Dogecoin experienced a notable surge of 5% following a $50 million acquisition of a mining firm by Thumzup, a Trump-linked entity, signaling strong institutional confidence in DOGE infrastructure. This uptick coincided with Wyoming’s introduction of the Frontier Stable Token, a state-backed stablecoin, and Federal Reserve officials hinting at a more accommodating stance towards digital assets. Meanwhile, Binance announced the Hemi (HEMI) Pre-Token Generation Event, allowing users to subscribe early to HEMI tokens, alongside a Booster Program offering airdrops. In Japan, Ripple and SBI Holdings are set to launch Ripple USD (RLUSD) by 2026, fully backed by U.S. dollar deposits, enhancing the country’s digital finance landscape. Additionally, Strategy, the largest corporate Bitcoin holder, is refining its acquisition strategy to minimize market impact, while EU officials are reevaluating the digital euro strategy in light of recent U.S. stablecoin legislation. These developments reflect a broader trend of institutional interest and regulatory evolution in the cryptocurrency space.
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