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Trillions Meme Coin Surges to $60 Million Market Cap on Stablecoin Network Plasma

The Trillions meme coin, deployed on the stablecoin network Plasma, reached a market cap of $60 million shortly after the network's mainnet beta launch. The project, capitalizing on a meme predicting the total stablecoin market cap will reach trillions, soared following the network's heightened visibility. Despite its rise, the market cap quickly plummeted to $18 million. The enthusiasm around Trillions coincided with other meme coins' gains on Plasma, although the network does not officially endorse these tokens. Prominent figures, including David Sacks, have highlighted the potential for stablecoins to drive substantial demand for U.S. treasuries. Amid the influx of meme coins, Plasma is positioning itself as a significant player in the stablecoin space, already ranking as the fifth-largest stablecoin network. Currently, the total stablecoin market cap sits at $297 billion, illustrating significant growth potential for the future of stablecoins.

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SEC Halts Trading of Bitcoin, Ethereum Treasury Firm QMMM After 2,000% Stock Surge

The SEC has halted trading for QMMM Holdings after its stock surged over 2,100% following a plan to purchase Bitcoin, Ethereum, and Solana. The trading suspension, lasting until October 10, 2025, was prompted by potential manipulation related to recommendations made to investors via social media that appeared to artificially

Swift Teams With Ethereum Software Giant Consensys for Blockchain Prototype

SWIFT is collaborating with Consensys and 30 major financial institutions, including Bank of America, Citi, and JP Morgan, to develop a blockchain-based prototype aimed at enabling real-time cross-border payments. This prototype will utilize a secure ledger and smart contracts for transaction validation and recording. Although it remains unclear whether the

Price predictions 9/29: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE

Bitcoin shows signs of recovery above $114,000, with potential to reach $117,500 if buyers remain strong. Analysts are mixed; while some foresee a downturn, others expect BTC to approach new all-time highs. Market sentiment is cautious, as exchange-traded products see varied outflows and inflows. The S&P

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