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Quick Take Summary is AI generated, newsroom reviewed. Brad Garlinghouse urged an end to monthly paychecks in favor of XRP-powered instant payouts. XRPL processes payments in 3–5 seconds at near-zero cost, supporting second-by-second transfers. Ripple’s ODL handled $1 billion in 2025, proving large-scale adoption. Ripple’s ODL handled $1 billion in 2025, proving large-scale adoption. Daily, hourly, and micro-payouts are now technically possible with XRP. cThe 2023 SEC ruling cleared XRP’s retail sales, boo
Quick Take A dormant bitcoin wallet holding $44 million in BTC moved its funds over the weekend after 12 years of inactivity. Andre Cronje’s new crypto project, Flying Tulip, has raised $200 million at a $1 billion fully diluted token valuation via a private seed funding round and plans to raise up to $800 million more through an FT public sale.
BitMine continues its aggressive ETH buying spree, announcing its holdings now top 2.65 million ETH with a total value of $11.6 billion.
Swift is building a blockchain-based shared ledger with Consensys and over 30 global banks to enable instant, 24/7 cross-border payments.
Quick Take “It’s a new day and the turf war is over,” said Commodity Futures Trading Commission Acting Chair Caroline Pham during a joint roundtable on Monday hosted by the CFTC and Securities and Exchange Commission. The CFTC and the SEC have arguably been engaged in a turf war over crypto market regulation for years.
- 01:48PayPal stablecoin market cap to reach $4 billion, driven by DeFi protocolsAccording to ChainCatcher, citing DL News, the circulating supply of PayPal's stablecoin PYUSD has surged by 224% since September, surpassing $3.8 billion and becoming the sixth largest stablecoin. The DeFi protocol Ethena has become the largest holder of PYUSD, holding $1.2 billion through the custodian Copper. PayPal, in cooperation with liquidity management company Sentora, provides incentives on the decentralized exchange Curve Finance and subsidizes yields for DeFi protocol users. The Solana lending protocol Kamino currently offers nearly 6% annualized yield for lending PYUSD, with part of the yield subsidized by PayPal. Over the past three months, the scale of PYUSD on Solana has increased from $250 million to over $1 billion. U.S. Treasury Secretary Scott Besant expects the stablecoin market to reach $3 trillion by 2030.
- 01:48Fitch Ratings warns of US banks' cryptocurrency exposure risks and may reassess the ratings of related banksChainCatcher news, according to Cointelegraph, international credit rating agency Fitch Ratings has issued a report warning that it may negatively reassess US banks with "significant" cryptocurrency exposure. Fitch Ratings stated that while cryptocurrency integration can enhance fees, yields, and efficiency, it also brings "reputational, liquidity, operational, and compliance" risks to banks. The report pointed out that stablecoin issuance, deposit tokenization, and blockchain technology applications provide banks with opportunities to improve customer service, but banks need to fully address challenges such as cryptocurrency value volatility, the pseudonymity of digital asset owners, and the protection of digital assets against theft. The report also emphasized that if the stablecoin market grows to a scale large enough to impact the Treasury market, it could pose systemic risks. Major banks such as JPMorgan, Bank of America, Citigroup, and Wells Fargo are all involved in the cryptocurrency sector.
- 01:48MegaETH: Frontier to Open to Application Developers Next WeekChainCatcher reported that MegaETH announced on X that Frontier will be open to application developers next week. The infrastructure team has completed deployment on the mainnet, and more teams will join in the coming days. In the following weeks, they will support applications in completing deployment and testing before users join. Previously, in November, MegaETH announced the launch of the mainnet Beta "Frontier", which was expected to run for one month starting from early December.