stablecoin
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JPMorgan CEO Warns Stablecoins Could “Collapse,” Probability of Clarity Act Passing This Year Declines
Svmuu News: JPMorgan CEO Jamie Dimon stated that the U.S. crypto market structure bill, the "Clarity Act," allows crypto companies to offer deposit-like interest returns on products such as stablecoin
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Blockaid: Alephium Ethereum Cross-Chain Bridge Attacked, Approximately $815,000 in Assets Stolen
Svmuu reported that Blockaid disclosed on the X platform that the Alephium TokenBridge Ethereum cross-chain bridge has been attacked. The attacker gained control of 3 out of 4 Guardian keys, forged a
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Zama founder: cUSDC freeze incident triggered by Overnight hack funds, cUSDC and other contracts suspended
Svmuufounder Rand posted on platform X, stating that with the assistance of on-chain detective ZachXBT, the team has identified the root cause of the recent cUSDC freeze incident, which is unrelated t
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Zama responds to cUSDC contract freeze incident: triggered by a related address's compliance mechanism, not targeted sanctions against the protocol
Svmuu reported that privacy computing protocol Zama posted on the X platform stating that Circle's compliance system flagged an external deposit address. Because this address held funds in the cUSDC c
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ZachXBT: Zama cUSDC Contract Frozen Funds May Be Linked to Overnight Finance
Svmuu reports that "on-chain detective" ZachXBT posted on his personal channel, stating that upon further analysis, Circle has blacklisted the cUSDC contract of privacy protocol Zama on Ethereum. An a
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ZachXBT: Circle Blacklists Zama Protocol's cUSDC Contract on Ethereum Chain
Svmuu News “On-chain detective” ZachXBT posted, stating that stablecoin issuer Circle blacklisted the Confidential USDC (cUSDC) contract of privacy protocol Zama on Ethereum approximately 7 hours ago,
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Circle Releases Post-Quantum Security Whitepaper, Plans to Support Post-Quantum Signatures at Arc Mainnet Launch
Svmuureports that Circle has released a "Post-Quantum Security Whitepaper," proposing a phased post-quantum resilience roadmap centered on the long-term security of the Arc blockchain ecosystem. The r
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HYPE has surpassed 65 USDT, with a 24-hour gain of 13.11%
Svmuu News: According to OKX data, HYPE has broken through the 65 USDT mark and is currently trading at 64.946 USDT, with a 24-hour gain of 13.11%.
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Arbitrum Foundation Initiates Funding Request for Approximately $43.5 Million for Next Year's Operations
Svmuu reported that the Arbitrum Foundation has initiated a new funding request to the Arbitrum DAO, planning to secure $16 million in stablecoins, 1,740 ETH, and 230 million ARB tokens, with a total
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Stablecoin payment company NALA announced that it has secured $50 million in credit financing
SvmuuPlanetary News reports that stablecoin payment company NALA has announced that it has secured a $50 million credit line from Liquidity through its joint venture with Japan's Mitsubishi UFJ Bank (
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Gate GUSD Total Minting Surpasses 171 Million, Combined Annualized Yield Reaches 12.68% with Launchpool Rewards
Svmuu reports that according to Gate's official page, the total minting volume of GUSD on the Gate platform has surpassed 171 million, with the current GUSD minting annualized yield at 3.0%. Meanwhile
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Binance Lists QNTXUSDT Pre-IPO Perpetual Contract with up to 20x Leverage
Svmuu News According to an official announcement, Binance will list the QNTXUSDT USDⓈ-M Pre-IPO perpetual contract on May 29, 2026, at 08:15 (UTC). The contract supports up to 20x leverage, with USDT
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Paxos receives SEC clearing agency registration approval
Svmuu reports that blockchain infrastructure platform and stablecoin issuer Paxos has announced that its subsidiary, Paxos Securities Settlement Company, has obtained registration as a clearing agency
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Safeheron and RD Technologies Form Strategic Partnership to Build Bank-Grade Web3 Payment Security Infrastructure
Svmuu reported that Safeheron has announced a strategic partnership with RD Technologies, a Hong Kong-based digital fintech group, to provide underlying security support for its digital wallet and acc
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Texas United Bank has received an upgraded OCC license and will offer U.S. dollar settlement services for cryptocurrencies
Svmuu reported that United Texas Bank announced it has received approval from the Office of the Comptroller of the Currency (OCC) to convert its state bank charter into a national bank charter. This c
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Paxos Subsidiary Receives SEC Clearing License, Becoming the First Blockchain-Native Settlement Institution in the U.S.
SvmuuNews Stablecoin issuer Paxos announced that its subsidiary, Paxos Securities Settlement Company (PSSC), has officially received approval from the U.S. SEC to register as a clearing agency, enabli
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Eightco Discloses Latest Asset Structure: $374 Million in Assets Including Indirect Stake in OpenAI, ETH, and WLD
Svmuu, U.S. listed company Eightco Holdings Inc. has disclosed its latest asset structure as of May 27, 2026, with total holdings of approximately $374 million. The assets include: approximately $90 m
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USDC Treasury mints an additional 250 million USDC on the Solana chain
Svmuu reports: On-chain data shows that at 17:26 Beijing time, the USDC Treasury minted an additional 250 million USDC on the Solana chain.
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Korean Police Establish USDT Money Laundering Task Force, Targeting Money Laundering as an Independent Crime
Svmuu News: The Korean National Police Agency has established a task force specifically targeting cryptocurrency money laundering, led by the head of the Economic Crime Investigation Division. The tas
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Google security engineer arrested and charged with insider trading on Polymarket
Svmuu News Court documents released by the U.S. Attorney's Office for the Southern District of New York reveal that Google security engineer Michele Spagnuolo has been arrested and charged with using
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Block Launches Stablecoin Integration on CashApp
Svmuu reported that Bitcoin News posted on X platform, stating that Block has launched stablecoin integration on CashApp.
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United Texas Bank Converts to National Bank Charter and Launches Crypto Payment Network
Svmuu, Dallas-based United Texas Bank has converted from a Texas state-chartered bank to a national bank approved by the Office of the Comptroller of the Currency, positioning itself as an institution
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Cash App now supports USDC stablecoin transactions on Ethereum and other networks
Svmuu reports that Cash App, the payment application from Block, now allows users to send and receive Circle-issued USDC stablecoins on Ethereum, Solana, Polygon, and Arbitrum. These transfers are cur
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Block's Cash App to Phased Rollout Stablecoin Payment Feature
Svmuu reports that Block's Cash App is gradually rolling out stablecoin payment functionality to its nearly 60 million users. According to sources familiar with the matter, the feature currently cover
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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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