Millionaire businessman Kevin O’Leary has indicated that stablecoins are more 
valuable than Bitcoin because of their role in the global financial system. He 
also highlighted the “big opportunity” as one of the layer-1 networks could be 
the biggest beneficiary of traditional finance (TradFi) firms moving on-chain. 
Kevin O’Leary Praises Stablecoins Over Bitcoin In an X post, Kevin O’Leary 
shared a FOX interview in which he praised stablecoins over Bitcoin. He 
described BTC as a speculative asset whose price fluctuates due to its 
volatility. Meanwhile, the businessman called stablecoins an interesting 
product in financial services, noting that they are valuable because they are 
backed by U.S. Treasury bills. Related Reading: The Bitcoin Playbook To Know: 
Step 4 Says A Crash Is Coming, But Where’s The Bottom? O’Leary further 
remarked that the “beauty” of these stablecoins is that one can transfer them 
in seconds, not days. As such, he explained how these stablecoins top the 
current payment system, since one’s money can sometimes get lost when using 
FedWire or banking transfer systems. The businessman added that these transfer 
systems are also very expensive, which is another advantage stablecoins have 
over them, as one can transfer money for a fraction of the fee using 
stablecoins. As such, O’Leary suggested that stablecoins, rather than Bitcoin, 
could have a significant impact in the real world. However, he highlighted 
BTC’s edge, noting that it is commonly referred to as digital gold. It is 
worth noting that O’Leary is a Bitcoin bull despite his comment about BTC 
being a speculative asset. Last month, he revealed that he had consolidated 
his crypto holdings into just BTC and Ethereum after years of gaining exposure 
to other tokens. The businessman explained that he made this move to 
consolidate into just BTC and ETH after a regulatory shift and institutional 
analysis forced a reassessment. The Big Opportunity For Crypto Networks As 
part of his interview, Kevin O’Leary also mentioned that there is one big 
opportunity out there for crypto networks, with forecasts that the S&amp;P 500 
could adopt blockchain technology for contract analysis, inventory management, 
and logistics. He remarked that he doesn’t know which network will benefit 
most from this, as nobody knows which blockchain these companies will 
standardize on. Related Reading: Historical Data Shows How Many Days Are Left 
Until Bitcoin Price Hits New ATH Above $120,000 However, he noted that the 
winner among these crypto networks will emerge once at least one company in 
each of the economy&#8217;s 11 sectors chooses to standardize on that blockchain 
network. It is worth noting that Ethereum appears to be leading Bitcoin and 
other layer-1 networks in this regard at the moment. Ethereum is currently the 
leader in RWA tokenization, with the network holding 67% market share of all 
tokenized assets. RWA.xyz data shows that the network has a total RWA value of 
$18.6 billion, excluding stablecoins. Institutions have notably chosen 
Ethereum and other newer layer-1 networks over the Bitcoin network, which is 
lagging in RWA tokenization. Featured image from Pixabay, chart from 
Tradingview.com

Millionaire businessman Kevin O’Leary has indicated that stablecoins are more valuable than Bitcoin because of their role in the global financial system. He also highlighted the “big opportunity” as one of the layer-1 networks could be the biggest beneficiary of traditional finance (TradFi) firms moving on-chain. Kevin O’Leary Praises Stablecoins Over Bitcoin In an X &#8230;

Millionaire Businessman Reveals Where The Real Crypto Value Is, And It’s Not Bitcoin

Nvidia&#8217;s record revenue highlights the challenge of sustaining growth amid 
rising competition and evolving investor expectations in AI markets.
The post Nvidia posts record revenue of $81.6B, shares fall 1.6% in after- 
hours trading appeared first on Crypto Briefing.

Nvidia&#8217;s record revenue highlights the challenge of sustaining growth amid rising competition and evolving investor expectations in AI markets. The post Nvidia posts record revenue of $81.6B, shares fall 1.6% in after- hours trading appeared first on Crypto Briefing.

Nvidia posts record revenue of $81.6B, shares fall 1.6% in after-hours trading

Hoffman&#8217;s ETH sale and Bankless&#8217; transition may signal shifting dynamics in 
crypto media influence and Ethereum&#8217;s market perception.
The post Bankless co-founder sells last of his ETH as media outlet enters 
second era appeared first on Crypto Briefing.

Hoffman&#8217;s ETH sale and Bankless&#8217; transition may signal shifting dynamics in crypto media influence and Ethereum&#8217;s market perception. The post Bankless co-founder sells last of his ETH as media outlet enters second era appeared first on Crypto Briefing.

Bankless co-founder sells last of his ETH as media outlet enters second era

The potential de-escalation in US-Iran tensions could lower inflation, 
influence Fed policy, and impact risk assets like equities and crypto.
The post Oil prices fall over 6% as Trump says Iran deal negotiations near 
completion appeared first on Crypto Briefing.

The potential de-escalation in US-Iran tensions could lower inflation, influence Fed policy, and impact risk assets like equities and crypto. The post Oil prices fall over 6% as Trump says Iran deal negotiations near completion appeared first on Crypto Briefing.

Oil prices fall over 6% as Trump says Iran deal negotiations near completion

Sui Network&#8217;s gasless stablecoin transfers could accelerate blockchain 
adoption by simplifying user experience and reducing transaction friction.
The post SUI Network enables gasless stablecoin transfers, backed by 
Fireblocks appeared first on Crypto Briefing.

Sui Network&#8217;s gasless stablecoin transfers could accelerate blockchain adoption by simplifying user experience and reducing transaction friction. The post SUI Network enables gasless stablecoin transfers, backed by Fireblocks appeared first on Crypto Briefing.

SUI Network enables gasless stablecoin transfers, backed by Fireblocks

Nvidia&#8217;s AI infrastructure investments could redefine global computing, but 
success hinges on sustained demand and overcoming potential regulatory and 
competitive challenges.
The post Nvidia tells investors AI is ready for mainstream adoption appeared 
first on Crypto Briefing.

Nvidia&#8217;s AI infrastructure investments could redefine global computing, but success hinges on sustained demand and overcoming potential regulatory and competitive challenges. The post Nvidia tells investors AI is ready for mainstream adoption appeared first on Crypto Briefing.

Millionaire Businessman Reveals Where The Real Crypto Value Is, And It’s Not Bitcoin

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