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Hong Kong joins forces with 9 countries and regions to crack down on cross-border fraud and money laundering, detaining over 3,000 people, with some illicit funds converted into stablecoins
According to monitoring by the Hong Kong SAR Government Press Release, Hong Kong police announced a joint operation with law enforcement agencies from nine countries and regions, including Singapore,
21/05/2026 05:12
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Bipartisan lawmakers reintroduce PARITY Act, proposing IRS review of tax exemption for small transactions
Svmuu reports that bipartisan U.S. lawmakers on Wednesday reintroduced a revised version of the crypto tax bill, the "Digital Asset Protection, Regulation, Innovation, Taxation, and Yield Act," known
20/05/2026 20:51
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Dragonfly Partner: Hyperliquid's Order Book Model Can't Solve RWA Liquidity Issues, Variational's RFQ Model Can
Svmuu: Dragonfly partner Haseeb Qureshi stated on X that the Central Limit Order Book (CLOB) model cannot solve the liquidity problem of RWA assets. Hyperliquid has indeed mastered the liquidity of a
20/05/2026 20:36
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Kik founder's Flipcash launches stablecoin USDF on Coinbase platform
SvmuuNews: Flipcash, an app created by Kik founder Ted Livingston, has launched a native stablecoin USDF on Solana, based on Coinbase's "Stablecoin as a Service" platform. According to reports, USDF i
20/05/2026 20:26
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Solana-based custom stablecoin USDF is now live
Svmuu reported that USDF, a custom stablecoin on the Solana blockchain jointly launched by Coinbase and Flipcash, has gone live. It is part of the "Custom Stablecoins" initiative, enabling businesses
20/05/2026 11:54
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Gate Founder and CEO Dr. Han: Regulatory Clarity and TradFi Integration Emerging as Key Trends
Svmuu reports, In a recent video interview with Cointelegraph, Gate Founder and CEO Dr. Han stated that the crypto industry is transitioning from a primarily speculation-driven market towards a phase
20/05/2026 10:37
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MoneyGram Becomes Core Verification Node for Tempo Cross-Border Remittances, Jointly Building a Stablecoin Cross-Border Payment Network
Svmuu News: Global payments giant MoneyGram has announced a strategic partnership with Layer 1 blockchain Tempo, becoming its core cross-border remittance verification node (Anchor Remittance Validato
20/05/2026 10:02
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Catena Labs Secures $30 Million Series A Funding with Participation from a16z Crypto
Svmuu reports that Catena Labs, an AI financial infrastructure company founded by Sean Neville, co-founder of stablecoin issuer Circle, has announced the completion of a $30 million Series A funding r
20/05/2026 08:02
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Svmuu Evening Brief
1. Goldman Sachs sells over $100 million XRP, $500 million ETH, and $450 million BTC, buying HYPE; 2. BIT: HYPE has risen over 100% from its 2026 low, mainly due to trading in asset contracts outside
20/05/2026 07:30
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German company AllUnity plans to launch a Swedish Krona stablecoin and introduce AI agent payments
Svmuu reported that German stablecoin startup AllUnity, a joint venture supported by DWS, Flow Traders, and Galaxy Digital (GLXY), plans to launch a stablecoin backed by the Swedish Krona. It will als
20/05/2026 05:45
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Binance Research: Illicit Crypto Transaction Volume Accounts for Less Than 1% of Total Volume
Svmuu reports that according to Binance Research, illicit cryptocurrency transaction volume accounts for less than 1% of total transaction volume. Over $75 billion in illicit cryptocurrencies is curre
20/05/2026 04:34
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stablecoin supply reaches an all-time high, surpassing $323 billion
Svmuu reports that DefiLlama data shows the stablecoin supply has reached an all-time high, exceeding $323 billion.
20/05/2026 03:52
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Stablecoin total supply surpasses $300 billion, but overall growth slows
Svmuu reports that data shows the total supply of stablecoins has exceeded $300 billion, but the overall growth has notably decelerated. Over the past month, the supply of Tether's USDT increased by m
19/05/2026 17:18
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Checker, a stablecoin infrastructure company, completed an $8 million funding round with participation from Galaxy Ventures and others.
Svmuu reports that Checker, a stablecoin infrastructure startup, announced the completion of $8 million in pre-seed and seed funding. Participants include Galaxy Ventures, Al Mada Ventures, Framework
19/05/2026 12:01
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Crypto companies pause IPO plans amid declining trading volumes and AI-driven reshaping of the tech market
Svmuu News: Due to weak trading volumes and macro pressures weighing on valuations, crypto companies are pausing their long-awaited IPO plans. Hardware wallet manufacturer Ledger and MetaMask develope
19/05/2026 10:43
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Tether files trademark applications for its company name and logo in South Korea
According to South Korea's KIPRIS (Korea Patent Information Retrieval Service), Tether recently filed seven trademark applications in South Korea, including the "tether" logo and the gold-backed stabl
19/05/2026 08:02
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Svmuu Evening Brief
1. Canaan Inc. reported Q1 revenue of $62.7 million, with Q2 revenue expected to range between $35 million and $45 million; 2. Japan's Financial Services Agency officially designated specific foreign-
19/05/2026 07:30
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Japan’s Financial Services Agency Officially Designates Specific Foreign-Issued Stablecoins as Electronic Payment Methods, Effective June 1
Svmuureports that on May 19, Japan's Financial Services Agency (FSA) published the revised "Cabinet Office Ordinance on Electronic Payment Means and Related Business Operators," which explicitly recog
19/05/2026 06:27
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France risks missing the wave of AI agents and stablecoin payments: Experts say tax system needs adjustment within 6 months to avoid being marginalized
Svmuu News: An opinion piece published in the French media *Le Monde* points out that France may have only about 6 months to seize the new wave of industrial revolution led by "agentic AI". Otherwise,
18/05/2026 23:41
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Swan Bitcoin faces nearly $1 billion lawsuit over Prime Trust collapse, accused of using insider information to transfer assets early
Svmuu News: Bitcoin financial services company Swan Bitcoin (along with its operating entity Electric Solidus Inc. named as defendants) is facing a lawsuit filed in the U.S. Bankruptcy Court for the D
18/05/2026 21:42
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Zerohash Secures European EMI License, Expanding Compliance Capabilities for Stablecoin and Broker Services
SvmuuCrypto infrastructure service provider Zerohash Europe has obtained an Electronic Money Institution (EMI) license from the Dutch Central Bank, becoming the first company to hold both an EU MiCA c
18/05/2026 17:23
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Tempo Integrates DeFi Lending Market Morpho
Svmuu reported that Tempo has announced the integration of the DeFi lending market Morpho, bringing a $7.5 billion lending market to its network. The project's main business is to provide fintech comp
18/05/2026 12:30
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Tether invests in LemFi
Svmuu reported that Tether has announced an investment in the financial platform LemFi. The investment aims to support LemFi in integrating USDT as a settlement layer across its key corridors, enablin
18/05/2026 08:02
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Standard Chartered: Estimates Tokenized On-Chain Assets to Reach $4 Trillion by End of 2028
Svmuureports that Standard Chartered expects the market capitalization of tokenized on-chain assets to reach $4 trillion by the end of 2028, split evenly between stablecoins and real-world assets. Geo
18/05/2026 08:01
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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
22/06/2026 09:40
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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
22/06/2026 03:25
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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
20/06/2026 21:30
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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
20/06/2026 10:22
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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
20/06/2026 08:25
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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
20/06/2026 07:01
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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
19/06/2026 20:10
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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
19/06/2026 08:03
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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
19/06/2026 03:13
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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
18/06/2026 23:58
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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
18/06/2026 20:09
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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
18/06/2026 07:54
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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
18/06/2026 05:06
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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
17/06/2026 10:22
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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
17/06/2026 09:01
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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
17/06/2026 00:01
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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
16/06/2026 23:03
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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
16/06/2026 22:55
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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
16/06/2026 21:59
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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
16/06/2026 17:58
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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
16/06/2026 17:48
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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.
16/06/2026 07:24
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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
16/06/2026 00:59
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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 $
15/06/2026 20:18
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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.
21/06/2026 15:57
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