stablecoin
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Aave CEO Stani: Clarity Act Will Provide Critical Legal Protection for US DeFi Developers
Svmuu Stani, CEO of Aave, posted on X platform, stating that the latest draft of the US market structure bill has been released. The Clarity Act can provide strong legal protection for DeFi developers
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Coinbase is driving revenue diversification through stablecoins and derivatives business
Svmuu reports that Coinbase's total revenue for the first quarter of 2026 was $1.4 billion, down 21% quarter-over-quarter, primarily due to a market downturn in cryptocurrency prices and reduced tradi
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Bitget Releases "2026 User Asset Allocation Report": 52% of Users Hold Both Stocks and Cryptocurrency
Svmuureports that Bitget recently released its "2026 User Asset Allocation Report," based on platform trading data and a survey of over 6,000 global users, revealing a trend among investors moving fro
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SBI and Startale Plan to Launch Japan's First Trust Bank-Backed Yen Stablecoin in Q2
Svmuu reported that Japanese financial group SBI and blockchain research and development company Startale plan to launch Japan's first trust bank-backed yen stablecoin in the second quarter, intended
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BIT U.S. Stocks Surpasses $200 Million in AUM Within 100 Days of Launch; Invest in U.S. Stocks Without a Bank Card
Svmuureported that since its U.S. stock business launched in February 2026, BIT (formerly Matrixport) has seen its assets under management (AUM) exceed $200 million. According to the platform's 12 con
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Members of the U.S. Senate Banking Committee have introduced more than 100 amendments to crypto-related bills
Svmuu News: A leaked list obtained by POLITICO shows that members of the U.S. Senate Banking Committee have submitted more than 100 amendments to the Crypto Markets Framework Act, which is set for con
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JPMorgan Chase Files to Launch Tokenized Money Market Fund JLTXX on Ethereum
Svmuu reports that JPMorgan Chase has filed an application to launch a tokenized money market fund, JLTXX, on the Ethereum blockchain. Officially named the JPMorgan OnChain Liquidity-Token Money Marke
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US Senate Confirms Kevin Warsh as Federal Reserve Governor
Svmuu News: The U.S. Senate confirmed Kevin Warsh as a member of the Federal Reserve Board of Governors by a vote of 51 to 45. Pennsylvania Senator John Fetterman was the only Democratic senator to su
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Benchmark Maintains Coinbase 'Buy' Rating, Raises Target Price to $270
Svmuureports that despite Coinbase's weak first-quarter performance, Benchmark has maintained its 'Buy' rating on the stock and raised its price target from $260 to $270. Coinbase reported a net loss
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JPMorgan Chase A second tokenized money market fund will be launched on Ethereum
Svmuu reported that JPMorgan Chase will launch its second tokenized money market fund on Ethereum, named the OnChain Liquidity-Token Money Market Fund, with the ticker JLTXX. The fund will primarily i
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Bitwise CIO: Privacy Could Be the Next “Killer App,” Arc, Canton, and Tempo Exceed $1 Billion in Total Funding
Bitwise Chief Investment Officer Matt Hougan stated that privacy is becoming a core infrastructure direction for the next phase of the crypto industry. Recently, three institutional-grade blockchains
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stablecoin yield infrastructure Osero completes $13.5 million funding round, led by Sky Ecosystem
Svmuureports, stablecoin yield infrastructure project Osero announced the completion of a $13.5 million funding round, led by Sky Ecosystem, with co-leading from Plasma. Participating investors includ
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French Central Bank Top Brass and Lagarde's Divergence Deepens: The Battle over the Digital Euro Path Heats Up, Private Stablecoin Strategies Clash
Svmuureports that the public rift over Europe's digital currency roadmap is widening. On Tuesday, Bank of France Deputy Governor Beau stated that "all relevant European public and private institutions
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Bermuda Moves Key Payments and Financial Services to Stellar, Advancing a Fully On-Chain National Economy
Svmuu, the Stellar Development Foundation and the Government of Bermuda have jointly announced that Bermuda will migrate key payment and financial services to the Stellar network, officially advancing
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Bitcoin Treasury Company Genius Group Makes Strategic Investment of $5 Million in Digital Bank Jewel Bank
Svmuu reports that Genius Group, a Nasdaq-listed bitcoin treasury company, has disclosed a strategic investment of $5 million in digital bank Jewel Bank, acquiring a 9.9% equity stake in the company.
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Analysis: Bitcoin Remains in Strong Expansion Zone, Multiple On-Chain and Capital Indicators Confirm “Full Bull Market Momentum”
Svmuu reports that although Bitcoin has retraced approximately 2.5% from its local high of $82,800 on May 6, market analysts widely believe its overall uptrend structure remains intact, and it has re-
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Gate Ventures: Tech Stocks Hit New Highs Amid Inflationary Pressure, Crypto Market Risk Appetite Recovers
SvmuuNews According to the latest weekly report from Gate Ventures, global markets continued to strengthen last week, driven by the technology sector. Both the S&P 500 and the Nasdaq index hit new rec
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Bakkt Q1 crypto revenue down 77% year-over-year, pivoting to stablecoin infrastructure
Svmuu reported that Bakkt released its Q1 2026 financial results, reporting a net loss attributable to the company of $11.7 million, or a loss of $0.41 per share, compared to a net profit of $7.7 mill
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Svmuu Evening Brief
1. Vitalik: Donated another 64 ETH to an animal welfare foundation, emphasizing that even the welfare of shrimp is important; 2. OKX will list perpetual contracts for SHLD, RKLB, MRVL, and WDC stocks;
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CLARITY Bill's Latest Draft Still Prohibits Earning Rewards from Merely Holding Stablecoins
Svmuureports that on May 12, the U.S. Senate Banking Committee released the latest 309-page draft of the CLARITY Act. However, Section 404 of the draft still stipulates a prohibition on rewards for "m
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Coinbase CEO to Meet with Republican Senators Ahead of Key CLARITY Act Vote
Svmuu Coinbase CEO Brian Armstrong plans to meet with U.S. Republican senators this Wednesday, on the eve of a key committee vote on the CLARITY Act scheduled for Thursday by the Senate Banking Commit
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TRC20-USDT circulation exceeds 89.3 billion, reaching a new all-time high
SvmuuNews: According to the latest data, the circulation of TRC20-USDT has increased to 89.3 billion tokens, once again hitting a historic high. Since the beginning of this year, the TRON network has
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Frax Finance: Tangent to Open Pre-deposit in One Week, frxUSD Becomes One of the Default Stablecoins
Svmuu reported that Frax Finance announced on X platform that DeFi project Tangent will open pre-deposits in one week, with frxUSD serving as one of the default stablecoins, alongside USDC to support
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Boundary Labs closes $2 million funding round led by Galaxy Ventures
Boundary Labs, a stablecoin infrastructure startup, has announced the completion of a $2 million Pre-Seed round led by Galaxy Ventures, with participation from First Block Capital, BlackWood, and othe
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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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