Part 11/14:
Paxos is expanding its stablecoins onto Solana, making it the only chain to be recognized across multiple jurisdictions. Additionally, traditional finance giants like Visa and PayPal are lining up their stablecoin offerings, hinting at comprehensive adoption bridges between traditional finance and blockchain.
Stock Market Highlights
Major tech stocks have displayed strength, with Nvidia soaring 8.5% and contributing to a total market cap increase of $1.5 trillion in the first 19 days of 2024. Nvidia is rapidly approaching a valuation that could make it the fifth-largest public company globally, emphasizing the AI revolution's impact.
Other notable movements include: