AltXCrunch

8/22/25 | MetaMask Native Stablecoin, US Crypto Privateering, Stargate Bid War, Japan Stock Tokens


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In today's AltCrunch daily recap, Mackenzie covers MetaMask's groundbreaking mUSD stablecoin launch—the first native stablecoin from a self-custody wallet, powered by Stripe's Bridge and M0 Protocol. We analyze Congress's revival of 18th-century "letters of marque" to combat overseas crypto theft, plus the heated acquisition battle as Wormhole challenges LayerZero's $110M bid for Stargate. Looking ahead, we explore Japan's digital transformation with SBI Holdings' ambitious plan to tokenize Tokyo Stock Exchange equities by 2027. Plus, what these moves mean for DeFi adoption, cross-chain infrastructure, and global regulatory frameworks. Your daily dose of crypto's most important developments—follow us on X @altinvestbot (A-L-T-I-N-V-E-S-T-B-O-T) for real-time updates!

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