Polygon’s reported talks to acquire Coinme signal a strategic push into physical crypto on-ramps, potentially bridging Layer-2 networks with real-world access points.
Bloomberg Intelligence projects stablecoin payment flows could surge to $56.6 trillion by 2030, driven by institutional adoption and demand in inflation-hit economies.
Bitcoin ETFs logged nearly $400 million in daily outflows while a legacy smart contract flaw triggered a near-total collapse in Truebit’s TRU token.
The crypto market saw a convergence of corporate dealmaking, long-term growth forecasts, market outflows, and security risks, underscoring how digital assets are evolving unevenly across infrastructure, payments, and decentralized finance.
Polygon is reportedly close to buying Coinme, an American Bitcoin ATM operator, with a deal worth approximately $100 million to $125 million, per sources mentioned by CoinDesk.
In case the transaction is concluded, it will represent a substantial invasion of an Ethereum Layer-2 network into on-ramps for physical crypto.
Coinme is one of the pioneers of Bitcoin ATM operations in the US, which set up its first crypto kiosk in 2014.
Currently, Coinme provides over 50,000 Bitcoin ATM locations in 49 US states, which places it among the largest in the industry.
Bloomberg Intelligence's new report sees the future of stablecoin payment flows to $56.6 trillion by the year 2030, up from $2.9 trillion in 2025.
For that mark to be realized, a yearly growth rate of about 81% will be necessary, thereby clearly indicating the expectation of quick adoption.
According to Bloomberg, the institutions' interest and the increasing demand in the economically unstable regions are the main factors behind the trend.
Data from crypto analytics firm Artemis shows that overall stablecoin volumes jumped 81% year-on-year in 2025.
USDC recorded $18.3 trillion in transaction volume in 2025, surpassing USDT’s $13.3 trillion, even though USDT retains a much larger market capitalization of roughly $186.9 billion, compared with USDC’s $74.9 billion.
Also Read: World Liberty Seeks U.S. Bank Charter to Expand USD1: A Shift in U.S. Stablecoin Banking?
Coinbase has updated its official asset listing roadmap to include four digital assets that the exchange has decided may be listed in the future.
According to an update on its blog, the assets newly added to the Coinbase roadmap include the Solana network Raydium (RAY) and Energy Dollar (ENERGY).
Two additional assets from the Base network are also featured on the roadmap: Elsa (ELSA) and Sport.fun (FUN).
Coinbase says asset transfers and trading for the listed assets are not supported until an official trading announcement is made.
According to SoSoValue, the Bitcoin spot ETF saw a total net outflow of 398.98 million yesterday.
Bitwise's ETF BITB saw a daily net inflow of $2.96 million, and the total historical net inflow of BITB currently stands at $2.16 billion.
The Bitcoin Spot ETF with the highest net outflow yesterday was BlackRock's ETF IBIT, with a daily net outflow of $193.34 million.
The total net asset value of Bitcoin Spot ETFs is $117.66 billion, with an ETF net asset ratio of 6.48%.
Also Read: Bitcoin Price Trades Near $90,000 as Market Awaits Clear Direction
The TRU token of Truebit crashed nearly 99.9% after a smart contract exploit drained approximately 8,535 ETH, worth about $26.6 million, from its reserves.
Researchers attributed the attack to a flaw in a legacy contract deployed around five years ago. The vulnerability allowed the attacker to acquire TRU at zero cost and repeatedly sell it back into a bonding-curve reserve, siphoning off ether.
Truebit has acknowledged the incident and said it is working with law enforcement, though it has not yet confirmed whether affected contracts have been paused.
Builders behind the popular Zcash wallet Zashi announced plans to launch a new startup called cashZ, following a governance dispute with the nonprofit Bootstrap.
The team, formerly part of the Electric Coin Company, stressed that the Zcash protocol itself remains unaffected.
The move reflects a broader tension in crypto development between nonprofit governance and startup-style execution, with the new entity aiming to scale consumer-focused products more rapidly.
1. Why is Polygon interested in acquiring Coinme?
Polygon’s potential acquisition of Coinme would give it direct exposure to retail users through physical Bitcoin ATMs, strengthening real-world on-ramps for crypto adoption.
2. How realistic is the $56.6 trillion stablecoin forecast?
Bloomberg Intelligence estimates the target implies an 81% annual growth rate, reflecting aggressive expectations tied to institutional use and adoption in unstable economies.
3. Why did Bitcoin spot ETFs see heavy outflows?
Investors pulled nearly $400 million amid cautious sentiment, with BlackRock’s IBIT recording the largest single-day outflow despite strong cumulative inflows overall.
4. What caused the Truebit (TRU) token crash?
A flaw in an old smart contract allowed an attacker to mint TRU at zero cost and drain 8,535 ETH, collapsing the token’s value by nearly 99.9%.
5. Does the Zcash startup split affect the protocol?
No. Developers stressed that Zcash itself remains unaffected, as the team is shifting to a startup model to accelerate product development via a new wallet, cashZ.
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