Latest

CeFi
OKX Launches Tokenized US Stocks on Shared Order Book
The exchange routes every issuer's version of a stock into one market backed by Backed Assets' xStocks, and bars US and EU traders.

TradFi & Fintech
Visa Launches Stablecoin Platform Built on Open USD
Crypto head Cuy Sheffield unveiled the platform, which Fortune reported will bring stablecoin services to more than 200 million merchants, initially through Open USD.

TradFi & Fintech
Ondo Finance Partners With SBI to Tokenize Japanese Assets
The deal routes distribution through SBI's ecosystem and settles in the group's JPYSC yen stablecoin, connecting Japan's capital markets to onchain finance.

Infrastructure
Visa's Sheffield Pegs Adjusted x402 Volume at $19M
A joint Visa and Artemis analysis finds roughly 4,000 wallets drive about 90% of x402's adjusted spending, with Base accounting for the bulk of activity.
TradFi & Fintech
DTCC Starts Live Tokenized-Securities Trades With More Than Two Dozen Firms
The company that settles most US stock trades is running its first production trades of tokenized real-world assets, with a full service launch set for October.
TradFi & Fintech
Stripe's $53B PayPal Bid Would Combine Bridge and PYUSD Under One Owner
The unsolicited offer from Stripe and Advent International, if PayPal accepts, would consolidate two of the mainstream payments industry's stablecoin operations.

CeFi
Coinbase Matches Robinhood's 7% Yield With a Different Design
Robinhood pays only the gap between organic yield and a 7% target for a year; Coinbase pays market rate plus token rewards with no ceiling and no end date.

TradFi & Fintech
Tether Leads $7M Series A in Pact Labs for USA₮ Payroll
The stablecoin issuer's latest strategic bet targets payroll, wage access and everyday payments rails for its US-focused USA₮ token.

Regulation & Politics
Lummis Says CLARITY Act Text Coming 'in Next Few Days'
The Wyoming senator says the bill will focus on fighting illicit finance, consumer protections and keeping crypto markets onshore in the US.
Blockchains
South Korea Super-App Toss to Run Won Stablecoin Pilot on OP Stack
Optimism says Toss is the fourth regulated financial institution in a year to pick the OP Stack, after Bitpanda, Kraken and Mitsui.




