Project Progress

According to Jack Mallers on October 6, Strike introduced a new product allowing users to earn 3.6% interest on cash, paid out in Bitcoin. The interest is FDIC-insured up to $250,000 and accrues daily with monthly payouts. There are no deposit minimums or maximums, positioning Strike to attract user

Maple Finance announced on October 13 a strategic presentation to position itself as the credit and yield layer for the stablecoin economy. The initiative, disclosed through a tweet from @maplefinance, will introduce rules-based buybacks under MIP-021 and feature discussions on institutional credit

Maple Finance launched syrupUSDG on the Arbitrum network, enabling eligible USDG holders to allocate assets into the yield-generating product. The product generates returns from loans that Maple underwrites and manages for institutional borrowers. This launch reflects the growing integration of

According to Maple Finance, on October 13, the platform will present its vision to become the credit and yield layer for the stablecoin economy. The announcement includes plans to introduce rules-based buybacks under MIP-021 and discussions on institutional credit dynamics. Maple will also unveil it

According to Maple Finance, syrupUSDG officially launched on Arbitrum, enabling USDG holders to allocate assets and earn yield from institutional borrowing markets that Maple underwrites and manages. The product represents growing integration of fintech solutions within blockchain ecosystems,

According to its official announcement, Hedera has introduced dedicated wallets for AI agents, effective immediately. The move, announced via the official Hedera Twitter account, is designed to streamline AI operations and enhance functionality within the Hedera ecosystem. The new agent wallets

According to ChainCatcher, stablecoin issuer Agora has received approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a U.S. trust bank that will assume issuance and reserve management of AUSD. The trust bank will take over functions previously handled by Agora's

USDG, a stablecoin developed by Paxos, has launched on the Arbitrum network with integration through Uniswap's platform. The launch introduces a dynamic fee structure that adapts to market conditions, allowing liquidity providers to capture more value through the StablePair Hook mechanism. The integ

According to Uniswap, USDG officially launched on the Arbitrum network on October 6. The integration features an adaptive fee mechanism that adjusts based on market conditions, enabling liquidity providers to capture additional value. USDG, a stablecoin developed by Paxos, leverages Arbitrum's

EtherFi plans to launch its own stablecoin through Ethena's white-label service, Cointelegraph reported on October 6. The decentralized finance protocol aims to expand its stablecoin business operations. EtherFi is backed by more than $300 million in stablecoin deposits, providing a substantial

HIVE-X is developing blockchain-based digital asset infrastructure on BNB Smart Chain designed to connect cryptocurrency wallets with real-world payment systems. The platform combines digital asset management, wallet services, and payment infrastructure within a unified ecosystem as the industry

Aptos Labs unveiled the MonoMove upgrade to its execution engine, promising significant improvements in smart contract performance. According to a tweet by @WuBlockchain, internal tests showed that some workloads executed up to 55 times faster than on the current Move VM. This upgrade, pending

The Solana Foundation launched Solana DvP on Oct. 6, an open-source securities settlement program designed for financial institutions. Cointelegraph reported the program provides an API enabling delivery-versus-payment settlement on the Solana blockchain. The foundation aims to reduce securities set

According to FinanceFeeds, Ondo Finance launched Ondo Private Markets this week, offering eligible non-U.S. investors economic exposure to pre-IPO companies through transferable blockchain-based tokenized notes. The platform debuted with a token referencing an unnamed artificial intelligence

According to ChainCatcher, Hyperliquid received its first $14.58 million USDC payment under the AQAv2 framework in October, covering a 30-day period. The decentralized trading platform's 24/7 perpetual futures data is now accessible on Bloomberg Terminal for professional investors monitoring

According to Odaily, Hyperliquid received its first $14.58 million USDC payment under the AQAv2 framework on October 6, covering a 30-day period. The mechanism allocates approximately 90% of reserve yields generated from USDC supply to Hyperliquid for purchasing HYPE tokens. Additionally, the

Optimism Chief Scientist Karl Dot Tech recently stated that less than 1% of the global financial system operates onchain. The observation, shared via Optimism's tweet, highlights the need for infrastructure to serve the untapped market. Optimism aims to bridge this gap as demand for onchain