Today’s Insider ⬇️
Native Stablecoin: MoneyGram launches MGUSD stablecoin on Stellar to power cross-border payments
OTC Prediction Market: Galaxy Digital opens OTC prediction market trading for institutions, kicks off with $10 million Kalshi trade
Record Opening: CME's 24/7 crypto derivatives market sees $50 million in opening weekend trading
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $67,542 | -5.55 | -35.29% |
Ethereum | $1,922 | -3.13% | -24.41% |
Solana | $76 | -4.55% | -49.77% |
XRP | $1.23 | -4.72% | -42.79% |
S&P 500 | $7,606 | +0.08% | +28.14% |
Gold | $4,484 | -0.85% | +34.08% |
1. MoneyGram Launches MGUSD Stablecoin on Stellar to Power Cross-Border Payments
Native stablecoin: MoneyGram has launched MGUSD, a U.S. dollar-backed stablecoin on Stellar issued by Stripe-owned Bridge, starting with U.S. users before expanding to its 60 million global customers.
🔎 Insider Insight: MoneyGram's 500,000 physical retail locations enable digital stablecoin transfers that can still be cashed out locally, a feature purely digital stablecoin products cannot match. The launch puts one of the world's largest remittance networks squarely in the stablecoin race alongside PayPal, SoFi, and Western Union.
Top Crypto Insider Pick of 2026
BlockchainFX Attracts Massive Attention as it Nears $15M Presale Target
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: Having raised over $14 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.035, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.
2. Galaxy Digital Opens Institutional OTC Prediction Market Desk with $10 Million Kalshi Trade
OTC prediction market: Galaxy Digital has launched an institutional OTC prediction market trading desk, opening with a $10 million trade with hedge fund Arca on Kalshi tied to the Clarity Act's passage.
🔎 Insider Insight: The launch addresses a structural gap where retail prediction market liquidity has been insufficient for institutional position sizes. Following Wintermute, BitGo, and Jump Trading into the space, Galaxy's entry signals institutional prediction market infrastructure is consolidating rapidly.
What term describes the irreversible recording of data on a blockchain?
3. CME's 24/7 Crypto Derivatives Market Posts $50 Million in Opening Weekend Volume
Record opening: CME Group's 24/7 crypto derivatives market saw over 7,200 contracts worth $50 million in its opening weekend, with bitcoin volatility futures also going live on Monday.
🔎 Insider Insight: Opening weekend volume validates institutional demand for around-the-clock regulated derivatives access unavailable on traditional venues. CME's always-on shift narrows the structural gap between regulated exchanges and crypto-native venues that have operated 24/7 since inception.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
