Wormhole News

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W1.3875B Token Unlock03 Apr 2025Tokenomics
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  • Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin

    Solana traders are quickly embracing the newest stablecoin to join their decentralized finance (DeFi) fray: USDS, issued by Sky (formerly MakerDAO).

  • Why This ETF Expert Is Bullish on Ethereum and Says Washington’s Crypto Stance Is Misunderstood

    If Vice President Kamala Harris beats Donald Trump in the U.S. presidential election, that could be good for Ethereum, though crypto is in good shape either way, Bitwise’s Matt Hougan says.

  • LatAm Bank Littio Ditches Ethereum for Avalanche as Demand for RWA Vaults Grows

    Avalanche’s low transaction fees and consistency were cited as reasons for picking that chain.

  • The Protocol: Peter Todd Wants to Fix Satoshi’s Bitcoin Bugs

    The HBO documentary turned the spotlight on an early Bitcoin contributor who recently has proposed an upgrade to fix all the bugs left in Bitcoin’s original code. PLUS: Criticisms mount after EigenLayer unlocks EIGEN token, as Babylon vaults to top of Bitcoin DeFi leaderboard.

  • Wall Street Titan Guggenheim Tokenizes $20M of Commercial Paper on Ethereum

    Guggenheim Treasury Services, a subsidiary of financial services giant Guggenheim Partners, has issued $20 million of tokenized commercial paper on the Ethereum blockchain, its partner, blockchain platform Zeconomy, announced Thursday.

  • Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD

    “crvUSD is overexposed to minor stablecoins, especially TUSD which has a dubious track record and has recently been charged by the SEC with defrauding investors,” the proposer wrote.

  • Visa to Help Banks Issue Fiat-Backed Tokens on Ethereum Via New Tokenized Asset Platform

    Visa Tokenized Asset Platform (VTAP) will enable the development of fiat-backed tokens powered by smart contracts.

  • Crypto Investment Firm Deus X Capital Unveils DeFi Unit Which Will Start New Yield Generating Protocol

    The first protocol will be launched in 2025 with more than $100 million in total value locked.

  • Solana-Based Drift Raises $25M to Build ‘SuperApp’ for DeFi Trading

    The DeFi platform plans to build an array of financial services tools, including spot and derivatives trading and a predictions market.

  • Former Coinbase Executives Introduce Stablecoin-Native Exchange TrueX

    TrueX says it caters to rising client demand for truly secure segregation between execution and custody.