MoneyGram Taps Fireblocks to Expand Stablecoin Use in Global Payments and Treasury Ops

The CoinDesk 20 index has reported a decline, with Hedera's native token HBAR falling by 3.9%. This downturn reflects a broader negative trend in the cryptocurrency market, where most assets are experiencing losses. The index's performance indicates ongoing volatility and investor caution in the crypto space.

XRP exchange-traded funds (ETFs) have extended their record inflow streak to 13 consecutive days, approaching the $1 billion milestone, reflecting a significant surge in institutional interest in the cryptocurrency. This trend indicates a growing confidence among investors in XRP's market potential.

MoneyGram has partnered with Fireblocks to integrate stablecoins into its global payment systems, aiming to enhance transaction speed, reliability, and cost-effectiveness. This collaboration represents a significant step towards modernizing payment infrastructures through cryptocurrency technology.

Solmate has announced its intention to acquire RockawayX in an all-stock deal, aiming to create a $2 billion powerhouse within the Solana ecosystem. This strategic move is expected to enhance Solmate's capabilities and market position within the rapidly evolving cryptocurrency landscape.

The cryptocurrency market is currently focused on Ether, with significant trading activity noted in Ether options, particularly $6,500 strike bets dominating the open interest on Deribit. This surge in interest reflects traders positioning themselves amid ongoing market volatility.

Malaysia has established an air and ground task force aimed at shutting down 14,000 Bitcoin (BTC) mining rigs, as reported by Bloomberg. This initiative reflects the government's ongoing efforts to regulate cryptocurrency mining activities within the country.

Solana's Drift has launched version 3 of its platform, significantly enhancing trading speed by offering trades that are ten times faster than previous versions. This upgrade is expected to improve user experience and attract more traders to the platform, reinforcing Solana's position in the competitive cryptocurrency market.

Axelar has introduced AgentFlux, a new platform designed to integrate artificial intelligence (AI) agents on blockchain networks, mitigating risks associated with cloud-based solutions. This innovation aims to enhance the security and efficiency of AI applications within the cryptocurrency ecosystem.