Galaxy Digital Unveils New Trading App With Shocking 8% APY – But There’s a Catch

Galaxy Digital has launched GalaxyOne, unifying crypto, stock, and cash management. The platform has offered 4% APY on FDIC-insured cash and 8% on Galaxy Premium Yield Notes, backed by its lending desk, and has supported trading in BTC, ETH, SOL, and PAXG with commission-free U.S. equities.
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Banking Giant Issues Dire Warning: Stablecoins Could Drain $1 Trillion From Global Banks by 2028

Standard Chartered has said stablecoins have functioned as USD accounts in EM, projecting $1.22T by 2028 and a $1T drain from deposits. The U.S. GENIUS Act has set rules and the Bank of England has proposed caps, as EM Banks have faced pressure in high-inflation markets.
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