BitKE

Stablecoins on Ethereum layer-2 networks have reached $13.5 billion, driven by demand, with Tether, Circle, and Ethena leading in supply. The overall stablecoin market surpassed $205 billion by December 2024, demonstrating significant growth in the cryptocurrency ecosystem.

Stellar's Q1 2025 report highlights its focus on bridging traditional finance and crypto through innovative solutions like Soroban smart contracts and USDC remittances. With growing user accounts and strategic partnerships, Stellar is reinforcing its role in global financial infrastructure.

Sony Bank plans to launch a U.S. dollar-pegged stablecoin by 2026 for payments within the Sony ecosystem, targeting its significant U.S. customer base. This initiative is part of Sony's broader Web3 push, aiming to improve transaction efficiency and reduce reliance on traditional payment methods.

The Milken Institute and the Motsepe Foundation recently announced the 10 semi – finalist teams advancing to the Semi-finals Round of the Milken-Motsepe Prize in Fintech, with each team receiving $100,000 in funding.
According to a press release, the prize supports innovative solutions to expand ac

Safaricom's Ziidi Money Market Fund has quickly amassed $22.03 million within a month of its launch, attracting over 450,000 users. The fund allows M-PESA customers to invest from KES 100, promoting financial inclusion and savings among Kenyans.

Luno, the cryptocurrency exchange with South African roots, has officially relaunched in Kenya, marking a key milestone in its continued expansion across the continent.
According to a press release by Luno shared with BitKE, the re-launch provides Kenyan users with a simple, secure, and fully

DFS Lab, an early-stage investor in Africa, in partnership with the Stellar Development Foundation, a non-profit entity that aids in the advancement and expansion of the Stellar network, has launched the DFS Lab Stellar Africa Fund I to support promising entrepreneurs and teams in Africa who seek to

A group of major banks, including Citigroup and HSBC, is participating in a 12-week pilot with the Federal Reserve to test a digital dollar using a regulated liability network. The pilot aims to improve payment speeds and explore regulatory frameworks, with results intended to contribute to digital money literature.