Banks bring stablecoins to Europe

Aster challenges Hyperliquid.

Aster, a new decentralized exchange, had a spectacular launch. Within just days, billions of dollars in trading volume flowed through the platform. Backed by the founder of Binance, the world’s largest centralized exchange, Aster immediately gained credibility and visibility, accelerating its rise among major players.

The rapid growth of Aster highlights the broader trend of shifting from centralized to decentralized trading platforms. While exchanges like Binance and Coinbase once dominated, protocols such as Hyperliquid and Aster are now taking the lead. These platforms provide trading that is more transparent, efficient, and less dependent on a single entity, showing that the future of crypto trading is increasingly in decentralized infrastructure.

European banks embrace stablecoins.

Nine European banks, including ING, announced plans to develop a joint stablecoin. Their goal is to create an alternative to existing stablecoins like USDC and USDT, but fully under the oversight of the European financial sector. The project aims to make cross-border payments within Europe faster, cheaper, and more secure.

This announcement marks a milestone: for the first time, multiple large banks are joining forces to deploy blockchain technology at scale. What started as a niche tool within crypto is now becoming mainstream. With the backing of the traditional banking system, stablecoins are quickly evolving into a cornerstone of Europe’s financial infrastructure.

Sui accelerates adoption in Korea.

Sui has formed a strategic partnership with one of Korea’s largest online ordering platforms. The goal is to transform payments by integrating blockchain and stablecoins. For millions of consumers, this could mean instant, cheaper, and more reliable transactions in everyday purchases.

This partnership demonstrates how blockchain is moving beyond trading and investing into daily life. The fact that a major ordering platform is adopting crypto solutions highlights the growing potential of blockchain payments at scale. For stablecoins, this marks another step toward mass adoption with practical use cases emerging worldwide.