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The post South Korean super app Toss partners with Optimism for won linked stablecoin trial appeared on BitcoinEthereumNews.com. South Korean financial super-app Toss has signed a strategic agreement with Optimism and Sunnyside Labs to test blockchain infrastructure for South Korean won-linked stablecoins through a three-month technology verification program. Summary Toss has partnered with Optimism and Sunnyside Labs to test blockchain infrastructure for South Korean won linked stablecoins over the next three months. The companies will evaluate payment settlement, compliance requirements and privacy protection using Optimism’s OP Stack and Sunnyside Labs’ Privacy Boost technology. The project will assess whether public blockchain infrastructure can meet institutional financial standards while supporting secure and scalable digital payments. According to a press release shared with crypto.news, the financial technology company will work with Ethereum layer 2 network Optimism and privac
Read full articleBitcoin price slides to $62,870 as US-Iran military strikes crush risk appetite, thin ETF inflows and stablecoin contraction deepen the selloff pressure. The post Strikes Across Hormuz Push BTC to $62,000 With $60K Floor at Risk appeared first on 99Bitcoins.
The post MediaFuse expands beyond crypto with AI-optimized TechnologyWire launch appeared on BitcoinEthereumNews.com. MediaFuse, the company behind crypto press release distribution platform Chainwire, has launched TechnologyWire, a new newswire service designed for technology companies seeking visibility across major media outlets, search engines, and AI-powered discovery platforms. The launch marks an expansion of MediaFuse’s sector-specific distribution strategy beyond crypto and blockchain into the wider technology market. TechnologyWire is aimed at startups, SaaS companies, AI firms, cybersecurity vendors, and enterprise technology teams looking to distribute announcements through targeted publisher networks rather than broad, generic syndication. For Web3 companies, Chainwire helped establish a distribution model built around crypto-native publisher access, guaranteed coverage, and measurable placement tracking. TechnologyWire applies a similar approach to the broader tech sector
T1's partnership with Sui highlights the growing intersection of esports and blockchain, potentially influencing future crypto adoption trends. The post T1’s blockchain partnership with Sui gets a spotlight boost as Peyz delivers standout MSI performance appeared first on Crypto Briefing.
The post Stripe’s Solana Stablecoin Push Brings Another Real Payments Use Case Into View appeared on BitcoinEthereumNews.com. Stripe’s Solana Stablecoin Push Brings Another Real Payments Use Case Into View Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk. Related News © 2025 NewsBTC. All Rights Reserved. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://www.newsbtc.com/news/stripe-s-solana-stablecoin-push-brings-another-real-payments-use-case-into-view/
The post Tether’s USDT supply contracts on Ethereum and TRON appeared on BitcoinEthereumNews.com. Tether’s USDT supply is contracting, after a $2.5B burn on the Ethereum network. The stablecoin just saw its biggest burn since February, potentially signaling liquidity outflows. Tether’s treasury burned $2.5B worth of USDT tokens on July 7, the largest supply contraction since February. The Tether treasury destroyed $3.5B of tokens on February 10, as a response to general trading contraction and removing USDT from legacy networks. As a result, Tether retains a $189.6B supply of USDT, mostly using Ethereum and TRON for transfers. USDT is closely watched for the effect of Euro Area regulations, and as a general signal for the health of the crypto ecosystem. The supply burn also traces a larger trend in stablecoin liquidity. Active addresses declined by 36.2% in the past 30 days, according to Artemis data. Average daily stablecoin volume is down by 47.5%. USDT and its closest rival, Cir
The post The Stablecoin Ghost of 2022 Is Back to Haunt the Bitcoin Price appeared on BitcoinEthereumNews.com. The Bitcoin price keeps stalling, and one overlooked force helps explain it. The stablecoins that fund crypto buying are both shrinking and moving less, the same setup that preceded Bitcoin’s 2022 crash. Data from DeFiLlama and Dune shows the market’s cash pile draining just when buyers are needed most. On its own, that is a headwind. Pushed far enough, it has been a trigger. How a Thinner Cash Pile Slows Bitcoin Stablecoins are the cash of crypto. Traders park dollars in USDT and USDC, then use them to buy Bitcoin and other coins. When that pool grows, more money stands ready to buy. When it shrinks, buying power drains away. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. The record shows the drag. Since 2020, when the stablecoin supply was expanding, the Bitcoin price averaged a +5.2% gain over the next 30 days and +18.9%
South Korean financial super-app Toss has signed a strategic agreement with Optimism and Sunnyside Labs to test blockchain infrastructure for South Korean won-linked stablecoins through a three-month technology verification program. According to a press release shared with crypto.news, the financial…
The USDT burn highlights stablecoin supply dynamics' influence on crypto markets, potentially affecting Bitcoin's price trajectory and market sentiment. The post Tether burns $3B USDT on Ethereum, largest since February 2026 appeared first on Crypto Briefing.
