According to the source, the Grayscale Digital Large Cap Fund covering BTC, ETH, XRP, SOL and ADA is scheduled to begin trading tomorrow, highlighting near-term listings risk and liquidity focus on large-cap crypto assets; source: today’s market roundup post. According to the source, PayPal’s PYUSD expanded to Abstract, Aptos, Avalanche, Ink, Sei, Stable and Tron via LayerZero’s Stargate Hydra, broadening stablecoin transfer venues across multiple L1/L2 networks; source: today’s market roundup post. According to the source, the White House is weighing additional candidates to chair the CFTC as Brian Quintenz’s nomination stalls, with potential picks including crypto-focused officials; source: Bloomberg, cited in today’s market roundup post. According to the source, JPMorgan said Circle faces intense competition as Tether, Hyperliquid and fintech firms prepare new U.S.-compliant stablecoin launches, underscoring growing pressure in the dollar stablecoin market; source: today’s market roundup post. According to the source, Nubank is testing integration of a digital dollar with its credit card, per vice chairman Campos Neto, signaling potential retail payments rails expansion; source: today’s market roundup post. According to the source, the first U.S. spot ETFs for Dogecoin and XRP are now live and trading, introducing new regulated access points for DOGE and XRP exposure; source: today’s market roundup post. According to the source, Plasma will launch its mainnet beta and native token XPL on September 25, with $2 billion in stablecoins active on the network from day one, indicating initial on-chain liquidity; source: today’s market roundup post. According to the source, SBF’s X account showed unusual mass follows, while FTT moved above 1 USDT with a 22.5% jump in the past hour, reflecting acute token volatility; source: today’s market roundup post. According to the source, Brera Holdings will rename as Solmate and launch a $300 million SOL treasury project in the UAE, signaling capital commitments centered on SOL; source: today’s market roundup post. According to the source, CZ thanked the community as BNB hit $1,000, up 10,000x from its $0.10 ICO price eight years ago, marking a significant milestone for BNB; source: today’s market roundup post.

According to the source, PayPal’s PYUSD stablecoin is expanding to Abstract, Aptos, Avalanche, Ink, Sei, Stable, and Tron via LayerZero’s Stargate Hydra, bringing global distribution and interoperability across nine blockchains, the source states. The source also notes that existing versions will upgrade to PYUSD0, a change that enables unified cross-chain transfers and new liquidity venues on the listed networks, per the source.

According to the source, PayPal’s stablecoin PYUSD is now live on the Stellar network, announced by Larry Wade of PayPal and Jose F. Da Ponte of the Stellar Development Foundation at Meridian 2025. According to the source, this confirms PYUSD’s availability for on-chain transfers on Stellar where supported by wallets, exchanges, and payment processors. According to the source, the launch adds a Stellar network route for PYUSD settlements that market participants can utilize when supported.

According to the source, three developments were reported that traders should validate and monitor for market impact. First, PayPal expanded its peer-to-peer service to support cryptocurrency transfers (source: the source). Traders should verify via the PayPal Newsroom and app release notes, then monitor PYUSD and stablecoin transfer volumes on-chain to gauge retail flow (sources: PayPal Newsroom; Etherscan; IntoTheBlock). Second, Coinbase’s Base network was said to be issuing a native token (source: the source). Confirm via Base and Coinbase official announcements, and watch Layer-2 TVL shifts and DEX volumes for rotation trades (sources: Base and Coinbase official X accounts and blog; L2Beat; DeFiLlama). Third, Bitcoin mining profitability reportedly declined 5% month over month (source: the source). Cross-check with Luxor’s Hashprice Index and HashrateIndex data, and track miner exchange flows to assess potential supply pressure on BTC (sources: Luxor Hashprice Index; Glassnode).

According to @StockMKTNewz, PayPal (PYPL) introduced PayPal links, a personalized, one-time link to send and receive money that can be shared in any conversation, signaling a new P2P payments flow, source: @StockMKTNewz. The post did not specify fees, regions, or rollout timing, leaving monetization and addressable market impact undisclosed for now, source: @StockMKTNewz. For crypto-focused traders, PayPal already offers crypto buy/sell and the PYUSD USD stablecoin via Paxos, making P2P UX changes relevant context for fiat on-ramp activity, source: PayPal newsroom (PYUSD launch, Aug 2023) and PayPal crypto product pages. No crypto or PYUSD integration was mentioned for the new PayPal links feature in the source post, source: @StockMKTNewz. Traders can monitor PYPL for updates on take rate and total payment volume in official filings to gauge revenue impact from new P2P features, source: PayPal investor relations disclosures.

According to @AggrNews, a PayPal press release states the company will integrate cryptocurrency into a new peer-to-peer payment flow supporting Bitcoin BTC, Ethereum ETH, and PYUSD, source: Aggr News on X, Sep 15, 2025, citing a PayPal press release. The announcement explicitly names BTC, ETH, and PYUSD as the supported assets within the new P2P flow, source: Aggr News on X, Sep 15, 2025, citing a PayPal press release. No additional details on rollout timing or geographic availability were provided in the cited post, source: Aggr News on X, Sep 15, 2025.

According to @MilkRoadDaily, Paxos has applied for a national trust charter with the U.S. Office of the Comptroller of the Currency (OCC). source: @MilkRoadDaily on X, Aug 14, 2025. The same source states Paxos joins Circle and Ripple in pursuing the same license. source: @MilkRoadDaily on X, Aug 14, 2025. Paxos issues USDP and serves as the regulated issuer of PYUSD for PayPal, making its regulatory status directly relevant to stablecoin markets. source: PayPal Newsroom (Aug 7, 2023); Paxos company disclosures. Circle is the issuer of USDC, and Ripple is associated with XRP. source: Circle official materials; Ripple company information.

According to @MilkRoadDaily, Paxos has applied for a national trust charter with the U.S. Office of the Comptroller of the Currency, with the author noting this would move oversight from a New York-only license to a single federal regulator and would not make Paxos a bank because it involves no lending or deposits. According to the New York State Department of Financial Services, Paxos Trust Company currently operates as a limited purpose trust company supervised by NYDFS. According to Paxos, it issues the USDP stablecoin and serves as issuer for PayPal’s PYUSD, with reserves held in cash and U.S. Treasury instruments and reported in monthly attestations. According to PayPal, PYUSD is an ERC-20 stablecoin issued by Paxos on Ethereum. According to the U.S. Office of the Comptroller of the Currency, national trust banks are federally chartered and supervised by the OCC.

According to @MilkRoadDaily, PayPal now lets merchants accept ETH with instant stablecoin conversion and eToro is tokenizing U.S. stocks onchain, both on Ethereum, positioning ETH as core settlement rails for TradFi flows (source: @MilkRoadDaily). For traders, the source highlights potential catalysts for ETH demand, onchain volumes, and RWA tokenization flows on Ethereum; key watchpoints include ETH spot liquidity, gas fees, and stablecoin (PYUSD) activity tied to merchant settlement (source: @MilkRoadDaily).

According to @ai_9684xtpa, payments giant Mastercard is significantly expanding its stablecoin initiatives by integrating PayPal’s PYUSD, Paxos-led USDG, and Fiserv's FIUSD into its global network, which already supports Circle's USDC. The source states these integrations aim to facilitate seamless cross-border payments, on/off-ramps, and merchant settlements, allowing consumers to use stablecoins at 150 million merchant locations. The analysis suggests that while traditional firms like Stripe are acquiring crypto solutions, the future belongs to crypto-native platforms with fully integrated, 'full-stack' infrastructure. Amidst this push for institutional adoption, market data shows positive momentum for major altcoins. Specifically, Ethereum (ETH) against USDT has risen by 2.189% to $2563.34, and Solana (SOL) against USDT has increased by 3.136% to $152.29, as per the provided data. This trend highlights growing market confidence as major financial players embrace regulated digital currencies.

According to @w_thejazz, payment giants Mastercard and Visa are significantly expanding their stablecoin initiatives, signaling deepening institutional adoption of digital currencies for mainstream payments. Mastercard is integrating PayPal's PYUSD, Paxos's USDG, and Fiserv's FIUSD into its global network, which already supports Circle's USDC. These integrations aim to enable stablecoin transactions for cross-border payments and spending at 150 million merchant locations. Concurrently, Visa is broadening its stablecoin settlement capabilities in Europe, the Middle East, and Africa, and has partnered with crypto exchange Yellow Card. Visa has already settled over $225 million in USDC volume, with one executive stating they believe every institution will need a stablecoin strategy by 2025. These moves are set against a backdrop of a rapidly growing $260 billion stablecoin market and regulatory advancements like the U.S. Senate's GENIUS Act, suggesting a major structural shift towards using regulated digital assets for faster and cheaper global transactions, which could enhance liquidity and on-ramps for the broader crypto market.

According to Matt Hougan, stablecoins are poised to dominate the $44 trillion cross-border retail B2B transaction market within the next five years. This assertion is backed by significant industry movements such as Stripe's acquisition of Bridge for $1.1 billion and PayPal's implementation of PYUSD payment rails, which are now accessible to 20,000 small- and mid-sized merchants. These developments indicate a growing acceptance and integration of stablecoins in mainstream financial operations, potentially leading to increased liquidity and reduced transaction costs for traders. (Source: Matt Hougan)

According to CCData, Coinbase has delisted six stablecoins that do not comply with MiCA regulations, including USDT, DAI, and PYUSD. Among the MiCA-compliant stablecoins, USDC and EURC are leading in trading volume, with USDC at $3.76 billion and EURC at $255 million. Despite the delisting, USDT continues to dominate the global market with a trading volume of $17.9 billion.

According to CCData, Coinbase has removed six stablecoins that do not comply with the Markets in Crypto-Assets (MiCA) regulation, including USDT, DAI, and PYUSD. In contrast, MiCA-compliant stablecoins like USDC and EURC are leading trading volumes on Coinbase, with USDC at $3.76 billion and EURC at $255 million. Despite the delisting, USDT remains the dominant stablecoin globally, with a trading volume of $17.9 billion.

According to CCData_io, today's crypto roundup highlights significant developments: Grayscale has expanded its investment offerings by adding an Aave Trust, which could attract more institutional interest in Aave. PayPal has successfully completed its first business transaction using its stablecoin PYUSD, marking a milestone in stablecoin adoption for business payments. Visa has launched a new blockchain platform, potentially enhancing its blockchain capabilities and services. Additionally, SUI, TAO, and FTM are identified as notable market movers, indicating potential trading opportunities.