Firelight adds $30.5M of cover to Kraken USDC vault
Firelight's coverage enhances DeFi security, yet reliance on FXRP and consortium decisions introduces potential risks for depositors. The post Firelight adds $30.5M of cover to Kraken USDC vault appeared first on Crypto...
High signal
Published in the last two hours. The story has cross-source confirmation.
Firelight's coverage enhances DeFi security, yet reliance on FXRP and consortium decisions introduces potential risks for depositors.
The post Firelight adds $30.5M of cover to Kraken USDC vault appeared first on Crypto Briefing.
Why this matters
USD Coin is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
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Cross-source coverage
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Firelight Adds $30.5 Million of Cover to Kraken USDC Vault
Depositors face a $100,000 cap per address per coverage period, with payouts handled by Sentora...
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