Crypto M - Crypto News

🚀 Zcash Open Development Lab Unveils Strategic Direction Focused on Post-Quantum Security On April 13, Zcash Open Development Lab (ZODL) founder Josh Swihart announced the latest developments for Zcash, emphasizing a strategic direction centered on post-quantum security, scalability, and user experience. According to BlockBeats, Swihart likened the initiative to the Artemis II lunar mission, highlighting the pursuit of seemingly impossible goals through technological breakthroughs. The ZODL team revealed that Zcash is entering the 'Zcash IV' phase, aiming to build infrastructure akin to a 'lunar base' to support the protocol and applications' secure expansion to billions of users, while advancing the vision of privacy transactions without large-scale financial surveillance. On the product and technology front, ZODL continues to iterate, with its 3.3.x version now available on iOS and Android, featuring new hardware wallet connection management, SDK upgrades, and multiple user experience enhancements. Key developments include advancing Keystone wallet functionality and upgrading the address system (ZIP 316, UIVK/UFVK). Meanwhile, the Zcash core team has addressed several system issues and is progressing with the Zallet alpha version development, strengthening unified address standards and wallet interaction experience to lay the foundation for future scalability and performance improvements. Additionally, ZODL disclosed ongoing growth in application data and participation in a stablecoin privacy summit to enhance industry collaboration. However, due to increased regulatory and network restrictions, ZODL has temporarily removed its app from Russian app stores. The team emphasized that privacy is not optional but a fundamental need in the digital age, and they will continue to accelerate delivery pace to promote ZEC adoption and ecosystem development. The core of Zcash Open Development Lab is to develop an open, self-custodial private financial platform, aiming to expand ecosystem interoperability through collaboration and bring protected ZEC transactions to the global mainstream market. #Zcash#ZODL#PostQuantumSecurity#Cryptocurrency#Privacy#Blockchain#Scalability#UserExperience#KeystoneWallet#Zallet#Stablecoin#FinancialPrivacy#EcosystemDevelopment#DigitalPrivacy#OpenDevelopment#ZEC

🚀 Hong Kong Adopts Cautious Approach to Stablecoin Regulation Hong Kong's Financial Secretary, Paul Chan, announced on April 13 that the region will adopt a cautious approach to stablecoin regulation by initially issuing a limited number of licenses. According to BlockBeats, applicants must demonstrate practical application scenarios before further licenses are considered, allowing for experience to be gathered and evaluated. Chan emphasized the need to balance encouraging financial innovation with risk management, including the establishment of anti-money laundering regulatory mechanisms. He highlighted that while stablecoins offer decentralization and efficiency, they should be viewed primarily as payment tools rather than investment instruments. In light of the current international and security environment, Chan stressed the importance of vigilance. Hong Kong aims to enhance its financial market competitiveness and global influence as a form of proactive defense. The government and financial institutions have already established a comprehensive, cross-market monitoring system to ensure market stability. #HongKong#Stablecoin#Regulation#FinancialInnovation#RiskManagement#AML#Payment#GlobalFinance#MarketStability

🚀 Fypher and Blueprint Finance to Develop On-Chain Yield Ecosystem for FYUSD Stablecoin Fypher and Blueprint Finance have announced their intention to create an on-chain yield ecosystem centered around the Asia-focused dollar stablecoin, FYUSD. According to NS3.AI, Fypher founder Paul Kim and Blueprint CEO Nick Roberts-Huntley disclosed this plan during an appearance on Maeil Business TV's "Crypto Insight" on April 11. The initiative aims to leverage the stability of FYUSD to enhance yield opportunities within the cryptocurrency market. #Fypher#BlueprintFinance#OnChainYield#FYUSD#Stablecoin#Cryptocurrency#CryptoEcosystem#AsiaStablecoin

🚀 European Banks Advance in Stablecoin Rollouts Amid Regulatory Changes European banks and corporations have progressed from educational initiatives to selecting partners for stablecoin rollouts over the past 18 months, according to Taurus co-founder Lamine Brahimi. According to NS3.AI, Brahimi noted that the Markets in Crypto-Assets (MiCA) regulation has facilitated this shift by replacing fragmented national rules with a unified framework. Some companies with board-level approval are preparing to launch their stablecoin projects. Konstantin Vasilenko highlighted a significant increase in USDC volume on Paybis within the European Union, rising approximately 109% between October 2025 and March 2026. This surge is attributed to growing demand for stablecoins in settlement and treasury operations. #EuropeanBanks#Stablecoin#CryptoRegulation#MiCA#USDC#DigitalAssets#FinTech#TreasuryOperations#CorporateFinance#Blockchain

🚀 Treasury Secretary Advocates for Clarity Act Amid Rising Stablecoin Transactions Treasury Secretary Scott Bessent has called on Congress to approve the Clarity Act, highlighting the growing significance of stablecoin transactions. According to NS3.AI, a report by Chainalysis projects that stablecoin transaction volume could escalate to $1.5 quadrillion by 2035, up from $28 trillion last year. The likelihood of the bill passing this year has increased, with Polymarket odds rising to nearly 70% from 50% earlier this week. Senate Banking Committee members are reportedly preparing to hold a hearing to vote on the bill before the month's end. #TreasurySecretary#ClarityAct#Stablecoin#StablecoinTransactions#ScottBessent#Congress#Chainalysis#Polymarket#SenateBankingCommittee#Blockchain#Cryptocurrency

🚀 Stablecoin Transaction Volume Projected to Surge by 2035 Chainalysis has projected a significant increase in the inflation-adjusted real economic transaction volume of stablecoins, estimating a rise from $28 trillion in 2025 to $719 trillion by 2035. According to NS3.AI, this growth could see stablecoin payment processing volumes reaching parity with Visa between 2031 and 2039. #Stablecoin#TransactionVolume#Crypto#Blockchain#Finance#PaymentProcessing#Visa#EconomicGrowth#NS3AI#Chainalysis

🚀 WLFI Co-Founder Addresses Misunderstandings on X Platform WLFI co-founder Zach Witkoff has responded to recent criticisms on the X platform regarding the WLFI project. According to Odaily, Witkoff clarified several points to address misconceptions. Firstly, he emphasized that WLFI should not be confused with the Trump meme coin, as they are entirely unrelated. He also stated that WLFI has no connection with 'fight fight fight' or CIC Digital Company. Witkoff highlighted that early investors purchased WLFI at prices of $0.015 and $0.05, with the current price standing at $0.08. He further explained that the project's primary product is not transaction fees but a stablecoin that generates returns through holding government bonds. This stablecoin ranks as the second-largest compliant stablecoin by trading volume and market capitalization, which he described as a significant achievement. Witkoff advised critics to conduct more thorough research before writing extensive posts on the matter. #WLFI#ZachWitkoff#XPlatform#TrumpMemeCoin#Stablecoin#GovernmentBonds#Investors#Misunderstandings#CICDigitalCompany#Cryptocurrency#Odaily#MarketCapitalization

🚀 USDi Stablecoin Seeks $1.5 Million in Seed Funding Amid Rising Inflation USDi, a stablecoin already in circulation, is aiming to secure approximately $1.5 million in seed funding. According to NS3.AI, the token is designed to track the U.S. Consumer Price Index (CPI) and is intended to increase in value with inflation, rather than maintaining a fixed nominal value of $1. Michael Ashton highlighted that the initiative comes at a time when U.S. inflation has surged to 0.9% in the past month, primarily due to energy costs linked to the ongoing conflict in Iran. #USDi#Stablecoin#SeedFunding#Inflation#CPI#EnergyCosts#IranConflict

🚀 Bitcoin's Realized Cap Shows Improvement Amid Capital Rotation Bitcoin's realized capitalization has seen a notable improvement, according to Darkfost. The metric increased from -$28.7 billion at the end of February to -$3 billion, as stablecoin capitalization decreased from over $6 billion to -$1 billion. This shift indicates a capital rotation back into Bitcoin. According to NS3.AI, Michaël van de Poppe noted that speculators are currently net long on Bitcoin, suggesting that BTC could potentially reach $80,000–$85,000. However, he warned that the current setup suggests volatility rather than a guaranteed breakout. #Bitcoin#RealizedCap#CapitalRotation#Stablecoin#BTC#MichaëlvandePoppe#Volatility#Cryptocurrency

🚀 Stablecoin Reward Negotiations Intensify Ahead of Senate Vote Negotiations over stablecoin rewards are gaining momentum as lawmakers prepare to reconvene next week. According to NS3.AI, the Senate Banking Committee is set to vote on a comprehensive crypto market structure bill by the end of the month. A recent report from White House economists suggests that stablecoin rewards are unlikely to significantly impact bank lending or broader credit conditions. However, banking advocates are pushing for stricter language on yield prohibitions, while crypto firms argue that such limits could stifle innovation. #Stablecoin#Crypto#SenateVote#Banking#CryptoRegulation#FinancialInnovation#YieldLimits#CreditConditions

🚀 Circle Mints Additional 250 Million USDC on Solana Blockchain Circle has recently minted an additional 250 million USDC, according to ChainCatcher. Over the past month, Circle has minted a total of 10.5 billion USDC on the Solana blockchain. This development highlights Circle's ongoing activities in expanding its USDC supply on Solana. #Circle#USDC#Solana#Blockchain#Crypto#Stablecoin#Cryptocurrency#Minting#DeFi#CryptoNews#SOL

🚀 Stablecoin-Like Tokens Backed by Strategy's Shares Surpass $100 Million Since January, at least three issuers have introduced stablecoin-like tokens primarily backed by Strategy's Stretch perpetual preferred shares, collectively managing over $100 million. According to NS3.AI, these products expand Michael Saylor's borrow-to-buy-Bitcoin strategy into an additional layer of leverage, which remains vulnerable if Bitcoin's value declines. #stablecoin#tokens#Strategy#Stretch#preferredshares#MichaelSaylor#borrowtobuy#Bitcoin#leverage#NS3AI#BTC