DUBAI, UAE, May 23, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to celebrate the high crypto life with the Bybit Card community in a new lucky draw that guarantees rewards for all, including the ultimate prize of a Tesla Model 3.

Starting now until June 22, 2025, eligible users may simply sign up for the event, swipe ot tap to pay with their Bybit Card to receive a lucky draw ticket, and receive a reward for each ticket. The promotion is available to all eligible Bybit Card through everyday spending, with entry thresholds as low as $10 and exclusive rewards from BTC airdrop to the crypto community’s most iconic dream car.

The event features a tiered rewards structure that will reward every participant:

• Every $10 spent with a Bybit Card earns one ticket in the lucky draw.
• One grand prize winner will receive 35,000 USDT, equivalent to the price of a Tesla Model 3 in most markets.
• All participants are guaranteed to win prizes from a USDT pool valued at 40,000 USDT in BTC, USDT, and PEPE
• New cardholders can receive 50% cashback (up to 2.5 USDT) on their first $5 spend.

New users may seize the opportunity to enjoy a host of Bybit Card privileges by applying for the card right now. Once approved, they will receive an instant virtual card ready for all their crypto payment needs, and unlock access to the lucky draw with just a few clicks.

Key Features of Bybit Card:

• Crypto convenience: spending in crypto, and cash withdrawals from any ATM worldwide that supports Mastercard for added convenience with the physical card.
• No annual fees, up to 10% cashback and up to 8% APR.
• Year-round perks: 100% rebates on selected partners including Netflix and Spotify, plus airport lounge access, early-bird access to Tomorrowland Brasil 2025, and seasonal benefits
• Multi-asset support: USDC, USDT, BTC, ETH, AVAX, and more.

The promotion is on a first-come, first served basis. Terms and conditions apply. For full benefits and on-going campaigns, users may explore: Bybit Crypto Card: Your Ultimate Crypto Debit Card.

#Bybit / #TheCryptoArk / #TheBybitCard

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About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

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SINGAPORE, May 23, 2025 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN) today announced the launch of its completely redesigned website, reflecting the company’s expanded vision and capabilities as a leader in next-generation stablecoin infrastructure. The new site highlights WSPN’s commitment to advancing global value flows through efficient, secure, and low-cost payment solutions.

The revamped website showcases WSPN’s evolution beyond traditional stablecoins, emphasizing its role in reshaping the future of payments and fueling digital globalization. With a focus on practical applications for both everyday users and institutional clients, the platform details WSPN’s comprehensive suite of services designed to bridge traditional finance and Web3 environments.

“Our new website clearly showcases WSPN’s core mission: building a stablecoin ecosystem that’s accessible, practical, and transformative for users worldwide,” said Raymond Yuan, Founder & CEO of WSPN. “As we construct the financial infrastructure of the future, this digital platform serves as our bridge to communicate value to global users.”

Key Features Highlighted on the New Website

The redesigned platform showcases several core capabilities that position WSPN at the forefront of stablecoin innovation:

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• Fast, Reliable On/Off-Ramps: Seamless connections between traditional finance and Web3, supported by hundreds of integrated partners
• Multi-Chain Availability & Conversion: Deployment across 8+ leading blockchains with advanced cross-chain conversion capabilities
• Developer-Friendly API & Dashboard Access: Robust tools empowering developers and businesses to build scalable fintech solutions

The website also emphasizes WSPN’s impressive operational metrics, including processing over $10 million transaction volumes daily and serving more than 500 institutional clients globally. Users can complete mint and burn operations in under 5 minutes, with 1:1 lossless swaps available 24/7.

“WSPN stablecoins are purposefully evolved for everyday impact,” added Raymond. “Whether you’re an individual seeking price stability for cross-border transfers or an institution building sophisticated DeFi applications, our platform provides the security, speed, and scalability needed in today’s digital economy.”

Visit the new WSPN website at www.wspn.io to explore the full range of stablecoin solutions and learn how WSPN is advancing worldwide value flows.

About WSPN

WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users. WSPN’s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.

Learn more: www.wspn.io | X | LinkedIn

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The blockchain universe never sleeps. From pioneering cross-border payment systems in Central America to city-wide crypto strategies in New York City, today’s headlines reveal an industry maturing at breakneck speed. In this edition of Blocks & Headlines, we explore five landmark developments:

1. Guatemala’s Banco Industrial integrates blockchain for seamless cross-border remittances.

2. NYC Mayor’s Office unveils a comprehensive crypto and blockchain roadmap.

3. OSR Holdings, BCM Europe & Taekwondo Cooperative sign an MOU to launch the OSRH token.

4. Bybit’s “Chicken Trader” livestream—crypto meets poultry in the world’s first poultry-powered trading showdown.

5. FIFA taps Avalanche to build a dedicated blockchain for its NFT platform.

These stories underscore three key trends reshaping the ecosystem:

• Institutional Adoption & Regulation: From national banks to municipal governments, legacy institutions are embracing decentralized technologies.

• Tokenization & Community Engagement: Strategic partnerships are launching specialized tokens that bridge niche communities with global markets.

• Innovative Use Cases: Whether gaming, entertainment, or live-stream events, blockchain’s versatility spawns ever-more creative applications.

Join us as we unpack the implications, weigh the opportunities, and forecast where these trajectories might lead.

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1. Guatemala’s Largest Bank Integrates Blockchain for Cross-Border Payments

What Happened
Guatemala’s Banco Industrial, the country’s biggest financial institution, announced the deployment of a private‐permissioned blockchain network to streamline remittances from the U.S. into Guatemala City and beyond. The solution reduces settlement times from days to minutes, cuts fees by up to 60 %, and offers real-time traceability for senders and receivers.
Source: Cointelegraph

Analysis & Commentary

• Financial Inclusion Boost: Remittances account for over 12 % of Guatemala’s GDP. By minimizing friction and cost, blockchain integration will extend financial services to remote communities reliant on diaspora funds.

• Risk & Compliance: Permissioned networks allow Banco Industrial to retain AML/KYC controls, mitigating concerns around illicit flows. This hybrid approach demonstrates that enterprise blockchain can balance decentralization with regulatory rigor.

• Regional Ripple Effects: Neighboring Central American banks are watching closely. Should Guatemala’s pilot succeed, we can expect a domino effect across El Salvador, Honduras, and Costa Rica—each seeking to capitalize on faster, cheaper cross-border rails.

Implications
Legacy banks worldwide should view this as a blueprint: private blockchains can coexist with existing compliance frameworks while delivering transformative user benefits. Early movers will capture remittance market share and cultivate fintech partnerships across the Latin American corridor.

2. NYC Mayor Unveils Ambitious Crypto & Blockchain Agenda

What Happened
New York City Mayor Eric Adams detailed his administration’s multi-pronged strategy to make NYC a global crypto hub. Key initiatives include:

• A regulatory sandbox for crypto startups to pilot DeFi, NFTs, and token-based fundraising under city supervision.

• Partnerships with CUNY and Columbia University for blockchain research and talent development.

• Deployment of a blockchain-based public record system for land titles and business registrations.
  Source: GovTech

Analysis & Commentary

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• Regulatory Harmony vs. Overreach: By offering a controlled sandbox rather than blanket deregulation, NYC signals a nuanced stance—encouraging innovation without sacrificing consumer protection.

• Talent Pipeline: Academic partnerships aim to remedy the talent shortage plaguing blockchain firms. Local graduates trained in distributed ledger technologies (DLT) will feed startups, financial institutions, and government agencies.

• Public Services on Chain: Land registries and business filings on blockchain promise greater transparency and fraud reduction. If scaled effectively, NYC could set a global standard for government-blockchain integration.

Implications
Other major cities—London, Singapore, Dubai—will feel pressure to match NYC’s playbook. Municipal leaders should prioritize sandbox frameworks and academia-industry liaisons to nurture homegrown crypto ecosystems.

3. OSR Holdings, BCM Europe & Taekwondo Cooperative Launch OSRH Token

What Happened
OSR Holdings, BCM Europe, and the Taekwondo Cooperative signed a strategic Memorandum of Understanding to co-develop the OSRH token, a blockchain-based digital asset aimed at supporting global Taekwondo practitioners. Features include:

• Membership Rewards: Tokens earned through event participation, coaching certifications, and tournament wins.

• Decentralized Governance: Athletes vote on sponsorship allocations and rule-change proposals via on-chain ballots.

• Marketplace Integration: A dedicated NFT marketplace for Taekwondo memorabilia, from digital belts to highlight reels.
  Source: PR Newswire

Analysis & Commentary

• Niche Tokenization: OSRH token exemplifies the power of community-focused tokens. By aligning incentives with passion points—training, competition, governance—stakeholders gain ownership and engagement.

• Governance Innovation: Athlete-driven decision-making on sponsorship and funding disrupts top-down federation models. This could democratize sports governance across disciplines.

• Commercial Ecosystem: The NFT marketplace offers monetization channels for athletes and federations alike. Strategic royalties on secondary sales ensure sustainable funding.

Implications
Other sports federations and niche communities should explore token models that blend rewards, governance, and commerce. Successful launches will hinge on clear utility, user education, and regulatory compliance in key jurisdictions.

4. Bybit Presents “Chicken Trader”: The World’s First Poultry-Powered Trading Showdown

What Happened
Cryptocurrency exchange Bybit debuted “Chicken Trader,” a live-streamed event where two contestants trade crypto pairs—and manage live chickens—to earn “Egg Points.” Viewers can stake on their favorite trader, earning NFTs and token rewards based on performance.
Source: PR Newswire

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Analysis & Commentary

• Gamification Meets DeFi: Chicken Trader’s fusion of live-stream engagement, staking mechanics, and NFTs exemplifies Web3’s playful ethos—turning trading into interactive entertainment.

• User Acquisition Strategy: Bybit gamified acquisition funnels, leveraging viral social content to onboard nontraditional crypto audiences intrigued by the novelty factor.

• Regulatory Tightrope: Combining staking with competition and livestock raises jurisdictional questions around gambling, securities, and animal welfare. Bybit must navigate diverse regulations to scale globally.

Implications
Other exchanges will replicate gamified formats to differentiate UX and grow communities. Yet long-term viability demands balancing flashy live-events with rigorous compliance, sustainable tokenomics, and authentic value for participants.

5. FIFA Taps Avalanche to Power Its NFT Platform

What Happened
Global soccer body FIFA selected the Avalanche blockchain to launch its official NFT marketplace, featuring digital collectibles—from World Cup highlights to player-card packs. Avalanche’s high throughput and low fees were cited as decisive factors.
Source: TradingView (via Cointelegraph)

Analysis & Commentary

• Scalability & Sustainability: Avalanche’s consensus mechanism delivers sub-second finality and carbon-offset commitments, aligning with FIFA’s environmental pledges.

• Fan Engagement: Tokenized highlights and limited-edition digital memorabilia expand revenue streams beyond broadcast rights, offering fans verifiable ownership and collectible provenance.

• Interoperability: Avalanche’s growing DeFi ecosystem enables future integrations—staking fan tokens, launching prediction-market games, or embedding NFT rewards in FIFA’s mobile apps.

Implications
Major sports leagues and entertainment brands eyeing NFT forays will scrutinize Avalanche’s performance under FIFA’s global load. Blockchain platforms must prove they can handle spikes during marquee events—kickoff times, finals, transfer windows—while preserving UX and sustainability goals.

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Conclusion

Today’s Blocks & Headlines illustrate blockchain’s multifaceted evolution:

• Legacy institutions like banks and city governments are unlocking new efficiencies and transparency through private and public DLT networks.

• Community-driven tokens are redefining governance and monetization in sports and niche domains.

• Innovative engagement—from poultry-fueled trading spectacles to global soccer NFTs—demonstrates blockchain’s capacity for gamification, fan loyalty, and novel revenue models.

Yet with opportunity comes responsibility: scalable architectures must coexist with robust compliance; token economies require thoughtful design to sustain value; and regulators, academia, and industry must collaborate to craft frameworks that balance innovation with consumer protection.

As blockchain weaves deeper into finance, governance, entertainment, and sports, stakeholders who embrace strategic partnerships, prioritize user education, and invest in resilient infrastructures will lead the charge into Web3’s next frontier.

The post Blocks & Headlines: Today in Blockchain – May 22, 2025 appeared first on News, Events, Advertising Options.

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