[Wu Blockchain News] WuBlockchain Weekly: Goldman, Citi Back $270M Stablecoin Project, Ethereum Eyes Earlier Quantum Upgrade, Coinbase Wins Trust Bank Approval
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Goldman Sachs, Citi and other financial institutions committed $270 million to a joint stablecoin project, signaling continued TradFi interest in tokenized payment infrastructure. Ethlabs proposed moving Ethereum’s quantum-resistant upgrade forward to 2027, while Coinbase secured final OCC approval for a national trust bank charter. The SEC endorsed the CFTC’s approval of single-stock perpetual futures, and OKX and ICE set a November 23 launch for their tokenized securities venue. USDT’s market cap contracted by $6.6 billion over 60 days, and 14 public companies have collectively sold more than 108,000 BTC this year. Watch for the stablecoin venture’s structure and bank participation, Ethereum’s revised upgrade timeline, and whether USDT outflows and corporate BTC selling persist.
Muhabbit's AI wrote this summary in its own words from Telegram's report. It can get details wrong, so check the source.
Named in this story
A linked name opens that asset's sentiment page.