Today’s Insider ⬇️
🚀 Service Expansion: Mastercard expands support to USDC, PYUSD, RLUSD stablecoin settlement
📈 Nasdaq Listing: Grayscale Launches HYPG on Nasdaq, Entering a Three-Way Fee War for Hyperliquid ETF Assets
🤝 Corporate Partnership: Morgan Stanley lets clients lend bitcoin and other assets for in-kind spot crypto ETF conversions
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $60,608 | +0.06 | -42.28% |
Ethereum | $1,556 | -2.06% | -38.44% |
Solana | $62 | -4.39% | -59.41% |
XRP | $1.09 | -0.54% | -50.11% |
S&P 500 | $7,386 | -2.60% | +24.37% |
Gold | $4,322 | -3.47% | +35.17% |
1. Mastercard Expands Stablecoin Settlement to USDC, PYUSD, and RLUSD Across Eight Blockchains
Service expansion: Mastercard has expanded stablecoin settlement to support USDC, PYUSD, RLUSD, and SoFiUSD across eight blockchains, enabling intraday, weekend, and holiday card settlement.
🔎 Insider Insight: Supporting six stablecoins across eight blockchains signals Mastercard is building stablecoin settlement as core infrastructure rather than a pilot. Coming shortly after Visa's $7 billion annualized stablecoin settlement run rate, both major card networks are now actively competing on stablecoin rails.
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. Grayscale Launches Hyperliquid Staking ETF on Nasdaq, Triggering Three-Way Fee War
Nasdaq listing: Grayscale has launched HYPG, a Hyperliquid staking ETF on Nasdaq at a 0.29% fee, entering a three-way fee war with Bitwise and 21Shares for HYPE ETF assets.
🔎 Insider Insight: With all three funds holding the same underlying asset, fee compression and brokerage distribution will determine early flow capture rather than product differentiation. Bitwise's zero-fee introductory period is the immediate competitive threat, but Grayscale's distribution network could offset the basis-point disadvantage.
What term describes the irreversible recording of data on a blockchain?
3. Morgan Stanley Partners with Galaxy to Let Clients Convert Crypto into Spot ETF Shares
Corporate partnership: Morgan Stanley Wealth Management has partnered with Galaxy Digital to let eligible clients lend crypto assets in exchange for spot crypto ETP shares, cutting conversion onboarding times by up to 75%.
🔎 Insider Insight: The arrangement creates a direct bridge between high-net-worth crypto holders and regulated ETF exposure without a taxable sale event. Morgan Stanley's rapid crypto product expansion signals it is the most aggressively crypto-active traditional wealth manager in the market right now.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
