JPMorgan says Circle faces ‘intense’ competition from Tether, Hyperliquid and fintech rivals
The emerging competition is likely to be a “zero-sum game” for U.S. issuers, unless the overall crypto market expands significantly. Source link
-
-
PayPal’s PYUSD stablecoin expands to Tron, Avalanche, Sei and other blockchains via LayerZero
The LayerZero-enabled version, PYUSD0, remains “fully fungible” with native PYUSD, extending the stablecoin to additional blockchains. Source link
-
Coinbase now lets users lend USDC onchain with current yields up to 10.8%
The service is powered by Morpho with allocations managed through onchain vaults curated by Steakhouse Financial on Base. Source link
-
Kraken to host token sales through Legion on its new Launch platform
Crypto exchange Kraken has partnered with ICO platform Legion to host MiCA-compliant token sales on its new Launch platform. Source link
-
Bio Protocol raises $6.9 million in seed funding led by Arthur Hayes’ Maelstrom Fund
The decentralized science (DeSci) protocol aims to build “scientific superintelligence” onchain with BioAgents. Source link
-
CME Group plans to launch options on Solana and XRP futures next month
The new contracts will include both standard and micro-sized options on SOL and XRP futures, CME Group said. Source link
-
XRP treasury firm VivoPower says its latest buy will effectively be at 65% discount via mining swaps
VivoPower said its mining arm, Caret Digital, will expand its fleet with “bulk” discounts and swap mined tokens into XRP. Source link
-
Dogecoin treasury firm CleanCore adds 100 million more DOGE, sends total past 600 million
The company is aiming to reach 1 billion DOGE and has a longer-term goal of accumulating up to 5% of the token’s circulating supply. Source...
-
Galaxy’s Novogratz calls it the ‘season of SOL’, says Solana is tailor made for financial markets
Galaxy CEO Mike Novogratz called this the “season of SOL,” saying Solana is fast and tailor-made to be the blockchain for financial markets. Source link
-
JPMorgan says S&P 500 rejection of Strategy is a ‘blow to crypto treasuries’
The JPMorgan analysts warned that other index providers may also reconsider their inclusion of Strategy and similar crypto treasury firms. Source link