Stablecoin Project Secures $13.5M Funding
Osero, incubated by @Stablewatch and Soter Labs, raised $13.5M led by Sky Ecosystem to enhance stablecoin yield infrastructure with products like Osero Earn and Foundry. #Update #Crypto $USDT
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
Osero, incubated by @Stablewatch and Soter Labs, raised $13.5M led by Sky Ecosystem to enhance stablecoin yield infrastructure with products like Osero Earn and Foundry. #Update #Crypto $USDT
@Anchorage is stepping back from its prominent role in the Global Dollar stablecoin consortium, which includes @Robinhood and @kraken, adopting a more neutral stance on stablecoins. #Update #Crypto $USDG
Circle’s shares surged nearly 16% to $131.76, driven by strong earnings and a $222M presale of its ARC token, with analysts predicting further upside. $USDC now has $77B in circulation. #Update #Crypto $CRCL
The American Bankers Association is lobbying against the Senate’s Digital Asset Market Clarity Act, warning that stablecoin provisions could harm bank deposits and financial stability ahead of a committee vote. #Update #Crypto $USDC
Tether’s $USDT holds 58.76% of the stablecoin market at $189.63B, while Circle’s $USDC gains $1.61B in 7 days, signaling renewed demand. #Update #Crypto $USDT
USDT on Ethereum experiences its largest exchange outflow since February, signaling potential market shifts. #Update #Crypto $USDT
Tether’s QVAC MedPsy AI model, with 1.7 billion parameters, outperforms larger rivals in medical benchmarks and runs on consumer hardware without cloud infrastructure. #Update #Tech
Amazon Web Services (@AWS) partners with @Coinbase and @Stripe to enable AI agents to use $USDC for transactions, integrating crypto payments into enterprise AI software. #Update #Crypto $USDC
ECB President Lagarde warns euro stablecoins pose financial stability risks, citing USDC’s 2023 depeg. ECB’s Pontes project to launch in September 2026. #Update #Crypto $USDC
Sen. Elizabeth Warren urges @Meta to disclose stablecoin plans before Clarity Act vote, citing potential impacts on competition and financial stability. #Update #Crypto $USDC
Tether has frozen over $514 million in USDT, targeting 370 addresses across TRON and Ethereum to combat illegal activities. This includes $506 million from 329 TRON addresses. #Update #Crypto $USDT
A coalition of U.S. banking groups warns the Clarity Act’s stablecoin yield language allows evasion, urging stricter rules as Senate Banking Committee vote nears. #Update #Legal
U.S. Senator Elizabeth Warren demands transparency from @Meta regarding its stablecoin integration plans, citing past failures with Libra and potential risks to financial stability. #Update #Crypto $USDC
European Central Bank President Christine Lagarde warned against euro-pegged stablecoins, advocating for central bank infrastructure to mitigate financial stability risks amid growing dollarization concerns in Europe. #Update #Crypto $USDC