Quick Breakdown: Ethena has submitted a proposal to issue USDH, Hyperliquid\'s native stablecoin, backed by Anchorage and BlackRock’s BUIDL fund. The plan emphasizes institutional credibility, community revenue sharing, and a guardian validator network for security. Ethena commits $75 million...
Quick Breakdown Bitwise CIO Matt Hougan says banks should raise deposit rewards instead of fighting stablecoins. Stablecoins offer yields of up to 5%, far outpacing US bank savings rates. Banks are lobbying against stablecoin yields, citing risks to lending...
Quick Breakdown Fireblocks and Circle team up to advance institutional-scale stablecoin payments and tokenization. Collaboration delivers secure custody, cross-border treasury solutions, and instant USDC liquidity. The move strengthens onchain financial infrastructure, positioning stablecoins as core rails for global finance....
Quick Breakdown Lion Group reallocates $5M in SOL and SUI into HYPE to strengthen its crypto treasury. BitGo’s new custody solution adds institutional backing to HYPE’s growing adoption. Stock price surges over 20%, reflecting investor confidence in the move....
Quick Breakdown: Executives from Tether and Circle are holding high-level meetings with South Korea’s major banks—Shinhan, Hana, KB Financial, and Woori. Discussions focus on distributing dollar-pegged stablecoins and issuing won-backed tokens. This aligns with President Lee Jae Myung’s pro-crypto...
Quick Breakdown: Executives from Tether and Circle are holding high-level meetings with South Korea’s major banks—Shinhan, Hana, KB Financial, and Woori. Discussions focus on distributing dollar-pegged stablecoins and issuing won-backed tokens. This aligns with President Lee Jae Myung’s pro-crypto...
Quick Breakdown: Executives from Tether and Circle are holding high-level meetings with South Korea’s major banks—Shinhan, Hana, KB Financial, and Woori. Discussions focus on distributing dollar-pegged stablecoins and issuing won-backed tokens. This aligns with President Lee Jae Myung’s pro-crypto...
Quick Breakdown: Executives from Tether and Circle are holding high-level meetings with South Korea’s major banks—Shinhan, Hana, KB Financial, and Woori. Discussions focus on distributing dollar-pegged stablecoins and issuing won-backed tokens. This aligns with President Lee Jae Myung’s pro-crypto...
Quick Breakdown: Executives from Tether and Circle are holding high-level meetings with South Korea’s major banks—Shinhan, Hana, KB Financial, and Woori. Discussions focus on distributing dollar-pegged stablecoins and issuing won-backed tokens. This aligns with President Lee Jae Myung’s pro-crypto...
Quick Breakdown: Ripple teams up with BBVA to launch regulated digital asset custody in Spain. EU’s MiCA rules accelerate bank adoption of crypto services across Europe. Ripple expands RLUSD stablecoin rollout to Africa via Chipper Cash, VALR, and Yellow...
