Decentralized finance: lending, DEXs, stablecoins, yield, and liquidity. 437 stories curated by CryptoCatalyst.
Standard Chartered forecasts Aave (AAVE) could reach $3,500 by the end of 2030, representing a 50x gain. The bank describes this as 'generational wealth' and bases its prediction on DeFi asset growth and Aave's recovery post-KelpDAO.
The total value locked in DeFi has fallen by 39% this year, wiping out $45 billion in value. This decline is driven by a broader market downturn and major exploits, including the Kelp DAO hack.
Standard Chartered analyst Geoff Kendrick predicts Aave's token could rise to $3,500 by 2030, citing the platform's recovery from an April cyberattack and its positioning to benefit from growth in tokenized assets and the broader DeFi revival.
DeFi Dev Corp has launched a new tool to automatically audit smart contracts for vulnerabilities. The tool is currently in beta and has already identified critical bugs in several popular DeFi projects.
SBI Group has introduced JPYSC, Japan’s first stablecoin backed by a trust bank. For now, it’s only available to SBI VC Trade account holders while regulators clarify its status.
Black Lake and Nuva Labs have successfully tokenized $25 million in mortgage loans on the Provenance Blockchain, marking a significant step in the real-world asset (RWA) space. This move aims to bring traditional financial instruments onto the blockchain for greater transparency and liquidity.
The CBOE is reportedly exploring the conversion of its Bitcoin and Ethereum continuous futures into perpetual futures, following regulatory changes and competitors' moves. The shift could make crypto trading more accessible and flexible for traders, though the exchange has not made a final decision.
Chainlink is working with 47 banks from South Korea and Europe on Project Pangea, an initiative to use stablecoins for near-instant settlement of multimillion-dollar currency trades between the two regions.
The Bank of England has replaced individual holding caps with a £40 billion per-coin issuance limit for stablecoins. This change allows issuers to hold more reserves in government debt, potentially boosting stablecoin adoption in the UK.
MoneyGram has become a validator on the Solana blockchain, helping process and secure transactions as it expands its stablecoin payment services. The move aims to make cross-border payments faster and cheaper for users.
The Bank of England has abandoned strict limits on retail stablecoin holdings, instead setting a £40 billion ($50 billion) aggregate issuance cap. The move aims to boost the U.K.'s digital asset market ahead of a 2027 launch.
Argos has developed a system to label every transaction on Ethereum, helping users understand the purpose of DeFi activities. The system classifies transactions such as arbitrage, swaps, and other common DeFi actions, and is detailed in a post on their official blog.
The European Commission is seeking public comment on potential revisions to its crypto regulatory framework, specifically regarding stablecoins and decentralized finance.
The Federal Reserve proposed requiring stablecoin issuers to verify customer identities before account opening or direct token redemption, extending bank-style anti-money laundering standards to stablecoins.
Fidelity has introduced a new money market fund that invests exclusively in assets permitted for stablecoin issuers under the GENIUS Act. This move aims to provide stablecoin issuers with compliant, high-quality reserve options.
Aave, a major DeFi lending platform, handled $8.45 billion in withdrawals without freezing funds, but the event exposed hidden risks in decentralized finance. Experts warn that such stress tests could become more frequent as DeFi grows.
AllUnity has introduced SEKAU, a stablecoin fully backed by the Swedish krona, operating under the EU's MiCA framework. This move expands the company's stablecoin offerings and supports multi-chain transactions.
Kraken now lets users trade directly on Solana's decentralized exchanges (DEXs) from its main app. This move gives access to thousands of tokens and could expand to other blockchain networks soon.
The Federal Reserve and other U.S. agencies want stablecoin providers to collect customer identification similar to banks. The proposed rule is now open for public comments, with a 60-day window to submit feedback.
Grayscale has applied traditional finance valuation methods to the DeFi token AAVE, estimating its value at $175. This move signals growing institutional interest in revenue-generating DeFi protocols.
Zama, Morpho, and Steakhouse have launched the first confidential DeFi yield vault on Ethereum, allowing firms to earn yield without exposing their balances. This innovation enhances privacy for institutional and high-net-worth investors in the DeFi space.
A senior official from China's central bank has urged stricter oversight and international cooperation as stablecoins become more important in cross-border transactions. This comes as stablecoins gain traction in global payments, requiring closer monitoring.
The IMF highlights the rapid adoption of stablecoins in Nigeria, warning that efforts to suppress their use are likely to be only partly effective. The country's reliance on stablecoins for financial transactions is growing, posing potential risks to its financial system.
Gate.io's new CrossEx platform lets institutional traders manage funds across exchanges from a single account, reducing inefficiencies. This could make it easier for large traders to move capital quickly and cut costs.