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In Southeast Asia, Philippine fintech Mynt is moving toward what could be the country's largest ever public listing, with a valuation north of seven billion dollars. The GCash parent has built serious scale in mobile payments across the Philippines, and this IPO would put it firmly on the map for emerging market investors watching the region's digital finance buildout.
Crossing to crypto, Michael Saylor's Strategy has added another three hundred thirty-four bitcoin to its balance sheet at a cost of twenty-eight point seven million dollars, pushing total holdings past eight hundred forty-eight thousand coins — roughly four percent of bitcoin's entire twenty-one million coin supply. Saylor framed the move, in his words, as being more orange than ever, signaling no slowdown in his conviction trade regardless of near-term price volatility.
Meanwhile, a quieter but consequential story is developing inside the stablecoin market. Circle, the issuer of USDC, has disclosed that European holders seeking dollar redemptions could face delays if reserves cannot move freely between its French and American entities. That structural gap — a cash-access boundary inside a token marketed as seamlessly global — raises real questions about stablecoin reliability under cross-border regulatory stress.
That's the tape. Markets Desk, signing off the floor.
