Annual stablecoin transaction volume reached $46 trillion (about $9 trillion after adjustment), monthly active crypto wallet users climbed to 40 – 70 million, and blockchains now process over 3,400 transactions per second, according to Andreessen Horowitz’s State of Crypto report

Crypto prime broker FalconX acquires digital asset ETP issuer 21shares in deal expected by year-end

XDC Ventures, the investment arm of the XDC Network, has acquired Contour Network, a digital trade finance platform originally founded by a consortium of global banks including HSBC, Standard Chartered, BNP Paribas, Citi, DBS, ING, and Bangkok Bank

XRP declined to $2.40 while an analyst predicted a surprise rally despite community skepticism and regulatory challenges