Coinbase has made a notable comeback by securing a spot in the top 10 of the US Apple App Store, ranking 9th in the "Free iPhone Apps" category and first in the financial category. This resurgence places Coinbase ahead of competitors such as Cash App and Robinhood, which are ranked 30th and 13th respectively.

Tether has recently minted $7 billion in USDT over six days, reflecting a surge in liquidity demand that may impact the cryptocurrency market. This increase has been historically linked to price movements of assets such as Bitcoin, suggesting traders are utilizing stablecoins for hedging or transactions. Additionally, Tether is exploring new business avenues, including commodity trading, despite ongoing regulatory scrutiny.

Coinbase Wallet is set to introduce a "tap-to-pay" feature aimed at enhancing cryptocurrency transactions across 50 countries by the end of 2025, offering an alternative to traditional payment platforms like Cash App and PayPal. Additionally, developments in Ethereum's layer-2 interoperability are underway to streamline crosschain transactions, promising greater efficiency and usability for crypto users. Jesse Pollak, the lead on this initiative, emphasizes the goal of enabling onchain financial activities that improve economic outcomes for both consumers and merchants.