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New Toku–PDAX partnership lets Filipino workers receive pay in stablecoins

Toku has partnered with PDAX to introduce a solution for Filipino workers to receive their wages in stablecoins. This integration allows companies to process payroll through Toku's token-based system, enabling instant conversion of earnings to Philippine pesos without the usual fees associated with wire transfers. Payments are routed directly to PDAX wallets or external addresses for immediate, on-chain settlement. Workers can cash out earnings to various Philippine banks or e-wallets, including GCash and GrabPay. Employers have the flexibility to fund payroll in either Philippine pesos or stablecoins like USDC. This development reflects the growing adoption of cryptocurrencies in the Philippines, where the government and banks are exploring blockchain technology for various applications, including remittances and digital currency initiatives.

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Bitcoin recovery expected as liquidity conditions change, but US macro remains a threat

Bitcoin's recent downturn is attributed to broader economic stresses, yet improved liquidity and a favorable outlook for 2026 could lead to a potential recovery. With the upcoming US Federal Reserve decision on interest rates looming, market sentiment is divided between a possible rate cut and maintaining the current

Kraken Scores $800M Raise Backed by $200M Citadel Investment

Kraken, a prominent crypto exchange, has raised $800 million in funding, including $200 million from Citadel Securities, aiming to bridge traditional financial markets with blockchain infrastructure. This funding round values Kraken at $20 billion and marks a significant shift in the relationship between cryptocurrency firms and traditional finance. The capital

Kraken Scores $800M Raise Backed by $200M Citadel Investment

Kraken has raised $800 million in new funding, which includes a $200 million investment from Citadel Securities. This funding values the crypto exchange at $20 billion and aims to enhance Kraken's capacity to integrate traditional financial markets with blockchain technology. The recent capital injection comes as Kraken pursues

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