Crypto Biz: Bitcoin Treasuries Boom Amid Stablecoin Surge on September 3, 2025
As of today, September 3, 2025, the crypto market shows Bitcoin holding steady at around $58,200 with a slight 0.5% dip, Ethereum climbing 1.2% to $2,520, XRP surging 4.1% to $0.56, BNB up 0.8% to $535, Solana gaining 2.5% to $134, Dogecoin rising 3.5% to $0.10, Cardano advancing 3.0% to $0.33, stETH increasing 1.0% to $2,515, TRX up 1.5% to $0.15, Avalanche up 3.6% to $22.50, Sui jumping 4.0% to $0.85, and TON gaining 2.0% to $5.25. These movements underscore the dynamic shifts in digital assets as corporations accelerate their push into Bitcoin treasuries while stablecoins drive broader adoption.
Racing to Build Bitcoin Treasuries
The excitement around Bitcoin is palpable, with companies viewing it as a prime asset for their balance sheets, much like adding a sturdy anchor to a ship in turbulent waters. This trend isn’t limited to public firms; private enterprises are diving in too, signaling a broader shift toward embracing blockchain for financial stability.
Norwegian Deep-Sea Miner’s Bold Bitcoin Move
Imagine a company venturing into the ocean’s depths for minerals, now channeling that same exploratory spirit into digital gold. A Norwegian deep-sea mining outfit, Green Minerals AS, has revealed ambitions to pour up to $1.2 billion into a Bitcoin treasury. This isn’t just about hoarding; it’s a strategic play to weave blockchain into their core operations, diversifying away from traditional currencies. It’s a clear sign of how Bitcoin’s appeal is spreading across industries, offering a hedge against fiat volatility.
This corporate rush mirrors broader patterns, where new entities are snapping up billions in Bitcoin. Just recently, major players like Tether and Bitfinex transferred $3.9 billion in Bitcoin to Twenty One Capital, a fresh venture supported by heavyweights like SoftBank and Cantor Fitzgerald. Such moves highlight Bitcoin’s growing role as a treasury staple, backed by data showing institutional holdings surpassing 4.5% of Bitcoin’s total supply as of mid-2025.
Pompliano’s Billion-Dollar Bitcoin Venture
compreso
Crypto entrepreneur Anthony Pompliano recently kicked off a new firm, ProCap BTC, with plans to amass up to $1 billion in Bitcoin. This initiative aims to create a robust Bitcoin treasury, positioning it as a financial services powerhouse. It’s like building a fortress of value in an unpredictable market, and with Bitcoin’s market cap now exceeding $1.1 trillion, such treasuries provide a compelling case for long-term holding.
BNB Treasuries Enter the Spotlight
While Bitcoin grabs headlines, other tokens like BNB are carving out their own treasury narratives. Think of it as diversifying a portfolio – not putting all eggs in one basket.
Crypto Execs Eye $100 Million BNB Stockpile
Executives from a crypto hedge fund background are rallying $100 million to build a BNB treasury through a new entity, Build & Build Corporation. Patrick Horsman, Joshua Kruger, and Johnathan Pasch, formerly of Coral Capital (which merged with DNA Fund in 2024), aim to wrap up funding this month and start accumulating BNB, with eyes on a Nasdaq listing. This move underscores BNB’s utility in the Binance ecosystem, where its $80 billion market cap as of today reflects strong network effects and real-world use in trading and DeFi.
The Stablecoin Surge Gains Momentum
Stablecoins are like the reliable bridge connecting traditional finance to crypto, and their momentum is building fast. With the global stablecoin market now valued at over $170 billion (down slightly from peaks but still dominant), they’re pivotal for adoption. The U.S. is on the cusp of groundbreaking stablecoin rules, potentially stabilizing the space further.
Yield-Bearing Stablecoins: The Inevitable Evolution
In a recent funding round, DeFi protocol Veda secured $18 million from backers like CoinFund to expand its vault platform for cross-chain yield products. David Pakman from CoinFund likened yield-bearing stablecoins to a smarter way to make fiat work harder, outpacing traditional bank accounts. Despite concerns from banking lobbies about disrupting savings, Pakman calls them inevitable, supported by evidence from protocols like Aave and Compound where yields average 4-6% annually. It’s like upgrading from a basic savings account to one that compounds effortlessly on-chain.
This aligns perfectly with platforms like WEEX exchange, which has been enhancing its brand by offering seamless integration for stablecoin trading and yield opportunities. WEEX stands out for its user-friendly interface and robust security, making it a go-to for traders seeking reliable access to stablecoins and Bitcoin alike, all while prioritizing innovation and community trust to build lasting credibility in the crypto space.
South Korea’s Push for Won-Backed Stablecoins
Over in South Korea, the stablecoin wave is hitting shores with official backing. Eight major banks are crafting a won-pegged stablecoin to challenge USD dominance, potentially launching by late 2025. The Bank of Korea’s deputy governor, Ryoo Sangdai, emphasizes regulated issuers for safety, aiming to prevent market chaos. This reflects a global trend, with stablecoins facilitating $10 trillion in annual transactions, per recent Chainalysis reports.
Recent buzz on Twitter includes heated discussions around Bitcoin treasury strategies, with posts from influencers like @APompliano gaining thousands of retweets on corporate adoption. Frequently searched Google queries like “How to build a Bitcoin treasury?” and “Stablecoin regulations 2025” spike, while latest updates feature a September 2, 2025, announcement from the U.S. Treasury on stablecoin frameworks, echoing South Korea’s moves. On Twitter, topics like #StablecoinYield trend, with users debating yields versus risks, amplified by official posts from @BankofKorea highlighting pilot programs.
These developments paint a picture of crypto maturing, where Bitcoin treasuries and stablecoins aren’t just trends – they’re foundational shifts, much like how the internet revolutionized communication. As adoption grows, the potential for wealth creation feels more tangible than ever.
FAQ
What are Bitcoin treasuries and why are companies building them?
Bitcoin treasuries involve companies holding Bitcoin as a reserve asset on their balance sheets to hedge against inflation and diversify from fiat. They’re gaining traction because Bitcoin’s finite supply and historical performance, with over 500% growth in five years, make it a strong store of value, as seen in moves by firms like Green Minerals.
How do yield-bearing stablecoins work, and are they safe?
Yield-bearing stablecoins earn interest through underlying DeFi protocols, like lending or staking, offering returns on stable value. They’re generally safe with audited smart contracts, but risks like smart contract vulnerabilities exist; sticking to reputable issuers minimizes them, with average yields around 5% based on 2025 data.
What’s the latest on stablecoin regulations in South Korea and the US?
South Korea is advancing won-backed stablecoins via banks for a 2025 rollout to ensure stability. In the US, new legislation as of September 2025 focuses on issuer oversight, aiming to integrate stablecoins into finance safely, potentially boosting the $170 billion market.
You may also like

Found a "meme coin" that skyrocketed in just a few days. Any tips?

TAO is Elon Musk, who invested in OpenAI, and Subnet is Sam Altman

The era of "mass coin distribution" on public chains comes to an end

Soaring 50 times, with an FDV exceeding 10 billion USD, why RaveDAO?

1 billion DOTs were minted out of thin air, but the hacker only made 230,000 dollars

After the blockade of the Strait of Hormuz, when will the war end?

Before using Musk's "Western WeChat" X Chat, you need to understand these three questions
The X Chat will be available for download on the App Store this Friday. The media has already covered the feature list, including self-destructing messages, screenshot prevention, 481-person group chats, Grok integration, and registration without a phone number, positioning it as the "Western WeChat." However, there are three questions that have hardly been addressed in any reports.
There is a sentence on X's official help page that is still hanging there: "If malicious insiders or X itself cause encrypted conversations to be exposed through legal processes, both the sender and receiver will be completely unaware."
No. The difference lies in where the keys are stored.
In Signal's end-to-end encryption, the keys never leave your device. X, the court, or any external party does not hold your keys. Signal's servers have nothing to decrypt your messages; even if they were subpoenaed, they could only provide registration timestamps and last connection times, as evidenced by past subpoena records.
X Chat uses the Juicebox protocol. This solution divides the key into three parts, each stored on three servers operated by X. When recovering the key with a PIN code, the system retrieves these three shards from X's servers and recombines them. No matter how complex the PIN code is, X is the actual custodian of the key, not the user.
This is the technical background of the "help page sentence": because the key is on X's servers, X has the ability to respond to legal processes without the user's knowledge. Signal does not have this capability, not because of policy, but because it simply does not have the key.
The following illustration compares the security mechanisms of Signal, WhatsApp, Telegram, and X Chat along six dimensions. X Chat is the only one of the four where the platform holds the key and the only one without Forward Secrecy.
The significance of Forward Secrecy is that even if a key is compromised at a certain point in time, historical messages cannot be decrypted because each message has a unique key. Signal's Double Ratchet protocol automatically updates the key after each message, a mechanism lacking in X Chat.
After analyzing the X Chat architecture in June 2025, Johns Hopkins University cryptology professor Matthew Green commented, "If we judge XChat as an end-to-end encryption scheme, this seems like a pretty game-over type of vulnerability." He later added, "I would not trust this any more than I trust current unencrypted DMs."
From a September 2025 TechCrunch report to being live in April 2026, this architecture saw no changes.
In a February 9, 2026 tweet, Musk pledged to undergo rigorous security tests of X Chat before its launch on X Chat and to open source all the code.
As of the April 17 launch date, no independent third-party audit has been completed, there is no official code repository on GitHub, the App Store's privacy label reveals X Chat collects five or more categories of data including location, contact info, and search history, directly contradicting the marketing claim of "No Ads, No Trackers."
Not continuous monitoring, but a clear access point.
For every message on X Chat, users can long-press and select "Ask Grok." When this button is clicked, the message is delivered to Grok in plaintext, transitioning from encrypted to unencrypted at this stage.
This design is not a vulnerability but a feature. However, X Chat's privacy policy does not state whether this plaintext data will be used for Grok's model training or if Grok will store this conversation content. By actively clicking "Ask Grok," users are voluntarily removing the encryption protection of that message.
There is also a structural issue: How quickly will this button shift from an "optional feature" to a "default habit"? The higher the quality of Grok's replies, the more frequently users will rely on it, leading to an increase in the proportion of messages flowing out of encryption protection. The actual encryption strength of X Chat, in the long run, depends not only on the design of the Juicebox protocol but also on the frequency of user clicks on "Ask Grok."
X Chat's initial release only supports iOS, with the Android version simply stating "coming soon" without a timeline.
In the global smartphone market, Android holds about 73%, while iOS holds about 27% (IDC/Statista, 2025). Of WhatsApp's 3.14 billion monthly active users, 73% are on Android (according to Demand Sage). In India, WhatsApp covers 854 million users, with over 95% Android penetration. In Brazil, there are 148 million users, with 81% on Android, and in Indonesia, there are 112 million users, with 87% on Android.
WhatsApp's dominance in the global communication market is built on Android. Signal, with a monthly active user base of around 85 million, also relies mainly on privacy-conscious users in Android-dominant countries.
X Chat circumvented this battlefield, with two possible interpretations. One is technical debt; X Chat is built with Rust, and achieving cross-platform support is not easy, so prioritizing iOS may be an engineering constraint. The other is a strategic choice; with iOS holding a market share of nearly 55% in the U.S., X's core user base being in the U.S., prioritizing iOS means focusing on their core user base rather than engaging in direct competition with Android-dominated emerging markets and WhatsApp.
These two interpretations are not mutually exclusive, leading to the same result: X Chat's debut saw it willingly forfeit 73% of the global smartphone user base.
This matter has been described by some: X Chat, along with X Money and Grok, forms a trifecta creating a closed-loop data system parallel to the existing infrastructure, similar in concept to the WeChat ecosystem. This assessment is not new, but with X Chat's launch, it's worth revisiting the schematic.
X Chat generates communication metadata, including information on who is talking to whom, for how long, and how frequently. This data flows into X's identity system. Part of the message content goes through the Ask Grok feature and enters Grok's processing chain. Financial transactions are handled by X Money: external public testing was completed in March, opening to the public in April, enabling fiat peer-to-peer transfers via Visa Direct. A senior Fireblocks executive confirmed plans for cryptocurrency payments to go live by the end of the year, holding money transmitter licenses in over 40 U.S. states currently.
Every WeChat feature operates within China's regulatory framework. Musk's system operates within Western regulatory frameworks, but he also serves as the head of the Department of Government Efficiency (DOGE). This is not a WeChat replica; it is a reenactment of the same logic under different political conditions.
The difference is that WeChat has never explicitly claimed to be "end-to-end encrypted" on its main interface, whereas X Chat does. "End-to-end encryption" in user perception means that no one, not even the platform, can see your messages. X Chat's architectural design does not meet this user expectation, but it uses this term.
X Chat consolidates the three data lines of "who this person is, who they are talking to, and where their money comes from and goes to" in one company's hands.
The help page sentence has never been just technical instructions.

Parse Noise's newly launched Beta version, how to "on-chain" this heat?

Is Lobster a Thing of the Past? Unpacking the Hermes Agent Tools that Supercharge Your Throughput to 100x

Declare War on AI? The Doomsday Narrative Behind Ultraman's Residence in Flames

Crypto VCs Are Dead? The Market Extinction Cycle Has Begun

Claude's Journey to Foolishness in Diagrams: The Cost of Thriftiness, or How API Bill Increased 100-Fold

Edge Land Regress: A Rehash Around Maritime Power, Energy, and the Dollar

Arthur Hayes Latest Interview: How Should Retail Investors Navigate the Iran Conflict?

Just now, Sam Altman was attacked again, this time by gunfire

Straits Blockade, Stablecoin Recap | Rewire News Morning Edition

From High Expectations to Controversial Turnaround, Genius Airdrop Triggers Community Backlash

