Grab and StraitsX have joined forces to integrate stablecoin payments into the Grab App, aiming to streamline cross-border transactions. The collaboration introduces a Web3 wallet and supports stablecoins like XSGD and XUSD, enhancing payment solutions for merchants in Asia.

Stream's xUSD is under scrutiny due to a 4.1x leverage ratio, with $170 million in on-chain assets backing $530 million in borrowings. Founder responds to warning from KOL CBB0FE, pledging greater transparency and clarifying that xUSD is not a stablecoin. The move aims to align user expectations with the product's actual structure. Concerns center on liquidity risk and potential cascading liquidations during market downturns.

MetaMask introduced multi-chain account support on October 28, 2025, enabling unified management of assets across Ethereum, Solana, and Bitcoin networks. The upgrade improves asset loading speeds by 30 times, streamlining cross-chain interactions for users.

USD1 partnered with Enso on October 28 to enhance its DeFi integration across multiple blockchains, including Dolomite. The collaboration aims to improve liquidity and broaden institutional access. USD1 maintains a market cap of approximately $2.95 billion with over $468 million in 24-hour trading volume, according to CoinMarketCap.

China and the United States achieved a preliminary trade agreement during economic consultations held in Kuala Lumpur on October 25–26. The deal, pending domestic approvals, aims to stabilize bilateral trade relations and reduce global economic uncertainty. No direct impact on cryptocurrency markets was observed. Broader market sentiment may improve due to reduced macroeconomic risks.

The U.S. government shutdown entered its 20th day on October 20, 2025, with no resolution in sight. Analysts suggest it could become the longest in history, affecting 900,000 workers and federal operations.

Mt. Gox trustee Nobuaki Kobayashi extended the Bitcoin repayment deadline to October 31, 2025, affecting approximately 34,689 BTC worth around $3.9 billion. The phased distribution aims to reduce market impact, with up to $2.4 billion in potential selling pressure. Creditors will receive staggered repayments through custodial and OTC channels.

X has launched a marketplace for unused usernames, available to Premium Plus and Business subscribers. The platform offers both free and paid handles, with rare usernames starting at $2,500. The service went live on October 20. According to the official @XHandles account, previous usernames are permanently frozen after a change.

A newly created wallet withdrew 142,428 LINK, valued at $2.4 million, from Binance on October 19, 2025. The address has no known ties to major entities, and no official response has been issued by Chainlink or Binance.