HashKey Daily News Highlights(2025/10/29)

2025-10-30

1. French lawmakers suggest the country purchase 420,000 BTC over the next 7 to 8 years

PANews reported on October 28th that, "French MP Éric Ciotti, along with the center-right UDR party, proposed a bill to purchase approximately 420,000 Bitcoins over the next seven to eight years, representing approximately 2% of the total supply. Funding would come from using nuclear and hydropower surpluses for national Bitcoin mining, disposing of seized crypto assets, and directing savings accounts to purchase BTC daily. If passed, France would become the first European country to include Bitcoin in its national reserves."

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2. Western Union plans to launch USDPT, a stablecoin built on the Solana blockchain, in 2026

PANews reported on October 29th that, "According to the Wall Street Journal, Western Union plans to launch a US dollar-backed stablecoin to help its 100 million customers avoid the volatility and risks of local currencies when making international remittances. This stablecoin, named US Dollar Payment Token (USDPT), will be built on the Solana blockchain and issued by Anchorage Digital Bank. The digital token is expected to launch in the first half of 2026 and will be tradable through Western Union's partner exchanges. Western Union stated that customers using this stablecoin to send money globally may experience reduced costs and faster transaction settlements."

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3. Japanese payment provider TIS collaborates with Ava Labs to launch a multi-token platform

BlockBeats News reported on October 28th that, "According to CoinDesk, one of Japan's largest payment infrastructure providers, TIS, is collaborating with Ava Labs (the team behind Avalanche) to launch a blockchain-based platform as the demand from financial institutions for on-chain transfer of funds and assets is increasing.

The company's newly launched multi-token platform is built on AvaCloud (Avalanche's enterprise-focused blockchain building tool) and is designed to support the issuance, settlement, and management of digital assets such as stablecoins and tokenized assets in accordance with Japan's Payment Services Act."

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4. Visa to accept four stablecoins on four blockchains, facilitate fiat currency conversion

BlockBeats News reported on October 28th that, "According to TheBlock report, Visa will accept payments in four stablecoins on four separate blockchains, which can be converted into 2 target fiat currencies and can be converted back into over 25 traditional fiat currencies. Visa CEO McInerney revealed that stablecoin-related Visa card spending in the fourth quarter has quadrupled compared to the same period last year. Since 2020, Visa has facilitated over $140 billion in cryptocurrency and stablecoin flows, including users using Visa credentials to purchase over $100 billion in cryptocurrency and stablecoin assets."

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5. Asset tokenization firm Securitize to go public via $1.25 billion SPAC deal

PANews reported on October 29th that, "According to The Block, Securitize has become the latest crypto-native company to announce plans for an IPO, with a pre-IPO equity valuation of $1.25 billion. The asset tokenization giant plans to list in the US through a special purpose acquisition company (SPAC) launched by an affiliate of Cantor Fitzgerald. The merged company will be renamed Securitize Corp. and will trade on Nasdaq under the ticker symbol SECZ. The company also plans to tokenize its own equity."

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