The circulation of decentralized stablecoin USDD has exceeded 1.81 billion, and the protocol TVL has exceeded 2.51 billion US dollars, both breaking historical records. Among them, the TRON network has a circulation of over 1.3 billion coins, Ethereum has a circulation of over 450 million coins, and BNB Chain has a circulation of over 21 million coins.

Kraken's parent company Payward has received final regulatory approval in Dubai and plans to launch spot and margin trading, staking, xStocks, Krak transfer services, institutional over-the-counter (OTC) spot trading, and Kraken Prime services denominated in UAE dirhams (AEDs) in the coming weeks in the UAE. Cryptocurrency derivatives business still needs to wait for regulatory approval. (Source: The Block)

Analyst PlanB stated that the decision to hold Bitcoin through ETFs in 2025 has been criticized, but given the issues with Coldcard and unauthorized hardware implantation in Ledger devices, they do not regret their initial decision to choose ETFs.

Kraken has received full approval from the UAE VARA and is preparing to launch services including AED trading, staking, and xStocks in the region.

Amy Oldenburg, head of digital asset strategy at Morgan Stanley, stated that Morgan Stanley expects to support tokenized stocks on its Alternative Trading System (ATS) in the first quarter of 2027. (Source: The Block)