Tether Faces Lawsuit Over Preemptive $42.4 Million Stablecoin Freeze Ahead of Law Enforcement Warrant
September 3, 2026
Two Thai businessmen are suing Tether in Manhattan federal court after the firm froze $42.4 million in USDT four months before a formal legal seizure warrant was issued.
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Ethena Debuts Self-Custodial Pay App on Avalanche to Bridge USDe and Daily Commerce
September 1, 2026
Ethena has introduced the iOS beta of Ethena Pay, a self-custodial application built on Avalanche. The app integrates USDe into consumer payments with tiered rates up to 6% and cashback up to 5%.
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Ethena Protocol to Diversify USDe Reserves with Equity-Perpetual Basis Trading Strategy
August 29, 2026
Ethena Labs has announced plans to integrate equity-perpetual basis trades into its USDe synthetic dollar strategy, aiming to diversify yield streams and scale backing capacity beyond traditional crypto derivatives.
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Circle Expands Multi-Currency Stablecoin Infrastructure to Plasma Network with Native USDC, EURC, and CCTP Integration
August 29, 2026
Circle has deployed native USDC and EURC stablecoins alongside its Cross-Chain Transfer Protocol (CCTP) on the Plasma blockchain, delivering direct liquidity and secure cross-chain transfers.
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Bullish Allocates $100 Million Stablecoin Facility to USD.AI for GPU-Collateralized Lending
August 29, 2026
Bullish has provided a $100 million stablecoin debt facility to USD.AI to fund GPU-backed loans, strengthening capital channels for artificial intelligence compute infrastructure.
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Ethena Governance Proposal Aims to Direct 100% of Net Revenue to ENA Buybacks
August 28, 2026
A landmark Ethena Foundation proposal seeks to redirect 100% of protocol net revenue toward buying back ENA tokens, introducing an aggressive value accrual framework for its synthetic dollar ecosystem.
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39 U.S. State Banking Associations Form BankChain Alliance for Shared 2027 Blockchain Network
August 27, 2026
Thirty-nine U.S. state bankers associations have united to form the BankChain Alliance, an industry-owned initiative aiming to launch a shared blockchain network by 2027 for tokenized deposits and automated settlement.
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Aave Launches iOS Early Access for Mobile Savings App, Marking Major Expansion Into Web3 Consumer Banking
August 27, 2026
Aave has opened early access for its consumer savings application on iOS. The app supports bank and stablecoin deposits, with Android and web users remaining on a waitlist.
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Revolut Enters Euro Stablecoin Arena with Controlled Launch of EURR Token
August 27, 2026
Revolut has launched EURR, its first euro-backed stablecoin, targeting users in Denmark, Poland, and Portugal in partnership with regulated issuer Bridge Building S.A.
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Coinbase Base Layer 2 Sequencer Revenue Falls 11% Despite Unprecedented Usage and Stablecoin Volume
August 21, 2026
Coinbase reported an 11% drop in Q2 revenue from its Base network despite record stablecoin volume, highlighting how post-Dencun fee reductions impact Layer 2 profitability.
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