The post Polygon Marks 6 Years on Mainnet as Network Surpasses $2.5 Trillion in Value Moved appeared on BitcoinEthereumNews.com.
Key Takeaways: Polygon has also celebrated its 6th anniversary since mainnet, logging over $2.5 trillion worth of transactions across the Polygon ecosystem. Each item is a real transaction made on Polygon, as started by the blockchain, it has created a fun and interactive experience. The milestone reflects Polygon’s increasing importance in the transfer of stablecoins and a day-to-day payments application. As Polygon celebrates its sixth birthday milestone, the platform is commemorating one of its biggest successes, consisting of over $2.5 trillion in total value transferred to-date from the establishment of Polygon on mainnet. Cake and candles 🎂 Happy six years of the Polygon Chain! pic.twitter.com/oJxNRsTXBa — Polygon | POL (@0xPolygon) May 30, 2026 The blockchain community marked the event with an interactive virtual world simulating real economic flow on
The shift to tokenized deposits could reshape financial stability, influencing global regulatory approaches and the future of digital currencies.
The post Bank of England’s Greene predicts tokenized deposits will replace stablecoins appeared first on Crypto Briefing.
The post After Perps Approval, Stablecoins Still Anchor Risk appeared on BitcoinEthereumNews.com.
Picture a trader rotating out of altcoins after a volatile week. They don’t retreat to fiat; they sit in USDC, waiting for the next perp entry. This is how risk is actually warehoused in crypto: in dollars that live on-chain. That habit just met a new regulatory inflection. The CFTC approved a bitcoin-referenced perpetual futures contract, and separately offered staff-level relief around posting customer-owned digital commodities and payment stablecoins as margin in certain foreign-futures setups. The headlines may look technical, but they touch the very pipes of crypto risk. So the question isn’t whether stablecoins matter after “perps approval.” It’s why they are still the instrument most desks trust to meter, move, and measure risk. The Big Picture: Why This Moment Matters Regulatory clarity in derivatives tends to ripple out into collateral, settlement, and market structure. On May 29,
The post Dash says crypto forgot its original killer app: digital cash appeared on BitcoinEthereumNews.com.
Dash has renewed its focus on digital cash, arguing that peer-to-peer payments remain one of crypto’s most useful goals even as stablecoins, DeFi and decentralized applications take more attention. Summary Dash says digital cash remains crypto’s strongest use case as stablecoins and DeFi gain ground. The project says stablecoins carry issuer, peg and freeze risks that digital cash avoids directly. Dash links payments, savings, DeFi and DApps to one scarce base money model for users. Dash said its strategy still follows the early idea behind Bitcoin: a peer-to-peer electronic cash system. The project said that use case has lost attention in parts of the crypto market, but it remains central to its roadmap. In a post on X, Dash described digital cash as the “killer app” for blockchain because it can support direct payments, savings, finance and digital services. The project said di
The post Circle Freezes $12.6M in Stablecoins Linked to Zama Without Prior Notice: ZachXBT appeared on BitcoinEthereumNews.com.
Stablecoin issuer Circle froze $12.6 million in USDC dollar-pegged tokens linked to privacy protocol Zama’s confidential USDC smart contract on Saturday, according to onchain sleuth ZachXBT. The smart contract is “publicly labeled” on block explorers and the privacy protocol’s technical documentation, ZachXBT said. The exact reason for the freeze is “unclear,” he said, adding that wallets linked to the Overnight Finance decentralized finance (DeFi) protocol deposited $12.4 million into the Zama protocol on May 11, 2026. He said: “Overnight Finance held a governance vote recently to distribute treasury funds after holders alleged the team was rug-pulling. Regardless, it’s precedent-setting to unilaterally freeze the contracts or addresses of a protocol where funds have been commingled with Zama users.” Source: ZachXBT “From my understanding, the Zama team does
The post Standard Chartered Keeps $40,000 ETH Target Despite 57% Price Decline appeared on BitcoinEthereumNews.com.
Key Takeaways Standard Chartered kept its $40,000 ETH target despite a 57% price decline. Ethereum’s network metrics remain near record levels, according to the bank. Stablecoins and tokenized assets are central to the bullish outlook. Why Standard Chartered Still Sees Ethereum Reaching $40,000 Ethereum’s underlying network indicators continue strengthening even as ETH remains far below recent highs, according to a May 28 research note from Standard Chartered’s Global Research team. Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered Bank, wrote that transaction numbers and total value locked, measured in ETH terms, remain near record levels. ETH has still fallen roughly 57% from its August 2025 peak, while ETH- BTC is down 37%. Standard Chartered argues the market is focusing on ETH’s price decline while overlooking stronger transaction and value
