Pornhub phases out USDT and adopts USDC as preferred stablecoin
Crypto Briefing·60-word summary·1 min read
Pornhub has phased out USDT and now uses USDC as its preferred stablecoin, emphasizing the importance of regulatory compliance and stablecoin reliability in digital payments. This change reflects broader industry trends toward more regulated and stable digital currencies, though no specific dates or amounts were provided. The move underscores the evolving landscape of stablecoin adoption in online platforms.
GSR launched its first crypto ETF, GSR Crypto Core3 (BESO), on Nasdaq on April 23, 2026. The fund holds Bitcoin, Ether, and Solana, rebalancing weekly based on research signals and earning staking rewards. It charges a 1% management fee, offering an actively managed strategy for investors seeking diversified exposure to major cryptocurrencies.
Solana (SOL) is trading near $90, a key resistance level it has struggled to break since February. Trading volume increased 35% to $5.3 billion in 24 hours, the highest weekly volume since early March. Additionally, Solana ETFs saw inflows for eight consecutive days, totaling $50 million, with assets under management reaching $863 million.
GraniteShares launched a 3x leveraged XRP ETF on Nasdaq on April 23, aiming to deliver 300% of XRP’s daily price movement. This move reflects growing institutional interest in XRP-linked products, with the ETF utilizing derivatives to achieve its leverage. The launch marks a significant step in XRP’s integration into mainstream financial markets.
Iran has stated that the reopening of the Strait of Hormuz depends on US compliance with a ceasefire, potentially impacting global oil supplies. The strategic waterway's closure could worsen oil shortages and stall diplomatic efforts in the Middle East. No specific dates or amounts were provided, but the statement highlights ongoing geopolitical tensions affecting energy markets.
CoreWeave secured an $8.5 billion AI loan on April 23, 2026, marking its shift from Bitcoin mining to ComputeFi. The company aims to surpass competitors like IREN and Nebius, which have a combined backlog of $67 billion. Meanwhile, Bitcoin ETFs attracted $335 million in inflows, with Bitcoin’s price trending upward at $78,000.
Ethereum's staking ratio reached a record 32.33%, locking up around 39 million ETH, which has contributed to renewed trader interest. Over the past week, ETH/BTC fell about 5.5%, with potential for a further 10% decline. Additionally, ETH ETFs saw nearly $494 million in net inflows over eight consecutive days, boosting optimism for ETH reaching $3,000.
