DeFi News page 2

The decentralized exchanges are combining operations in a bid to capture a larger share of on-chain trading volume. Aerodrome and Velodrome, two prominent decentralized exchange protocols, have announced a merger that will unify their operations under a single token called AERO.

BlockchainReporter and Crypto News Flash both cover the OCC's final GENIUS Act stablecoin rule but give different dates for the proposed rule that preceded it. BlockchainReporter and Crypto News Flash both cover the OCC's final GENIUS Act stablecoin rule but give different dates for the proposed rule that preceded it.

The attacker behind the Drift Protocol exploit has funneled a sizable Ether stash into the sanctioned mixing service, according to blockchain trackers. An attacker connected to a security breach at Drift Protocol has moved $109 million in Ether into Tornado Cash over the past two days.

Risk advisor LlamaRisk flags valuation and liquidity concerns as Aave considers accepting tokenized SpaceX equity as loan collateral. Aave, one of the largest decentralized lending protocols, is reviewing a proposal to accept tokenized SpaceX shares as collateral for loans.

The stablecoin issuer backs a company building payment infrastructure for autonomous AI agents. Tether has led a $15 million funding round for Mural, a startup building payment infrastructure for artificial intelligence agents. CoinDesk and crypto.news both reported the investment on October 21, 2026, describing Mural as an AI-focused payment company.

Solana's tokenized equities network has reclaimed the lead with more than 1.5 million holders, reports say. Solana has reclaimed the top spot in tokenized stock holders, overtaking Robinhood Chain for the first time since July. Reports from Cryptopolitan, CoinTurk News, and The Cryptonomist all pointed to the same figure.

The companies are reportedly discussing a partnership covering stablecoin payment infrastructure and growth of the GIWA project. MoonPay and Dunamu are reportedly in talks about a potential partnership focused on stablecoin payments, according to a report from The Block. The discussions reportedly also include plans to expand GIWA, a blockchain project linked to Dunamu.

The blockchain network logged 1.10 billion transactions as its role in global stablecoin transfers continues to expand. TRON's blockchain processed approximately 1.10 billion transactions during the third quarter of 2026, according to data reported this week. Stablecoin settlement volume across the network reached $2.2126 trillion over the same period.

The address tied to the Drift Protocol exploit moved dormant funds through the sanctioned mixer after two months of inactivity. A wallet associated with the exploit of decentralized trading platform Drift Protocol has become active again. The address had shown no movement for about two months before initiating the latest transfers.

The deal aims to let consumers spend crypto and stablecoin holdings directly at Visa's global merchant network. Visa has struck a partnership with Mesh, a crypto payments infrastructure company, to allow users to spend crypto and stablecoin balances at its merchant network.

Paolo Ardoino defends the company's compliance record as it pushes back against Senate criticism over sanctions enforcement. Tether CEO Paolo Ardoino says the company has dramatically cut off stablecoin activity tied to Iran. He claims transaction volumes linked to Iranian wallets have dropped 94% since 2023.

The payments giant is building a risk-intelligence layer aimed at stablecoin transactions ahead of a planned 2027 global rollout. Mastercard has unveiled Stablecoin Security, a risk-intelligence product built specifically for the stablecoin payments market. The tool is designed to flag fraudulent activity and screen transactions against sanctions lists, according to reports on the launch.

The payments giant is building compliance tools aimed at catching illicit stablecoin transfers before they settle Mastercard has introduced fraud and sanctions screening tools designed specifically for stablecoin payments. The announcement was reported by crypto.news and UNLOCK Blockchain on October 20.

A reported surge in on-chain activity has analysts pointing to $2 as a near-term target, with some eyeing $7-$9 further out. XRP has drawn renewed attention from traders after reports of a sharp rise in activity on the XRP Ledger.

The crypto trade group supports the GENIUS Act rollout but wants Treasury to sharpen language on DeFi and foreign issuers. The Blockchain Association, a prominent crypto industry trade group, has endorsed the Treasury Department's rollout of the GENIUS Act stablecoin rule.

A working paper from the Bank for International Settlements shows stablecoin expansion slows sharply when deposit rates rise, with USDC the most affected token. Economists at the Bank for International Settlements have published research showing stablecoin growth responds sharply to tiny changes in bank deposit rates.

Ripple's chief technology officer says tokenization and artificial intelligence could reshape decentralized finance, with retail opportunities emerging on the XRP Ledger. Ripple's chief technology officer, David Schwartz, has outlined a bullish view on the future of decentralized finance. He expects the sector to undergo a major transformation by 2027.

A fix for flawed lending code on the XRP Ledger is nearing approval, keeping the feature offline until it clears review. Developers working on the XRP Ledger have identified a flaw in the code meant to power a new lending feature. The feature has not launched to users yet.