Coinbase will suspend 6 non US dollar trading pairs on August 6th

[Western Union and Rain Collaborate to Launch Visa Card Stablecard Supporting USDPT] According to Cointelegraph, Western Union has partnered with Rain to launch the Visa card Stablecard, which supports the USDPT stablecoin. The card is now available in 37 markets and is planned to expand to over 60 markets by the end of the year. USDPT is issued by Anchorage Digital Bank on the Solana blockchain. Users can deposit Western Union remittances into a USDPT wallet, transfer funds to compatible crypto wallets or exchanges, and make purchases at global merchants that accept Visa. This product is targeted at remittance recipients and consumers in countries with currency volatility, enabling savings in USD-denominated digital assets and facilitating everyday spending.

Since August 2025, the market value of Solana tokenized gold has increased by 689%, surpassing the growth rate of BNB Chain, Ethereum, and Avalanche. （Cointelegraph）

According to Bloomberg, the sell-off of artificial intelligence concept stocks led to losses for Balyasny and Verition Fund Management in July, with Balyasny falling 1.5% and cumulative returns narrowing to 1.2% in the first seven months of this year, while Verition Fund Management fell 1.1% and cumulative returns dropping to 4.5% so far this year. Wellington, the flagship fund of Castle, rose 5.9% in July, benefiting from its position in Situational Awareness.

Hong Kong has launched a new tokenized securities issuance and settlement framework that utilizes Chainlink technology. （Cointelegraph）

According to BIT (bit. com) market data, Strategy perpetual preferred stock STRC broke through $94 during trading, up about 30% from its June low. Strategy sold Bitcoin to pay dividends, repurchased $106 million in preferred stock, and increased its US dollar reserves to $4 billion. Strategy has not increased its holdings of Bitcoin for six consecutive weeks. Michael Sellers stated that Strategy will not issue new shares when the STRC falls below $100. The company has repurchased 2889300 STRC preferred shares for a total amount of approximately $25 million at an average price of $86.52 per share. Strategy plans to continue repurchasing when STRC falls below $100, and currently there is still approximately $975 million available for preferred stock repurchases. The repurchase funds will be raised through the sale of MSTR stocks and Bitcoin, with the goal of stabilizing the STRC price around $100.