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EU MiCA rules pose ‘systemic’ banking risks for stablecoins — Tether CEO

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Europe’s MiCA framework will enforce new bank reserve requirements for stablecoin issuers, raising concerns about systemic risks and stability.

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Coin Market

Alchemy Pay reveals plans to launch layer-1 blockchain

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Alchemy Pay said that users would have the option to pay their gas fees with fiat or its native ACH token. 

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Gelato secures $11M funding, adds Kraken’s Ink to rollup platform

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The latest round brings Gelato’s total funding to $23 million as it aims to expand its smart-contract automation platform.

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Peter Thiel’s fund pushes Infinex NFT investments to $67.7M

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Thiel co-founded PayPal and provided early funding for platforms like LinkedIn and Yelp.

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