Circle's USDC becomes the first dollar-pegged stablecoin approved for use in Japan
SBI VC Trade received regulatory approval from the Japan Financial Services Agency to list and distribute USDC under the country's new payments framework. The listing follows Japan's 2023 regulatory changes that permit intermediaries to handle foreign stablecoins.
SBI VC Trade received regulatory approval from the Japan Financial Services Agency to list and distribute USDC under the country's new payments framework. The listing follows Japan's 2023 regulatory changes that permit intermediaries to handle foreign stablecoins.
DoubleZero Foundation raises $28 million to expand a Global Fiber Network for blockchains
Multicoin and Dragonfly Capital co-led the $28 million token round with participation from Foundation Capital, Reciprocal Ventures, DBA, Borderless Capital, Superscrypt and Frictionless. DoubleZero aims to offer increased bandwidth and reduced latency for high-performance blockchains by leveraging fiber links from independent network contributors.
DoubleZero also announced today the launch of its permissioned testnet, which will make DoubleZero's protocol available to Solana validators and RPCs in the testing phase.
Multicoin and Dragonfly Capital co-led the $28 million token round with participation from Foundation Capital, Reciprocal Ventures, DBA, Borderless Capital, Superscrypt and Frictionless. DoubleZero aims to offer increased bandwidth and reduced latency for high-performance blockchains by leveraging fiber links from independent network contributors.
DoubleZero also announced today the launch of its permissioned testnet, which will make DoubleZero's protocol available to Solana validators and RPCs in the testing phase.
Coinbase acquires Iron Fishβs team to boost Base L2 privacy
The Iron Fish team will establish a new privacy division within Base to accelerate the development of privacy-preserving tools that are both secure and compliant. Notably, the Iron Fish blockchain and its native token will continue to operate independently.
The Iron Fish team will establish a new privacy division within Base to accelerate the development of privacy-preserving tools that are both secure and compliant. Notably, the Iron Fish blockchain and its native token will continue to operate independently.
The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are Flowdesk ($52M), a full-service digital asset trading and tech company, Across ($41M), an intents-based interoperability protocol, and DoubleZero ($28M), a decentalized framework for open networks.
Projects that received the most funding are Flowdesk ($52M), a full-service digital asset trading and tech company, Across ($41M), an intents-based interoperability protocol, and DoubleZero ($28M), a decentalized framework for open networks.
Binance lists StraitsX USD (XUSD) on March 19th
Trading for the XUSD/USDT pair will start at 8:00 AM UTC. To celebrate the listing, Binance is launching a zero-fee promotion for XUSD spot and margin trading. XUSD, issued by StraitsX, is a fully backed USD stablecoin designed for seamless transactions.
Trading for the XUSD/USDT pair will start at 8:00 AM UTC. To celebrate the listing, Binance is launching a zero-fee promotion for XUSD spot and margin trading. XUSD, issued by StraitsX, is a fully backed USD stablecoin designed for seamless transactions.