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Circle’s Application: Circle, issuer of USDC, has applied for a U.S. national trust bank charter to manage its stablecoin reserves and offer institutional custody services. Regulatory Alignment: The move aligns with the proposed GENIUS Act, aiming to integrate stablecoins into the U.S. financial system under federal oversight. Strategic Shift: Post-IPO at an $18 billion valuation, Circle aims to directly oversee USDC reserves,...

Imminent Launch: The first U.S. Solana spot ETF with staking, led by REX Shares, may go live this week, per Bloomberg analysts. Innovative Structure: The ETF uses a C-corporation framework, bypassing traditional SEC filing hurdles, enabling faster market entry. Staking Benefits: Investors could earn passive income through Solana’s on-chain staking rewards, a first for U.S. crypto ETFs. Market Impact: Solana’s price rose 2% to...