News Center

Neutrl Opens NUSD Redemptions as Contract Shows 0.51 Rate

Neutrl opened early redemption for NUSD and sNUSD on September 17, letting eligible users swap tokens for USDC through a window expected to run until November 14. The protocol had suspended normal operations in August over reserve liquidity issues. On-chain data shows the newly deployed redemption contract's redemptionRate() at 0.51, meaning holders would recover only about half their principal. Neutrl previously disclosed roughly $27 million in liquid assets, with remaining strategy positions illiquid. Officials have not confirmed claims that users must sign a disclaimer to redeem.

NUSDliquidity crisisOn-Chain Dataredemption+2

4 hours ago

XRP Ledger 3.4.0 Brings Lending Features and Protocol Fixes

On September 16, XRP Ledger developers released xrpld 3.4.0, introducing two amendments: LendingProtocolV1_1 and fixCleanup3_4_0. LendingProtocolV1_1 adds closed-ended vaults and cash-basis accounting while refining single-asset vault and lending protocol designs, though mainnet activation still requires over 80% trusted validator support for two weeks. fixCleanup3_4_0 hardens paths across vaults, AMM, MPT, escrow, signing, and permissioned transactions. Operators are urged to upgrade promptly, and signed Linux packages are now being distributed.

XRPValidator Consensuslending protocolProtocol Upgrade+3

4 hours ago

Aurora Intents Brings One-Signature Execution to Sui

Aurora Labs has added Sui as a single-signature cross-chain destination for its Intents Connect product, letting users borrow, trade, and stake on Sui directly from other chains without bridging, switching wallets, or buying SUI for gas. NEAR Intents provides the underlying liquidity, settlement, and cross-chain connectivity, with Aurora saying its solver network has routed over $30 billion. Because Sui isn't EVM-based, the integration required adapting to its object model, address format, and transaction structure.

SUINEAR IntentsSui

13 hours ago

Genius.fun Launches BNB Chain Platform for Corporate Ownership

Genius Foundation has launched Genius.fun on BNB Chain, letting crypto communities create tokens, build treasuries holding tokenized public company stocks, and coordinate shareholder actions. Trading pairs support BNB, USDT, USDC, and tokenized assets like Ondo, bStocks, xStocks, and 4Stocks. Creators earn up to 1.25% in trading fees, with another 0.25% going toward token buybacks and locking. Tokens can migrate to PancakeSwap after hitting a 15 BNB threshold. The platform pitches itself as a tool for communities to move beyond meme trading into corporate ownership coordination, though it hasn't disclosed details on asset custody or voting rights management.

BNBtokenized stocksCommunity Tokentokenization+3

16 hours ago

Bullcheese.fun Launches on Circle's Arc With Concentrated Liquidity Model

Bullcheese.fun has gone live on Circle's Arc Layer 1 mainnet, introducing a memecoin launchpad that replaces the traditional bonding curve with a single-sided concentrated liquidity model. Users can create and trade tokens using USDC as the primary pricing and settlement asset, with no separate graduation phase needed to reach a DEX. The platform deposits the full one billion token supply into a Uniswap v3 liquidity position and charges a 1% fee per trade, 75% of which is distributed to token creators in USDC. Liquidity locks are provided by Team Finance's TrustSwap for terms ranging from 90 days to five years. Arc uses USDC as its native gas asset, is EVM-compatible, and supports sub-second finality.

USDCConcentrated Liquiditymemecoin launchpadliquidity lock+4

17 hours ago

Aave to Launch Avalanche RWA Hub Backed by Tether's USA₮

Aave plans to launch an RWA Hub on Avalanche, letting institutions borrow Tether-backed USA₮ stablecoins against tokenized financial assets without selling their holdings. Built on Aave V4 with isolated collateral rules and shared liquidity, the market's first assets and launch date remain unannounced. The move aims to bring tokenized assets from issuance into credit markets, marking Aave's further push into institutional lending.

AVAXAvalancheTetherAave+2

2026-09-16

What Is ARGUS Coin? Arc Launchpad Token Makes MEXC Debut

ARGUS is the native token of Argus, a launchpad on the Arc blockchain that combines token creation, discovery, trading, and holder rewards in one on-chain interface. It listed on MEXC on September 16, 2026, with ARGUS/USDT and ARGUS/USD1 spot pairs and perpetual futures offering up to 20x leverage. The token opened around $0.0308, surging over 500% on day one with spot volume above $5 million. The platform uses a direct-to-liquidity-pool launch model that skips migration, and creators can set buy/sell taxes from 0% to 10%, with tax and liquidity fees distributed to the protocol, creators, buyback-and-burn, and holder rewards.

ARGUSArc blockchainliquidity poolHolder Rewards+3

2026-09-16

Kamino Taps Michael Weisz as CEO to Drive U.S. Expansion

Kamino, a lending protocol on Solana, has appointed Yieldstreet co-founder Michael Weisz as CEO to lead its U.S. expansion. The company plans to establish a New York headquarters and build out teams across finance, legal, compliance, and business development, with a focus on institutional credit and tokenized asset lending. Kamino currently holds about $1.43 billion in TVL and $1.02 billion in active loans, while its PRIME deposits surpassed $600 million in just 107 days. The move signals a traditional finance executive stepping into a major Solana lending protocol, accelerating its institutional push.

SOLKaminoSolanaDeFi+1

2026-09-16

How Ave's Arc Chain Integration Powers Stablecoin Finance

Ave completed its integration ahead of the public mainnet launch of Circle's Arc chain on September 16, 2026, letting users access cross-chain swaps, onchain trading, market data, and asset tracking from day one, covering assets across 22 launch platforms. Arc is an open Layer 1 built for stablecoin finance, global payments, FX, and onchain capital markets, using USDC for network fees with sub-second finality and EVM compatibility. Early integration could reduce liquidity fragmentation and improve accessibility, though whether it translates into lasting liquidity and real stablecoin activity remains to be seen.

USDCStablecoin FinanceCross-chain swapsonchain trading+4

2026-09-16

What's Wrong With Stablecoins? Ripple CTO Emeritus Schwartz Makes Surprising Admission

Ripple CTO Emeritus David Schwartz admits early blockchain developers made a fundamental mistake: they assumed all USD stablecoins would share the ticker "USD," with no need for separate ledger-level tickers and wallets mapping issuers on their own. The result is a fragmented DeFi ecosystem where USDT, USDC, and RLUSD operate in silos, forcing users to constantly switch between symbols. Schwartz proposes splitting asset display into two layers: a global ticker defining the underlying asset, and user-defined tickers based on trust in specific issuers. He personally treats RLUSD, USDT, and USDC as equivalent dollars, but others can set their own trust boundaries.

XRPTicker SymbolsDavid SchwartzStablecoins+3

2026-09-15