Daily Bits

Stripe is testing a new US dollar-backed stablecoin product for businesses outside the U.S., U.K., and Europe, aiming to expand the dollar's global footprint.

Mantle has launched the Mantle Index Four (MI4), an institutional-grade fund providing diversified exposure to yield-bearing digital assets.

Ripple’s RLUSD stablecoin has gained momentum in decentralized finance (DeFi), attracting significant supply to Aave’s V3 Ethereum Core market, with a notable amount in loans taken.

Circle has launched the Circle Payments Network (CPN), a global payment solution designed to streamline cross-border transactions using stablecoins like USDC and EURC for real-time settlement.

The proposal suggests replacing Ethereum’s current execution layer (EVM) with RISC-V, aiming to improve scalability, simplify the execution layer, and boost efficiency.

Canary Capital has filed with the SEC to launch a U.S. Tron (TRX) ETF that would include staking benefits, allowing investors to earn extra yield.

Hong Kong's Securities and Futures Commission (SFC) has approved a new Ethereum ETF with staking capabilities, allowing institutional investors to earn staking rewards.

Raydium introduces new features for creators and developers through its LaunchLab program.

Re introduces a new use case for Ethena Labs' USDe and sUSDe stablecoins, allowing users to lock them as reserve assets to support global insurers via the Resilience Foundation.

Tether has partnered with OCEAN mining pool to decentralize Bitcoin block-building.