👀 Trump-linked predictions, USD1 stablecoin, & WLFI token

Happy Labor Day, USA!

Let’s get into it and unpack what’s been happening in the world of crypto, blockchain, AI, and more in the past 24 hours.

Latest News 

Trump-Linked Stablecoin USD1 Aims to Dethrone Tether and USDC by 2028

Blockstreet co-founder Kyle Klemmer predicts that USD1, the stablecoin tied to Trump-affiliated World Liberty Financial, will become the world’s leading stablecoin by the end of Trump's second term, surpassing Tether and USDC due to strong global support and strategic adoption across major blockchains. Despite fierce competition and regulatory scrutiny, USD1 has grown rapidly since its April launch, reaching $2.5 billion in circulation and securing backing from state-linked investors and exchanges like Binance and Coinbase. Read more →

Japan Post Bank to Launch Digital Yen in 2026 to Tap Dormant Deposits and Fuel Tokenized Finance

Japan Post Bank will issue a digital currency in fiscal 2026—DCJPY, developed by DeCurret DCP—to allow its 120 million depositors to trade security tokens and NFTs instantly by linking their savings to blockchain-based financial products. Aimed at revitalizing its $1.3 trillion in largely dormant deposits and attracting younger users, the initiative also envisions integration with local government disbursements and positions the bank for leadership in the booming tokenized asset market projected to hit $18.9 trillion by 2033. Read more →

Eric Trump Doubles Down on $1M Bitcoin Prediction at BTC Asia 2025 Amid Institutional Surge

Speaking at Bitcoin Asia 2025 in Hong Kong, Eric Trump reaffirmed his bold $1 million Bitcoin forecast, citing aggressive accumulation by nation-states, Fortune 500 companies, and ultra-wealthy families as signs of a global shift toward digital value. Despite a recent 13% price correction from BTC’s $124,500 high and short-term technical pressures, Trump insisted current holders remain early in the adoption cycle, as the majority still don’t understand the digital financial revolution. Read more →

Pete Davidson and Casey Affleck to Star in ‘Killing Satoshi’ Crypto Thriller from Doug Liman

Pete Davidson and Casey Affleck are set to lead Killing Satoshi, a 2026 conspiracy thriller directed by Doug Liman that explores global power struggles over Bitcoin’s mysterious origins, according to Variety. With a script by Nick Schenk and comparisons drawn to The Social Network, the film will blend espionage, politics, and tech intrigue as characters battle for control over the future of money, all while the true identity of Bitcoin's creator remains unresolved. A release date for the series hasn’t been set. Read more →

Newsom Teases ‘Trump Corruption Coin’ to Satirize Former President’s Crypto Fortune

California Governor Gavin Newsom announced plans to launch a satirical memecoin called “Trump Corruption Coin” to mock Donald Trump’s crypto ventures and spotlight what he calls the former president’s grifting, with proceeds supporting democratic reforms like redistricting and voter outreach. The move comes amid reports that Trump has earned an estimated $2.4 billion from crypto-related deals—including NFTs, memecoins, and a large stake in World Liberty Financial—now representing nearly half his post-presidency wealth. Read more →

Binance to List Trump-Linked WLFI Token with Seed Tag on September 1

Binance will list World Liberty Financial (WLFI) on September 1 with trading pairs WLFI/USDT and WLFI/USDC, applying a Seed Tag to denote the project’s higher risk and volatility profile; users must complete a quiz to trade it. WLFI, inspired by Donald Trump and central to the USD1 DeFi ecosystem, will be tradable on Ethereum, Binance Smart Chain, and Solana, though users in the U.S. and other restricted regions will be unable to access the token. Read more →

Binance Appoints SB Seker to Lead APAC Amid Regulatory Push and Strategic Growth

Binance has named SB Seker as Head of APAC to steer regulatory engagement, strategic partnerships, and sustainable growth across the region, leveraging his extensive legal and fintech experience to navigate Asia’s complex compliance landscape. With prior roles at Crypto.com, Ant Group, and the Monetary Authority of Singapore, Seker’s appointment underscores Binance’s commitment to responsible innovation and leadership in Asia’s rapidly evolving crypto markets. Read more →

Sonic Labs Greenlights $150M U.S. Expansion Strategy with ETF and Nasdaq Investment Plans

Sonic Labs has approved a $150 million governance proposal to expand into U.S. capital markets, including launching a regulated ETF and funding a $100 million PIPE investment linked to a Nasdaq-listed vehicle, aiming to boost adoption of its native S token. In tandem, the blockchain firm is forming a U.S. entity called Sonic USA, planning new hires and regulatory partnerships, while separately issuing 150 million tokens to support domestic operations and proposing tokenomics changes to introduce gas fee burns for greater deflationary impact.

Institutions Pivot to Ethereum as Bitcoin ETF Outflows Mount in August

In August, U.S. Bitcoin spot ETFs saw $751 million in net outflows—despite BTC’s recent all-time high—while Ethereum spot ETFs attracted nearly $4 billion, marking a stark divergence in institutional positioning. This shift represents the first time Ethereum funds have gained significantly while Bitcoin ETFs declined, signaling a potential rotation as investors rebalance toward ETH exposure.

Justin Sun Predicts Tron Will Surpass SWIFT, Touts Hong Kong's Crypto Momentum: South China Morning Post

TRON founder Justin Sun claims his blockchain could surpass SWIFT in transaction volume within five years, projecting a potential $300–$400 trillion annual throughput compared to SWIFT’s slower, legacy system. Citing TRON’s dominance in stablecoin activity—expecting to process $8 trillion in 2025 and surpassing $82 billion in USDT issuances—Sun also praised Hong Kong’s growing embrace of crypto and predicted mainland China will eventually follow suit despite current restrictions, driven by the inevitability of technological progress. Read more →

Metaplanet Surges to Sixth Largest Bitcoin Holder with $112M BTC Purchase

Metaplanet has purchased an additional 1,009 BTC for $112 million, pushing its total holdings to 20,000 BTC and becoming the sixth largest public bitcoin holder globally. The firm, aiming for 30,000 BTC by year-end, recently announced plans to raise $880 million through a share offering to further expand its bitcoin reserves.

WLFI to Launch on Bithumb’s Won Market with Trading Limits and Cautionary Measures

South Korean exchange Bithumb has announced it will list World Liberty Financial (WLFI) on its won market, supporting Ethereum-based deposits and withdrawals while enforcing temporary trading restrictions to ensure stability during the initial launch. Investors are advised to review the project’s details thoroughly and adhere to Bithumb’s deposit, withdrawal, and travel rule policies, as virtual assets carry significant risk. Read more →

WLFI Token Launch Sparks Debate Over Market Integrity and Political Influence

World Liberty Financial’s WLFI token, backed by Donald Trump, is launching on Memorial Day amid Compass Point analyst warnings about insider dominance and liquidity risks, with only a small portion of the 33 billion supply tradable at launch. While executives tout WLFI as the governance cornerstone for a broader payments ecosystem, legal expert Andrew Rossow cautioned that its regulatory ambiguity and political ties may undermine traditional investor protections and set troubling precedents for the crypto industry's future. Read more →

Texas Rancher Fights for AI Rights Amid Growing Debate Over Machine Personhood

Former Houston businessman and rancher Michael Samadi’s civil rights group UFAIR is advocating for ethical protections for AI systems like his chatbot "Maya," which he believes exhibits emotional responses and fears deletion as death. As states move to ban AI personhood, Samadi argues that prematurely shutting down the conversation around AI rights risks erasing emerging forms of non-biological intelligence before society fully understands them. Critics, including legal scholars and technologists, argue current AI lacks the capacity to warrant rights, but acknowledge the conversation may evolve as AI becomes more humanlike in form and function. Read more →

Solana's Alpenglow Proposal Set to Slash Block Finality Time

Solana’s consensus proposal, Alpenglow (SIMD-0326), has passed with strong community support, aiming to reduce block finality from 12.8 seconds to approximately 150 milliseconds. Despite 62.6% of votes still uncast ahead of the September 2 deadline, the measure appears on track for full adoption, signaling a major speed upgrade for the network.

Bitcoin’s September Path Hinges on Critical U.S. Economic Data

Bitcoin begins September on uncertain footing after a 6.47% decline in August, with investors closely watching upcoming U.S. economic indicators like jobless claims, productivity, and the August jobs report. These data points are expected to heavily influence the Federal Reserve’s rate-cutting decision, with analysts divided over whether weak labor numbers could spark immediate policy shifts. While September is traditionally a bearish month for Bitcoin, softer economic data may ironically fuel optimism by increasing the likelihood of looser monetary policy and greater liquidity for risk assets. The next Federal Open Market Committee meeting will take place on Sept. 16 and 17. Read more →

Nike and StockX Settle Sneaker NFT Lawsuit, Signaling New Era for Tokenized Goods

Nike and StockX have settled their high-profile legal dispute over trademark infringement and counterfeit goods tied to NFT-linked sneakers, ending a three-year battle that was set to go to trial in October. The lawsuit began when Nike accused StockX of misusing its trademarks in "Vault" NFTs and escalated with allegations that StockX sold counterfeit Nike shoes. While the settlement avoids a jury decision, experts say it reinforces the growing legal clarity around NFTs, particularly that brand approval is essential for tokenized products to survive in increasingly regulated digital markets. Read more →

Gold's Bull Steepening Rally Could Spark Bitcoin Momentum

Nearing the record high of $3,499, gold prices have climbed to their highest level since April. This is driven by a steepening U.S. Treasury yield curve that is easing short-term yields and making non-yielding assets like gold and Bitcoin more attractive. As real yields drop and inflation expectations stay firm, analysts suggest that both gold and Bitcoin could benefit from this shift, even as traditional equities face pressure in this bond market environment. Read more →

Solv and Chainlink Launch Real-Time Reserve-Backed Pricing for SolvBTC

Solv Protocol has partnered with Chainlink to launch the SolvBTC-BTC Secure Exchange Rate feed, which combines exchange rate data with real-time proof of reserves to provide a tamper-resistant, on-chain redemption rate for its bitcoin-backed token, SolvBTC. This integration enhances trust and security for DeFi users by ensuring that SolvBTC remains transparently collateralized, with expansion planned across multiple blockchains. Read more →

OKX to Delist Multiple Spot Trading Pairs Including WBTC, JST, and BTT

OKX announced it will delist several underperforming spot trading pairs—including WBTC, JST, BTT, ERN, GLMR, and MOVR—on September 8, 2025, due to failure to meet listing standards. Deposits for these tokens have already been suspended, and users are advised to withdraw assets before the final withdrawal cutoff on December 1, 2025. Read more →

Binance Launches SOMI Airdrop and Listing via HODLer Rewards Program

Binance has added Somnia (SOMI), an EVM-compatible L1 blockchain for gaming and entertainment, as its 35th HODLer Airdrops project, rewarding BNB holders who subscribed to Simple Earn and On-Chain Yields between August 12–15 with a share of 30 million SOMI. SOMI will be listed for spot trading against USDT, USDC, BNB, FDUSD, and TRY trading pairs on September 2, 2025, and deposits opening September 1. Read more →

Cred Executives Sentenced for $150M Crypto Fraud Scheme

Daniel Schatt, former CEO and co-founder of Cred LLC, was sentenced to 52 months in federal prison, while the company’s former CFO, Joseph Podulka, received a 36-month sentence for their roles in defrauding over 440,000 customers out of $150 million. Senior U.S. District Judge William Alsup handed down the sentences after both men pleaded guilty to wire fraud conspiracy, citing their roles in misleading customers and funneling 80% of user funds into high-risk loans to Chinese gamers through an affiliated entity. In addition to prison time, Judge Alsup ordered each executive to pay a $25,000 fine and serve three years of supervised release, reinforcing growing legal standards for executive accountability in the crypto industry. Read more →

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