Here’s your crypto update about everything that actually mattered on Wednesday, because the market never sleeps and neither do the big players.
Metaplanet Doubles Down Like a Boss in Hot Crypto Update
The Japanese “MicroStrategy of Asia” just raised another ¥21.25 billion (~$130 million) through perpetual preferred shares, and Head of Bitcoin Strategy Dylan LeClair speaking exclusively to Coin Medium made it crystal clear in an exclusive chat: they’re never selling. Ever.
Volatility? Bring it. Their new Mercury product is straight fire with a 4.9% fixed dividend plus a juicy long-dated call option on the common stock. Institutions are eating it up, and this crypto update proves Metaplanet is playing chess while everyone else is panicking over red candles.
Abu Dhabi Just Turned USDT Into a Superhighway
Tether scored a massive regulatory green light from Abu Dhabi Global Market (ADGM). Starting now, every licensed firm in the zone can offer USDT on NINE new chains: Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON. That’s on top of Ethereum and Solana.
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Cheaper fees, faster transfers, and another loud signal that the UAE is dead serious about becoming the crypto capital of the Middle East. Huge crypto update for anyone moving real money in the Gulf.
Malaysia’s Royal Family Just Launched Their Own Stablecoin
Yeah, you read that right. The eldest son of Malaysia’s billionaire Sultan is dropping RMJDT, a ringgit-pegged stablecoin built for cross-border payments across Asia-Pacific.
It’s live on Zetrix (the China-friendly Layer 1), backed by a 500 million ringgit treasury, and clearly aimed at giving Beijing and ASEAN a homegrown digital dollar alternative.
When literal royalty starts issuing stablecoins, you know this crypto update isn’t small potatoes.
Three different continents, three monster moving in every direction and that’s your mid-week crypto update in a nutshell.
The game is moving faster than ever, and the only way to keep up is staying locked in. Follow Coin Medium right now so the next massive crypto update hits your feed the second it breaks.
