A new Circle–Aleo stablecoin project highlights the growing demand for privacy features as firms weigh blockchain use against the risks of transparency. Stablecoin issuer Circle is developing a privacy-enhanced version of its US dollar-pegged USDC token, aiming to spur institutional adoption by offering greater confidentiality than traditional public blockchains allow. The new stablecoin, called USDCx and targeting banking and enterprise users, is being built in partnership with the privacy-focused blockchain company Aleo, Fortune reported on Tuesday, citing Aleo co-founder Howard Wu. Unlike most existing stablecoins, which have wallet addresses and transaction details fully visible onchain, USDCx is designed to provide “banking-level privacy.” Circle would still be able to provide a compliance record if law enforcement or regulators request information on specific transactions, according to the report. Read more
“Our staffs are exhausted,” said the Wyoming senator at the Blockchain Association Policy Summit on Tuesday, speaking on the progress of the crypto bill. Wyoming Senator Cynthia Lummis, a member of the US Senate Banking Committee and one of the most prominent proponents for addressing digital asset market structure in Congress, said she wants to take the next step in advancing the bill sometime next week. Speaking at the Blockchain Association Policy Summit on Tuesday, Lummis said she anticipated that the markup hearing for the Responsible Financial Innovation Act — the Banking Committee’s version of market structure — would happen before Congress broke for the holidays. The senator said the crypto industry “was getting a little concerned” about the progress of the bill, adding that drafts were “changed so much every few days” during bipartisan discussions. Read more
Bitcoin miners offer a glimpse into potential BTC price upside to come as the historically accurate Hash Ribbons sent a buy signal. Bitcoin’s (BTC) Hash Ribbons metric, tracked by onchain analytics platform Capriole Investments, sent a “buy signal” for the fifth time in 2025. Key takeaways: A historically accurate Bitcoin price metric sends a “buy” signal for the fifth time this year. Read more
Twenty One Capital launched on the NYSE with strong institutional backing and a massive Bitcoin treasury. Institutionally-backed Bitcoin native company Twenty One Capital has launched for public trading on the New York Stock Exchange under the ticker XXI. The Jack Mallers co-founded company has the ambition of becoming the largest publicly-traded holder of Bitcoin (BTC), and its Tuesday US launch follows the completion of its business combination with Cantor Equity Partners. Twenty One Capital holds 43,514 Bitcoin, worth roughly $3.9 billion, making it the world’s third-largest public corporate holder of the asset after Michael Saylor’s Strategy and MARA Holdings. Read more