stablecoin
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White House Advisor Says Crypto Legislation Differences Converge, Process Accelerates
Svmuu News: White House Digital Asset Advisor Patrick Witt stated that the previously considered "difficult to resolve" differences in crypto legislation have significantly narrowed, and the prospects
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William Blair: Coinbase Risks Released After Pullback, USDC Growth Boosts Outlook
Svmuu News Investment bank William Blair stated that after its stock price fell approximately 26% from its high in the first quarter, Coinbase has largely completed its de-risking process. Market expe
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WLFI Recasts 25 Million USD1 to Repay Dolomite Loan and Alleviate Pool Crisis
According to Arkham data, World Liberty Financial (WLFI) has newly minted 25 million USD1 via BitGo Custody and burned 3 million through the TokenGovernor contract, resulting in a net increase of 22 m
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American Bankers Association Criticizes White House Stablecoin Report: Wrong Analytical Direction, Ignores Core Risks of Interest-Bearing Stablecoins
Svmuu The American Bankers Association (ABA) has publicly criticized the stablecoin report released by the White House Council of Economic Advisers (CEA), calling its analytical direction completely w
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Svmuu Evening Brief
1. European Central Bank supports centralizing crypto regulation under ESMA, proposes unified EU regulatory framework; 2. Genius adds refund feature to airdrop plan, supports applications within 48 ho
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Circle and Dunamu Sign Memorandum of Understanding to Advance Cooperation in Stablecoins and Other Areas
Svmuu News: USDC issuer Circle has signed a comprehensive Memorandum of Understanding (MOU) with Dunamu, the parent company of the Korean exchange Upbit. The two parties will collaborate in the areas
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Exodus CEO: Institutions Accelerate Entry, Crypto Market May Enter "Institution-Led Cycle"
Svmuu News Exodus CEO JP Richardson stated that institutions are accelerating their entry into the crypto market this year, while retail participation has declined, potentially signaling the market's
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ECB Supports Centralizing Crypto Regulation to ESMA, Proposes Unified EU Regulatory Framework
Svmuu News The European Central Bank (ECB) has expressed support for the EU's proposal to centralize regulatory authority over crypto-assets to the European Securities and Markets Authority (ESMA). He
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RWA & Payments 2026 will be held on April 20, 2026, at the AWS HK Office in Causeway Bay, Hong Kong
Svmuu News RWA & Payments 2026 will be held on April 20, 2026, at the AWS HK Office in Causeway Bay, Hong Kong. The event is jointly hosted by Mask Network, BenPay, and StableStock, with co-organizers
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Aave DAO Passes $25 Million Grant Proposal for Aave Labs
Svmuu News Aave DAO passed the first binding proposal under the Aave Will Win framework for Aave Labs on Sunday. The proposal received support from 522,780 AAVE tokens and opposition from 175,310 AAVE
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Analysis: U.S.-Iran Conflict Triggers Banks' Withdrawal from Trade Finance, Commodity Traders "De-banking" and Turning to Stablecoin Settlements
Svmuu News According to CoinDesk, escalating geopolitical conflicts related to Iran have prompted Western banks to accelerate their withdrawal from certain commodity trade finance businesses due to co
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Tether CEO: Centralized AI Is Unsustainable and Leads to a Dead End; We Should Return to User Autonomy
Svmuu News: Paolo Ardoino, CEO of stablecoin issuer Tether, posted on platform X, stating that "AI should be open like freedom." He believes the development path of centralized AI has reached a "dead
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Argentina Includes Cryptocurrency in Qualified Investor Net Asset Scope
Svmuu News: The Argentine National Securities Commission (CNV) has now recognized cryptocurrencies as assets that can be counted towards an individual's net worth, thereby allowing individuals to qual
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Svmuu Noon News
1. ETH has fallen 55% from its all-time high; 2. Iran negotiations face new variables, Trump hints at possible "naval blockade" measures; 3. Sky co-founder Rune closes 7x leveraged Nasdaq 100 short po
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WLFI Co-Founder Responds to Recent Doubts: WLFI Has No Connection to Projects or Entities Like TRUMP Meme Coin or CIC Digital Company; Main Product is USD1 Stablecoin, Not Trading Fees
Svmuu News In response to recent concentrated doubts about the WLFI project on platform X, WLFI co-founder Zach Witkoff posted a response stating: "You lack a basic understanding of the facts here. Th
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French Central Bank Calls for Tightening MiCA Stablecoin Payment Restrictions, Plans to Strengthen Self-Custody Wallet Regulation
Svmuu News: French regulators are strengthening crypto asset oversight from multiple angles. Denis Beau, Deputy Governor of the French central bank, has called for stricter restrictions on non-euro st
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Hong Kong Monetary Authority: Will Maintain Communication and Exchange with Institutions Not Granted Stablecoin Licenses in the First Batch
Svmuu News The Hong Kong Monetary Authority stated that it will maintain communication and exchange with institutions that were not granted licenses in the first batch of applications, or with other i
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Ripple Strategy Partners with Trident to Build Digital Payment System Based on RLUSD Stablecoin
Svmuu News Ripple Strategy Holding announced a strategic cooperation agreement with Nasdaq-listed Trident Digital Tech Holdings. The two parties will jointly build a digital payment system based on th
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Gate Releases White Paper on Employment Development Trends in the Crypto Industry: AI Reshapes Job Structure, Versatile Talent Becomes Core Competitiveness
Svmuu News: Gate Research Institute, in collaboration with Global HR, has released the "Gate White Paper on Employment Development Trends in the Crypto Industry," which outlines the talent structure,
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Circle Responds to Drift Exploit Incident: Calls for Accelerated Crypto Regulation Legislation, USDC Freezes Require Legal Enforcement
Svmuu News Dante Disparte, Chief Strategy Officer of Circle, has issued a statement in response to the April 1st exploit of Drift Protocol, which resulted in losses exceeding $270 million. He stated t
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Anchor Fintech plans to launch regulated Hong Kong dollar stablecoin HKDAP in phases during Q2
Svmuu News: Animoca Brands announced on the X platform that Anchor Fintech, a joint venture co-founded by Standard Chartered Bank, HKT, and Animoca Brands, will phase in the launch of the regulated Ho
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Caixin: Polymarket's Use of USDC for Settlement and Delivery Poses Significant Legal Risks for Participants in Mainland China
Svmuu News Caixin.com published an article titled "Financial Innovation or Insider Trading? The Rise and Controversy of Polymarket." It points out that when insider information can be openly monetized
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Hong Kong Monetary Authority Chief: Stablecoin Purchases or Usage Should Be Through Regulated Channels
Svmuu News: Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue stated that the first batch of stablecoin issuer licenses have been granted today. According to the business plans of the lice
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Svmuu Evening Brief
1. ETH staking rate hits a new all-time high, with staked ETH valued at approximately $85 billion; 2. HSBC and Standard Chartered Bank obtain stablecoin licenses in Hong Kong; 3. The Japanese governme
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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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