Key Highlights: Standard Chartered expects Ethena’s $USDe supply to reach $40 billion as the stablecoin expands beyond its traditional crypto basis trade. Ethena’s fee switch directs 95% of net revenue toward $ENA buybacks after specified $USDe supply milestones are reached. The bank forecasts the tokenized-asset market will grow from about $350 billion to $4 trillion ...
Key Highlights: Perpetual futures can launch when reliable oracles and willing counterparties are available, without traditional exchange listings. Hyperliquid’s HIP-3 and HIP-4 frameworks expand access to permissionless derivatives and liquidity. RWA perpetual futures reached a $1.4 trillion annualized run-rate in July and accounted for half of Hyperliquid’s order book. Permissionless Perpetual Futures Expand Onchain Markets ...
Key Highlights The XRP Ledger’s Batch upgrade, originally slated for Sept. 29 activation, has been delayed by at least 10 days after validator support temporarily dropped below the required threshold. The corrected amendment, BatchV1_1, regained support from 30 of 35 trusted validators on Sept. 25, initiating a new two-week countdown targeting an Oct. 9 activation ...
Key Highlights Circle minted approximately $500 million USDC on the Solana blockchain within a six-hour window, signaling strong stablecoin demand. The minting activity was flagged by on-chain analyst @SolanaFloor and coincides with Solana’s expanding role in tokenized finance and DeFi. Increased USDC supply on Solana is expected to boost network liquiduity, potentially influencing trading volumes ...
Key Highlights Frax Finance integrates frxUSD as the foundational stablecoin for Gearbox Protocol’s new real-world asset (RWA) leverage market, targeting institutional liquidity. The collaboration creates a one-click automated solution for DeFi users to gain leveraged exposure to RWAs, bridging traditional finance mechanisms with decentralized infrastructure. Market observers are monitoring frxUSD adoption rates and liquidity dynamics ...
Key Highlights S&P Global has entered a definitive agreement to acquire OpenZeppelin, a leading smart contract security and auditing firm widely used across Ethereum and DeFi ecosystems. Financial terms of the acquisition were not disclosed, and the transaction remains subject to customary closing conditions. The deal signals a strategic convergence of traditional financial risk analytics ...
Key Highlights Stellar activated Protocol 28 on Sept. 17 following a scheduled mainnet upgrade vote, introducing CAP-85 and CAP-86 to streamline smart contract management and data migration for Soroban developers. The network recorded a sustained throughput of over 211 transactions per second across 100 consecutive blocks — its highest on record — though Chainspect analysis ...
Deutsche Bank Prepares Digital Asset Custody Launch for European Institutions Deutsche Bank is advancing into digital assets with plans to offer custody services to institutional and corporate clients across Europe later this year. The bank will hold wallets and private keys, enabling clients to safeguard and transfer Bitcoin (BTC), Ether (ETH), USD Coin (USDC), EURC, ...
Proposed XRPL Sponsor Amendment Could Shift $XRP Costs From Consumers to Institutions A proposed upgrade to the XRP Ledger (XRPL) would allow banks and fintech companies to absorb $XRP transaction fees and account reserves on behalf of their customers, potentially removing a significant friction point for mainstream adoption. Known as the Sponsor amendment and based ...
Ethereum’s Layer-1 network achieved fresh usage milestones in the second quarter of 2026, even as the count of monthly active users contracted sharply. According to Token Terminal data, the blockchain processed 203.9 million transactions during the quarter, representing a 68.4% increase year-over-year. Average throughput also hit a record high of 25.9 transactions per second. Transaction ...
Robinhood’s Tenev and AMC’s Aron Clash Over Synthetic Equity Products A public disagreement between Robinhood Markets CEO Vlad Tenev and AMC Entertainment CEO Adam Aron highlights a growing tension in financial markets over how traditional stocks are represented on blockchain networks. The dispute centers on whether companies should control financial products that reference their shares ...
Fidelity Digital Assets Renews Institutional Push for Fidelity Digital Dollar ($FIDD) Fidelity Digital Assets reinforced its institutional strategy for the Fidelity Digital Dollar ($FIDD) on September 9, positioning the Ethereum-based stablecoin for payments, settlement, and tokenized markets. The company’s public dashboard showed approximately 50.09 million $FIDD outstanding, giving the token a market capitalization of about ...