Securitize CEO Carlos Domingo has declared that native tokenization is the only authentic way to represent securities on a blockchain.
Speaking to the media, Domingo said that anything less than native tokenization risks confusing investors and weakening the promise of blockchain technology.
There’s no true on-chain model for securities today—most are confined to walled gardens, Domingo argued in a recent interview. In contrast, native tokenization builds, issues, and records securities directly on the blockchain, with no intermediaries or replicas of traditional assets involved.
Exodus, a crypto software company, is one such example, with its stock trading on the Securitize platform as tokens, for one thing. Investors have a blockchain-based token that is legally the share itself. This would remove counterparty risks, operational friction, and fragmentation, common when a record of value is stored off-chain and on-chain do not tally, Domingo continued.
He also cited BlackRock’s Institutional Digital Liquidity Fund (BUIDL), a $2.8 billion money market fund, as an example of how native tokenization can be done at scale. Rather than using a traditional fund with centralized databases and third-party custodians, Securitize acts as the fund’s on-chain transfer agent, keeping the share register for all shares on its cap table on Ethereum.
Regulators caution against synthetic token offerings
Amid the scramble in tokenization, US regulators grow increasingly weary of how securities are being redesigned on-chain, especially when the technology ostentatiously obscures legal responsibilities.
This week, SEC Commissioner Hester Peirce released a statement reminding the industry and retail investors that tokenized assets are still subject to securities laws. She cautioned that blockchain’s technological properties do not alchemically alter the legal nature of an asset.
“As powerful as blockchain technology is, it does not have magical abilities to transform the nature of the underlying asset,” she wrote. “Tokenized securities are still securities.”
Her remarks come at a time of mounting anxiety that forays by non-native token models, including those recently launched by Robinhood and Kraken, are misguided.
Robinhood’s tokens debuted last month on Ethereum’s Arbitrum network and don’t correspond to direct ownership in stocks like OpenAI or Tesla. Instead, they provide “indirect exposure” to private companies via tokenized contracts. The tokens are not tradeable off the platform, are unavailable to US customers, and are subject to full KYC (Know Your Customer) checks.
Kraken has gone a different direction. It’s xStocks, which are released through the Switzerland-headquartered company Backed, are permissionless and can be traded on decentralized exchanges. But US investors remain locked out again, underscoring the tough compliance maze.
Lawyers such as Anthony Tu-Sekine, head of the blockchain group at law firm Seward & Kissel, pointed out that the legal boundaries remain clear despite technological developments.
Tokenization is the future, but it’s time to learn some hard lessons
Interest in the concept of tokenization has spiked this year as platforms race to bridge the world of traditional finance and that of crypto. However, previous experiments demonstrate that shortcuts or vague models can backfire.
Crypto exchange giants such as Binance and one-time FTX have attempted to launch tokenized stock products in recent years. Such offerings were never realized due to regulatory implications.
Abra, a digital asset platform, launched tokens based on contracts attached to US stocks and ETFs in 2019. However, after the SEC and the CFTC opened an inquiry, the company stopped the program and agreed to pay $150,000 in penalties to each organization for selling unregistered securities and breaking laws governing derivatives.
Still, regulators have been more open lately. In May, the SEC held a roundtable on tokenization that gathered a range of voices from the crypto and financial sectors.
SEC Commissioner Mark Uyeda said the session was part of an effort to understand the evolving market better. He noted that, in recent history, people seemed to have forgotten one of the most basic principles—that investors and issuers possess valuable perspectives and experiences.
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Apple Inc. is under growing pressure to consider changing leadership as its artificial intelligence (AI) efforts lag behind rivals.
Analysts at LightShed Partners have openly urged the company to replace CEO Tim Cook, warning that Apple risks falling behind in a rapidly evolving tech landscape.
Apple should “absolutely” replace CEO Tim Cook with a more forward-thinking new leader, one analyst told a news outlet Wednesday. “Apple now needs a product-focused CEO, not one centered on logistics,” wrote the analysts Walter Piecyk and Joe Galone.
The call for changes is occurring in a period of transition. The company said Jeff Williams, Apple’s longtime chief operating officer, would leave the firm this month. Williams was widely considered to be in the running to succeed Cook, and his departure is thought to pave the way to a major shake-up in the brand’s leadership. Sabih Khan, who has been with Apple for 30 years, is the company veteran who will replace William.
With Williams on his way out, the focus is already shifting on John Ternus (Apple’s Senior Vice President of Hardware Engineering), who may emerge as the top internal candidate to replace Cook. Ternus has been leading the development of Apple’s key products, such as the iPhone, iPad, and Mac.
AI failures damage Apple’s market position
Apple’s slow adoption of generative AI has not escaped investors’ notice or the wider tech ecosystem. Unlike Microsoft and Google, which have moved aggressively to push AI-based tools and alliances, Apple has made only slight past forays. But that silence is starting to come at a cost for the company.
In 2025, Apple stock fell 16%, versus increases of 25% in shares of AI-forward companies including Meta Platforms Inc. and Microsoft Corp. And Apple’s stock market performance is a reflection of investors’ jitters that the company is failing to keep up in a sector that is already revolutionizing industries from software to hardware and beyond.
Start-ups are wading in too, releasing hardware and software that is directly competitive with Apple’s once unassailable ecosystem. Consumers are also increasingly drawn to AI-enabled devices, which learn, predict, and adjust. At this rate, if Apple doesn’t have a good comeback ready soon, it’s going to see its market share and cultural influence start to wane.
Apple revealed a handful of features called “Apple Intelligence” at its Worldwide Developers Conference in 2024. Still, analysts say the update was more evolutionary than revolutionary regarding AI features, which could not be said about what rivals offered.
Cook’s legacy faces a new AI reality
The performance of Tim Cook, as CEO, is nothing less than historic. Under Mr. Cook’s watch since 2011, Apple’s stock has risen more than 1,400 percent, far outpacing the broader S&P 500, which has climbed roughly 430 percent over the same period. During his tenure, Apple was the first company to reach a $3 trillion market capitalization and added new devices and services to its product lineup.
Cook has also steered Apple through multiple international crises, including COVID-19 and global supply chain problems. He was able to keep the ship running and growing, which made him a trusted figure on Wall Street and in Silicon Valley.
But for some analysts, that legacy alone doesn’t justify keeping things as they are. Piecyk and Galone acknowledged that Tim Cook was the right CEO when he took over and credited him for doing an exceptional job. However, they argued that the current era demands new leadership—someone who can drive the bold product innovation that originally made Apple a global leader. They noted that with Jeff Williams stepping down, the moment calls for more disruptive change, not less.
The push for Cook to leave hasn’t reached the point where it’s a common demand of investors or among directors, and there’s no sign the CEO intends to abandon the ship himself. However, the note from LightShed is one of an increasing number chastising Apple’s direction in the era of accelerated progress in the field of AI.
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As Dogecoin makes the latest news as bulls defend the $0.15 support level, attention is shifting toward Mutuum Finance (MUTM), which is sweeping across the crypto market. The 5th presale stage of Mutuum Finance is over 60% sold out already. The project has raised more than $11.8 million and acquired 12,700 investors.
Mutuum Finance has an estimated ROI of 17,820% according to early predictions. This means that it may reach a price of up to $10.7 after its launch. With investors going on a search of the best crypto to invest in now, Mutuum Finance is gaining serious grounds as one of the standout cryptos to invest in.
Dogecoin Holds Strong at $0.17 as Bulls Keep Momentum Alive
Dogecoin (DOGE) has already recovered, losing momentum and price action around the support point of $0.15 and now is trading around $0.17. Although the market volatility has hit DOGE recently, the cryptocurrency has not been mired down by it and the current movement is bullish which could lead to an upcoming short-term rally.
Nevertheless, should the price fall below the $0.15 mark then the support can be sought at the price around the $0.13 mark. Mutuum Finance is a newer utility-oriented project that some investors are considering as they seek the next breakout project in that regard, as Dogecoin takes advantage of the community energy.
Mutuum Finance Presale Phase 5 Now Over 60% Filled
Mutuum Finance presale Phase 5 is underway and gaining strong momentum. Already over 12,700 investors have come aboard the project and raised $11.8 million, which is testimony to its growing hype. With Phase 5 having crossed the 60% mark, price increases are imminent. Buying now guarantees investors the lowest possible price for maximum ROI when the token goes live.
Mutuum Finance Launches 50,000 Bug Bounty
Mutuum Finance in its focus on security and transparency has even initiated its official Bug Bounty Program in collaboration with CertiK with a reward value of 50,000 USDT. The reward is given in four categories, critical, major, minor and low where there is coverage and reward for all types of vulnerabilities. This is another aspect that reflects the proactive approach of Mutuum Finance towards establishment of trust in the form of strong infrastructure and beneficial security.
The Mutuum Finance $100,000 Giveaway
The project has already been audited by CertiK and is leading towards the realization of the huge adoption and those who buy right now will benefit most in the future. On top of that, the platform is hosting an amazing $100,000 giveaway, where 10 lucky people will receive $10 000 each.
Dogecoin is maintaining its position above the 0.15 mark and building toward breakout past $0.20. Having exceeded 12,700+ investors with the raise at more than $11.8 million, and Phase 5 now already over 60% sold out, the numbers speak of themselves.
With a CertiK security audit, a massive $50k bug bounty, and a strong dual lending paradigm Mutuum Finance is not only promising, it is delivering.
Early investors will be looking forward to an estimated 17,820% ROI with the price reaching $10.70. With a dynamic $100,000 giveaway now is the moment to join in. Buy MUTM tokens now before the next lift-off and before the end of Phase 5.
For more information about Mutuum Finance (MUTM) visit the links below
The White House announced new sanctions against Iran’s oil network on Thursday, piling more pressure on Tehran’s economy as President Trump pushes forward with his maximum pressure policy.
The penalties, confirmed by the Treasury and State departments, target dozens of companies and tankers accused of secretly helping Iran sell billions in oil under fake identities.
According to Bloomberg, the Treasury Department sanctioned a group of businesses that allegedly moved large volumes of crude by disguising Iranian oil as Iraqi. These shipments were sold to buyers in the West using falsified paperwork.
One of the names listed is Salim Ahmed Said, a dual Iraqi-British national. Said owns several firms accused of coordinating the transport and sale of Iran’s oil while hiding its true source. The Treasury said some of the proceeds went to Iran’s Islamic Revolutionary Guard Corps-Qods Force, a group the US has labeled a terrorist organization.
Treasury cracks down as Trump signals future relief
The State Department added six companies to its list, including four tankers involved in loading Iranian oil and hiding its origin. Officials say these vessels switched off their tracking systems, took cargo at sea, and masked documents to sneak past restrictions.
Scott Bessent, who now heads the Treasury, said, “Treasury will continue to target Tehran’s revenue sources and intensify economic pressure to disrupt the regime’s access to the financial resources that fuel its destabilizing activities.”
Despite the crackdowns, Iran’s oil still flows. Their output hasn’t dropped, and China remains a major buyer. While Trump hasn’t lifted the sanctions, he hinted at the possibility. After the recent US airstrikes on Iran’s nuclear facilities, attacks he claimed had “totally obliterated” the program, he said China could keep buying oil and left the door open for broader relief “if they can be peaceful.” He also went after Iran’s Supreme Leader in the same breath, showing no clear change in tone but floating a vague offer.
Trump signs law to boost oil and kill solar and wind subsidies
At the same time, Trump signed the One Big Beautiful Bill Act into law, ending decades of federal support for solar and wind energy. The House passed the bill Thursday, just before Trump’s deadline, with the Senate having approved it earlier in the week.
Trump has made it clear he wants fossil fuels front and center. Last weekend, in an interview with Fox News, he said, “I don’t want windmills destroying our place. I don’t want these solar things where they go for miles and they cover up a half a mountain that are ugly as hell.”
The law eliminates the clean electricity investment and production tax credits for wind and solar farms. These credits were key to the industry’s growth, active since 2005 and 1992, respectively.
Trump’s new rules cut off those benefits starting in 2027, unless a project starts construction within 12 months of the law’s passage. A related credit for using US-made parts in solar and wind projects also ends after 2027, unless those projects begin soon.
Meanwhile, oil, gas, coal, and nuclear are the clear winners. Trump’s law opens more federal land and waters for drilling, including 30 lease sales in the Gulf of Mexico over the next 15 years. Another 30 sales per year are mandated across nine US states, plus expanded access to Alaska. The law also lowers the royalties that energy firms pay the government when producing on federal property, encouraging even more output.
The law also boosts carbon capture credits. Oil producers now get more money for injecting carbon emissions into the ground to extract additional crude. The hydrogen tax credit gets extended through 2028, which is great news for Chevron and Exxon, both investing in hydrogen fuel. Sommers welcomed that timeline extension, saying it fulfilled a top request from companies planning long-term projects.
Coal gets a piece of the action too. At least 4 million new acres of federal land are being opened for coal mining, and royalty fees are getting cut there as well. The law allows miners to use advanced manufacturing tax credits if they’re producing metallurgical coal, which is used to make steel.
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Dogwifhat’s price prediction for 2025 suggests a maximum price of $1.78.
WIF could reach a maximum price of $3.54 by the end of 2028.
By 2031, WIF’s price may surge to $5.75.
Remember Dogecoin and Shiba Inu? The popular dog-themed memecoins!
Dogwifhat (WIF) is another dog-inspired memecoin built on the Solana blockchain. Despite being relatively new on the market (launched in November 2023), the “dog wif a hat” project saw remarkable success post-launch.
Following the exchange listing of the token on Binance and the popular “Sphere Wif Hat” campaign that led to the crowdfunding of over 690,000 USDC, the value of WIF surged, temporarily usurping PEPE coin in late March 2024 to rank as the 3rd largest memecoin behind Dogecoin (DOGE) and Shiba Inu (SHIB).
Having no utility, the success of Dogwifhat (WIF) has birthed other spinoffs, Catwifhat, Simbawifhat, Wenwifhat, and Bonkwifhat, with more hat-wearing dog memecoins hitting the market afterwards. Dogwifhat has thus far recorded significant feats in terms of valuation and exchange listing.
The token approached the $5 mark on March 31, 2024 ($4.58B market cap), saw massive price movements after the November U.S. elections, and got listed on Binance US, Coinbase, KuCoin, Robinhood, and more.
However, a massive bear market ensued, and WIF lost momentum. Leaving investors asking: How high can dogwifhat crypto go?
Let’s explore the current market sentiments and the possibilities of WIF reaching new all-time highs (ATHs).
Overview
Cryptocurrency
Dogwifhat
Ticker
WIF
Current price
$0.9258
Market cap
$924.96M
Trading volume
$576.4M
Circulating supply
998.84M WIF
All-time high
$4.85 on (March 31, 2024)
All-time low
$0.000023 (November 2023)
24-hour high
$0.9543
24-hour low
$0.8798
Dogwifhat price prediction: Technical analysis
Metric
Value
Volatility (30-day Variation)
9.25%
50-day SMA
$0.9173
14-Day RSI
54.97
Sentiment
Bullish
Fear & Greed Index
–
Green days
14/30 (47%)
200-Day SMA
$1.168
Dogwifhat (WIF) price analysis
TL;DR Breakdown
WIF is testing resistance at $0.955.
Positive short-term momentum suggests potential for upward movement.
Lack of strong long-term buying pressure might cause a pullback.
As of July 3, WIF hovers near the previous resistance zone at $0.905. There is a noticeable price action pattern of higher lows forming from late June to early July, signaling some upward momentum. Trading volume has also significantly increased in the last 24 hours (up 24%). However, the CMF (Chaikin Money Flow) indicator is slightly negative, indicating a lack of significant buying pressure while the price moves upward. This could signal a potential struggle to break through the $0.955 resistance, especially if the volume doesn’t pick up.
In the meantime, the $0.955 resistance might hold, which would likely result in a price pullback toward the $0.905 and $0.869 support. However, if the price breaks above this level, the next resistance target lies around $1.047.
Dogwifhat price analysis 4-hour chart: WIF sees short-term gains
On the 4-hour chart, WIF has recently been trending upwards and is now testing the $0.933 resistance level. The 20-period simple moving average (SMA) is trending below the current price, further confirming the upward momentum.
The MACD shows a bullish crossover, and the Balance of Power indicator is also positive, further supporting the idea of a sustained buying trend in the short term. Given this, WIF might push higher towards the next resistance zone.
Dogwifhat technical indicators: Levels and action
Daily simple moving average (SMA)
Period
Value
Action
SMA 3
$0.6704
BUY
SMA 5
$0.7539
BUY
SMA 10
$0.7979
BUY
SMA 21
$0.7971
BUY
SMA 50
$0.9173
BUY
SMA 100
$0.7545
BUY
SMA 200
$1.1680
SELL
Daily exponential moving average (EMA)
Period
Value
Action
EMA 3
$0.8377
BUY
EMA 5
$0.8284
BUY
EMA 10
$0.7483
BUY
EMA 21
$0.6424
BUY
EMA 50
$0.6448
BUY
EMA 100
$0.9162
BUY
EMA 200
$1.3415
SELL
What to expect from WIF price analysis?
Traders can expect a potential breakout or rejection at the $0.955 and $0.933 key resistance zones. The coin could also break out to $1.047 if momentum continues to build. If support fails, WIF could see a short-term pullback towards $0.869.
Is Dogwifhat crypto a good investment?
Dogwifhat (WIF) is a highly speculative meme coin fueled by online culture and community enthusiasm rather than fundamental utility or innovation. While it may present short-term opportunities for high-risk traders during bullish market sentiment, its long-term investment value remains questionable.
With no clear roadmap, technical use case, or underlying utility, WIF’s price is largely driven by social media trends and investor speculation. For cautious or long-term investors, it poses significant risk and should only be considered in minimal portfolio allocations. Ultimately, dogwifhat is better suited for speculative play than strategic, utility-based crypto investing grounded in strong fundamentals.
Where to buy WIF?
Currently, traders and investors can buy Dogwifhat (WIF) on these CEXs: Binance, Binance.US, Raydium, Coinbase Exchange, Gate.io, KuCoin, Kraken, Crypto.com Exchange, MEXC, HTX, Bybit, Bitget, LBank, and several others.
Will WIF reach $10?
Having reached a peak price of $4.85 in 2024, the $10 target might not be too far-fetched.
Can Dogwifhat reach $100?
Dogwifhat (WIF) reaching $100 is highly ambitious and could be unlikely. Its market must be at least $99.9 billion – a value that exceeds the highest market cap ever for a meme (Dogecoin) at $88.79 billion.
WIF has the potential for a good long-term future if it continues to gain popularity and adoption. Analysts project a market price of about $1.5-$2 by the end of 2025 and about $3.4 to $4.2 by 2031. However, as with all meme coins, WIF’s future is uncertain and highly dependent on market trends and community support.
Recent news/opinion on WIF
DeFi Dev Corp. and Dogwifhat have launched a validator partnership to strengthen the Solana blockchain’s infrastructure.
1/ The hat stays on! 🧢
Today, we’re announcing our newest validator partnership with the one and only @dogwifcoin.
A dedicated $WIF validator – operated by DFDV, owned by the dogwifhat community. 💪
If the bulls back WIF, the token could reach as high as $1.27 in July. Traders can expect an average trading price of $0.90 and a minimum price of $0.75.
Dogwifhat price prediction
Potential Low ($)
Average Price ($)
Potential High ($)
WIF price prediction July 2025
0.75
0.90
1.27
Dogwifhat price prediction 2025
Impactful updates and community support in the second half of 2025 could see WIF surge to a maximum value of $1.78. On average, the WIF token could trade for around $0.82. Its minimum price is expected to be about $0.3053.
Dogwifhat price prediction
Potential Low ($)
Average Price ($)
Potential High ($)
Dogwifhat price prediction 2025
0.3053
0.82
1.78
Dogwifhat price prediction 2026-2031
Year
Minimum Price ($)
Average Price ($)
Maximum Price ($)
2026
1.62
1.84
2.07
2027
2.36
2.58
2.8
2028
3.1
3.32
3.54
2029
3.84
4.06
4.28
2030
4.57
4.79
5.02
2031
5.31
5.53
5.75
Dogwifhat price forecast 2026
According to the WIF price forecast for 2026, Dogwifhat is anticipated to trade at a minimum price of $1.62, a maximum price of $2.07, and an average price of $1.84.
Dogwifhat price prediction 2027
The WIF price prediction for 2027 indicates a continued rise, with minimum and maximum prices of $2.36 and $2.80, respectively, and an average price of $2.58.
Dogwifhat price prediction 2028
Dogwifhat price is expected to reach a minimum of $3.10 in 2028. The maximum expected WIF price is $3.54, with an average price of $3.32.
Dogwifhat price prediction 2029
The WIF price prediction for 2029 estimates a minimum price of $3.84, a maximum price of $4.28, and an average price of $4.06.
Dogwifhat price prediction 2030
The Dogwifhat price prediction for 2030 suggests a minimum price of $4.57 and an average price of $4.79. The maximum forecasted Dogwifhat price is set at $5.02.
Dogwifhat (WIF) price prediction 2031
The WIF price prediction for 2031 anticipates a surge in price, resulting in a maximum price of $5.75. Based on expert analysis, investors can expect an average price of $5.53 and a minimum price of about $5.31.
Cryptopolitan’s WIF price prediction proposes a bullish outlook for Dogwifhat’s future price should the market recover soon. According to our analysis, if the bulls get back in for the token in 2025, WIF could recover to about $2. By 2028, we expect continuous growth of the overall crypto market and a utility-based approach for WIF, which could see the token trade at an average price of $5 to $6.
Dogwifhat (WIF) launched in November 2023 and traded within the range of $0.1 – $0.3 for the remainder of 2023.
WIF began 2024 at $0.15, surged past $0.5 in January, and hit its ATH of $4.85 by March’s end after strong bullish momentum.
The token fell to $1.95 in April, consolidating between $2 and $4 until May, but dropped to $1.48 in June amidst bearish pressure.
WIF saw mixed performance in the second half, peaking at $4.67 in November before closing the year at $1.86 under renewed bearish pressure.
WIF opened the market at $1.862 in January 2025 and closed the month at $1.1138. Further price drops ensued in February and March, with WIF trading between $0.4186 and $0.4438.
The coin saw gains in April, reaching as high as $0.7177, and in May, it recaptured the $1 mark, reaching a peak price of $1.38. The uptrend faltered in June, only attaining a high of $1.07 and a low of $0.63.
OpenAI has made it clear that Robinhood’s new crypto offering does not represent real equity in its company.
OpenAI took to X to warn users that “these ‘OpenAI tokens’ are not OpenAI equity,” stressing that the firm had no role in the rollout, no partnership with Robinhood, and does not back the tokenized shares.
The statement went on to note that any genuine transfer of OpenAI stock would need the company’s direct sign-off, something it did not grant, and urged investors to “please be careful.”
Shortly after OpenAI’s warning, Elon Musk replied on X to the company’s post, writing, “Your ‘equity’ is fake,” further fueling debate over the legitimacy of tokenized shares.
Robinhood unveiled the tokenized shares on Monday in Cannes, France, as part of a broader showcase of its plans in digital assets. The product launch, which also covered staking services and new blockchain infrastructure, helped lift Robinhood’s share price past the $100 mark, setting a fresh record.
Robinhood defends tokenized shares as “indirect exposure”
In a reply to OpenAI’s notice, a Robinhood spokesperson explained that the tokens offer “indirect exposure to private markets” for retail clients. They added that this access is made possible by “Robinhood’s ownership stake in a special purpose vehicle”.
Under the new scheme, eligible users in the European Union who register to trade these tokenized equities by July 7 receive €5 worth of OpenAI and SpaceX tokens. These digital assets fall under Europe’s more flexible investor rules and trade on Robinhood’s crypto platform.
Johann Kerbrat, senior vice president and general manager of crypto at Robinhood, said the aim was to expand access and bring more people into private markets through tokenization.
The incident underscores a clash between crypto platforms trying to make investing easier and the companies whose names and shares they’re turning into tokens.
Investors in the United States remain barred from buying these tokens because of stricter domestic regulations. To date, the U.S. Securities and Exchange Commission has not given the green light for such products.
KEY Difference Wire helps crypto brands break through and dominate headlines fast
China is under increasing pressure from prominent economists and policy advisers to explore using stablecoins for cross-border payments, as the United States accelerates efforts to entrench the dollar’s global dominance through crypto innovations.
Though China continues to enforce a sweeping ban on cryptocurrency activities, recent comments from senior People’s Bank of China (PBOC) officials have reignited debate over stablecoins — digital assets typically pegged to fiat currencies like the US dollar.
PBOC Governor Pan Gongsheng recently acknowledged that stablecoins could “revolutionize international finance,” especially in a geopolitical climate where traditional payment systems are vulnerable to weaponization through sanctions.
Pan highlighted the strategic importance of building alternative infrastructure to avoid such risks, speaking at the Lujiazui Forum in June,
Former PBOC chief Zhou Xiaochuan also spoke at the event, warning that dollar-linked stablecoins might facilitate dollarization. At the same time, other officials floated the idea of yuan-based stablecoins to boost China’s ambitions of internationalizing its currency.
US crypto push spurs Chinese reassessment
The renewed focus in China comes as the US doubles down on its digital dollar agenda. Just hours before Chinese officials addressed the Lujiazui Forum, the US Senate passed a landmark bill to regulate stablecoins — a major win for the crypto industry and President Donald Trump’s digital asset strategy.
US Treasury Secretary Scott Bessent further amplified support, claiming that stablecoins could strengthen the dollar’s role, not undermine it. He cited greater trust in the US regulatory oversight compared to centralized digital currencies like the e-CNY.
Stablecoins, already gaining ground for their ability to make cross-border payments faster and cheaper, are forecasted to grow to $3.7 trillion in supply by 2030, with most currently backed by US dollars and short-term Treasuries.
Hong Kong emerges as a launchpad for China’s stablecoin ambitions
Beijing has historically viewed crypto as a threat to capital controls and financial stability. Yet experts now see a critical opportunity.
Robin Xing, Chief China Economist at Morgan Stanley, noted that stablecoins are not new currencies, but new distribution channels for existing ones. China must embrace sovereign currency tokenization to stay competitive.
Xing and others suggest that Hong Kong could be a regulatory sandbox for offshore yuan-linked stablecoins. Hong Kong has already introduced a legal framework for fiat-referenced stablecoins, and tech giants like JD.com and Ant Group are reportedly preparing license applications.
JD.com’s Chief Economist Shen Jianguang warned that China risks falling behind without a serious push into stablecoins. Founder Richard Liu has said the firm aims to cut cross-border payment costs by 90% and reduce settlement times to under 10 seconds using stablecoins.
Meanwhile, Zhejiang China Commodities City Group Co., operator of the world’s largest wholesale market, also announced intentions to enter the space via licensing.
China pushes ahead with dual-track digital strategy
China’s current digital currency efforts have struggled to gain traction. The e-CNY, the state-backed digital yuan, has seen limited adoption. At the same time, mBridge, a cross-border project with several central banks, faced uncertainty after the Bank for International Settlements (BIS) withdrew over concerns that it could be used to skirt sanctions.
Despite setbacks, Pan announced plans for an international e-CNY center in Shanghai, signaling Beijing’s continued ambitions in digital finance.
To move forward, experts suggest a dual-track strategy. The National Institution for Finance and Development Chairman Li Yang said China should expand traditional efforts like CIPS and currency swaps while leveraging Hong Kong’s capabilities to pilot yuan stablecoins.
According to Bloomberg Intelligence, Hong Kong’s stablecoin efforts could become Beijing’s alternative to sidestep SWIFT, alongside CIPS and mBridge.
Still, hurdles remain. Stablecoins are currently used more for crypto trading than global commerce. Regulatory uncertainties persist, especially regarding whether they qualify as currencies or financial instruments.
Eswar Prasad, a Cornell professor and author of The Future of Money, cautioned that yuan-linked stablecoins may struggle without deeper reforms. “Without unifying onshore and offshore yuan markets, these stablecoins won’t gain much traction,” he said
Yet he also believes they may catalyze reform, nudging China toward more market-oriented policies. As the US continues to cement its lead in the digital currency race, China is now at a critical crossroads in either cautiously observing or stepping boldly into the future of global finance through stablecoin innovation.
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Anchorage Digital, a federally chartered crypto bank, is under fire after announcing it will delist several stablecoins, including the widely used USDC.
This week, the firm released a “Stablecoin Safety Matrix” that evaluates digital dollar tokens based on regulatory oversight and reserve quality. USDC, Agora USD (AUSD), and Usual USD (USD0) failed to meet the firm’s internal criteria and will be phased out.
Anchorage urged its institutional clients to switch to Global Dollar (USDG), a rival stablecoin issued by Paxos and supported by a consortium in which Anchorage itself is a founding member.
“Following our Stablecoin Safety Matrix, USDC, AUSD, and USD0 no longer satisfy Anchorage Digital’s internal criteria for long-term resilience,” Rachel Anderika, head of global operations at Anchorage, said in a statement justifying the decision.
She continued to say that they specifically identified elevated concentration risks associated with the issuer structures — something they believe institutions should carefully evaluate.
Stablecoin race heats up as lawmakers act and Circle defends USDC
Anchorage’s move comes amid a flurry of activity in the stablecoin world. Financial giants and crypto firms are vying for dominance in the $250 billion market, which Citi and Standard Chartered analysts predict could grow to the trillions.
Nordic lawmakers are trying to give stablecoin issuers regulatory accommodation as well. Recent developments came from the GENIUS Act, which the US Senate passed. White House crypto policy lead David Sacks has said the bill may become law by next month.
Despite Anchorage’s move, other stablecoin evaluators remain favorable toward USDC. S&P Global recently gave USDC a “strong” stability rating. The crypto-native ratings firm Bluechip gave it a B+ in economic safety.
Circle, which issues USDC, pushed back on Anchorage’s claims, defending its “long-standing compliance record” and full backing by fiat reserves. “We were the first stablecoin issuer to comply fully with the EU’s crypto regulations,” a spokesperson said.
Industry pushes back on Anchorage
Anchorage’s move has drawn sharp criticism from key players in the crypto space. Nick Van Eck, founder of Agora and the issuer of AUSD, accused the firm of spreading misinformation and failing to disclose its financial interest in USDG.
Nick Van Eck said he would have understood if Anchorage had delisted USDC and AUSD to prioritize stablecoins from which it profits. However, he criticized the firm for smearing competitors under the guise of safety, calling the move unserious.
Viktor Bunin of Coinbase, which co-launched USDC, also criticized Anchorage’s report and described it as a poorly executed hit piece.
Jan Van Eck, CEO of asset manager Van Eck and father to Nick, mocked the company’s safety matrix and suggested it was laughable, predicting that the firm might soon take it down.
Circle reiterated that regulated institutions back USDC and maintain robust liquidity and transparency. Other custodians also supported USDC and AUSD.
BitGo’s chief revenue officer, Chen Fang, said the company was not ceasing support for USDC.
Agora and Circle are longtime partners in AUSD, and Joshua Lim, co-head of markets at FalconX, said the firm can accommodate the needs of clients trading AUSD and USDC.
While Anchorage moves forward with its stablecoin revamp, it may face increased scrutiny of its motives and transparency. The stablecoin wars are not over — and trust, it seems, is the true currency at play.
KEY Difference Wire helps crypto brands break through and dominate headlines fast
While Shiba Inu (SHIB) edges lower toward the $0.000010 mark amid tightening market sentiment, a different narrative is stealing the spotlight, Mutuum Finance (MUTM) is going parabolic. In a sea of sideways trading and bearish corrections, Mutuum Finance’s explosive presale momentum has placed it on the radar of crypto investors hunting for the next crypto to explode. Mutuum Finance, which cost only $0.03 in its presale, has already risen 200%, making it one of the hottest new crypto tokens this quarter.
The project has already acquired over 12,300 investors who have chipped in $10.9 million while the presale is ongoing. Investors participating in the Mutuum Finance Phase 5 presale will enjoy a 100% return on investment when it goes live at $0.06.
Mutuum Finance Changing the DeFi Lending Game
Mutuum Finance (MUTM) is revolutionizing a new generation lending platform where users retain full ownership of their assets and passively diversify to optimize the earning potential using a flexible safe system. Mutuum Finance (MUTM) makes lending simpler and trustless as borrowers can get lending through leveraging overcollateralized funds and lenders are rewarded through smart contracts.
The system is an effective dual-lending system that combines the Peer-to-Contract (P2C) and Peer-to-Peer (P2P) models. The P2C model uses a smart contract to control lending pools whose interest rates are floating. The system is made responsive to real-time market conditions, a factor that makes returns to lenders more certain and borrowers financially sound.
In the meantime, there are also the like of the P2P model which completely excludes middlemen and allows the user to agree on terms among themselves. That sort of setup of direct lending is particularly helpful with less stable assets such as those of meme coins since flexibility and control take priority there.
Phase 5 of the Mutuum Finance Presale Is Underway, $10.9M+ Raised
Mutuum Finance’s (MUTM) presale became a record by raising over $10.9 million, attracting over 12,300 token holders. It is currently on Phase 5 investor confidence continues to grow as the platform distinguishes itself from short-term meme coins.
Mutuum Finance Stablecoin and CertiK Audit
In yet another step to further build its ecosystem Mutuum Finance is soon to launch a fully collateralized USD-pegged stablecoin on the Ethereum network. Contrary to algorithmic stablecoins which have been challenged by price stability problems Mutuum Finance’s stablecoin is to be backed by real assets. The platform has also undergone a security audit by CertiK one of the most known names in blockchain security.
Early Investors Benefit
The project is also conducting a $100,000 giveaway where 10 people will be awarded a sum of $10,000 MUTM tokens. It is a huge incentive not only to the overall crypto community but also to the people who will be supporting the project in early phases.
As Shiba Inu (SHIB) trends down toward $0.000010, Mutuum Finance (MUTM) is capturing major investor attention with a parabolic rise. Priced at just $0.03 in Phase 5, MUTM has surged 200% since launch, raising over $10.9 million from more than 12,300 investors. With a 100% ROI locked in at launch and a dual-lending model that blends flexibility with security, Mutuum Finance is setting a new standard in DeFi. Backed by a CertiK audit and an upcoming stablecoin, it’s proving to be more than hype, this is real momentum. Act now, early access won’t last.
For more information about Mutuum Finance (MUTM) visit the links below:
The British government intends to slash the bills of electricity-intensive manufacturers by up to 25% from 2027. As part of an industrial strategy for the decade 2025-2035, this move could benefit more than 7,000 businesses, according to the government.
Britain will seek to slash the electricity bills of thousands of companies under a new industrial strategy to be published on Monday, June 23.
This was after hearing calls from businesses to reduce high energy costs, which they argue hurt competitiveness and hinder growth.
Britain’s new industrial strategy pledges massive development to the country’s economy
Ramping up Britain’s sluggish growth has been a top priority for the government. However, lawmakers and business leaders had flagged the sky-high energy costs many companies already endure as a barrier to that ambition, with industry body Make UK urging the government to abandon climate levies placed on companies.
To address this, Britain has been encouraged to do more to help its important industrial sectors. This will go a long way in improving its competitive edge as the United States and the European Union are also moving in that direction, in a trading world that the US President Donald Trump’s tariffs shook in recent months.
Meanwhile, five sectoral strategies will be released alongside the plan, including advanced manufacturing, creative industries, and clean energy. The industrial strategy highlights eight key sectors where Britain excels, including defense and financial services.
The government added that it would spare energy-intensive manufacturers from levies such as the renewables obligation to strengthen their international competitiveness.
It also said that the energy measures would be paid for by transforming the energy system, not by ramping up household bills or taxes. Once they consult with stakeholders, they will fine-tune the details and eligibility of the program.
Jonathan Reynolds, the Secretary of State for Business and Trade, commented on the topic of discussion. Reynolds highlighted that addressing energy costs and improving skills have been the top requests from businesses and their biggest challenge. Therefore, according to him, this government has taken note.
Furthermore, Make UK described the industrial strategy as a “huge and necessary step forward,” addressing the skills gap in Britain’s workforce and access to funding. The Confederation of British Industry called it a “clear, positive message” that would lay a strong foundation for growth.
This industrial strategy, Britain’s first in eight years, aims to increase the British Business Bank’s ability to invest in smaller companies and provide an additional 1.2 billion pounds, worth $1.61 billion annually, for skills development by 2028-2029.
PM Sir Keir Starmer calls the new industrial strategy a “turning point” for the nation’s economy
Prime Minister Sir Keir Starmer said the industrial strategy is a “turning point” for Britain’s economy by backing key industries capable of growth.
However, the Conservatives’ acting shadow energy secretary, Andrew Bowie, has criticized the strategy. According to Bowie, the UK needed a serious approach to energy policy that tackles the root cause of our high energy prices.
He stated that it was amazing that “Labour” is finally recognizing that net-zero costs are so high that they need to spend billions of pounds of taxpayers’ money to help businesses pay their energy bills and prevent them from going bankrupt.
Notably, UK manufacturers now face some of the highest electricity prices in the developed world.
A new British Industrial Competitiveness Scheme would reduce costs by up to £40 per megawatt-hour from 2027. In addition, around 500 energy-intensive companies, such as those in the steel industry, chemicals, and glassmaking, will see their network charges reduced.
Interestingly, these companies are already receiving a 60% discount under the British Industry Supercharger scheme, which is set to rise to 90% after 2026.
Monday’s announcement will also include moves to accelerate how long it can take to connect new factories and projects to the energy grid.
The prime minister stated that the industrial strategy provides companies with the long-term certainty and direction they require to invest, innovate, and create good jobs that help people earn more money. It also seeks to help create over one million new well-paid jobs in the next ten years.
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