Morning Minute is a every day e-newsletter written by Tyler Warner. The evaluation and opinions expressed are his personal and don’t essentially mirror these of Decrypt. Subscribe to the Morning Minute on Substack.
GM!
At this time’s prime information:
Crypto majors fall 1-2% forward of FOMC right now; BTC at $113,200
Bitwise SOL ETF breaks 2025 document for launch day quantity
Western Union introduced stablecoin on Solana
MetaMask introduces Season 1 of rewards with $30M up for grabs
The world’s greatest cash switch firm goes on-chain.
And it didn’t decide Ethereum or Bitcoin.
📌 What Occurred
Western Union, the 173-year-old international cash switch big, simply introduced it’s launching a stablecoin on Solana.
Western Union will subject a U.S. greenback stablecoin referred to as USDPT, constructed on Solana, with custody offered by Anchorage Digital.
The rollout begins in 2026, concentrating on lots of of tens of millions of customers throughout LatAm, Africa, and Southeast Asia, areas the place stablecoins already dominate actual financial utilization.
The stablecoin will plug straight into Western Union’s present licensed fiat rails and 4,500+ corridors, enabling folks to maneuver {dollars} throughout borders with out banks, ACH delays, or predatory FX charges.
And right here’s the curveball: Western Union says it plans to maintain supporting cash-in and cash-out places, successfully turning into a worldwide on/off ramp for Solana.
🗣️ What They’re Saying
“For 175 years, we’ve been connecting folks, transferring $150 billion a yr. Digital property is the following evolution. We checked out alternate options, and got here to the conclusion that Solana was the best alternative.” – Devin McGranahan, CEO of Western Union
Why is Western Union launching a stablecoin on Solana?
> This is what Devin McGranahan, CEO of Western Union, mentioned 👇
“For 175 years, we have been connecting folks, transferring $150 billion a yr. Digital property is the following evolution.
The most important remittance firm on earth is stepping immediately into stablecoins.
That is huge for each Solana and stablecoins.
Solana simply obtained validation from a serious funds participant on a worldwide scale.
Funds is crypto’s greatest real-world use case right now, and Solana now anchors the biggest remittance migration play in historical past.
As for stablecoins, the are clearly consuming the world, and Western Union is capitulating in.
International remittances are a $860 billion market. If even 10% of these flows transfer to stablecoins over the following two years, that’s $86 billion in annual on-chain quantity.
Largely on Solana.
Stablecoins are the longer term – and Solana is part of that future.
A very nice narrative win, on the identical day that Bitwise’s Solana ETF set the document for highest quantity for any new ETF launch in 2025.
I ponder if BlackRock is watching…
🌎 Macro Crypto and Memes
A number of Crypto and Web3 headlines that caught my eye:
Crypto majors are pink forward of right now’s FOMC; BTC -1% at $113,100, ETH -3% at $4,000, BNB -2% at $1,115, SOL even at $199
TRUMP (+19%), Pi (+14%) and AERO (+6%) led prime movers
Trump Medialaunched a brand new prediction market referred to as Fact Predict
Visawill begin taking funds in 4 completely different stablecoins throughout 4 blockchains, with the power to transform them again into fiat,
BlackRock’s tokenization platform Securitize shared plans to go public by way of a $1.25B SPAC
Ethereum “Fusaka” improve cleared its closing take a look at billed as key to L2 scaling; mainnet subsequent
TeraWulf inventory soared as Google-backed AI enlargement miner pivots to AI infra; shares pop
Indiana police recovered 1,000 stolen BTC miners and $75K in frozen turkeys in an uncommon bust
In Company Treasuries / ETFs
In Memes
💰 Token, Airdrop & Protocol Tracker
Right here’s a rundown of main token, protocol and airdrop information from the day:
MetaMasklaunched their Season 1 of rewards with $30M up for grabs over the following 90 days; customers should replace to the newest MM model on iOS to take part
MegaETH’s public ICO has already seen $700M+ raised with simply over 1 day left (15x oversubscribed)
Polymarketteased its US launch coming inside weeks with a deal with sports activities
Monad’s airdrop declare reveal went reside for day 1 of a 3 day occasion, displaying recipients what number of tokens they’ll be capable of declare at TGE
Myriadlaunched on BNB with new BNB-focused markets + automated markets that resolve each 5 minutes primarily based on worth motion
🚚 What is going on in NFTs?
Right here is the record of different notable headlines from the day in NFTs:
NFT leaders have been flat on the day; Punks even at 39 ETH, Pudgy +1% at 6.95, BAYC -1% at 6.5 ETH; Hypurr’s -1% at 1,190 HYPE
Fly The Kite (+17%) have been a notable mover
The NFT Methods have been pink with PNKSTR falling 15%
Doodlesintroduced a spooky Telegram drop with Common Monsters
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