With the restaking sector in a slump, the protocol is betting that institutional distribution can reignite growth.

BSC recently became the largest network by registered AI agents using the ERC-8004 standard, while on-chain agent activity in the ecosystem is also rising.

The strategic investment is the latest in a string of Bitcoin infrastructure bets by the stablecoin giant.

The TradFi giant's iShares Staked Ethereum Trust ETF is its first yield-bearing exchange-traded product.

As perpetual futures positions shrink to just 11% of USDe's backing, the protocol argues its unstaking delay no longer reflects the liquidity available to meet redemptions.

The agency issued an advance rulemaking notice and a staff advisory encouraging innovation.

The new product, EarnUSD, lets users earn yield on their USDC and USDT.

Op Labs' CEO said the move was not about finances, and that the firm has "years of runway."

ETH and SOL gained 1% while XRP is flat on the day.

An analysis from WuBlockchain shows basis trade capital at record lows as hedging crowds out leveraged longs, pushing derivatives markets toward an unusual equilibrium.