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Jupiter Launches JupUSD Stablecoin Backed by BlackRock’s BUIDL on Solana

Jupiter, a Solana-based DeFi protocol and trading platform, has launched JupUSD, a dollar-pegged stablecoin issued natively on Solana and developed in partnership with...

Surf Raises $15M to Build Crypto-Focused AI Model Backed by Pantera

Surf, an AI platform built for digital-asset analysis, raised $15 million in a round led by Pantera Capital with participation from Coinbase Ventures and DCG, to expand...

Bank Indonesia to Launch ‘Stablecoin Version’ Backed by Government Bonds

Bank Indonesia (BI), Indonesia’s central bank, is moving ahead with plans to issue what it describes as its “national stablecoin version,” a digital currency...

Tokyo Fintech JPYC Unveils First Yen Backed Stablecoin

Tokyo-based fintech firm JPYC has launched Japan’s first yen-backed stablecoin along with a platform to issue the new coin, amid a growing global race to corner the...

L2s Are And Not Backed By Ethereum’s Base Layer Security: Solana founder

Solana co-founder Anatoly Yakovenko cast doubt on the decentralization and security of Ethereum’s layer-2 (L2) scaling networks during a heated debate on Sunday....