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Mastercard launches stablecoin payment support via partnerships with major crypto companies

Mastercard announced new stablecoin payment functionalities on April 28, aiming to enable consumers to spend stablecoins and merchants to receive them across its global network. The company is collaborating with crypto-native and fintech partners, including OKX and Nuvei, to integrate stablecoins into traditional payment flows. The initiative introduces a 360-degree framework covering wallet enablement, card…

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Ethereum Foundation introduces new leadership model based on management team, board of directors

The Ethereum Foundation (EF) announced a restructuring of its leadership on April 28, highlighting the focus areas of its two co-executive directors and separating the work areas of its management team and board of directors.  The changes are part of an effort to enhance strategic execution, strengthen internal operations, and further support the Ethereum (ETH)…

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Tether’s $770M XAUT Backed by 7.7 Tons of Gold in Swiss Vault, Says Company

Tether’s gold-backed stablecoin, Tether Gold (XAUT), reached a $770 million market capitalization as of April 28, according to the company’s first attestation under El Salvador’s financial regulations. “While central banks are stacking up hundreds of tons of gold, XAUt is set to become the standard tokenized gold product for the people and institutions,” Tether CEO…

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Bitcoin price cools off amid worrying macroeconomic data — Will $95K hold this week?

Key Takeaways: Bitcoin price dropped alongside falling Treasury yields, signaling investors’ flight to safer assets. Strategy’s $4.28B Bitcoin purchases and stock market strength have supported BTC above $90,000. A true breakout toward $100,000 will require Bitcoin to decouple from equities and stronger liquidity signals. Bitcoin (BTC) experienced a sharp $2,000 correction to $93,500 on April…

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