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Circle Opens Bitcoin-Backed USDC Borrowing To Mint Clients, Routed Through Morpho
DeFi

Circle Opens Bitcoin-Backed USDC Borrowing To Mint Clients, Routed Through Morpho

The cirBTC market on Arc holds $14.3 million of USDC borrowed against 287 cirBTC, up from $1.37 million on Sept. 17. Galaxy and Keyrock supply nearly all the dollars. Circle issues the wrapper and the wallet; the loan terms sit with Morpho.
Fairshake Plans $30 Million Ad Blitz Against Sherrod Brown in Ohio
Regulation & Politics

Fairshake Plans $30 Million Ad Blitz Against Sherrod Brown in Ohio

The super PAC’s biggest 2026 commitment follows a failed 49-50 cloture vote on CLARITY; Brown could return to the top Democratic post on Senate Banking.
Bitcoin Reaches Its Highest Level Since January as Crude Sinks 8%
Markets

Bitcoin Reaches Its Highest Level Since January as Crude Sinks 8%

Bitcoin traded as high as $86,355 on Coinbase, its best level since Jan. 29, in a leg that started in the 8 a.m. UTC hour and extended through the U.S. open. West Texas Intermediate crude fell 8.1% and the Nasdaq Composite rose 1.6%. Perpetual funding sits near zero and the bitcoin and ether swaps trade below index. Of the 125 largest non-stablecoin tokens, 106 are higher.
Coinbase Seeks CFTC Approval for US Single-Stock Perpetual Futures
TradFi & Fintech

Coinbase Seeks CFTC Approval for US Single-Stock Perpetual Futures

The contracts would trade 24/5 on Coinbase Derivatives, use hourly funding and clear through Nodal Clear, but the CFTC filing remains pending.
WisdomTree
TradFi & Fintech

WisdomTree Opens Tokenized Treasury Fund To MoonPay's 35 Million Accounts

MoonPay will build an access point for WTGXX and hold the tokenized money market fund against its stablecoin reserves. The fund runs $1.23 billion, fifth-largest in a $15.4 billion tokenized Treasury market.
SEC
Regulation & Politics

SEC Clears Tokenized Stocks To Trade Onchain As CFTC Widens Software Relief

The Securities and Exchange Commission issued a five-year conditional exemption on Thursday letting tokenized National Market System (NMS) stock trade on permissioned automated market makers (AMMs), and Commodity Futures Trading Commission staff opened introducing-broker relief to passive software providers across the industry the same morning. Both actions came two days after the Senate blocked the CLARITY Act and a day after the two chairmen said they would write crypto rules without it. Uniswap's token rose 19.8% over 24 hours.
X Adds US 'Trade' Button to Cashtags With Coinbase, Kraken and Gemini
TradFi & Fintech

X Adds US 'Trade' Button to Cashtags With Coinbase, Kraken and Gemini

Users complete transactions directly at partner brokerages, while Kraken says any crypto cashtag can route to it and Gemini names five tokens.
World Rolls Out Money App as Key Features Remain Country-Limited
TradFi & Fintech

World Rolls Out Money App as Key Features Remain Country-Limited

The self-custodial app combines Bridge-linked accounts and Morpho lending, but availability, eligibility and third-party providers vary by jurisdiction.
S&P Global to Acquire OpenZeppelin in Onchain Risk Push
TradFi & Fintech

S&P Global to Acquire OpenZeppelin in Onchain Risk Push

The smart contract security firm will retain its name and audit team as S&P expands from financial risk assessments into onchain technology risk.
Ondo’s Oasis Pro Markets Joins DTCC’s Fund/SERV Processing Network
TradFi & Fintech

Ondo’s Oasis Pro Markets Joins DTCC’s Fund/SERV Processing Network

The standardized connection replaces bespoke links to fund counterparties; the joint release named no specific Ondo product or transaction start date for Fund/SERV.