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Ethereum's Vitalik Buterin Names One Major Stablecoin Use Case to Watch
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Ethereum’s Vitalik Buterin Names One Major Stablecoin Use Case to Watch

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Vitalik Buterin, Ethereum (ETH) cofounder, has shared his thoughts about stablecoins as an asset class in the cryptocurrency space. Buterin dropped his insights in reaction to a post highlighting Codex, a stablecoin built on the Ethereum blockchain.

Vitalik Buterin tags stablecoins key driver of crypto utility

According to Buterin, cheap stablecoin transactions remain one of the key real-world value drivers of the crypto industry. He is implying that stablecoins have utility in cross-border remittances and payments, which makes them pivotal in the adoption of crypto.

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Notably, new users in the crypto space require stablecoins to purchase different cryptocurrencies like Ethereum, Bitcoin, XRP and others. This arguably makes them a vital link in the crypto adoption chain compared to NFTs or meme coins, for instance.

Cheap stablecoin transactions continue to be one of the most important sources of large-scale value that crypto provides today.

Excited to see @codex_pbc joining the arena as an L2 and thinking explicitly about synergy between itself and ethereum L1 from day one. https://t.co/BuCyZZqYgh

— vitalik.eth (@VitalikButerin) September 5, 2025

Buterin expressed excitement at how Codex has distinguished itself among other layer 2s and is exclusively for stablecoins.

“Excited to see @codex_pbc joining the arena as an L2 and thinking explicitly about synergy between itself and Ethereum L1 from day one,” he wrote.

The Ethereum cofounder is highlighting the fact that Codex, rather than compete with Ethereum, has decided to align and create a mutually beneficial ecosystem. With this development, it could help Ethereum maintain dominance in global crypto finance.

This could support Ethereum in staying ahead of Tron and other competitors in the stablecoin market as it seeks to make payments cheaper worldwide.

Stablecoin’s $1.2 trillion market projection

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Vitalik Buterin’s post is gaining traction, with one user agreeing that while “cheap” remains the primary requirement, there is also a need to guarantee privacy.  He noted that once these two requirements are in place, mass adoption is inevitable.

Interestingly, the stablecoin market is rapidly expanding, and Coinbase has projected it could hit $1.2 trillion by 2028. The exchange believes that the growth will progress gradually and be supported by friendly policies over time.





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Utila founders Sam Eiderman, CTO, and Bentzi Rabi, CEO (Utila)
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Silent Data Becomes First Privacy-Focused Layer 2 to Join Ethereum’s Superchain

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Silent Data, a new Ethereum Layer 2 network developed by Applied Blockchain, has become the first privacy-focused chain to join the Superchain, the company said in a Wednesday press release.

Built on the OP Stack, the London-based project is designed to let organizations run blockchain applications without exposing sensitive information, combining what it calls “programmable privacy” with scalability, performance, and regulatory alignment.

The OP Stack is the open-source development stack that powers the Optimism blockchain.

“Leveraging the OP Stack allows us to integrate into a robust and widely adopted Layer 2 ecosystem,” Applied Blockchain founder and CEO Adi Ben-Ari, said in the statement.

A layer 1 network is the base layer, or the underlying infrastructure of a blockchain. Layer 2 refers to a set of off-chain systems or separate blockchains built on top of layer 1s.

The Superchain, an ecosystem of more than 30 Layer 2 networks, includes Coinbase’s Base, OP Mainnet, Kraken’s Ink, Sony’s Soneium, Uniswap’s Unichain, and World Chain.

Silent Data is the first to introduce a privacy wrapper, enabling sensitive workloads to be executed on-chain without losing transparency or composability.

The project recently launched with a library of privacy-enabled applications and is already being tested across several industries.

Companies exploring its use include Tokeny, an Apex Group company, and Archax in real-world asset tokenization; Shell in energy trading; and CRYOPDP, a subsidiary of DHL Health Logistics, in healthcare and supply chain management.

Its stack can also be adopted by other Superchain layer 2s or projects looking to deploy their own rollups, signaling a wider move to bring enterprise-ready privacy into blockchain infrastructure, the firm said.



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Weekly Wrap Yzy Token Frenzy, Ethereum’s Prosperous Rally, Gemini Ipo Buzz, And More
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YZY Token Frenzy, Ethereum’s Prosperous Rally, Gemini IPO Buzz, and More

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The last week in the cryptocurrency world has been nothing short of electrifying, with a whirlwind of developments shaping the market landscape. While the Jackson Hole meeting pumped the markets, the uncertainties around upcoming rate cuts left investors confused. Here is the compilation of top stories, news and updates of last week to catch-up with, ahead of the beginning of the last week of this August. 

Top Headlines from the Past Week

Kanye West’s YZY Token 

The YZY token, launched by Kanye West on August 20, ignited a whirlwind of excitement in the crypto world. Debuting with an explosive $3 billion market cap within just 40 minutes and reaching a high of $3.16, the token quickly plummeted by 74% to $0.66, showcasing the volatile nature of celebrity-backed tokens. This rapid rise and fall sparked intense debate, with analysts pointing to the token’s centralized structure—87% of its supply controlled by a single wallet—as a red flag for potential manipulation and liquidity issues. 

Ethereum’s Continues to Outshine

Ethereum (ETH) has continued the rally to outshine its cryptocurrency peers, hitting a new all-time high of $4,953 on Sunday, according to CoinMarketCap data. This surge, marked a 12% increase over the past seven days, reflects growing institutional adoption for ETH with its solidifying dominance as the second-largest cryptocurrency. 

Gemini IPO Buzz 

Gemini, the U.S.-based cryptocurrency exchange, is making headlines as it prepares for a highly anticipated IPO, positioning itself as the third crypto exchange to go public after Coinbase and Bullish. In a latest update, Ripple has stepped in to support Gemini’s IPO ambitions by providing a $75 million credit line to bolster its financial stability and liquidity ahead of the public offering. This strategic partnership, detailed in Gemini’s updated filing, aims to counterbalance the reported losses and enhance its competitive edge against rivals like Kraken and Anchorage Digital, which are also eyeing IPOs in 2025. 

SBI Shaping Japan’s Crypto Economy

SBI Holdings is cementing its role as a trailblazer in Japan’s emerging crypto industry through a series of strategic moves. Last week, the financial conglomerate formed a joint venture with Circle and Ripple to advance the adoption of stablecoins (USDC and RLUSD). In a bold step forward, SBI Holdings is also set to launch an on-chain tokenized stock trading platform in partnership with Startale Group, announced on August 22. This platform promises round-the-clock trading of tokenized stocks and real-world assets, addressing gaps in traditional markets with features like faster cross-border settlements and fractional ownership. 

Binance’s BNB Hits New High

The native cryptocurrency of Binance ecosystem, BNB soared to a new all-time high of $899.70 on August 23, as reported by CoinMarketCap. This surge underscores growing interest in Binance’s existing market dominance as a leading crypto exchange. Being a cornerstone of its ecosystem, BNB caught the attention of investors who believe that Binance will keep dominating the space in this bullish timeline. 

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Top Highlight

On August 18, a swing trader made headlines by selling 2,277 Ethereum (ETH) worth $9.57 million at $4,203 per ETH amid a market downturn, locking in a substantial $4.04 million profit despite experiencing significant on-chain slippage.

This move, debated as either a panic sell or a strategic exit, highlights the volatility and risk inherent in crypto trading, with slippage—where executed prices deviate from expected ones due to rapid market shifts—playing a key role. 

What to Expect for This Week?

For the week of August 25–29, 2025, several microeconomic factors and major events are poised to influence the cryptocurrency landscape. The Federal Reserve’s Jackson Hole Symposium (August 21–23) aftermath, with Fed Chair Jerome Powell’s speech, continues to drive sentiment, as markets await clarity on interest rate policies amid mixed U.S. economic data. However, leading cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and others have further entered an even more volatile phase so this week will mark a significant impact on the crypto markets.



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Ethereum's Vitalik Buterin Makes Stunning Prediction: Details
NFT Gaming

Ethereum’s Vitalik Buterin Makes Stunning Prediction: Details

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  • Buterin makes important AI prediction
  • The Black Swan’s author on future of AI

Ethereum co-founder and its frontman, Vitalik Buterin, has made an important prediction about one of the ways AI bots may impact the future generation of people positively.

He also shared his take on a phenomenon that is quite popular at the moment — doomscrolling.

Buterin makes important AI prediction

Responding to a tweet published by X user @RuxandraTeslo about doomscrolling, Vitalik Buterin shared his take on this issue. He stated that he believes “there are good things to doomscroll and bad things to doomscroll.”

Right after that, he jumped onto another linked subject, which can be considered the doomscrolling of the future — using AI chatbots.

He predicted that AI can help shape “some of the smartest people of the next generation.” They may become that if they “spend their teenagehood curiously asking the bot all kinds of questions about science, the world, etc for hours a day.”

there are good things to doomscroll and bad things to doomscroll

I predict some of the smartest people of the next generation will be people who spend their teenagehood curiously asking the bot all kinds of questions about science, the world, etc for hours a day

(And this will…

— vitalik.eth (@VitalikButerin) August 23, 2025

On the other hand, per Buterin, there will be lots of teenagers who will “waste their lives talking to AI all day about much less meaningful things.”

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The Black Swan’s author on future of AI

Earlier today, the renowned scholar, statistician and author of such popular books as “The Black Swan” and “Skin in the Game,” Nassim Taleb, also opined on the future impact of artificial intelligence on humanity.

In particular, he spoke about one sphere so far — medicine. Taleb said that while AI can hardly replace doctors yet, it can disrupt the sphere of medical education by helping autodidacts educate themselves much more efficiently.





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