May 31: PYUSD with Solana, USDe with Blast

First up, we'll dive into the latest Solana development update. We'll unpack the recent announcement from Mirror, that how Paypal got to work together with Solana on PYUSD.

Next, we have an exciting update from Ethena Labs, where we'll uncover their latest developments on Blast. They surely partnered with many protocols to boost the usage & liquidity of USDe.

Moving on to institutional news, we'll share the latest findings by Nanse, that DBS Bank is supposedly one of Ethereum whales, holding nearly $650 million worth of ETH, showcasing the growing interest of traditional financial institutions in digital assets.

Shifting our focus to regulatory updates, we'll delve into China's central bank's statements regarding the CNY market and cross-border transactions, as well as insights from Cambodia's central bank governor on the potential impact of digital currency on fiat usage.

Today’s News👇

https://x.com/solana/status/1795803762281607501   

https://pyusd.mirror.xyz/TpEwPNybrwzPSSQenLtO4kggy98KH4oQRc06ggVnA0k  

https://x.com/ethena_labs/status/1795771142185308397 

Asia Focus

https://www.coindesk.com/markets/2024/05/30/singapores-largest-bank-dbs-is-an-ether-whale-with-nearly-650m-in-eth-nansen/   

https://cryptonews.com/news/china-central-bank-on-cny-market-and-cross-border-transaction.htm 

https://cryptonews.com/news/cambodia-central-bank-governor-believes-digital-currency-will-boost-fiat-use.htm 

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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! 

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