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South Korea’s budget office says won stablecoins could save merchants up to $3.8 billion a year
The number that jumps out of South Korea’s National Assembly Budget Office analysis isn’t the headline savings figure. It’s the spread. Won-denominated stablecoins could cut what South Korean…
Stablecoins could save Korean merchants $3.8 billion a year, budget office says
The National Assembly Budget Office says won-denominated stablecoins could cut South Korean merchants’ annual payment fees by anywhere from 370 billion won ($275 million) to 5.15 trillion won.…
Binance gave Russia the data that put a Ukrainian donor in jail
Yuri Belenkiy sent transfers worth more than $700. That figure is now the basis of a terrorism financing case against him, and the paper trail Russian investigators used…
RedotPay puts its $1 billion U.S. IPO on ice, sources say
A payments company that says it issues more stablecoin cards than anyone else on the planet just decided that going public can wait. Possibly until 2027. RedotPay has…
The five-second Binance trick that let traders drain millions from Polymarket
Bet on a coin flip that’s already landed and you’ll win a lot. That’s roughly what 821 accounts were doing on Polymarket, and researchers put a number on…
JPMorgan says Hyperliquid ETF inflows have stalled out as rivals close in
Two months of momentum, gone. Hyperliquid ETFs led every non-bitcoin crypto fund in inflows relative to assets under management during May and June, and by July and early…
