Author: NBTC

R2 Protocol goes live on Ethereum on Sept. 26 alongside a vault backed by tokenized U.S. Treasuries and a private credit vault. Users complained about the fact that they have to deposit USDC in order to gain rewards in R2’s mainnet. Summary R2 Protocol launched its Ethereum mainnet on Sept. 26, debuting with two flagship RWA vaults backed by major institutions. The rollout sparked backlash over its rewards program, as users criticized the requirement to deposit USDC to unlock 100 R2 tokens On Sept. 26 at 07:00 UTC, R2 protocol launched its mainnet on Ethereum. So far, the launch has…

Fintech giant PayPal’s PYUSD stablecoin recorded strong growth this week on the back of a new partnership with Spark, an onchain capital allocator incubated by Sky (formerly MakerDAO). Spark announced the move yesterday and aims to boost PayPal’s stablecoin ecosystem by $1 billion over the coming weeks. PYUSD surpassed the $1 billion market capitalization mark for the second time in August, and the stablecoin’s total valuation is up 100% since the beginning of Q3, with further growth anticipated as Spark begins to deploy more capital towards minting PYUSD. PYUSD Market Capitalization – DeFiLlama The growth makes PYUSD the ninth-largest stablecoin…

Charlotte, NC – September 9, 2025 – FG Nexus Inc. (Nasdaq: FGNX, FGNXP) (the “Company”), today announced that its Board of Directors has approved a Share repurchase program to acquire up to $200 million of the Company’s outstanding common stock (the “Share Repurchase Program”). The Stock Repurchase Program, which is open-ended, allows the Company to repurchase its shares from time to time in the open market and in negotiated transactions. Any repurchases conducted pursuant to the Share Repurchase Program will be in accordance with Rule 10b-18 of the Exchange Act and will be made in accordance with applicable laws and…

Decentralized exchange (DEX) infrastructure provider Orderly Network introduced a platform for users to launch their own perpetuals DEXs. “Orderly One” allows a perp DEX to be built in a matter of minutes without requiring the writing of any lines of code, Orderly said on X on Tuesday. The new service is aimed at decentralized autonomous organizations (DAOs), funds, trading communities and so on who wish to build a revenue stream through crypto trading without relying on a centralized entity. Perpetual DEXs play a significant role in crypto trading, combining perpetual futures market to a decentralized, permissionless environment. Unlike traditional spot…

Ripple CTO David Schwartz recently explained why DeFi and TradFi are not at odds and how tokenized real-world assets, on-chain credit and decentralized exchanges are creating financial products people actually want. The official X account of RippleX shared insights from the Ripple CTO, who spoke on the first ever episode of the Onchain Economy series. Can institutional adoption and decentralization work together?In the first episode of the Onchain Economy series, @joelkatz says yes and offers that neutrality is key: https://t.co/bucofy7ZylHe explains how tokenized assets and onchain credit are bridging the gap between… pic.twitter.com/zWbg8LpVAu — RippleX (@RippleXDev) September 25, 2025 Schwartz…

The Kaia Chain has announced SwapScanner as their second Consensus Liquidity partner. This joint venture leads to the introduction of the KAIA-SCNR pool in which the pool has a 50 percent liquidity provision in the very beginning. This will contribute towards increased efficiency in terms of trading capital maximization of the network infrastructure. SwapScanner Integration Breakdown SwapScanner uses SwapScanner Navigator engine to aggregate all Kaia DEXs to an ideal price. Such integration allows increased transactions in smart money in the Decentralized Finance (DeFi). Kaia Consensus Liquidity provides the ability to stake validators and provide liquidity to DEX at the same…

South Korean fintech unicorn Toss plans to launch a finance superapp in Australia this year, its first overseas expansion, while also preparing to issue a Korean won-based stablecoin once regulations allow. According to a Tuesday Reuters report, Toss CEO Lee Seung-gun said that the firm plans to launch its superapp in Australia this year and expand to other markets too. “We proved in Korea that a startup can compete head-on with entrenched players,” he told the outlet. “A similar model can work globally, especially in countries where users juggle multiple bank accounts or fintech apps. We want to bring them…

Cryptocurrency exchange OKX announced that it will remove the UXLINKUSDT pair from its futures trading platform in order to maintain market stability and reduce potential risks. OKX Removes UXLINKUSDT Perpetual Contract According to the statement made by the company, the contract in question will be closed at 22:00 on September 23, 2025. The exchange warned that price volatility could increase in the lead-up to the contract’s removal. Users were advised to reduce leverage or close positions in advance to mitigate risk. It was also stated that if price deviations occur near the closing of the contract, limit price rules may…

In 2025, the crypto industry is shifting from hype to utility. Stablecoin frameworks are taking shape, tokenized assets are entering mainstream markets, and artificial intelligence is beginning to transact on-chain. At the center of these changes, layer-1 blockchains are being redefined not as experiments, but as the infrastructure powering real-world adoption. “Layer-1s are still the backbone of the industry,” said Marc Vanlerberghe, chief strategy and marketing officer at the Algorand Foundation, on this week’s episode of Decentralize with Cointelegraph. “Everything else builds on top of them. You can innovate endlessly at the edges, but without a secure and scalable base,…

A fascinating development recently captured the attention of the crypto world: substantial Bitfinex USDT borrowing activity. Two wallets closely connected to the prominent cryptocurrency exchange, Bitfinex, made a significant move on the blockchain. This event involved a massive supply of Ethereum (ETH) to a decentralized lending protocol, followed by a substantial loan in USDT and its subsequent transfer to a specialized vault. Understanding these on-chain maneuvers is crucial for anyone tracking major movements in the digital asset space. What Happened: The Mechanics of Bitfinex USDT Borrowing? Onchainlens, a reputable analytics platform, reported that these Bitfinex-associated wallets initiated a large-scale transaction.…