stablecoin
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SBI's B2C2 Designates Solana as Primary Settlement Network for Institutional Client Stablecoins
Svmuu News: SBI's market maker B2C2 has announced that it has designated Solana as the core network for routing and settling large-scale stablecoin transactions for its institutional clients. B2C2, ma
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PeckShield: Crypto Hacking Losses in March Reach $52 Million, Surging 96% Month-on-Month
Svmuu News Blockchain security firm PeckShield released a report stating that in March 2026, the crypto industry experienced 20 major security incidents, with cumulative losses reaching $52 million, a
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Polygon Founder: Polygon Chain Stablecoin Transaction Volume Reaches Nearly 160 Million Last Week, Hitting a Record High
According to Svmuu, Polygon founder Sandeep Nailwal posted on the X platform stating that Polygon's stablecoin transaction count reached 159.9 million last week, setting a new historical record. Concu
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Justin Sun deposited five tokens worth approximately $16.2 million into HTX last night
Svmuu According to on-chain analyst Ai Yi's monitoring, Justin Sun deposited five tokens worth approximately $16.2 million into HTX last night, including $2.53 million worth of TRX, $13.45 million wor
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Svmuu Morning Brief
1. Hong Kong's first batch of compliant stablecoin licenses delayed; HKMA responds that efforts are being fully advanced. 2. U.S. stock market closes with crypto sector broadly higher; ABTC up over 17
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Hong Kong's First Batch of Compliant Stablecoin Licenses Delayed, HKMA Responds That It Is Fully Advancing the Process
Svmuu News Hong Kong's first batch of issuer licenses were originally scheduled to be issued in March 2026 but have not been granted as planned. A spokesperson for the Hong Kong Monetary Authority (HK
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Cardano Founder: Clarity Act Could Be "Weaponized," Stifling Industry Innovation
Svmuu News Cardano founder Charles Hoskinson has raised strong doubts about the U.S. "Digital Asset Market CLARITY Act," suggesting it could have long-term negative impacts on implementation, politica
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WisdomTree: Clarity Act Not a "Threshold" for Crypto Innovation, Existing Regulations Are Sufficient
Svmuu News Asset management firm WisdomTree stated that the "Clarity Act" currently under discussion in the U.S. Congress is not a necessary prerequisite for advancing its crypto and tokenization busi
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Latin American Giant Mercado Libre Shuts Down Mercado Coin, Terminates Its Own Crypto Incentive System
Svmuu News Latin American e-commerce giant Mercado Libre has announced the shutdown of its proprietary crypto token, Mercado Coin, ending this nearly four-year-long user incentive experiment. Starting
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Fed's Barr Warns of Stablecoin Risks, Emphasizes Need for Enhanced Regulation and Reserve Scrutiny
Svmuu News: Federal Reserve Governor Michael Barr stated that stablecoin development must be built upon strict regulation, warning that without effective constraints, it could repeat the "long history
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TD Cowen: Probability of Crypto Market Structure Bill Passing This Year Only One-Third
Svmuu News TD Cowen Managing Director Jaret Seiberg stated in a Monday research report that he is "increasingly pessimistic" about the prospects of the crypto market structure bill, the Clarity Act, e
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Bitget Wallet Integrates XRPL Mainnet, Expanding RLUSD Payment Scenarios
Svmuu News Bitget Wallet has announced the integration of the XRP Ledger (XRPL) mainnet, enabling users to complete XRP and RLUSD transfers and cross-chain transactions within the wallet. Simultaneous
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Former a16z Crypto Investor Raises $10 Million to Establish Stablecoin Clearinghouse Better Money
Svmuu News Former a16z crypto investor Sam Broner announced the co-founding of The Better Money Company with his college friend Adam Zuckerman, completing a $10 million seed funding round. a16z crypto
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Cross-border remittance startup OpenFX completes $94 million funding round led by Pantera and others
Svmuu News According to Reuters, foreign exchange market-making and cross-border remittance startup OpenFX has completed a $94 million funding round. This round was led by institutions including Accel
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StraitsX Launches XSGD and XUSD Stablecoins in Solana
Svmuu News StraitsX Launches XSGD (Singapore Dollar Backed) & XUSD Stablecoins on Solana. Users can now exchange between SGD and USD on-chain without having to go through banks or traditional forex br
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BIT: Circle Falls 28%, Valuation Re-enters Watch Zone
Svmuu News, BIT released a chart today stating that in their report on February 25th, they noted that when Circle's stock price fell to around $63, short positions were crowded, and covering these pos
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KB Card Partners with Avalanche to Launch "Hybrid" Stablecoin Credit Card
Svmuu News: KB Kookmin Card, one of South Korea's largest credit card companies, announced on Tuesday that it will collaborate with Avalanche to build a hybrid stablecoin payment model. Previously, in
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Ant Group Completes Acquisition of Hong Kong Stablecoin Concept Stock Yaocai Securities, Acquiring 50.55% Stake for HK$2.814 Billion
Svmuu News According to Caixin.com, Ant Group has completed the acquisition of Hong Kong stablecoin concept stock Yaocai Securities, acquiring a 50.55% stake for HK$2.814 billion. The board of directo
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Bernstein: With cryptocurrency stocks currently experiencing a sharp decline, Coinbase, Robinhood, and Figure’s first-quarter earnings reports may have hit bottom
Svmuu News: Bernstein noted that cryptocurrency-related stocks are currently trading at a “significant discount” following a broad market decline, with valuations reflecting weak short-term market sen
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STRC-backed on-chain revenue stablecoin issuer Apyx protocol has reached 1,000 users
Svmuu News Apyx, an issuer of on-chain revenue stablecoins backed by Strategy's Stretch (STRC), has reached 1,000 users of its protocol.Apyx says on-chain digital credit revenue is taking over. (Bitco
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USDD TVL Officially Breaks $1.93 Billion, Setting Another All-Time High
Svmuu News: According to official website data, the total TVL of the decentralized stablecoin USDD has surpassed $1.93 billion, growing by approximately $500 million within a week and once again reach
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Svmuu Evening Brief
1. Coin Center: If the CLARITY Act is not passed, the U.S. government may strengthen crypto regulation again in the future; 2. Coinbase CEO apologizes for frequent push notifications about prediction
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Wu Jiezhuang Initiates "Hong Kong-South Korea Web3 Policy Promotion Alliance" Focusing on Stablecoins and Digital Asset Regulation
Svmuu News Hong Kong Legislative Council member Wu Jiezhuang and a South Korean National Assembly member have initiated the "Hong Kong-South Korea Web3 Policy Promotion Alliance," focusing on areas su
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Coin Center: If CLARITY Act Fails to Pass, US Government May Strengthen Crypto Regulation in the Future
Svmuu News According to Peter Van Valkenburgh, Executive Director of Coin Center, if the crypto market structure bill, the CLARITY Act, fails to pass, a future US government that is unfriendly to the
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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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