Decentralized finance: lending, DEXs, stablecoins, yield, and liquidity. 279 stories curated by CryptoCatalyst.
Visa is developing an internal stablecoin platform that will provide access to OUSD, a stablecoin expected to compete with Circle's USDC. This move could significantly impact the stablecoin market and payment systems.
A new Dune Analytics report commissioned by 1inch reveals that 85% of concentrated DeFi liquidity is underutilized, with $150 million in annual fees foregone. This inefficiency highlights a major opportunity for liquidity providers to optimize their strategies.
Visa has introduced the Visa Stablecoin Platform, a new service that lets financial institutions integrate stablecoin payments and treasury operations into Visa's existing network.
A consortium-backed stablecoin, Open USD, plans to share reserve income with partners rather than keeping it with the issuer, potentially squeezing Circle's margins if it launches in 2026.
Aave, a leading decentralized lending platform, has launched its V4 protocol on the Avalanche blockchain. This marks the first time Aave V4 has expanded beyond Ethereum and introduces new infrastructure for tokenized real-world assets.
A hacker exploited Ostium's price-reporting system to steal $18 million, the latest in a wave of attacks targeting decentralized finance protocols. The attacker manipulated future-dated oracle data to create fake trading profits.
Mizuho downgraded Circle's stock and JPMorgan lowered earnings estimates, citing concerns that USDC is coming under pressure.
Circle suspended Heka Funds over suspected market manipulation after learning Tether had invested $800 million in the arbitrage fund, according to arbitration filings.
The x402 protocol, which enables AI agents to make payments in stablecoins, now has support from Visa, Mastercard, and Ripple. It processed $24 million across 75 million payments last month, showing growing adoption.
The US and UK have jointly released a roadmap to foster innovation in stablecoins and tokenized assets. This collaboration aims to create clearer regulatory frameworks for digital assets across both countries. The roadmap outlines steps to enhance cross-border cooperation and reduce regulatory uncertainty for businesses in the digital asset space.
JCB, a major Japanese credit card company, has signed a memorandum of understanding (MOU) with Circle to explore using USDC for cross-border treasury operations and merchant payments. This move signals growing interest in regulated stablecoin adoption in Japan.
JPMorgan warns that Hyperliquid's partnership with Circle and Coinbase creates a "prisoner's dilemma" that puts pressure on earnings from the dollar-pegged stablecoin USDC, potentially affecting its stability and reliability for users.
The UK government will no longer treat moving crypto into DeFi lending protocols or liquidity pools as a taxable event. This change defers capital gains tax until users actually cash out their holdings. The new rule is set to take effect in the 2026-2027 tax year, starting April 2027.
The UK's HMRC has adopted a 'no gain, no loss' tax treatment for certain crypto loans and liquidity pool transactions, deferring capital gains tax (CGT) until economic disposal.
Japan’s largest card network, JCB, has signed a memorandum of understanding with Circle to explore using USDC for cross-border payments and merchant transactions. The partnership could bring stablecoin payments to 40 million merchants as Japan ramps up efforts to integrate stablecoins into everyday commerce.
SBI Holdings and the Solana Foundation are collaborating to create an onchain financial market, with SBI R3 rebranding to SBI Solana Global. This partnership aims to leverage Solana's blockchain technology for financial services in Japan.
Hyperliquid's HIP-3 markets have surged to nearly 50% of the platform's perpetual trading volume, up from just 2% at the start of the year. This growth is driven by increasing interest in onchain stock trading.
Hyundai successfully used Tether's USDT stablecoin to settle a treasury transfer between its US and Mexican subsidiaries. This pilot highlights how major companies are exploring stablecoins for faster, cheaper international payments.
SBI Holdings, a major Japanese financial services firm, has partnered with the Solana Foundation to launch a new joint venture called SBI Solana Global. The initiative will focus on tokenizing assets and issuing stablecoins on the Solana network, marking a strategic pivot for SBI's blockchain efforts.
Bolivia is exploring the integration of Tether's USDT stablecoin into its national payments system. This move comes after crypto transaction volumes surged to $430 million in the year following the central bank's removal of restrictions in mid-2024.
SBI VC Trade will start offering a yen-backed stablecoin lending service on July 16, with a 3% annual yield for a 12-week term. The service is uninsured, meaning users bear the risk of potential losses.
Robinhood's new blockchain network has quickly become one of the top five by decentralized exchange (DEX) volume, indicating strong early demand for its tokenized asset platform, according to a report by Bernstein.
The total value of stablecoins has fallen by $10 billion since May, with a $7.7 billion drop in June alone. However, one analyst believes this is just a temporary dip and stablecoins will continue growing in the long term.
A Hedera-based lending protocol, Bonzo Lend, was exploited for $9 million after a manipulated price update was accepted by Supra's verifier. A second wallet, claiming to be a white hat hacker, borrowed $1 million and promised to return the funds.