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List of Flash News about Bitcoin Stablecoin

Time Details
2025-07-02
15:08
WLFI Token Goes Tradable Fueling Speculation; Bitcoin Stablecoin Network Plasma Hits $1B Deposit Cap in 30 Minutes

According to @rovercrc, the Trump-affiliated World Liberty Foundation is pivoting to make its WLFI token transferable, a reversal from its initial non-tradable promise. The project's official X account announced the team is working to enable trading, which would allow holders to speculate on the token's price on secondary markets, though no timeline has been provided. In separate news, the Bitcoin-based stablecoin network Plasma demonstrated immense investor demand by raising its deposit cap to $1 billion and seeing it filled within 30 minutes. These deposits grant participants the right to buy into the eventual $50 million XPL public sale at a $500 million valuation. Arkham data previously showed a $500 million cap filling in just five minutes. Plasma aims to offer a zero-gas environment for stablecoin transactions, starting with USDT, on its EVM-compatible sidechain anchored to Bitcoin's security.

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