The post Banking Apps Issue Stablecoins—But Can Users Use Them? appeared on BitcoinEthereumNews.com.
Retail customers are finally seeing stablecoins appear inside their everyday banking and payments apps. That’s a milestone—but it’s only the first step. Turning a launch into durable, habit-forming utility is the harder, more important challenge. On May 27, 2026, Block’s Cash App began a phased rollout of USDC to roughly a quarter of its nearly 60 million users, supporting Solana, Ethereum, Polygon, and Arbitrum, with daily and weekly send/receive caps; the company said it aimed to reach all users by week’s end CoinDesk. Cash App’s press release also noted 59 million monthly customers, auto-conversion of received USDC to U.S. dollars in-app, and cited adjusted stablecoin transaction volume of $13.28 trillion over the last 12 months Cash App (press release). The same day, SoFi announced SoFiUSD, a 1:1 USD-redeemable stablecoin issued by SoFi Bank, N.A., embedded directly in its consumer
The post Dash says crypto forgot its original killer app: digital cash appeared on BitcoinEthereumNews.com.
Dash has renewed its focus on digital cash, arguing that peer-to-peer payments remain one of crypto’s most useful goals even as stablecoins, DeFi and decentralized applications take more attention. Summary Dash says digital cash remains crypto’s strongest use case as stablecoins and DeFi gain ground. The project says stablecoins carry issuer, peg and freeze risks that digital cash avoids directly. Dash links payments, savings, DeFi and DApps to one scarce base money model for users. Dash said its strategy still follows the early idea behind Bitcoin: a peer-to-peer electronic cash system. The project said that use case has lost attention in parts of the crypto market, but it remains central to its roadmap. In a post on X, Dash described digital cash as the “killer app” for blockchain because it can support direct payments, savings, finance and digital services. The project said di
The post Circle Freezes $12.6M in Stablecoins Linked to Zama Without Prior Notice: ZachXBT appeared on BitcoinEthereumNews.com.
Stablecoin issuer Circle froze $12.6 million in USDC dollar-pegged tokens linked to privacy protocol Zama’s confidential USDC smart contract on Saturday, according to onchain sleuth ZachXBT. The smart contract is “publicly labeled” on block explorers and the privacy protocol’s technical documentation, ZachXBT said. The exact reason for the freeze is “unclear,” he said, adding that wallets linked to the Overnight Finance decentralized finance (DeFi) protocol deposited $12.4 million into the Zama protocol on May 11, 2026. He said: “Overnight Finance held a governance vote recently to distribute treasury funds after holders alleged the team was rug-pulling. Regardless, it’s precedent-setting to unilaterally freeze the contracts or addresses of a protocol where funds have been commingled with Zama users.” Source: ZachXBT “From my understanding, the Zama team does
The post Mounting Uncertainty as Cardano Teeters on a Knife-Edge appeared on BitcoinEthereumNews.com.
Cardano (ADA) is grappling with volatile market conditions that have resulted in considerable price fluctuations. After weeks of trading beneath a key support level, a fresh surge of anxiety emerges as the monthly close draws near, positioning the cryptocurrency at a critical juncture. Continue Reading:Mounting Uncertainty as Cardano Teeters on a Knife-Edge Source: https://en.bitcoinhaber.net/mounting-uncertainty-as-cardano-teeters-on-a-knife-edge
The post Arthur Hayes Doubles Down on Hyperliquid Prediction, Sees HYPE Overtaking Solana appeared on BitcoinEthereumNews.com.
Arthur Hayes, co-founder of BitMEX, set a $150 price target for Hyperliquid (HYPE) and said the token should surpass Solana (SOL) before the current bull run ends. Hayes posted the call on X, pushing back against widespread claims that the crypto market has turned bearish. Hayes Pushes Back on Bear Market Sentiment The posts drew quick skepticism. When one user declared they were in “a bear market,” Hayes replied that his speculative altcoin holdings disagreed. My shitcoin portfolio def in bull market. Choose better degen. — Arthur Hayes (@CryptoHayes) May 31, 2026 He argued that this divergence between broad market weakness and outperforming high-risk assets points to a bull market that remains intact for the right positions. Hayes has previously bought into HYPE, accumulating over 26,000 tokens. His latest posts suggest that position has grown into a high-con
The post Ethereum Tests Key Support as Rally Setup Builds appeared on BitcoinEthereumNews.com.
Ethereum tests key support near $2,023 as traders watch $2,725 resistance and signs of a potential rally ahead. Ethereum is testing a key ascending support area as traders watch for a possible bottom formation. The ETH price is near $2,023 on the daily Bitstamp chart, after losing the lower Fibonacci zone. Market focus is now on whether Ethereum can defend the $2,000 to $2,170 range and build a base for the next major rally setup. Ethereum Tests Ascending Support Near Key Zone Ethereum has returned to an area that traders view as a major support zone. The chart shows ETH near $2,023, close to the lower range between $2,000 and $2,170. This zone is important because it aligns with a broader ascending support structure. Traders have noted that Ethereum has formed higher lows across market cycles. $ETH/3D#Ethereum is reaching its bottom — and the setup is textbook.$ETH has been forming higher lo
The post Standard Chartered Keeps $40,000 ETH Target Despite 57% Price Decline appeared on BitcoinEthereumNews.com.
Key Takeaways Standard Chartered kept its $40,000 ETH target despite a 57% price decline. Ethereum’s network metrics remain near record levels, according to the bank. Stablecoins and tokenized assets are central to the bullish outlook. Why Standard Chartered Still Sees Ethereum Reaching $40,000 Ethereum’s underlying network indicators continue strengthening even as ETH remains far below recent highs, according to a May 28 research note from Standard Chartered’s Global Research team. Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered Bank, wrote that transaction numbers and total value locked, measured in ETH terms, remain near record levels. ETH has still fallen roughly 57% from its August 2025 peak, while ETH- BTC is down 37%. Standard Chartered argues the market is focusing on ETH’s price decline while overlooking stronger transaction and value
The post Why SOL Drops Harder in Macro Shocks appeared on BitcoinEthereumNews.com.
Solana rallies fast when risk is on — and sells off even faster when macro sentiment flips. That high-beta profile catches many investors off guard, especially around data releases or liquidity shocks. The April 2026 CPI print accelerated that pattern: headline inflation came in hot and triggered a broader de-risking in mid-May, with SOL among the notable underperformers during the week that followed U.S. Bureau of Labor Statistics (CPI release). At the same time, realized volatility for SOL sat at elevated levels into late May — roughly 41% (1-week), 43% (1-month), and 55% (3-month) annualized — far above most large-cap peers Glassnode Studio (Realized Volatility — SOL). Paradoxically, on-chain activity on Solana has looked strong. Messari’s Q1 2026 review shows record non-vote transactions and steady app revenues even as price and TVL declined — a reminder that markets often price liquidity and leverag
