💸- Shopify now supports USDC payments ! - 13/06/2025
But also : US Senate to vote on GENIUS Act on June 17, 30.9% of Bitcoin supply is held by centralized players and the SEC postpones its decision on several ETFs again
Hello 👋
Welcome to your daily two-minute briefing on the latest developments in the Web3 space.
🔥 TODAY'S HOT NEWS
Shopify accepts USDC for payments
Shopify is accelerating its shift towards cryptocurrencies. The e-commerce platform is now offering its merchants the option of accepting USDC payments. This has been made possible through a strategic partnership with Coinbase and Stripe.
Initially made available through an early access program, this option will be available worldwide by the end of 2025. Payments are made via the Base network, and customers can pay in USDC from a variety of wallets.
Merchants will have their funds automatically converted into their local currency, with no exchange fees or technical management required. They can also choose to keep their USDC.
The solution is technically based on an open-source protocol developed with Coinbase that is designed to address retail constraints such as tax management, refunds and deferred authorisations.
With this integration, Shopify continues to establish itself as a leader in online commerce. It will appeal to a global customer base, simplify cross-border payments and capitalise on the growing popularity of stablecoins.
💎 MARKETCAP
🟠 BITCOIN : 104 774 $ 📉
🔵 ETHER : 2 520 $ 📉
🟢 FEAR & GREED : 54 📉
JPMorgan, Chainlink, and Ondo complete unprecedented cross-chain transaction
A token backed by US bonds was exchanged for fiat currency between a private blockchain and Ondo Chain. This first was made possible by Chainlink.
US Senate to vote on GENIUS Act on June 17
It will need to be harmonized with the House's STABLE Act, but could pave the way for massive growth in the stablecoin market in the United States.
SEC postpones decision on several ETFs
Bitwise (DOGE), Grayscale (HBAR), and VanEck (AVAX) will have to wait: the SEC has postponed its verdict and is seeking public comments.
A bill to protect crypto entrepreneurs in France
Sponsored by MP Paul Midy, the bill aims to strengthen protection for figures in the crypto ecosystem. In particular, it provides for the automatic removal of their personal addresses from public registers.
🐸 MEME OF THE DAY
30.9% of Bitcoin supply is held by centralized players
According to Gemini and Glassnode, 216 entities hold nearly a third of all BTC in circulation. This trend marks a growing institutionalization of the market and a new era for asset ownership.
Chinese national arrested for fraud worth over $6 million
He was arrested on June 12 at Don Mueang Airport in Bangkok while attempting to flee to Singapore. He is accused of receiving bitcoins from two Chinese investors during a meeting in Chiang Rai, without ever honoring the promised returns.
Shaquille O'Neal pays $1.8 million to settle FTX case
The former NBA star has settled a class action lawsuit accusing him of promoting unregistered securities through FTX. The settlement, pending approval, will compensate users and grant him immunity from further legal action related to the case.
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Have a great day,
Emma and Ben
