[Malaysian Telecom Company Bullish Aim Launches Ringgit Stablecoin RMJDT] The telecom company Bullish Aim, owned by the eldest son of the King of Malaysia, has announced the launch of the Ringgit stablecoin RMJDT, which will be issued on the Layer 1 blockchain Zetrix. Bullish Aim will establish a digital asset treasury company and allocate 500 million Ringgit (approximately $121.5 million) worth of Zetrix tokens as initial assets.

The new fiat-pegged token arrives as Asia leads global stablecoin use, with over 50% of institutions in the region already on board.

Bowing to what he called a "cold breeze," but not a "crypto winter," Geoff Kendrick slashed his year-end outlook for BTC to $100,000 and doesn't expect $500,000 until 2030 versus 2028 previously.

PNC Bank has partnered with Coinbase to allow private clients to purchase and hold Bitcoin in their existing accounts. This is the first time that a major bank in the United States has provided such services. （Bitcoin Archive）

[Circle Partners with Aleo to Launch Privacy Stablecoin USDCx] Circle co-founder and CEO Jeremy Allaire announced a partnership with Aleo to launch a privacy version of the stablecoin, USDCx. Aleo co-founder Howard Wu stated that USDCx will conceal transaction history, addressing the concerns of large institutional clients who do not wish to disclose balances and payment histories. Each USDCx transaction includes compliance records, which Circle can access upon law enforcement inquiries, but it is displayed to the public as data blocks, offering bank-grade privacy.