Aug 20: Crossroads of Trust: Stablecoins, Treasuries, and the Future of Crypto

AUG 20 HeadlinesTether minted another $1B USDT on Ethereum, fueling questions about stability.Pump.fun surges past $800M revenue while Bonk.fun collapses, showing Solana memecoin momentum shifts.Public companies and funds now hold over 2% of ETH supply, with SharpLink, BlackRock, and others ramping up accumulation.Fed Governor Michelle Bowman says the U.S. is at a “crossroads” on whether to lead or lag in blockchain innovation.Binance’s new Plasma USDT product filled its $250M cap in 20 minutes, offering yield plus XPL airdrops.Little BitsMonad Trading Cards: 5K CT users got drops, with peer nominations driving recognition.1Kosmos: Cybersecurity startup raised $57M Series B + $10M credit line, building passwordless ID verification.Across Protocol: Launched single-step native bridging between Ethereum and Solana, aiming to reduce 13% drop-off from clunky multi-step bridging.WHERE TO FIND DCNdailycryptonews.nethttps://twitter.com/DCNDailyCryptoEMAIL or FOLLOW the HostEmail: [email protected]*****Magic Newton Wallethttps://magic.linkTrader Cobb X: @TraderCobbhttps://www.thegrowmeco.com/Editing Serviceshttps://www.contentbuck.com——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! Hosted on Acast. See acast.com/privacy for more information.