DeFi
Decentralized Finance, the ecosystem of financial applications and services built on public blockchains.
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Coinbase Lists Ripple’s RLUSD With Transfers on Three Networks
Customers in supported regions can convert US dollars into RLUSD one-for-one. Access spans the retail app, Coinbase Exchange and Prime.

Janus Henderson Announces Tokenized Nasdaq-100 Fund on Stellar
JQQQ targets non-US professional investors with a 100,000 USDC minimum, while Centrifuge's investment portal says subscriptions are not yet open.
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Recent articles

Coinbase Lists Ripple’s RLUSD With Transfers on Three Networks
Customers in supported regions can convert US dollars into RLUSD one-for-one. Access spans the retail app, Coinbase Exchange and Prime.

Janus Henderson Announces Tokenized Nasdaq-100 Fund on Stellar
JQQQ targets non-US professional investors with a 100,000 USDC minimum, while Centrifuge's investment portal says subscriptions are not yet open.

Hyperliquid Tests Permissioned Markets for Payward's US Perps Plan
Optional onchain allowlists would leave existing markets unchanged; the proposed US contracts still need regulatory approval.

Chainlink Introduces CustodySync With Anchorage for Custodied DeFi Borrowing
The system uses shared price data to align loan valuations, while Anchorage retains collateral and manages margin and liquidation.

Moody's Rates Sky B3, Flagging Thin Capital Buffer
The stable-outlook rating puts Sky in Moody's speculative-grade category, with roughly $90 million in equity against $10 billion in managed assets.
Firelight Begins Writing DeFi Cover Backed By Staked XRP
The protocol's first cover positions went to two Sentora vaults, with payouts standing behind 50.2 million XRP staked on Flare. Claims are decided by a five-firm consortium on a three-of-five vote, and the coverage contracts' audits are listed as coming soon.

Tokenized Stocks Grew 395% in a Year While DeFi Use Stayed Under 3%
RedStone's report puts lending collateral at roughly $81 million against $3.17 billion of supply, with leveraged equity exposure onchain sitting almost entirely in perpetual futures

Ether.fi Announces Dollar Stablecoin Powered by Ethena
Ethena will manage reserves, minting, redemptions and compliance for a platform reporting more than $300 million in existing stablecoin balances.

Arbitrum Adopts Paxos' USDG as Its Ecosystem Dollar
The stablecoin goes live on Arbitrum One with Fluid, Morpho, GMX, Maple and Kraken behind it. A proposal published the same day asks ArbitrumDAO to add 100 million ARB to an incentive program that still has about 63.7 million ARB unspent

Circle Adds Aave to Bitcoin-Backed Borrowing in Mint
The new lending option extends the Morpho-based service, while borrowers remain exposed to liquidation under third-party protocol rules.