BitMine reduces Ethereum purchase speed, adds $620 million ETH

Boundary Labs has completed a $2 million Pre Series funding round, led by Galaxy Ventures, with participation from First Block Capital, BlackWood, and others. The company plans to launch institutional level stablecoin USBD and staking version sUSBD on the Ethereum mainnet in the summer of 2026. USBD will disclose daily reserve status, net asset value, and agreement data, and adopt over collateralization and market neutral hedging strategies to reduce market volatility and directional risk. Boundary means that the protocol does not use recursive leverage, and the source of returns remains a market neutral structure. （The Block）

Gate’s CBO argues that Bloomberg’s warning of a TradFi takeover is "oversimplified," noting that global exchanges evolved past fee-only models years ago. What to know : Morgan Stanley is launching crypto trading on its E*Trade platform with a 50-basis-point fee, undercutting rivals like Coinbase, Robinhood and Schwab and intensifying a price war in digital-asset trading. Traditional finance analysts say the move could sharply compress margins for U.S. crypto exchanges, while crypto-native executives argue that global platforms have already diversified beyond spot-trading fees. Industry leaders see Morgan Stanley’s entry as both a competitive threat to U.S. exchanges and a positive step for mainstream crypto adoption, likely pushing exchanges further into derivatives, DeFi and international markets.

Senator Bernie Moreno said that banks are panicking about the Crypto Clarity Act, accusing it of profiting from deposits for a long time and worrying that stablecoins threaten its monopoly position. （Watcher.Guru）

US President Trump praises the performance of the US stock market.

According to sources reported by The Wall Street Journal, the Trump administration will temporarily reduce beef import tariffs, affecting all beef exporting countries.