
DAI News L2 Standard Bridged DAI (Base)
Price of 1 L2 Standard Bridged DAI (Base) today (10 September)
$ 0.9989
-0.0038%
Latest news on L2 Standard Bridged DAI (Base) (DAI) now
Top U.S. Banking Regulator Acknowledges Reality of Crypto Debanking
Jonathan Gould, head of the U.S. Office of the Comptroller of the Currency (OCC), highlighted the ongoing issue of "debanking" within the crypto...

Nemo Protocol Exploited for $2.4 Million in USDC on September 8
Nemo Protocol, a yield trading protocol on the Sui network, was exploited on September 8, resulting in a loss of $2.4 million in USDC. Key points...
Stripe CEO Highlights Business Shift Toward Stablecoin Adoption
Stripe CEO Patrick Collison highlighted the increasing adoption of stablecoins, citing their advantages over traditional payment systems. His...

Kite Secures $18 Million to Enhance Stablecoin Transactions for AI Agents
EMB: Sept. 2, 12:30 UTC
Kite, an artificial intelligence company, raised $18 million to enhance its platform for autonomous agents using...

Mo Secures $40 Million in Series B Funding Led by Polychain and Ribbit Capital
Stablecoin startup Mo has secured $40 million in Series B funding, led by Polychain and Ribbit Capital, with participation from Endeavor Catalyst,...

Banks Warn Stablecoins Could Drain $6.6 Trillion from Deposits
Wall Street banking groups warn that stablecoins could drain up to $6.6 trillion from deposits, impacting banks' ability to fund loans. This may...
Bank of America Reports Stablecoins and Tokenization Impacting Money Market Funds
Bank of America's rates strategy team highlights two key influences on the U.S. Treasury market: stablecoin demand for T-bills and the tokenization...

Hacker Buys 2,109.5 ETH After Turning Stolen $53M into $103M
The hacker group responsible for stealing $53 million from Radiant Capital is actively investing in Ethereum.
Key Developments
The exploiter's...
Stablecoin Payment Volumes Expected to Exceed $1 Trillion by 2030
Stablecoin payment volumes are expected to exceed $1 trillion annually by 2030, as reported by Keyrock and Bitso. The growth will be fueled by...

JPMorgan Doubles Robinhood Price Target to $98 Citing Crypto Expansion
JPMorgan has raised its 2026 price target for Robinhood (HOOD) to $98 from $47, highlighting new product launches and the acquisition of European...

MetaMask Partners with Aave to Enable Stablecoin Yield for Users
MetaMask has partnered with Aave to introduce a feature called Stablecoin Earn, enabling users to earn interest on stablecoins like USDC, USDT, and...

Zodia Markets Secures $18.25 Million for Expansion and Stablecoin Services
Zodia Markets, a crypto trading firm majority-owned by Standard Chartered, has secured $18.25 million in Series A funding led by Pharsalus Capital.
...

JPMorgan Projects Stablecoin Market to Reach $500 Billion by 2028
JPMorgan projects the stablecoin market will reach $500 billion by 2028, a conservative estimate compared to forecasts of up to $2 trillion. Key...

Bitcoin Rises 0.9% in July as Market Sentiment Remains Subdued
Bitcoin (BTC) rose 0.9% in the last 24 hours, recovering from a dip after reaching a record monthly close in June. Historically, BTC has increased...

Bolt Introduces Stablecoin Payments to Enhance Cross-Border Commerce
Bolt, a San Francisco-based payments platform, has introduced support for stablecoin payments to enhance cross-border commerce for its merchants....

FATF Reports Stablecoins Account for Majority of Illicit On-Chain Activity
Stablecoins now represent the majority of illicit on-chain activity, as reported by the Financial Action Task Force (FATF).
Mass adoption of...

Stablecoin Market Cap Reaches $250 Billion, Dominated by Tether
Stablecoin issuance has increased significantly over the past 90 days, with billions flowing in weekly. Investors are awaiting clear signals before...

Grove Launches in Sky Ecosystem With $1 Billion Tokenized Credit Strategy
Grove, a new DeFi protocol, launched with a $1 billion commitment to tokenized asset strategies. It aims to connect DeFi with traditional finance by...

Stablecoins Represent 1% of U.S. Money Supply and Growing
U.S. dollar stablecoins have reached a significant milestone, now constituting about 1% of the U.S. money supply (M2). Their growth rate stands at...

Stablecoins Drive Potential Revolution in U.S. Monetary Finance
The financial landscape may undergo a significant change with the rise of "narrow banking" built on stablecoins, which could reshape global finance,...

Senate to Vote on GENIUS Act for U.S. Stablecoin Regulation
The Senate's GENIUS Act, crucial for U.S. stablecoin regulation, is set for a vote this week and may become law within months, according to...

Major Retailers Consider Launching Stablecoins Amid Legislative Progress
Recent developments indicate a significant shift in the acceptance and integration of cryptocurrencies into mainstream finance.
Amazon and Walmart...

US Treasury Secretary Predicts Dollar-Pegged Stablecoins Could Reach $2 Trillion
US Treasury Secretary Scott Bessent stated that dollar-pegged stablecoins could exceed $2 trillion in market cap within the next few years during a...

BVNK Collaborates with LianLian for Global Stablecoin Payment Integration
BVNK, a London-based firm, partners with Chinese payments company LianLian to enable stablecoin use among over 100 merchants globally. The...

Weld Money Shuts Down Operations in Ukraine Amid Regulatory Challenges
Weld Money, a crypto card provider in Ukraine, is ceasing operations due to military controls and regulatory uncertainty. Users must withdraw funds...

Conduit Secures $36 Million to Enhance Global Stablecoin Payment Services
Conduit, a cross-border payments firm utilizing stablecoins, has secured $36 million in Series A funding to enhance its global payment...

Senate Stablecoin Bill Debate Continues Amid Trump's Crypto Controversies
The U.S. Senate is debating a stablecoin regulation bill, with discussions extending into a second week. Key points include:
Proponents aimed for...

AAVE Price Surges 25% to $270 as Market Cap Nears $4 Billion
AAVE price increased 25% in 24 hours, reaching $270 and a market cap of nearly $4 billion. This rise represents a 90% gain since April’s low of...
Banks Show Increased Interest in Stablecoins Amid Regulatory Concerns
As competition in the stablecoin sector intensifies amid potential U.S. regulations, traditional financial institutions are increasingly concerned...

DeFi Protocol Sky Reports $5 Million Loss Due to Rising USDS Interest Payments
Sky, formerly known as MakerDAO, reported a first-quarter loss of $5 million due to interest payments to token holders more than doubling. This...
