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Circle Buys Interop Labs — So Why Did Axelar (AXL) Drop?
Circle, the company behind USDC, has agreed to acquire Interop Labs, the original development team behind the Axelar network. However, the deal does not include Axelar itself, its foundation, or the AXL token, all of which will continue operating independently. Under the new setup, Common Prefix, a long-time Axelar contributor, will take over as the network’s lead developer. What Circle Is Actually Buying Circle is bringing Interop Labs’ team and proprietary technology in-house to speed up development of its Arc blockchain and Cross-Chain Transfer Protocol (CCTP). The acquisition is expected to close in early 2026. Circle’s CTO, Nikhil Chandhok, said the move is aimed at making blockchain connectivity easier and positioning Circle as a central hub for multichain finance. Both Circle and Interop Labs were clear that Axelar remains separate. The network will stay community-governed, open-source, and independent, even as the original team transitions to Circle. What’s Next for Axelar With Interop Labs moving on, Common Prefix will now lead Axelar’s development. The team has outlined its priorities for 2026, which include. Expanding Axelar to support new protocols and asset types Cutting back on underperforming chains Introducing co-staking with blue-chip assets to strengthen security. Improving privacy and compliance for institutional adoption Exploring gasless bridging for zero-fee transfers.Common Prefix emphasized its deep academic and technical background, as well as its belief in a multichain future where Axelar plays a critical interoperability role. The Big Picture The sell-off reflects uncertainty, not the end of Axelar. The project’s future now depends on whether Common Prefix can deliver on its roadmap, maintain momentum, and convince the market that Axelar still has long-term value — even without its original builders.
Yield Guild Games (@YieldGuildGames) is a major force in the play-to-earn and Web3 gaming world. Through its Quest of the Day program, YGG gives players daily challenges where they can earn YGG Play Points by completing specific in-game tasks. These points unlock different benefits across the YGG ecosystem, making gaming more rewarding.Rewards aren’t credited instantly. YGG Play Points are distributed daily at 00:00 UTC after quest completion. How to Start Head to the YGG Play Launchpad, follow the official quest link, enroll, and start playing. Complete the objective and earn your points. Final Thoughts With programs like Quest of the Day, Yield Guild Games continues to push play-to-earn forward, giving players real incentives to stay active in Web3 gaming. The Base Runner quest is a great chance to earn rewards while enjoying gameplay—and it’s another step toward YGG shaping the future of decentralized gaming. @Yield Guild Games #ygg $YGG