Crypto Breaking

Tangem Pay is revealing the practical friction behind crypto-linked card expansion: demand for payments and the ability to issue regulated cards do not always align. According to the Swiss crypto wallet provider, more than 40% of Tangem Pay payments originate from Latin America and over 30% come from the United States, yet physical card availability is still constrained in certain jurisdictions.
In an interview with Cointelegraph, Andrey Ilinskiy, head of Tangem Pay, said the key issue is less about where users “want” crypto cards and more about where the necessary regulatory and issuing conditions are present. “It is not simply a question of where people want crypto cards,” he explained. “It is where demand, regulation, banking infrastructure and card-issuing requirements happen to line up — and today, those maps do not always overlap.”
Key takeaways
Tangem Pay reports that Latin America accounts for over 40% of payments and the US for more than 30%, even though physical card availability remains limited in some regions.
Tangem’s first physical Visa card roll-out will begin with an initial supply of 5,000 cards for in-store and online purchases and ATM withdrawals.
Users can fund the card from their self-custodial wallet and transfer funds back if the card is suspended or closed, emphasizing self-custody during the payment cycle.
Tangem says it currently cannot deliver physical cards to roughly 20 countries, including China and Russia, citing KYC, sanctions, local banking rules, and card-issuing compliance.
Cashback on eligible purchases is being introduced using Circle’s USDC, with rates of 1% for Basic users and 2% for Plus users.
A regulated card network adds new boundaries
Tangem’s pitch is rooted in self-custody: the user keeps control of their assets instead of placing them with a traditional custodian. However, Ilinskiy’s comments highlight a different kind of limitation that emerges when tokens enter mainstream payment rails.
As Tangem put it, “Self-custody removes one major boundary: there is no custodian standing between the user and their assets. But when those assets enter a regulated payment network, another set of boundaries appears.” In practice, that means card issuance is constrained by the same compliance factors that govern other regulated financial services—rather than by crypto demand alone.
For users and builders, this framing matters because it clarifies why card roll-outs can lag even in markets that show strong activity. If payment usage is already concentrated in regions like Latin America and the US, the next bottleneck is not necessarily onboarding crypto holders, but meeting the requirements of banks, issuers, and regulated card programs in each country.
First physical Visa card: small start, clear use cases
On Wednesday, Tangem announced its first physical Visa card, designed for in-store and online purchases and for ATM withdrawals. The initial release is limited to 5,000 cards, signaling a controlled launch rather than an immediate global rollout at full scale.
Functionally, Tangem says users can fund the card directly from their self-custodial wallet. If the card is suspended or closed, users can move funds back to the wallet—an important operational detail given how often card-based products depend on account status and payment network rules.
The limited initial supply also suggests Tangem is managing risk and compliance verification typical of regulated products—especially when a crypto-linked card must operate within the constraints of card issuing and local regulations. Investors and traders watching the sector should note that infrastructure roll-outs of this kind often start small, then expand as compliance workflows and partnerships mature.
Tangem also indicated it plans to showcase the first physical Tangem Pay cards at Token2049 in Singapore, positioning the launch within a broader industry context where hardware wallets, payments, and institutional-ready rails are a frequent theme.
Nearly 200 countries—except about 20
Tangem said it can deliver physical Tangem Pay cards in nearly 200 countries, while excluding roughly 20. The company named several restricted jurisdictions, including China, Russia, North Korea, and Palestine.
Importantly, Tangem said these delivery limits do not necessarily mirror the rules governing crypto itself. Instead, availability is shaped by a broader set of compliance and operational factors, including KYC requirements, sanctions, local banking regulations, and card-issuing compliance.
In its explanation, the company drew a connection between the same forces that create crypto demand and the forces that can complicate card issuance. “The same conditions that can create demand for crypto as an alternative financial rail can make regulated card issuance more difficult,” Tangem said. That statement underscores a tension the market often glosses over: regions that may seek financial alternatives due to banking constraints can simultaneously be the hardest to integrate into regulated card networks.
For users, the takeaway is practical. Even if Tangem Pay is accessible digitally in many places, physical card availability can still depend on eligibility checks and partnerships that vary by country. For builders and compliance teams, it’s a reminder that payments are not purely a technical layer; they are also a jurisdiction-by-jurisdiction permissioning exercise.
USDC cashback rolls in alongside the hardware launch
Alongside the physical card announcement, Tangem is introducing cashback funded in Circle’s USDC stablecoin. The company set cashback at 1% for Basic users and 2% for Plus users on eligible purchases.
The choice to pay cashback in a stablecoin is consistent with the broader direction of crypto payments: rewards are designed to remain value-stable and immediately usable within crypto ecosystems. For Tangem users, the offer may also strengthen engagement by linking everyday spending to a crypto-denominated benefit, rather than limiting rewards to traditional fiat mechanisms.
Because cashback is conditional on eligibility, it will likely be influenced by the same compliance and payment-network constraints that govern card availability. That means the real-world impact of the USDC cashback program may be uneven across regions—potentially reinforcing the geographic patterns Tangem described earlier about where demand and payments are most concentrated.
As Tangem expands beyond its initial 5,000-card release, readers should watch how quickly the company increases inventory and whether physical availability grows in the regions with the highest share of payments. The key uncertainty remains how fast regulatory and banking infrastructure constraints can be resolved country by country—especially in places where crypto demand is already strong.
This article was originally published as Tangem Says Crypto Card Access Lags Global Demand on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Yuval Rooz, cofondateur et PDG de Digital Asset, a invoqué la fenêtre réglementaire actuelle aux États-Unis pour justifier la nécessité de développer rapidement l’empreinte institutionnelle de la blockchain, suggérant qu’une adoption généralisée au quotidien pourrait rendre plus difficile tout retour en arrière pour les futures administrations.
Lors de son intervention à Token2049, à Singapour, Rooz a déclaré que le secteur devait favoriser un niveau d’utilisation si répandu qu’« il n’y aurait pas de retour en arrière », même si les priorités de la politique américaine pourraient évoluer à l’approche de la prochaine élection présidentielle, le 7 novembre 2028.

Selon l’ancien gouverneur de l’État de New York Andrew Cuomo, les efforts des États-Unis pour adopter une législation fédérale sur les cryptomonnaies se heurtent à un problème d’alliances politiques. S’exprimant cette semaine à Token2049 aux côtés de Star Xu, PDG d’OKX, Cuomo a déclaré que le soutien financier et organisationnel du secteur s’était largement porté sur les républicains, une stratégie qui, selon lui, compromet le soutien des démocrates nécessaire à l’adoption de projets de loi majeurs.
Cuomo a lié cette stratégie au fait que, même si les démocrates semblent actuellement en passe de reprendre le contrôle du Congrès, les élus auront toujours besoin de coopérer avec les deux partis pour faire avancer les textes de loi. Il a également réfuté l’idée selon laquelle les démocrates seraient globalement « anti-crypto », faisant valoir que leurs priorités concordent avec la promesse de cette technologie d’élargir l’accès aux produits financiers.

Alors que les traders crypto se lancent à la recherche du prochain token « 100x », certains acteurs du marché privilégient de plus en plus les paris dont les résultats reposent sur des probabilités plus claires plutôt que sur la pure spéculation, a déclaré cette semaine le PDG de Polymarket, Shayne Coplan, lors de Token2049 à Singapour.
Lors d’une conversation informelle mercredi, Coplan a décrit une grande partie de la dynamique actuelle des échanges d’altcoins comme un cycle d’optimisme et d’urgence, où les traders espèrent réaliser des bénéfices avant que les prix ne finissent inévitablement par retomber. Il a présenté la dynamique plus générale des marchés prédictifs comme une tentative de passer des récits de hausse exponentielle à des paris liés à des événements réels.

Le représentant américain French Hill, président de la commission des services financiers de la Chambre des représentants, a affirmé cette semaine que les autorités de régulation progressaient dans la supervision des actifs numériques, mais que les États-Unis ne disposaient toujours pas du cadre durable et stabilisateur des marchés que seul le Congrès peut mettre en place.
Lors d’un entretien accordé mercredi à Fox Business, l’élu de l’Arkansas a déclaré que la Securities and Exchange Commission (SEC) et la Commodity Futures Trading Commission (CFTC) avaient pris des mesures en faveur de règles plus claires pour les cryptomonnaies, après l’échec, le mois dernier, du Sénat américain à adopter le Digital Asset Market Clarity Act (CLARITY Act). Hill a estimé que les initiatives de ces agences « n’étaient pas à la hauteur » d’une solution législative pérenne.

Le cofondateur d’Ethereum, Vitalik Buterin, a approuvé un nouvel avertissement de Justin Drake, chercheur chez Ethereum : les progrès rapides de l’intelligence artificielle pourraient finir par fragiliser les hypothèses cryptographiques sur lesquelles reposent de nombreux systèmes blockchain, peut-être même avant que les ordinateurs quantiques ne représentent une menace directe.
Dans des publications distinctes sur X, les deux chercheurs ont souligné que, à court terme, il fallait privilégier une réduction prudente et facultative des risques plutôt que de céder à la panique. Tous deux ont évoqué la possibilité que les progrès en mathématiques accélérés par l’IA facilitent la compromission ou l’affaiblissement significatif de schémas de signature largement utilisés, comme ECDSA, tout en mettant en doute l’idée que certaines catégories de cryptographie soient automatiquement « sûres » à moyen terme.

Justin Drake, chercheur chez Ethereum, exhorte le secteur des cryptomonnaies à commencer à se préparer à un scénario qu’il qualifie de « mode bunker », en recommandant aux utilisateurs de transférer progressivement leurs fonds vers de nouvelles adresses de portefeuille. Son avertissement s’appuie sur les avancées récentes de l’intelligence artificielle et de la résolution de problèmes mathématiques complexes, qui pourraient, selon lui, raccourcir le délai nécessaire pour casser l’algorithme de signature numérique à courbe elliptique (ECDSA), utilisé pour sécuriser de nombreux portefeuilles de cryptomonnaies.
Dans une publication sur X mercredi, Drake a évoqué les progrès de l’IA — en particulier les travaux mis en avant par OpenAI — pour expliquer pourquoi il faudrait se demander si l’ECDSA pourrait être compromis plus tôt que beaucoup ne le pensent, peut-être « en quelques mois, et non en quelques années » dans le pire des cas. Plutôt que d’attendre des percées concrètes dans l’informatique quantique, il conseille de se préparer à une menace cryptographique qui pourrait se concrétiser plus tôt par d’autres voies.

Tether has entered a memorandum of understanding with Kazakhstan’s National Bank and the Alatau City Authority to explore a tenge-pegged stablecoin and the broader tokenization of real-world assets. The initiative, announced by Tether, is designed to examine how stablecoin issuance could fit within Kazakhstan’s priorities for financial stability while improving transparency and investor protections.
Beyond the stablecoin concept, the agreement also contemplates building a framework for asset tokenization and running a pilot in Alatau that could leverage Tether’s Hadron platform, according to the company.
Key takeaways
Tether is working with Kazakhstan’s central bank and Alatau officials to study a tenge-backed stablecoin pilot alongside real-world asset tokenization.
The memorandum focuses on reviewing international issuance models, reserve management concepts, and potential use cases before proposing a concrete plan.
A tokenization framework is part of the agreement, including identifying suitable assets for potential tokenization.
The broader rollout aligns with Kazakhstan’s recent government action plan for digital assets spanning tokenization, payments, settlements, and mining.
Kazakhstan has reported progress in its regulatory sandbox and a growing strategic crypto reserve, underscoring continued institutional involvement in crypto-related initiatives.
What Tether’s Kazakhstan memorandum covers
Under the memorandum of understanding, the participating parties will examine “international stablecoin issuance models” and work to identify potential use cases, Tether said in its announcement. The goal is to develop a proposal for a tenge-pegged stablecoin pilot, supported by an assessment of how issuance and reserves could be structured.
The agreement also calls for the development of an asset tokenization framework. That includes identifying assets that could be tokenized and setting the groundwork for a pilot project in Alatau. Tether said the Alatau pilot could use its Hadron platform.
In addition, the memorandum includes workshops and training programs aimed at stablecoin issuance, reserve management, and real-world asset tokenization—an emphasis on operational learning rather than only conceptual discussion.
Central bank priorities: stability, transparency, and investor protection
Binur Zhalenov, Deputy Governor of the National Bank of Kazakhstan, said the central bank intends to study international approaches to stablecoin issuance and tokenization while prioritizing financial stability, transaction transparency, and investor protection. This framing matters because it positions the effort as a controlled exploration—potentially meant to inform regulatory thinking—rather than a direct launch of a new token without oversight.
For market participants, the inclusion of reserve management training and a tokenization framework suggests the project is being treated as an institutional workstream. That could influence how stakeholders view the likelihood of a future pilot: investors and partners typically want clarity around reserve practices and governance before operationalizing stablecoin issuance.
Kazakhstan’s wider digital asset push provides context
This memorandum fits into Kazakhstan’s broader push into digital assets that the country has accelerated this year. Tether’s agreement highlights stablecoins and asset tokenization, while Kazakhstan’s government-linked initiatives also extend to crypto payments and mining.
In September, Kazakhstan’s government approved a 65-measure joint action plan across 10 areas to develop the digital assets industry. The plan includes measures intended to expand real-world asset tokenization, digital payments, international settlements, and crypto mining.
The government also tasked relevant ministries with developing a mechanism for using gas- and coal-fired power generation to supply mining centers. According to Kazakhstan’s government, the country ranked among the world’s top 10 for Bitcoin production in 2025.
Separately, Kazakhstan has reported that its National Strategic Crypto Reserve reached $700 million. The announcement also states that 34 digital asset projects have completed testing in the National Bank’s regulatory sandbox.
On holdings, BitcoinTreasuries.net ranks Kazakhstan seventh among governments in its database for Bitcoin holdings, estimating 3,544 BTC worth about $294 million.
Why the tenge-pegged direction could matter
A tenge-pegged stablecoin—if it ever progresses to a pilot—would represent a direct attempt to align a stablecoin design with a national currency framework. That can be important for two reasons: first, it may shape how local payments and settlement use cases are approached; and second, it typically raises specific regulatory questions around reserve assets, issuance controls, and redemption mechanisms.
In this memorandum, the emphasis on studying international issuance models and reserve management suggests the central concern is not simply whether a stablecoin can function technically, but whether it can be designed to meet stability and protection goals. It also signals that the tokenization workstream is meant to be more than a theoretical exercise: the agreement explicitly references identifying tokenizable assets and launching a pilot in Alatau, with Hadron as a possible tooling layer.
Still, the memorandum does not provide details on timelines for any actual launch. Readers should watch for follow-on disclosures from the National Bank or participating parties on pilot scope, reserve requirements, governance structure, and the specific asset categories targeted for tokenization.
For now, the key takeaway is that Kazakhstan’s institutional involvement—evident in the regulatory sandbox activity and the strategic reserve—appears to be deepening alongside Tether’s search for a locally relevant stablecoin and tokenization pathway. The next signal to monitor is whether this exploratory phase results in a defined pilot proposal and regulatory guidance that clarifies how a tenge-pegged stablecoin could operate in practice.
This article was originally published as Tether and Kazakhstan’s Central Bank Discuss Tenge Stablecoin Plans on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Sui a publié les résultats d’un test de charge en conditions réelles, montrant que ses « tunnels » programmables hors chaîne peuvent traiter un trafic de transactions à des vitesses extrêmement élevées, avec un pic de 40 614 180 transactions par seconde (TPS). La démonstration, organisée mercredi au Sui Basecamp à Singapour, vise à reproduire le type d’activité à haute fréquence attendu lorsque de nombreux agents logiciels interagissent en continu.
Selon Sui, le test a dépassé un précédent record établi en juillet, lorsqu’une configuration comparable avait atteint environ 6,1 millions de TPS. Lors du nouvel essai, Sui a indiqué que les opérations transitaient hors chaîne par ses tunnels, puis étaient réglées sur la blockchain Sui à la fermeture de ceux-ci — ce qui permettait d’augmenter le débit sans obliger à exécuter directement sur la chaîne chaque transaction individuelle.

Hunter Biden has released a detailed public account of the $LAPTOP memecoin he helped launch, pointing to on-chain activity to argue that key “founder” wallets did not hold funds long after the token’s debut. The claims, shared in a series of X posts, center on blockchain data and a separate “launch report” published with the project’s materials.
In his posts, Biden said that 300 million tokens sitting in wallets associated with the memecoin’s founders “haven’t moved since launch.” He also argued that price action around the token’s initial burst resembled classic extraction-style launches, citing activity by two “professional trading firms” hired by the project.
Key takeaways
Hunter Biden says 300 million tokens in wallets tied to the $LAPTOP memecoin founders have remained unmoved since launch.
Biden and a separate “launch report” both describe liquidity and sell-pressure dynamics shortly after the token’s peak on Sept. 9.
The report attributes rapid fund withdrawals to “Market Maker 1” after the price topped out, driving sell-side liquidity toward zero.
Biden claims one market maker earned about $686,000 from decentralized exchange liquidity and that another “took in about $2.18 million more than it spent” through trading.
The project says founder-related token holdings are locked for six months and that it will continue burning unclaimed tokens from airdrops.
On-chain claims about founder wallets
According to Biden’s Wednesday X posts, the blockchain evidence he shared focuses on token flows after the memecoin’s launch. He stated that 300 million tokens in wallets associated with the $LAPTOP memecoin founders have not moved since launch.
Biden connected that static wallet behavior with the project’s broader launch mechanics, and he argued that price charts tell a familiar story: in his words, the early pricing looked “like every celebrity rug ever” following the token’s debut on Sept. 9.
Rather than centering his explanation on the overall token narrative, Biden pointed attention toward liquidity behavior and the timing of when funds were withdrawn relative to the token’s peak.
Liquidity timing and market makers at the center
Biden said the most significant beneficiaries around the early spike were not named individual investors but “two professional trading firms” hired by the project. He characterized the firms as market makers and claimed that their actions occurred within seconds of the memecoin reaching its high point.
In the posts, Biden described two separate outcomes: one market maker made $686,000 through liquidity positions on decentralized exchanges, while the other “took in about $2.18 million more than it spent” via trading.
The same general storyline appears in a “launch report” posted as a PDF on the memecoin’s website. That document, prepared by Delaware-based intelligence consultancy Groom Lake, is positioned as an analysis of the token’s launch structure and trading dynamics.
What the “launch report” says happened after the peak
In the report, the authors describe a rapid withdrawal of funds intended for sellers shortly after the token’s top. The publication states that “the money for sellers was pulled right after the peak.” It further claims that 84 seconds after the price topped out, “Market Maker 1 withdrew its money,” causing the cash available for people trying to sell near the then-current price to drop from $16,157 to zero.
While Biden frames the findings as evidence of extraction-like launch behavior, the key takeaway for readers is the sequence itself: the report highlights a short window between a peak price event and the removal of sell-side liquidity, which is exactly the kind of timing that can shape how quickly market depth disappears after hype-driven pumps.
For traders, the practical implication is that token launches may not be limited to order-book mechanics alone—liquidity provisioning, market-maker withdrawal behavior, and time-to-withdraw can be just as important as the headline price move.
Why Biden says he launched—and what remains locked
In his posts, Biden offered a personal motivation for sharing the analysis. He said the project was intended as a response to what he characterized as “max extraction” and as an attempt to “troll every grift,” adding that he believed transparency mattered. He also referenced a commitment to lockups and the publication of what he called a MiCA disclosure, and said he hoped the effort could support charities he cares about.
Biden also said he planned to set aside 5% of tokens for charity, while acknowledging incentives tied to keeping the project active. His explanation included references to political figures and people he said had criticized the project as a scam, particularly those he claimed he refused to pay as “key opinion leaders.”
Beyond the rhetorical context, the project’s stated mechanics may be the most relevant part for users watching future token behavior. Biden said the $LAPTOP founder memecoins will remain locked for six months after launch. He also said the team will continue burning unclaimed tokens from airdrops.
Broader memecoin drama and what to watch next
The $LAPTOP token draws on the ongoing political and media controversy around Biden’s laptop, which was repeatedly invoked in right-wing circles and was tied to lawsuits filed by Biden over privacy laws. Those ties help explain why the memecoin has attracted more than the usual category of speculative attention.
Separately, the article notes Biden’s critical stance toward World Liberty Financial, describing it as “corruption at a scale we’ve never seen” in an earlier post. The landscape of memecoin launches also remains crowded with controversy; criticism has continued around other politically branded tokens, including “Official Trump (TRUMP)” which launched shortly before January 2025, and has been met with claims of rug-pull behavior and corruption allegations.
For the $LAPTOP community and observers, the next developments to watch are straightforward: whether the six-month lockups hold as described, whether remaining liquidity and trading dynamics align with the report’s claims as time passes, and how unclaimed airdrop token burning continues to affect supply and sell pressure.
This article was originally published as Hunter Biden Says ‘LAPTOP’ Token Isn’t a Rug Pull, Claims It’s Trolling on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Robinhood has added $25 million in Bitcoin to its corporate balance sheet, strengthening its direct exposure to the cryptocurrency sector. The trading platform confirmed the purchase on October 7 during the Token2049 conference in Singapore. The move separates Robinhood’s corporate Bitcoin position from billions of dollars in customer crypto assets.
Robinhood Adds Bitcoin to Corporate Treasury
Johann Kerbrat, Robinhood’s crypto and international chief, disclosed the purchase during an interview with The Block. He said the company invested to align its corporate strategy with the broader Bitcoin ecosystem. However, the purchase remains relatively small compared with Robinhood’s overall market value.
Next stop: @TOKEN2049 Singapore.
Day 1: a fireside with @cryptomanran founder of Crypto Banter.
Day 2: talking RWAs with @ethereumJoseph & @TrustlessState, then "The Speculation Age" with @gametheorizing, @HadickM & @akshaybd.
Robinhood Chain hits 100 days this week. Lots to… pic.twitter.com/SkNyTwP8Eo
— Johann Kerbrat (@JohannKerbrat) October 7, 2026
Robinhood shares closed Tuesday at $112 after declining 1.85% during the trading session. Consequently, the company carried a market capitalization of roughly $100 billion before announcing the Bitcoin purchase. The $25 million allocation therefore represents only a limited portion of Robinhood’s overall corporate assets.
The purchase also follows earlier discussions about adding Bitcoin directly to Robinhood’s balance sheet. Chief Executive Vlad Tenev previously confirmed that management had considered holding the cryptocurrency as a corporate asset. Robinhood has now joined other public companies that maintain Bitcoin positions beyond customer custody operations.
Customer Bitcoin Holdings Remain Separate
Robinhood keeps its corporate Bitcoin holdings separate from cryptocurrencies held on behalf of platform customers. The company reportedly safeguards nearly $25 billion in customer-owned digital assets across its custody wallets. Those holdings include more than 185,000 Bitcoin valued at approximately $15.6 billion.
Meanwhile, corporate Bitcoin adoption continues across several publicly listed companies with large treasury strategies. Strategy purchased another 334 Bitcoin between September 28 and October 4 for approximately $28.7 million. The company paid an average of $85,838.80 for each Bitcoin during the latest acquisition.
Strategy now holds approximately 848,000 Bitcoin after continuing its long-running corporate accumulation program. Robinhood’s approach remains considerably smaller and focuses more heavily on expanding its trading and blockchain services. Still, the new position gives Robinhood direct Bitcoin exposure alongside its existing crypto business.
Robinhood Expands Crypto Products and Blockchain Services
Robinhood has also expanded its crypto product range while increasing its presence across derivatives and blockchain-based financial services. Last week, the company announced plans to introduce perpetual futures for eligible United States customers. The planned offering will support long and short positions across several major cryptocurrencies.
Supported assets will include Bitcoin, Ether, Solana, XRP, Dogecoin, Cardano, Chainlink, and Hyperliquid’s HYPE token. Robinhood has also expanded Robinhood Chain, its Layer 2 blockchain developed using Arbitrum technology. The network launched its public mainnet in July and reached $1.05 billion in total value locked.
Additionally, Robinhood offers Stock Tokens, allowing eligible users to trade tokenized equities around the clock through Robinhood Chain. The platform currently has about 28 million funded accounts, including roughly 27 million accounts in the United States. Bitcoin traded near $84,280 following the announcement, moving between approximately $83,647 and $86,648 during the day.
This article was originally published as Robinhood Adds $25 Million in Bitcoin to Its Corporate Balance Sheet on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Circle and Tereina are bringing regulated stablecoin payments into SAP systems used by eligible business customers. The companies will integrate USDC and EURC with SAP Pay and SAP Cloud ERP through Tereina’s payment infrastructure. The agreement connects blockchain settlement with established corporate payment, treasury, and accounting processes.
USDC Enters SAP Enterprise Payment Workflows
Circle and Tereina announced the integration on October 7 as part of a broader enterprise payments initiative. Under the agreement, eligible businesses can send and receive USDC through applications already connected with their financial operations. Therefore, companies can access dollar-denominated stablecoin payments without building separate blockchain payment infrastructure.
USDC will support transactions that businesses traditionally process through dollar-based banking and payment systems. Tereina will connect those transactions with SAP applications while keeping existing financial workflows available to corporate teams. As a result, finance departments can manage stablecoin settlement alongside established payment and treasury processes.
The partnership also gives Circle wider access to companies operating through SAP’s enterprise software network. SAP technology supports financial, supply chain, procurement, and commercial operations across businesses in numerous global industries. Consequently, Circle can introduce USDC to enterprise customers without requiring major changes to their core business software.
EURC Expands Euro Stablecoin Payments Through SAP
EURC will provide the euro-denominated component of the new stablecoin payment infrastructure. Businesses using supported SAP applications can process eligible euro transactions through Tereina while maintaining familiar enterprise financial systems. This approach links regulated digital currency payments with existing accounting and treasury operations.
The integration could also support cross-border transactions where businesses require digital settlement without relying on separate crypto applications. Companies can use EURC within the same infrastructure that manages other corporate financial activities and payment requirements. Meanwhile, Tereina plans to make stablecoin functionality a standard feature within supported enterprise applications.
Circle has also sought stronger regulatory positioning for its stablecoin operations across major international markets. The company has recently called for changes to specific stablecoin provisions under the European Union’s MiCA framework. Therefore, wider enterprise use of EURC would complement Circle’s efforts to expand regulated euro-denominated digital payment infrastructure.
Arc Supports Settlement As Circle Expands Enterprise Reach
Arc will operate as the preferred blockchain for the payment arrangement between Circle and Tereina. The network will support settlement while businesses continue interacting with familiar SAP-linked systems rather than separate blockchain interfaces. This structure allows companies to combine digital settlement with established enterprise controls and operational processes.
Circle and Tereina also plan proof-of-value programs with selected customers during the early rollout. In addition, the companies intend to train treasury and payments specialists who will manage the new payment capabilities. These programs will help corporate teams understand settlement processes and integrate stablecoins into existing financial operations.
Both companies also plan to work with payment providers and other ecosystem partners as adoption develops. Their cooperation will focus on payment settlement, treasury management, and cross-border movement of corporate funds using stablecoins. The partnership extends Circle’s enterprise strategy while giving SAP-linked businesses another route for using regulated digital currencies.
This article was originally published as Circle And Tereina Bring Usdc And Eurc Payments To Sap Workflows on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Bitcoin slipped below $84,000 on Wednesday, triggering a wave of forced selling in leveraged derivatives. According to CoinGlass data cited in the reporting, flash liquidations across crypto totaled over $550 million—mostly tied to long positions—amid a short-term drop that briefly pushed BTC to about $83,560.
Despite the selloff, traders appeared to find buyers near the 21-day moving average, which is currently around $83,850. As price stabilized in the low-$84,000 area, analysts highlighted both a key technical line for bulls and a specific pattern of highly leveraged short activity on Hyperliquid immediately before the downside accelerated.
Key takeaways
Bitcoin briefly tagged $83,560 before holding support around its 21-day SMA near $83,850.
CoinGlass data showed cumulative crypto long liquidations of roughly $550 million during the move.
Lookonchain and other onchain analysis flagged four Hyperliquid wallets that opened 40x BTC shorts before the decline.
Rekt Capital said a daily or three-day close above $86,700 is needed to validate upside continuation.
Open interest rebounded after the liquidation flush, suggesting traders returned to risk even near local lows.
Liquidations flare as BTC breaks down briefly
Market data from TradingView showed BTC/USD falling as much as 2.3% over two hourly candles before snapping back toward the $84,000 level. At the time of writing, Bitcoin was trading around that area, but the move was significant enough to force large positions off margin.
CoinGlass figures cited in the original reporting put cumulative 24-hour crypto long liquidations at approximately $550 million. In fast markets, those liquidation cascades can exaggerate price swings—especially when leverage is concentrated—creating the kind of sharp downside that can happen even without a deeper change in broader trend.
Hyperliquid 40x shorts reportedly led the move
One of the more actionable elements in the coverage was an onchain-linked timing analysis pointing to concentrated leverage on a single venue. According to onchain observations attributed to Lookonchain and others, four wallets opened shorts using USD Coin (USDC) on Hyperliquid for a total of 148.49 BTC, using 40x leverage, shortly before the downside occurred.
This kind of “positioning before the move” matters to market participants because it can help explain why certain price levels break quickly. When highly leveraged traders enter in the same direction, they may amplify order-book pressure once liquidity thins and stops get triggered.
After the liquidation flush, the same reporting noted that open interest started to rebound across the exchanges tracked by CoinGlass. Specifically, open interest reportedly rose from around $54.2 billion to $55.3 billion over a six-hour window between 4 a.m. and 10 a.m. UTC. While open interest can rise for both long and short positions, the implication here is that traders appeared willing to re-engage around local lows instead of stepping entirely aside.
The 21-day moving average holds—what comes next
Technical analysis centered on Bitcoin’s nearby trend support. The 21-day simple moving average (SMA) near $83,850 acted as a key reference point during the dip. As the coverage described, bulls on lower time frames are watching this level closely, treating it as a near-term “line in the sand.”
Earlier coverage referenced in the original article had framed the 21-day SMA as a critical boundary for maintaining momentum. In the latest reaction to Wednesday’s drop, Bitcoin held close to that zone, keeping the market from entering a more damaging breakdown scenario immediately.
Below the 21-day SMA, the next widely discussed area was $82,500, described as a decisive level for Bitcoin’s broader uptrend. The reporting ties that level to an inverse head-and-shoulders structure that remains incomplete on the weekly chart, noting that price previously visited $82,500 on Sept. 28. For traders using pattern-based frameworks, this matters because the market’s next reaction at $83,850 and potentially $82,500 could determine whether the larger reversal thesis keeps playing out or loses structure.
Confirmation threshold at $86,700
Even with support holding, analysts argued that upside follow-through is not yet confirmed. Rekt Capital—cited in the original reporting—said Bitcoin needs stronger higher-time-frame validation to continue its bullish setup. In particular, he emphasized that a daily close, or at least a close over three days, above $86,700 would be required.
Rekt Capital also stated that Bitcoin currently lacked “lower timeframe confirmation” relative to the key continuation level, implying that while the market may have bounced from local support, it had not yet proven the shift in momentum necessary to sustain a recovery.
That distinction—holding support versus confirming continuation—often separates “relief rallies” from actual trend progression. A move back above $86,700 on daily structure would likely be seen as a cleaner signal that buyers can defend higher levels without immediate rejection.
Why traders will watch the next few sessions
With leverage-driven volatility already demonstrated by the liquidation totals and the reported Hyperliquid short activity, attention should move to whether Bitcoin can hold the 21-day SMA region and then build toward a daily (or multi-day) close above $86,700. The near-term risk is a second test of $82,500 if support fails; the upside case hinges on reclaiming resistance with enough market structure to avoid another stop-driven flush.
This article was originally published as $550M in Crypto Liquidations as Bitcoin Slips Below $84K on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Sui affirme que ses tunnels programmables hors chaîne ont franchi un nouveau seuil de débit lors d’un test de charge en direct destiné à simuler des échanges intensifs en temps réel entre des agents d’IA. Le réseau a annoncé un pic de 40 614 180 transactions par seconde (TPS), largement supérieur aux quelque 6,1 millions de TPS atteints lors d’un test similaire en juillet.
La démonstration a eu lieu mercredi au Sui Basecamp, à Singapour. Selon Sui, l’activité a été menée hors chaîne via des « tunnels » capables de regrouper ou de gérer des opérations à haute fréquence, puis de les régler sur la blockchain Sui à la fermeture des canaux.

Hunter Biden a publié un compte rendu détaillé du memecoin $LAPTOP qu’il a contribué à lancer, en partageant sur X ce qu’il présente comme des preuves sur la blockchain qu’une grande partie des jetons liés aux fondateurs du projet n’a pas bougé depuis le lancement.
Dans une série de publications mercredi, Biden a affirmé que 300 millions de jetons détenus dans des portefeuilles associés à l’équipe de $LAPTOP « n’ont pas bougé depuis le lancement ». Il a également évoqué les opérations de négociation et de liquidité survenues immédiatement après le lancement du jeton, le 9 septembre, alléguant que les flux les plus rentables provenaient de deux teneurs de marché engagés par le projet.

Le représentant French Hill, président de la commission des services financiers de la Chambre des représentants des États-Unis, affirme que les autorités de régulation prennent des mesures pour encadrer les cryptomonnaies, mais estime que leur approche n’apportera pas la certitude à long terme que le Congrès pourrait garantir par une loi.
S’exprimant mercredi lors d’un entretien avec Fox Business, l’élu républicain de l’Arkansas a cité la Securities and Exchange Commission (SEC) et la Commodity Futures Trading Commission (CFTC) comme des agences ayant entamé l’élaboration de règles après l’échec au Sénat, le mois dernier, de la loi Digital Asset Market Clarity (CLARITY). Hill a déclaré que ces initiatives réglementaires étaient « en deçà » de ce qu’une réforme législative permanente pourrait accomplir, ajoutant qu’il gardait espoir de voir le texte adopté pendant la période dite de « lame duck » au Congrès.

Tether a signé un protocole d’accord avec la Banque nationale du Kazakhstan et l’autorité de la ville d’Alatau afin d’étudier la création d’un stablecoin indexé sur le tenge, ainsi que des projets plus vastes de tokenisation d’actifs du monde réel. L’accord porte principalement sur l’étude de la manière dont les stablecoins pourraient s’intégrer au système financier kazakh, tout en respectant les priorités publiques telles que la transparence et la protection des investisseurs.
Selon Tether, les parties étudieront les modèles internationaux d’émission de stablecoins, recenseront les cas d’utilisation potentiels et élaboreront une proposition de projet pilote pour un stablecoin adossé au tenge. Le protocole prévoit également des travaux sur un cadre de tokenisation des actifs : il s’agira d’abord de déterminer quels actifs pourraient être tokenisés, puis de planifier un projet pilote à Alatau susceptible d’utiliser la plateforme Hadron de Tether.

Le bitcoin a poursuivi sa baisse mercredi au début des échanges aux États-Unis, alors que de nouvelles informations géopolitiques sur le pétrole ont fait grimper le brut et que les actions américaines ont reculé après avoir atteint des niveaux records. Ce mouvement s’est accompagné d’une hausse des rendements des bons du Trésor, qui ont atteint de nouveaux sommets inégalés depuis plusieurs décennies — des conditions qui tendent à réduire la liquidité mondiale et à relever les taux d’actualisation des actifs risqués, y compris les cryptomonnaies.
Sur Bitstamp, le BTC est tombé à 82 734 $, son plus bas niveau atteint jusqu’ici en octobre, tandis que les investisseurs évaluaient le regain d’inquiétudes concernant le trafic maritime dans le détroit d’Ormuz. Le Brent a grimpé à 102 $ le baril et le brut WTI a atteint 91 $, à la suite de déclarations attribuées à un conseiller du commandant des Gardiens de la révolution iraniens, selon Reuters.

Les périodes les plus lucratives de création de richesse à Wall Street surviennent généralement avant même que les actions soient cotées en bourse, lorsque les entreprises sont encore privées et que les gains reviennent principalement aux initiés. Jeff Yan, PDG et cofondateur de Hyperliquid, a fait valoir que ce modèle « pré-cotation » exclut les investisseurs particuliers des premières plus-values et a déclaré que le système actuel n’était, en définitive, pas viable.
Lors d’une discussion au coin du feu organisée mardi à Token2049 Singapour, Yan a présenté l’attrait des contrats perpétuels on-chain et du trading décentralisé comme une voie vers un accès plus large à la création de richesse fondée sur la blockchain, plutôt que comme une stratégie visant à maximiser les revenus à court terme du protocole.

Les marchés prédictifs attirent de plus en plus l’attention des traders crypto, qui se montrent de plus en plus sceptiques face à la quête du « prochain token multiplié par 100 ». Prenant la parole cette semaine à Token2049 Singapour, Shayne Coplan, PDG de Polymarket, a averti qu’une grande partie du trading de cryptomonnaies ressemble encore à un cycle d’optimisme alimenté par la psychologie et les incitations à court terme, plutôt que par des fondamentaux durables.
Coplan a décrit certains aspects de la culture du trading comme un « jeu d’exubérance irrationnelle » et a comparé les rallyes à une dynamique de « patate chaude » : les cours peuvent grimper rapidement, mais finissent par retomber. Dans ce contexte, a-t-il estimé, les traders se concentrent souvent davantage sur le moment de sortir que sur la valeur à long terme, surtout lorsque le potentiel de hausse repose sur la découverte du prochain actif vedette.