stablecoin
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Stablecoin payment company KAST has raised $80 million in funding, valuing the company at approximately $600 million
Svmuu News: Stablecoin payment company KAST has raised $80 million in funding, co-led by QED Investors and Left Lane Capital. The funds will be used for expansion in North America, Latin America, and
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DeFi Stablecoin Rates Hit Lowest Level Since June 2023
Svmuu News Blockworks posted on X platform, stating that stablecoin rates in DeFi have dropped to their lowest level since June 2023.
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Planet Evening News
1. CRCL’s stock price briefly surpassed $105 before retreating to around $102, having more than doubled from its low for the year; 2. AI agents have processed 140 million payments over the past nine m
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Analyst: Macro Headwinds Weigh on Crypto Market, Net Stablecoin Inflows to Exchanges Remain Negative Overall
Svmuu News Darkfost posted on X platform, stating that macro headwinds continue to exert pressure on the crypto market. The latest macroeconomic data presents a more complex situation for the Federal
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Tether CEO Paolo Ardoino: Over 550 Million USDT Users, Single Sender Accounts for Less Than 5%
Svmuu News Tether CEO Paolo Ardoino stated in a post on platform X that USDT is unique. The largest sender accounts for less than 5% of transactions, whereas for other stablecoins, a single entity can
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Raoul Pal: Global Liquidity Highly Correlated with BTC, Market at Historically Oversold Levels
Svmuu News Raoul Pal stated on the X platform that despite widespread frustration with cryptocurrencies and purely technical analysts believing the market is over, he disagrees. Global liquidity is th
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In February, the number of stablecoin transactions reached 1.8 trillion, setting a new record; USDC accounted for approximately 70% of the total, roughly double the number of USDT transactions.
Svmuu News: According to data from the Allium website, the number of stablecoin transactions reached 1.8 trillion in February, setting a new monthly record; Of these, USDC transactions accounted for 7
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Vitalik Buterin: AI Agents May Expose User Behavior, Crypto Privacy is Indispensable
Svmuu News: Ethereum co-founder Vitalik Buterin stated on the X platform that in the context of the increasing popularity of AI agents, cryptographic privacy technology is crucial for protecting users
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Planet Midday News
1. X Money account opening process revealed: Currently, only a name and residential address are required; security verification relies on facial recognition or a PIN code; 2. SlowMist Yu Xian: Does no
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Planet Morning Briefing
1. Kalshi Faces Class-Action Lawsuit: For Failing to Pay Out Rewards to Users of a Prediction Market Related to the War in Iran; 2. Strategy Head: STRC and MSTR Will Become the Ultimate Accumulation M
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Coinbase: New US Crypto Tax Rules Are Complex, Stablecoin and Gas Fee Reporting May Lead to System "Over-Reporting"
Svmuu News Coinbase stated that the rules for the new digital asset tax reporting Form 1099-DA introduced by the U.S. Internal Revenue Service (IRS) are overly cumbersome and could impose unnecessary
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CLARITY Act Controversy Heats Up: White House Crypto Official Refutes View That Stablecoin Rewards Trigger Bank Deposit Outflows
Svmuu News The debate over the U.S. CLARITY Act has sparked a public dispute between the banking industry and White House crypto policy officials. Christopher Williston VI, President of the Independen
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Polymarket Documentation Update: No Disclosure of空投资 Qualification Criteria; Users Encouraged to Focus on Genuine Interaction
Svmuu News: The FAQs (Frequently Asked Questions) section of Polymarket’s official documentation shows “Updated Today” under the question “Does Polymarket have a token?” The latest updated content, tr
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Gate Releases Latest Reserve Report: Overall Reserve Ratio Reaches 115%, with Ample Core Asset Reserves
Svmuu News: According to an official announcement, Gate has released its latest reserve report. As of June 22, 2026, the platform’s overall reserve coverage ratio reached 115%, significantly exceeding
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Svmuu Morning Brief
1: “The White-Haired Stock Guru” Serenity Responds to Criticism: The market is the ultimate arbiter of right and wrong, not angry comments on social media; 2: Well-known MEV bot Jaredfromsubway.eth su
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Hyperliquid: All USDH-denominated markets on HyperCore have been settled
Svmuu News: Hyperliquid announced that, as part of the USDH exit plan, all USDH-denominated markets on HyperCore have been settled, and users can immediately dispose of their remaining USDH assets, in
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Tether Lianchuang: Stablecoins Are Entering the 2.0 Era; In the Future, Users Should Share in Reserve Returns
Svmuu News: Reeve Collins, co-founder of Tether, stated that the stablecoin industry is entering its “2.0 era.” He noted that current stablecoin infrastructure still suffers from structural issues, an
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Japanese Police Uncover Stablecoin Money Laundering Case: Fraud Proceeds Converted into Crypto Assets; Experts Warn of Regulatory Challenges
Svmuu News: Stablecoins—a new type of electronic payment tool that has attracted attention from governments and financial institutions—are being used by some criminal groups for money laundering. Beca
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Crypto Reporter: Stablecoin Returns Take Center Stage at the American State Bankers Association Conference
Svmuu News: A Fox Business crypto reporter posted on X that, according to a banking source familiar with the relevant meetings, coordination with senators regarding stablecoin yields has become a key
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Ethereum Monthly Ecosystem Summary: Multiple Releases and Upgrades Implemented, Covering Scaling, Privacy, Payments, and Institutional Applications
Svmuu News: Ethereum has released its monthly ecosystem summary, detailing numerous launches and upgrades across multiple areas, including L2 scaling, privacy-preserving payments, institutional financ
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AllUnity Launches SEKAU, a Swedish Krona-Pegged Stablecoin
Svmuu News: Digital asset company AllUnity has launched SEKAU, a Swedish krona-backed stablecoin. The token is issued in accordance with the EU’s Market in Crypto-Assets Regulation (MiCA) and operates
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The STRC unpegging can be viewed as an extreme stress test for the market; the time it takes to re-peg may influence market concerns regarding Strategy’s coin sales.
Svmuu News: Crypto analyst Murphy posted that STRC’s current de-pegging can be viewed as an extreme stress test for the market. He believes that STRC’s de-pegging has temporarily deprived it of its ab
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U.S. regulators have released draft implementing rules for the GENIUS Act, requiring stablecoin issuers to comply with know-your-customer (KYC) rules.
Svmuu News: The U.S. Federal Reserve, the Department of the Treasury, and other financial regulatory agencies have jointly released draft implementing rules for the GENIUS Act, requiring stablecoin is
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Range, a stablecoin compliance startup, has raised $8.3 million in Series A funding, with TX Ventures and others participating
Svmuu News: Range, a stablecoin compliance startup, announced the completion of an $8.3 million Series A funding round, with participation from TX Ventures, SixThirty, Maven 11 Capital, and Onigiri Ca
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Range, a stablecoin compliance infrastructure provider, has raised $8.3 million in Series A funding, led by TX Ventures and others
Svmuu News: Range, a stablecoin compliance infrastructure provider, announced the completion of an $8.3 million Series A funding round. The round was led by traditional fintech funds such as Switzerla
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Stablecoin payment infrastructure Trace Finance raises $32 million in Series A funding, led by CoinFund
Svmuu News: Trace Finance, a stablecoin payment infrastructure provider, announced the completion of a $32 million Series A funding round led by CoinFund, with participation from Coinbase Ventures, an
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Privacy Agreement: Zama Officially Launches On-Chain Privacy Asset Transfer Service for Retail Investors
Svmuu News: Privacy protocol Zama has announced the official launch of an on-chain privacy asset transfer service for retail users, allowing users to convert U.S. dollar-pegged stablecoins such as USD
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Since June 10, Sui has processed nearly $65 billion in zero-gas stablecoin transactions.
Svmuu News: According to statistics from blockchain security firm CertiK, since June 10, the Sui blockchain has processed nearly $65 billion in zero-gas stablecoin transactions; Since the beginning of
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WLFI May Receive Approval from the U.S. OCC for Its Application for a Federal Trust Bank Charter
Svmuu News: World Liberty Financial, a crypto project backed by the Donald Trump family, is expected to receive approval from the U.S. Office of the Comptroller of the Currency (OCC) to operate as a n
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Base will activate the Beryl hard fork upgrade on its mainnet on June 26, introducing the B20 native token standard.
Svmuu News: According to official reports, Base is set to launch the Beryl hard fork upgrade, which will introduce the B20 native token standard, reduce the final confirmation period for single-proof
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Base Lead: Base is striving to become the underlying network that supports global financial activities
Svmuu News: At today’s “Coinbase System Update: Take Control” event, Base CEO Jesse Pollak outlined the platform’s latest strategic direction. Base is committed to becoming a platform that supports gl
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Senators from Both Parties Urge the U.S. Treasury Department to Preserve State-Level Regulatory Authority Over Stablecoins Under the GENIUS Act
Svmuu News: A bipartisan group of senators led by Cynthia Lummis sent a letter to U.S. Treasury Secretary Scott Bessent, urging the Treasury Department to preserve states’ regulatory authority over ce
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Squid Integrates Ripple's RLUSD Stablecoin, Enabling One-Click Cross-Chain Exchanges
Svmuu News: Squid, a cross-chain infrastructure platform, has announced the integration of RLUSD, a stablecoin issued by Ripple. Users can now exchange assets for RLUSD—or vice versa—across different
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Flutterwave Completes Strategic Financing Round; Ripple Takes a Stake
Svmuu News: Flutterwave has announced the completion of a strategic funding round, with Ripple taking a stake in the company. The specific amount raised and Ripple’s stake have not yet been disclosed.
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U.S. government regulators are urging the Federal Deposit Insurance Corporation to coordinate cryptocurrency regulation
Svmuu News: On June 8, the U.S. Government Accountability Office (GAO) sent a letter to Travis Hill, Chairman of the Federal Deposit Insurance Corporation (FDIC). The letter noted that blockchain-rela
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Apyx: Launches Apyx 2.0 to Redesign Its Capitalization Framework
Svmuu News: According to an official announcement from Apyx, during the recent downturn in the Bitcoin market, STRC hit its largest-ever drop, causing the secondary market price of apxUSD to fall to $
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An In-Depth Analysis of the Carbon Stablecoin: Mechanisms and Key Features
The Carbon stablecoin (CUSD) is designed to provide a decentralized, censorship-resistant cryptocurrency stablecoin pegged to the U.S. dollar. This article will delve into how CUSD maintains its stability through an overcollateralized model, analyze its minting, burning, and liquidation mechanisms, and highlight its key strengths in terms of decentralization, transparency, and potential stability, providing readers with a comprehensive overview of the design philosophy behind this innovative stablecoin.
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