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Coinbase unveils an American Express-powered credit card offering up to 4% in BTC rewards
Coinbase will launch the Coinbase One Card, an American Express-powered credit card that rewards users with bitcoin, this fall. ...

Shopify teams up with Coinbase and Stripe in USDC stablecoin payments push
Stripe said the ability for merchants to accept USDC will be available to Shopify merchants in 34 countries....

Succinct completes proving pilot for Sam Altman-backed World Chain, clearing potential path to becoming ZK rollup
The pilot initiative clears a path for World Chain to ultimately become a ZK rollup, according to Succinct....

The Daily: GameStop sinks 25% on $1.75 billion raise tied to bitcoin play, Bessent sees US stablecoin market topping $2 trillion, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Crypto is an ‘important lever,’ says former Harris and Obama advisor David Plouffe
Crypto is an "important lever" in the political landscape said David Plouffe, previously an advisor to former Vice President Kamala Harris....

XRP Ledger adopts USDC one week after Circle goes public
Circle's institutional stablecoin creation platform Circle Mint and developer-focused Circle API now support USDC on the XRPL, bolstering USDC's liquidity on the network. ...

Tether acquires 32% stake in Canadian gold-focused firm Elemental for $89 million
Tether Investments' approximate 31.9% stake in Elemental is worth around $89 million at an acquisition price of $1.14....

Democratic senators Warren and Blumenthal push back against Meta’s renewed stablecoin ambitions
Facebook's earlier Libra project collapsed under regulatory pressure, but a slew of Big Tech firms are now exploring stablecoin adoption....

Plasma doubles its deposit cap, clarifies it is eyeing $50M public sale at $500M FDV
Users who deposit stablecoins into Plasma's vault are able to earn the right to purchase Plasma's token, XPL....

Spot Ethereum ETFs pull in $240 million, beating Bitcoin ETFs’ $164 million daily inflows
Analysts attribute the inflows to positive regulatory discussions around DeFi and stablecoins, alongside a spillover effect from bitcoin....