Pendle’s new USDC vault on the Morpho lending protocol has vacuumed up 50 million USDC from 230 depositors in roughly a week and a half. For a vault that launched on August 4, that’s the kind of traction most DeFi products spend months hoping for.
The vault, co-curated with Armitage (Wintermute’s vault curation arm), quickly became the largest vault Armitage has ever managed. It funnels stablecoin deposits into Principal Token collateral markets on Morpho, solving a problem that’s quietly plagued Pendle’s ecosystem: there simply wasn’t enough liquidity on the borrowing side of PT-backed markets.
From zero to $50M in ten days The growth trajectory tells the story. Shortly after launch, deposits sat around $15 million. Within two days, that figure hit $25 million. By August 21, it crossed $35 million.
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Now, at roughly the 1.5-week mark, the vault holds $50 million from 230 individual depositors. That’s an average deposit north of $217K, suggesting this isn’t retail tourists chasing yield. It’s larger allocators who’ve done the math.
Nearly all of the capital, approximately 99.7%, flows into a single market: PT-reUSD/USDC.
The yield equation Depositors aren’t parking stablecoins out of charity. The vault distributes 7,500 PENDLE tokens per week as rewards on top of the base lending yield.
Early APY figures painted an attractive picture: 14.08% net yield, broken down as 4.75% base yield plus 9.32% from token rewards. More recent figures have settled into a range of roughly 7.15% to 7.88%, which makes sense as the denominator (total deposits) has grown significantly while the weekly token distribution has stayed constant.
Why this matters for Pendle and Morpho Pendle has carved out a niche as DeFi’s primary marketplace for trading future yield. Users can split yield-bearing assets into Principal Tokens (representing the underlying value at maturity) and Yield Tokens (representing the stream of income). Before this vault launched, borrowers who wanted to use PT as collateral on Morpho faced thin liquidity. Lenders weren’t showing up in sufficient numbers, which meant borrowing rates were volatile and capacity was limited. The vault acts as a coordinated supply-side solution, aggregating lender capital and directing it precisely where borrowers need it.
For Morpho, the success validates its modular lending architecture. Unlike monolithic lending protocols where governance committees decide every parameter, Morpho allows curators like Armitage to build targeted vaults with specific risk profiles and allocation strategies.
The partnership with Armitage, Wintermute’s curation division, also adds a layer of institutional credibility. Wintermute is one of crypto’s largest market makers, and having its vault curation arm involved signals that serious players see commercial opportunity in PT-backed lending markets.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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USDT added roughly 1.6 million new holders over the past week, dwarfing USDC’s 591,100 new holders during the same stretch. That’s a nearly 3-to-1 ratio, and it tells you everything about where stablecoin adoption is actually happening right now.
The numbers land at a moment when the broader stablecoin market has cooled from its May 2026 peak. Yet Tether’s user base keeps expanding like it didn’t get the memo. The company’s cumulative holder count crossed 650 million by the end of Q2 2026, with quarterly additions consistently topping 30 million users.
The scale gap keeps widening Tether’s market cap sits at approximately $183 billion as of mid-August 2026. USDC, by comparison, ranges between $72 billion and $74 billion. Put differently, USDT is about 2.5 times larger than its closest competitor by total supply.
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Tether’s financial position helps explain the confidence. The company posted approximately $1.5 billion in net operating profit for Q2 2026, backed by excess reserves of around $4.1 billion.
As of June 30, 2026, USDT in circulation stood at roughly 184.6 billion tokens.
Where each stablecoin wins USDC has frequently led in on-chain transaction volume metrics, meaning the tokens that do exist tend to move around more actively. That’s partly a function of its deep integration with DeFi protocols and its reputation as the “compliance-first” stablecoin. Institutional desks and regulated platforms often prefer USDC precisely because it plays well with auditors and regulators.
Europe’s MiCA framework has given USDC an additional edge in certain jurisdictions. Several European exchanges have tilted toward MiCA-compliant tokens, which has created favorable conditions for Circle’s stablecoin in that region.
Tether’s strength runs in a different direction entirely. Its growth is disproportionately concentrated in emerging markets, where users care less about regulatory pedigree and more about access to dollar-denominated liquidity. In countries dealing with currency instability or limited banking infrastructure, USDT functions as a parallel financial system.
What the growth means for the market The fact that this growth continues even as the overall stablecoin market contracts from its May 2026 highs is noteworthy. Total stablecoin supply may have pulled back, but the number of people using these tokens keeps climbing.
Tether’s $4.1 billion in excess reserves provides a buffer against the kind of crisis that could theoretically shake user confidence, and represents a direct counter to the “is Tether really backed?” narrative that dogged the company for years.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Cathie Wood has kept buying Circle as the stock fell 42% in a year. On Sunday she said why. Wall Street analysts who built their careers on Visa and Mastercard, she argued, cannot understand the company.
Circle issues USDC, a digital dollar backed by cash and short-term US government debt. Wood runs ARK Invest, and Circle is now the biggest crypto bet in her flagship fund.
Wood’s Case Against the AnalystsWood was replying to a chart built from Artemis data, where analyst Alex Obchakevich indicated that the market was changing its mind about who actually earns money on stablecoins.
Visa, MAstercar and Circle 1-year Performance. Source: Alex on X via ArtemisIt tracked the three payment firms over a year. Visa was up about 5%, Mastercard about 1%. Circle was down 42%.
Though CRCL has appreciated 84% since its IPO, this one-year chart illustrates the inefficiency of public equity markets in the short term. Many financial services analysts have built their long-term track records off of $V and $MA and cannot fathom Circle, the disrupter,” Wood challenged.
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She then reached for history. Mastercard is up roughly 150 times since it listed, she said, and Visa roughly 33 times.
Analysts who told clients to buy those dips looked brilliant. Technology, not analyst skill, is now rewriting payments, and Circle should gain.
Since they went public in 2006 and 2008, respectively, $MA and $V have appreciated ~150X and ~33X, rewarding analysts who recommended “buy the dip”. Now technology—not what these analysts do—is disrupting the traditional world order. $CRCL should be a prime beneficiary.
— Cathie Wood (@CathieDWood) August 23, 2026
Her History Lesson Holds Up, But One Number Does NotBoth multiples survive a check. Mastercard priced its 2006 float at $39 a share. It later split its stock 10 ways, so that entry is worth $3.90 in today’s money. Against Friday’s close of $580.63, that is 149 times.
Visa sold shares at $44 in March 2008 and split them four ways in 2015, an adjusted $11. At $371.04 on Friday, that is 34 times. Wood’s arithmetic is sound.
Her Circle figure is not. Circle priced its June 2025 float at $31. The stock closed Friday at $87.98. That is a gain of about 184%, not 84%.
Circle (CRCL), Mastercard (MA) and Visa (V) Stock Prices at Friday’s Close. Source: TradingViewWall Street Cannot Agree What Circle Is WorthThe sell side is not ignoring Circle, which weakens her framing. Of 21 analysts covering it, 11 call it a strong buy and two a buy. Five say hold. Three say sell.
Circle Internet Group, Inc. Class A (CRCL) Stock Forecast & Price Target. Source: TipRanksTheir price targets are stranger still. The most bullish is $173. The most bearish is $37. That is a 4.7-fold gap on the same company on the same day. The average sits at $98.61.
Analysts covering a mature payment network do not disagree by that much. On Circle they have no shared method. Much of its money comes from interest on reserves, which shrinks when rates fall. The rest rides on how fast digital dollars get used.
The accounts show that split. Revenue grew about 37% and the company is profitable after a Q2 earnings surprise in early August. Its market value still fell 30%.
Competition muddies it further. Circle is building a four-layer financial stack on its Arc blockchain. Open USD, a rival stablecoin consortium of more than 140 firms, wants the same rails.
Wood is not hedging. ARK’s flagship fund held 3,931,968 Circle shares on Friday, worth $329 million and 5.14% of the portfolio. That beats its Coinbase stake. She may be proved right. For now her money says what the $37 and $243 targets say. Nobody has settled what Circle is.
DeFi fixed-rate lending protocol Term Finance’s vault fell victim to a governance attack, with blockchain security firms PeckShield and CertiK estimating losses of roughly $8.5 million. The attacker allegedly transferred approximately 2,843 ETH and $1.68 million in USDC, converting the USDC to DAI. The attack targeted Term Strategy Vaults built on the Yearn V3 architecture, though Yearn clarified the vulnerability stemmed from Term’s custom governance mechanism deployed on the vaults’ outer layer—standard Yearn vaults were not impacted. Notably, Term’s vault governance transactions originally featured a 7-day timelock and allowed LP votes to veto changes, but these protective measures failed to prevent the attack. Prior to the incident, Term’s vaults held a total value locked (TVL) of around $12.45 million; the loss accounts for roughly 68% of the vaults’ total TVL. Term Labs is still investigating the specific attack path.
TLDR: Term Labs confirmed a governance exploit that security firms estimate drained roughly $8.5M from its vaults. PeckShield traced 2,843 ETH worth about $6.87M and 1.68M USDC, later swapped into roughly 1.68M DAI. Term’s vault governance uses a Gnosis Safe, Zodiac Delay Module and seven-day timelock with DAO veto rights. DeFiLlama showed $10.87M in TermFinance Vault TVL before the exploit, including about $7.23M on Ethereum. Term Labs is investigating a governance exploit that security firms estimate drained about $8.5 million from Term Finance vaults on Aug. 23. The incident shifted attention from smart-contract code toward the governance controls protecting the protocol’s vaults and assets.
CertiK identified an attacker-controlled address holding about 2,843 ETH and roughly $1.6 million in DAI after the exploit. PeckShield estimated the attacker removed 2,843 ETH, worth about $6.87 million, alongside 1.68 million USDC from the affected system.
Term Labs Suffers $8.5M Governance Exploit Affecting Vaults
DeFi lending protocol @term_labs suffered a governance exploit affecting its vaults. According to PeckShieldAlert and CertiK Alert, the attack resulted in losses of about $8.5 million, with the exploiter holding… pic.twitter.com/yhAHbCN95d
— Wu Blockchain (@WuBlockchain) August 23, 2026
The USDC was later exchanged for roughly 1.68 million DAI, while the attack was initially funded with 2 ETH from Tornado Cash. Term Labs confirmed that a governance exploit affected its vaults, but it had not released a complete postmortem by Aug. 23.
Consequently, the attack sequence, affected vaults, and method used to defeat governance protections remained unconfirmed.
Term Vault Governance Controls Face Scrutiny After $8.5M Exploit The incident differs from a conventional contract failure as early security reports identify governance as the apparent route to vault assets. That distinction places Term Finance’s control structure under examination as investigators determine how the attacker reached protected funds.
Term’s documentation assigns separate manager sand governor roles, with governance actions passing through a Gnosis Safe and Zodiac Delay Module. Those actions also face a seven-day timelock before execution, creating a window for changes to be reviewed.
Vault liquidity providers are described as DAO participants with authority to veto proposals during that delay. According to the documentation, a successful veto can invalidate a queued transaction before execution, adding protection.
However, Term Labs had not confirmed whether voting influence, a permissions issue, configuration failure, or another governance path caused the breach. Without that postmortem, evidence does not establish which safeguard failed or whether the documented controls operated as designed.
Vault Design, TVL and Recovery Questions Remain Unresolved Term Finance provides non-custodial, fixed-rate, overcollateralized lending modeled on traditional repurchase agreements and matches borrowers with lenders through sealed-bid auctions. Lenders receive repo tokens representing principal and interest claims at maturity, while Strategy Vaults automate participation and liquidity management.
The vaults use Yearn V3’s ERC-4626 infrastructure alongside custom logic for auctions, portfolio limits, reserves, and maturity controls. Therefore, evidence does not establish a vulnerability in Yearn V3 or Ethereum.
Instead, scrutiny remains focused on the permissions and governance layer surrounding Term’s vault implementation. Before the exploit, DeFiLlama listed TermFinance Vaults with about $10.87 million in TVL, including $7.23 million on Ethereum.
However, that figure excludes capital deployed into Term repo tokens to prevent double-counting, making comparison with the $8.5 million estimate unreliable. Term Labs had not announced a recovery plan, reimbursement framework, or confirmed total user losses at the time of writing.
It also had not disclosed whether deposits, withdrawals, governance functions, or specific vaults had been paused after the incident. The attacker-controlled wallet remains a tracing focus, although Tornado Cash funding alone does not identify the attacker.
For depositors, the next disclosures must clarify the malicious governance transactions, affected contracts, proposal timing, and timelock activity. Those details will determine whether the incident involved governance capture, faulty permissions, or another implementation failure within Term Finance’s vault controls.
Base ecosystem token POD surges over 23.7%, market cap surpasses $264 million
According to GMGN monitoring, Base ecosystem token POD (dphn.ai) recorded a sharp 23.7% rebound today, with its price surging over 45% in the past three days, pushing its market capitalization above $264 million. Yesterday, Coinbase added BASECAT, DRB, POD and GRASS to its asset listing roadmap. BlockBeats reminds users that token prices are highly volatile, so investment requires caution.
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The altcoin market maintains its upward momentum, with AAVE surging past $130, while ZRO, DGB, STX, and PUMP lead the gains.
According to HTX market data, the altcoin market maintained its upward trend over the weekend, with multiple tokens posting strong gains. Top performers include: ZRO up 20.40% in 24 hours, trading at $1.198; DGB rose 18.47% in the same period, at $0.00494; STX gained 16.24%, priced at $0.2341; PUMP jumped 15.67% to $0.005314; FF added 14.18%, trading at $0.08578; ENA up 11.68%, now at $0.1760; ETHFI rose 9.27%, at $0.6374; MORPHO gained 8.47%, priced at $2.433; PENDLE up 7.25%, trading at $1.775; YB added 7.09%, at $0.0967; SAGA jumped 6.71%, now at $0.01527; XPL rose 6.65%, priced at $0.10437; BOME gained 6.33%, trading at $0.0012187; AAVE up 5.53%, at $132.6.
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Michael Saylor: The most remarkable breakthrough of Bitcoin is the conversion of economic resources into digital form.
MicroStrategy founder Michael Saylor said Bitcoin’s most remarkable breakthrough lies in its ability to convert economic resources into digital form and securely link them to individuals, households, companies, machines, or nations.
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Tom Lee: Next week could be a pivotal window for the direction of US stocks, with the return of AI sector confidence as the key factor, and remarks from Jensen Huang and the Federal Reserve as two major variables.
BitMine Chairman Tom Lee told CNBC that next week could mark a turning point for the stock market. Trading in AI stocks has stalled amid concerns over data centers and U.S. political opposition, Lee noted. The key question is whether confidence in AI can rebound after this stagnation. If NVIDIA CEO Jensen Huang can demonstrate at an upcoming event that demand for AI computing power remains robust, it will help reinject market confidence and lift the AI sector out of its consolidation. Lee also stressed that uncertainty surrounding the Federal Reserve continues to build, with a series of upcoming public appearances by Fed officials serving as another key market signal. The S&P 500 has recently hovered around 7,678 points, down approximately 1.4% this week, as the market faces dual doubts about the sustainability of AI capital expenditures and the path of monetary policy. Next week is a critical window to observe the market’s directional choice, and whether AI demand signals and Fed policy expectations can resonate will determine the short-term trend of risk assets.
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HYPE’s iron long positions generated $57.18 million in profits over 10 months, with the position value reaching as high as $110 million.
According to EmberCN’s monitoring, as HYPE surges past $80 to hit a new all-time high, a veteran diamond-handed trader who has held long HYPE positions for 10 months has pocketed $57.18 million in profits. Their position value has grown from an initial $53.38 million to $110 million: they opened a long position of 1.38 million HYPE at $38.6 last November. Over the 10-month holding period, they paid $4.98 million in funding fees and still show no signs of taking profits.
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Trader 0x2035 has already doubled his money on @Aster_DEX. His 666 $ETH ($1.61M) long is currently up $219K (+150%).
Trader 0x2035 has already doubled his money on @Aster_DEX. His 666 $ETH ($1.61M) long is currently up $219K (+150%).
Autonomous artificial intelligence agents are increasingly conducting direct online transactions, shifting the landscape for digital commerce. These software programs can independently acquire computing resources, datasets, and API access by sending and receiving payments without requiring manual human authorization for each transaction.
Coinbase’s x402 protocol at the forefrontCoinbase, a leading US-based cryptocurrency exchange, has developed x402, a dedicated payment protocol to facilitate machine-to-machine transactions. The protocol acts as an automated paywall, allowing an AI agent to submit a request, receive a price quote, perform the payment, and instantly access the requested digital service or data. This process eliminates the need for conventional account creation or manual input of payment details.
Coinbase’s publicly shared data indicates that x402 has processed over 165 million payments, with a total volume surpassing $50 million. Approximately 99% of these transactions are conducted using USDC, a widely adopted fiat-backed stablecoin.
Coinbase’s head of AI product, Lincoln Murr, highlighted that the typical transaction involves a payment of around 30 cents, with the majority directed toward API usage, such as software-to-software requests or data access.
By simplifying how AI agents pay for services, x402 contributes to a rapidly developing market where autonomous systems interact and transact seamlessly.
Stablecoins streamline AI-driven micropaymentsStablecoins offer significant benefits to AI-driven payment flows. Their continuous availability, borderless nature, and low fees make them better suited than traditional card-based systems, which often impose service charges of 2% to 4%—too high for sub-dollar transactions commonly initiated by AI agents.
Cloudflare, a global web performance and security company, is building wallet infrastructure tailored for AI use. Its upcoming product enables operators to set spending limits and vendor approvals before agents transact, similar to business credit card controls.
Circle, the issuer of USDC, is piloting microtransaction products where payments confirm instantly and blockchain settlement is grouped in batches for efficiency. MoonPay, a financial technology provider specializing in crypto payments, has launched PayBox, a solution letting agents use either traditional cards or cryptocurrency based on merchant preferences.
Mini dictionary: Circle is a financial services company specializing in blockchain technology and is best known as the issuer of the USDC stablecoin.
Traditional payment networks respondMajor payment companies are exploring ways to compete in this emerging field. Mastercard is running a pilot program called Agent Pay for Machines, using voucher-based digital payments. Here, operators determine transaction rules and spending caps, and merchants validate purchase conditions before redeeming payment vouchers. Merchants can choose to settle transactions in either fiat or stablecoins, accommodating different preferences in the payment chain.
Visa, another global payment giant, worked with DBS Bank in a pilot where an AI agent purchased food and drinks through standard credit rails. The partners are examining further applications in online shopping and travel.
ProviderInitiativeMain Payment MethodStatusCoinbasex402 ProtocolUSDCActive, 165M+ transactionsMastercardAgent Pay for MachinesFiat/StablecoinsPilot phaseVisa & DBSAI Agent Purchase PilotTraditional CreditPilot phaseEcosystem in early stagesWhile the adoption of agent-led payments is growing rapidly, industry leaders consider the market nascent. Coinbase’s Murr compared the situation to the early peer-to-peer sharing platforms like Napster, noting the current absence of mature regulations and standardized practices.
In July, x402 recorded about $24 million in transactions over 30 days, a figure Visa processes in just one minute through its global network. Analysts suggest that part of x402’s total transaction count includes internal testing as well as operational use.
Wallet funding continues to be a challenge for onboarding new users or machines. Coinbase is working on solutions for agents to receive wallet functionality independently, further reducing friction in the process.
This emerging sector is defined by a high frequency of low-value micropayments, made possible by technical advances in both cryptocurrency and payment infrastructure, but broader adoption will depend on regulatory clarity and continued innovation from major fintech stakeholders.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
TLDR: Circle Payments Network hit a $14.7B annualized run rate, rising 76% quarter over quarter by Q2-end. USDC circulation reached $73.3B at Q2-end, while quarterly onchain transaction volume surged 151% to $14.8T. Visa’s stablecoin settlement pilot reached a $7B annualized run rate after expanding across nine blockchains. Circle’s network enrolled 175 institutions, while Nium extended payouts to 190+ countries and 100 currencies. Stablecoins are moving beyond crypto trading and into the infrastructure that powers payments, treasury operations, collateral, savings, and cross-border finance. Circle CEO Jeremy Allaire said during the company’s Aug. 19 earnings AMA that digital dollars now show product-market fit across several financial activities.
In digital asset markets, stablecoins already function as cash, collateral, and settlement assets across platforms operating around the clock. However, their role is expanding as large companies increasingly use digital dollars for treasury management, internal transfers, and working capital.
Circle CEO: What Real-World Financial Problems Can Stablecoins Solve First?
On August 19, 2026, Circle CEO Jeremy Allaire @jerallaire said during the earnings call AMA that stablecoins are moving from the digital asset market into real-world finance, where they are already… pic.twitter.com/6lFMN6Xefc
— Wu Blockchain (@WuBlockchain) August 23, 2026
Allaire also pointed to rising demand across emerging and global markets, where households and businesses use digital dollars as savings instruments. For some users, those assets provide an alternative to traditional dollar bank accounts while supporting commerce, investment, and international payments.
Tokenization is widening that reach further as equities, commodities, and other traditional assets begin moving onto blockchain-based trading infrastructure.
Cross-Border Settlement Emerges as a Core Use Case Against that backdrop, cross-border payments are becoming one of the clearest areas where stablecoins are entering mainstream financial operations. Allaire said financial institutions can use digital dollars as the settlement leg between counterparties, reducing reliance on conventional banking settlement windows.
Recipients can also retain the stable asset instead of converting immediately into local currency, adding another use case beyond simple transfers. Circle Payments Network reflects that shift, reaching $14.7 billion in annualized transaction volume based on trailing 30-day activity at quarter-end.
That figure increased 76% quarter over quarter, while enrolled financial institutions rose 29% to 175. Nium has also connected the network with payout infrastructure covering more than 190 countries and 100 currencies.
The wider payments sector is developing similar infrastructure. Visa said its stablecoin settlement pilot reached a $7 billion annualized run rate after expanding support to nine blockchains.
Visa had already introduced USDC settlement for participating U.S. issuers and acquirers, giving institutions access to seven-day settlement. That expansion addresses a costly gap in traditional remittances.
World Bank data showed the average cost of sending $200 globally stood at 6.36%, more than twice the United Nations’ 3% target.
USDC Growth Deepens Circle’s Institutional Finance Reach Beyond payments, Circle’s operating figures show how quickly its role across broader financial infrastructure has expanded. USDC circulation reached $73.3 billion at the end of the second quarter, representing 19% year-over-year growth.
At the same time, quarterly on-chain transaction volume climbed 151% to $14.8 trillion, while Circle generated $701 million in revenue and reserve income. Alongside that growth, institutional adoption also widened, extending USDC’s presence across traditional financial services.
BNY added direct USDC minting and redemption to its digital asset custody platform, while Standard Chartered launched integrated USDC access. Marex completed a stablecoin-powered initial-margin transaction in regulated derivatives clearing, allowing USDC to operate as collateral within traditional markets.
Allaire also identified AI agents and retail merchant payments as emerging channels for further usage. Circle’s Agent Stack now includes more than 900 paid services, while 99.3% of x402 agent-payment volume settles in USDC.
The company is also preparing Arc, its stablecoin-focused blockchain, for a Sept. 16 mainnet launch with more than 100 institutional and ecosystem builders. Taken together, the data shows stablecoins moving from crypto market plumbing toward broader payment and settlement rails used across global finance.
DeFi lending protocol Term Labs lost roughly $8.5 million on Sunday after a governance exploit impacted its Term vaults, blockchain security firm PeckShield reported.
The attacker pulled 2,843 Ethereum (ETH) and 1.68 million USDC (USDC) out of the protocol. Term Labs confirmed the incident and said a fuller account would follow its investigation.
How the Term Labs Attacker Moved the FundsPeckShield valued the ETH portion at $6.87 million and the stablecoin portion at $1.68 million. The attacker then swapped the USDC into roughly 1.68 million Dai (DAI).
The post highlighted that the wallet behind the attack was originally seeded with 2 ETH withdrawn from Tornado Cash. Mixer funding is a common precursor to onchain theft, since it breaks the link to an exchange deposit.
Term Labs runs fixed-rate lending through onchain auctions. According to DefiLlama, the vaults’ total value locked stands at $12.2 million, with $8.6 million of that on Ethereum.
The team has not yet named the specific governance function the attacker abused.
We are aware of a governance exploit impacting Term vaults.
We will share more details once it has been further investigated.
— Term Labs (@term_labs) August 23, 2026
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August Losses Keep Stacking UpThe exploit lands in an already heavy month. DefiLlama had logged 17 security incidents worth about $18.8 million in August before the Term Labs drain. The $8.5 million loss alone would push the month past $27 million.
August still trails July, when 38 incidents cost roughly $254 million. The Coldcard wallet firmware flaw accounted for $116 million of that total.
Other August victims include Harmony, where an attacker minted roughly 4 billion tokens without authorization. Payment processor Coinsbuy was also drained of $7.9 million. Sandbox contained a SAND bridge vulnerability on Saturday.
Governance failures stay rare but expensive. DefiLlama has classified five 2026 incidents as governance attacks worth $25.1 million combined, led by a $20 million malicious proposal against BonkDAO in July.
Term is also a repeat target. DefiLlama recorded a $1.65 million hit at Term Finance in April 2025, attributed to an oracle misconfiguration.
Across the wider market, SlowMist counted 182 incidents worth about $956 million in the first half of 2026, per its mid-year report.
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USDC just posted its busiest day on decentralized exchanges in over a month, hitting $2.8 billion in daily DEX trading volume on August 22. The milestone arrived the same week that total spot DEX volume punched through $10.9 billion, a threshold the market hadn’t seen since early June.
The numbers behind the spike The $2.8 billion daily figure represents a 30-day high for USDC on decentralized exchanges. It landed just two days after aggregate spot DEX volume hit $10.9 billion on August 20, the first time that benchmark had been eclipsed in roughly ten weeks.
USDC accounts for approximately 77% of total adjusted on-chain transfer volume year-to-date, with a cumulative $32 trillion settled through August 2026. Circle’s Q2 2026 earnings underscored the trajectory. The company reported $14.8 trillion in on-chain transaction volume for USDC during the quarter, a 151% year-over-year increase. Current USDC circulation sits at $73.3 billion.
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Much of this volume isn’t retail traders swapping tokens. The activity is heavily concentrated in liquidity provision, flash loans, and automated trading strategies.
Base and the infrastructure layer Coinbase’s Layer 2 network, Base, has emerged as a primary venue for high-concentration USDC activity. Two protocols in particular are driving volume: Aerodrome, the dominant DEX on Base that serves as the chain’s liquidity backbone, and Morpho, a lending protocol where flash loan facilities are generating significant transaction throughput.
Solana has also contributed meaningfully to the broader DEX volume recovery, consistent with its position as a leading chain for trading activity throughout 2026.
The two companies co-founded the Centre Consortium that originally governed USDC. While that entity was dissolved in 2023 with Circle taking full control, the strategic alignment remains obvious. Base gets deep stablecoin liquidity, and USDC gets a fast, cheap execution environment that attracts the automated strategies generating much of its volume.
Competitive positioning and what to watch USDC’s 77% share of adjusted on-chain transfer volume is a remarkable competitive moat, particularly given that Tether’s USDT still leads in raw market capitalization. USDT dominates centralized exchange trading and cross-border transfers, while USDC has carved out a commanding position in DeFi’s internal plumbing.
Circle’s 151% year-over-year growth in quarterly on-chain volume suggests this lead is widening rather than narrowing. The company’s regulatory positioning, including its status as a regulated financial institution in the US and its compliance-forward approach, has made USDC the default stablecoin for institutional DeFi participants who need auditable transaction trails.
Concentrated activity in automated strategies means volume can evaporate quickly if market conditions change or if yield opportunities dry up. Flash loan volume in particular can swing dramatically from day to day. The $2.8 billion daily figure is impressive, but the sustainability of that level depends on whether the underlying DeFi activity continues its current recovery or stalls out as it did in late June and July.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Altcoins see widespread pullback, TAC drops over 40% in 24 hours.
According to HTX market data, as Bitcoin fell below $77,000, the cryptocurrency market has entered a pullback, with altcoins generally facing selling pressure and declining. Specifically: TAC is currently priced at $0.001672, down 40.86% in 24 hours; FHE trades at $0.01978, down 30.03% over 24 hours; SQD stands at $0.03, down 29.01% in 24 hours; PTB is priced at $0.0007364, down 27.11% in 24 hours; INX is at $0.006619, down 26.43% over 24 hours; BASED trades at $0.07328, down 25.35% in 24 hours; SWARMS is priced at $0.007254, down 24.80% in 24 hours; BEAT is at $0.1342, down 24.18% over 24 hours.
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Grayscale: Bitcoin’s current price may offer favorable entry points for long-term investors.
Grayscale Research Head Zach Pandl wrote in a post that while he generally advises investors against trying to time the market, judging from three aspects—structural adoption trends, market cycles, and macro risks—the current Bitcoin price may offer a favorable entry point for investors with a long-term investment horizon. Grayscale noted that sustained growth in government debt, expanding applications of blockchain technology in financial services, and generational shifts in portfolio construction all indicate Bitcoin’s long-term adoption trend remains solid. The current Bitcoin bear market has lasted roughly 10 months, while previous bear markets typically ran 11 to 12 months, suggesting the market may be in the late stage of a bear cycle. The macro environment remains a key source of uncertainty: if the Federal Reserve raises interest rates soon, Bitcoin could fall further; if it holds rates steady, the market may have already hit bottom. Grayscale added that structural adoption, cycle positioning, and overall macro outlook are currently relatively favorable, though future performance remains uncertain.
17 minutes ago
Rumors that Donald Trump will launch a new cryptocurrency: Trump bought Robinhood stocks in June, and his son denied the cryptocurrency launch.
Recently, rumors have emerged in the crypto market that US President Donald Trump is "about to officially launch a new token". The rumors claimed that a newly created Robinhood Chain wallet received 290 ETH and interacted with a "Truth Coin" contract, but no wallet address, controller proof, official contract, or project announcement was provided. Eric Trump, Donald Trump’s second son, subsequently explicitly denied the rumors, stating: "This is a total joke, the news is completely false. No one is going to launch any type of token, and anyone who suggests otherwise is committing fraud." As of now, neither the Trump family nor Robinhood has announced the launch of any related token. Notably, a filing from the US Office of Government Ethics shows that Trump’s investment portfolio purchased Robinhood (HOOD) stocks worth between $1,001 and $15,000 on June 3. HOOD closed at $82.85 on that day, and stood at $108.13 on August 21, representing an approximate 30.5% increase in the period. If the entire position is still held and calculated based on the approximate closing price of that day, the unrealized profit would be roughly $305 to $4,577, though the actual transaction price and subsequent holdings have not been disclosed.
17 minutes ago
Predict.fun has launched its market for the Dota 2 loser's bracket final, with additional markets set to open during the grand final phase.
According to official announcements, Predict.fun’s Dota 2 prediction event The Predict International has launched markets for the loser’s bracket final. As the tournament enters its final phase, the platform will roll out additional prediction markets for the grand finals, with higher overall AP rewards per market. Given the short interval between the loser’s bracket final and the grand finals, users may have only a limited window to complete predictions and lock in their shares once the grand finals markets go live. Those planning to join the final round should closely monitor the event page. The total rewards for The Predict International amount to 100,000 USDT and 5,000,000 Predict Points.
17 minutes ago
Crypto market maker Wintermute has transferred $57 million worth of Bitcoin (BTC) and Solana (SOL) to centralized exchanges (CEXs), sparking speculation that the firm is selling the assets.
According to Onchain Lens monitoring, crypto market maker Wintermute transferred 129,500 SOL tokens to Binance, valued at roughly $12.42 million. The firm also moved 169.5 BTC worth approximately $13.11 million, a transaction suspected to be for sale. Separately, 407.47 BTC were transferred through an intermediate wallet before being deposited into Coinbase, with a total value of around $31.36 million.
17 minutes ago
Donald Trump’s June crypto-related stock trades revealed: he reduced his holdings in Coinbase and Strategy, and purchased Robinhood.
U.S. Office of Government Ethics (OGE) financial disclosures released Saturday show that Trump made over 1,000 securities trades in June, with total trading value ranging from $78.1 million to $263.1 million. Crypto-related trades involved Coinbase, Strategy, and Robinhood. Overall, crypto-linked stock trades were relatively small in scale, accounting for a low share of his total June securities trading volume. - Coinbase: Sold Coinbase stock worth $15,001–$50,000 on June 12, $100,001–$250,000 on June 18, and $1,001–$15,000 on June 23; bought Coinbase stock worth $50,001–$100,000 on June 24. - Strategy: Sold Strategy stock worth $1,001–$15,000 on June 23 and $15,001–$50,000 on June 24. - Robinhood: Bought Robinhood stock worth $1,001–$15,000 on June 3.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
A recent snapshot of XRP Ledger (XRPL) activity has highlighted the participation of two major financial institutions, Wells Fargo and Abu Dhabi Bank, in auto-bridging transactions over the past 24 hours. The finding was made by crypto enthusiast ChaCha, who tracks real-time data from the XRPL dashboard.
Wells Fargo and Abu Dhabi Bank appear in XRPL flowsChaCha reported via a post on X that both Wells Fargo, a leading US-based financial services company, and Abu Dhabi Bank, a prominent institution in the United Arab Emirates, appeared in a 24-hour period of auto-bridging transactions on the XRP Ledger. This data was sourced from a dashboard associated with analyst Chad Steingraber, which monitors both historical and real-time activity on the network.
The dashboard tracks the movement of different currencies and tokens, with XRP acting as a bridge asset between pairs. Metrics displayed include transaction volume, count, and the flow of assets over specific periods.
ChaCha explained that Wells Fargo and Abu Dhabi Bank were involved in XRPL auto-bridging trades during the last 24 hours, referencing transaction and volume data from the Liquidity Intelligence tracker.
The range of assets involved in the recent XRPL transactions was also substantial. RLUSD accounted for the largest share of the tracked volume at 58.8%, followed by ETH with 17.5% and USDC with 12.7%. Other assets transacted included USD, EUROP, USDT, and BTC.
AssetShare of Tracked Volume (%)RLUSD58.8ETH17.5USDC12.7USD, EUROP, USDT, BTCRemaining shareXRP’s role as a bridge asset on the ledgerXRPL auto-bridging is an embedded protocol feature that improves liquidity by enabling the use of XRP as an intermediary, facilitating trades between different asset pairs when doing so is beneficial for pricing.
According to data from the dashboard, the largest recent auto-bridging flow was from USDC to RLUSD, totaling 1,878,199 XRP. Other significant routes included USD to RLUSD at 1,056,567 XRP, and EUR to ETH at 1,019,578 XRP.
The tracker also documented trades such as RLUSD to USDC (747,739 XRP) and XAH to RLUSD (222,615 XRP across 4,366 trades). Two of the most recent transactions featured XAH to RLUSD transfers of 511.56 XRP and 727.46 XRP.
Mini dictionary: RLUSD, short for Ripple USD, is a stablecoin asset on the XRP Ledger issued by Ripple, designed to facilitate transactions and offer a stable value pegged to the US dollar within the XRPL environment.
Authenticity of institutional participation questionedA user identified as Hutnick_core4 raised doubts about the accuracy of the names displayed in the tracker, noting that XRPL account names can be set arbitrarily by users.
ChaCha responded that while this technical limitation exists, the significance lies in the transaction data and volumes rather than just the account labels. ChaCha stated that the actual organizations behind these addresses would be confirmed over time through further investigation.
ChaCha emphasized that transaction volumes are crucial for analysis, regardless of how names are displayed by tracker tools, and confirmation of actual organizations will depend on future identification work in the XRPL ecosystem.
This distinction is important, as the presence of bank names on a dashboard does not confirm direct involvement without verification through on-chain addresses and supporting evidence.
For now, the reported activity indicates possible associations with major financial institutions, but direct organizational involvement remains subject to further confirmation. The transactions reinforce the XRPL’s growing adoption for cross-asset liquidity and highlight the central role of XRP in connecting various digital and fiat assets through its auto-bridging technology.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Circle’s USDC Treasury minted 250 million USDC directly on the Solana blockchain in a single on-chain transaction on August 20, 2026. The move, flagged by Whale Alert and confirmed via Solana transaction data, represents fresh issuance rather than a redeployment of existing supply.
A single mint, but part of a much larger wave The $250M transaction did not happen in isolation. According to tracking data, roughly $1.25B in USDC was minted on Solana within a single week during mid-to-late August 2026. That is five transactions the size of this one, compressed into seven days.
Circle operates USDC on a strict 1:1 model against USD reserves. Every token minted corresponds to a real dollar sitting in a custody account. Circle only mints on verified demand, meaning the issuance is a response to demand already sitting at the door.
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USDC held its peg through and after the transaction, producing no immediate price impact.
Why Solana, and why now The clustering of large USDC mints throughout 2026, with similar 250M events occurring multiple times this year alone, points to sustained and growing institutional appetite.
DeFi activity on Solana has been a significant pull factor. Liquidity pools require deep stablecoin reserves to function efficiently, and institutional desks routing dollar exposure through on-chain venues have similarly contributed to the demand signal Circle is responding to.
The minting itself is trackable in real time through services like Whale Alert, which broadcast large on-chain transactions to market participants.
What this means for Solana’s competitive position Ethereum remains the dominant venue for stablecoin issuance in aggregate, but Solana’s growing share of Circle’s minting activity reflects a rebalancing in where institutional and DeFi users prefer to operate.
The key variable to watch is where the newly minted USDC flows next. Movement into centralized exchanges would suggest institutional actors are preparing to trade or redeem. Movement into on-chain liquidity pools would indicate DeFi protocols absorbing the new supply.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Jiang Zhuoer: Beware of "serial liquidations" in extreme market conditions, advises using isolated margin mode for high-leverage trading
Jiang Zhuoer, founder of BTC mining pool B.TOP, posted that around 1:10 PM Beijing time today, the entire crypto market experienced a mini flash crash, with BTC, ETH and numerous altcoins seeing notable pin price movements. Even non-crypto assets such as crude oil also synchronized short-term sharp fluctuations. He advised against holding large high-leverage altcoin long positions in a unified account, as under cross-margin mode, a sudden 50% crash in a single coin could lead to insufficient account margin, triggering forced liquidation of other assets in the account. For high-leverage altcoin trading, he recommended using isolated margin mode to separate positions, preventing extreme moves in one coin from affecting the entire account. While isolated margin operations are relatively cumbersome, at minimum, in extreme market conditions, "only one position will be liquidated", reducing the risk of the entire account being wiped out instantly.
20 minutes ago
A mysterious crypto whale took advantage of market momentum to offload 7,700 BTC over the past three days.
According to Lookonchain’s monitoring, a mysterious whale has sold 2,700 BTC again, valued at roughly $211.8 million. The whale has sold a total of 7,700 BTC over the past three days, totaling around $576.6 million.
20 minutes ago
Bitmine’s unrealized losses on its Ethereum positions narrowed to $5.408 billion.
According to the latest holding data from Bitmine, the treasury firm holds a total of 5,815,164 Ether (ETH), with an average cost basis of $3,366 per ETH. At the current ETH price of $2,436, the total unrealized loss on its holdings has narrowed to $5.408 billion, after previously exceeding $10 billion at one point.
20 minutes ago
Iraq confirms some oil tankers have obtained passage permits for the Strait of Hormuz.
According to Al Arabiya TV, the Iraqi President stated: "We discussed with Iranian Parliament Speaker Mohammad Bagher Ghalibaf the issue of re-examining relations between Baghdad and Tehran. Currently, some ships carrying Iraqi oil have indeed been allowed to pass through the Strait of Hormuz. Given the current situation, I believe the United States wants to reach an agreement to end its conflict with Iran. It must be noted that we are among the countries most deeply affected by the war, and the government is doing its utmost to avoid getting involved in it." (Jinshi)
20 minutes ago
Arthur Hayes warns: FLOP has not yet been launched, and there is no presale or Meme coin.
BitMEX co-founder Arthur Hayes has issued a reminder that Flop Labs has not yet released its FLOP token, nor is there any presale or meme coin associated with the project. Hayes noted that FLOP is not officially live, and cautioned the community against mistaking related tokens circulating in the market for official assets. He added that Flop Labs plans to launch an airdrop in the coming months and roll out its mainnet next year. Earlier public information showed the project had previously targeted a large-scale airdrop in Q4 2026, with the mainnet genesis block set for Q1 2027. Hayes had earlier announced he would lead Flop Labs, which is designed to build economic infrastructure for AI Agents, with FLOP serving as the native asset for AI Agents to pay for resources such as computing power and storage.
20 minutes ago
US Treasury repurchase operations unexpectedly pushed Bitcoin’s price up 25%, triggering $4 billion in short-position liquidations.
After the U.S. Treasury expanded its long-term U.S. Treasury bond repurchase operations, the 30-year U.S. Treasury yield fell from a 19-year high of 5.34% to around 5.19%, while Bitcoin rose roughly 25% in several days, briefly topping $79,000. Around $4 billion in cryptocurrency short positions were liquidated during this period, further amplifying the rally. The U.S. Treasury had earlier announced it would raise the size of its longest-dated Treasury repurchase operations from $2 billion per operation to $4 billion. Analysts noted that this operation is not equivalent to the Federal Reserve’s quantitative easing (QE); its main function is to improve the liquidity of older bonds and optimize the debt structure, but the market views it as a policy support signal for long-term U.S. Treasury yields. Analysts believe the key driver of Bitcoin’s recent rally is not the repurchase operation itself, but the market’s prior over-concentration of short positions. As long-term U.S. Treasury yields fell, short sellers were forced to cover their positions, triggering a powerful short squeeze. Meanwhile, U.S. spot Bitcoin ETFs saw a net inflow of around $650 million this week, and Trump once again urged Congress to advance the CLARITY Act, further boosting market risk appetite. Jeff Ko, chief analyst at CoinEx, said the key now is whether Bitcoin can hold its 200-day moving average around $69,000 and turn it from resistance into support. Market participants also warned that if the 10-year U.S. Treasury yield re-breaks above 4.7% and the 30-year yield approaches 5.3%, Bitcoin’s current breakout could face renewed tests. Bitcoin has now broken above its 200-day moving average and continues to rise; the next phase of the market will focus on whether it can sustain its rally in a high-yield environment.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
The U.S. Financial Accounting Standards Board (FASB) introduced a new proposal that could allow certain stablecoins, such as USDC, to be classified as cash equivalents on company balance sheets. Circle co-founder Jeremy Allaire described the move as “an enormous strategic unlock” for the stablecoin sector.
Potential impact on stablecoins and corporate accountingFASB’s proposal was released on August 18 and targets updates in Topic 230, the section governing cash flow statements. Rather than creating a new definition for cash equivalents, FASB focused on clarifying the existing framework, mandating enhanced annual disclosures about the primary components of companies’ cash equivalents, including any digital assets.
Allaire, whose firm issues USDC, assessed the proposal as “a nine out of 10” and linked its significance to recent regulatory developments, most notably the pending GENIUS Act. He indicated that the combination of supportive accounting standards and favorable legislation could open the door for broader usage of USDC within the financial system.
Allaire highlighted the shift in how stablecoins are recorded on company balance sheets, noting that classifying tokens as cash equivalents, rather than intangible assets, makes them far more attractive to treasury departments and lenders assessing repayment capabilities.
If stablecoins are treated as cash equivalents, companies can avoid balance-sheet penalties typically associated with intangible assets—a factor that could significantly influence their adoption among corporate treasurers. FASB opened the comment period for its proposal until November 19, after which a final standard and effective date will be determined. For the moment, no changes have officially taken effect.
Criteria for stablecoin qualificationFASB outlined several requirements for a stablecoin to be recognized as a cash equivalent. First, holders must have a contractual right to redeem the token on demand. Second, the redemption must occur directly with the issuer for a fixed cash amount. Third, the issuer needs to hold segregated reserves in short-term, highly liquid assets equal to at least one dollar per token in circulation.
The board emphasized that liquidity from trading on secondary markets does not meet these standards because prices might deviate from their promised value during periods of market stress. FASB also excluded stablecoins backed by volatile assets, such as other cryptocurrencies or gold, from qualifying as cash equivalents. This approach leaves out certain algorithmic and overcollateralized tokens, despite being labeled as stablecoins.
Although these criteria are clear, meeting them is optional, not mandatory, for qualifying companies. Each issuer and corporation must carefully assess whether their tokens satisfy all requirements before accounting changes are made.
Early adopters and skeptical viewpointsCoinbase has already adjusted its accounting practices. As of December 31, 2025, the company reported USDC, EURC, and PYUSD as being fully backed by segregated cash-equivalent reserves, with redemption available at a one-to-one ratio. Coinbase reported no changes to previously stated financial metrics after the retrospective update.
However, not everyone supports FASB’s draft. Jack Castonguay, an accounting professor at Hofstra University, welcomed the limited scope but remains unconvinced by the prospect of stablecoins being classified under cash. He described the proposal as not having gone “too far,” but still sees the new categorization as overly permissive.
FASB stated that only stablecoins directly redeemable with the issuer against explicit cash reserves will qualify, a move designed to protect financial stability and limit risk.
With the November 19 deadline for public comments approaching, industry participants, auditors, and corporate treasurers are closely monitoring developments. Decisions after this period may determine the scale and pace at which stablecoins become integrated into mainstream finance.
Given the rapid shifts in the digital asset sector, from central bank decisions to new token listings, traders face growing complexity managing charts, positions, and news across multiple platforms. Many are turning to privacy-focused solutions such as CryptoAppsy, which provides unified access to real-time charts, price alerts, dedicated coin news, and macroeconomic indicators—all without requiring an account. This approach helps investors respond faster in an increasingly unpredictable market environment.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Finassets.io, a crypto payment gateway for businesses, has added USDC (SOL) to its Back Office, giving merchants a cost-effective network for stablecoin payments.
Solana is among the fastest, lowest-cost networks for settling USDC today, and Finassets, a B2B crypto payment infrastructure provider, has added support for USDC Solana (SOL) payments across its platform. Merchants can now accept and process USDC (SOL) alongside 70+ other supported cryptocurrencies, using the same Back Office, payment button, checkout, and API already in place.
Solana already carries billions in USDC
Solana holds the second-largest share of circulating USDC after Ethereum, at roughly $6.7 billion of Circle’s total supply, on a network built for higher throughput than most alternatives. Solana’s mainnet has also run without an outage for more than two years.
Built for stablecoin payments across multiple assets
USDT and USDC already run across multiple networks in the Finassets Back Office, and USDC (SOL) extends that setup rather than adding a separate product. With Auto-Convert, incoming crypto is converted to a stablecoin as soon as the payment arrives, with the rate fixed at that moment, protecting merchants from price changes.
Network choice still affects the two numbers that matter most to a merchant, what a transfer costs and how long it takes to confirm. Solana comes out faster and cheaper than Ethereum on both, which makes it one of the most cost-effective networks for settling USDC right now.
*Fees rise during congestion, and have historically pushed Ethereum transfer costs well above $100.
No new integration required for existing merchants
Merchants already using Finassets can enable USDC (SOL) directly in the Back Office, through the same payment button, checkout, and API already connected. Those onboarding now choose one of two integration methods:
Payment button. Installs on a website or online store with no backend development; customers pay directly from a Solana wallet. API integration. Generates a unique Solana wallet address per transaction and tracks transaction details, including destination and confirmation, via webhook. Both paths include sandbox access and step-by-step setup documentation for testing before go-live.
“USDC on Solana is one of the most efficient stablecoin payment options available today. It combines a widely used dollar stablecoin with one of the fastest and lowest-cost networks. We added it to give merchants a faster, more cost-effective way to move USDC, especially when they’re processing payments at scale.” said Vitalijs F., CEO of Finassets.
USDC (SOL) uses the same Finassets infrastructure
Once enabled, USDC (SOL) follows the same operational rules as every other asset Finassets supports.
Transaction status and history tracked per asset in the Back Office Deposits typically credited within about 30 seconds of network confirmation Security runs at the same standard across every asset: MPC-based wallet technology, two-factor authentication, role-based access control, and IP whitelisting. USDC (SOL) support is available to eligible merchants in selected international markets, subject to Finassets programme terms, verification, and applicable compliance requirements.
Register and enable USDC on Solana payments for your business: https://www.finassets.io/en/account/register/
About Finassets
Finassets is a low-fee crypto payment gateway for iGaming and eCommerce. It’s a payment infrastructure covering a crypto payment button, crypto checkout, crypto invoicing, crypto mass payouts, B2B crypto exchange, and crypto payment API integration. Merchants can accept 70+ cryptocurrencies, including stablecoins like USDT and USDC across multiple networks. Fees start from 0.40% down to 0.20% as volume grows, with no hidden fees and full visibility into every transaction.
Founded in 2021, Finassets is a Panama-registered B2B crypto payment infrastructure provider supporting cross-border and crypto-driven businesses across eligible markets.
HYPE breaks through $77, approaching its all-time high.
According to HTX market data, HYPE has broken through $77, currently trading at $77.02, approaching its all-time high.
1 seconds ago
US stocks opened higher, with cryptocurrency-related stocks rallying broadly, and HYPE Treasury Company surging over 9%.
US stock market opens: Dow Jones up 0.5%, S&P 500 up 0.4%, Nasdaq up 0.4%. According to market data from BIT (bit.com), tech stocks posted gains: Micron Technology rose 1%, with its CEO stating current customer demand exceeds the company’s supply by roughly 50%. Broadcom climbed 1.6% as the firm seeks over $60 billion in debt financing to provide chip infrastructure for AI enterprises. Crypto-related stocks rallied broadly, led by HYPE Treasury’s PURR, which surged over 9% at open. MSTR gained 4.08%, BMNR rose 2.13%, COIN up 5.52%, and CRCL up 6.35%.
1 seconds ago
JPMorgan Chase warns of autumn sell-off risks for US stocks, potentially repeating the dot-com bubble burst.
JPMorgan Chase believes that while major U.S. stock indices remain in a bullish trend, the risk of a market downturn in late summer or early fall is rising. The bank cited weak internal market indicators, defensive sector rotation, and waning confidence in artificial intelligence (AI) stocks. Strategist Jason Hunter noted that today’s AI trading bears similarities to the 1999-2000 tech boom, sparking concerns about overcrowded exposure in the tech sector.
1 seconds ago
BitMart's official Twitter account announced that it is developing a potential restructuring plan and plans to resume partial operations in phases.
BitMart announced via its official X account that it is developing a potential restructuring plan as an alternative to a full shutdown. The plan may involve the phased resumption of partial operations under an orderly arrangement and distributions to creditors, though additional legal, financial, operational, and regulatory assessments are still required. The exchange has appointed White & Case as its restructuring legal counsel to assist in evaluating viable options and formulating a framework for the restructuring and phased resumption of operations. BitMart noted that it is currently collaborating with its advisors to develop a roadmap and will aim to provide further updates by September 9, 2026.
1 seconds ago
Predict.fun announced the launch of its prediction market for the Honor of Kings KPL Summer Split.
Prediction market platform Predict.fun has launched a prediction market for the Honor of Kings KPL Summer Split Phase 3 S Group match between AG Super Play and Talent Gaming (TTG). The match adopts a BO5 format and is currently underway. Notably, users can conduct prediction trading on Predict.fun for all Honor of Kings KPL Summer Split events, with additional markets set to open soon—users are welcome to participate in predictions. Note: Prediction market data may change in real time along with market transactions, please refer to the latest information on the platform.
1 seconds ago
BounceBit Chain Releases Update on Vulnerability Attack Progress: Will Permanently Halt the Chain and Migrate to BNB Chain
Cross-chain yield protocol BounceBit has released a security incident notice, stating its blockchain network suffered a protocol-level vulnerability attack from 21:02 UTC on August 19 to 01:54 UTC on August 20. Attackers exploited an authorization flaw in Evmos’ underlying architecture to transfer BB tokens from 9 mainnet accounts without account owners’ authorization. Per the notice, the attackers moved approximately 286.5 million BB via 14 transactions. The incident is limited to BounceBit Chain itself, with no involvement of private key leaks, signature forgery, wallet, hardware device, or exchange account security issues. BounceBit’s CeDeFi Strategy, Promo Vaults, Prime, and RWA products were all unaffected. BounceBit noted the vulnerability stemmed from an authorization validation flaw in Evmos’ protocol-native module. When the attacker called the relevant module via a smart contract, they bypassed the security check that should verify the fund source account’s authorization, allowing them to designate any account as the fund source. After the incident, BounceBit Chain stopped block production at block height 20,702,857. The team decided not to perform a chain upgrade, instead permanently shutting down BounceBit Chain and reissuing BB as a BNB Chain-based BEP-20 token. The new BB supply will be based on an on-chain snapshot taken before the first abnormal transfer (block height 20,697,260). The 286,543,148 BB tokens transferred by attackers will not be included in new balances. Users do not need to submit applications or migrate wallets; the official will automatically distribute new BB to corresponding BNB Chain addresses.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
A crypto whale, who stated he would "set 10 big targets first", discusses losses from his short positions: he originally intended to bet on a market pullback, but ended up suffering $4.6 million in losses.
Crypto whale "Sets 10 Big Goals First" opened up about recent short position losses on X, saying: "This short trade was meant to catch a pullback before re-entering long positions, but the market corrected my view. My preset stop-loss at 70,400 didn’t get hit, and the price jumped straight to around 71,500. I’d only braced for a 2 million loss, but it ballooned to 4.6 million."
5 minutes ago
The entity "7 Siblings" sold 18,500 ETH today at an average price of $2,356.
According to YuEmber monitoring, the entity "7 Siblings" has sold 18,500 ETH today, in exchange for 43.58 million USDC, at an average selling price of $2,356.
5 minutes ago
Bitcoin's apparent demand has hit a new high since the start of this year, entering a phase of supply shortage.
Crypto analyst Darkfost noted in a post that Bitcoin’s 2026 apparent demand reached a record 25,000 coins, signaling that actual spot buying volume outpaces newly mined Bitcoin, with market buying strength exceeding supply. Apparent demand is defined as daily block subsidies minus the daily change in supply that has remained unused for over a year, a metric used to gauge whether structural accumulation can effectively absorb new supply.
5 minutes ago
Binance Alpha has rolled out the third airdrop of ChainOpera AI (COAI), with a point threshold of 242.
According to an official announcement, Binance Alpha is distributing the third wave of ChainOpera AI (COAI) airdrops. Users holding at least 242 Binance Alpha points can claim 105 COAI tokens on a first-come, first-served basis. If the reward pool is not fully claimed, the point threshold will automatically decrease by 5 points every 5 minutes.
5 minutes ago
Bernstein: Bitcoin's push toward $80,000 is liquidity-driven, with ETF fund flows rebounding.
Bernstein analysts believe Bitcoin’s rally over the past two days may signal a shift in market momentum, driven by improved liquidity conditions, rebounding ETF demand, and more favorable regulation. Bitcoin hit $79,500 at one point on Friday before pulling back to around $78,000. The analysts linked this rally to the U.S. Treasury’s announcement of expanded long-term Treasury repo operations, noting that liquidity expansion has historically been positive for Bitcoin. Additionally, Ethereum has outperformed Bitcoin during this rally, a trend analysts attribute to ETH’s greater exposure to stablecoins, tokenization, and real-world assets. Flows into spot Bitcoin ETFs have shifted from net outflows in May and June to net inflows of $1.6 billion this week, pushing their total assets under management to over $85 billion. Strategy’s holdings have turned into unrealized gains of more than $2 billion, with its cash reserves sufficient to cover 2.8 years of dividend payments. Bernstein also noted that regardless of whether the highly anticipated CLARITY Act—set for a procedural vote on September 15—passes, the SEC and CFTC are expected to accelerate legislative processes in areas including native token issuance, equity tokenization, perpetual contracts, computing power derivatives, and prediction markets. (The Block)
5 minutes ago
Nomura-backed Laser Digital secures Japan’s first crypto asset license in four years.
Japan’s financial regulator has approved Laser Digital Japan’s registration as a crypto asset transaction service provider, making it the first new entrant to obtain such a license in Japan in nearly four years, marking the accelerated entry of institutional-grade digital asset services into the Japanese market. Laser Digital stated that it will initially provide liquidity services for local virtual asset service providers in Japan, with plans to further launch digital asset trading services for institutional investors in the future; specific launch timelines and business scopes have not yet been announced. Laser Digital is backed by Nomura Holdings, one of Japan’s largest investment banks. Jez Mohideen, co-founder and CEO of the company, noted that Japan’s digital asset market is entering a new stage of development, and with rising interest from institutional investors, the market needs more reliable counterparties and infrastructure. A prior institutional investor survey released by Nomura and Laser Digital showed that 79% of respondents plan to invest in crypto assets within the next three years. This regulatory approval comes as Japan advances crypto asset regulatory reforms. Japan has previously reclassified cryptocurrencies as financial assets, laying a legal foundation for the future launch of crypto asset ETFs and the implementation of a separate tax system, with the new rules expected to take effect in 2027. Steve Ashley, executive chairman of Laser Digital, said global institutional investors are increasingly focusing on the digital asset market and seeking professional infrastructure tailored to institutional needs.
Elon Musk's @X is in discussions about using stablecoins, including Circle's $USDC, to pay royalties to content creators and influencers, according to a CoinDesk report citing a person familiar with the matter. X did not respond to the outlet's request for comment, leaving key details such as supported countries, blockchain networks, and implementation timelines unconfirmed.
A Wider Shift in Creator MonetizationThe report arrives at a pivotal moment for X's creator economy. The platform is preparing to end its Revenue Sharing program and replace it with Original Content Rewards on September 8, with the current system continuing through September 7. The new program is designed to reward creators who bring original ideas, expertise, reporting, creativity, and commentary to X, with earnings based on qualified impressions their original content receives. Participants will still need to subscribe to one of X's Premium tiers and meet qualifying thresholds, including 500 verified followers and 500,000 Home Timeline impressions from verified users in 90 days.
Talks at X are ongoing, and the platform is not alone. Other social media companies are also testing stablecoins as a way to pay influencers and content creators. Meta has already begun rolling out stablecoin payouts to select creators, allowing them to receive earnings in USDC on the Solana or Polygon blockchains, with the program supported by payments firm Stripe.
Musk's Broader Crypto Ambitions Crypto payments are not new to Musk's business empire. USD-pegged stablecoins and Dogecoin are already used for some of SpaceX's cross-border payments from Starlink customers in emerging markets. Musk has previously described payments as one part of his plan to turn X into an application combining social media and financial services.
The stablecoin market has surpassed a total value of $300 billion, known for its low transaction costs and rapid settlement speeds, making it an increasingly attractive rail for platforms with global creator bases. Circle Internet Group's USDC is one of the digital tokens under consideration, although X has not chosen a payment method or disclosed when it could introduce stablecoin payouts.
Sources:
crypto.news: X considers USDC payments for creator rewards
TechCrunch: X replaces revenue sharing program with Original Content Rewards
CoinDesk: Meta starts paying creators in stablecoin via Stripe
The talks are early and unconfirmed, but they surface in the same month X rebuilt its creator payouts around impressions, biweekly transfers and a $30 minimum.
Original Image Credits: Gage Skidmore / flickr.com
Posted August 20, 2026 at 3:01 pm EST.
X is in talks to pay content creators in stablecoins, such as Circle’s USDC, CoinDesk reported Thursday, citing a person familiar with the matter, who also works with other social platforms testing stablecoin payouts to creators.
The talks surface in the same month X rewrote how it pays creators. It stopped accepting new enrollments in Creator Revenue Sharing on Aug. 7 and will retire that program on Sept. 7, with a final payout expected on or around Sept. 11. Existing members can start applying to the Original Content Rewards Program on Sept. 8. X describes the new program in its creator documentation as “designed to reward creators who produce original, high-quality content” that “reflects your own voice, expertise, or creativity.”
The Payout Math The new program will pay on qualified impressions, which X counts as unique views from Premium users on the Home Timeline where at least half the post is visible. Payouts are due every two weeks, with a $30 minimum, to creators who hold an X Premium subscription, keep at least 500 verified followers and clear 500,000 Home Timeline impressions from verified users over 90 days.
Small, frequent and owed across dozens of countries is the payment shape card networks and correspondent banks handle worst. Stablecoins are a $310 billion market. They clear in minutes and can reach a creator who holds no U.S. bank account.
Musk’s Payments Bench X’s X Money went live for U.S. Premium subscribers this year with a Visa debit card, peer-to-peer transfers and bill pay, but it shipped with no crypto component. However, SpaceX collects Starlink payments in stablecoins in emerging markets, Chamath Palihapitiya has said.
Related Listen: Stripe Bid $53B for PayPal: Who Actually Wins Stablecoin Payments?
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
X, the social media platform owned by Elon Musk, is reportedly holding discussions to enable payments to content creators using stablecoins such as Circle’s USDC, according to information from an individual familiar with the conversations. This person is also engaged with other platforms experimenting with stablecoin payments for creators.
X transitions to new creator rewards programThis development emerges in the same month that X overhauled its payment system for creators. On August 7, the company closed new sign-ups for its original Creator Revenue Sharing program and will shut down that initiative completely on September 7. The last payments under the old system will be distributed around September 11.
Existing creators will soon have the opportunity to apply to X’s new Original Content Rewards Program, which begins accepting applications on September 8. The company describes this initiative as a way to support creators who produce unique, high-quality content that showcases individual voice, expertise, or creativity.
Under the updated structure, X calculates rewards based on qualified impressions, defined as unique views from Premium users viewing at least half of a creator’s post in their Home Timeline. Eligible creators must hold an X Premium subscription, maintain at least 500 verified followers, and achieve 500,000 verified Home Timeline impressions within 90 days. Payouts are set to occur every two weeks, with a minimum withdrawal threshold of $30.
Stablecoins offer advantages for international paymentsTraditional payment networks often struggle to efficiently process small, frequent transfers across numerous countries. Stablecoins, a class of digital assets pegged to national currencies like the US dollar, represent a $310 billion market and can typically be settled in minutes. This speed and flexibility could prove useful for creators, especially those who lack US bank accounts.
X Money, the platform’s current financial service for US Premium subscribers, was rolled out this year with offerings such as a Visa debit card, peer-to-peer transfers, and bill payment capabilities. However, this feature has not yet integrated cryptocurrency functionality.
SpaceX, another enterprise of Elon Musk, has already accepted Starlink subscription payments in stablecoins within emerging markets, as noted by venture capitalist Chamath Palihapitiya.
Mini dictionary: USDC, short for USD Coin, is a digital stablecoin issued by Circle and backed 1:1 by the US dollar. It is widely used for fast, cross-border payments and trading on cryptocurrency platforms.
X’s new creator payment program sets strict eligibility criteria, including holding a Premium subscription, reaching 500 verified followers, and generating 500,000 Home Timeline impressions within 90 days. Payments will be processed every two weeks once a minimum $30 threshold is met.
Comparison of X’s creator reward programsProgramEnrollment PeriodPayout FrequencyPayout ThresholdEligibility RequirementsCreator Revenue SharingClosed new sign-ups Aug. 7; ends Sept. 7Final payout around Sept. 11VariesLegacy requirementsOriginal Content Rewards ProgramApplications open Sept. 8Every 2 weeks$30X Premium, 500 verified followers, 500,000 verified impressions in 90 daysStablecoin payments could help creators around the world receive their rewards quickly, bypassing some of the limitations of traditional banking systems.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Stellar’s XLM has gained new bullish momentum, surpassing trendline resistance and regaining a key support level as increased enterprise activity signals deeper adoption of the network for digital payments.
XLM price rebounds with bullish signalsXLM is currently trading at $0.1816, with a 24-hour trading volume reaching $268 million and its market capitalization standing at $6.32 billion. The token posted a 9.9% rise in the last 24 hours, positioning itself for a potential bullish reversal after a period of downward pressure.
Crypto analyst Alpha Crypto Signal identified renewed strength in XLM after it broke through its descending trendline resistance. Following several weeks of consolidation, this technical breakout is bolstered by rising trading activity and highlights the return of buying interest to the market.
The token’s move above a critical horizontal support level has attracted further attention to its short-term outlook. If the buying momentum persists, analysts suggest that the broader market structure could shift in favor of bulls.
The combination of a break above key trendline resistance and the recovery of horizontal support has pointed to renewed accumulation, with large holders showing increased interest in XLM’s upward trend.
However, the market’s bullish view will depend on buyers’ ability to defend this newly reclaimed support region. Holding above these levels could open the path to the next upside target near $0.26, while a fall below would likely indicate weakness.
Zebec Enterprise’s $4M USDC payroll drives growthEnterprise adoption of Stellar received a notable boost as Zebec Enterprise processed a $4 million annualized USDC payroll shortly after launching on the network. Zebec Enterprise is currently being used by nine clients to facilitate digital payroll payments, underscoring growing confidence in blockchain-based financial operations.
This development reflects ongoing infrastructure improvements, with Zebec integrating stablecoin payroll solutions into Stellar’s high-speed settlement system. The firm aims to simplify global payroll processes by leveraging fast and efficient digital assets, strengthening Stellar’s position in blockchain-powered payments.
As the trend of businesses opting for digital dollar solutions accelerates, Stellar’s ecosystem is increasingly regarded as a viable platform for real-world financial operations.
While traditional markets depend on broker networks, Wall Street is undergoing a fundamental shift toward Web3. Investors are starting to manage shares of top US companies, gold, and silver directly from their crypto wallets on platforms like 1stepSwap. By tokenizing real-world assets and providing instant price discovery, these solutions remove intermediaries entirely and widen access to mainstream financial instruments.
Broader recovery in the crypto market, with Bitcoin also showing upward momentum, is contributing to XLM’s positive price action. Should trading activity continue to climb and support levels remain intact, XLM could maintain its trajectory toward the next resistance at $0.26.
Growth in enterprise activity, driven by Zebec’s USDC payrolls, appears poised to support further adoption of Stellar and reinforce its utility in institutional finance.
The increase in corporate USDC activity on Stellar not only underlines network expansion but may further solidify its standing as a credible platform for digital financial transactions.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
According to the official X account of AllScale, a self-custody stablecoin digital bank, the platform has launched the AllScale CLI command-line tool. A single installation enables users to perform stablecoin receiving, payments, and account reconciliation directly in the terminal. For receiving, one command sends a detailed invoice to any valid email address, supporting USDT or USDC, with no requirement for recipients to pre-register or establish a prior partnership. For payments, users only need to approve spending limits—including per-transaction caps, total budget, and validity period—once, after which the script can run unattended. Each payment creates and funds a Claim Link, so recipients don’t need to provide a wallet address; the process is idempotent, meaning failed tasks won’t result in duplicate payouts. Every command outputs JSON to standard output and returns 13 documented exit codes, letting scripts or AI agents automatically branch to handle results, eliminating the need for screenshots to verify pages. AllScale stated the CLI works in any environment that can run a shell, and it is now available on npm under the package name @allscale/cli.
Morgan Stanley: Expects gold prices to break above $5,000 by 2027
Morgan Stanley believes that after gold prices break above $4,450/oz, they could surpass $5,000 in 2027 or earlier. The bank said an improving macroeconomic environment is boosting demand for gold ETFs, as market expectations for Federal Reserve rate hikes gradually fade and the U.S. dollar weakens. Strong central bank buying and stronger physical demand are also providing further support for gold prices. Although long-term yields remain elevated, gold prices remain firm, which also indicates growing investor concern about fiscal risks, including high government debt and potential currency devaluation. Morgan Stanley expects the Federal Reserve to keep interest rates unchanged until 2026, but also warns that upcoming U.S. inflation data and remarks from Fed officials could fuel market volatility.
USDC Treasury newly mints 250 million USDC on Solana
USDC Treasury minted 250 million USDC on the Solana network.
Solana treasury company Solmate discloses purchase of another 1,000 SOL, pushing total holdings value past $100 million
Nasdaq-listed Solana treasury company Solmate Infrastructure announced that it bought another 1,000 SOL today. To date, its total SOL holdings have reached about 1.25 million SOL, with an estimated market value of around $102.2 million. In addition, Solmate clarified that although it has begun expanding into AI infrastructure, this strategic shift will not change its long-term commitment to the Solana ecosystem.
U.S. initial jobless claims last week came in at 206,000, below market expectations
U.S. initial jobless claims last week totaled 206,000, compared with an estimate of 210,000 and a previous reading of 209,000.
CryptoQuant founder: Bear market has ended, a new bull market cycle has begun
CryptoQuant founder Ki Young Ju posted: "Since Bitcoin hit an all-time high in October 2025, demand in spot and perpetual futures has turned positive for the first time. Although the scale is still small, if this persists for one month, it is reasonable to conclude that the bear market is over and a new bull market cycle has begun."
Pump.Fun cashes out another $6.3 million, deposits 72,000 SOL to Kraken
Pump.Fun cashed out another $6.3 million. Its fee address deposited 72,252.69 SOL, worth $6.303 million, to Kraken over the past 15 minutes. This is another large deposit after a one-week gap, possibly part of periodic selling.
All three major U.S. stock indexes open lower, crypto-related stocks rise
According to Bybit market data, U.S. stocks opened lower, with the Dow down 0.72%, the Nasdaq down 0.67%, and the S&P 500 down 0.38%. Crypto-related stocks broadly rose, with Strategy up more than 8%, Coinbase up more than 7%, and Circle up more than 5%. SK Hynix rose more than 3%, while JPMorgan expects SK Hynix may return at least $130 billion more to shareholders by 2027.
NYSE parent ICE plans to keep investing in Polymarket, having already committed more than $1.6 billion
Intercontinental Exchange, or ICE, said it will consider participating in a new financing round for prediction market platform Polymarket. ICE is the parent company of the New York Stock Exchange and has previously invested more than $1.6 billion in Polymarket. ICE CEO Jeff Sprecher said in a Bloomberg Television interview that if the company's participation could help complete Polymarket's current financing round, it would remain open to doing so, adding that its endorsement as an investor could provide support for the financing. Analysts believe ICE's previous large-scale investment in Polymarket is seen as an important attempt by a traditional exchange to position itself in new market infrastructure. If it continues to participate in this financing, it could further strengthen the connection between prediction markets and the mainstream financial system.
Trader holding HYPE for nearly a year is up $46.3 million, has cashed out $10 million
Trader "watershedpath" has held a long position in HYPE for nearly a year since October 2025. As the price of HYPE rebounded, the position's value increased from $55 million to $99.7 million. The trader has now gained $46.3 million on the position, and withdrew $10 million from the position to Coinbase last night.
"牛来" launch address has now issued 10 tokens, with fee income exceeding $130,000
According to GMGN data, the "牛来" launch address issued a new token called "金牛". The address has now issued a total of 10 tokens, with total fee income of 204.13 BNB, or about $131,000.
U.S. Treasury Secretary Bessent: Single Treasury buyback size cap could exceed the $4 billion already announced
U.S. Treasury Secretary Bessent said the per-operation cap on Treasury buybacks could exceed the $4 billion the Treasury has already announced, adding that the Treasury market has a powerful toolbox and that the United States can "grow its way out" of the debt burden. Note: The U.S. Treasury announced on the 19th that it will at least double the size of liquidity support buyback operations for long-term nominal coupon Treasuries in the 10-20 year and 20-30 year sectors. The per-operation cap will increase from the previous $2 billion to at least $4 billion. The adjustment takes effect on September 9, 2026, and applies to the remainder of the current quarterly refunding period through November 4, 2026.
U.S. CFTC Innovation Advisory Committee to meet today, focusing on crypto, AI and prediction markets
Crypto journalist Eleanor Terrett disclosed that the U.S. Commodity Futures Trading Commission's Innovation Advisory Committee will hold its first meeting today at 1 p.m. Eastern Time, focusing on cryptocurrency, artificial intelligence, prediction markets and other topics. Several industry executives who attended White House-related events yesterday will also attend the meeting, including representatives from the crypto industry, traditional finance, academia and the prediction market sector. The establishment of the Innovation Advisory Committee is seen as an important move by the CFTC to strengthen communication with emerging technology industries. The market expects the meeting to discuss frontier areas such as digital asset regulation, AI technology applications and prediction market development. As U.S. regulators continue advancing the digital asset policy framework, this meeting could provide new signals for the future direction of crypto market regulation.
Coinbase calls on X to restore Bitcoin emoji
Crypto exchange Coinbase posted on X: "Now seems like a good time to ask X again to bring the Bitcoin emoji back to the platform."
Analysis: Bitcoin’s recent rebound may be driven by easing U.S. Treasury pressure, with Fed liquidity expectations becoming key for the market outlook
Bitcoin’s sharp rally this week may have been driven mainly by easing pressure in the U.S. Treasury market. Earlier, the White House sent signals supporting stability in the U.S. Treasury market, easing investor concerns about bond market volatility. However, the longer-term trend still depends on changes in Federal Reserve liquidity policy. Analyst Pedro Fontes said that if the world’s largest debt market needs policy support to maintain stable functioning, it will further strengthen market demand for assets that are scarce, predictable, and not dependent on the logic of government debt expansion—characteristics that Bitcoin fits. Meanwhile, the dollar index fell 0.88% to 98.77 yesterday, its lowest level since May. Strive founder and CEO Matt Cole said the dollar index is in a long-term “structural downtrend,” and a weaker dollar could create a more favorable investment environment for assets such as Bitcoin. Today, the market will continue to watch for further White House statements on the bond market, changes in the geopolitical situation, and U.S. initial jobless claims data. These factors could affect U.S. Treasury yields and market liquidity expectations.
U.S. Treasury Bans ESG Funds From “Trump Accounts”
The U.S. Treasury Department said it has proposed common-sense, low-cost investment rules for “Trump accounts” and would prohibit ESG funds from appearing in them. The rules restricting ESG funds from Trump accounts run parallel to other rules that ensure low fees for account investment options, so that investors retain more funds. Note: ESG funds are funds that consider not only a company’s financial performance in investment decisions, but also incorporate environmental, social, and corporate governance factors into their screening criteria.
New Wave of Chip Price Hikes Hits; Semiconductor Companies Announce Price Increases in Quick Succession
AI’s “siphoning effect” on the semiconductor supply chain continues to intensify. Entering the second half of 2026, a new wave of chip price hikes is sweeping in with broader coverage and greater intensity. RF chip leader Maxscend has issued a price adjustment letter, announcing that it will implement new prices for its full range of RF products starting September 1. The next day, Nations Technologies followed suit, raising prices of some MCU products by 10% to 20%. Among major international manufacturers, STMicroelectronics (ST) will complete its third price adjustment of the year on August 23, while Analog Devices (ADI) will implement its second round of new prices starting September 13. From memory chips to MCUs, from RF front-end components to power semiconductors, and from analog chips to passive components, price increase letters are being issued rapidly. Compared with the wave of price increases in the first half of the year, this round’s most prominent feature is that the surge in AI computing demand has created a “siphoning effect” on mature-process capacity. Combined with rising supply chain costs, continued tightening of supply and demand, and expanding domestic substitution demand, these factors are pushing the semiconductor industry into an upward cycle of rising volumes and prices.
Analysis: Treasury Buyback Program May Improve Liquidity, Bitcoin Could Move Toward $180,000
Long-term bond market investor and macro strategist Mark Connors said the U.S. Treasury Department’s plan to regularly repurchase long-term Treasury bonds could become an important catalyst for Bitcoin’s next rally and create conditions for BTC to move toward the $180,000 target. U.S. Treasury Secretary Scott Bessent said Thursday that the government expects to carry out regular long-term Treasury buyback operations and may expand their size above the previously announced $4 billion program. Bessent said the government hopes to use these tools to stabilize the bond market and ensure that yield levels reflect economic fundamentals. After the news, Bitcoin prices climbed further, briefly approaching $73,000. Connors believes the Treasury’s intervention in the bond market is an important signal that the government is responding to pressure from rising long-term borrowing costs. He said higher U.S. Treasury yields attract capital to the Treasury market, thereby weakening inflows into risk assets, including cryptocurrencies. If buyback operations support bond prices and push down yields, they could ease the macro pressure on Bitcoin.
South Korean President Lee Jae-myung Meets SK Chairman Chey Tae-won, May Discuss “Three Super Projects” Related to Semiconductors and AI
South Korean President Lee Jae-myung met with SK Group Chairman Chey Tae-won on Thursday. The two are reportedly likely to discuss South Korea’s “three super projects,” with a focus on the development of the semiconductor and artificial intelligence (AI) industries. Sources said Lee Jae-myung and Chey Tae-won exchanged views during dinner, and the discussion may have covered issues related to the “three projects,” including SK Hynix’s investment plans in southwestern South Korea. The meeting came as the market is paying close attention to investment trends in South Korea’s semiconductor industry. Some believe the United States may ask South Korea to increase investment in the U.S. semiconductor industry as part of Seoul’s investment commitments to the United States. However, South Korean Minister of Trade, Industry and Energy Kim Jeong-kwan said that day that South Korea and the United States have not yet discussed related matters. Lee Jae-myung and Chey Tae-won previously met last month at an AI summit held in San Francisco. South Korea’s presidential office said it could not confirm the undisclosed schedule and therefore could not disclose details of the meeting.
Franklin Templeton Completes First Collateralized Fund Obligation Financing, Raises $1.5 Billion to Expand in Private Markets
Asset management giant Franklin Templeton announced that its first collateralized fund obligation (CFO), Franklin Templeton Structured Solutions 2026, L.P., has successfully completed fundraising, attracting a total of $1.5 billion from global investors. Evercore served as structuring advisor and placement agent for the transaction, and Simpson Thacher & Bartlett LLP served as legal counsel to the issuer. Franklin Templeton said the successful CFO issuance has established a new capital-raising channel for its private markets platform, helping it seize growth opportunities in demand for structured private investments and further expand to investor groups including registered investment advisers (RIAs), family offices, insurance companies, and wealth management institutions. Franklin Templeton Investment Solutions (FTIS) will serve as collateral manager for the transaction, responsible for portfolio construction, liquidity management, and risk control. As of July 31, 2026, Franklin Templeton’s alternative assets under management reached $295 billion. Its alternative investment platform spans private equity secondaries under Lexington Partners, private real estate under Clarion Partners, private credit under Benefit Street Partners, Franklin Ventures, and digital asset-related businesses, among other areas.
Bitcoin Technicals Strengthen: If Golden Cross Is Confirmed, a New Rally Cycle May Begin
Bitcoin’s upward momentum has strengthened recently and is approaching a technical formation widely viewed by the market as a long-term bullish signal. Currently, Bitcoin’s 50-day moving average is around $63,976, and its 200-day moving average is around $69,005. If the 50-day moving average continues to rise and breaks above the 200-day moving average, the market may see a golden cross signal. The 200-day moving average is usually used to gauge an asset’s long-term trend. Sustained trading above this indicator is often seen as a signal that the market is shifting from a bear market to a bull market. Conversely, falling below the 200-day moving average may indicate that the long-term trend is weakening. Previously, Bitcoin had been below its 200-day moving average since October 2025, when BTC was priced at around $110,000, keeping the long-term trend under pressure. Historical data shows Bitcoin formed golden crosses in February 2023, October 2023, October 2024, and April 2025, and each was followed by further gains. However, a golden cross is usually confirmed only after prices have already risen, so some investors may have missed the early gains. Analysts caution that the current rise may still be only a technical rebound, rather than the start of a new long-term bull market. If Bitcoin later falls sharply below the 200-day moving average, the bullish logic from the golden cross may be invalidated.
Anthropic Reportedly to File IPO Application as Early as August; IPO Size Expected to Match or Exceed SpaceX Record
People familiar with the matter said artificial intelligence company Anthropic expects its IPO size to match or exceed the record set by SpaceX. As the AI company accelerates its listing preparations, a mega IPO is taking shape. The people said Anthropic is working on relevant calculations and preparing to publicly file for a potentially large-scale IPO as early as the end of this month. They added that recent investor communication meetings hosted by Chief Financial Officer Krishna Rao avoided the question of valuation. Data shows that rocket and satellite company SpaceX raised $75 billion in its IPO, making it the largest initial share sale in history. Because the so-called overallotment option was exercised, the figure ultimately rose to $86.2 billion. That mechanism is typically activated when the stock rises shortly after its market debut. Anthropic’s target reflects how leading AI companies are reshaping the technology investment landscape in an extremely short period. Earlier reports said Anthropic’s preliminary second-quarter revenue exceeded $11.5 billion, compared with only $787 million in the same period in 2025. As of the end of July, the company’s annualized revenue run rate had reached $65 billion. Separately, sources said Anthropic is planning to bring in Citigroup to join the main underwriting group for its initial public offering. If that happens, Citi would serve as a core underwriter alongside Morgan Stanley, Goldman Sachs and JPMorgan.
Nearly 2,000 WordPress Sites Hacked, Used to Steal Crypto Wallets and Deploy Ransomware
Cybersecurity firm Check Point Research found that hackers breached nearly 2,000 WordPress-built websites and used them to distribute malware, steal crypto wallet files, and deploy ransomware. The malicious operation, named StopAndProtect, was first discovered in mid-May. Hackers used fake CAPTCHA prompts on compromised sites to trick Windows users into running PowerShell commands, installing malware that can steal credentials and crypto wallet seed phrases, spread over networks and USB, lock screens, and deploy ransomware. Researchers said the hackers made a basic operational mistake—exposing internal files, including infection logs, screenshots of victims’ computers, and source code for managing hacked websites, allowing security teams to gain deep insight into how the operation worked. As of July 24, more than 6,000 unique IP addresses had been compromised, including 1,852 in the United States and 630 each in Russia and India. Researchers collected more than 31,000 screenshots and over 700 data archives containing passwords and crypto wallet files between mid-May and the end of July.
US Charges Iranian Hackers with Hacking HBO Website, Stealing Academic Data and Attempting $6 Million Bitcoin Extortion
The U.S. Department of Justice has charged 17 hackers allegedly affiliated with Iran’s Mabna Institute, accusing them of participating in years-long cyberattack campaigns, including hacking the U.S. cable network HBO in 2017, stealing data, and then demanding about $6 million in bitcoin as ransom. Prosecutors said the group carried out hacking operations for Iran’s Islamic Revolutionary Guard Corps and other Iranian government clients, targeting hundreds of universities, companies, and government agencies worldwide and stealing at least 31.5 TB of academic data and intellectual property. The group also targeted more than 100,000 professor accounts globally, compromising about 8,000 accounts at 144 U.S. universities and 178 foreign universities. The U.S. State Department offered a reward of up to $10 million for information on the whereabouts of five of the defendants. In recent months, the U.S. Treasury Department has sanctioned multiple Iranian crypto exchanges and frozen more than $131 million in crypto assets linked to Iran’s central bank and the Islamic Revolutionary Guard Corps.
US CFTC Chair: Even If CLARITY Act Fails, Crypto Industry Will Still Get Market Structure Rules
U.S. Commodity Futures Trading Commission Chairman Michael Selig said that even if Congress fails to pass the CLARITY Act, the crypto industry will still get market structure rules. Selig said the CFTC is evaluating multiple crypto rules and has significant authority to act under existing regulations, and is exploring a new CFTC-regulated platform called a “crypto asset market.” Selig said legislation is “the most reliable way to lock in crypto market structure,” but “if we have to use existing authority to write rules without legislative support, we will do so.” In addition, the CFTC is studying rules for prediction market event contracts and has opened a public comment period for AI compute futures. Selig called compute “the most important commodity of our time” and said updates are expected in the coming months.
CME CEO, US CFTC Chair and Kalshi Executive Clash Over Prediction Market Regulation
At a meeting of the U.S. Commodity Futures Trading Commission Innovation Advisory Committee, Chicago Mercantile Exchange CEO Terrence Duffy clashed with CFTC Chairman Michael Selig and Kalshi Chief Operating Officer Luana Lopes Lara over prediction market regulation. Duffy said some prediction market contracts are vulnerable to manipulation, specifically mentioning possible manipulation in contracts tied to Trump’s State of the Union address and Venezuelan President Maduro’s removal. Selig immediately interrupted, saying those products are not listed in the United States and calling the claim “false information.” Duffy shot back, “We can debate it, I’m happy to.” The two also sparred after the Kalshi COO asked whether CME faces market manipulation. Duffy said, “I have more people in my regulatory department than you and your entire company,” Lopes Lara responded, “Maybe you should learn about efficiency,” and Duffy countered, “Maybe you should learn what a credible market is.” The clash comes as federal and state regulators battle over authority to regulate prediction markets; the CFTC has sued multiple states and proposed a draft regulatory framework.
Broadcom Reportedly Seeking Over $60 Billion in Debt Financing to Help Anthropic and Others Access AI Compute
According to Global Market Report, people familiar with the matter said Broadcom is in talks with a group of lenders to raise more than $60 billion in debt financing for an AI chip financing deal that would benefit companies including Anthropic PBC. Some of the people said the financing package is still being finalized and may include about $30 billion in subordinated debt. The people asked not to be identified because the discussions are private. Some of the people said that under the proposed plan, Broadcom would provide partial guarantees for about $60 billion to $70 billion in senior secured debt. Under the terms currently being discussed, total financing could reach up to $100 billion. The deal would further fuel the AI infrastructure financing boom, as AI companies such as Anthropic are increasingly involved in building infrastructure to ensure sufficient computing resources. Meanwhile, Broadcom hopes to sell more AI chips and other data center equipment, competing with Nvidia in this lucrative market.
Two Binance Employees Recently Detained by UAE Police, Both Now Released
Two Binance employees were recently detained in the UAE in connection with a police investigation into potential financial crimes on the platform. One mid-level employee was stopped at Sharjah airport this month, taken to a police station, and detained overnight; another executive at the Dubai subsidiary was questioned by police in July. A Binance spokesperson said in a statement: “Recently, a small number of employees were asked to provide standard statements to local authorities as part of routine investigations involving third-party fund flows. Our employees were never the targets or subjects of these investigations, and all employees who provided statements were quickly cleared and released.”
Changpeng Zhao: Tokenization Is One of the Best Ways to Attract Foreign Direct Investment, Calls for ‘Tokenizing Everything’
Binance founder Changpeng Zhao posted a call to “tokenize everything,” saying tokenization is one of the best ways for countries to “raise funds” or attract foreign direct investment. “Which country or company wouldn’t want to sell its tokenized shares to the world?” He supports tokenization on all blockchains. Although this creates “liquidity fragmentation” problems, it is the fastest way for the industry to grow; if different issuers achieve a high degree of interchangeability, the fragmentation problem can be partially resolved. Zhao also reposted BNB Chain data showing that RWA holders on BNB Chain reached 776,000, up about 370% in 30 days.
Grayscale: Zcash Privacy Features May Become Essential in the AI Era; if Market Share Rises to 5%, Value Could Increase 9x
Grayscale released a research report on Zcash, noting that as AI development brings new financial surveillance tools, Zcash’s privacy features may become a necessary function in the AI era. Zcash uses zero-knowledge proofs to enable shielded transactions, hiding the sender, recipient, and amount, with cash-like privacy properties. Currently, shielded transactions account for about 90% of Zcash transaction volume, and shielded supply is about 4.2 million ZEC, or 25% of circulating supply. Grayscale noted that Zcash’s market cap is about $8 billion, just 0.6% of its “currency crypto assets” category, which has a total market cap of $1.4 trillion. If its share of that category reached 5%, ZEC’s value would be nine times its current level. The report argues that the market’s current valuation of Zcash reflects the assumption that “privacy will remain marginalized”; if investors ultimately conclude that privacy should command a moderate premium, the current valuation may be underestimated. On risks, the report mentions long-term risks such as regulation and quantum computing, but believes Zcash’s shielded technology and selective disclosure tools offer a path to compliance.
A Whale That Bought 10,500 ETH Has Fully Exited, Making $3.7 Million in a Month
A whale that bought 10,501 ETH at $1,904 one month ago has now fully exited, selling 5,250 yesterday and 5,250 early this morning at an average price of $2,257, converting back to 23.7 million USDC, for a one-month profit of $3.7 million.
Trader fails all 8 BTC and ETH shorts, losing $3.28 million
Trader 0x004E’s BTC short position was fully liquidated. Over the past two days, all eight of his short trades on BTC and ETH failed, with cumulative losses of $3.28 million.
Upbit will list BICO, BMT, NIL, and GWEI tokens on BTC and USDT markets
South Korean crypto exchange Upbit will list BICO, BMT, NIL, and GWEI tokens on its BTC and USDT markets. Trading will begin at 13:00 local time on August 21.
Hacker buys another 3,386 ETH, spending $46.49 million on ETH over the past two days
A hacker spent another 7.954 million USDC to buy 3,386 ETH six hours ago. Over roughly the past day or so, the hacker has spent a total of 46.49 million USDC to buy 21,659 ETH at an average price of $2,146, with an unrealized profit of $4.14 million.
GalaChain pauses bridges over $2.9 million security incident; 82% of affected funds came from CEO-linked wallet
On Tuesday, GalaChain experienced an abnormal asset outflow incident in which 1.99 billion GALA (about $2.9 million) and other tokens were transferred from five main addresses to a new wallet, and GALA was bridged and swapped for ETH within about an hour. About 82% of that total, or 1.639 billion GALA, came from a wallet linked to Gala CEO and co-founder Eric Schiermeyer. That wallet also saw about $500,000 in other tokens flow out. Hours after the incident, Gala developers submitted a fix on GitHub, characterizing it as a GalaChain EIP-712 unsigned field injection vulnerability. Gala has currently paused the Ethereum and Solana bridges, officially saying it is conducting "maintenance"; GalaChain and its CEO have not yet responded to requests for comment. Earlier on August 19, news that a new wallet had received about 2 billion GALA caused the token price to fall sharply.
XCAD Network announces it is gradually shutting down; products and services will stop being maintained
XCAD Network announced it is gradually winding down operations, has no remaining funds, and its products and services will stop being maintained; its accounts have remained silent since April. The team is considering making the code public so the community can run it themselves, but stressed that this does not represent a continuation or restart of the company. XCAD Network said: "The company operated for five years and was one of the few projects to last this long without a Tier 1 exchange listing. Fan tokens never really took off after retail left the space, the attempt to pivot to AI influencers also did not succeed, and there was not enough capital to continue." Previously in May 2021, NFT issuance and trading platform XcadNetwork completed a $3.9 million private funding round led by Zilliqa.
Strategist: U.S. Treasury's regular long-term Treasury buyback plan may push Bitcoin toward $180,000
Macro strategist Mark Connors said the U.S. Treasury Department's plan to regularly buy back long-term government bonds could become a key turning point for Bitcoin, easing a major macro pressure that had previously suppressed the crypto market. Treasury Secretary Bessent said the buyback size may exceed the previously announced $4 billion. Connors believes this is an important signal that the U.S. government is responding to pressure from rising long-term borrowing costs, and expects the buyback size may ultimately reach $10 billion to $30 billion per month. As a result, he changed his outlook on Bitcoin, no longer believes it must wait until November for a rally, and raised his target price range to $180,000 to $360,000. The threshold of first touching $180,000 may appear after regulatory policy easing. In addition, Charles Schwab crypto research director Jim Ferraioli pointed out that there is a large concentration of leveraged short positions near the $72,000 level, and if Bitcoin breaks above that level it could trigger a short squeeze. However, Connors warned that if the CLARITY Act fails to make progress around September 15, Bitcoin could pull back from $72,000.
21Shares: Bitcoin seller exhaustion indicator falls to extremely low levels not seen since 2010
21Shares posted on X that Bitcoin's seller exhaustion indicator is currently about 0.007, within the lowest 0.3% of all readings since 2010. Historically, the indicator has only reached such low levels 11 times, and in all previous cases prices rose one year later, with a median gain of 155%. The firm noted that this is not necessarily a bottom call, because past cases did see some short-term downside before ultimately turning around.
SharpLink staked another $91 million in ETH 4 hours ago
SharpLink Gaming staked another 39,319 ETH ($91 million) four hours ago.
Bitcoin miners invested billions in AI in first half, with capital expenditure more than 15 times revenue
BlocksBridge Consulting's latest report shows that in the first half of 2026, nine publicly listed Bitcoin miners spent $5.11 billion in capital expenditure on AI and high-performance computing (HPC) businesses, while related revenue over the same period was only $340 million, an input-output ratio of about 15:1, highlighting the huge upfront investment required for the transition. Across a sample of 15 miners and AI data center companies, total capital expenditure in the 2026 reporting period reached $30.7 billion, up 42.6% from full-year 2025. Although investment far exceeded revenue, AI and HPC revenue is still accelerating, with the nine miners' second-quarter revenue rising 52% quarter-over-quarter to $206 million, led by Core Scientific, TeraWulf, and Bitdeer. BlocksBridge noted that while miners have advantages in electricity and land, converting these into AI-ready capacity still requires substantial investment in substations, cooling systems, network equipment, and GPUs.
"7 Siblings" sold 9,000 ETH for 21.04 million USDC over the past 6 hours
The whale or institution "7 Siblings" has an investment strategy of buying the dip when ETH falls more than 10% in a short period, and selling when it rises more than 10% in a short period. It bought after declines of more than 10% in February and June this year, with a June purchase price of $1,789. After ETH rose more than 20% over the past day and a half, it began selling. In the past six hours it sold 9,000 ETH for 21.04 million USDC at an average price of $2,338.
Matrixport-linked whale's ETH and BTC positions turn profitable after 4 months, with $11.5 million unrealized gain
After holding for four months, the Matrixport-linked whale's long positions of 120,000 ETH ($187 million) and 500 BTC ($29.33 million) swung from an unrealized loss of $92.5 million to an unrealized profit of $11.5 million.
Bithumb will list NEXO token on the KRW market
South Korean crypto exchange Bithumb will list the NEXO token on the KRW market, with trading expected to open at 13:00 local time.
If Bitcoin rises about $800 more, Strategy will break even; current unrealized loss narrows to $685 million
If Bitcoin rises by about another $800, Strategy will break even, as its cost basis is approximately $75,385. Its unrealized loss has now narrowed to $685 million from $9.904 billion a few days ago, recovering about $9.219 billion. BitMine’s unrealized loss on its ETH holdings has also narrowed to $5.879 billion from $8.513 billion, recovering about $2.634 billion.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Elon Musk-owned social media platform X is exploring using stablecoins, including Circle-issued USDC, to pay content creators their earnings. Sources familiar with the matter revealed that X is in discussions over how to use stablecoins to distribute content royalty revenues to influential users on the platform. The source added that the negotiations are still ongoing, and they are also involved in another social media platform’s project testing stablecoin-based commission payments to influencers and creators. X has not yet commented on the matter. Stablecoins, whose total market capitalization currently exceeds $300 billion, have become a key tool in blockchain payments, enabling faster, lower-cost cross-border transactions. Musk’s SpaceX has already used stablecoins in some markets to process cross-border payments for its Starlink satellite internet services. In March this year, X hired crypto industry veteran Benji Taylor as head of design, overseeing business related to X, xAI, and SpaceX. Taylor previously led the design of Coinbase’s Base blockchain network and has expertise in wallets and decentralized finance (DeFi). Additionally, X is adjusting its creator incentive system, phasing out its long-running Revenue Sharing program in favor of the new Original Content Rewards Program, which aims to reward creators who contribute original insights, expertise, reporting, creative content, and commentary to the platform.
Billionaire founder Elon Musk’s X is exploring stablecoins as a new way to pay creators, with Circle’s USDC reportedly among the options being considered. The move will change how X sends rewards to its global creator base while also bringing crypto payments closer to Musk’s wider plan to turn X into an everything app.
X Could Replace Traditional Creator PaymentsAs per the sources, X is looking at stablecoins such as USDC to pay royalties and rewards to influencers and content creators.
The move comes as X works on its Original Content Rewards Program, which is replacing its older ad based reward system.
Instead of mainly paying based on views and ad income, the new program aims to reward users for original reporting, ideas, and creative content.
Stablecoins could make these payments easier, especially for creators living outside the U.S.
Why USDC Could Fit X’s PlanX has a global creator base, making traditional bank payments harder and more costly. Meanwhile, cross border transfers can take time and may also come with high fees.
Stablecoins could allow X to send smaller payments faster and across borders without relying fully on local banking systems.
While the total stablecoin market has grown to more than $301 billion, showing how widely digital dollars are now being used for payments and transfers.
If X chooses USDC, it would also give Circle another major use case for its stablecoin.
Stablecoin Payment Plan Even Fits Musk’s X VisionThe stablecoin idea also fits Musk’s plans for X. Musk has repeatedly talked about turning X into an “Everything App” where users can communicate, shop, and manage money from one platform.
That plan is already moving forward through X Money, which is being built as X’s payments system. The company has secured payment licenses in the U.S. and partnered with Visa on digital wallet services.
SpaceX has used stablecoins for some Starlink payments in emerging markets, showing that Musk’s companies are already exploring crypto for cross-border transactions.
X Has Not Confirmed the Plan YetDespite the growing talks over Elon Musk’s opting for stablecoins for payment, X has not officially announced a USDC based creator payment system.
The company has not revealed how the system would work, when it could launch, or whether USDC will ultimately be selected.
For now, the plan remains unconfirmed.
Story Ends Here
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Elon Musk’s X is investigating the possibility of using stablecoins for creator rewards. The platform, according to one person close to the plans, is in discussions regarding Circle Internet Group’s USDC stablecoin for payments to key users.
Elon Musk’s X Explores Stablecoin Payments For Creators The talks are continuing on using stablecoins for creator rewards on X. The source also revealed working with other social media platforms testing stablecoins for influencer payments. However, X has not made any official statement on the matter as of yet.
For further context, stablecoins are now a significant component of blockchain transactions. The market value of their combined businesses has even surpassed $300 billion. They are also being utilized for cross-border transfers. The technology could also make cross-border transfers of money faster for businesses.
X’s move is in line with the platform’s transition to a different creator payment structure. The Elon Musk-led company will be replacing its old Revenue Sharing program with the Original Content Rewards Program.
This new program is tailored to “reward creators who bring original ideas, expertise, reporting, creativity, and commentary to X,” the company stated, per a CoinDesk report.
The latest proposed system is focused on original content. It includes reporting, commentary, creative work and expertise.
The potential use of a stablecoin will provide X with another payment alternative for creators around the globe. The discussion continues on the stablecoins that are being considered, including USDC.
Musk’s Businesses Already Use Crypto Payments Moreover, crypto has already been implemented in some payments for some of Elon Musk’s other ventures. For instance, USD-pegged stablecoins and Dogecoin are used for some of SpaceX’s cross-border payments from Starlink customers in emerging markets.
Additionally, X has added crypto expertise to its leadership team. Musk added Benji Taylor to the head of design position at X in March. He also has a stake in xAI and SpaceX.
For context, Taylor was previously the lead designer for Coinbase’s Base blockchain network. He is a seasoned expert in crypto wallets, decentralized finance, and much more.
With stablecoins gaining momentum in crypto trading, the discussions via Elon Musk’s X team come as no surprise. Other social media platforms are also looking into the possibility of payments from creators and commissions.
For prediction market data, visit our page on Prediction Markets.
Key Highlights Elon Musk’s X platform is exploring stablecoin integration, with Circle’s USDC as a primary candidate for creator payments The initiative aligns with X’s newly launched Original Content Rewards Program, which moves away from ad-driven compensation Global payment efficiency drives the stablecoin consideration, offering lower costs and faster transaction speeds internationally Musk’s SpaceX has already implemented stablecoin payments for Starlink subscriptions in developing regions No official announcement or timeline has been released by X regarding the implementation Elon Musk’s social networking platform X is reportedly considering the implementation of stablecoin-based payments for content creators and influencers. Sources close to the matter indicate that Circle’s USDC stablecoin is currently under evaluation as a potential payment solution.
Elon Musk’s X is reportedly exploring stablecoin payments for creators: The platform is in talks around using stablecoins such as Circle’s USDC to pay royalties to influencers and content providers. pic.twitter.com/uxVLrEe75N
— Wall St Engine (@wallstengine) August 20, 2026
These discussions remain in progress, with X declining to provide official confirmation or commentary when approached for verification.
This potential shift correlates with X’s recently introduced Original Content Rewards Program. The new initiative replaces the platform’s previous Revenue Sharing model, which compensated creators based on advertisement impressions and user engagement metrics.
Under the revamped program, compensation focuses on rewarding original thought leadership, journalistic contributions, creative expression, and insightful commentary. This represents a strategic pivot from advertising-dependent revenue toward quality-centric content valuation.
The Strategic Advantage of Stablecoin Integration Implementing stablecoins would enable X to streamline international payments to its global creator community. Conventional banking transfers often involve significant delays and fees, particularly for micropayments to creators located outside U.S. borders.
Stablecoins facilitate rapid international transactions while bypassing traditional banking infrastructure limitations. The stablecoin ecosystem has expanded to exceed $300 billion in total market capitalization, demonstrating their increasing adoption for payment applications.
Should X proceed with USDC integration, it would represent a significant adoption milestone for Circle. The stablecoin issuer’s recent public market debut has intensified scrutiny of its position within the digital payments landscape.
Elon Musk’s Expanding Payment Ecosystem Musk’s ventures have previously leveraged stablecoin technology. SpaceX currently accepts stablecoin payments from Starlink subscribers in developing markets, where traditional currency stability and banking infrastructure present challenges.
Simultaneously, X continues developing its proprietary payment infrastructure through its X Money division. The company has obtained necessary payment processing licenses across the United States and established a partnership with Visa for digital wallet functionality.
In March, X appointed Benji Taylor as design director, a role spanning X, xAI, and SpaceX operations. Taylor’s previous experience includes leading design initiatives at Coinbase’s Base blockchain platform, with extensive expertise in wallet development and decentralized finance applications.
Taylor’s recruitment suggests X’s commitment to integrating cryptocurrency-native financial infrastructure throughout the platform.
Musk has repeatedly articulated his ambition to transform X into a comprehensive “everything app” where users can engage in communication, commerce, and financial transactions within a unified ecosystem. A stablecoin-powered creator compensation mechanism would align seamlessly with this strategic objective.
Currently, X has not disclosed an implementation timeline or confirmed which stablecoin will ultimately be selected for deployment.
AEON brings USDC payments to physical stores across five markets@AEON_Community has launched a $USDC payment gateway at physical retail locations across the Philippines, Brazil, Mexico, Argentina, and Africa. The deployment runs on @0xPolygon technology, enabling instant settlement at the point of sale through familiar interfaces such as QR codes and mobile wallets.
The partnership between AEON and Polygon has been building since mid-2025, with the two companies working to bring crypto payments to more than 20 million retail locations spanning Southeast Asia, Latin America, and Africa. The AEON Pay interface supports payments in $USDC and $POL at merchant checkouts, covering use cases from dining and lifestyle to everyday shopping.
Polygon's infrastructure is well suited to retail-scale payment volumes. Blocks settle in roughly two seconds and network fees average fractions of a cent, keeping the cost of small-value transactions minimal. The network has also built out meaningful off-ramp coverage in Brazil, Argentina, and Mexico, meaning merchants can receive settlement in local fiat currency without needing to manage blockchain complexity directly.
The choice of markets is deliberate. Almost 50 percent of all stablecoin transfers in Argentina already use USDC, according to data from analytics firm Artemis, reflecting strong grassroots adoption of dollar-pegged assets in economies exposed to currency volatility. Brazil and Mexico, two of Latin America's largest economies, have also seen stablecoin rails gain traction as businesses look to reduce cross-border transaction costs.
AI agents are the next target use caseBeyond everyday consumer payments, the integration has been designed with autonomous AI agents in mind. @AEON_Community has been developing a framework that allows AI-powered agents to shop and settle payments independently, both online and at physical retail locations via QR code. The Polygon-based $USDC gateway is positioned as a key part of that infrastructure, giving agents a stable, low-cost settlement layer for real-world commerce.
AEON's AI Payment feature deploys agents that can search, compare products, and execute purchases without human intervention, including QR code-based payments in physical stores. Routing those transactions over Polygon's network means near-instant finality at minimal cost, which is a practical requirement for agent-driven workflows that may involve high transaction frequency.
The deployment adds to a broader wave of stablecoin-powered retail infrastructure being built on Polygon. The network's payments volume has grown sharply over the past year, driven by a combination of fintech partnerships, rising stablecoin demand in emerging markets, and the expanding role of programmable money in automated business operations.
Sources:
AEON Partners with Polygon to Bring $POL and USDC Crypto Payments to 20 Million Stores - Coinfomania
Polygon USDC Transfers Surge 141% Amid Stablecoin Payments Push - Yahoo Finance / DL News
AEON Launches AI Payment for Autonomous Crypto Payments - Crypto.news
X is considering a new way to pay its creators. Elon Musk”s platform is discussing the use of stablecoins, including Circle”s USDC, to distribute the revenues generated by their content. No official launch yet. Discussions come as X abandons its old revenue sharing program to deploy a new one.
In brief X studies stablecoins to pay content creators. USDC is among the assets considered in the discussions. X is gradually replacing its old Revenue Sharing with a new rewards program. Crypto Gets Even Closer to X Elon Musk has been working for several years to transform X into a financial platform. Its service X Money has already started its rollout in the United States, without officially integrating cryptocurrencies yet.
Stablecoins could change this. X is in talks with payment players to determine how these assets could be used to pay creators” revenues. Circle”s USDC is among the options mentioned.
Discussions are ongoing. X has not yet announced any definitive partner, timeline, or chosen stablecoin. The idea comes as the platform is completely changing its payment system. The old Revenue Sharing is gradually disappearing in favor of the Original Content Rewards Program.
The new program targets creators who publish original ideas, analysis, reporting or commentary. They could soon receive their money in crypto.
Stablecoins Solve an Old Problem X pays creators in several countries. Sending money at this scale requires managing banks, local currencies, delays and fees related to international payments.
Stablecoins offer another path. A USDC can circulate on the blockchain without waiting for banking hours. The recipient can then keep it, transfer it or convert it into their local currency.
Tech giants are already eyeing this track. In 2025, Apple, Google and X explored the use of stablecoins in their payment systems. Musk also knows the system through another company. SpaceX already uses stablecoins for certain cross-border payments related to Starlink, especially in markets where banking infrastructure complicates fund movement.
X could therefore reuse a mechanism already tested in its own group. The platform also hired Benji Taylor in March. This former head of design for Base at Coinbase now works on products for X, xAI and SpaceX. His background notably includes wallets and decentralized finance. The rapprochement is no longer theoretical.
X Is Still Searching for Its Creator Model The change goes beyond the choice of payment method. X has been looking for several years for a stable formula to compensate those producing content on the platform. The first program notably relied on advertising revenue generated around posts.
The new system aims to directly reward content quality more. Stablecoins would come at the end of this chain. For a creator based outside the United States, receiving a dollar-backed asset can also simplify payment. Western Union already follows this logic with Stablecard, its service allowing to receive and spend stablecoins in several dozen markets.
X nevertheless has a different advantage: its audience. The platform can bring publication, audience, payment and compensation together in one place. Several answers are still missing. It is unknown which countries could access crypto payments, how conversions would work, and if X Money will directly host these stablecoins. For now, X is discussing. But Elon Musk is getting closer to his old project once again: making the app more than just a social network. And this time, crypto could finally enter payments.
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Lydie M.
Enseignante et ingénieure IT, Lydie découvre le Bitcoin en 2022 et plonge dans l’univers des cryptomonnaies. Elle vulgarise des sujets complexes, décrypte les enjeux du Web3 et défend une vision d’un futur numérique ouvert, inclusif et décentralisé.
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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Elon Musk’s social media platform X is evaluating the option of using stablecoins for payments to content creators.
According to CoinDesk, citing sources, X is in talks to pay content creators for their content on the platform in stablecoins, primarily USDC.
According to a source close to the matter, discussions are still ongoing and no details have been released regarding whether the plan will be accepted or when it might be implemented.
The Era of USDC Payments May Begin! If the plan is implemented, X could enable content creators worldwide to receive payments more quickly and digitally. Experts believe that the use of stablecoins, especially in cross-border payments, could provide an alternative to traditional payment systems.
In this context, the article states that the ability of stablecoins to be used for fast and low-cost cross-border payments is one of the main reasons for X’s interest.
The report also mentions that SpaceX, another company owned by Elon Musk, uses stablecoins in some countries for cross-border Starlink payments.
In conclusion, the company’s plan regarding stablecoin payments is not yet finalized. However, X’s consideration of using digital dollars like USDC for content creator payments is seen as a new signal that the use of stablecoins in everyday digital payments may expand.
*This is not investment advice.
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Elon Musk’s X has begun exploring USDC and other stablecoins as possible payment methods for creators while preparing to replace its existing revenue-sharing system.
Summary
X is discussing stablecoin payouts but has not selected a token or confirmed a launch. Circle’s USDC is among the payment options being considered for creator rewards. Original Content Rewards will replace X’s Revenue Sharing program on Sept. 8. U.S. stablecoin payments will operate under rules created by the GENIUS Act. CoinDesk reported on Thursday that X is discussing whether to pay creators and other content providers with stablecoins, citing a person familiar with the plans.
Circle Internet Group’s USDC is one of the digital tokens under consideration, although X has not chosen a payment method or disclosed when it could introduce stablecoin payouts. Talks remain active, according to the source, who also works with other social media companies testing stablecoins for influencer commissions.
X did not respond to CoinDesk’s request for comment, leaving the possible payment structure, supported countries and blockchain networks unconfirmed. The report also did not state whether creators would receive stablecoins by default or select them as an alternative to bank payments.
A stablecoin option could allow X to use one dollar-linked asset for creators in several countries, rather than arranging separate transfers through each local banking system. Any practical benefit would still depend on the networks, wallets, conversion services and withdrawal rules selected by the company.
USDC is designed to maintain a one-to-one value with the U.S. dollar and can move across several public blockchains. Circle says the token is issued through its regulated affiliates and backed by reserves intended to support redemption at its stated value.
The reported discussions come as the combined stablecoin market has exceeded $300 billion. While digital dollars remain widely used for crypto trading and settlement, payment companies and online platforms have also begun testing them for contractor, customer and creator payouts.
Original Content Rewards changes how X pays users Alongside the stablecoin talks, X is preparing to end its Revenue Sharing program and replace it with Original Content Rewards on Sept. 8. The current system will continue through Sept. 7, according to the company’s published schedule.
X said the replacement program is designed to “reward creators who bring original ideas, expertise, reporting, creativity, and commentary to X.”
Under the announced eligibility rules, creators must have at least 500 verified followers and record at least 500,000 Home Timeline impressions from verified users during the previous 90 days. Users must also meet the platform’s other monetization requirements.
Payments will be based on qualified impressions from Premium subscribers viewing eligible original posts in the Home Timeline. X defines a qualified impression as a unique view in which at least half of the post appears on screen.
Eligible material can include original reporting and analysis, user-produced videos and photographs, graphics, illustrations, memes and meaningful commentary. Reposted work, copied material and posts designed mainly to manipulate engagement are not meant to qualify under the revised system.
The company has not said whether stablecoin payments, if adopted, would arrive with the Sept. 8 rewards launch or be added later. No details have been released about wallet support, conversion fees, custody arrangements or how creators could recover funds sent to an incorrect address.
Stablecoin transfers can differ from conventional payouts because blockchain transactions are generally irreversible after confirmation. A platform offering the option would therefore need to decide how it verifies wallets, handles failed transfers and assists creators who lose access to their accounts.
X Money has already added U.S. payment services X’s interest in stablecoins follows the introduction of financial services inside its main social platform. In July, the company launched X Money for Premium and Premium+ subscribers in the United States, offering deposit accounts, instant transfers and a Visa debit card.
X Money allows eligible users to send funds to other X accounts without transfer fees. Its deposit accounts advertise annual yields of up to 6%, while qualifying purchases made with the X Card can earn 3% cashback.
Cross River Bank provides the banking infrastructure behind the service and holds customer deposits. Funds held directly by the bank can receive Federal Deposit Insurance Corporation protection of up to $250,000, while an optional sweep arrangement can distribute deposits among participating banks and provide eligible users with up to $10 million in aggregate pass-through coverage.
X Payments itself is not a bank or an FDIC-insured institution. The company also had not announced support for Bitcoin, Dogecoin or any stablecoin when it introduced X Money, making the reported creator-payment talks a separate potential use of digital assets.
Crypto experience entered X’s senior product team before the payment rollout. In March, the company appointed Benji Taylor as head of design after he held product and design positions at Aave, Avara and Coinbase’s Base network.
Taylor’s background includes work on crypto wallets, decentralized finance products and consumer applications. His personal website also lists roles connected to xAI and SpaceX, although X has not linked his appointment to the reported USDC discussions.
Musk has previously described payments as one part of his plan to turn X into an application combining social media and financial services. The company’s current U.S. rollout relies on established banking and card infrastructure, while stablecoin payouts would introduce blockchain settlement into at least one part of its creator business.
U.S. stablecoin rules would shape any X rollout For American users, a USDC payment option would fall within a developing federal framework established by the GENIUS Act. President Donald Trump signed the law in July 2025, creating national rules for payment stablecoin issuers and certain companies that distribute their tokens.
The law requires permitted issuers to maintain one-to-one reserves in approved liquid assets, provide regular disclosures and meet redemption and compliance requirements. Most provisions are expected to take effect on Jan. 18, 2027, unless final implementing rules activate them earlier.
On Aug. 17, the U.S. Treasury Department proposed new rules defining when a payment stablecoin is issued, offered or sold in the United States. The definitions would help determine when an issuer needs a federal or state license and when a digital asset service provider becomes subject to restrictions covering U.S. customers.
Treasury opened the proposal for public comment for 60 days after its publication in the Federal Register. The agency is also addressing how U.S. platforms may offer foreign-issued stablecoins once the law’s distribution restrictions begin.
Circle’s status as a U.S.-based issuer could make USDC relevant to companies seeking dollar-denominated blockchain payments under the new framework. Circle has not publicly confirmed that it is working with X, and the report did not identify the other stablecoins under review.
Creator payouts would also remain taxable income for U.S. recipients regardless of whether X pays them through a bank transfer or a dollar-linked token. The Internal Revenue Service requires taxpayers to report income received in digital assets at its fair market value when received, while later disposals can create separate gains or losses if the asset’s value changes.
Another social media company has already tested a comparable model outside the United States. In April, Meta introduced USDC payouts for selected creators in Colombia and the Philippines, using wallets on Solana and Polygon.
Stripe processes Meta’s stablecoin payments and may provide users with crypto-related tax documents tied to the transactions. Meta’s support page says eligible creators can link a compatible wallet, receive USDC and convert the tokens into local currency through supported services where available.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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In collaboration with Kamino, Solana’s biggest lending market, Solana Mobile is launching one of the Seeker’s most-demanded products: a $USDC Earn Vault.
Available directly within the Seed Vault Wallet, Solana Mobile’s $USDC Earn Vault enables users to generate passive yield on their $USDC, with no lockups or withdrawal fees.
The launch caps off another big week for the Solana Mobile ecosystem, which has witnessed surging activity across its app layer during Seeker Summer.
Seeker Opens Kamino-Powered $USDC Earn Vault Joining forces with Kamino, one of Solana’s most-trusted DeFi applications, Solana Mobile has launched its first official yield product. Instead of leaving their stablecoins sitting idle onchain, Seeker users can put their $USDC to work in the Seed Vault Wallet’s $USDC Earn Vault to generate compounding yield at competitive rates.
Building atop Kamino’s battle-tested lending markets and vault infrastructure, Solana Mobile’s $USDC Earn Vault simplifies the yield generation process. Depositing into the vault is as easy as tapping the ‘Deposit’ panel from the Seed Vault Wallet’s homepage.
Unlike some onchain vaults, which may have strict entry and exit requirements, Solana Mobile’s $USDC Earn Vault is accessible and flexible by design:
No minimum deposit or withdrawal limits.
No withdrawal fees, lockup periods, or exit queues.
Immediate, compounding yield earned from the second you deposit.
Underneath the hood, the Seeker $USDC Earn Vault allocates 95% of its AUM to Kamino’s $SOL/$BTC market lending pool, with the remaining 5% stored in reserve for withdrawals. Aside from a 0.25% protocol fee, there are no additional performance fees or charges.
Seeker Summer Heats Up The launch of the Seed Vault Wallet comes following a series of big weeks for the Seeker community, driven largely by Seeker Summer.
By completing quests and tasks that highlight some of the most creative applications across the Solana dApp Store, Seeker users have made themselves eligible to receive up to 89M $SKR, valued at over $626,000.
In a clear demonstration of users’ long-term alignment with the Seeker ecosystem, over half of all $SKR tokens distributed during Seeker Summer have been staked to the network.
Solana Mobile Unveils Changes to Activity Tracking As part of an ongoing effort to reward organic and authentic usage across the Seeker Ecosystem, Solana Mobile has announced it will be making changes to how it measures activity.
An unfortunate reality of the crypto industry is that where there are rewards, there is also mercenary capital and activity seeking to game the system in order to receive a disproportionate share of the pie.
Moving forward, Solana Mobile is changing the way it scores different activities throughout the Seeker ecosystem. While the rubric remains confidential, the new system discourages against executing simple transactions for the sake of creating artificial activity. The new changes will not be applied retroactively, meaning existing activity is already logged and banked into your score.
For example, staking and unstaking micro-amounts of $SOL across different stake accounts, and transferring tokens between your own wallets could harm your Seeker activity score, and possibly even get you flagged as a farmer and sybil account.
Instead, behaviors that drive value to the device's native functions and services and are aligned with ecosystem's long term vision are likely to rank higher than tranaction spam.
Ultimately, Solana Mobile’s activity tracker is designed to recognize and reward organic and authentic use of the device. As in Season 1, Seeker users who made meaningful engagements and contributions to the ecosystem saw themselves reach higher levels. Updates to the activity tracker have likely only refined this methodology, ensuring that rewards flow to genuine users over farmers.
To keep track of all Seeker news, and the perks and benefits of Seeker Summer and beyond, head to the SolanaFloor Seeker Hub.
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