Stablecoin issuer Circle on Wednesday expanded the availability of its tokenized money market fund, USYC, to the Solana blockchain. The firm said the token represents shares in a short-duration U.S. government TMMF. USYC can be redeemed for USDC, Circle’s dollar-backed stablecoin, in real-time. The token is also currently available only to non-U.S. institutional investors who
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. It’s safe to say the rush to tokenize trillions of dollars in real-world assets is on. BlackRock, the world’s largest asset manager, pushes further into tokenized funds after its BUIDL fund surpassed
OpenLedger, a blockchain and AI infrastructure platform, has announced a new project, Datanet. OpenLedger Datanet serves as a unique decentralized data ecosystem to address data fragmentation in AI to build trust. As the platform disclosed in its official social X announcement, the initiative endeavors to redefine data contributions into attributable, transparent, and structured networks to
Qitmeer Network, an open blockchain for Shariah-compliant financial inclusion, has partnered with StarSphere, a popular AI creator economy platform. The partnership aims to redefine the creator economy at the intersection of Web3 and artificial intelligence (AI). As Qitmeer Network’s official social media announcement reveals, the collaboration highlights the rising significance of merging AI-led platforms with
SWIFT — the Society for Worldwide Interbank Financial Telecommunication — will be building its recently announced blockchain payment settlement platform on Ethereum layer 2 Linea, Consensys CEO Joe Lubin has confirmed. On Monday, SWIFT revealed that it had tapped Consensys and over 30 TradFi institutions to build infrastructure for a 24/7 real-time crypto payments system
Backpack, a major crypto exchange and wallet recognised for its efficient customer experience and flexibility across multi-assets, enabled a strategic integration into Aptos, a Layer-1 blockchain designed to deliver fast, secure, and scalable DApps (decentralized applications). Aptos announced the development via its X’s social media account. This partnership represents a huge achievement for the wallet
Ripple CTO David Schwartz recently announced he was stepping back from his role as Ripple’s chief technology officer, sparking reactions from the XRP and broader crypto community. An X user, in reaction to Schwartz’s announcement of his resignation, pleaded with the Ripple CTO to “kindly continue working on Coil.” Kindly continue working on “coil” Its
Key Takeaways BlackRock’s BUIDL fund gained $600 million in AUM in just two weeks, primarily on Ethereum. The BUIDL fund is now issued natively on seven major blockchains, including Ethereum, Aptos, Arbitrum, Avalanche, Optimism, Polygon, and Solana. BlackRock’s BUIDL fund has gained $600 million in assets under management over the past two weeks on Ethereum,
The perpetuals race has a new entrant in open beta. Lighter has opened its public mainnet after roughly eight months in private testing, positioning itself as an Ethereum-settled alternative to the current leaders. Under the hood, Lighter is a zk-rollup purpose-built for perps. A centralized sequencer batches orders, but state transitions — price-time-priority matching, liquidations,
Citadel Wallet has unveiled Suiball, the first hardware wallet designed specifically for the Sui blockchain. Summary Suiball uses clear signing to display all transaction details in a human-readable format, reducing the risks of blind signing. The wallet supports native Sui assets such as WAL, DEEP, NS, and NFTs, and integrates with DeFi platforms including Suilend,