Nigeria’s Oil-for-Naira Program, Blackrock’s New Stablecoin, and More — Week in Review
Nigeria introduced an “oil-for-naira” program by selling crude oil to Aliko Dangote’s refinery in a bid to stabilize the weakening local currency. Blackrock announced its support for UStb, a new stablecoin from Ethena La...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
SEC’s Hester Peirce wants to end crypto’s KYC honeypots before stablecoin rules create more of them
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce wants financial firms to stop stockpiling customer data aft...
Fed proposed stablecoin rule could trigger a 48-hour liquidation run
The Federal Reserve's proposed rules for the payment stablecoin issuers it supervises include a crisis clock measured in hours. An...
HIFI Raises $37M To Build Stablecoin And Tokenized Market Infrastructure
HIFI has raised a $37 million Series A led by Left Lane Capital. The company says the funding will expand stablecoin payments, car...
Privy Expands TRON Support As Stablecoin Payment Infrastructure Grows
TL;DR Privy has expanded its TRON integration with new transaction, policy, transfer and monitoring tools for developers. The Stri...
Grayscale Files for Zcash Income ETF With Planned Biweekly Payouts
Grayscale has filed for a zcash income ETF that would use options to pursue payments every two weeks. The proposed fund would offe...
Ondo Puts BlackRock-Designed Portfolios Into Single Onchain Tokens
Ondo has launched three tokenized portfolios based on investment strategies developed by BlackRock specifically for the platform....