DeFi News page 14

RippleX has submitted a new lending protocol amendment to the XRPL validator community for consideration. The XRP Ledger's validator network is now weighing a new lending protocol amendment, according to reporting from CoinGape, U.Today, and Crypto Economy.

The wallet provider pulled its validator positions from Lido as it investigates what happened. MetaMask Staking has exited its validator positions on the Lido protocol following a security incident, according to separate reports from CryptoBriefing and Cointelegraph. Both outlets describe the move as a direct response to the incident, with MetaMask now investigating what occurred.

The bank's research division becomes one of the first major traditional finance institutions to publish a long-term price target on the Ethena token. Standard Chartered has started research coverage of Ethena, according to reports from CryptoBriefing and crypto.news.

AllUnity brings a euro-area-regulated dollar token to a market long dominated by Tether and Circle. AllUnity has introduced USDAU, a dollar-backed stablecoin built to meet the European Union's Markets in Crypto-Assets framework, according to reporting from Cointelegraph and crypto.news. The launch adds a new entrant to a stablecoin market still dominated by non-European issuers.

The bank ties the rollout to survey data showing strong Hong Kong customer familiarity with stablecoin use cases. HSBC has reported the launch of a stablecoin called RedCoin, designed for peer-to-peer payments. The rollout is set for Hong Kong, according to reporting on the announcement.

What circulated instead were a reported funding round, a payments integration and a securities-depository partnership, each resting on a different weight of sourcing than the day's rhetoric suggests. What circulated instead were a reported funding round, a payments integration and a securities-depository partnership, each resting on a different weight of sourcing than the day's rhetoric…

The Taiwanese platform now lets users convert Tether's stablecoin on the Aptos network directly into New Taiwan Dollars. MAX Exchange has enabled native support for Tether's USDT stablecoin on the Aptos blockchain, according to reports from CryptoBriefing and The Cryptonomist. The Taiwan-based exchange now allows direct conversion between Aptos-native USDT and the New Taiwan Dollar.

The new fund includes staking rewards and comes with a long-term 2030 price projection from Bitwise. Bitwise has introduced the first U.S. spot exchange-traded fund built around NEAR Protocol's native token, according to reporting from TronWeekly, BeInCrypto, and Crypto News Australia.

State regulators outline how digital asset trades, decentralized finance activity, and stablecoin transfers would be treated under tax law. Illinois officials have drafted rules intended to bring cryptocurrency transactions under the state’s tax framework. CryptoBriefing reported the development, describing it as an effort to formalize how digital asset activity should be taxed within the state.

The integration lets travelers convert stablecoin holdings into everyday purchases across Japan's merchant network Binance Pay has integrated with PayPay, allowing users to spend USDT directly at merchants across Japan that accept the payment app.

The stories that moved while US desks slept split cleanly by evidence quality, and the ones with the most independent confirmation are about settlement rails, not Ethereum's next number. The stories that moved while US desks slept split cleanly by evidence quality, and the ones with the most independent confirmation are about settlement rails, not…

The Central American nation partners with Coinbase's payment infrastructure to move money home for a flat $2 fee. El Salvador has introduced a remittance application that settles transactions in stablecoins for a flat fee of $2, according to reporting from Unchained.

Of today's seven notable claims, only three were verified by separate reporting chains; the rest depend on a single accuser, a single estimate, or a single leaked filing. Of today's seven notable claims, only three were verified by separate reporting chains; the rest depend on a single accuser, a single estimate, or a single leaked…

The bank is connecting a traditional money market fund to crypto's institutional infrastructure without putting it on a blockchain. Goldman Sachs has reportedly opened access to a $100 billion Treasury fund for crypto companies, according to reporting from Crypto News Australia, Coindoo and UNLOCK Blockchain.

The Trump administration and a key GOP senator say Democratic opposition sank digital asset market structure legislation The White House has publicly blamed Senate Democrats for the failure of the Crypto Clarity Act, according to reports from CryptoBriefing and CoinGape.

The bank will lean on Coinbase's infrastructure to offer corporate customers faster, blockchain-based settlement options. Citi and Coinbase have expanded their partnership to bring stablecoin payment capabilities to Citi's corporate banking customers. The announcement builds on an existing relationship between the two firms, according to reports from BlockchainReporter and Fintech News Singapore.

The request follows Tether's freeze of $550 million in tokens tied to Iran amid a widening sanctions review. A member of the US Senate has formally urged federal authorities to open an investigation into Tether. The request centers on USDT transactions allegedly connected to Iran, a country under extensive US sanctions.

The decentralized protocol says its permissionless design does not allow it to block wallets, reigniting debate over crypto's censorship-resistance principles. Bitget disclosed a security breach that resulted in losses reported at $387.5 million. Following the hack, the exchange asked THORChain to block wallets connected to the attacker's funds. THORChain declined the request.