US Bancorp selects Stellar chain for stablecoin pilot

Stellar's token has surged by 2.3%, breaking through the critical resistance level of $0.2460, driven by increased institutional flows and a notable rise in trading volume. This movement indicates a significant accumulation trend above the seven-day average, suggesting a potential shift in market dynamics.

Texas has made history by becoming the first U.S. state to invest $10 million in Bitcoin for its treasury reserve, utilizing BlackRock's Spot Bitcoin ETF. This strategic move was executed on November 25, 2025, marking a significant step in the state's engagement with cryptocurrency.

Anchorage Digital is developing a model compliant with the GENIUS Act to enable reward structures for Ethena's stablecoins, addressing the regulatory landscape surrounding interest payments on such digital assets. This initiative aims to create a compliant framework that aligns with U.S. regulations while offering yield-like rewards on Ethena tokens.

Kraken has launched the Kraken Mastercard debit app in the UK and EU, facilitating real-time multi-asset crypto payments, which represents a significant step in integrating cryptocurrency into everyday transactions.

MoonPay has secured a trust charter from the New York Department of Financial Services (NYDFS), allowing it to expand its cryptocurrency services in New York. This approval complements its existing BitLicense, enabling the firm to legally custody assets and offer over-the-counter trading services.

Polymarket has received approval from the Commodity Futures Trading Commission (CFTC) to launch regulated prediction markets in the United States, marking a significant milestone for the platform's operations. This approval allows Polymarket to operate under full regulatory compliance, enhancing its legitimacy in the cryptocurrency sector.

Paxos has acquired Fordefi, a crypto wallet provider, for over $100 million, a move that enhances its infrastructure in the blockchain sector. This acquisition is aimed at strengthening secure and compliant services for institutional clients, particularly in the areas of custody and on-chain asset management.

Russia's Finance Ministry is considering simplifying the requirements for crypto investors, which may lead to increased participation in the cryptocurrency market and indicates a shift towards a more open regulatory stance on digital assets.