Stablecoin
The issuer of stablecoin USDT said its operational profits exceeded $1 billion in Q2 this year.
Ahead of the launch, Binance said it would offer zero maker fees for all FDUSD trading pairs.
The Palau Stablecoin, or “Kluk,” will be minted on XRP Ledger using the Ripple CBDC Platform and will be distributed first to government employees.
MKR looks primed to continue the rally given its recent buyback mechanism and two other key metrics that impact Maker’s price.
The Portugal-based startup also plans to launch a bond token built on the stablecoin platform in the third quarter of 2023.
The crypto-based debit card will allow web3 users to use their stablecoins to pay for products in everyday life.
Techteryx assumed "full management full management of all offshore operations and services related to TUSD," on July 13
The rapidly growing TUSD, favored by crypto exchange Binance, poses risk to the market, according to the crypto research firm.
Circle CEO Jeremy Allaire expressed interest in partnerships in the country, given that new rules governing stablecoins have come into effect.
The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity.
- 03:55NAVI Protocol Leads Sui Ecosystem BTC Lending Market with Over 60% Market ShareAccording to a report by Jinse Finance, data from DefiLlama shows that as of May 4, 2025, the total lending volume of Bitcoin lending platforms has exceeded 2,000 BTC. Among them, the Sui ecosystem DeFi protocol NAVI Protocol holds 1,299.4178 BTC, accounting for 61.79% of the market share, ranking first; Suilend holds 786.9962 BTC, accounting for 37.42% of the market share; Scallop holds 16.6008 BTC, accounting for 0.79% of the market share.
- 03:55Strategist: Any Dovish Signal from the Fed Could Provide Further Support for GoldAccording to a report by Jinse Finance, IG market strategist Yeap Jun Rong stated: "Gold prices started the week with a strong rise as investors returned to safe-haven assets to hedge against portfolio volatility triggered by renewed tariff concerns from U.S. President Donald Trump. Any dovish signals from the Federal Reserve could provide further support for gold, strengthening its overall upward momentum."
- 03:54Arbitrum Cross-Chain Bridge Sees Net Inflow of $277 Million This Week, Leading All ChainsMay 6 news, according to DefiLlama data, in the past 7 days, Arbitrum cross-chain bridge achieved a net inflow of $277.5 million, ranking first among all public chains, followed by Flare ($77.3 million) and Base ($36.65 million). In terms of net outflows, Ethereum, Bera, and Solana saw outflows of $118 million, $47.66 million, and $47.25 million respectively, becoming the top three chains in terms of outflows.