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Western Union Deploys USDPT on Bybit's Fiat Channels in Latin America
TradFi & Fintech

Western Union Deploys USDPT on Bybit's Fiat Channels in Latin America

Western Union has made its USDPT stablecoin available on Bybit's fiat channels in Latin America, making Bybit the first major crypto exchange to integrate USDPT — arriving two days after MoneyGram launched its own rival dollar token on Stellar.
Sky Launches Fixed-Rate Yield Product Built on Pendle, Targeting $6B sUSDS Pool
DeFi

Sky Launches Fixed-Rate Yield Product Built on Pendle, Targeting $6B sUSDS Pool

Sky (formerly MakerDAO) launched Fixed Yield on Wednesday — a term-based alternative to the variable Sky Savings Rate built on Pendle Protocol v2, giving sUSDS depositors a locked rate to a named maturity date.
Visa and Brale Test Privacy-Enabled SBC Stablecoin Settlement on Canton Network
TradFi & Fintech

Visa and Brale Test Privacy-Enabled SBC Stablecoin Settlement on Canton Network

Visa and stablecoin issuer Brale are piloting settlement using SBC, a U.S. dollar-backed stablecoin, on Canton Network, the privacy-preserving institutional DLT, testing whether blockchain settlement can meet bank-grade compliance requirements.
Deel Deploys Stripe's Full Stablecoin Stack to Pay 1.5M Contractors in DLUSD
TradFi & Fintech

Deel Deploys Stripe's Full Stablecoin Stack to Pay 1.5M Contractors in DLUSD

Deel is the first enterprise to combine Bridge, Privy, and Tempo in a single product, issuing a custom USD-denominated stablecoin for 1.5 million contractors across 150 countries, starting in Argentina.
PENDLE Token Goes Live on Revolut, Reaching 20M EEA Crypto Traders
DeFi

PENDLE Token Goes Live on Revolut, Reaching 20M EEA Crypto Traders

The yield-tokenization protocol's $233M-mcap token is now buyable inside Revolut's MiCA-licensed crypto app across the UK, EU, Norway, Iceland and Liechtenstein — the second on-chain yield protocol to land on the fintech's regulated rails after Maple's SYRUP in April.
Revolut Plans 2027 US Bank Launch With Stablecoin Services Built In From Day One
TradFi & Fintech

Revolut Plans 2027 US Bank Launch With Stablecoin Services Built In From Day One

The British neobank, with 70 million customers and a $75 billion valuation, will pair FDIC-insured accounts with stablecoin access on a single platform — a tier-one fintech entering US banking with stablecoins designed in, not bolted on.
Builder-Deployed Perp Markets Push Hyperliquid to Record Share of Global Perps Volume
DeFi

Builder-Deployed Perp Markets Push Hyperliquid to Record Share of Global Perps Volume

Hyperliquid's HIP-3 framework — which lets anyone deploy a perpetual futures market on the protocol's settlement layer — cleared $62 billion in May volume, pushing the venue to a record 6.63% share of global perps and 14.4% against Binance.
Bitcoin Slides Below $66,000 as Spot ETF Outflow Streak Hits a Record 12 Days
Markets

Bitcoin Slides Below $66,000 as Spot ETF Outflow Streak Hits a Record 12 Days

US spot Bitcoin ETFs pulled in another $519 million of net redemptions on June 2, extending the longest outflow run since the funds launched and tipping a leveraged market into $1.86 billion of forced selling.
Cardano's TapTools Winding Down is a Symptom of a Shrinking Chain
Blockchains

Cardano's TapTools Winding Down is a Symptom of a Shrinking Chain

TapTools, the most-used analytics platform on Cardano, said on X it will wind down within two weeks after losing its fifth senior executive in a year. Founder Charles Hoskinson warned in a video the same day that more older Cardano-ecosystem projects will fold in the second half of 2026.
Old DxSale Lockers Drained for $7.3M Across 1,400 BNB Chain Pools as Owner-Privilege Exploits Pile Up
Hacks

Old DxSale Lockers Drained for $7.3M Across 1,400 BNB Chain Pools as Owner-Privilege Exploits Pile Up

A dormant launchpad contract from 2021 was emptied this week through a quiet ownership transfer and a one-wei fee reset — the latest in a string of BNB Chain drains that turn admin keys into the attack surface.