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STBL.com, the next-generation stablecoin protocol, has announced a strategic partnership with Ondo Finance, a blockchain technology company, as per details shared with Finbold.  The collaboration designates USDY, Ondo’s tokenized yield-bearing asset backed by short-term U.S. Treasuries and bank deposits, as primary collateral within STBL’s reserve structure, unlocking up to $50 million in USST minting capacity. “Stablecoin design has to catch up with reality: the world is moving to tokenized reserves,” said Dr. Avtar Sehra, Co-Founder and CEO of STBL, “Our stable asset and reserve framework is built for this new paradigm – multi-tier, overcollateralized, and engineered to keep a tight peg and enable use of a variety of institutional-grade assets on-chain. Ondo’s USDY brings the right ingredients – quality collateral, clear governance, and strong controls – so USST can scale utility without diluting stability.” Partnership brings tokenized T-bill yiel...

Citigroup has invested in stablecoin infrastructure provider BVNK through Citi Ventures, just months after warning that the cryptos could drain deposits from traditional banks BVNK’s platform serves as an onramp and offramp for customers to move money between fiat and crypto. It is also backed by US crypto exchange Coinbase and fund manager Tiger Global Management. The investment underscores TradFi’s shift from caution to participation in the stablecoin ecosystem after the US GENIUS Act provided regulatory clarity over their status. BVNK Valuation Exceeds $750 Million After Citi Investment T he company has declined to disclose the amount Citi invested or at what valuation. But co-founder Chris Harmse recently confirmed that the investment has pushed its valuation well above the $750 million that was disclosed at its latest funding round. BVNK currently finds itself in a competitive market alongside newcomers such as Alchemy Pay, TripleA and even the well established Rip...

BNY Mellon‘s tokenized deposits are being explored right now to enable clients to make payments using blockchain technology. The bank actually handles roughly $2.5 trillion worth of payments daily and is working on this initiative to modernize infrastructure, including scaling real-time, instant, and even cross-border payments. BNY Mellon Tokenized Deposits BNY Mellon tokenized deposits are essentially digital coins that are transferable and represent a deposit claim against a commercial bank. These tokens represent digital versions of deposits that customers hold in their accounts. As blockchain rails process transactions using these coins, settlement happens instantaneously. Carl Slabicki, executive platform owner for Treasury Services at BNY, stated: “Tokenized deposits could help banks overcome legacy technology constraints, making it easier to move deposits and payments across their own ecosystems – and eventually, across the broader market as standards mature.” R...

The cryptocurrency market is flourishing at its own pace, leveraging the dollar-down phenomenon to ascend and surge high. With the US economic stats exploring new lows as the US government shutdown and dollar depreciation take over, the sector of metals and crypto has been prospering due to increased investor sentiment, with Bitcoin claiming a new ATH of $126K. That being said, Binance coin (BNB) has been performing extremely well lately, hitting $1300 as its new ATH. How close is BNB from truly hitting $1500? Let’s find out. Also Read: Binance’s BNB Coin Overtakes XRP and USDT Market Cap Binance Coin Is Surging High Source: Binance Binance Coin is the latest market performer, doing extremely well in terms of price and value. BNB is now emerging as a breakout asset and has recently hit a new ATH of $1300. Per CoinMarketCap, Binance coin has slowed down its pace a little at press time, sitting at $1285, up 27% in the last 7 days. The token has also documented an uptick of 46% in th...

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Michael Saylor’s Strategy (MSTR) saw its stock climb on Monday amid an ongoing Bitcoin BTC rally. The cryptocurrency hit $125,000 for the first time on Sunday, and is trading at $124,000 today, leading a crypto market rally. Crypto-based US stocks are all rising on today’s market, with MSTR being one of the most recognizable due to its large BTC holdings and investments. Although it’s paused on the latter this week, the company announced an unrealized gain of $3.89 billion on its digital assets in Q3 2025, along with a deferred tax expense of $1.12 billion. Strategy has more than $74 billion in bitcoin and more than $27 billion in unrealized gains. Last week, the company also rose by over $8B in market capitalization. The US Treasury and IRS waived the company of a multi-billion dollar tax bill on its BTC holdings, which saved the company billions in potential tax liabilities. Now, with the crypto market rallying, Strategy and other crypto stock giants are climbing as ...

Will Shiba Inu survive the recent security breach that drained up to $4.1 million from its network? Right now, after the September 2025 exploit, a lot of investors are wondering about this. According to Lucie, Shiba Inu’s marketing lead, the answer is yes. The team is implementing stronger security measures, and the network has already processed over a billion transactions with hundreds of millions of wallets onboarded. Community support also remains strong, which positions Shibarium for recovery despite the setback. Also Read: Shiba Inu New ATH in 2025? Analyst Sparks Bold SHIB Price Prediction Shiba Inu’s Security Response After the Exploit The question of will Shiba Inu survive has been raised repeatedly since September 12, 2025, when attackers exploited the network. A flash loan attack was used to manipulate validators, and between $2.3 and $4.1 million was drained from the system. Bridge operations were forced to halt, and ecosystem tokens dropped in value as a result. ...

Hopes for a landmark October rollout of spot cryptocurrency exchange-traded funds (ETFs) have been dealt a major setback, with altcoins including XRP caught in regulatory gridlock. The delay stems from a combination of procedural changes at the Securities Exchange Commission (SEC) and the ongoing U.S. government shutdown.  In the days leading up to the shutdown, the SEC approved generic listing standards that eliminate the need for case-by-case 19b-4 filings.  In this case, exchanges were instructed to withdraw their pending applications under the old system, paving the way for a more streamlined framework that would speed up approvals once operations resumed. Stalled ETF momentum  For now, however, cryptocurrency journalist Eleanor Terrett noted that the shutdown has stalled that momentum.  With large portions of the SEC’s workforce furloughed, the agency is limited to handling fraud cases and emergencies, leaving routine but essential proces...

Billionaire hedge fund manager Ray Dalio says he is skeptical as to whether central banks will consider holding Bitcoin (BTC) as a reserve currency, citing privacy concerns. That’s as the largest crypto by market cap nears its all-time high (ATH) of $124,457.12 after breaking above the $120K barrier in the last 24 hours, according to data from CoinMarketCap . BTC price chart (Source: CoinMarketCap) Bitcoin Blockchain Is Too Public For Central Banks, Argues Dalio Dalio took to X and shared a clip of an interview he had on the Master Investor Podcast, in which he weighed in on what role Bitcoin could have in the global financial system. “I doubt that any central bank will take it on as a reserve currency,” he said.  Dalio then said that the Bitcoin blockchain is too public for central banks, who might want to keep their transactions private.  He added that there is also the risk that Bitcoin’s source code will be altered in some way in the fut...

October, historically one of the strongest months for Bitcoin (BTC) has already got off to a flyer in what many in the crypto industry label ‘Uptober’. Trading at around $119,810 at press time, the world’s largest cryptocurrency is up over 2% on the daily and more than 7% on the weekly chart. The daily trading volume is also picking up, sitting at roughly $67.86 billion after a 2.2% uptick, while the total market cap is back to $2.38 trillion following a 1.83% increase over the past 24 hours. BTC price. Source: Finbold In other words, the flagship digital asset has climbed to its highest level in over two months, just as the U.S. government officially shut down earlier this week. Bitcoin price prediction October 2025 Given the month’s reputation as one of the strongest trading months, and since the asset is already climbing toward the $120,000 psychological threshold, Finbold consulted its AI Signals machine learning tool that integrates large language mode...