Daily Market Wrap | Feb. 25

Hot Topics

• Stripe is exploring a potential acquisition of all or parts of PayPal.
• Hong Kong plans to issue its first fiat-referenced stablecoin issuer licenses.
• 21Shares launches spot SUI ETF (TSUI) on Nasdaq, providing regulated U.S. exposure to Sui token.

Market Updates

• Anchorage Digital discloses holding Strategy's perpetual preferred stock STRC on its balance sheet.
• TruStage pilots dollar-pegged stablecoin TSDA for U.S. credit unions via Block Time partnership.