Synthetix Drops Derive Deal After Community Feedback Sparks Rethink
TL;DR Synthetix canceled the Derive acquisition after pushback from both communities, who questioned the deal’s value and swap terms. The proposal involved swapping 27 DRV for
stablecoin (Latest Publications)
Binance Lists World Liberty Financial’s USD1 as Stablecoin Regulation Gains Momentum in Senate
TL;DR Binance Listing Launch: Binance has listed World Liberty Financial’s USD1 stablecoin, available for deposits from noon UTC on May 22, marking a major innovation. Stablecoin
Circle Unveils New Stablecoin-Powered Global Payment Network for Real-Time Cross-Border Settlements
TL;DR Circle launched a cross-border payments network using USDC, offering real-time settlements and lower costs for global transfers. The project connects Latin America and Asia, with
Stablecoin Legislation May Spark Long-Term Crypto Growth, According to Bitwise CIO
TL;DR The Senate’s push for stablecoin legislation, through the GENIUS Act, is set to bring much-needed regulatory clarity and enforce backing requirements with U.S. treasuries and
European Banking Giant to Launch First Bank-Issued Dollar Stablecoin on Ethereum
TL;DR Société Générale will launch the first dollar stablecoin issued by a bank on a public blockchain, starting with Ethereum. The asset will target institutional investors
KuCoin Partners with AEON to Roll Out Crypto Payment Support for Merchants
TL;DR KuCoin integrated the AEON protocol into its mobile payment service, enabling crypto transactions in both physical stores and online. The solution allows payments with BTC,
Bipartisan Momentum Builds for GENIUS Act, Coinbase Praises Progress
TL;DR The GENIUS Act cleared its first procedural vote in the Senate, with support from 16 Democrats and the entire Republican bloc. Coinbase warned that if
World Liberty Financial’s USD1 Taps Chainlink to Go Cross-Chain, Hits $2B Milestone
TL;DR World Liberty Financial enabled its stablecoin USD1 to operate across multiple blockchains through integration with Chainlink’s CCIP. The CCIP integration enhances security in cross-chain transfers,
New Report Shows Stablecoins Are Now Mainstream: Institutional Adoption Hits 90%
TL;DR Broad Institutional Embrace: A comprehensive report reveals that 90% of institutions are either already using stablecoins or are planning to integrate them. Modernizing Financial Operations:
Stablecoin Revolution: Mastercard Teams Up with MoonPay for Seamless Digital Payments
TL;DR Global Integration: Mastercard teams up with MoonPay to launch a stablecoin payment network, enabling seamless crypto-to-fiat transactions at over 150 million merchant locations. Innovative Infrastructure:
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