17h ago
US senators and White House reach stablecoin yield compromise ahead of April vote
US lawmakers and White House officials agreed in principle on Friday to settle rules for yield on stablecoins, aiming to unblock broader crypto legislation in the Senate Banking Committee. The framework would still prohibit issuers from paying interest directly, while allowing platforms to offer regulated rewards tied to reserve-backed instruments, with caps linked to Treasury rates under discussion. The compromise is expected to be put into formal text before an April committee vote.
TUSD
TUSD+0.01%
17h ago
18h ago
Fidelity asks SEC for clearer broker-dealer rules on crypto custody and trading
Fidelity Investments urged the U.S. SEC to speed up rulemaking that would integrate crypto assets into existing market structures, with a focus on alternative trading systems. The firm said broker-dealers still need clearer guidance to offer, custody and trade crypto assets and to support crypto-security trading pairs. Fidelity also pressed for clearer standards for secondary trading of tokenized securities and for clarification on using blockchain for recordkeeping and on-chain settlement.
BTC
BTC+5.12%
18h ago
19h ago
Across Protocol's Mar. 22 temp check fuels debate over tokens vs. equity models
Across Protocol has floated a temperature check proposal dated Mar. 22 to move away from a token-and-DAO setup toward an equity-based corporate structure. Investors and analysts cited governance speed, partnership friction, and token designs that often lack direct claims on revenue as reasons more projects may weigh similar restructurings, while noting tokens can still fit some protocols.
BTC
BTC+5.12%
19h ago
21h ago
RWA.io report: Banks accelerate tokenized deposits to bring cash onchain
Banks are ramping up tests of tokenized deposits to move commercial bank money onto blockchain-based payment and settlement rails. The RWA.io report says these bank-issued liabilities are developing alongside stablecoins and CBDCs within an emerging onchain cash stack, with multiple pilots underway in Europe. It also notes the ECB's parallel work on digital euro infrastructure, including Pontes, which is scheduled to launch in Q3 2026.
ADA
ADA+5.66%
21h ago
1d ago
Fidelity asks SEC to expand broker-dealer rules for crypto and tokenized securities on ATS
Fidelity Investments told the US SEC on Friday that the agency should keep building a clearer framework for broker-dealers to offer, custody and trade crypto assets on alternative trading systems. The firm said comprehensive rules are "critical" for tokenized securities, including third-party issuances, and it also urged guidance to allow distributed ledger technology for ATS recordkeeping.
BTC
BTC+5.12%
1d ago
1d ago
Resolv USR briefly collapses after ~80M unbacked mint; attacker extracts ~$25M
Resolv’s dollar-pegged USR stablecoin depegged after an exploit let an attacker mint about 80 million unbacked USR and pull roughly $25 million. USR fell to $0.025 on Curve and later rebounded to around $0.85, while the attacker accumulated 11,409 ETH worth about $23.7 million and another address held about $1.1 million in wstUSR. Resolv Labs said it paused all protocol functions and that its collateral pool remains fully intact with no underlying assets lost.
BTC
BTC+5.12%
1d ago
1d ago
Resolv Labs says collateral intact after USR exploit mints 80M unbacked tokens
Resolv Labs said its collateral pool remained fully intact after a Sunday exploit disrupted USR’s issuance mechanism and knocked the stablecoin off its peg. The attacker minted 80 million unbacked USR, sending the price as low as $0.14 before it rebounded to $0.42 at the time of writing. Several DeFi protocols moved to limit exposure, while onchain tracking suggested most of the proceeds were swapped into ETH.
BTC
BTC+5.12%
1d ago