Anchorage Digital, the first federally chartered U.S. crypto bank, is stepping back from its leadership role in the Global Dollar (USDG) stablecoin alliance to maintain neutrality as a stablecoin issuer and custodian. This move reflects a shift toward a fragmented, multi-issuer stablecoin ecosystem rather than a single dominant token. USDG, issued by Paxos Singapore and regulated by MAS, will continue circulating with support from alliance members like Robinhood and Kraken. Anchorage aims to serve as a neutral platform enabling multiple institutions to launch their own stablecoins, signaling a broader industry trend toward diverse, regulated digital dollars competing and interoperating across various networks and regulatory frameworks.
The global therapeutic apheresis market, valued at $3.84 billion in 2025, is projected to grow to $8.94 billion by 2035 at a 7.9% CAGR. Growth is fueled by rising chronic and autoimmune diseases, advances in automated apheresis technology, and expand...
Aduro Clean Technologies completed a private placement raising approximately C$9.16 million by selling 431,884 common shares at C$21.20 each. The funds will support technology development, marketing, working capital, and general corporate purposes. T...
Aduro Clean Technologies completed a private placement raising C$9.16 million by selling 431,884 shares at C$21.20 each. The funds will support technology development, marketing activities, working capital, and general corporate needs. The offering w...
Mesoblast Limited has drawn $50 million from a new five-year loan facility provided by a shareholder, replacing higher-cost short-term debt. This move strengthens Mesoblast's balance sheet by lowering interest costs and removing short-term obligation...
Abracadabra has implemented emergency interest rate hikes across all its lending markets after its stablecoin, Magic Internet Money (MIM), fell sharply to around $0.50, well below its $1 peg. The protocol aims to encourage borrowers to repay their de...
