Decentralized finance: lending, DEXs, stablecoins, yield, and liquidity. 435 stories curated by CryptoCatalyst.
Sber, Russia’s largest bank, will accept Tether (USDT), Ethereum (ETH), and Bitcoin (BTC) as collateral for loans under the country’s new regulated crypto trading law. This move signals growing institutional acceptance of cryptocurrencies in Russia despite skepticism about the digital ruble.
Crypto executives agree that AI agents will need their own currency to pay each other, but they sharply disagree on what it will be. One executive believes the solution hasn't even been invented yet, suggesting the next trillion-dollar currency could be something entirely new.
Crypto executives claim new blockchain payment systems could replace Swift, but bankers argue Swift’s 11,500-institution network is too powerful to be replaced. The debate centers on whether traditional finance can adapt to decentralized technology.
Japanese financial giant SBI has acquired a 20% stake in Indonesian online brokerage Ajaib for $270 million. The deal aims to build a cross-border, blockchain-based settlement network using yen stablecoins in Southeast Asia.
Ethena, the issuer of the $4 billion USDe stablecoin, expects real-world asset perpetuals to eclipse crypto derivatives in its backing within 12 to 24 months, aiming to capitalize on the booming equity perpetuals market and offer higher yields to users.
Moonwell is investigating a potential exploit on its lending platform, with security firms estimating losses of $8.7 million. The incident involves the manipulation of collateral prices for MAMO tokens on the Base network.
Ethena's ENA token surged after the protocol proposed a buyback program and adjusted venture capital unlock schedules. These moves aim to cut investor selling pressure and channel protocol revenue to ENA as Ethena looks to revive USDe growth.
Revolut is rolling out its euro-backed stablecoin, EURR, to a select group of customers in Denmark, Poland, and Portugal. This marks a significant step toward mainstream adoption of stablecoins in Europe.
Shinhan Financial Group is collaborating with Visa to test stablecoin issuance and business-to-business (B2B) settlements. This pilot aims to streamline cross-border payments and explore AI-driven payment models.
$NET is a reserve share backed by at least 1 USDG of the protocol's on-chain portfolio, with a $57M FDV, $6M circulating market cap, and a $4M treasury of USDG and RWAs. NetNetCapital accumulates productive assets like stablecoins and stocks, aiming to bring this novel DeFi mechanism to Robinhood.
Solana Router AI has partnered with Circle to enable USDC payments on its platform. This integration allows users to send and receive USDC directly through the Router AI service, enhancing usability for Solana-based transactions.
Standard Chartered will distribute Anchorpoint's HKDAP stablecoin to eligible clients. This marks the first time a major bank has offered a regulated stablecoin in Hong Kong.
Term Finance, an Ethereum-based lending app, lost $8.5 million after an attacker bought enough voting tokens to manipulate the protocol. This highlights a growing risk in decentralized finance where control of a protocol can be cheaper than the assets it manages.
Elon Musk's social media platform X is reportedly considering using stablecoins to pay influencers and content creators. This move comes as other social media platforms also test stablecoin payment systems.
The Office of the Comptroller of the Currency (OCC) is rushing to finalize stablecoin regulations by November, following the GENIUS Act signed by President Trump. These rules will impact how banks and fintech companies handle stablecoin transactions, ensuring compliance with new federal standards.
HSBC and Standard Chartered have executed the first live cross-border transaction on SWIFT’s new 24/7 ledger, marking a significant step in the financial network’s push to stay competitive with stablecoins and tokenized assets. This pilot project aims to modernize traditional banking infrastructure.
Most of the $13 billion lost in DeFi this spring wasn't due to hacks but because yield strategies failed. Experts say yield numbers alone don't reveal how stable they are under stress. Here's what to look for before investing.
Tokenized equities now represent 15% of the market, a threefold increase from the start of the year, with a total market cap of $2.8 billion. Ondo, Binance, and xStocks are leading this growth, offering traditional stocks as crypto assets.
Hayden Adams, the founder of Uniswap, has published his first blog post since 2019. The post discusses the evolution of decentralized finance and Adams' vision for Uniswap's future.
Precious metals industry expert Andy Schectman discussed how Tether's massive gold accumulation and new DeFi integrations are transforming physical gold and silver into liquid, productive digital collateral.
The World Liberty Trust Company, linked to former President Donald Trump, has received a conditional bank charter to issue the USD1 stablecoin, taking over issuance from BitGo.
Compound, a pioneer in decentralized finance (DeFi) lending, is pivoting to attract institutional investors after retail interest waned. The protocol has committed $52 million to this effort and appointed a new leadership team to drive the change.
Galactiator, known as G.W. Jackston, has unveiled a new crypto project called GalactiFi. The project aims to revolutionize decentralized finance with a focus on interoperability and user-friendly features. The announcement was made via a tweet on X, sparking interest in the crypto community.
DefiLlama postponed its mobile app launch after discovering fake phishing apps on the Apple Store draining crypto wallets. The founder reported that Apple removed one such app within days of being notified.