Jun 12 Morning News:
1. GameStop has announced plans to issue $1.75 billion in convertible senior notes, with the potential use of proceeds including increasing its holdings of Bitcoin.
2. PayPal has expanded the reach of its stablecoin, PYUSD, by launching it on the Stellar blockchain, aiming to accelerate the adoption of cross-border payment and financing solutions.
3. Ondo Finance has announced the deployment of its tokenized U.S. Treasury products on the XRP Ledger, expanding access to real-world assets through blockchain technology.
4. xAI has entered into a partnership with Polymarket to bring GROK's AI-driven analysis to the decentralized prediction market platform, enhancing forecasting capabilities with advanced language modeling.
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