The head of Bank of America recently raised eyebrows with a bold claim: if stablecoins were permitted to offer interest payments, as much as $6 trillion in deposits could potentially migrate away from traditional banking channels. This observation underscores the growing tension between the financial establishment and the emerging crypto ecosystem.

Meanwhile, X (formerly Twitter) is tightening its grip on crypto-related engagement incentives. The platform has moved to ban rewards tied directly to post performance, effectively cracking down on what's known as "InfoFi" crypto projects—those leveraging social media engagement mechanics for tokenomics. This policy shift signals the broader regulatory scrutiny facing social-finance hybrids.

On a brighter note for blockchain enthusiasts, Ethereum continues to demonstrate robust network activity. The network recently recorded an impressive 2.89 million daily active transactions, marking a fresh high-water mark. This milestone reflects sustained ecosystem growth and rising mainstream adoption, even amid regulatory headwinds.