Circle has signed memorandums of understanding with Kakao Group and Toss to explore stablecoin payment systems, blockchain settlement, and digital asset infrastructure in South Korea. Kakao will assess KRW stablecoins and merchant settlements using Circle's blockchain technology, while Toss will explore USDC-based services and programmable payments amid evolving regulations. These partnerships aim to integrate Circle's USDC technology with major Korean consumer finance platforms, focusing on faster payments, cross-border remittances, and digital asset connectivity. No launch dates or specific stablecoin issuances are confirmed yet, as the projects remain exploratory pending regulatory developments.
Zcash's NU7 upgrade is set for a public Testnet activation around October 6 at block 4,465,026, with the first release candidate now available for testing. This upgrade will reduce the block time from 75 seconds to 25 seconds, speeding up transaction...
Blue Owl Capital Corporation (OBDC) maintains a robust investment portfolio of about $15 billion focused on large corporate borrowers with strong financials, despite negative headlines affecting its parent company. The portfolio shows low non-accrual...
The US Institute for Supply Management reported a 9.6% surge in its Manufacturing Prices Paid Index in September, the largest monthly increase since February and the highest reading since May. This jump reflects rising factory input costs driven by s...
In September, 71% of tokenized stock trades on the Uniswap protocol took place outside U.S. markets, indicating that non-U.S. participants are driving most on-chain equity activity. Tokenized stocks allow investors to gain exposure to traditional equ...
NEAR Intents recorded its highest monthly fee revenue in September, boosted by the launch of Hyperliquid perpetual contracts with a default privacy feature. This privacy mode allowed users to keep funds confidential, leading to a balance above $70 mi...
