


United Texas Bank announced that it has received approval from the Office of the Comptroller of the Currency (OCC) to convert its state bank charter into a national bank charter, allowing it to directly access the Federal Reserve payment systems (ACH and Wire) while maintaining FDIC insurance covera...
According to The Block, SoFi's stablecoin SoFiUSD is officially open to App users. This stablecoin is pegged to the US dollar and initially supports the Ethereum and Solana networks, allowing for buying, holding, and exchanging operations.SoFi also plans to launch tokenized deposits with FDIC insura...
Falcon Finance officially announced the joint launch of the USD stablecoin fUSD with Anchorage Digital Bank. This product is positioned as an institutional-grade payment stablecoin compliant with the GENIUS Act framework and has been launched on Ceffu's custody and staking infrastructure.It is repor...
Block's payment application Cash App now supports users in sending and receiving USDC stablecoins issued by Circle on Ethereum, Solana, Polygon, and Arbitrum, with no fees currently charged for related transfers.The stablecoins received by Cash App will be automatically converted to a dollar balance...
The Wall Street Journal published an article pointing out that although the GENIUS Act and the CLARITY Act are promoting the compliance of stablecoins, the essence of stablecoins still belongs to "private currency," which may pose structural risks to the financial system.The article notes that stabl...
The BNB ecosystem decentralized derivatives trading platform StandX has revealed that it may conduct a TGE within the year.It is reported that based on the recently deployed SIP-2 and SIP-3 mechanisms, the protocol currently allocates part of the trading fees to position holders and DUSD holders, wi...