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themerkle.com Pump.fun’s $PUMP Buybacks Cross $150 Million

Pump.fun just hit a massive milestone. The project’s buybacks of the $PUMP token have surpassed $150 million, with 9.4% of total supply already repurchased in just over three months. That makes Pump.fun only the second Solana project to ever reach this level, the first being Raydium (@Raydium), which has completed over $200 million in lifetime buybacks. It’s a powerful statement for Solana’s growing on-chain economy and a signal that revenue-backed models are taking center stage again in crypto. The Power of Buybacks in Crypto In traditional markets, companies buy back their own shares to increase shareholder value. Crypto projects do The post Pump.fun’s $PUMP Buybacks Cross $150 Million  appeared first on The Merkle News.

altcoinbuzz.io Zelle to Enable Global Payments Using Stablecoins

In a significant move, Zelle plans to enable international money transfers using stablecoins. Stablecoins are a type of cryptocurrency pegged to the value of traditional currencies like the U.S. dollar. This initiative aims to simplify and expedite cross-border payments using stablecoins. It offers a more efficient alternative to traditional methods. Zelle’s Strategic Shift to Global […] The post Zelle to Enable Global Payments Using Stablecoins appeared first on Altcoin Buzz.

bitcoinist.com Solana Jitters Don’t Scare Whales As They Persistently Load Up On SOL – A Rally Ahead?

After several days of a downward trend in the price of Solana, the altcoin flipped into bullish territory, as it targets the pivotal $200 threshold. During this period of negative price action, investors’ interest in the leading altcoin seems to have increased sharply, leading to their massive BTC buys. Whales Are Quietly Accumulating SOL Even […]

news.bitcoin.com Russian Ruble Stablecoin Gets Targeted by EU Sanctions

As part of its 19th sanctions package against Russia, the EU included measures targeting the use of crypto to circumvent sanctions. A7A5, a Russian ruble‑pegged stablecoin that registered over $1 billion in daily transaction volume, was subject to a transaction ban. Russian Ruble Stablecoin Included in Latest EU Sanctions Package The Facts: The European Union […]