Circle, the company behind USD Coin ($USDC), has made Stellar one of its core blockchain deployments for the world’s largest regulated stablecoin. The decision comes down to three concrete factors: Stellar’s sub-5-second transaction finality, fees that cost a fraction of a cent, and a network built from the ground up for cross-border payments rather than
Investment bank Goldman Sachs has teamed up with fund servicing giant Apex Group and digital asset exchange Archax to tokenize real estate, the firms said on Thursday. Infrastructure provider Ownera and real estate investment manager LRC Group are also included in the debut of the blockchain-native real estate fund. The tokenization of real-world assets (RWAs)
Scott Bessent wants you to know this inflation thing is going to blow over. The US Treasury Secretary characterized the recent price surge, driven largely by the ongoing US-Iran conflict, as a “short-term blip” during briefings in late May 2026. That’s a bold claim when inflation just hit 4.5% in April 2026, a nearly three-year
Pleasing Market is replacing LayerZero with Chainlink infrastructure after conducting an extensive security assessment following the recent $292 million exploit targeting Kelp DAO and LayerZero, according to a Wednesday statement. With this move, Pleasing Market has become the latest project to move away from LayerZero in favor of Chainlink. The project joins KelpDAO, Solv Protocol,
The Federal Reserve’s latest Beige Book shows a US economy still expanding, but only modestly, while inflation pressures are becoming harder to ignore. The report, published June 3, said economic activity increased at a slight to moderate pace in ten of the twelve Federal Reserve Districts. One District reported a slight decline, while another reported
Federal Reserve Bank of Dallas President Lorie K. Logan has expressed growing concern that the U.S. may require higher interest rates later this year. Logan cited the slow return of inflation to the Federal Reserve’s 2% target as a primary reason for her apprehension. Despite these concerns, she noted that the U.S. economy remains robust,
Elon Musk’s SpaceX is planning to set a fixed IPO price of $135 per share ahead of its roadshow, according to CNBC, marking an unusual move for a company preparing what could become the largest public listing ever. The company plans to sell 555.6 million shares, implying a $75 billion offering size. At that price,
Anthropic, an artificial intelligence firm, has selected Morgan Stanley and Goldman Sachs as lead underwriters for its anticipated initial public offering (IPO), according to reports from Bloomberg. This development comes as the company was recently valued at $965 billion, surpassing OpenAI’s valuation for the first time. The decision to enlist these high-profile financial institutions indicates
Bitcoin [$BTC] fell by another 3.9% in the last 24 hours, extending its price plunge to a local low of $61.4K. Strategy announced a 32 $BTC sale, the first since 2022. Heavy spot ETF outflows helped drive the price even lower. As expected, this caused a lot of capitulation, especially from short-term holders who bought