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Senate Democrats Demand Public Listening to On Prediction Markets
TL;DR All 11 Democrats on the U.S. Senate Banking Committee have called for a public hearing on prediction markets. The request followed a private meeting between Republican committee members and Kalshi CEO Tarek Mansour. The lawmakers say securities-linked prediction products could raise issues that fall within the Banking Committee’s oversight responsibilities. Prediction markets are becoming…
Privy Expands TRON Help As Stablecoin Cost Infrastructure Grows
TL;DR Privy has expanded its TRON integration with new transaction, policy, transfer and monitoring tools for developers. The Stripe-owned wallet infrastructure company says businesses can use the expanded stack for payments, treasury operations and other stablecoin products. TRON currently hosts more than $94 billion in circulating USDT, according to the network’s September data. Privy is…
Chainalysis Says Crypto Exercise Barely Fell Regardless of $2.1T Market Rout
TL;DR Chainalysis says measured global crypto economic activity declined just 1.6% during the 12 months ended June 30, 2026. That happened while the wider crypto market lost roughly $2.1 trillion in capitalization. Domestic peer-to-peer and cross-border stablecoin activity both grew sharply during the period. Crypto prices took a beating over the past year, but the…
Visa Examine Says Financial institution-Model Protections May Push Stablecoin Use Sharply Larger
TL;DR Visa says U.S. willingness to use stablecoins rises from 36% to 56% when hypothetical bank-level fraud protection and deposit insurance are added. The study covered 2,192 U.S. adults and more than 45,000 respondents across 20 markets. The findings suggest trust and consumer protection may be a bigger barrier to mainstream stablecoin use than the…
Galaxy Provides $100M Of Sky’s sUSDS To Company Treasury
TL;DR Galaxy has added $100 million of Sky Protocol’s sUSDS to its own corporate treasury. The firm has also approved sUSDS as collateral across an institutional trading business carrying an average loan book of about $1.4 billion. Galaxy additionally bought an undisclosed amount of SKY, deepening an existing lending relationship with the Sky ecosystem. Galaxy…