Dig Deeper, Invest Smarter
Per a recent statement released by the United States SEC, spot Ethereum and Bitcoin ETFs will now be able to perform in-kind redemptions for their clients. This move represents a change from the previous requirement that limited these transactions to cash only. New SEC Regulation Puts Bitcoin ETFs on the Same Standards as Gold ETPs Based
The post Breaking: SEC Approves In-Kind Redemptions in Ethereum and Bitcoin ETFs appeared first on CoinGape.
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), has entered into a memorandum of understanding (MoU) with Circle Internet Group to explore new product innovations using Circle’s USDC stablecoin and USYC tokenized money market fund.
The collaboration aims to leverage the capabilities of these digital assets to enhance ICE’s existing offerings across its various markets and services.
The partnership between NYSE’s ICE and Circle is designed to integrate Circle’s stablecoin, USDC, and the tokenized money market fund, USYC, into ICE’s range of services, including derivatives exchanges and clearinghouses.
As cited by Lynn Martin, the president of the NYSE, the integration is to open great potential for wider adoption of Circle’s stablecoins across capital markets.
According to Martin, ”We think that our regulated stablecoins or tokenized digital currencies will be even more relevant to capital markets as the coins are expected to be accepted by fair and informed market players as another equivalent to USD.”
The two parties will seek to identify potential sectors where USDC and USYC are likely to be of relevance, which are aimed at promoting stability as well as efficiency in financial markets.
To seek possible solutions that achieve tangible value addition to the company, ICE proposes examining how it might integrate Circle’s USDC and USYC into the organization’s workflow. As a player in the global financial markets, ICE offers technology and data solutions to many institutions.
By incorporating Circle’s digital assets, it will be able to perform a unique role of linking conventional financial structures and new digital currencies. USDC is a stablecoin developed by Circle, with each token having a value equivalent to that of one US dollar. It is fully supported by cash and cash equivalent securities and its redeemable at face value which makes it highly liquid.
BREAKING NEWS: Global exchange and capital markets giant Intercontinental Exchange (ICE) and Circle moved towards the integration of USDC into their markets products and infrastructure.
In a major development in the stablecoin market, today we announced an agreement with ICE, to…
— Jeremy Allaire – jda.eth / jdallaire.sol (@jerallaire) March 27, 2025
With over $60 billion in circulation, USDC ranks among the largest stablecoins as of 2025 in March. The stablecoin is mainly used in the cryptocurrency market although it has extended its applicability to payment systems and cross border transactions. At the same time, Circle has listed its USDC stablecoin in Japan. This comes after one of Circle’s local partner was recently approved to list the digital currency after it got the green light from the regulators.
In conjunction with USDC, both ICE and Circle are expected to consider employing USYC, a money market fund tokenized. USYC is supposed to be a stable and efficient instrument for investing in short-term debt securities and its liquidity is as close to money market funds.
It is created by Hashnote, a company that was bought by Circle. As for now, Circle pursues the money market funds tokenization to make its shares more accessible, transparent, and efficient for investors interested in short-term loans without having a full-fledged business model.
Other potential uses of the USYC include the implementation of the system in ICE clearinghouses and other financials. This could provide additional approaches to addressing the issue of liquidity while also embracing blockchain capabilities for enhancing operations.
As the regulatory landscape surrounding cryptocurrencies continues to evolve, the partnership between ICE and Circle signals a broader trend of traditional financial institutions adopting digital assets. Since all governments, including that of the United States, are developing legislation on stablecoins, the application and implementation of digital assets are likely to rise.
USDC is one of the most popular stablecoins in the world and its further perspective to become a reliable means of carrying out operations on financial markets is gradually developing. This collaboration may serve as a crucial point in the evolution of the digital currencies in the traditional finance as it enables the latter to create products that would correspond to the existing industry standards.
Both businesses are confident that their cooperation will help in enhancing the use of digital currencies and stablecoins in the global financial market. Given that many financial giants like Fidelity Investments and CME Group are also experimenting with tokenization and stablecoin solutions, it can be seen that mainstream adoption of digital assets is a growing trend.
The post Just In: NYSE’s ICE and Circle To Develop New Solutions Using USDC and USYC Stablecoins appeared first on CoinGape.
American streaming giant Netflix Inc. is set to tell the story of Sam Bankman-Fried, the founder and former CEO of FTX Derivatives Exchange. In what it described as a Limited Series to help the masses learn about crypto, the company has named the cast for the effective altruism purveyor. While the firm refused to give a timeline for when the movie will air, it confirmed it will also feature Caroline Ellison, the CEO of Alameda Research. Netflix and the Sam Bankman-Fried Story According to the streaming platform, the title of the upcoming show is ‘The Altruist,’ a new eight-episode limited series about Sam Bankman-Fried and Caroline Ellison. The company said Julia Garner, the acclaimed Actress who starred in Inventing Anna and The Ozarks, will portray Caroline Ellison. Anthony Boyle from the House of Guinness will play Sam Bankman-Fried. While no one knows the unique twists ahead, it will likely feature… Read More at Coingape.com
The post Netflix Unveils Cast For Upcoming Series About Sam Bankman-Fried’s FTX appeared first on CoinGape.
Perpetuals, Made In USA coins, and meme coins are the top three crypto narratives to watch for the second week of March. Perpetuals tokens like HYPE and WOO are down over 12%, but strong trading activity and high revenue suggest a potential rebound.
Made In USA coins, including PI, ADA, and HBAR, have suffered major losses amid broader market turmoil, but the recovery could be near if market conditions stabilize. Meme coins have been hit hard, but their history of sharp rebounds suggests they could lead the next rally if sentiment shifts.
Perpetuals coins appear to be setting up for a rebound after a rough week, with HYPE and WOO both down more than 12% in the last seven days. Perpetuals platforms are exchanges that allow traders to buy and sell perpetual futures contracts, which have no expiration date.
These platforms use a funding mechanism to keep contract prices aligned with the spot market while enabling traders to take long or short positions with leverage.
Despite the recent downturn in some perpetuals tokens, the sector continues to see strong activity, with high trading volumes and fees generated across key platforms.
Hyperliquid remains the dominant force in the perpetuals space, generating an impressive $12 million in fees over the past week, outperforming major DeFi apps like Jito, Maker, Solana, Ethereum, Raydium, and Pumpfun.
However, this level of dominance also suggests that the market has room for competitors to emerge and challenge its position. Arkham, for instance, has surged 14% in the last 24 hours. That signals that some traders are betting on alternative projects within the perpetuals ecosystem.
Overall, these trends make perpetuals one of the must-watch crypto narratives of the week.
The biggest Made In USA coins have all suffered significant losses in the past week, with PI dropping 22.6%. ADA and HBAR both down 18.9%. Made In USA coins refer to cryptocurrencies that have strong ties to the United States, whether through their founding team or company headquarters.
This category includes projects that often attract regulatory scrutiny or benefit from US-based institutional backing. The latest downturn aligns with broader market weakness, as both the crypto and stock markets have been hit hard in the past 24 hours.
The US stock market saw a massive $4 trillion wipeout following Trump’s push for new tariffs. Given the scale of this correction, a potential rebound could be on the horizon if investors view the recent dip as an overreaction. That could positively impact crypto, driving a new surge.
Historically, sharp declines in both crypto and equities have been followed by strong recoveries, especially when macroeconomic fears subside.
While the downtrend remains intact for now, a shift in sentiment could trigger a bounce for Made In USA coins if market conditions stabilize.
Meme coins remain one of the most volatile crypto narratives. They often experience the biggest surges during bullish phases and the sharpest corrections during downturns.
This volatility has been evident in the past week, as the biggest meme coins have taken a heavy hit. Dogecoin (DOGE), the largest meme coin by market cap, has dropped more than 17% in the last seven days.
TRUMP is down over 14%, and PEPE and BONK have both lost more than 10% during the same period.
However, if the crypto market stages a rebound this week, meme coins could see some of the strongest recoveries. Historically, these assets tend to outperform in fast-moving uptrends due to their speculative nature and the rapid inflow of retail interest.
The last major surges in meme coins occurred after broader market rebounds reignited hype and aggressive buying activity.
If sentiment shifts and liquidity returns, DOGE, TRUMP, PEPE, and BONK could quickly reclaim lost ground. That could potentially lead to another wave of explosive gains in the meme coin sector.
The post Top 3 Crypto Narratives to Watch For the Second Week of March appeared first on BeInCrypto.