Global financial companies Charles Schwab and Citadel Securities have publicly raised the possibility of entering the fast-growing prediction markets, while drawing a line at sports-related products. Charles Schwab CEO Rick Wurster said the firm is likely to offer prediction markets in the long term but will not pursue areas such as sports, politics and pop culture. Citadel Securities President Jim Esposito said liquidity remains insufficient but the market may expand, while ruling out sports.

The on-chain value of stablecoins on the Ethereum network rose to a record $180 billion. Token Terminal estimated Ethereum accounts for 60 percent of total stablecoin supply, up 150 percent from three years ago. It projected $1.7 trillion could flow on-chain across networks over four years, with $850 billion potentially going to Ethereum by 2030 under a 470 percent expansion assumption. Other datasets put Ethereum’s stablecoin value at $168 billion, with 56 percent share, rising above 65 percent including layer-2 networks.