Happy Friday! Binance Bytes is an initiative by the Research team to provide a quick round-up of the week.

Highlights 🧵:

1/ Jack Mallers teams up with Tether, SoftBank, and Cantor Fitzgerald to launch Twenty One, valued at US$3.6B, with plans to continue acquiring and holding BTC exclusively. Twenty One Capital, developed through a reverse merger with Cantor Equity Partners—a special acquisition company that raised US$100M in 2023—aims to mirror the strategy adopted by Michael Saylor’s MicroStrategy and has begun operations holding 42,000 BTC.

2/ PayPal launches a loyalty program with a 3.7% yield on stablecoin balances. This move incentivizes customers to earn yield on their stablecoin holdings, which will be paid in PayPal’s USD stablecoin (PYUSD) starting this summer.

3/ Circle announces the Circle Payments Network (CPN) to transform global money movement. CPN marks the next chapter in Circle’s roadmap—from being a stablecoin issuer to powering a globally connected payments network.

Happy Friday! Binance Bytes is an initiative by the Research team to provide a quick round-up of the week.

Highlights 🧵:

1/ VanEck’s Matthew Sigel introduces “BitBonds,” a hybrid debt instrument combining U.S. Treasuries with 10% Bitcoin exposure to address U.S. debt refinancing needs. This innovative asset class aims to incorporate digital assets into government debt structures.

2/ Amid market uncertainty, Michael Saylor’s Strategy increases its Bitcoin holdings to over $35.9B, demonstrating continued confidence in Bitcoin despite global trade tensions and macroeconomic challenges.

3/ Raydium introduces ‘LaunchLab,’ a competitor to Pumpdotfun, allowing creators to easily launch new tokens with integration into Raydium’s liquidity pools and enabling third-party platforms to set transaction fees.

Binance Research pinned «The Pectra and Fusaka upgrades are expected on the Ethereum mainnet on 7 May and late 2025 respectively. We break down the upgrades and posit what it means for Ethereum in the long term in our latest report. Read here ⬇️ https://www.binance.com/en/rese…»

The Pectra and Fusaka upgrades are expected on the Ethereum mainnet on 7 May and late 2025 respectively.

We break down the upgrades and posit what it means for Ethereum in the long term in our latest report.

Read here ⬇️
https://www.binance.com/en/research/analysis/pectra-and-fusaka-upgrades-what-does-it-mean-for-ethereum/

Happy Friday! Binance Bytes is an initiative by the Research team to provide a quick round-up of the week.

Highlights 🧵:

1/ VanEck confirms Russia and China are settling energy transactions using BTC and other digital assets, signaling a move away from U.S. dollar dominance in global trade. With Trump’s tariff policies intensifying global trade divide, more countries are reportedly exploring similar crypto-based strategies.

2/ Donald Trump has signed a resolution repealing an IRS rule that would have required DeFi platforms to report crypto transaction data to the tax agency starting in 2027. This marks the first time a U.S. president has signed a standalone piece of crypto-focused legislation.

3/ Ripple’s US$1.25B acquisition of Hidden Road, a prime broker serving 300+ institutional clients with US$3T in annual clearing across FX and digital assets, marks a major step toward institutional adoption of the XRP Ledger, with plans to move some of Hidden Road’s daily clearing volume onto XRPL.

Binance Research pinned «Tariffs are shaking markets, fueling uncertainty and risk-off sentiment. But can Bitcoin move past near-term stress and reassert its status as a macro outlier? We explore recent macro drivers and how crypto fits into a protectionist world. Read here ⬇️ …»

Tariffs are shaking markets, fueling uncertainty and risk-off sentiment. But can Bitcoin move past near-term stress and reassert its status as a macro outlier?

We explore recent macro drivers and how crypto fits into a protectionist world.

Read here ⬇️
https://www.binance.com/en/research/analysis/tariff-escalation-and-crypto-markets/

Binance Research pinned «Time to look at April's market insights! Discover the current market landscape and key insights on: 🔸 BTC Long-Term Holder Trends 🔸 DEX and Wallet Market Share 🔸 Memecoins …and more. Read here ⬇️ https://www.binance.com/en/research/analysis/monthly-market…»

Time to look at April's market insights!

Discover the current market landscape and key insights on:
🔸 BTC Long-Term Holder Trends
🔸 DEX and Wallet Market Share
🔸 Memecoins
…and more.

Read here ⬇️
https://www.binance.com/en/research/analysis/monthly-market-insights-2025-04/

Happy Friday! Binance Bytes is an initiative by the Research team to provide a quick round-up of the week.

Highlights 🧵:

1/ Itaú Unibanco, LATAM’s largest bank, is exploring the launch of a stablecoin pegged to the Brazilian Real, pending regulatory clarity from the Central Bank. This move aligns with a broader trend of banks developing in-house stablecoins, driven by increasingly favorable regulatory environments.

2/ Block CEO Jack Dorsey confirmed the company is working to enable Bitcoin payments on its Square terminals and Bitkey wallet, stressing that Bitcoin must be usable for everyday transactions to stay relevant.

3/ Mastercard is developing a blockchain-powered Multi-Token Network to bridge traditional finance and digital assets, targeting seamless transactions similar to Venmo or Zelle. The company has partnered with major banks like JPMorgan and Standard Chartered, introduced over 100 crypto-focused card programs, and filed more than 250 blockchain-related patents.