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Almost every large crypto token fell through the overnight sessions and into Thursday's U.S. open, as an oil shock drove long-dated Treasury yields to multi-year highs and traders raised the odds of a Federal Reserve rate increase next week to 64%. Traders put a quarter-point September increase at...

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Uniswap Labs has launched StablePair Hook, a Uniswap v4 tool that sets liquidity-provider fees dynamically for two stable-pair pools on Ethereum rather than charging one constant rate. The launch covers USDC/USDT and USDC/USDG. For liquidity providers, the material change comes when a pool moves...

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Valinor Digital launched a tokenized fund that holds a basket of publicly traded business development companies, offering qualified purchasers exposure to a private credit return profile with daily subscriptions and redemptions, the firm said on Thursday. The Valinor BDC Exposure Fund, ticker VBDC,...

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MoneyGram launched the MoneyGram Card on Thursday, a virtual Visa card that spends a stablecoin-backed dollar balance held in the MoneyGram app. It is live in Colombia, with more markets promised in the coming months. The card keeps remittance money inside MoneyGram after it arrives. Recipients who...

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Latitude raised a $35 million Series A led by Oak HC/FT to connect stablecoin settlement to local payment rails, the company said Wednesday. NEA, Coinbase Ventures, Lightspeed Faction and OpenFX also took part. The money goes into licences and local payout connections, the leg of a stablecoin...

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