Decentralized finance: lending, DEXs, stablecoins, yield, and liquidity. 353 stories curated by CryptoCatalyst.
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.
The IMF says dollar stablecoins can improve access to foreign currency but warns they may also make it easier for people to abandon local currencies during financial crises. This dual nature highlights both the benefits and risks of stablecoins in global finance.
Circle won final OCC approval to establish a national trust bank, allowing it to place USDC reserves under federal oversight and expanding its regulated digital asset custody business.
Circle, the issuer of the USDC stablecoin, has received final approval from the OCC to open a national trust bank. The bank will initially focus on custody and other trust services, with USDC reserve management planned for a later phase.
Lending protocol Bonzo Lend lost $9.05 million after an attacker exploited a verification flaw in a third-party Supra oracle contract on the Hedera network. The incident highlights the risks of relying on external data providers in decentralized finance.
Bonzo Lend lost $9 million after an attacker manipulated the value of SAUCE collateral using a flaw in Supra's on-chain oracle verifier. The exploit highlights ongoing risks in decentralized finance (DeFi) platforms.
Circle secured final OCC approval to establish a national trust bank, shifting its $73.2 billion stablecoin to a unified federal framework.
Hyundai has become the first major South Korean company to introduce stablecoin transfers for its internal operations, aiming to streamline cross-border payments. This move highlights a growing trend among corporations exploring stablecoins for more efficient financial operations.
Circle, the issuer of USDC, has been granted final approval for a national trust bank charter by the OCC. This charter will initially serve Circle and its affiliates, with potential future expansion into institutional custody services.
DeFi tokens have shown unusual resilience, outperforming Bitcoin in a downturn. Bitwise notes this is rare, as DeFi typically sees more extreme price swings. The sector's stability suggests a potential re-rating in its value.
CRYL, a Japanese financial services firm, is now offering loans backed by Bitcoin, allowing individuals and businesses to borrow up to $6.2 million. This marks a significant step in integrating Bitcoin into traditional lending markets in Japan.
Circle, the issuer of the stablecoin USDC, has received approval to operate as a trust bank in the U.S., adding to a growing list of crypto firms seeking federal banking licenses as the industry moves into the regulated financial system.
Aave has introduced Stable Vaults, allowing fintech companies to offer yield on stablecoin deposits. This move aims to attract financial services like wallets and payment apps to the DeFi ecosystem.
Crypto hacks hit a record 207 incidents in the first half of 2026, but total losses fell to $972 million, a significant drop from previous years. DeFi exploits, in particular, saw a 74% decrease in damage compared to 2022, according to Immunefi.
Toss, a popular mobile app in South Korea, is teaming up with blockchain platform Optimism and Sunnyside Labs to test a stablecoin pegged to the Korean won. This could make crypto payments more accessible for everyday transactions in South Korea.
Stablecoin-settled trading for traditional finance (TradFi) perpetuals surpassed $1.1 trillion in 2026, according to Binance Research. This highlights the growing role of stablecoins in tokenized financial markets, payments, and savings.
Stablecoin giant Tether has invested $20 million in Mercado Bitcoin, a major Brazilian exchange expanding into regulated digital financial services. This move highlights the growing interest in tokenizing real-world assets across Latin America.
Vanguard is hiring a digital assets leader to explore tokenization, stablecoins, and blockchain. This move signals the investment giant's growing interest in crypto technologies. The new role would oversee tokenization, stablecoins and blockchain initiatives as Vanguard reassesses digital assets.
Circle's USDC stablecoin has overtaken Tether in trading volume, driven by a 63% spike in activity as Wall Street banks adopt digital currencies for faster settlements. This shift highlights the growing preference for regulated stablecoins in financial transactions.
Stablecoin transaction volume surged to a new high of $1.79 trillion in June, signaling growing adoption. Analysts suggest this trend will continue as the market evolves, positioning stablecoins for broader use.
Summer.fi has paused its Lazy Summer vaults following a $6 million exploit, causing its SUMR token to drop over 18%. The DeFi protocol is investigating the incident and has not yet provided details on the cause or recovery efforts.
Kraken now lets eligible users use select tokenized stocks and ETFs as collateral for futures and margin trades, without needing to sell their holdings. This move bridges traditional finance and crypto trading.
Aave’s new Monad market reached $100 million in deposits just two days after launch, while Aave V4 crossed $250 million in deposits on Saturday, a new all-time high. This rapid growth highlights the strong demand for decentralized lending platforms.