Latest from Sam Reynolds
Asia Morning Briefing: What's the Real Use for a Yen Stablecoin? An Onchain Carry Trade
Unlike most Asian currencies, the yen moves freely across borders, making it the perfect vehicle for an on-chain carry trade that blends Japan’s easy money with DeFi’s appetite for yield.

DBS, Goldman Sachs Execute First Over-the-Counter Interbank Crypto Options Trade
DBS said the deal involved trading cash-settled OTC bitcoin and ether options.

World Liberty Financial to Airdrop 8.4M WLFI Tokens to Early USD1 Users
The Trump-backed stablecoin project is rewarding early adopters through its USD1 points program, distributing tokens across six exchanges as it expands into DeFi and real-world asset integrations.

XRP and SOL Futures Open Interest on CME Hits Record High
Record XRP and Solana futures activity pushed open interest on the derivatives giant’s platform to roughly $3 billion, signaling renewed retail and institutional appetite for altcoin exposure.

Recent Bitcoin Crash Has Put $1B in sUSDe Loop Trades at Risk, Research Firm Says
looped positions that rely on borrowing stables to buy sUSDe are at risk, Sentora Research said.

Asia Morning Briefing: Bitcoin Holds Ground as Traders Sit on Stablecoins Before Fed Decision
The market is confident that the Fed will cut rates. But crypto traders are still waiting for confirmation.

How a Bot Glitch Sent Hyperliquid’s HYPE Token Soaring to $98
The near-$100 spike on rival DEX Lighter wasn’t whale activity but an automated trading error that exposed the challenges of maintaining transparency and usability on decentralized exchanges.

Asia Morning Briefing: Crypto Markets Brace for a Pivotal Week as Trump–Xi Talks and Fed Decision Loom
Traders are betting on a Trump–Xi breakthrough and a dovish Fed pivot to revive “Uptober,” though markets remain wary that rare-earth restrictions and the U.S. shutdown could spoil the rally.

Alibaba Affiliate Ant Group Files ‘AntCoin’ Trademark in Hong Kong, Hinting at Crypto Ambitions
While the filing doesn’t confirm a token launch, it shows Ant Group laying legal groundwork to merge its Alipay ecosystem with regulated Web3 and stablecoin infrastructure.

Japan's New Yen Stablecoin is Asia’s Only Truly Global Fiat-Pegged Token
With the yen freely convertible and backed by Japan’s deep government bond market, JPYC’s launch stands apart from the region’s onshore-only experiments in Korea, Taiwan, and beyond.

