Binance believes its next phase of growth will come from payments and financial services rather than cryptocurrency trading alone, as stablecoins reshape how people use digital assets, according to Shunyet Jan, the exchange’s head of spot trading and derivatives business.

In an interview with CoinDesk on Binance’s ninth anniversary, Jan outlined the strategy as Binance and shared a glimpse of the platform’s future priorities.

“We’re trying to not just be a crypto exchange, but be a super app that involves payment,” Jan said. “If you think of us as a payment provider, then that number becomes much bigger.”

Jan said Binance’s new strategy reflects how people are increasingly using cryptocurrencies beyond trading. While trading remains at the core of Binance’s business, he said stablecoins are increasingly being used for payments and transfers, creating a larger market than trading alone.

“I don’t think it’s really leveled off,” Jan said. “What’s happened is that a lot of it is driven by stablecoin usage.”

As interest in AI-driven investing grows, platforms like MoneySimpler are attracting retirees seeking automated digital asset management and trading tools.

In the United States, many retirees are starting to look into digital asset investments, hoping to generate additional income beyond their fixed pensions and alleviate the pressure of daily expenses.

Instead of engaging in high-risk, blind speculation, they chose platforms like MoneySimpler. The platform features AI-powered automated trading, with returns settled daily. By participating in the  ETH market through smart trading strategies, users can earn up to $1,950 in passive income in a single day.

As artificial intelligence and digital finance continue to mature, this investment approach, which requires no manual monitoring and is fully automated, is gradually gaining favor among more and more American investors.

American retirement planning professionals and major financial media outlets have all noted that MoneySimpler is now a highly popular cryptocurrency investment platform in the private wealth management sector. The platform boasts transparent processes, compliant operations, and stable returns, providing Americans with a reliable new option for planning their retirement.

What is MoneySimpler?

Founded in 2020 and headquartered in the UK, Money Simpler is a cryptocurrency cloud AI automated trading company regulated by the Financial Conduct Authority (FCA) and operated by MONEY LINKS LTD. (FRN: 921139).

The platform provides users with automated digital asset trading services through AI market analysis and automated strategy execution, supporting mainstream digital assets such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP).

It covers 150 countries and regions, hasover 3 million registered users, manages over $2 billion in assets, and holds 1,717 Bitcoins and 35 million Ripple to ensure liquidity.

This means users can participate in cloud AI automated trading in an automated and standardized manner within a compliant and secure framework and earn daily cash settlements.

Why are more and more US retirees choosing to join MoneySimpler?

US retirement plans are primarily based on long-term investments in tax-advantaged accounts such as 401(k)/IRA, but the real purchasing power of many retirement funds has been eroded by prolonged low interest rates and inflationary pressures.

The regulated MoneySimpler offers a digital financing pathway focused on automation and stable cash flow.

Retirees can get started by depositing a small amount of money into supported crypto assets such as XRP or BTC.

MoneySimpler provides pre-designed trading strategies by a professional team. Its AI system continuously analyzes the market and automatically executes trades in digital assets such as BTC, ETH, and XRP. It continuously optimizes trading efficiency through intelligent algorithms and automated execution to achieve sustained returns.

MoneySimpler uses AI intelligent algorithms, preset trading strategies, and risk hedging as its core to generate passive income through automated trading, daily settlement, and automatic accounting.

How to get started?

Step 1 | Register an Account

Visit MoneySimpler and click “Register”. New users receive a $10 registration bonus and can experience the profit model.

Step 2 | Deposit Assets

Supported currencies: BTC / ETH / USDT (TRC20/ERC20) / XRP / BNB / USDC / ADA / SOL / DOGE / BCH / LTC, etc. Please select a familiar currency for deposit.

Step 3 | Activate Hashrate Contracts

Starting at $100, investors can choose a suitable contract level based on their funds and time constraints. The system will automatically execute trades; no programming or monitoring is required.

Featured Contracts Showcase:

Basis Arbitrage Strategy: Invest $100, 2-day cycle, daily return of $4; total return at maturity is $100 principal + $8 profit.

Digital Asset Trend Following Strategy 2.25: Invest $600, 7-day cycle, daily return of $7.62; total return at maturity is $600 principal + $53.34 in returns.

Digital Asset Trend Following Strategy 2.2: Invest $1,000, 10-day cycle, daily return of $13.2, total return at maturity is $1,000 principal + $132 profit.

Crypto Statistical Arbitrage Strategy 2.6: Invest $5,000, 20-day cycle, daily return of $71; total return at maturity is $5,000 principal + $1,420 in returns.

Cross-Exchange Arbitrage Strategy 3.6: Invest $10,000, 30-day cycle, daily return of $162, total return at maturity is $10,000 principal + $4,860 in returns.

Crypto Statistical Arbitrage Strategy 2.55: Invest $97,000, 45-day cycle, daily return of $1,891.5, with a total return at maturity of $97,000 principal + $85,117 in returns.

For more contract details, please visit the MoneySimpler official website. Once the contract is activated, the system will automatically execute trades without any technical configuration required.

Step 4 | Daily Settlement and Withdrawals/Reinvestment

Once the contract takes effect, earnings will be settled daily. Withdraw or reinvest at any time to create an automated digital cash flow.

A previous USA Today report mentioned:

MoneySimpler integrates traditional, mature financial risk control models with blockchain technology, making it a highly representative platform in the digital transformation of retirement financial planning in the United States.

Dr. Arthur Hamilton, a renowned industry researcher, stated:

“MoneySimpler’s operations are compliant and standardized, and its profit payment rules are open and transparent. In the domestic retirement savings sector, it is a digital asset management platform highly regarded by many.”

An ordinary investor who has lived in New York for many years and is retired shared his genuine experience:

“I no longer have to worry about my retirement savings slowly depreciating. MoneySimpler’s stable daily returns provide reliable financial security for my later years.”

Daily passive income plan for US retirees

With volatile market conditions and persistent inflation eroding the purchasing power of Social Security pensions, many American retirees are struggling to cover their retirement expenses. MoneySimpler offers a compliant, worry-free, and automatically accruing digital asset income stream specifically designed for US retirees. It’s more than just a simple investment tool; it’s a wealth management approach that makes asset management easy: no need to constantly monitor the market, allowing idle assets to operate continuously, with daily returns automatically credited to an account, steadily supplementing retirement income.

Visit MoneySimpler now to convert ETH or BTC into a stable $58,500 monthly passive income, providing added security for retirement.

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Federal Reserve Chairman Kevin Warsh speaks Tuesday to the House Financial Services Committee as part of the congressionally mandated semiannual monetary policy report.

The central bank leader’s appearance comes the same day the Bureau of Labor Statistics reported that consumer prices fell an unexpectedly sharp 0.4% in June, easing some worries among policymakers about inflation.

In remarks prepared for the appearance, Warsh promised a vigilant fight to return inflation to the Fed’s 2% target.

“The members of our Committee have no tolerance for persistently elevated inflation. And we share a resolute commitment to restoring price stability,” he said.

Read more
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Japan’s largest domestic payment network, JCB, has signed a memorandum of understanding with Circle to explore using USDC for cross-border payments and merchant transactions.

Under the memorandum, the companies will initially explore using USDC for JCB’s internal cross-border fund transfers through a proof of concept, while also evaluating stablecoin payments at merchants in Japan for international visitors. The companies said they will also assess technologies that support interoperability across multiple blockchain networks.

The agreement builds on a separate initiative JCB launched in January with Digital Garage and Resona Holdings to test stablecoin payments at physical stores in Japan. That project focuses on identifying technical and operational challenges to bringing stablecoin payments to domestic merchants.

Beyond the initial proof of concept, JCB and Circle said they will evaluate additional applications for stablecoin infrastructure aimed at cross-border payments and merchant services, though they did not provide a timeline for commercial deployment.

USDC is the world’s second-largest stablecoin by market capitalization, with a circulating supply of about $73 billion, behind Tether’s USDT at roughly $184 billion, according to DefiLlama data.

Source: DefiLlama

Related: USDC issuer Circle wins final approval for US national trust bank charter

Japan accelerates stablecoin payment adoption

The agreement adds to a growing number of stablecoin payment initiatives announced in Japan this year, as companies test blockchain-based payment and settlement systems across retail and corporate use cases.

In June, Circle and Japan’s largest investment bank, Nomura, were reported to be developing a stablecoin-based foreign exchange settlement service for Japanese companies. The service would allow businesses to convert yen into USDC for cross-border transactions and near-instant settlement.

On Monday, convenience store operator Lawson announced plans to test yen-denominated stablecoin payments at a Tokyo location beginning in August, while Japanese payments company Netstars launched a merchant payment service supporting USDC, USDT and JPYC across the Solana and Polygon blockchains.

Japan was among the first major economies to establish a legal framework for stablecoins, allowing banks, trust companies and licensed money transfer providers to issue fiat-backed tokens under amendments to the Payment Services Act that took effect in 2023.

The country has also been advancing broader digital asset reforms. In June, the Lower House passed a bill that would classify crypto assets as financial instruments, potentially opening the door to crypto exchange-traded funds and bringing the sector under stricter market rules.

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Japanese investment bank Mizuho downgraded Circle (CRCL) to underperform from neutral and slashed its price target to $50 from $85, arguing that OpenUSD’s business model threatens the stablecoin issuer’s long-term economics.

Circle shares were trading 0.6% lower at $62.63 at publication time.

Open USD, a dollar-backed stablecoin unveiled June 30 by the Open Standard consortium, “could fundamentally alter CRCL’s business model, which relies on retaining a large portion of the treasury yield to drive revenues,” analysts led by Dan Dolev said in the Tuesday note to clients.

The consortium counts more than 140 partners, including Mastercard (MA), Stripe, Coinbase (COIN) and BlackRock (BLK).

USDC has also lost momentum in recent months, with its circulating supply falling to about $73 billion from nearly $80 billion in March. The decline comes as the stablecoin market has shrunk by roughly $10 billion since May amid softer crypto trading activity and growing competition from newly regulated issuers.

Unlike Circle’s USDC model, which captures reserve income before sharing a portion with partners such as Coinbase and Binance, Open USD charges a small operating fee and distributes most reserve income to issuers and distributors, the analysts said.

The United States and the United Kingdom have laid out a plan to make it easier for tokenized financial products to move between their markets, signaling that both governments want blockchain-based finance to become a bigger part of mainstream capital markets.

Released Tuesday by the U.S. Department of the Treasury and HM Treasury, the recommendations from the Transatlantic Taskforce for Markets of the Future focus on reducing regulatory friction that could slow the growth of tokenized securities, stablecoins and other digital assets operating across both countries.

The report sets out 10 recommendations covering digital assets and traditional capital markets.

On the digital asset side, governments propose creating an industry-led working group to test cross-border tokenization projects, coordinate the regulation of tokenized securities, and support the development of cross-border stablecoins. They also want to review global banking standards for cryptoassets and build policy frameworks that allow stablecoins, tokenized bank deposits and other forms of digital money to coexist.

The two governments also issued a joint statement backing cross-border stablecoin activity, stating that the private sector will play a central role in developing digital money and payment systems.

Cathie Wood has expanded ARK Invest’s position in SpaceX with a new $21.3 million purchase even as fresh warnings about a potential AI-driven market bubble have unsettled investor sentiment.

According to data from Yahoo Finance, SpaceX stock continued its recent slide on Monday, July 13, closing at $139.14, down 4.24% for the session. It has since recovered modestly, trading around $140.69 during Tuesday’s session.

According to ARK Invest’s daily trading disclosures, the firm bought 130,241 shares of SpaceX across its ARK Innovation ETF (ARKK), ARK Autonomous Technology & Robotics ETF (ARKQ), and ARK Next Generation Internet ETF (ARKW). The combined purchase was valued at about $21.3 million.

As reported by crypto.news earlier, the latest transaction extends ARK Invest’s buying campaign during SpaceX’s post-listing decline.

Last month, the investment manager acquired about $32.5 million worth of SpaceX shares after the stock fell more than 16% from its post-IPO peak. That followed an investment of roughly $444.3 million across four ETFs on the company’s Nasdaq debut on June 12.

ARK Invest keeps adding despite technical weakness

With the latest decline, SpaceX shares have slipped below the $150 level that previously served as an important price area. Notably, $145 has now become a key resistance level after earlier acting as support.

This continued selling could push the stock below its $135 IPO price if bearish pressure remains. SpaceX shares rebounded after ARK Invest bought about $52 million worth of stock during an earlier buying round last week.

Technical indicators, however, continue to paint a cautious picture. The MACD indicator has turned negative, suggesting bearish momentum is still active and could make it harder for the stock to recover above $150 in the near future.

Treasury report outlines AI-related market risks

While ARK Invest increased its exposure to SpaceX, attention has also turned to a draft report from the U.S. Department of the Treasury examining risks tied to the rapid expansion of artificial intelligence.

Drawing on research by career-focused researchers at the University of Texas at Austin, cited by NOTUS, the report said AI companies are now more deeply connected to the U.S. economy than internet firms were during the dot-com era.

According to the report, any sharp downturn in the AI sector could spread beyond technology stocks into private credit, semiconductor manufacturers, cloud service providers, electric utilities, and businesses financing large-scale data center construction.

The Treasury report did not predict that such a downturn is imminent. Instead, it described a downside scenario in which AI companies fail to deliver the productivity gains and profitability currently expected by investors.

Under those conditions, the report said investment growth could slow, investor confidence could weaken, and economic expansion could lose momentum. It also identified supply chain disruptions, geopolitical tensions, electricity shortages, and financing constraints for data center infrastructure as additional risks.

Meanwhile, market observers continue to debate whether AI valuations have become stretched. In a recent Substack post, Bernstein and Cummings argued that the performance of leading AI stocks indicates the bubble is “still inflating.”

They also wrote that major technology companies are committing so much capital to AI that their cash reserves are shrinking, while technology investment has climbed to nearly 5% of U.S. GDP, exceeding levels seen during the dot-com era.

A different approach has emerged at BlackRock. According to comments from BlackRock analyst Rick Rieder, the asset manager is reducing exposure to companies whose businesses are centered on artificial intelligence and instead increasing focus on firms expected to benefit indirectly from AI demand.

One example he cited was Bitcoin miner TeraWulf, which has signed a 20-year agreement with Anthropic to host one of the company’s data centers.

The lack of Wikipedia coverage is a more acute concern in an era where more users get their information from AI tools like ChatGPT. The report cites data from the AI tracking site Profound, which shows that 7.8% of links to sources on ChatGPT go to Wikipedia, compared to 1.8% and 1.1% to Reddit and Forbes, respectively, in second and third place.

The report also cites data from Trakkr, which shows that Wikipedia accounted for 36% of the top-10 citation links on ChatGPT and 25% of the top 100.

Contrary to popular belief, not everyone can create a Wikipedia page. The domain for doing so involves passing through tiers of protection and moderation views, according to Chainstory’s report. Volunteer reviewer’s must check prospective new articles against a number of factors, such as notability, verifiability and reliable sources.

Even when an article clears the process, it can still be deleted by administrators or via a 7-day community vote, which cannot be appealed.

Not helping matters for crypto projects is Wikipedia’s guidelines for crypto-centric news organizations (including CoinDesk), which describe them as “overwhelmingly enthusiastic about cryptocurrencies” and “generally unreliable.”

Mainstream news outlets that cover crypto, such as Reuters and Bloomberg, are regarded as reliable, the report said, but they are less likely to explore niche areas of the industry, such as liquid staking and perpetual exchanges.