DeFi

Reserve Bank of India leverages currency swaps to absorb excess bank liquidity

The Reserve Bank of India (RBI) has turned to currency swap operations as a strategic tool for draining an unprecedented cash surplus that has...

Former Franklin Templeton executive leads StablecoinX as it expands its Ethena token holdings

Christopher Jensen, who previously headed the digital asset division at Franklin Templeton, has been appointed chief executive of StablecoinX. Jensen brings a decade of...

Visa Integrates Onchain Credit Infrastructure Into Expanding Stablecoin Payment Network

Visa has taken a significant step toward bridging traditional payment rails with decentralized finance by integrating onchain credit capabilities into its growing stablecoin card...

Cronos reverses two hours of activity to mitigate a massive DeFi exploit

In early September the Cronos blockchain faced one of the most significant security breaches in recent DeFi history when an attacker siphoned approximately $111...

Circle strengthens USDC’s global payments dominance with strategic acquisition of Tazapay

The decentralized finance ecosystem continues to expand its influence beyond traditional trading and lending platforms, now making significant inroads into cross-border payments-a sector historically...

Uzbekistan launches pilot for government bond backed stablecoin payments

Uzbekistan’s financial regulators have taken a decisive step toward integrating blockchain technology into the national payments infrastructure by approving a sandbox pilot that will...

Fomo Surpasses Pump.fun in Daily Revenue on Solana Network

The Solana memecoin launchpad landscape witnessed a notable shift on Friday as Fomo generated $1.76 million in daily revenue surpassing Pump.fun which recorded $1.1...

Crypto project funds thousand student loans entirely on chain

Pencil Finance, a decentralized finance platform focused on education financing, announced that it has successfully funded one thousand student loans for learners across Southeast...