stablecoin
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Lista DAO Updates Progress on USR Incident: $8.4 Million Loan Repaid, Risk Nearly Fully Resolved
Svmuu News Lista DAO posted an update on the progress of the Resolv Labs stablecoin USR security incident on platform X. It disclosed that the previously involved loans totaled $8.6 million, and $8.4
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"Hawkish" Shin Hyun Song to Become New Governor of the Bank of Korea, Holds Negative Stance on KRW Stablecoin
Svmuu News South Korean President Lee Jae-myung has nominated Shin Hyun Song, head of the Monetary and Economic Department at the Bank for International Settlements (BIS) and known as a "pragmatic haw
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Anthropic's Latest Test Model "Mythos" May Reshape Crypto Security Landscape and Intensify Attack-Defense Competition
Svmuu News Anthropic was recently disclosed to be testing a new AI model named "Mythos," described as "bringing unprecedented cybersecurity risks," which has direct implications for the crypto industr
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Svmuu Morning Brief
1. Intercontinental Exchange makes an additional $6 billion investment in Polymarket, bringing total investment to $16.4 billion; 2. Trump: Bitcoin holds an important position, the US must maintain it
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U.S. Lawmaker's Office Plans to Release Stablecoin Yield Clause Draft Next Week, Industry Prepares Counter-Proposal
Svmuu News: Crypto journalist Eleanor Terrett disclosed that the office of U.S. Senator Thom Tillis plans to publicly release legislative text involving stablecoin yields and reward mechanisms next we
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U.S. Lawmakers Propose Draft "PARITY Act," Offering $200 Tax Exemption Only for Regulated Dollar Stablecoins
Svmuu News U.S. Representatives Steven Horsford and Max Miller have released a discussion draft of the "Digital Asset PARITY Act," aiming to promote the development of digital assets and enhance compl
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a16z crypto Partner: Crypto Industry Entering "Shirt Era," Blockchain-AI Integration to Drive On-Chain Agent Payments
Svmuu News a16z crypto partner Guy Wuollet stated in Fortune's Crypto Playbook program that the crypto industry is maturing and is currently in the "shirt era," not yet fully formalized but having mov
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Tether Hires KPMG to Audit USDT
Svmuu News According to a report by Tech in Asia, stablecoin USDT issuer Tether has selected KPMG as its auditor and has engaged PwC to assist in improving its internal systems. This move is the clear
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Former PBOC Governor: Cryptocurrency and Blockchain Technology Can Be Explored, Key Lies in Adapting to User Needs
Svmuu News According to former People's Bank of China Governor Zhou Xiaochuan at the Boao Forum for Asia, cryptocurrency and blockchain technology can be explored, but the key lies in whether they ada
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UK Reform Party Spokesperson: Technologies Like Stablecoins Help Prevent Financial Fraud
Svmuu News: Richard Tice, spokesperson for the UK Reform Party, stated that new technologies such as stablecoins and blockchain can help enhance the traceability of fund flows, thereby preventing fina
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Coinbase Policy Chief Calls for Reform of Crypto Tax Rules, Says Current System Is Outdated
Svmuu News Coinbase Chief Policy Officer Faryar Shirzad has called on U.S. lawmakers to reform cryptocurrency tax rules, stating that the current system treating crypto assets as "property" is struggl
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Svmuu Morning Brief
1. Fannie Mae to Accept Cryptocurrency as Mortgage Collateral; 2. Trump: I'm Not Necessarily Willing to Make a Deal with Iran; 3. Trump: Thought the Stock Market Would Fall More, Oil Price and Stock M
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David Sacks to Step Down as White House Crypto Lead, Multiple Legislative Items Still Pending
Svmuu News David Sacks will step down from his role as the White House lead for artificial intelligence and cryptocurrency affairs on March 27, having reached the 130-day limit for his special governm
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Resolv Labs: Strongly Advises Users Not to Trade or Purchase USR at This Time
Svmuu News Resolv Labs posted on the X platform, strongly advising users not to trade or purchase the USR stablecoin at this time. On-chain data shows that the USR illegally minted by the attacker has
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Goldman Sachs Significantly lowered the target price for Coinbase stock to $235
Svmuu News: Following reports of a new draft bill on stablecoins, Goldman Sachs. has significantly lowered its price target for Coinbase from $270 to $235. Coinbase has long been one of the staunchest
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Citi: Restrictions on stablecoin rewards may hinder USDC expansion, but do not alter Circle fundamentals
Svmuu News: Citibank stated that the restrictions on stablecoin incentive mechanisms in the draft U.S. "CLARITY Act" may pose temporary resistance to Circle (CRCL), but will not undermine its long-ter
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USDT0 Launches on Tempo, a Payment-Oriented Public Blockchain, Expanding the Full-Chain USD Liquidity Network
Svmuu News: The cross-chain stablecoin USDT0 has announced its launch on Tempo, a payment-oriented Layer 1 blockchain. Developed jointly by Stripe and Paradigm, Tempo emphasizes predictable settlement
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Tether Gold Launches on BNB Chain, Expanding Tokenized Gold Application Scenarios
Svmuu News Tether has announced that its gold-backed token, Tether Gold (XAU₮), is now live on BNB Chain, bringing this leading tokenized gold asset to a broader crypto ecosystem. Each XAU₮ token is b
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Data: Revolut Has Processed Over $1.2 Billion in Stablecoin Cross-Border Transfers via Polygon
Svmuu News Polygon has officially announced that Revolut's transaction volume on its chain has exceeded $1.2 billion. This European fintech company is further deepening its commitment to blockchain. R
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Alchemy Pay's Hong Kong Investment Target HTF Securities Approved by SFC, Upgraded to Virtual Asset Trading License
Svmuu News: Cryptocurrency payment company Alchemy Pay announced that its Hong Kong strategic investment target, HTF Securities Limited, has received approval from the Hong Kong Securities and Futures
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Analysis: If Key Support Holds, Circle's Stock Price Could Rebound to Around $130 in the Coming Weeks
Svmuu News Circle (CRCL) stock is showing signs of a technical rebound after a previous single-day plunge of approximately 20%. Analysis suggests that if key support levels hold, the stock price could
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Stablecoin-Enabled Forex Trading Startup XFX Completes $17 Million Funding Round, Led by Castle Island Ventures
Svmuu News Stablecoin-enabled forex trading startup XFX announced the completion of a $17 million funding round, led by Castle Island Ventures with participation from Haun Ventures and Coinbase Ventur
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An address deposited 33.127 million RESOLV tokens to Binance, worth approximately $1.44 million
According to Arkham monitoring, approximately 15 hours ago, an address associated with Resolv Labs:ResolvStakingSilo deposited 33.127 million RESOLV tokens to Binance, worth about $1.44 million. Resol
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Startale Group Completes $63 Million Series A Funding Round with SBI and Sony Participating
Svmuu News Startale Group has completed a $63 million Series A funding round, with SBI Group investing $50 million and Sony Innovation Fund investing $13 million. This round of funding will be used to
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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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