Tether-Backed RWA Markets Launch on Hyperliquid
@Dreamcash announces the launch of CASH, a HIP-3 perpetual DEX on Hyperliquid, featuring markets like USA500-USDT, TSLA-USDT, and NVDA-USDT with up to 20x leverage. #Update #DeFi
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
@Dreamcash announces the launch of CASH, a HIP-3 perpetual DEX on Hyperliquid, featuring markets like USA500-USDT, TSLA-USDT, and NVDA-USDT with up to 20x leverage. #Update #DeFi
@AnthonyScaramucci warns the CLARITY Act’s ban on yield-bearing stablecoins undermines the US dollar’s competitiveness against China’s Digital Yuan, potentially impacting foreign exchange markets. #Update #Crypto $USDC
It would be a mistake to view the current high APYs in stablecoins as sustainable, warns @RonTarter, CEO of MNEE, indicating this is just a promotional phase. #Update #Crypto
Crypto cards have evolved from niche products to significant players in the payments market, now rivaling P2P stablecoin transactions in volume, according to @Artemis report. #Update #Crypto
Interactive Brokers now allows US clients to fund accounts with $USDC for near-instant deposits, with RLUSD and PYUSD support expected next week. #Update #Finance $USDC
@Ripple partners with @LMAXGroup, providing $150 million to integrate RLUSD stablecoin into trading infrastructure for banks and institutional investors, enhancing cross-asset mobility. #Update #Crypto $XRP
@BankofAmerica CEO Brian Moynihan warns that legalizing interest payments on stablecoins could lead to a $6 trillion outflow from U.S. banks, impacting lending and the economy. #Update #Crypto $USDC
@PolygonLabs has agreed to acquire Coinme and Sequence for over $250 million, aiming to enhance compliant stablecoin payments globally. The Sequence deal closes this month; Coinme’s is set for Q2 2026, pending regulatory approval. #Update #Crypto $MATIC
Bitcoin advocacy groups urge Congress to extend tax exemptions to $BTC and major network tokens, warning current proposals limit relief to stablecoins, complicating crypto payments. #Update #Crypto $BTC
The Bank of Thailand places $USDT under monitoring to combat grey money, linking stablecoin activity to foreign participants. #Update #Crypto $USDT
Over $182 million in USDT stablecoins have been frozen on the Tron blockchain by @Tether, linked to suspected scams. The largest address held over 50 million USDT. #Breaking #Legal $USDT (-8) ↘
@FranklinTempleton retrofits two Western Asset money market funds for the US stablecoin market, enabling them to serve as SEC-registered collateral without altering their regulatory status. #Update #Crypto $USDC
Senate draft bill bans interest on stablecoins, favoring banks; Democratic senators call for hearing. SEC and CFTC to set disclosure rules. #Update #Legal
VelaFi secures $20M Series B to expand its stablecoin network, led by XVC and Ikuyo, with Alibaba Investment and others participating. #Update #Fintech