Holders of NUSD and sNUSD tokens can now exchange their holdings for USDC through an official portal, following a liquidity crisis that froze the protocol in August. On-chain data from the newly deployed redemption contract indicates a payout rate of 0.51, effectively valuing each dollar-pegged token at roughly half its intended price.
Galaxy has officially entered the Solana lending ecosystem, launching two curated stablecoin vaults on the Kamino protocol. The move marks a strategic expansion of Galaxy Curation, applying institutional-grade risk management and collateral standards to USDC and USDT strategies while bypassing the need for traditional institutional operating models.
XRP Ledger developers released xrpld version 3.4.0 on September 16, introducing two significant amendment packages aimed at refining native lending functions and hardening transaction paths. While the update provides the necessary code for these changes, server operators are currently urged to upgrade to maintain network continuity and security.
Coinbase has entered a strategic partnership with financial technology provider Stablecore to integrate cryptocurrency trading, custody, and stablecoin payments directly into the digital infrastructure of more than 3,000 U.S. banks and credit unions, allowing local institutions to offer digital asset services without overhauling their existing technology stacks.
WisdomTree and MoonPay have unveiled a partnership to integrate the tokenized WTGXX Treasury money market fund into MoonPay’s infrastructure. The collaboration aims to create a new access point for eligible U.S. investors while positioning the fund as a potential reserve asset for stablecoin issuers managed through MoonPay.
BitGo has appointed Alex Rozman as chief compliance officer, effective September 21, tasking the veteran strategist with overseeing enterprise-wide financial crime and regulatory programs as the firm deepens its institutional footprint following its transition to a publicly traded national trust bank.
World debuted its self-custody financial application, World Money, on September 17, providing users across more than 150 countries with a suite of tools including stablecoin balances, digital asset trading, and yield-generating programs. The launch marks a shift in the project’s infrastructure, decoupling financial services from its primary identity verification platform.
The U.S. Treasury Department blacklisted the Iran-based crypto exchange BitBank on September 17, accusing the platform of facilitating hundreds of millions of dollars in Bitcoin transfers to the Islamic Revolutionary Guard Corps. The action marks a significant escalation in the government’s ongoing effort to dismantle Iranian financial networks.
The North American Derivatives Exchange (Nadex), a subsidiary now operating under the Crypto.com ecosystem, has cleared a regulatory hurdle by filing a Form 1-N with the SEC. This move allows the exchange to register as a national securities exchange specifically for trading security futures products in the United States.
XRP has retreated below the $1.30 threshold, shedding 7.3% on Tuesday as investors grapple with a hefty $81 billion market valuation and shifting U.S. macroeconomic conditions. The decline marks a 23% drop from recent highs, fueled by cooling sentiment and the failure of key federal crypto legislation.
The Senate’s failure to secure the 60 votes required to advance the CLARITY Act has left the crypto industry in a state of regulatory limbo. The 50-49 vote, which fell short of the threshold to initiate formal debate, effectively delays the establishment of a long-sought federal market structure framework.
Users can now execute complex transactions on the Sui blockchain with a single digital signature, bypassing the traditional hurdles of manual bridging, wallet switching, and native gas management. Aurora Labs integrated its Intents Connect service to bundle cross-chain transfers with final on-chain actions like lending or staking.
Autonomous financial agents are poised to overwhelm Layer 1 networks as they move beyond human-speed limitations, according to Avalanche Treasury Co. CEO Bart Smith. He argues that the assumption of infinite block space will vanish once automated systems begin executing continuous, around-the-clock trading, forcing a reckoning for major blockchains.
StablecoinX has finalized a waiver with the Ethena Foundation to terminate a four-year lock-up on its ENA holdings starting October 5. While the agreement removes vesting restrictions, the company remains subject to strict oversight regarding how it sells or transfers its 3-billion-token treasury stash.
AI-linked cryptocurrency tokens surged 9.4% in market value over 24 hours, even as King Charles III hosted executives from Nvidia, OpenAI, and Google DeepMind at Dumfries House to discuss the safety and development principles of artificial intelligence.
The Commodity Futures Trading Commission has issued a no-action letter allowing developers of passive software to connect users to regulated derivatives markets without registering as introducing brokers. This conditional relief aims to clarify the compliance path for wallet and interface providers operating within the U.S. derivatives ecosystem.
CleanSpark shares climbed 4.73% to close at $13.40 following the company's announcement of a proposed $2.227 billion senior secured notes offering. The capital is earmarked for the construction of the firm’s Sandersville data center in Georgia, a project central to its shift toward high-performance computing infrastructure.
A massive $19 billion liquidation event in October 2025 forced a structural pivot in decentralized finance, driving traders away from pure crypto volatility toward real-world assets. In just nine months, monthly volume for RWA futures exploded 142-fold, reaching $107.6 billion and effectively pulling even with traditional crypto derivatives.
The Genius Foundation has launched Genius.fun on the BNB Chain, a platform designed to let crypto communities pool capital into tokenized public company shares. By pairing community tokens with real-world equities, the project aims to shift online groups from meme-based trading toward organized corporate ownership and activist shareholder campaigns.
Bitcoin retreated toward $76,051 after a brief climb to $76,800, hindered by labor market data that solidified expectations for continued Federal Reserve interest rate hikes. Initial jobless claims dropped to 196,000, significantly undershooting the 207,000 forecast and signaling a resilience that complicates the case for easier monetary policy.
S&P Global has entered into an agreement to acquire OpenZeppelin, a move designed to bolster the financial giant’s capabilities in smart contract security and onchain risk assessment. The acquisition integrates OpenZeppelin’s expertise into S&P Global’s expanding digital asset division as institutional interest in tokenized markets grows.
The U.S. Securities and Exchange Commission has granted tokenized securities venues a five-year conditional exemption to facilitate the trading of tokenized National Market System stocks. This regulatory pathway allows platforms to utilize permissioned automated market makers while mandating that digital tokens provide holders with the same legal rights as traditional shareholders.
Seven Senate Democrats have reopened negotiations over the Digital Asset Market CLARITY Act just days after the chamber rejected a motion to proceed. Despite the 49-50 vote leaving the bill short of the 60-vote threshold, the group insists the effort is not dead, even as broader legislative gridlock persists.
After Bitcoin surged past $80,000 despite legislative uncertainty, Bitwise Chief Investment Officer Matt Hougan has recalibrated his stance on the failed CLARITY Act. He now characterizes the Senate’s recent rejection of the crypto market structure bill as a mere speed bump rather than the precursor to a prolonged market winter.
France’s Council of State has denied an emergency request from cryptocurrency firms Bull Bitcoin and Paymium to suspend the national implementation of the EU’s DAC8 tax reporting decree. The court ruled that the companies failed to demonstrate an urgent need to freeze the measure while a broader legal challenge remains pending.
Eirik Grøttum, the chief executive of H100 Group, has increased his personal stake in the firm by acquiring over 407,000 shares for SEK 621,887. The transaction comes as the company maintains its current treasury position of 3,506.4 Bitcoin, following a significant acquisition that restructured its balance sheet earlier this year.
British financial regulators, alongside the Metropolitan Police and HMRC, raided three London sites on September 10 to shutter illegal peer-to-peer crypto operations. The action marks an intensifying crackdown on unregistered digital asset businesses that currently lack any legal standing to facilitate commercial trading within the United Kingdom.
Confidential liquidity on the NEAR protocol has breached the $70 million threshold, automatically initiating the first snapshot for the NEAR@3.33 incentive program. This milestone unlocks 333,333 tokens for qualified participants, marking a shift toward privacy-focused execution as a standard requirement for cross-chain decentralized finance.
A New York federal judge has rejected an attempt by Susquehanna to freeze nearly $100 million in assets held by dozens of traders. The court ruled that the market maker failed to prove that the defendants were likely to hide funds or that the underlying insider trading claims would succeed.
Following a successful $20,000 corporate transfer between its U.S. and Mexican subsidiaries, Hyundai Card is shifting its focus toward proving that blockchain-based stablecoin infrastructure can handle high-volume, repeatable treasury operations. The company has yet to set a timeline for a full-scale commercial rollout of the payment model.
