Visa has partnered with Mesh to integrate stablecoin payments into its network worldwide.
Crypto will be debited from the buyer’s wallet, automatically converted to fiat on the spot, and deposited into the seller’s account in the currency they’re used to.
🔥 Binance burned 1.65 million BNB worth $1.2 billion in its 37th quarterly token burn.
Every three months, Binance uses 20% of its profits to buy back and destroy BNB coins (by sending them to irretrievable addresses). This is done to ensure liquidity and will continue until 50% of the total supply has been depleted.
Ultimately, only 100 million BNB will remain in circulation.
Russian banks have begun cracking down on the purchase of USDT on crypto platforms in CIS countries, followed by its sale for cash rubles in Russia, RBC reports.
The Central Bank sees such transactions as carrying a high risk of money laundering involving funds of “unclear” origin.
“The classic pattern looks like this: in the morning, someone sends a couple of million to Minsk; by lunchtime, they cash out their USDT at an exchange office somewhere in Moscow City; in the evening, they deposit the cash through an ATM. If the bank doesn’t ask any questions, you can make three or four such rounds in a week,” experts explain.
⚡️ Bitget is leaving Russia, Kazakhstan, and Belarus—the exchange has added these countries to its list of prohibited jurisdictions, and users are receiving emails asking them to withdraw their funds by October 21.
Meanwhile, there have been no official announcements yet.
Launched just 4 months ago, Binance’s bStocks already has достиг $1 billion in assets.
Most trading takes place when U.S. markets are closed. Traders want to trade around the clock, and more and more are turning to Binance.
bStocks are tokenized securities backed by real fiat assets, allowing you to invest in shares of Tesla, Nvidia, Google, and more directly through Binance.
This product is popular because it isn’t tied to a traditional broker or the opening hours of TradFi markets—you can invest in the same stocks as Elon Musk at any time of day or night, even with just $5 in your pocket.