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$XLM đã bứt phá hơn 14% vào thứ Tư sau khi gã khổng lồ hạ tầng giao dịch sau ở Phố Wall thông báo rằng họ đã chọn mạng Stellar làm nền tảng blockchain công khai cho nền tảng chứng khoán token hóa của mình. Token giao dịch ở mức $0.1692 với khối lượng 24 giờ đạt $442 triệu, tăng 382%, trong khi vốn hóa thị trường của nó đạt $5.67 tỷ. Về mặt kỹ thuật, XLM đã vượt qua cả mức trung bình động hàm mũ 20 ngày và 50 ngày và phá vỡ ngưỡng kháng cự $0.165.
DTCC Chọn Stellar cho Thanh Toán Tài Sản Token Hóa
Công ty Giám sát và Thanh toán Chứng khoán (DTCC), với các công ty con đã xử lý $4.7 triệu tỷ giao dịch chứng khoán vào năm 2025, có kế hoạch kết nối nền tảng chứng khoán token hóa của mình với mạng Stellar, mở rộng nỗ lực lớn hơn của các công ty Phố Wall trong việc chuyển đổi tài sản tài chính truyền thống lên các đường ray blockchain.

Một mô hình khác cho tín dụng trên chuỗi
@JupiterExchange đã mở Beta Công Khai của Offerbook, một thị trường tín dụng ngang hàng được xây dựng trên @solana nơi những người vay và cho vay thương lượng các điều khoản trực tiếp với nhau. Cấu trúc rất đơn giản: lãi suất cố định, thời hạn cố định, và không có chuỗi thanh lý nào được kích hoạt bởi sự biến động giá của oracle. Nếu một khoản vay không được trả vào ngày hết hạn, người cho vay sẽ yêu cầu tài sản đảm bảo bất kể giá trị thị trường hiện tại của nó.
Offerbook là một thị trường cho vay ngang hàng không cần giấy phép, dựa trên thời gian cho bất kỳ tài sản Solana nào, bao gồm token, tài sản thế giới thực (RWAs), và NFTs, mà không có việc thanh lý dựa trên giá. Điểm cuối cùng này rất quan trọng. Các nền tảng cho vay truyền thống phụ thuộc vào cơ chế thanh lý dựa trên giá để giảm thiểu rủi ro. Nếu giá trị của một tài sản giảm xuống dưới một ngưỡng nhất định, khoản vay có thể bị thanh lý để thu hồi nợ của người vay. Offerbook loại bỏ điều này bằng cách sử dụng các thỏa thuận dựa trên thời gian, trong đó khoản vay được thanh toán vào cuối khoảng thời gian đã thỏa thuận, bất kể sự biến động giá.

Manuel Aráoz, đồng sáng lập công ty bảo mật blockchain OpenZeppelin, đã có một tuyên bố mạnh mẽ trong tuần này: ông giờ coi tất cả DeFi là không an toàn. Trong một bài đăng trên X, ông cho biết đã khuyên bạn bè và gia đình rút khỏi mọi vị thế DeFi mà họ nắm giữ, bao gồm cả những đồng tiền trong các giao thức blue-chip đã được thiết lập như Aave, MakerDAO và Compound.
Nguyên nhân thì rõ ràng. Các chuyên gia trong ngành cho biết các công cụ lập trình sử dụng AI đang hạ thấp rào cản kỹ thuật cho kẻ tấn công, cho phép các lỗ hổng được phát hiện và khai thác nhanh hơn nhiều so với khả năng phòng thủ của nhiều giao thức. Mối quan tâm của Aráoz là sự bất đối xứng đã trở nên không thể chấp nhận: những người phòng thủ phải bịt mọi lỗ hổng, trong khi một kẻ tấn công chỉ cần một lỗ hổng để làm cạn kiệt một giao thức ngay lập tức và không thể đảo ngược.

A Regulatory Perimeter That Could Shut Out the World
The Solana Research Institute (@Solana_SRI) has raised the alarm over the UK's approaching cryptoasset regime, arguing that the rules as currently drafted will make basic blockchain participation commercially unviable for firms operating in the country. The warning arrives as the clock ticks toward a hard deadline: the FSMA Cryptoassets Regulations 2026 introduce a full licensing regime for the first time, marking a shift away from the temporary registration model, with full enforcement set for October 2027.
The institute draws a striking historical parallel, likening the UK's approach to Japan's 17th-century "sakoku" isolation policy. The concern is not the principle of regulation itself, but its scope. Under the proposals, delegated and liquid staking would fall under FCA oversight even where stakers' assets never leave their own wallets. Non-custodial wallet providers could also be caught simply by offering transaction-signing software.
Validators and node operators face particular exposure: the FCA has warned that those involved in such activities will lose their pure technology exemption the moment they offer "added value" features, including user dashboards, yields, or reward-compounding tools, at which point they must seek full approval for arranging staking.
The stablecoin picture is equally restrictive. The UK's exemption covers only UK-authorized stablecoins, leaving $USDC and $USDT, as well as virtually every other major stablecoin in active use, outside its protections. For stablecoin issuers, the FCA considers issuance legal only if the issuer is established in the United Kingdom and manages the entire lifecycle, from initial offering through to redemption and reserve maintenance.
The Cost of Compliance Could Price Out Mid-Tier Operators
The Solana Research Institute puts concrete numbers on the burden. A mid-tier Solana validator earning between $250,000 and $400,000 annually would face $70,000 to $170,000 in one-off authorization costs, plus ongoing compliance expenses equivalent to 15 to 30 percent of annual revenue. For many operators, that arithmetic simply does not work. The more likely outcome, the institute argues, is that overseas providers geofence UK users rather than register with the FCA.
For crypto firms headquartered outside the UK that market services to UK retail customers, the FCA's overseas firm provisions mean that the authorization requirement applies regardless of where the firm is incorporated. That gives international operators a binary choice: absorb the compliance cost or exit the UK market entirely.
The contrast with peer jurisdictions is pointed. The EU, Switzerland, and the US all exempt non-custodial staking from equivalent regulatory requirements. The UK, by treating the same activity as a regulated service, risks creating an isolated market that global participants choose to avoid rather than navigate.
The FCA has invited views on its perimeter guidance proposals, with responses due by 3 June 2026, and intends to publish final rules in policy statements this summer. For the industry, that consultation window is the last meaningful opportunity to push back before the framework is locked in.
Sources:
FCA CP26/13: Cryptoasset Perimeter Guidance (FCA.org.uk)
Final UK Crypto Rules Are Expected in 2026 (Skadden)
FCA Releases Finalized Cryptoasset Rules (CoinDesk)

Manuel Aráoz (@maraoz), đồng sáng lập công ty bảo mật blockchain @OpenZeppelin, đã công khai một lời cảnh báo trong tuần này: ông hiện coi tất cả các sản phẩm tài chính phi tập trung (DeFi) là không an toàn. Nguyên nhân, ông lập luận, là do cấu trúc. "Các tác nhân mã hóa siêu phàm trong việc tìm ra các lỗ hổng, và bảo mật hợp đồng thông minh quá không đối xứng: những người bảo vệ cần khắc phục mọi lỗi trong khi kẻ tấn công chỉ cần một lỗ hổng để đánh cắp tài sản." Aráoz cho biết ông đã bí mật khuyên bạn bè và gia đình rút lui khỏi tất cả các vị thế DeFi, bao gồm những gì ông mô tả là các đồng tiền blue chip rủi ro thấp như Aave ($AAVE), MakerDAO ($MKR) và Compound ($COMP).

Block's Cash App has begun rolling out USDC stablecoin payments to about a quarter of its nearly 60 million users, with plans to reach all users by the end of the week. Cash App will support $USDC on Solana, Ethereum, Polygon, and Arbitrum as a payments rail, while warning that blockchain transfers are irreversible and the feature is unavailable in New York and for sponsored accounts.
The move marks a notable shift for CEO Jack Dorsey, a longtime bitcoin-only advocate, who now acknowledges customer demand for stablecoins despite his ideological reservations. To start, Cash App users face caps of $2,000 daily and $5,000 weekly in sending limits, and a $10,000 weekly receiving limit in $USDC.
Payments Rail, Not a Yield Product
The integration treats stablecoins strictly as a payment method rather than investment infrastructure. Users can deposit Circle's $USDC from external accounts to fund their fiat Cash App balance, or withdraw funds as stablecoins to external accounts, using the blockchain as a modern transaction rail.
Each Cash App user gets a unique blockchain deposit address for $USDC transactions, meaning anyone with a standard Solana wallet can send $USDC to a Cash App account. Conversion between USDC and USD happens automatically within the app, with no separate crypto wallet to manage, no bridging between chains, and no gas fee anxiety.
That framing sits squarely inside the regulatory direction currently taking shape in Washington. Pending stablecoin legislation, including the CLARITY Act, is focused on treating stablecoins as payment instruments rather than investment contracts, a distinction Block appears to be deliberately leaning into.
Block's Bitcoin Layer Keeps Building
The $USDC rollout arrived on the same day Block (@BitcoinatBlock) made a series of $BTC-focused announcements. Block announced the launch of a new Bitkey hardware wallet with a secure screen, alongside new Cash App features for earning bitcoin automatically, and Proof of Reserves across Block's corporate treasury bitcoin holdings, and Cash App and @Square customer holdings.
The new Bitkey device has a secure touchscreen that serves as the verification layer for transactions and security settings. By integrating transaction approval and security controls into the hardware, Bitkey aims to give users full control over both funds and system integrity. The wallet continues to operate on a 2-of-3 multisignature model and removes the need for seed phrases.
At Bitcoin Las Vegas 2026, Block also demonstrated NFC tap-to-pay with @Square, showing how merchants can accept bitcoin as easily as any contactless card. Lightning Network enables near-instant settlement, while Square's integration handles the complexity behind the scenes. With 0% processing fees through 2026, merchants get paid faster and keep more of their revenue.
Together, the announcements show Block running two parallel tracks: a bitcoin-native infrastructure layer built around self-custody, merchant payments, and on-chain transparency, and now a stablecoin layer scaled to tens of millions of everyday users.
Sources:
CoinDesk: Block kicks off Cash App's phased stablecoin rollout to its nearly 60 million users
Block.xyz: Block launches Bitkey wallet with screen, automatic bitcoin earning on Cash App, and Proof of Reserves
Crypto Briefing: Block's Cash App rolls out USDC payments to 15 million users this week

Văn phòng Quản lý và Ngân sách Nhà Trắng (OMB) đang xem xét một đề xuất mới từ Ủy ban Giao dịch Hàng hóa Tương lai (@CFTC) sẽ thiết lập các hướng dẫn chính thức cho hợp đồng sự kiện, theo thông báo của chính phủ Mỹ. Các điều khoản cụ thể của đề xuất chưa được công khai. Khi cuộc đánh giá của Nhà Trắng hoàn tất, quy tắc sẽ được mở ra để lấy ý kiến công chúng.
Trump ủng hộ @CFTC, chỉ định các đối thủ tiểu bang
Thời điểm này mang lại sức nặng chính trị cho một quy trình quy định vốn đã căng thẳng. Tổng thống Donald Trump đã đăng trên Truth Social rằng điều này "cực kỳ quan trọng để quyền hạn độc quyền của CFTC đối với Thị trường Dự đoán được duy trì," công khai ủng hộ Chủ tịch CFTC Michael Selig trong việc bảo vệ quyền tài phán liên bang đối với các hợp đồng sự kiện trước các thách thức pháp lý ở cấp tiểu bang. Trump đã chỉ định Chris Christie, Letitia James, Tim Walz và JB Pritzker là những đối thủ của lập trường đó.

The Bank for International Settlements (@BIS_org) has published the findings of Project Agora, confirming that tokenizing central bank reserves and commercial bank deposits can deliver atomic settlement across currencies and jurisdictions. The prototype works. Real-value testing is the next phase.
What Project Agora Found
The initiative, a joint effort between the BIS and more than 40 private financial institutions, concluded that tokenizing central bank reserves and commercial bank deposits could significantly improve the speed and reliability of payments across borders. More specifically, the project demonstrated that atomic, multi-currency settlement of wholesale cross-border payments is achievable securely and with finality across currencies and jurisdictions. By using smart contracts, the shared platform allows financial institutions to embed compliance requirements and conditional payment triggers directly into transactions, reducing reconciliation burdens and manual friction.
The Bank of Canada joined the initiative this week, announcing it will participate in ongoing testing of the multi-currency unified ledger. It joins the Federal Reserve Bank of New York, Bank of England, Bank of Japan, Bank of Korea, Swiss National Bank, Bank of France, and Bank of Mexico. The private-sector roster includes JPMorgan, Mastercard, BNP Paribas, Standard Chartered, and Euroclear, among others. The current testing phase is expected to last around six months, after which findings will be presented to policymakers.
Wall Street Is Moving in the Same Direction
The BIS findings land as institutional momentum around tokenization continues to build. DTCC and the Stellar Development Foundation announced on May 27 that they plan to connect DTCC's tokenized securities platform to the Stellar ($XLM) network. Tokenized assets custodied by DTCC's Depository Trust Company could become available on Stellar during the first half of 2027, as part of a broader multi-chain strategy. DTCC plans to begin limited production trades in July 2026, with a full platform launch set for October, covering Russell 1000 stocks, major ETFs, and US Treasuries. Nasdaq and ICE are also developing their own blockchain-based tokenized stock systems.
The convergence of central bank validation and Wall Street infrastructure investment marks a meaningful shift. What stablecoins and DeFi have demonstrated at the retail and permissionless layer, Project Agora is now confirming at the wholesale level. The regulated plumbing of global finance is being rebuilt on tokenized rails.
Sources:
CoinDesk: BIS Project Agora finds tokenization could make cross-border payments faster, safer
Bank of Canada: Bank of Canada joins BIS Project Agora
CoinDesk: DTCC taps Stellar for tokenized securities network

A New Set of Curves for the XRPL AMM
The XRP Ledger Foundation (@XRPLF) published a new draft standard on May 26 that would significantly upgrade the network's automated market maker. The proposal appears in XRPL Standards discussion #547 under the title "AMM Swappable Curves" and is currently marked as a draft amendment proposal. The document lists Denis Angell and Roman Thpt as authors and identifies XLS-30, XRPL's existing AMM standard, as a required dependency.
The draft amendment would upgrade the XRP Ledger's automated market maker by adding three new curve types: constant product, concentrated liquidity, and StableSwap, with a programmable Smart AMM to follow. XRPL's current AMM design uses a constant-product model, similar to the structure used by early decentralized exchanges, functioning as a geometric mean AMM with a 0.5 weight parameter.
Concentrated liquidity pools, inspired by Uniswap v3, allow liquidity providers to place funds within selected price ranges rather than across the full market range, improving capital use when trading stays inside active price bands. StableSwap pools are designed for assets that trade closely together, such as stablecoins, tokenized cash products, FX pairs, and certain real-world asset markets, providing smoother pricing and lower slippage when assets have similar values. A companion Smart AMM specification extending this architecture with fully programmable WebAssembly-based pools is to be defined in a forthcoming companion specification.
The draft is designed to preserve compatibility with existing XRPL AMM pools. Current pools would default to CurveType 0, meaning they would continue operating under the existing constant-product model. For new pools, the selected curve type would become part of the AMM pool key, allowing multiple pools for the same asset pair to exist under different curve models. The XRPL payment engine already routes across AMM pools and the order book, and adding curve diversity multiplies liquidity sources without changes to pathfinding.
Why the Timing Matters for XRPL
The proposal comes as more than $3 billion in tokenized real-world assets, including a recent Ripple-JPMorgan pilot, sit on XRPL. Stablecoin 30-day transfer volume on the ledger has reached $1.93 billion, up 9.92%. The proposal arrives as XRPL continues to position itself around institutional DeFi, stablecoins, and tokenized assets, with Ripple previously highlighting XRPL's AMM infrastructure as part of its support for regulated tokens such as RLUSD.
Moving institutional capital on-chain is one leg of any financial strategy. Letting that capital earn yield, get borrowed against, or trade efficiently against other tokenized assets requires DeFi infrastructure that actually works for the task. The draft proposal is currently in the community feedback stage, and XRPL developers and validators will need to review and approve the technical specifications before any code is integrated into the ledger.
Sources:
XRPL Standards Discussion #547: AMM Swappable Curves (GitHub)
CoinDesk: XRPL Could Close Its Biggest DeFi Gap If New AMM Amendment Passes
Crypto Times: XRP Ledger Foundation Publishes AMM v2 Standard for XRPL DEX

Tokenized @Pokemon TCG marketplaces recorded a combined $7.4 million in weekly revenue during the first week of May, a 337% increase year over year, according to The Block. The figure marks a fresh all-time high for the sector and signals that on-chain trading card platforms have developed durable demand well beyond early speculative peaks.
Three Platforms, One Surging Market
Courtyard led the field with a 46% share of weekly revenue, followed by Collector Crypt at 27% and Phygitals at 26%. Unlike a prior weekly high that was concentrated in a single Collector Crypt pump around its token generation event, the current record has stacked across six consecutive weeks, with Courtyard responsible for the majority.
Courtyard issues NFTs on Polygon tied to cards stored and insured by Brink's, with redemption rights for physical assets. The platform has raised $37 million in funding, including a $30 million Series A in July 2025 led by Y Combinator, ParaFi Capital, and NEA. Collector Crypt operates on Solana and revolves around vaulted physical Pokemon cards that users can open on-chain or redeem for the actual card.
Courtyard's model, which uses physical cards vaulted with a third-party custodian and backed by an NFT redeemable for the physical card, is attracting collectors seeking fractional liquidity without crypto-native speculation risk. The tokenization layer is being used as a liquidity wrapper rather than a purely speculative venue, with cards flowing out for physical delivery, validating the pricing function of the on-chain market.
Anniversary Tailwinds and the RWA Question
The timing is notable. The Pokemon TCG is turning 30 this year, with the celebration featuring a simultaneously coordinated global launch in participating markets, followed by additional product releases throughout the year. The flagship 30th Celebration set is scheduled to launch in Japan on September 16, with every card in the pack printed as holofoil and six cards per booster instead of the usual five. The Japanese release is expected to be followed shortly after by the set's worldwide debut, previously confirmed as a simultaneous launch. Collector interest is already elevated, with Google Trends showing worldwide searches for "Pokemon cards" near all-time highs.
The broader read from analysts is that tokenized collectibles have moved past the "NFT adjacent" category and into a workable real-world asset subcategory. This creates a template for the broader "tokenized IP and collectibles" thesis that NFT-era projects failed to produce. Whether platforms can sustain that positioning through a year-end anniversary product cycle, and beyond, remains the central question for the sector.
Sources
The Block: Pokemon TCG Marketplaces Near Record as Tokenized Collectibles Show Staying Power
The Pokemon Company: The Pokemon TCG Is Celebrating 30 Years with Special Worldwide Releases
Game Rant: Pokemon TCG Confirms Release Date for 30th Anniversary Set

@Mastercard đã giành được BitLicense từ Sở Dịch vụ Tài chính Bang New York (NYDFS), một cột mốc quan trọng mở đường cho gã khổng lồ thanh toán toàn cầu xử lý các giao dịch tiền điện tử có quy định thông qua công ty con MTS US của mình.
Nội dung phê duyệt bao gồm gì
Dịch vụ giao dịch Mastercard (Mỹ) LLC (MTS US) đã được cấp BitLicense bởi Sở Dịch vụ Tài chính Bang New York. Sự phê duyệt này cho phép Mastercard tích hợp tiền điện tử, bao gồm stablecoin và tiền gửi mã hóa, vào hạ tầng thanh toán cốt lõi của mình, mở rộng danh sách các tùy chọn thanh toán mà họ có thể cung cấp trên mạng lưới hơn 200 quốc gia.

Bridging Card Rails and On-Chain Liquidity
@0xPolygon has introduced Auth/Capture primitives to its Open Money Stack, a move designed to close the gap between how traditional card payments work and how on-chain stablecoin liquidity is managed.
The new infrastructure allows card issuers to place a hold on any ERC-20 asset, including $USDC, $USDT, and $PYUSD, and settle the final amount at a later point. Critically, the issuer does not need to take custody of the funds at any stage. The non-custodial design means that if a hold expires before settlement, the funds are automatically released back to the user without requiring any manual intervention.
The system operates across all major EVM-compatible networks, including @Ethereum and @Base, giving issuers broad reach without being locked into a single chain.
Part of a Larger Payments Push
The Auth/Capture feature sits within Polygon's broader Open Money Stack, a modular framework unveiled in January 2026 and intended to support stablecoin-based payments and streamline cross-border value transfers. The stack is designed to work across different blockchains and be customizable, allowing financial institutions and fintech firms to integrate components such as on-chain settlement, fiat access, and compliance tools.
The Open Money Stack is built on Polygon's existing blockchain infrastructure, which already processes billions in stablecoin transfers for fintechs, enterprises, and institutions, with many components already live and designed for high-volume payments and enterprise-grade reliability.
Stablecoin supply on Polygon has reached a three-year high of $3.3 billion, underscoring the network's growing role as a preferred settlement layer for fintechs and institutions seeking faster, programmable money movement.
The Auth/Capture primitive mirrors the authorization and capture flow that underpins most card transactions today, where a merchant places a temporary hold on a card at the point of sale and only captures the final charge once the transaction is confirmed. Replicating that mechanic on-chain, without custodial risk, is a key step toward making stablecoin-based card programs commercially viable for issuers.
By decoupling liquidity, settlement, and compliance into modular components, the platform enables institutions to adopt only the tools they need without overhauling their existing systems.
Sources:
CoinDesk: Polygon Labs Unveils Open Money Stack
Polygon: Open Money Stack Official Page
CryptoNews: Polygon Launches Open Money Stack for Onchain Settlement

@Rain__Protocol's native token $RAIN topped CoinGecko's gainers list on May 27 after the Rain Foundation announced a $100 million liquidity commitment timed to coincide with the launch of Rain V2 and the upcoming FIFA World Cup.
The token climbed 33% in 24 hours and now sits more than 480% above its all-time low recorded nine months ago, reflecting the sharp market reaction to the capital deployment.
A $100 Million Bet on the World Cup
Rain, the decentralized prediction markets protocol, committed the $100 million to support the launch of Rain V2 ahead of the FIFA World Cup. The injection is split equally between $50 million in USDT and $50 million in RAIN tokens, directed into the protocol's liquidity pools. The World Cup kicks off in June, and this is the first edition of the tournament since prediction markets have grown significantly in popularity and scale.
With this move, Rain becomes one of the top three largest prediction market ecosystems globally by Total Value Locked (TVL), alongside @Polymarket and @Kalshi, two of the dominant players currently leading the sector. As of May 2026, @Polymarket leads the prediction market category with approximately $450 million in TVL.
V2 Upgrade and Protocol Ambitions
Rain's V2 protocol includes major infrastructure upgrades to enhance scalability and liquidity efficiency, with a key addition being a new on-chain order book designed for both retail users and professional market makers. The protocol also uses AI-powered systems to streamline market creation, categorization, moderation, and resolution workflows.
Unlike centralized competitors, Rain is built as a fully decentralized and permissionless infrastructure layer, allowing developers, communities, companies, and AI agents to launch custom forecasting applications across all languages without centralized approval.
Roy Shaham, CEO of Rain, described the move as a pivotal moment. "The World Cup is expected to bring massive global attention to the space, and V2 is being built to support that scale from day one," he said, adding that the liquidity commitment "signals a new era for decentralized forecasting infrastructure."
Rain official press release via PR Newswire | Casino.org: Rain Announces $100M Liquidity Injection Ahead of World Cup | Enlivex Treasury Portfolio Update via GlobeNewswire

Gã Khổng Lồ Thanh Toán Phố Wall Di Chuyển Lên Chuỗi
@The_DTCC và @StellarOrg Development Foundation đã chính thức công bố một sự hợp tác để token hóa các tài sản được lưu giữ bởi DTC trực tiếp trên blockchain công khai Stellar. Sáng kiến này bao gồm một số chứng khoán phổ biến nhất trên thị trường Mỹ, với các tài sản được token hóa bởi DTC dự kiến sẽ có mặt trên mạng Stellar trong nửa đầu năm 2027.
Diễn biến này xây dựng trên một cột mốc quy định đã đạt được vào cuối năm ngoái. Vào tháng 12 năm 2025, SEC đã cấp cho DTC một bức thư không hành động trong ba năm liên quan đến các phiên bản token hóa của cổ phiếu Russell 1000, các quỹ ETF chỉ số lớn, và trái phiếu kho bạc Mỹ. Bức thư chỉ rõ rằng nhân viên SEC sẽ không khuyến nghị hành động thực thi chống lại DTC nếu họ hoạt động dịch vụ token hóa, cho phép việc chuyển nhượng các chứng khoán token hóa trên một số blockchain không cần phép thử nghiệm.

Một Stablecoin Được Quản Lý Liên Bang Dành Cho Các Tổ Chức
@falconfinance và @Anchorage đã chính thức ra mắt $fUSD, một stablecoin đô la Mỹ được thiết kế từ đầu để tuân thủ Đạo luật GENIUS, khuôn khổ stablecoin liên bang được ký thành luật vào tháng 7 năm 2025. Token này được phát hành trực tiếp bởi Ngân hàng Kỹ thuật số Anchorage, nơi vào năm 2021 trở thành tổ chức đầu tiên nhận được giấy phép ngân hàng liên bang từ Văn phòng Kiểm soát Tiền tệ (OCC) cho một công ty crypto-native, đặt nó trên cùng một mặt bằng quy định như các ngân hàng quốc gia truyền thống.

Bitcoin's decentralized exchange activity is turning heads. According to DeFiLlama, $BTC DEX volume climbed to $4.62 million over the past seven days, representing a weekly gain of more than 50%. That rate of growth has placed Bitcoin ahead of @Ethereum, @Solana, and even @Hyperliquid in terms of week-on-week DEX volume change.
LN Exchange and Bisq Lead the Charge
Two platforms are driving the bulk of this momentum: LN Exchange and Bisq. Both operate natively within the Bitcoin ecosystem, offering peer-to-peer and Lightning Network-based trading without routing activity through third-party smart contract chains.
Bisq, one of the longest-running Bitcoin-native DEXs, is an open-source, decentralised platform that allows users to trade $BTC directly with one another. It is designed to let people trade Bitcoin without any central authority, operating as software across a network of independent nodes rather than as a company or website. The platform was founded to preserve the core ethos of Bitcoin, offering a secure and decentralised environment for peer-to-peer trading.
Context: A Small But Rapidly Growing Market
To keep the numbers in perspective, Bitcoin's native DEX market remains a fraction of the volumes seen on Ethereum or Solana. CoinGecko tracked over 1,100 decentralised exchanges with combined daily trading volumes exceeding $6.48 billion in April 2026. Bitcoin's $4.62 million weekly figure sits well below those levels in absolute terms. What stands out, however, is the pace of growth rather than the raw size.
The broader DEX landscape has also seen some turbulence. Total DEX volume reached $284.5 billion in Q1 2026, an 18% decline quarter-on-quarter from Q4 2025, largely linked to reduced memecoin activity rather than competitive displacement. Against that backdrop, a 50-plus percent weekly surge in Bitcoin-native DEX volume is a notable divergence.
Perpetual DEX volume has surged past $1 trillion monthly, with Hyperliquid capturing 70 to 80% market share , making the comparison even more striking. Bitcoin's native DEX segment is not competing on absolute scale, but the directional momentum is clear: on-chain, non-custodial Bitcoin trading is picking up speed.
Whether this marks the start of a sustained trend or a short-term spike remains to be seen. But for an asset whose on-chain trading infrastructure has historically lagged behind newer smart contract platforms, a 50% weekly volume surge is a signal worth watching.
Sources:
DeFiLlama: DeFi Dashboard and Crypto Analytics
NFT Plazas: Decentralized Exchanges Statistics 2026
Coin Bureau: Bisq Review 2026

Terra Luna Classic ($LUNC) has reclaimed the $500 million market capitalisation level for the third time in a month, as the token extends a rally that has made it one of the better-performing assets in crypto this year.
$LUNC is trading at around $0.000092, up roughly 12 to 14 percent over the past 24 hours, according to CoinGecko. As of May 27, the total market cap stands at approximately $505 million, up more than 11 percent on the day.
A Sustained Run, Not Just a One-Day Spike
The move is part of a broader uptrend. Terra Luna Classic has outperformed Bitcoin, Ethereum, and top altcoins such as XRP, Pi Network, and Solana this year, with $LUNC up 123 percent year-to-date while Bitcoin has dropped nearly 14 percent, according to BanklessTimes. The token has jumped 460 percent from its November 2023 low, pushing its market cap back to the $500 million mark.
Trading volumes have also picked up sharply. $LUNC's 24-hour trading volume reached over $81 million, a nearly 200 percent increase from the prior day, signalling a clear rise in market activity. In the futures market, volume and open interest have climbed to $31 million and $30 million respectively.
Token Burns and Community Activity Driving Demand
A key structural driver behind the price action is the ongoing token burn programme. $LUNC is highly deflationary, with over 367 million tokens burned in the last seven days alone. Since the burn programme began in May 2022, more than 448 billion tokens have been removed from circulation. Binance has led these burns by incinerating all fees it collects on its platform, destroying 84.57 billion LUNC tokens and 4.42 million USTC to date. In May alone, Binance executed a single-day burn of 923 million LUNC, described as the largest in months, according to CCN.
On the governance side, the community approved a v4.0.1 patch with a 99.95 percent yes vote, implemented on May 6 to fix bugs and improve stability. The next major focus is the planned reactivation of Market Module 2.0, aimed at better controlling token issuance.
Still, questions remain about how durable the rally is. $LUNC's price is highly sensitive to retail sentiment and social media trends, and a major overhang is the unresolved legal and reputational damage from the May 2022 Terra ecosystem collapse. Price rallies are therefore prone to being categorised as speculative spikes rather than fundamental revaluations, and $LUNC's outlook remains a tug-of-war between a dedicated community engineering slow deflation and a market wary of its past.
Sources:
CoinGecko: Terra Luna Classic Live Price and Market Cap
BanklessTimes: Why is Terra Luna Classic Beating Bitcoin and Top Altcoins?
CCN: Terra Classic Price Surges to 15-Month High on Binance Burn

Banca Sella has become the first Italian bank to clear the regulatory hurdle that opens the door to crypto services under European law. The Biella-based lender has completed the notification process required under the EU's Markets in Crypto-Assets Regulation (MiCA) with the Bank of Italy, making it the first domestic bank authorised to launch crypto-asset services, specifically custody and transfer of digital assets.
Founded in 1886, Banca Sella is one of Italy's most established banking institutions. The MiCA clearance marks a new chapter, moving the bank beyond its earlier retail Bitcoin offering and into regulated, institutional-grade territory.
Custody and Digital Asset Transfers by End of 2026
The approval will allow Sella to launch, during the course of 2026, a dedicated solution for the custody, sending, and receiving of digital assets, targeted at specific categories of clients. The offering is designed for institutional and selected clients, covering $BTC alongside other digital assets including $ETH, $SOL, and $XRP, providing both secure custody and transfer capabilities within a fully regulated framework.
Qivalis: A 37-Bank Push for a Euro Stablecoin
Beyond its own crypto ambitions, Banca Sella is a founding member of Qivalis, a European banking consortium working to launch a compliant euro-pegged stablecoin. Qivalis has grown to 37 member institutions after onboarding 25 new banks across 15 countries, with the project targeting a second-half 2026 launch.
The euro-backed stablecoin will be supported by twelve leading European banks: Banca Sella, BBVA, BNP Paribas, CaixaBank, Danske Bank, DekaBank, DZ BANK, ING, KBC, Raiffeisen Bank International, SEB, and UniCredit. The offering is subject to authorisation by the Dutch Central Bank through Amsterdam-based Qivalis, ensuring full compliance with the EU's MiCA regulation.
Despite the stablecoin market reaching $305 billion in January 2026, 99% remains dollar-denominated, with euro-pegged assets representing just $650 million. The consortium aims to challenge this dollar dominance with a regulated, MiCA-compliant offering designed to become a trusted European payment standard.
Taken together, Banca Sella's MiCA notification and its Qivalis membership position the bank at the centre of Europe's evolving digital asset landscape, at a time when traditional finance and on-chain infrastructure are converging rapidly.
Sources:
Teleborsa: Banca Sella, prima banca in Italia a poter avviare servizi di cripto-attività
PR Newswire: Qivalis selects Fireblocks to power MiCAR-compliant euro stablecoin
CaixaBank: Qivalis joint venture to launch euro stablecoin in H2 2026

@SoFi has taken a significant step in bringing stablecoins into mainstream retail banking, making $SoFiUSD available to its 14.7 million members directly within its digital banking interface. The stablecoin is issued by SoFi Bank, N.A., its OCC-regulated national bank subsidiary, making SoFi the first national bank to issue a stablecoin on a public, permissionless blockchain in the US.
Members can now buy, hold, and convert digital dollars alongside their traditional savings accounts, with the token live on both Ethereum and Solana. SoFi chose Solana as an additional network citing the cost, settlement speed, and throughput the chain offers for payments use cases.
A Stablecoin Built for Banks and Consumers
SoFiUSD is a fully reserved US dollar stablecoin, and SoFi intends to use it as a stablecoin infrastructure provider for other banks, fintechs, and enterprise platforms, allowing them to tap into its bank-grade rails for faster and more efficient money movement. Banks and fintechs will be able to white-label SoFi's stablecoin, with those stablecoins interchangeable with SoFiUSD.
CEO Anthony Noto has been direct about the rationale. "Companies today struggle with slow settlement, fragmented providers, and unverified reserve models," he said, adding that SoFi aims to address these gaps by combining its regulatory standing with transparent, fully reserved on-chain technology.
Mastercard Partnership Adds Global Settlement Reach
The broader ambition extends well beyond retail wallets. SoFi announced an enhanced partnership with Mastercard to enable $SoFiUSD as a settlement option across Mastercard's global payments network. Together, the companies will explore how issuers and acquirers can settle card-based transactions using SoFiUSD, enabling faster money movement for use cases such as cross-border remittances and B2B transfers.
SoFiUSD is also expected to be supported across the Mastercard Multi-Token Network, the payments giant's digital asset platform, with the integration designed to support interoperability across fiat currencies, stablecoins, and tokenized deposits. Galileo, SoFi's technology platform, is expected to be among the first to offer its payment card clients and their issuing banks the choice to settle transactions in SoFiUSD. That opens the door for a much wider network of financial institutions to adopt stablecoin-based settlement without building their own infrastructure.
Sources:
SoFi Technologies: SoFi Launches Fully Reserved Stablecoin (Official Press Release)
Mastercard: SoFi and Mastercard Partner to Enable SoFiUSD Settlement (Official Press Release)
The Block: SoFi to Launch Its Stablecoin on Solana

Internet Computer ($ICP) đang gia tăng sự tiếp cận tới các tổ chức ở Châu Âu, với giám đốc điều hành @Dfinity @PierreSamaties sẽ trình bày khả năng đám mây chủ quyền của dự án cho các nhà quyết định chính phủ và doanh nghiệp tại Paris vào tuần tới.
Bài thuyết trình định vị $ICP như một công nghệ cốt lõi cho các tổ chức công và tư nhân yêu cầu quyền kiểm soát dữ liệu tuyệt đối và hạ tầng không có điểm thất bại duy nhất. Đây là một trong những nỗ lực có chủ đích hơn từ @Dfinity Foundation để đưa dự án ra ngoài cộng đồng crypto và vào các hành lang mua sắm của chính phủ.