
GMO-Z.com Trust Company winds down GYEN stablecoin, Coinbase to convert holdings to USDC
The wind-down of GYEN highlights the challenges and regulatory complexities stablecoins face, impacting investor confidence and market stability.

The wind-down of GYEN highlights the challenges and regulatory complexities stablecoins face, impacting investor confidence and market stability.

White House economic adviser Kevin Hassett has disclosed owning between $1 million and $5 million in Coinbase shares while the Trump administration advanced policies affecting the U.S. crypto industry. Coinbase shares remained in Hassett’s disclosed portfolio CNBC, citing Hassett’s latest…

The CLARITY Act's progress could significantly shape U.S. crypto regulation, impacting market stability and investor confidence in digital assets.

Coinbase's strategic hires indicate a focus on sustainable ecosystem growth, potentially enhancing long-term value for users and shareholders.

Kevin Hassett's Coinbase stake was valued at up to $5 million as he oversaw Trump's crypto policy, raising questions about his recusal.

Mutsamudu, Comoros, September 11, 2026 — MEXC, a pioneer in 0-fee digital asset trading, released its August TradFi trading data. Trading volume across stock, index, and ETF Futures rose 130% month-on-month, while the number of available contracts grew 35% to over 400. Tokenized stocks and ETF Spot trading volume increased 30%, with gains across nearly all existing listings. Memory and Semiconductor Trading Broadens Across U.S. and Korean Markets Stock Futures trading activity broadened from a single dominant memory stock to multiple U.S. and Korean memory stocks in August. Five of the top 10 Stock Futures by trading volume tracked memory and storage companies. SKHYNIX (SK hynix) ranked second overall and first among Stock Futures tracking individual stocks, with trading volume up approximately 401% month-on-month. MU (Micron) ranked third, up approximately 267%. Combined trading volume for Stock Futures tracking Korean companies and markets (SKHYNIX, SKHY, SAMSUNG, and KORU) rose approximately 348%. Their share of total Stock Futures trading volume increased from 14% in July to 27% in August. SNDK (SanDisk) continued to record volume growth, although its share fell from 25% to 11%. Trading activity also expanded into semiconductor ETFs. SOXL Stock Futures, tracking a semiconductor ETF offering 3x daily long exposure, ranked first as trading volume surged approximately 1,192%. Its share of total Stock Futures trading volume rose from less than 4% in July to 20% in August. SOXS Stock Futures, tracking an ETF offering 3x inverse daily leveraged exposure to the U.S. Semiconductor Index, also recorded 436% volume growth. Meanwhile, trading volume for SPX500 Stock Futures, tracking the S&P 500 Index, declined approximately 32%, reflecting a shift in trading activity from broad-market indices toward sector-specific exposure. Beyond memory and semiconductors, trading volumes for SPCX (SpaceX) and TSLA (Tesla) Stock Futures rose approximately 45% and 784%, respectively. They ranked fifth and tenth, reflecting continued activity in commercial space and electric vehicles. Note: Rankings are based on individual Stock Futures listings. SKHYNIX and SKHY are ranked separately. Tokenized Stocks and ETFs Record 30% Spot Volume Growth Spot trading volume for MEXC’s Tokenized Stocks and ETFs rose approximately 30% month-on-month in August. Their share of total TradFi Spot trading volume increased from 63% in July to 73% in August. Approximately 99% of existing listings recorded higher trading volumes, while the top 10 accounted for just 12% of the segment’s volume, indicating broad-based growth rather than activity concentrated in a single asset. CRCL (Circle) ranked first, with trading volume up 69% month-on-month. COIN (Coinbase) and HOOD (Robinhood) also placed in the top 10. Combined trading volume across these three crypto-related listings rose 47%. NBIS (Nebius), an AI cloud infrastructure company, ranked third, with trading volume up 188%, the highest growth rate among the top 10. NVDA (NVIDIA) ranked fifth, with trading volume up 54%. AI-related trading activity spanned both semiconductors and cloud computing. MEXC enables users to trade products linked to U.S., Korean, and Hong Kong equities with USDT through a single account, simplifying access across markets. Stock Futures support long and short positions around the clock, including outside underlying market hours. Stock Futures trading during August’s 10 weekend days accounted for approximately 11% of monthly volume, reflecting demand for access when underlying markets were closed. The MEXC 0808: Stock Season 0-fee event attracted more than 86,000 users and saved participants over $1 million in trading fees. “The sustained growth in stock-related trading across multiple asset classes and markets underscores the accelerating global demand for accessible, diversified market exposure,” said Vugar Usi, CEO of MEXC. “We remain committed to expanding our equity-linked offerings and simplifying access for users worldwide, consolidating trading into a single account and delivering on our core proposition, trading Wall Street, without walls.” About MEXC Founded in 2018, MEXC is a leading global multi-asset trading platform built as your 0-fee gateway to infinite opportunities. Serving users across 170+ markets, MEXC provides simple and efficient access to crypto, stocks, tokenized assets, derivatives, and a growing range of TradFi-linked opportunities through one account and one gateway. With 0 trading fees, deep liquidity, broad asset coverage, and a high-performance trading experience, MEXC is designed for retail users who want to discover earlier, act faster, and trade with fewer barriers. As crypto and traditional finance continue to converge, MEXC is committed to making global opportunities more accessible, helping users trade freely and MEXCmize every opportunity. MEXC Official Website| X | Telegram |How to Sign Up on MEXC For media inquiries, please contact MEXC PR team: media@mexc.com Source

The Treasury Secretary wants it passed. The President worked senators in person. Coinbase's CEO says it is happening. Galaxy has it at 10%, down from 75% in May, and the prediction markets agree with Galaxy. One of those groups is wrong and we find out Tuesday.

Coinbase and Moov will connect over 1,000 community banks and credit unions with stablecoin payments, custody, settlement and funding.
Coinbase CEO Brian Armstrong still expects Bitcoin (BTC) to reach $400,000 by 2030, a target that now demands a 420% rally from roughly $76,930. The forecast arrives during a volatile stretch for Bitcoin. The largest cryptocurrency has fallen 5.4% over the past 7 days and sits about 39% below its October 2025 record of over

More than 1,000 community banks and credit unions could gain access to stablecoin payments, settlement, custody, and real-time funding through a new partnership connecting Coinbase’s digital asset infrastructure with Moov’s established payments platform. Stablecoin Payments Move Into Community Banking Small financial institutions could offer stablecoin services without developing and operating separate digital asset systems under […]
Coinbase restores the Coinbase Wallet name. The app now points traders at leverage, prediction markets and tokenized stocks.

Trump economic advisor Kevin Hassett owned as much as $5 million in Coinbase while serving as the White House's top economic advisor, his disclosure shows.

The rise of onchain financial products could democratize global market access, challenging traditional brokerage models and regulatory frameworks.

Coinbase has restored the Coinbase Wallet name just over a year after replacing it with Base App, positioning the self-custodial product around multichain trading, perpetual futures, prediction markets and tokenized stocks. Coinbase confirmed through its official Google Play listing that…

Coinbase's integration of Base as its primary chain could significantly alter the competitive dynamics in the Layer 2 blockchain space.

Head of Product Ryan Kass says the return to Coinbase Wallet reflects a broader trading strategy, with the self-custody app serving as a testing ground for new assets and experiences.

Even without a Senate victory, Armstrong expects SEC and CFTC rulemaking to deliver a regulatory framework for the crypto industry.

Coinbase's reversion highlights the challenges of integrating social features in crypto wallets, emphasizing user preference for trading-focused tools.

Coinbase's rebranding signals a strategic pivot, potentially impacting its SocialFi ambitions and influencing market perceptions of future projects.

The wallet now supports more than 10 networks, including Robinhood Chain and Monad, plus perps, prediction markets, and tokenized stocks.