Author: NBTC

Polygon is leading the stablecoin charts once again. JPYC, a stablecoin pegged to the Japanese yen, has just topped $100 million in total onchain payment value on the Polygon network, which is a significant milestone for stablecoin usage in Japan. This milestone was reached only eight months after the project’s initial take off and it represents a rapid increase in onchain adoption in the region. JPYC just crossed $100M in onchain payment volume.Polygon powers the rails for Japan’s stablecoin economy 🇯🇵 pic.twitter.com/NpH9qzm8kX — Polygon | POL (@0xPolygon) April 24, 2026 Polygon confirmed the achievement in a recent announcement, emphasising its…

The KRWQ stablecoin adoption of Chainlink’s oracle technology marks a quiet but significant turning point for the Korean won’s presence in onchain finance. Announced on June 16, 2026, from Seoul, the integration positions KRWQ as the first Korean won-backed stablecoin to use Chainlink Proof of Reserve for fully automated reserve verification — a move that speaks directly to the trust problem that has long shadowed fiat-backed digital assets. Key takeaways KRWQ, developed by IQ and Frax, is the world’s largest Korean won stablecoin, built on the Solana blockchain. KRWQ is the first Korean won-backed stablecoin to use Chainlink Proof of…

After several failed attempts to rally above $82,200 over the past seven days, Bitcoin ($BTC) price fell below its psychological support level around $80,000 on May 13, amid low demand in the United States. Bitcoin price has dropped nearly 3% over the past 7 days, trading at about $79,340 at press time. The flagship coin lost more than $2,176 per coin on Wednesday, hitting its lowest level in seven days. $BTC/USD 7-day chart. Source: Finbold Amid increased volatility in the past 24 hours, over $91.5 million was liquidated, with more than $77.5 million involving long traders, according to metrics from…

Charles Schwab announced this week that it will begin selling Bitcoin and Ethereum directly to its 39 million brokerage clients. They will appear in the same account view as stocks, ETFs, and retirement funds, in the same app, under the same brand, one click from the S&P 500 index fund a customer bought for their IRA. What makes that arrangement so consequential is that the assets will arrive in one of the most familiar and trusted environments in American finance, while carrying a very different set of protections from what customers are used to seeing there. Schwab’s own disclosures say…

$XRP is seeing increased demand amid the broad crypto market resurgence, causing it to achieve one of the largest outflows seen so far this year. Onchain analytics platform Santiment has recently provided data revealing that a massive increase in $XRP outflows is signaling increased buying activity among traders. $XRP sees 6th largest outflow of the year The data reveals that a total of about 34.9 million $XRP flowed out of exchanges within the last day amid the growing demand for $XRP. The massive single-day outflow has caught the attention of market watchers as it marks the sixth-largest daily outflow so…

As governments push forward with digital identity initiatives and stricter compliance requirements, one challenge remains largely unsolved: how do you prove someone was physically present at a specific place and time without sacrificing privacy? The Hashgraph Group and Truesense believe they have an answer. The two companies announced they have jointly filed a European patent application for what they call Continuous Identity Trust Infrastructure (CITI), a new framework designed to connect real-world physical presence with decentralized digital identity credentials. The patent application was submitted to the European Patent Office in April and covers more than 44 European jurisdictions. A separate…

Bitcoin just fell below $80,000 as a hotter-than-expected US inflation print pushed crypto and equities lower. $BTC price slipped from the low $81,000 area into $79,706, with the session low marked near $79,557. The break turned $80,000 from a round-number reference into the first tactical line for intraday structure. Bitcoin price decline alongside rising US Treasury yields, oil prices, and US dollar index The move followed the April US Producer Price Index. Final demand PPI rose 1.4% month over month, far above the 0.5% consensus and the prior 0.7% reading. The annual rate accelerated to 6.0% from 4.3%, above the…

European Union foreign ministers agreed Monday to impose new sanctions on violent Israeli settlers in the occupied West Bank and leading Hamas figures, ending months of deadlock inside the bloc. The package targets three Israeli settlers and four settler organizations, though their identities have not yet been publicly disclosed. EU foreign policy chief Kaja Kallas said the decision followed rising concern among European governments over reports of settler violence against Palestinians in the West Bank. Kallas said it was time for the EU to move from deadlock to delivery, adding that extremism and violence carry consequences. The sanctions had been…

Stablecoins have spent years promising faster, cheaper, and more efficient payments. The challenge has never been the concept. It has been the infrastructure. While blockchain networks can handle impressive transaction volumes under normal conditions, many still struggle with unpredictable fees and performance bottlenecks when demand spikes. For businesses processing payroll, remittances, cross-border transfers, or B2B payments, that uncertainty creates a problem that finance teams simply cannot accept. Polygon believes it has solved it. The company announced that Polygon Chain, the settlement layer powering its Open Money Stack, can now process up to 5,000 payment transactions per second following a network…

BlackRock Inc. (NYSE: BLK) accelerated its Bitcoin ($BTC) and Ethereum ($ETH) sell-off on May 13 amid rising risk of crypto capitulation. BlackRock deposited 861 $BTC, worth approximately $69.59 million, to Coinbase Prime on Wednesday, according to on-chain data from Arkham Intelligence. Additionally, the management firm sent 44,691 $ETH, valued at around $103.15 million, to Coinbase Prime. On-chain analysis for BlackRock’s $BTC and $ETH. Source: Arkham Intelligence As such, BlackRock dumped $172.68 million in crypto assets, thereby signaling a rising institutional shift. Furthermore, BlackRock’s iShares Bitcoin Trust (IBIT) has now recorded 5 consecutive days of cash outflows totaling $235.21 million, bringing…