Flare Network’s USDX stablecoin introduces treasury yields to DeFi, challenging established players like USDC in terms of economic utility.
Circle news
The prediction market has listed contracts for betting on events including a prospective Trump impeachment.
Polymarket dominates with around $3.3 billion in betting volumes tied to the outcome of the US presidential race.
XYO’s native token is now tradable against tokens including SOL and USDC on Solana-native decentralized exchanges Jupiter and Raydium.
The United States Treasury Department is taking an interest in stablecoins and tokenization.
Competition is heating up among election betting platforms, with crypto-native Polymarket still strongly in the lead.
Trading platforms and regulators are increasingly embracing cryptocurrency as collateral for trades.
It will ultimately create a world where autonomous AI agents freely interact with humans onchain, the venture capital firm said.