SUI Group partners with Ethena to launch stablecoins, reducing reliance on USDC

Key Takeaways SUI Group partners with Ethena to launch new stablecoins on the Sui blockchain, aiming to reduce reliance on USDC. The new stablecoins are yield-bearing, designed to subsidize network fees and support sustainable models for the Sui ecosystem. Share this article SUI Group, a Nasdaq-listed treasury management company, partnered with Ethena, a yield-generating stablecoin protocol, to launch new stablecoin offerings that will decrease the Sui blockchain ecosystem’s dependence on Circle’s USDC. The collaboration involves Ethena launching yield-bearing stablecoins designed to subsidize network fees and promote sustainable economic models within…

Stripe Tool Lets Companies Launch Custom Stablecoins

Global payments firm Stripe is deepening its crypto offerings with a tool it says will allow any business to launch and manage their own stablecoin “with just a few lines of code.” The tool, called “Open Issuance,” will allow businesses to “mint and burn coins freely, and customize their reserves to manage the ratio between cash and treasuries and choose their preferred partners,” Stripe said on Tuesday. The service, one of more than 40 offerings Stripe announced this week, will be backed by Bridge — a stablecoin infrastructure company Stripe…

Nine European banks to launch euro-denominated stablecoin

Key Takeaways Nine major European banks, including ING, Banca Sella, KBC, Danske Bank, and UniCredit, plan to launch a euro-denominated stablecoin. The consortium has been formed and is headquartered in the Netherlands, where it is seeking a license as an e-money institution supervised by the Dutch Central Bank. Share this article Nine European banks announced plans today to launch a euro-denominated stablecoin. The consortium includes major financial institutions ING, a Netherlands-based multinational bank, Banca Sella, KBC, Danske Bank, and UniCredit. The stablecoin launch aligns with the EU’s Markets in Crypto-Assets…

MoneyGram App to Launch in Colombia For Stablecoin Savings and Transfers

MoneyGram’s digital payments app is set to launch in Colombia, offering locals a way to save in US dollar stablecoins as the Colombian peso continues to weaken. MoneyGram’s crypto service is powered by the Stellar network and leverages Crossmint for self-custody, enabling users to store the USDC (USDC) stablecoin and transfer it overseas nearly instantly.  In a statement on Wednesday, MoneyGram said Colombia is the “ideal launch market” as Colombian families receive more than 22 times the money they send abroad. “For millions of people around the world, sending money…

CME to launch Solana and XRP futures options on October 13, 2025

Key Takeaways CME Group will launch futures options for Solana (SOL) and XRP. The launch date is set for October 13, 2025. Share this article CME Group will launch futures options for Solana and XRP on October 13, 2025. The Chicago-based derivatives exchange will add the new crypto derivatives products to its existing digital asset offerings. The launch will provide institutional and retail traders with additional tools to hedge positions and speculate on price movements for both digital assets. The futures options will be based on CME’s existing Solana and…

Polymarket CEO confirms readiness to launch in US after CFTC event contract ruling

Key Takeaways Polymarket is set to launch US operations after the CFTC issued a no-action letter regarding event contracts. The company’s $112 million acquisition of QCEX’s holding company establishes Polymarket US and Polymarket Clearing for regulated prediction contract trading. Share this article Polymarket CEO Shayne Coplan said the Commodity Futures Trading Commission’s (CFTC) recent no-action letter on event contracts provides the regulatory clarity needed for the platform to go live in the US. In a statement praising the regulator, he described the process as completed in record time and called…

Coinbase To Launch Futures Index Mixing Crypto, Tech Stocks

Crypto exchange Coinbase is set to roll out a futures product tracking the top US tech stocks, crypto exchange-traded funds, and its own shares to offer exposure to equities and crypto in a single contract. Coinbase Derivatives said on Tuesday it’s launching the “Mag7 + Crypto Equity Index Futures” on Sept. 22, which will track the “Magnificent 7” tech stocks Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla, BlackRock’s Bitcoin (BTC) and Ether (ETH) ETFs and Coinbase’s stock. “Historically, there has been no US-listed derivative that provides access to both…

Coinbase to launch traditional equities futures with first Mag7 and crypto equities index

Key Takeaways Coinbase is launching traditional equities futures products starting with indices tracking the Magnificent Seven and crypto equities. This move marks Coinbase’s first entry into traditional equity derivatives, diversifying beyond its core crypto offerings. Share this article Coinbase is expanding its derivatives lineup with the launch of Mag7 + Crypto Equity Index Futures, marking its first entry into traditional equity derivatives. The contracts will debut on September 22 and provide combined exposure to both US tech giants and crypto-related equities. The index will track the Magnificent Seven stocks, Apple,…

Pendle Finance Raises $3.5 Million to Launch Tokenized Yield Market

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Pendle Finance raises $3.5M to launch secondary market for DeFi yields

Pendle Finance, a DeFi protocol that allows users to tokenize and sell future yields, has completed a private investment round worth $3.5 million to power the next phase of its platform’s evolution.  The private investment round included contributions from several companies, including CMS, DeFi Alliance, Lemniscap, Hashkey Capital, imToken and Spartan Group, among others. The team is being advised by industry leaders from such projects as Kyber Network and KeeperDAO. Pendle’s co-founder, referred to as TN, said his platform allows users to trade the “ever-increasing yield” offered by DeFi products…