Ethena's USDe is a synthetic stablecoin that generates yield through hedged derivatives trades rather than holding fiat reserves, allowing it to legally bypass the GENIUS Act's ban on yield payments for payment stablecoins like USDC. With a supply peaking at $14 billion, USDe operates in a regulatory gap as it does not meet the Act's definition of a payment stablecoin. While the EU has banned USDe, US institutions are adopting it, highlighting conflicting global regulatory approaches. The US regulatory framework currently does not address synthetic dollars like USDe, raising concerns about investor confusion and calls for new rules to cover this growing category.
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ARCpoint Inc. announced it will likely miss the July 29, 2026 deadline to file its annual financial statements and related reports due to a lack of funds to pay auditors. The company has applied for a Management Cease Trade Order (MCTO) and awaits ap...
The Rosen Law Firm is investigating potential securities claims against Putnam Investment Management, LLC, alleging that the company may have provided misleading business information to investors. Investors who purchased Putnam stock-based mutual fun...
Ondo Global Markets reached $1 billion in total value locked (TVL) for tokenized stocks by May 2026, with projections to hit $5 billion by year-end. USDC, Circle's stablecoin, is the preferred settlement currency for these tokenized equities, favored...
Ademi LLP is investigating GPGI for potential securities fraud related to alleged inaccurate statements about its financials and business operations, especially concerning its acquisition of Husky Technologies Limited. This probe could impact investo...
