This week, crypto was headlined with regulatory changes, key partnerships and strategic integrations. The US Federal Reserve relaxed rules for banks engaged in digital assets, but Coinbase and PayPal worked together to expand the adoption of Stablecoin around the world. Meanwhile, Metaplanet has surpassed major Bitcoin milestones, with DWF Labs partnering with Mask Network to advance its decentralized social platform, and Zetachin has integrated its integrated Arbitrum to streamline the cross-chain app experience. Here is a summary of the biggest developments you need to know.
The Federal Reserve relaxes US banks’ crypto rules
Earlier this week, the US Federal Reserve announced a major change in crypto policy. This relaxes regulations for banks that deal with digital assets and stable banks. The move aims to reduce regulatory barriers and encourage broader participation in the growing crypto sector. Previously, state characterised banks had to seek Fed approval before providing crypto services. Now that requirement has been lifted, banks manage cryptographic products under standard monitoring procedures, just like traditional financial products.
The relaxed rules are expected to promote innovation, expand liquidity and open new opportunities for banks in the Stablecoin market. Traditional financial institutions are now more freely involved in digital assets, while maintaining risk management practices under the supervision of the Fed.
Coinbase and PayPal partners expand Stablecoin Payments globally
Coinbase and PayPal are partnering to support the adoption of PayPal USD (PYUSD), a US dollar-backed Stablecoin, making it more accessible to consumers, businesses and institutions around the world. Coinbase users will now be able to buy, sell and convert PYUSD at no platform fees, redeemed at a 1:1 rate in USD.
Through this collaboration, Coinbase will provide PYUSD access through trading and custody platforms, helping to integrate Stablecoin solutions into PayPal’s merchant network. The partnership focuses on enhanced programmable payments, faster settlements, and wider global use of stubcoin. Issued by the Paxos Trust and supported by the US Dollar reserve, Pyusd is promoted through PayPal and Venmo for regulated digital transactions.
Metaplanet surpasses 5,000 Bitcoin and hits midway points at 2025 target
Tokyo-based investment company Metaplanet has surpassed 5,000 Bitcoins after acquiring 145 BTC worth $13.6 million. The company aims to accumulate 10,000 BTC under the “21 Million Plan” by the end of 2025, already reaching more than 50% of its target. Its Bitcoin Holding is currently valued at around $428 million.
April recorded a record month for Metaplanet, buying over 1,650 btc BTC, nearly $153 million, pushing it into the top 10 corporate Bitcoin holders. CEO Simon Gerovich praised the milestone and highlighted Japan’s growing role in global Bitcoin adoption. Since mid-2024, Metaplanet has raised approximately $745 million. It is one of the largest digital asset capital in Asia. The company also introduced BTC yield metrics to track performance, recording yields of 95.6% in the first quarter of 2025 and 13% quarterly in the second quarter.
DWF Labs partners with Mask Network to enhance decentralized social infrastructure
DWF Labs, a leading Web3 market maker and investor, is partnering with Mask Network, a decentralized social platform, to enhance Web3’s social experience and infrastructure. The collaboration aims to empower users through seamless access to NFT, Defi and encrypted messaging, bridging traditional and decentralized platforms.
Mask Network has supported over 100 Web3 projects in recent years through its venture arm Bonfire Union. Suji Yan, founder of Mask Network, emphasized that the alliance will join other mask supporters such as Protocol Labs and Arweave to promote the adoption of unauthorized technologies. Together, the two companies aim to promote user sovereignty, digital autonomy, and free value flows across decentralized ecosystems.
Zetachin integrates Arbitrum into a seamless universal app
Zetachin has integrated Arbitrum into the universal app platform Zetahub. This aims to simplify the use of cross-chain apps. The move, announced via the official X account, allows Arbitrum wallets to access the Universal app without the need for wrappers, bridges or token swaps.
With over 515,000 users per month, Zetahub is expanding its role as a major multi-chain platform. Integration utilizes Arbitrum’s fast, low-cost Ethereum L2 solution, with popular Dapps like Radiant Capital and GMX. Currently, developers can configure in the Arbitrum ecosystem, gain native support for $ARB and associated tokens, and interact with Arbitrum contracts from any chain using one smart contract.
As the crypto industry continues to evolve, this week’s development highlights the growing momentum across regulations, the adoption of stubcoin, the accumulation of Bitcoin, decentralized social networks, and cross-chain innovations. With key institutions and platforms moving forward, Web3 landscapes are shaped for wider participation and new opportunities in the coming months. BlockChainReporter brings you the latest updates to drive the future of digital finance.
