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Stablecoins’ market cap surges to record high as US senate passes bill
According to CoinDesk data, the market capitalization of stablecoins hit an all-time high of $251.7 billion, up 22% so far this year. Stablecoins are a type of cryptocurrency designed to maintain a constant value, usually via a 1:1 peg with the U.S. dollar. They are commonly used by crypto traders to move fun … Read More >>

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Circle surges as US Senate clears path for stablecoin regulation
(Reuters) -Shares of Circle Internet jumped 16% in morning trading on Wednesday after the U.S. Senate approved a milestone stablecoin bill, fueling hopes for broader adoption of what was once a niche corner of the crypto sector.A rare show of bipartisan support marks a turning point in the fractured debate ov … Read More >>

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EV maker VinFast sets up first dealership in California
Backed by Vietnam’s largest conglomerate, Vingroup, VinFast has faced challenges including softer demand, stiff competition and the fallout of U.S. tariffs. In addition to the San Diego store, the company said it was seeking and evaluating opportunities for dealerships throughout California. Vingroup had init … Read More >>

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Nippon Steel’s purchase of U.S. Steel closes, with big role for Trump
(Reuters) -Nippon Steel’s $14.9-billion acquisition of U.S. Steel closed on Wednesday, the companies said, confirming an unusual degree of power for President Donald Trump after the Japanese company’s 18-month struggle to close the purchase.Under the deal terms, Nippon bought 100% of U.S. Steel shares at $55 … Read More >>

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