Uniswap and Spark are collaborating to create a shared liquidity and trading infrastructure for stablecoins, starting with a $150 million liquidity migration involving USDS, USDT, and PYUSD. This initiative aims to facilitate easier movement between stablecoins and allow idle capital to earn yield, anticipating a future with hundreds of stablecoin issuers. The move reflects growing interest from banks, fintechs, and payment firms in issuing stablecoins, with projections that the market could grow to $4 trillion by 2030. Spark sees the liquidity network as the key battleground for stablecoin growth, similar to how foreign-exchange markets connect fiat currencies.
Uniswap has launched a community vote on a proposal to introduce a sustained UNI token burn mechanism funded by protocol fees. If approved, fees generated from trading on Robinhood Chain and other chains will be deposited into TokenJar accounts, allo...
USDG, a stablecoin issued by Paxos, has rapidly grown on Robinhood Chain, doubling its liquidity on Uniswap to over $8.5 million within a week of the chain's launch. Robinhood Chain, a Layer 2 network based on Arbitrum, launched its public mainnet on...
Uniswap is generating over $5 million in daily fees, largely fueled by the Robinhood Chain, which recorded $500 million in daily Uniswap trading volume within eight days of its July 1 launch. This surge makes Robinhood Chain the second-largest networ...
Uniswap has reached $5.2 million in daily fee generation, largely due to the Robinhood Chain, which launched on July 1 and contributes $4.38 million of the total fees. The Robinhood Chain saw a 20-fold increase in decentralized exchange trading volum...
Uniswap's daily fees surged to about $5.2 million, with Robinhood Chain contributing roughly $4.38 million, surpassing Ethereum and Base. This marks a significant shift in trading activity towards new networks shortly after Robinhood Chain's July 1 l...
