Western Union plans to launch a stablecoin debit card and has announced the issuance of its own USDPT in 2026, shifting from a remittance giant to blockchain settlement—another traditional financial institution embracing blockchain.
(Previously: IMF warns that stablecoins will erode central bank monetary sovereignty like a "Trojan horse")
(Background: Financial Times: US banks warn of "stablecoin bill" loopholes, fearing $6.6 trillion in deposits may flow out)
One of the world's oldest international remittance companies, Western Union, founded in 1851, has announced a partnership with crypto wallet provider Rain and Visa to launch a prepaid stablecoin debit card. This will allow recipients to hold crypto assets pegged to the US dollar, converting back to pesos only when making purchases or withdrawals.
US dollar stablecoins become a value-preserving channel
CFO Matthew Cagwin, speaking at the UBS Global Technology and AI Conference, referenced local inflation in Argentina

The valuation of the crypto market is mainly driven by "monetary premium," with BTC firmly holding its dominant position. Although alternative L1s rely on this narrative to maintain high valuations, due to a lack of substantial revenue and long-term underperformance compared to BTC, market confidence is waning; in the future, L1 valuations may continue to compress, and market share will flow toward Bitcoin. This article is sourced from Messari, compiled, translated, and written by BlockTempo.
(Previous context: US September core PCE lower than expected, "inflation under control"! Bitcoin rebounds and breaks above $91,000, Ethereum stands at $3100 )
(Background supplement: Is a rate cut in December certain? Fed mouthpiece: inflation data rising moderately)
Refocusing the conversation on why "cryptocurrency" itself is important is because this is the position that most capital in the industry is trying to acquire. The current total cryptocurrency market cap is $3.26 trillion. Among this, BTC accounts for

OpenRouter's "2025 AI Status Report" shows that AI is entering the era of agent-based reasoning, where users no longer see AI merely as chatbots, but as tools capable of solving complex problems. Open-source models from China, such as Qwen, are rapidly rising due to fast iteration and less content filtering, becoming a major force in the global market. Data shows that role-playing has become a primary use case for AI, indicating users’ preference for open-source models and a deep emotional connection with them.

Bill Gates has released his 2025 holiday reading list, recommending five books that cover infrastructure, climate action, media transformation, and human connection. He emphasizes the importance of pragmatic thinking and emotional connection in today's society, and hopes readers will gain inspiration and understanding from these selections.

International Precious Metals Market Shines: Spot silver prices broke through $59 in 5 days, hitting an all-time high. Inventory shortages and green energy demand are driving a market revaluation of metal values. (Previous context: Liquidity expert Michael Howell: "Bitcoin and gold" are the top choices for long-term inflation hedges.) (Background supplement: Rich Dad predicts target prices for four major assets: gold $27,000, silver $100, bitcoin $250,000, ethereum $60,000; keep buying during a market crash.)
International silver reached $59.33 per ounce intraday yesterday (5th), setting a historic high and becoming one of the best-performing assets of 2025. From around $29 per ounce at the beginning of the year, it soared over 100% to its current record level, significantly outperforming gold and bitcoin.
Gold (annual increase about 60%): from the beginning of the year

Don't panic! FB is not canceling the Like button. Meta announced that in 2026, only the embedded plugin for "external websites" will be discontinued; the functions within the app and official website will remain completely normal. This is a decision to phase out outdated technology and does not affect the daily interactions of regular users. (Background: Meta's Zuckerberg busy for nothing! Despite a hundred-million-dollar salary, three AI experts left in two months.) (Additional context: Meta's crypto payments making a big comeback? Rumors of stablecoin payments being tested internally on FB and IG—Zuckerberg hasn't abandoned his blockchain ambitions.) Recently, a message has been circulating on social media and in the press: "Facebook will cancel the Like and Comment features in 2026." This has caused anxiety among content creators and businesses, who worry that Meta plans to completely change its algorithm so that engagement rates will no longer matter.
However, this is entirely a case of "taking things out of context" and clickbait headlines.

SpaceX plans to conduct its initial public offering (IPO) in the second half of 2026, marking the first time the company has clearly outlined a timeline for going public. This shift is due to strong performance in its core rocket business, with the company's valuation expected to rise from $400 billion to $800 billion. It could become one of the largest IPOs in the United States and is drawing significant investor attention.

Moore Threads soared 468.78% on its first day of listing on the STAR Market, with its market value surpassing 270 billion yuan. Early investors saw book profits exceeding 6,200 times, making it one of the most profitable new stocks of the year and fueling market expectations for the prospects of high-end domestic computing chips in China. This article is sourced from Wallstreetcn and was compiled, translated, and written by Foresight News. (Previous context: Former Vice President of Bank of China Wang Yongli: Why does China resolutely halt stablecoins?) (Background supplement: The other side of the US AI boom: "Working for" Chinese Bitcoin miners)
As China's "first domestic GPU stock," Moore Threads’ debut on the STAR Market ignited market enthusiasm with its astonishing surge. This not only directly affirms its technological scarcity but also highlights the strong optimism for the prospects of high-end domestic computing chips in China amid the wave of artificial intelligence. December

U.S. federal prosecutors formally submitted a sentencing recommendation to the Southern District Court of New York on Friday (5th), requesting a 12-year prison sentence for Terraform Labs co-founder Do Kwon. (Background: Do Kwon admits to fraud: I deceived those who purchased)

James Butterfill, Head of Research at digital asset management firm CoinShares, stated that the speculative bubble of Digital Asset Treasuries (DAT) has indeed burst from many perspectives.
(Previous context: Texas spent $5 million to purchase BlackRock IBIT: After DAT fizzles out, can SBR take over and reignite the Bitcoin bull market?)
(Background supplement: Wall Street resists DAT? MSCI considers excluding "crypto treasury companies" like MicroStrategy from index components)
James Butterfill, Head of Research at digital asset management firm CoinShares, published a lengthy blog post on December 5, directly pointing out: Digital Asset T

After the United States passed stablecoin legislation, Wall Street has been engaged in intense discussions over whether it can truly strengthen the status of the US dollar and become an important buyer of short-term US Treasury bills. Most analysts believe it is still too early to conclude that stablecoins are a "game changer." This article is sourced from Bloomberg, compiled, translated, and written by PANews. (Previous context: IMF warns: Stablecoins will erode central bank monetary sovereignty like a “Trojan Horse”) (Background supplement: Financial Times: US banking industry warns of “stablecoin bill” loopholes, fears $6.6 trillion in deposit outflows)
The United States' passage of landmark stablecoin legislation is sparking fierce debate on Wall Street: can this digital asset truly strengthen the US dollar’s status and become a significant demand source for short-term US Treasury bills ((T-bills))?
Despite differing opinions, strategists at companies such as JPMorgan, Deutsche Bank, and Goldman Sachs all agree that whether the US

The European Commission has imposed a €120 million fine on Musk’s social platform X for violating the transparency requirements of the Digital Services Act. The investigation covers issues such as content moderation, advertising databases, and data access. If the platform fails to rectify these issues, the fine could reach up to 6% of its global annual revenue.

Is protesting against banks effective? Not sure, but a Taiwanese individual vented their frustration by making consecutive withdrawals at a bank. (Background: "Crypto dealer comes to your home" has become a new scam tactic in Taiwan! The Financial Supervisory Commission now regulates individual crypto dealers to prevent fraud: More than 3 transactions must be reported.) (Additional context: Fraudulent charges hit AllPay users! Strong denial: “There is no ‘dark web sale’ of PX Mart member credit card database,” etc.)
In recent years, banks have tightened their “risk control” mechanisms to prevent scams, but this has also led to frequent complaints about inconvenience. Since September this year, many people have unexpectedly discovered their accounts have been “locked for risk control,” requiring them to visit a branch in person to unlock them, or limiting them to over-the-counter services only.
Recently, a dissatisfied customer protested the bank’s risk control measures by going to a branch and making a statement through action: he requested to withdraw only NT$100 each time, but did so 50 times in a row, prompting the bank to ask him to stop. This protest sparked a lot of online discussion.

Nassim Nicholas Taleb, the author of the Black Swan theory, published a new paper pointing out that many people’s sense of security regarding “stop-loss” is actually a misconception. He emphasizes that stop-loss is not a talisman that reduces risk, but rather concentrates the originally dispersed probability of loss at a single price point, creating an insidious yet more dangerous “hidden spike risk.” (Previous context: Has the Bitcoin top-escape indicator failed? How should investors recalibrate?) (Background supplement: How to survive the Bitcoin winter? Investment strategies, tips, and bottom detection) On December 4, Nassim Nicholas Taleb, the author of the Black Swan theory, shared his latest paper “Trading With a” on the X platform.

JPMorgan predicts that Bitcoin could surge to $170,000 within a year, but notes that if Strategy loses its mNAV or gets removed from the MSCI index, it could impact the short-term rally.
(Previous context: BlackRock CEO publicly admits his mistake: Bitcoin isn’t just for crime; it’s a highly volatile fear asset)
(Background supplement: Crypto ETF funds are exiting at lightning speed. Can issuers like BlackRock still make money?)
Bitcoin (Bitcoin) surged past $94,000 yesterday and is currently fluctuating around $92,000, with neither bulls nor bears showing a clear upper hand. However, JPMorgan recently released a report raising its 6- to 12-month price target for Bitcoin to $170,000, which represents an estimated increase of over 80% from current levels.
The bank’s analysts believe that macro hedging demand will eventually drive prices to new highs, but also caution that short-term...

The original team of Signature Bank has established a full-reserve bank, N3XT, under a Wyoming SPDI license, combining blockchain to create 24/7 programmable payments, aiming to eliminate run risks and respond to market demand for crypto-friendly infrastructure. (Previous context: Crisis replay? New York Community Bank’s stock price plummets 40%, struggling a year after taking over the failed Signature Bank) (Background supplement: US FDIC makes a U-turn! Denies requiring Signature Bank buyers to "abandon crypto business") Wall Street is once again seeing familiar names today, as Signature Bank founder Scott Shay and former COO Jeffrey Wallis announced that their new bank N3XT, which has obtained an SPDI license in Wyoming, is officially operating. Two years ago,