Short News

STBL Launches USST Stablecoin on Stellar as Institutions Chase Real-World Asset Liquidity

STBL has launched USST, an institutional-grade stablecoin backed by real-world assets (RWAs), on the Stellar network. The launch, announced July 1 and shared with...

Strategy and Strive drive June Bitcoin purchases with 6,989 BTC from preferred equity proceeds

The use of preferred equity for Bitcoin purchases by Strategy and Strive highlights innovative financing strategies amid tightening supply. Strategy and Strive drive June...

Spark powers Robinhood’s USDG stablecoin savings product launch

Robinhood's integration of DeFi with regulated finance could drive mainstream adoption, but users must navigate inherent risks in yield products. Spark powers Robinhood's USDG...

Tradeweb executes real-time tokenized US Treasury transaction on Canton Network

Franklin Templeton transferred a tokenized US Treasury to Virtu Financial in what Tradeweb said was the first real-time transaction settled against USDCx.Source: Read the...

Venice AI Valued at $1 Billion as Erik Voorhees Makes the Case for Private ChatGPT Rivals

Venice reached a $1 billion valuation as founder Erik Voorhees argued AI companies should protect users' conversations.Source: Read the original article

Empery Digital considers selling Bitcoin to fund $65M AI data center project

Empery's pivot from Bitcoin to AI infrastructure highlights shifting investment strategies, emphasizing the growing importance of AI data centers. Empery Digital considers selling Bitcoin...

Circle CEO says Open USD must break USDC’s network effect before its 140 backers matter

Allaire says the stablecoin fight will hinge on liquidity, integrations and regulated usage once OUSD goes live.Source: Read the original article

Ethena partners with Robinhood to launch product suite on Robinhood Chain

This partnership could significantly enhance retail access to decentralized finance, potentially reshaping traditional financial ecosystems. Ethena partners with Robinhood to launch product suite on...