StablecoinX closes its SPAC merger with TLGY and lists on NASDAQ as the first public company built on the Ethena stablecoin ecosystem. StablecoinX has officially closed its business combination with TLGY Acquisition Corp. The combined company marks a key milestone in crypto capital markets. It is now the first publicly traded pure-play stablecoin infrastructure company. […]
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Ethereum has extended its weekly decline as a multi-billion-dollar options expiry, institutional selling, and a hawkish Federal Reserve outlook have driven the token back toward its key $1,500 support. According to data from crypto.news, Ethereum (ETH) fell about 7% to…
On Thursday, Spark and Uniswap revealed the launch of a Stablecoin FX Layer, a shared liquidity infrastructure built on Uniswap v4 designed to enable low-slippage swaps between dollar-pegged stablecoins for institutions, banks, fintechs, and payment providers. $150 Million to Start The initial deployment seeds approximately $150 million in liquidity across two pools on Ethereum mainnet: […]
SharpLink resumes Ethereum buying with a $7.85 million purchase after 8 months, raising its ETH holdings to nearly 876,000 coins. SharpLink has resumed buying Ethereum after an 8-month pause. The company purchased 5,000 ETH, worth about $7.85 million, on Thursday. According to on-chain data shared by EmberCN, the transaction marks SharpLink’s first Ethereum purchase since […]
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The payments company announced on Tuesday native integration with Brazil’s fast payment network Pix, allowing users to purchase and spend USDT with Oobit’s platform. The action targets a market of over 170 million users part of the Pix network. Oobit Expands USDT Rails to Brazil’s Pix Network, targets 170 Million Potential Users Oobit, a payments […]
Invesco filing launches an onchain stablecoin‑reserve fund aiming for a $1 NAV, with effectiveness targeted around Aug 23, 2026. Why tokenized cash is turning into yield.