Standard Chartered: Stablecoins are increasingly being used for traditional financial purposes, with huge growth potential

Decentralized perpetual trading platform and Layer 1 chain Hyperliquid is set to launch its HYPE token on Friday during a genesis event at 2:30 a.m. ET.Bitcoin miner MARA has acquired another 6,474 BTC, valued at around $615 million, boosting its total holdings to 34,794 BTC worth $3.3 billion — the largest of all public miners.Defunct centralized crypto lender Celsius is distributing $127 million in cash or cryptocurrency to creditors in its second bankruptcy payout.The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

Stablecoins currently make up 1% of U.S. M2 and FX transactions, but they could feasibly reach 10% of each measure as the sector gains legitimacy, analysts said.The analysts critiqued the legacy global financial infrastructure, pointing out opaque fee structures in correspondent banking and SWIFT systems.

BlockBeats News: On November 28th, Solana co-founder Anatoly Yakovenko said on social media, "It is speculated that about $250 billion worth of cryptocurrency startups have left the Bay Area because California representatives failed to stop Warren's excessive intervention. Any other place in the world would do anything to keep these startups there

Odaily Planet Daily News: Coinbase Assets published an article on X platform stating that any accusations that Coinbase does not support Ethereum scalability are untrue. Coinbase focuses on becoming a bridge to the crypto economy and supports L1 and L2.

Odaily Planet Daily News: CryptoQuant announced on X platform that the sales target of the Trump family DeFi project WLFI was $30 million, but it was not achieved in the first two weeks after its launch. However, TRON DAO's recent investment has helped the project achieve its goals. TRON invested $30 million in exchange for 200000000 WLFI tokens. TRON Network founder Sun Yuchen emphasized his support for Donald Trump, highlighting the potential for more favorable policies towards cryptocurrency under Trump's leadership in the United States.