{"id":8037,"date":"2025-06-17T10:20:25","date_gmt":"2025-06-17T10:20:25","guid":{"rendered":"https:\/\/paybis.com\/blog\/?p=8037"},"modified":"2025-06-25T12:36:25","modified_gmt":"2025-06-25T12:36:25","slug":"paybis-weekly-crypto-digest-11","status":"publish","type":"post","link":"https:\/\/paybis.com\/blog\/paybis-weekly-crypto-digest-11\/","title":{"rendered":"This Week in Crypto: $100K Gas Fees, Tether&#8217;s Big Moves, TON Surges in NFT Trading"},"content":{"rendered":"\n<p>The crypto world never sleeps, and this week has proven once again how dynamic and unpredictable the space can be. From jaw-dropping gas fees to new blockchain launches and unexpected institutional moves, here are the 10 most important developments shaping the future of crypto right now.<\/p>\n\n\n<div class=\"text-bg-color\" id=\"block_d0261bb0f1d3ea90352e74f5e908930a\">\r    <div class=\"text-bg-color__content\">\r                <p style=\"text-align: center;\"><strong>Try out <a href=\"https:\/\/paybis.com\/?utm_source=blog&amp;utm_medium=weekly-digest&amp;utm_campaign=11\">Paybis<\/a> now to buy, sell, swap, and manage your favorite cryptos.<\/strong><\/p>\n    <\/div>\r<\/div>\n\n\n<h2 class=\"wp-block-heading\"><a id=\"post-8037-_400aju2qfvaf\"><\/a>A User Paid $100,000 in Gas to Invest $10M in Plasma<\/h2>\n\n\n\n<p>A crypto investor made headlines by spending <a href=\"https:\/\/x.com\/Cointelegraph\/status\/1932139430833217607\">39 ETH, worth roughly $100,000<\/a>, in gas fees to deposit $10 million USDC into Plasma, a relatively new DeFi protocol. The high cost drew attention to Ethereum&#8217;s scalability issues, even as Layer-2 solutions continue to grow. The transaction has sparked debate on whether such fees are justifiable for large trades or symptomatic of deeper inefficiencies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a id=\"post-8037-_l16mg2suyk78\"><\/a>Tether Mints Another $1 Billion of USDT<\/h2>\n\n\n\n<p><a href=\"https:\/\/paybis.com\/buy-tether-trc20\/?utm_source=blog&amp;utm_medium=weekly-digest&amp;utm_campaign=11\">Tether<\/a> has minted <a href=\"https:\/\/www.bitrue.com\/blog\/tether-usdt-mint-tron-2025\">1,000,000,000 USDT,<\/a> adding to its already dominant stablecoin supply. While the company stated this is an inventory replenishment on the Tron network, critics argue that such massive minting could lead to concerns about transparency and systemic risk, especially in times of market uncertainty.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a id=\"post-8037-_gwospf6ic6bi\"><\/a>TON Leads Daily NFT Volume<\/h2>\n\n\n\n<p>Telegram founder Pavel Durov announced that TON (The Open Network) is now the leading blockchain by <a href=\"https:\/\/www.binance.com\/ka-GE\/square\/post\/25641433669569\">daily NFT trading volume<\/a>, or ranks second after Ethereum when off-chain trades are excluded. <a href=\"https:\/\/paybis.com\/buy-toncoin\/?utm_source=blog&amp;utm_medium=weekly-digest&amp;utm_campaign=11\">TON\u2019s<\/a> NFT market is booming, largely thanks to its integration with Telegram, which has made digital collectibles more accessible to a broader user base.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a id=\"post-8037-_h49cd2uosicx\"><\/a>Tether to Launch Bitcoin Mining OS in 2025<\/h2>\n\n\n\n<p>Tether revealed plans to release an open-source operating system for Bitcoin mining, known as <a href=\"https:\/\/cointelegraph.com\/news\/tether-bitcoin-mining-software-open-source#:~:text=The%20USDt%20issuer%20plans%20to,according%20to%20CEO%20Paolo%20Ardoino.&amp;text=Stablecoin%20issuer%20Tether%20plans%20to,on%20expensive%20third%2Dparty%20vendors.\">Moria Operating System (MOS)<\/a>, by the end of 2025. The OS is aimed at optimizing mining hardware performance and increasing decentralization. This move signals Tether\u2019s deeper involvement in Bitcoin\u2019s infrastructure beyond stablecoins.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a id=\"post-8037-_261xsj9ls2y5\"><\/a>Ethereum Staking Hits Record High at 34.8 Million ETH<\/h2>\n\n\n\n<p><a href=\"https:\/\/paybis.com\/buy-ethereum\/?utm_source=blog&amp;utm_medium=weekly-digest&amp;utm_campaign=11\">Ethereum<\/a> staking has reached a new all-time high, with <a href=\"https:\/\/www.bitget.com\/news\/detail\/12560604806671\">34,809,062 ETH<\/a> now locked in validators. This milestone reflects growing trust in Ethereum\u2019s long-term viability post-Merge and an increasing appetite for yield among investors. At current prices, the total value staked exceeds $120 billion.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a id=\"post-8037-_dgmy3i4thpn0\"><\/a>Societe Generale Launches Dollar-Backed Stablecoin USDCV<\/h2>\n\n\n\n<p>French banking giant Societe Generale has issued a <a href=\"https:\/\/www.reuters.com\/business\/finance\/societe-generale-launch-dollar-pegged-stablecoin-2025-06-10\/\">dollar-backed stablecoin named USDCV<\/a>. The token will operate on both Ethereum and Solana, with BNY Mellon serving as the custodian of the underlying assets. This marks a significant step in traditional finance&#8217;s deeper integration with decentralized technologies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a id=\"post-8037-_8afgg8mj1ior\"><\/a>Bitcoin Core to Update OP_RETURN in October<\/h2>\n\n\n\n<p>The Bitcoin Core development team is preparing to modify the behavior of <a href=\"https:\/\/www.binance.com\/en\/square\/post\/25460469394033\">OP_RETURN<\/a> in an upcoming release this October. OP_RETURN allows users to embed data in <a href=\"https:\/\/paybis.com\/?utm_source=blog&amp;utm_medium=weekly-digest&amp;utm_campaign=11\">Bitcoin<\/a> transactions, a feature that\u2019s been used for NFTs, timestamping, and more. The upcoming change aims to improve blockchain efficiency and prevent data abuse.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a id=\"post-8037-_5rcsv43tkkkl\"><\/a>Ripple to Launch Ethereum-Compatible XRP Sidechain<\/h2>\n\n\n\n<p><a href=\"https:\/\/paybis.com\/buy-ripple\/?utm_source=blog&amp;utm_medium=weekly-digest&amp;utm_campaign=11\">Ripple<\/a> has announced plans for a sidechain based on the <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/06\/11\/xrp-ledger-s-ethereum-compaitable-sidechain-to-go-live-in-q2\">XRP Ledger<\/a> that will be fully compatible with the Ethereum Virtual Machine (EVM). This move could bridge Ripple\u2019s fast settlement layer with Ethereum\u2019s vast DeFi ecosystem, opening the door to cross-chain liquidity and smart contract integration.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a id=\"post-8037-_9enewjp3vnvj\"><\/a>BlackRock Buys $570M Worth of Ethereum<\/h2>\n\n\n\n<p>Blockchain intelligence firm Arkham has identified wallet addresses allegedly belonging to BlackRock that have accumulated over <a href=\"https:\/\/www.bitget.com\/news\/detail\/12560604811180#:~:text=BlackRock%2Dassociated%20portfolios%20have%20been,in%20cryptocurrencies%20during%20this%20period.\">$570 million worth of ETH<\/a> in the past two weeks. If verified, this would represent one of the largest Ethereum acquisitions by a TradFi institution, further validating ETH\u2019s role as a blue-chip digital asset.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a id=\"post-8037-_yxigf1cboep8\"><\/a>Coinbase Sponsors U.S. Military Parade<\/h2>\n\n\n\n<p>Coinbase has drawn attention for <a href=\"https:\/\/cointelegraph.com\/news\/reaction-coinbase-sponsorship-donald-trump-military-parade#:~:text=A%20source%20familiar%20with%20the,events%20for%20the%20US'%20semiquincentennial.\">sponsoring a U.S. military parade<\/a>, a rare move for a crypto company. While the sponsorship\u2019s exact scope is unclear, it marks a potential shift in how crypto firms are engaging with national institutions and public image strategies, particularly in the U.S.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a id=\"post-8037-_18tk9j6cecvd\"><\/a>About Paybis<\/h2>\n\n\n\n<p>Paybis is a global cryptocurrency exchange platform that provides fast, secure, and user-friendly digital asset transactions. Founded in 2014, the company specializes in fiat-to-crypto and crypto-to-fiat conversions, enabling users to buy, sell, and swap Bitcoin, Ethereum, and other cryptocurrencies using various payment methods, including credit\/debit cards, bank transfers, and e-wallets.<\/p>\n\n\n<div class=\"text-bg-color\" id=\"block_d0261bb0f1d3ea90352e74f5e908930a\">\r    <div class=\"text-bg-color__content\">\r                <p style=\"text-align: center;\"><strong>Try out <a href=\"https:\/\/paybis.com\/?utm_source=blog&amp;utm_medium=weekly-digest&amp;utm_campaign=11\">Paybis<\/a> now to buy, sell, swap, and manage your favorite cryptos.<\/strong><\/p>\n    <\/div>\r<\/div>\n\n\n<p>With a strong focus on security and compliance, <a href=\"https:\/\/paybis.com\/?utm_source=blog&amp;utm_medium=weekly-digest&amp;utm_campaign=11\">Paybis<\/a> is registered with regulatory authorities and implements industry-leading AML\/KYC procedures. The platform is known for its intuitive interface, 24\/7 customer support, and competitive exchange rates, making it a preferred choice for both beginners and experienced traders.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a id=\"post-8037-_knsy2tdlvt2\"><\/a>Wrapping Up<\/h2>\n\n\n\n<p>From explosive staking growth and institutional adoption to major protocol upgrades and surprising alliances, this week\u2019s headlines show just how far and fast crypto is evolving. Whether you&#8217;re a builder, investor, or casual observer, the momentum is undeniable, and the future, decentralized.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The crypto world never sleeps, and this week has proven once again how dynamic and unpredictable the space can be. From jaw-dropping gas fees to new blockchain launches and unexpected institutional moves, here are the 10 most important developments shaping the future of crypto right now. A User Paid $100,000 in Gas to Invest $10M [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":8038,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"inline_featured_image":false,"footnotes":""},"categories":[50,132,193],"tags":[320,323],"businesses_tag":[],"class_list":["post-8037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-discussion","category-individuals","category-news","tag-crypto-news","tag-weekly-digest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Paybis Weekly Crypto Digest #11 - Paybis Blog<\/title>\n<meta name=\"description\" content=\"From Tether\u2019s massive mint to Ethereum\u2019s new staking ATH and TON\u2019s NFT dominance. Dive into the latest crypto events from last week.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/paybis.com\/blog\/paybis-weekly-crypto-digest-11\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Paybis Weekly Crypto Digest #11 - Paybis Blog\" \/>\n<meta property=\"og:description\" content=\"From Tether\u2019s massive mint to Ethereum\u2019s new staking ATH and TON\u2019s NFT dominance. Dive into the latest crypto events from last week.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/paybis.com\/blog\/paybis-weekly-crypto-digest-11\/\" \/>\n<meta property=\"og:site_name\" content=\"Paybis Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Paybis\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-17T10:20:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-25T12:36:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2025\/06\/word-image-8037-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1287\" \/>\n\t<meta property=\"og:image:height\" content=\"610\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Sergey Zhuk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@zhukserega\" \/>\n<meta name=\"twitter:site\" content=\"@paybis_com\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sergey Zhuk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/paybis.com\/blog\/paybis-weekly-crypto-digest-11\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/paybis.com\/blog\/paybis-weekly-crypto-digest-11\/\"},\"author\":{\"name\":\"Sergey Zhuk\",\"@id\":\"https:\/\/paybis.com\/blog\/#\/schema\/person\/b11d4cc30cc536897ef4e6a58c39ba84\"},\"headline\":\"This Week in Crypto: $100K Gas Fees, Tether&#8217;s Big Moves, TON Surges in NFT Trading\",\"datePublished\":\"2025-06-17T10:20:25+00:00\",\"dateModified\":\"2025-06-25T12:36:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/paybis.com\/blog\/paybis-weekly-crypto-digest-11\/\"},\"wordCount\":767,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/paybis.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/paybis.com\/blog\/paybis-weekly-crypto-digest-11\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2025\/06\/word-image-8037-1.png\",\"keywords\":[\"Crypto News\",\"Weekly Digest\"],\"articleSection\":[\"General Discussion\",\"Individuals\",\"Industry News &amp; Updates\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/paybis.com\/blog\/paybis-weekly-crypto-digest-11\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/paybis.com\/blog\/paybis-weekly-crypto-digest-11\/\",\"url\":\"https:\/\/paybis.com\/blog\/paybis-weekly-crypto-digest-11\/\",\"name\":\"Paybis Weekly Crypto Digest #11 - Paybis Blog\",\"isPartOf\":{\"@id\":\"https:\/\/paybis.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/paybis.com\/blog\/paybis-weekly-crypto-digest-11\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/paybis.com\/blog\/paybis-weekly-crypto-digest-11\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2025\/06\/word-image-8037-1.png\",\"datePublished\":\"2025-06-17T10:20:25+00:00\",\"dateModified\":\"2025-06-25T12:36:25+00:00\",\"description\":\"From Tether\u2019s massive mint to Ethereum\u2019s new staking ATH and TON\u2019s NFT dominance. 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