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Apple and Google explore stablecoins, Kakao Pay signs MOU for digital assets, Unlimit migrates to Stable.com, and other Web3 news

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  • Apple and Google have posted job listings seeking candidates with expertise in stablecoins and tokenized deposits, indicating their exploration of digital-asset infrastructure for their payment and cloud businesses, though neither company has committed to launching a stablecoin. (📰blockhead.co)
  • MemeToro, currently in presale at $0.00430, is developing an AI-powered memecoin launchpad on BNB Chain, joining established meme coins like DOGE and SHIB, which have different market foundations and infrastructures. (📰Latest news from Azerbaijan)
  • Animoca Brands and Currenc Group have mutually suspended their reverse-merger discussions, leaving Animoca without a clear path to a public listing after six years off a regulated exchange, while the company continues to pursue alternative listing routes. (📰FinanceFeeds)
  • A $3.2 million butterfly option trade on Deribit targets Bitcoin to reach $95,000 by October 30, reflecting institutional confidence in Bitcoin’s potential upside, with significant trading activity around this price range. (📰Crypto Briefing)
  • Kakao Pay, KakaoBank, and Fireblocks have signed a memorandum of understanding to explore stablecoin and digital asset infrastructure in South Korea, focusing on proof-of-concept testing to meet regulatory requirements. (📰thepaypers.com)
  • Unlimit is migrating its global accounts business to Stable.com, a platform that integrates traditional payment infrastructure with digital asset capabilities, allowing users to manage multi-currency balances and access decentralized finance. (📰The Paypers)
  • The HKMA is set to launch a wholesale CBDC for interbank settlement, while various companies like Unlimit and ACI Worldwide are advancing in the digital payments space, and developments in crypto cards and regulations are shaping the digital economy. (📰The Paypers)
  • Valour Funds SPC has launched the Smart Crypto Fund SP, an AI-powered active hedge fund for institutions, marking a shift from ETPs to active management in the crypto space. (📰blockchain.news)
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