Today's News
🔥 DeFi | Aave Core Market Reaches 100% Utilization, Sparking Liquidity Crisis
Aave's core market utilization hit 100%, locking up approximately $5 billion in USDT and USDC. This liquidity stress reportedly began with a $292 million exploit related to the Kelp DAO rsETH bridge.
⚡ DoorDash to Use Stablecoins for Cross-Border Payments
DoorDash announced its partnership with Tempo to enable stablecoin payments to employees and merchants in over 40 countries. This initiative aims to shorten settlement times and reduce foreign exchange spreads for international transactions.
📉 Strategy Holdings Surpass BlackRock's IBIT to Become the World's Largest Bitcoin Holding Entity
Strategy (MSTR) has officially surpassed BlackRock's iShares Bitcoin Trust ETF (IBIT) to become the largest single holder of Bitcoin globally. As of April 20th, MSTR holds 815,061 BTC, exceeding IBIT's 802,824 BTC.