⚡ Tether and Fasanara Capital have committed $400M to StableFund, a new private credit fund
Fasanara will deploy capital through its fintech lending network across 60+ countries, while Tether sources $USDT-linked financing and provides settlement infrastructure.
The fund also plans to raise up to $3 billion more from institutional investors.
⚡ Crypto News Digest: Key Updates You Need to Know
The current report features updates of Strategy, Robinhood, Circle, Pons, Bitmine, Four meme, Ethereum, Useless, Chainlink, Bitget, MoonPay, and Strive.
Strategy made no bitcoin purchases or sales last week, holding steady at 845,050 $BTC and instead repurchased $176.3 million of $STRC preferred shares while doubling its digital credit securities buyback program to $2 billion.
⚡ Circle to Acquire Cross-Border Payments Firm Tazapay
Circle, the issuer of the world’s second-largest stablecoin $USDC, has agreed to acquire Tazapay, a Singapore-based cross-border payments platform serving 100+ markets, with over 60% of its volume running on stablecoins.
⚡ Crypto News Digest: Key Updates You Need to Know
The current report features updates of Ethereum, Jupiter, Binance, PancakeSwap, Avalanche, Canopy, Liquid Network, Flap, Harmony, Ondo Finance, and Router Protocol.
Hunter Biden, the former president's son, is launching the $LAPTOP meme coin on Base aimed at President Trump, with the token set to debut on September 9th, according to WSJ.
The tokenomics include a 20% allocation for investors who took losses on $TRUMP, + a plan to burn up to 30% of supply if Democrats win the 2028 presidential election.
Plasma led blockchain growth in crypto card volume, up 49.9% MoM to $71.1M, while Tron remained the largest chain by volume at $262M despite a 15.6% drop.
Total value across chains is up 81.3% since February, led by RedotPay at $464M.
Robinhood's momentum shows across two fronts, $130.8M from its own issuer stack plus $104.4M on Robinhood Chain.
Reality by Bitget has carved out $166.2M, more than either Robinhood entity alone. Binance bStocks keeps climbing too, now $658.4M and 21.7% of the market, trailing only Ondo Finance.
BNB Chain kicked off a multi-week meme campaign for bStocks-paired tokens, with Week 1's $400,000 airdrop pool distributed based on a HODLer Index through 12 September.
⚡ Crypto News Digest: Key Updates You Need to Know
The current report features updates of Polymarket, Revolut, SoFi, Nvidia, Hyperliquid, Ethena, Ondo Finance, Chainlink, Bitget, LayerZero, Injective, and Kraken.
Polymarket has launched Perpetuals trading with up to 20x leverage across crypto, stocks and commodities, letting users go long BTC or short major market moves.