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SEC staff clears path for DePIN in DoubleZero no-action
In a rare no‑action letter, the SEC’s Division of Corporation Finance said it will not recommend enforcement action against DoubleZero for distributing its 2Z token to network participants, provided the program runs as described. Commissioner Hester Peirce welcomed the move, saying DePIN tokens differ “fundamentally” from the capital‑raising deals Congress asked the SEC to police. 
Anchorage prepares for Tether's USAT launch by doubling staff
Anchorage Digital Bank NA will more than double its stablecoin unit as it prepares to issue Tether's new U.S.-regulated stablecoin USAT under its federal banking charter, Bloomberg reports. The expansion comes ahead of USAT's planned year-end debut. 
PayPal Ventures invests in Stable – PYUSD coming to Stablechain
PayPal Ventures has invested in the Layer 1 blockchain company Stable. The collaboration, announced on September 22, 2025, will integrate PayPal's stablecoin, PYUSD, into Stable's network, Stablechain. The stated purpose is to enable PYUSD for payments and other transactions directly on the network. 
Tom Lee (BitMine): Ethereum is Wall Street’s blockchain of choice
At Korea Blockchain Week’s Impact conference, BitMine chairman Tom Lee called Ethereum a “truly neutral chain” that Wall Street will favor, adding that the White House and Congress are leaning toward it under the current administration. He linked that stance to a coming token economy for agentic AI and robots – and to BitMine’s pivot into an ETH treasury. 
