Won-pegged stablecoin KRW1 launches in South Korea on Avalanche
Stablecoin development in South Korea has advanced with the launch of KRW1, a won-pegged token issued on the Avalanche blockchain.…
Category: DeFi News
Hyperliquid price hits new ATH of $59.39 ahead of native stablecoin launch
Hyperliquid’s native token has soared to an all-time high, riding a wave of investor enthusiasm and bullish on-chain signals as…
Curve Finance votes on revenue-sharing model for CRV holders
Curve Finance has proposed a new protocol called Yield Basis that would share revenue directly with CRV holders, marking a…
Ondo Finance’s yield-bearing USDY stablecoin goes live on Stellar
Ondo Finance has launched USDY, a yield-bearing stablecoin backed by U.S. Treasuries and bank deposits, on the Stellar network, marking…
Maestro launches institutional platform for BTC-native capital markets
Maestro, a Bitcoin-native financial infrastructure platform, has introduced an institutional-grade solution aimed at accelerating adoption of the benchmark digital asset…
USDC goes live on Hyperliquid as Circle joins as stakeholder
Circle has rolled out native USDC on Hyperliquid’s HyperEVM chain and taken a direct stake in the network, marking a…
KernelDAO to launch new reward-bearing stablecoin KUSD
BNB Chain-based restaking protocol KernelDAO is stepping into real-world credit with a reward-bearing stablecoin that generates yield from institutional usage…
Coinbase defends Genius Stablecoin Act amid U.S. bank pushback
Crypto exchange Coinbase is pushing back against the attempt by U.S. banking groups to have the recently enacted Genius Stablecoin…
China’s NEXT Technology eyes $500m raise for Bitcoin treasury
China’s Next Technology Holding is seeking to expand its already sizable Bitcoin treasury with a plan to raise up to…