DeFi news
-
Circle defends USDC economics as stablecoin rivals court its partners with bigger cut
Coinbase, Circle’s largest USDC partner, also backs Open USD, a rival network that passes reserve income to partners after a management fee.
-
CoreWeave, Broadcom, Verizon among nine companies objecting to tokenized trading of their shares on OKXICE
Applied Optoelectronics told the WSJ it objected because it was unsure how tokenization would affect its stock price, liquidity and volatility.
-
French Assembly Backs Tax on Crypto-to-Stablecoin Swaps by One Vote
The 2027 budget amendment would end tax deferral for swaps into single-currency stablecoins from January 1, but it is not yet law.... Read the full story at The Defiant
-
Banks could slow stablecoin growth by paying savers more, BIS paper finds
A BIS working paper found a 1 basis point rise in U.S. bank deposit rates predicted slower stablecoin growth, cutting ten-week growth from 15% to 12%.
-
Circle’s Allaire says stablecoin issuer looking to enter 40 developing markets: Report
Markets in Southeast Asia, Latin America, Africa and the Middle East see increasing demand for stablecoins.
-
Strive Prices $630 Million SATS Preferred Offering at $90
The $100 dividend base implies a 16.7% simple annual yield at the offer price, above SATA's initial 15%.... Read the full story at The Defiant
-
Anthropic Says Claude Traced NIST Curve Seeds to 1990s Timestamps
The finding is not a cryptographic break; published code covers five NIST prime-curve seeds and four binary-curve seeds.... Read the full story at The Defiant
-
Circle Plans Push Into 40 Emerging Markets as Stablecoins Go Mainstream, CEO Says
Circle CEO Jeremy Allaire told Reuters the USDC issuer plans to enter about 40 emerging and developing markets, citing rising demand in Southeast Asia, Latin America, Africa and the Middle East.
-
SEI Perpetual Futures Trade on CFTC-Regulated OG.com Markets
The dollar-settled contracts have no expiry, a 100-SEI minimum order and funding calculated every eight hours.... Read the full story at The Defiant
-
Strive to sell another $130M of SATS stock to buy more bitcoin
Bitcoin treasury firm Strive wants another $130 million on top of a previously announced $500 million IPO to buy more BTC and grow its business. Last Tuesday, Strive announced plans to raise $500 million through a Series A IPO that would sell 5 million shares, priced at $100 each, of the perpetual...
-
Stablecoin remittances cost 84% less than traditional transfers, report finds
Borderless.xyz data shows major savings on cross-border business payments, with stablecoin transfers also settling faster than traditional international bank wires.
-
Coinbase to power stablecoin-backed cards for Marqeta customers
The expanded partnership builds on Marqeta’s work powering Coinbase’s U.S. debit card offering in 2020.
-
MSCI To Move Forward With Proposal That Could Exclude Strategy From Index
Bitcoin Magazine MSCI To Move Forward With Proposal That Could Exclude Strategy From Index Morgan Stanley Capital International is moving ahead with a proposal that could remove bitcoin juggernaut Strategy from its global equity benchmarks. The index maker said Thursday that it “will implement the...
-
Mizuho, MUFG and SMBC Complete Joint Yen Stablecoin Pilot
The July trial covered issuance, transfer and redemption for Mitsubishi Corporation, while the banks have targeted commercial transactions in fiscal 2026.... Read the full story at The Defiant
-
Circle details USDC revenue split, says $819 million went to partners and costs in H1 2026
Circle breaks down its USDC revenue: about $1.4 billion in H1 2026, $819 million to partners and transaction costs, $473 million reinvested.
-
Coinbase and Marqeta Expand Partnership for Enterprise Stablecoin Cards
The planned offering would let businesses fund card programs around the clock, with Coinbase holding balances and Base providing onchain settlement infrastructure.... Read the full story at The Defiant
-
Nasdaq-Listed Perpetuals Files to Trade Tokenized US Stocks Under SEC Exemption
The company run by former FTX Europe head Patrick Gruhn says it has published a notice of intent to rely on the SEC's five-year relief. A 30-day waiting period follows.... Read the full story at The Defiant
-
Visa Direct moves USDC prefunding into commercial production with Inyo Global
Visa Direct has brought USDC prefunding into commercial production with Inyo Global as its first commercial enabler.
-
Circle targets 40 new markets as stablecoin demand grows globally
The stablecoin issuer’s CEO Jerermy Allaire told Reuters demand for digital dollars is growing across Asia, Africa and Latin America as banks and payment firms.
-
CONNECT recap: Liquidity is tokenization’s next challenge, everyday stablecoins
Panelists at Cointelegraph’s Singapore CONNECT event explored opportunities in tokenized markets, the future of everyday stablecoin payments and the evolving landscape for crypto investors.
-
bOSMO Bug Leaves Little Backing, Prompts Holder Compensation Plan
The contract still allows cheap minting, putting liquidity pools at risk. bOSMO bought after the snapshot will not be compensated.... Read the full story at The Defiant
-
Aave V4’s Arc Markets Connect Dollar-Euro Loans to Shared Liquidity
The deployment launched Sept. 16 with four reserve assets. Its Forex market lets borrowers pledge EURC, which is not eligible collateral in Arc’s Main market.... Read the full story at The Defiant
-
Ripple Prime Rolls Out Traditional-Asset Perps Linked to Trade.xyz, Bloomberg Reports
The reported rollout builds on Ripple Prime’s existing Hyperliquid access, which lets institutions combine onchain derivatives with other exposures in one margin framework.... Read the full story at The Defiant
-
Ex-Trump crypto adviser profited after helping pass stablecoin bill: WSJ
The Wall Street Journal reported that a company co-founded by Bo Hines benefited from the passage of the GENIUS stablecoin bill.
-
Tether paid Bo Hines’ company while he was at White House, WSJ
Before Bo Hines became chief executive officer of Tether-backed stablecoin USAT, he was President Donald Trump's executive director of the President's Council of Advisers on Digital Assets. While he was serving the president and working to advance stablecoin legislation, Tether — the world's...
-
DeFi Development boosts CHAD dividend to 14% amid push to grow Solana holdings
DeFi Development is raising the dividend rate on its CHAD preferred stock to 14% from 13% as it taps CHAD sales to grow its Solana treasury.
-
Mastercard brings stablecoin balances into traditional banking and card payments
The launch of Global Money Platform marks Mastercard’s first major integration with BVNK since its August acquisition, with Nuvei and Marqeta among the first companies to adopt the platform.
-
Visa Direct Moves USDC Prefunding Into Production With Inyo Global
Eligible payment providers can fund cross-border payouts around the clock through the same Inyo APIs they already use.... Read the full story at The Defiant
-
Ripple Prime adds RWA swaps referencing perpetual futures listed on Hyperliquid
Ripple Prime has added RWA perpetual swaps tied to equities, ETFs, metals, energy and currencies, with 24/7 trading and settlement.
-
OKX Opens Onchain Spot and Perps Beta With Simulated TradFi Trading
The points competition shares a 250,000 USDT reward pool with Outcomes. Funded trading is scheduled to follow after the contest ends.... Read the full story at The Defiant