More than $12 billion of stablecoin liquidity in DeFi remains unused because it is spread across multiple blockchain networks, forcing protocols to hold redundant reserves on each chain. This fragmentation creates inefficiencies similar to traditional banking's nostro and vostro accounts, where capital is locked without earning yield or supporting transactions. USDT0 offers a solution by maintaining a unified USDT supply across 20+ chains, eliminating the need for pre-positioned reserves and boosting capital efficiency. On Arbitrum, USDT0's market utilization reached 90%, showing strong demand and effective liquidity use. As DeFi grows, solutions like USDT0 could reduce idle capital and improve overall market productivity.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Frasers Group PLC has withheld financial guidance for the upcoming year due to uncertainty around its takeover bids for Hugo Boss and Accent Group. The retailer's full-year adjusted profit before tax fell 4% to £538 million, impacted by asset impairm...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
