This week: Lutnick pushes GDP on-chain, Tether brings USDT to Bitcoin via RGB, and Aave’s Horizon lends stablecoins to institutions. Bitwise eyes the first U.S. spot LINK ETF, while the CFTC hints offshore crypto platforms could open to U.S. traders.

Brazil debates a $19B National Bitcoin Reserve, Bullish makes IPO history with a $1.15B stablecoin deal, and DBS launches tokenized crypto notes. Buenos Aires accepts tax in crypto, while TRM Labs and exchanges launch the Beacon Network to fight blockchain crime.

Circle launches Arc, a compliant stablecoin chain; Spar adopts crypto in Switzerland; Tether links with Spark; Harvard backs a $117M BTC ETF; and Wirex + Visa expand EURC. Beyond: Circle Q2, Lightning growth, banks backing issuers, and global stablecoin rules diverging.

Crypto surges in finance: a new U.S. order may allow crypto in retirement plans. Stablecoins gain post-GENIUS Act. Binance & Mastercard ease crypto-cash in Europe, Ethena’s USDe rises, and Remitly leverages USDC for global transfers.

PayPal rolls out “Pay with Crypto” for U.S. merchants; JPMorgan partners with Coinbase. The White House backs digital asset reform but is vague on a Bitcoin reserve. AllUnity launches EURAU, Germany’s first MiCA-compliant euro stablecoin; Visa grows its network.

Crypto hits a pivotal moment: U.S. House passes GENIUS Act for stablecoin regulation; 50%+ of institutions plan 5%+ crypto allocations in 2025. Cantor Fitzgerald backs Adam Back’s Bitcoin venture, Tether expands USDT support, and Zerohash nears $1B valuation.

Russia backs a ruble stablecoin, Emirates adopts crypto, Spain’s BBVA expands retail crypto, and a U.S. BNB treasury venture launches, reshaping digital finance. Vitalik Buterin defends open-source ideals, while Beyond the Brief explores money’s privatization history.

This week in crypto: Robinhood brings tokenized U.S. assets to EU, Sparkassen to trade BTC & ETH by 2026, Paxos launches USDG in EU. Circle, Wise, Erebor pursue U.S. bank charters, while BlackRock’s Bitcoin ETF outpaces S&P 500, attracting UniCredit interest.

This week in crypto: Texas backs Bitcoin reserves; U.S. regulators tell Fannie Mae & Freddie Mac to include crypto in mortgages; Mastercard, Paxos & Fiserv launch multi-stablecoin strategies; Baillie Gifford launches UK’s first tokenized fund; South Korea advances won-backed stablecoin.