All currencies will be stablecoins by 2030: Tether co-founder

Tether is making waves in the US market by leveraging Rumble to promote its new USAT stablecoin. This move is significant as it not only expands Tether's influence in the cryptocurrency space but also introduces a new stablecoin that could provide more stability and options for investors. With the growing interest in digital currencies, Tether's initiative could reshape how people view and use stablecoins in everyday transactions.

Ripple has announced the launch of a new center at UC Berkeley focused on digital assets, marking a significant step in the integration of blockchain technology into academic research. This initiative aims to foster innovation and education in the rapidly evolving field of cryptocurrency, which is crucial as digital assets continue to gain traction in the global economy. By collaborating with one of the leading universities, Ripple is not only enhancing its commitment to the future of finance but also providing students and researchers with valuable resources to explore the potential of blockchain.

Coinbase is enhancing its decentralized exchange (DEX) capabilities through a collaboration with 1inch, a leading decentralized exchange aggregator. This partnership is significant as it aims to improve trading efficiency and user experience on the Coinbase platform, allowing users to access better prices and liquidity. As the cryptocurrency market continues to evolve, such innovations are crucial for attracting more users and fostering trust in decentralized finance.

Justin Sun made a notable appearance at TOKEN2049 in Singapore, where TRON DAO served as the Title Sponsor. This event, recognized as Asia's leading crypto gathering, showcased the potential of blockchain technology and decentralized applications. Sun's keynote highlighted the importance of community governance in the evolving Web3 landscape, making it a significant moment for both TRON and the broader crypto community.

Ethereum is making headlines again with the recent minting of $2 billion USDT, further solidifying its status as the leading blockchain for stablecoin transactions. This significant increase in USDT supply, now totaling $78.5 billion, highlights Ethereum's dominance in the crypto market, especially as it continues to outpace competitors like Tron. This development is crucial as it not only enhances liquidity but also signals growing confidence in Ethereum's ecosystem, making it an exciting time for investors and users alike.

The latest developments in the crypto space are exciting as traditional finance (TradFi) continues to embrace digital assets. Tether's significant fundraising efforts, the SEC's increasing focus on onchain stocks, and JPMorgan's expansion of its Kinexys platform highlight a growing trend where banks and biotechs are integrating real-world assets into the blockchain. This shift is important as it signals a broader acceptance of cryptocurrency in mainstream finance, potentially leading to more innovative financial products and services.

Cronos is making waves in the decentralized finance (DeFi) space by partnering with Crypto.com and Morpho to enhance lending and asset tokenization on its blockchain. This collaboration, announced on October 2, aims to provide users with more efficient and accessible financial services, which is crucial as the DeFi sector continues to grow. By integrating Morpho's onchain lending capabilities, Cronos is positioning itself as a key player in the evolving landscape of digital finance.

The launch of the DoubleZero protocol's mainnet-beta marks a significant advancement in dedicated crypto communication. By aiming to reduce blockchain's reliance on public internet infrastructure, it addresses critical speed constraints that have hindered the technology's growth. This development is important as it could enhance the efficiency and security of blockchain transactions, paving the way for broader adoption and innovation in the crypto space.

Bo Hines, the former executive director of the White House Crypto Council, is now leading Tether's new stablecoin project, USAT, under the recently passed GENIUS Act. This act is significant as it aims to regulate stablecoins and ensure that issuers maintain adequate reserves, which could enhance trust and stability in the cryptocurrency market. Hines believes this project is just the beginning of a larger movement towards a more regulated and secure digital currency landscape.

Spacecoin has made history by successfully executing the first blockchain transaction beyond Earth, demonstrating that cryptographic transactions can be validated via satellite radio without relying on terrestrial internet. This groundbreaking test, conducted from Punta Arenas, showcases the potential for space-based communication in the cryptocurrency realm, paving the way for future innovations in secure data transmission and expanding the possibilities for blockchain technology.

Shutter is making waves in the blockchain world by implementing threshold encryption to combat miner extractable value (MEV). This innovative approach not only enhances security but also addresses the challenges associated with MEV, making transactions fairer for users. As the crypto landscape evolves, Shutter's technology could set a new standard for protecting users' interests, highlighting the importance of security in digital transactions.

Tether has made headlines by purchasing a whopping 8,889 BTC for $1 billion, a move that has sparked excitement in the crypto community. This significant addition to their Bitcoin holdings, confirmed by CEO Paolo Ardoino, positions Tether as one of the largest BTC treasury companies. The transfer from Bitfinex's hot wallet to Tether's reserves not only showcases the company's confidence in Bitcoin but also highlights the growing interest in cryptocurrency investments. This development is crucial as it reflects the ongoing evolution and adoption of digital currencies.

Aptos has recently shown a significant bullish trend, breaking out of a descending triangle pattern and aiming for a potential 56% increase in value. This positive movement comes alongside new partnerships within its ecosystem, which could enhance its market position. As of October 3, Aptos was trading at $5.12, reflecting a 5% rise in just 24 hours and a remarkable 30% increase over the past week. This news is important for investors and enthusiasts as it signals growing confidence in Aptos and the broader cryptocurrency market.

A recent on-chain analysis reveals that the hacker who breached Coinbase has spent approximately $22.95 million in stolen USD Coin to purchase 100,000 Solana tokens. This marks the second significant acquisition of SOL by the hacker, raising concerns about the security of cryptocurrency exchanges and the potential for further illicit activities. The incident highlights the ongoing challenges in safeguarding digital assets and the need for enhanced security measures in the crypto space.

Recent data shows a remarkable surge in institutional demand for Bitcoin and Ether ETFs, with over $900 million in inflows. This trend highlights growing confidence among institutional investors in the cryptocurrency market, signaling a potential shift towards mainstream acceptance. As more institutions enter the space, it could lead to increased stability and legitimacy for digital assets, making this development significant for both investors and the broader financial landscape.

XLM, the cryptocurrency associated with Stellar, has recently broken through a significant descending trendline, indicating a potential bullish reversal. This movement is crucial as it suggests that XLM may be on the verge of gaining momentum, which could attract more investors and positively impact the broader cryptocurrency market.

This week, the price of PUMP, the native token of Pump.fun, surged by 32%, marking it as one of the top performers in the cryptocurrency market. Currently trading at $0.0069, PUMP has seen a 2.6% increase in just the last 24 hours. This significant rise is noteworthy as it reflects growing interest and confidence in the token, potentially attracting more investors and boosting the overall market sentiment.

Nomura's subsidiary, Laser Digital, is taking significant steps towards entering the cryptocurrency market by engaging in discussions with Japan's Financial Services Agency to secure a crypto asset trading license. This move is important as it highlights the growing acceptance of digital currencies in traditional finance, potentially paving the way for more institutional involvement in the crypto space.