Elixir has permanently closed its deUSD stablecoin after Stream Finance, which controlled nearly 90% of deUSD's circulating supply, reported a $93 million loss. The stablecoin lost its dollar peg and fell to $0.09. Elixir processed approximately 80% of redemption requests at a 1:1 ratio and warned users not to purchase deUSD.

Federal Reserve Board member Stephen Miran said stablecoin market expansion may reshape global demand for dollar assets and influence U.S. monetary policy. Analysts project dollar-backed tokens could hit $3 trillion by the end of the decade, exceeding certain segments of the U.S. debt market. Miran noted that rising demand for these digital instruments strengthens the dollar's global position while complicating the Fed's liquidity management approach.

Coinbase Europe Limited has been fined €21.5 million by the Central Bank of Ireland for breaching anti-money laundering and counter-terrorist financing regulations between April 2021 and March 2025. The exchange failed to monitor over 30 million transactions worth more than €176 billion, representing approximately 31% of its total activity during a period of technical disruptions. Following a nearly three-year review, Coinbase filed 2,708 suspicious transaction reports with Irish authorities.

Thrust, a Solana-based token launchpad, launched at Miami's Blockchain Futurist Conference on November 5–6 with Iggy Azalea as strategic partner. The platform addresses transparency concerns in celebrity-backed memecoins. Azalea's MOTHER token is scheduled to migrate to Thrust by the end of 2025.

Sequans Communications sold 970 BTC worth approximately $100 million to repurchase convertible bonds, cutting total debt from $189 million to $94.5 million. The transaction marks the first Bitcoin liquidation by a Digital Asset Treasury firm since Sequans adopted its Bitcoin strategy in July 2025. The company retained 2,264 BTC valued at roughly $240 million as of November 4, 2025.

Coinbase is in advanced talks to acquire London-based fintech BVNK for approximately $2 billion, Bloomberg reports. The deal targets BVNK's stablecoin payment infrastructure serving institutional clients. Completion is expected between late 2025 and early 2026.

Standard Chartered projects the tokenized real-world asset market will grow to $2 trillion by 2028, up from the current $35.5 billion market capitalization. The bank cites stablecoin liquidity and decentralized finance infrastructure as primary drivers for the anticipated 57-fold expansion. Regulatory clarity remains the sector's key risk factor, according to the institution's analysis.

Mastercard is in final-stage negotiations to acquire Zerohash, a B2B crypto infrastructure provider, in a deal valued at around $2 billion, Fortune reported citing five sources. Zerohash enables financial institutions to integrate stablecoin and digital-asset services without building proprietary backends. The deal has not yet been finalized.

Metaplanet has launched a $500 million share repurchase program on the Tokyo Stock Exchange after its market capitalization-to-net asset value ratio dropped below 1.0 in mid-October 2025. The company will acquire up to 150 million shares, representing 13.13% of outstanding stock. Funding will come from a newly approved $500 million credit facility with a one-year term.