Coinbase acquired crypto trader Cobie's Up Only NFT for $25 million in USDC, activating a clause requiring eight new podcast episodes. CEO Brian Armstrong confirmed the purchase and announced the return of Up Only TV.

Cloudflare CEO Matthew Prince revealed plans to launch the NET Dollar, a fully USD-collateralized stablecoin, amid growing interest from both crypto and traditional finance sectors in stablecoin issuance. Citi analysts have recently increased their 2030 stablecoin market projections to $1.9 trillion in their base case scenario.