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HYPE price hits new all-time high as Hyperliquid launched manual borrows feature on Friday. Users can use HYPE and Bitcoin collateral to borrow quote assets such as USDC and USDT. Ad Ad Hyperliquid Enables Users to Take USDC and USDT Loans Manual borrows go live on Hyperliquid on September 18. It allows users to borrow
The Layer 1 network’s validator set is permissioned, and Circle has minted 10 billion ARC tokens without committing to publicly launch them.
Global payments firm MoneyGram has launched a stablecoin-backed card that lets users hold a U.S. dollar-denominated...
Circle Internet Group (NYSE:CRCL) launched its Arc blockchain in September, expanding its focus beyond USDC. Arc is being positioned as core infrastructure for institutional blockchain use, with an emphasis on compliance and integration with traditional finance. Founding validators on Arc include BlackRock, DTCC, Mastercard, Visa, ICE, and Standard Chartered. Circle's CEO has described Arc as a potentially larger long term opportunity than USDC, signaling an evolving strategy toward broader...
Scott Melker discusses the SEC easing rules for new token launches for crypto startups, Sony building a dollar stablecoin for PlayStation, the crypto IPO class of 2025 getting wiped out, and other crypto headlines. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's crypto hub to find the latest crypto-related news.
Open USD (OUSD), a new dollar stablecoin backed by more than 140 corporate partners, has launched as a coalition project. The coalition includes financial institutions, crypto firms and at least one major distributor of Circle Internet Group’s USDC (NYSE:CRCL). OUSD is structured so that more interest income from reserves is returned to participants than under the current USDC model. Circle’s CEO has publicly questioned the consortium governance approach used for OUSD, referencing challenges...
Bitcoin News: Circle has launched cirBTC, a 1:1 BTC-backed ERC-20 token now live on Ethereum mainnet, positioning it directly against WBTC’s roughly $9 billion market and approximately 85% market share with a feature its competitors do not offer: real-time on-chain reserve verification with no reliance on third-party attestations. The product ...
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