Nasdaq Maintains IBIT Position Limit Amid Standardization

The post MoneyGram launches stablecoin-powered app in Colombia appeared on BitcoinEthereumNews.com. MoneyGram has launched a new mobile application in Colombia that uses USD-pegged stablecoins to modernize cross-border remittances. According to an announcement on Wednesday, the app allows customers to receive money instantly into a US dollar balance backed by Circle’s USDC stablecoin, which can be stored, spent, or cashed out through MoneyGram’s global retail network. The rollout is designed to address the volatility of local currencies, particularly the Colombian peso. Built on the Stellar blockchain and supported by wallet infrastructure provider Crossmint, the app marks MoneyGram’s most significant move yet to integrate stablecoins into consumer-facing services. Colombia was selected as the first market due to its heavy reliance on inbound remittances—families in the country receive more than 22 times the amount they send abroad, according to Statista. The announcement said future expansions will target other remittance-heavy markets. MoneyGram, which has nearly 500,000 retail locations globally, has experimented with blockchain rails since partnering with the Stellar Development Foundation in 2021. It has since built cash on and off ramps for stablecoins, developed APIs for crypto integration, and incorporated stablecoins into its internal settlement processes. “This launch is the first step toward a world where every person, everywhere, has access to dollar stablecoins,” CEO Anthony Soohoo stated. The company emphasized compliance, citing decades of regulatory experience, though stablecoin oversight remains fluid. The US Congress passed the GENIUS Act earlier this year, establishing a framework for stablecoin regulation, which MoneyGram has pointed to as providing clearer guardrails. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/moneygram-stablecoin-app-colombia

Drake has never been shy about betting big, but on the eve of Super Bowl LX, the global music star took it up another notch by placing a $1 million wager on the

The post Why Everyone Is Suddenly Ditching Dogecoin (DOGE) for a Cheaper Alternative Token appeared on BitcoinEthereumNews.com. SPONSORED POST* The buzz around meme coins has always been unpredictable, but the shift we are seeing right now is striking. Dogecoin (DOGE), long celebrated as the original meme coin, is slowly losing ground to a younger contender. Investors are now paying more attention to Little Pepe (LILPEPE), a coin priced under $0.004 that combines meme culture with real blockchain innovation.  At its current presale stage 13, LILPEPE is trading at $0.0022, and early investors have already seen gains of 120%. Even at this level, those entering could still enjoy 36.36% gains when the coin launches at $0.0030. Dogecoin (DOGE) – The Pioneer Showing Its Age Dogecoin has been the face of meme culture in crypto since 2013. Known as the coin of the people, DOGE built an empire on community strength and celebrity shoutouts. Its current trading price hovers around $0.20 with a market cap above $29 billion, showing that it still holds weight. But despite its dominance, DOGE has been struggling to reinvent itself. The lack of advanced features or deep integration with decentralized finance leaves it vulnerable in a market that now demands more than nostalgia. While DOGE still rallies whenever Elon Musk makes headlines, long-term investors are starting to realize the growth potential may be limited compared to younger, cheaper coins making their mark. Little Pepe (LILPEPE) – The Meme Coin With Real Utility Little Pepe is more than just another meme coin riding on internet culture. It is built on a next-generation Layer 2 network that delivers faster and cheaper transactions while staying Ethereum compatible.  The numbers speak loudly, too. The presale has already raised over $25.4 million with more than 15.7 billion tokens sold. Stage 13 is live at $0.0022, just a step up from the $0.0021 of stage 12, showing a steady upward…