Bitcoin Developers Launch BTC-Backed Stablecoin As Rune Token
Hermetica, the developers behind USDh, is taking a page from the Ethena playbook to offer holders a 12% to 25% yield during a bull market.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Tether’s Alloy Launch Shows Stablecoins Are Moving Beyond Plain Dollars
Tether has launched Alloy, a synthetic dollar product backed by Tether Gold, in a move that pushes the stablecoin issuer further b...
SEC Closes Consensys Ethereum 2.0 Probe, Removing A Major Staking Overhang
Ethereum has one less regulatory cloud hanging over it after Consensys said the U.S. Securities and Exchange Commission has closed...
Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows
As Wall Street banks adopt digital currencies for faster settlements, overall trading volume spiked 63% in just a single month.
JPMorgan’s JLTXX tokenized money market fund surges 250% in a month to nearly $700M
JPMorgan's rapid growth in tokenized funds highlights the increasing integration of traditional finance with blockchain, impacting...
JPMorgan's JLTXX Tokenized Money Market Fund AUM Grows 250% in a Month on Ethereum
JPMorgan's JLTXX tokenized money market fund has grown its onchain assets under management by roughly 250% over the past month, ac...
Paxos BUSD Case Closure Gives Stablecoin Issuers A Rare Regulatory Relief Signal
Paxos says the SEC has ended its investigation into BUSD without recommending an enforcement action, giving the stablecoin sector...