Author: NBTC

Crypto exchange OKX said it is offering 4.1% yields on USDG in weekly payouts, without staking lockups. OKX is responding to intensifying competition for stablecoin dominance, it said in an emailed announcement on Tuesday. USDG is minted by stablecoin issuer Paxos and is backed 1:1 by U.S. dollars. OKX joined the Global Dollar Network in July, and now brings USDG to onshore and offshore users, pitching it as a “dollar that pays you back” during quiet markets or when traders park idle funds. Yield has become the key battleground in stablecoins, with fiat-backed options such as USDC and USDG competing…

Pravica CEO Mohamed Abdou highlights Egypt’s evolving blockchain stance, praising a shift from skepticism to curiosity. High-Level Participants Discuss Practical Use Cases The recent closed-door forum on blockchain utility in Egypt marks a potential turning point in policy and underscores the power of open dialogue in building trust, according to Mohamed Abdou, founder and CEO of Pravica. Abdou noted that Egypt’s shift from a narrow focus on blockchain’s risks to “a sophisticated curiosity” about its broader applications validates the “education first” strategy embraced by industry leaders. Abdou’s remarks came shortly after he and Tony Amer, CEO of Emurgo Labs, participated…

Belarusians can now shop on Russia’s leading e-commerce platform, Wildberries, using cryptocurrencies like Bitcoin, Ethereum and Tether. The feature meets legal requirements for such transactions in Belarus, which is updating its regulations in order to facilitate crypto payments for its citizens. Wildberries accepts cryptocurrencies in Belarus Russian online retail giant Wildberries is piloting cryptocurrency payments for its Belarusian customers, media reports revealed this week. The popular platform’s Belarusian website allows users to pay for their orders using electronic certificates which can be bought with a number of major coins. These are purchased through Whitebird, the first licensed crypto trading venue…

Trust Wallet has introduced Trust Moon, a Web3 accelerator program backed by major partners including Binance, Polygon, Moonpay, and AWS. The initiative provides distribution, funding, and ecosystem access to builders, while giving Trust Wallet users and TWT holders early access to new projects and rewards. Trust Moon: Trust Wallet’s New Accelerator Connects Builders to Over 200 Million Users Trust Wallet, the self-custody wallet with over 210 million users across over 100 blockchains, has announced Trust Moon, its new Web3 accelerator designed to help projects launch and scale with unmatched distribution and ecosystem support. Backed by partners including Binance, YZi Labs,…

Fidelity Investments has rolled out its tokenized money market fund on the Ethereum ETH$4,353.20 blockchain, marking the Boston-based investment management giant’s entrance in the rapidly growing tokenized asset field. Some $202 million in Fidelity Digital Interest Tokens (FDIT) were minted blockchain in early September, blockchain data on Etherscan shows. FBIT is the token representation of the Fidelity Treasury Digital Fund (FYOXX), the on-chain share class of the Fidelity Treasury Digital Fund (FYHXX), which seeks to provide yield to investors by holding U.S. Treasury bills. The asset manager first unveiled the facility in March in a regulatory filing with the U.S.…

Nasdaq-listed Fold (FLD) said it was teaming up with Stripe and Visa (V) to launch its first bitcoin-only rewards credit card, giving users a simple way to stack sats on everyday purchases. The Fold Bitcoin Credit Card will run on Visa’s network and use Stripe Issuing’s infrastructure, the company said in the Tuesday press release. Fold shares were 10% lower at publication time, trading $3.49. Cardholders will earn 2% back in bitcoin instantly, with an extra 1.5% boost available when paying off purchases via a Fold Checking Account with qualified activity. Fold says shoppers can also earn up to 10%…

Circle is exploring refund-style payments for USDC on its Arc blockchain to help institutions handle disputes. The plan mixes blockchain speed with some of the protections people expect from regular banks. Summary Circle is testing a way to let some USDC payments be reversed in cases of fraud or dispute. The move is aimed at banks and institutions using its Arc blockchain and could make stablecoins feel more like regular money. Critics note Circle is trying to solve problems it created itself. Stablecoin giant Circle is thinking about letting some USD Coin (USDC) payments be reversed on its Arc blockchain…

Zeus Network has launched BitcoinKit, a new set of developer tools designed to make Bitcoin usable inside Solana’s defi ecosystem. The release was announced during the project’s Epoch 10 update, part of its ongoing effort to bring more Bitcoin liquidity onto Solana without relying on custodians or wrapped tokens. Zeus functions as a link between the Bitcoin and Solana blockchains. Through its system, users can lock Bitcoin on its native network and receive an equivalent token, called zBTC, on Solana. This design aims to let developers and traders use Bitcoin in DeFi applications while keeping the underlying asset secured on…

US President Donald Trump recently penalized India by imposing a 50% tariff on goods imported from the Asian country. Trump took this harsh stance following allegations that India purchased oil from Russia, indirectly funding the war against Ukraine. That move appears to be shaking the foundations of the Indian economy, including the IT sector, considering that 60% of India’s IT revenue comes from the US. Trump’s actions pose a threat to the 🇮🇳IT industry. 60% of the Indian IT industry’s revenue comes from the 🇺🇸.This threat is real, but it can be mitigated through the use of the crypto industry.How…

KuCoin has partnered with e-commerce platform Refillarena to allow users to spend their crypto holdings on everyday essentials like mobile recharges, eSims, and gift cards for popular brands like Netflix and Xbox via KuCoin Pay. Summary KuCoin Pay has been integrated with Refillarena to allow users to make crypto payments for gift cards, eSIMs, and mobile top-ups. A limited-time discount is available on select Refillarena purchases when using KuCoin Pay. According to a Sep. 23 announcement, KuCoin Pay, which is the crypto exchange’s merchant payment solution, is now integrated with Refillarena’s global digital catalog. As such, KuCoin users can now…