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JD.com, Ant Group Push for Yuan-Based Stablecoins to Counter Dollar Rule: Reuters
They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global role

Amber International Raises $25.5M to Expand $100M Crypto Reserve Strategy
The firm is allocating capital into bitcoin, Ethereum, Solana and other digital assets to support blockchain ecosystem growth.

Ondo, Pantera Capital to Invest $250M in Real-World Asset Projects
The new initiative aims to invest in projects that enhance tokenized finance and on-chain capital markets, Ondo said.

The Open Platform Becomes First TON Unicorn Following $28.5M Raise
The developer said it was valued at a $1 billion valuation in an extended Series A fundraising.

Tether to Mine Bitcoin With Adecoagro in Brazil Using Surplus Renewable Energy
The project aims to monetize surplus energy and potentially add BTC to Adecoagro’s balance sheet.

Abu Dhabi Ventures Into Bond Tokenization with HSBC and FAB as RWA Momentum Accelerates
The issuance of the first digital bond lays the groundwork for a broader set of tokenized assets like Islamic bonds and real estate products, ADX Group CEO said.

JPMorgan Sees Stablecoin Market Hitting $500B by 2028, Far Below Bullish Forecasts
88% of current stablecoin demand comes from crypto-native activity, with payments accounting for only 6%, the report said.

Asia Morning Briefing: SOL up 4% as Analysts Say Staking ETF (SSK) Has Strong Launch
The REX-Osprey Solana + Staking ETF (SSK) does better than the average ETF launch on the first day of trading, Bloomberg's Eric Balchunas said in a post on X.

BlackRock’s Bitcoin ETF Generating More Revenue Than Its Flagship S&P 500 Fund
The iShares Bitcoin ETF (IBIT) has a higher fee structure, allowing it to outpace the S&P 500 fund (IVV) despite not having anywhere near as much in assets under management.

Coinbase Is Driving Adoption of Circle's USDC for Payments, Financial Services: Bernstein
The crypto exchange is becoming one of USDC's most active advocates across payments and financial services, Bernstein said.
