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blockonomi.com Circle Expands Crypto Footprint with USYC Launch on Solana Blockchain

TLDR: Circle’s USYC tokenized fund is now live on Solana, offering institutions yield-accruing shares backed by U.S. government assets. USYC accrues yield via token price growth and can redeem directly to USDC for approved non-U.S. institutional investors. Circle confirmed Solana integration enables USYC to be used as collateral in lending, trading, and automated yield vaults. [...] The post Circle Expands Crypto Footprint with USYC Launch on Solana Blockchain appeared first on Blockonomi.

bitcoinist.com White House Pulls Pro-Crypto Quintenz’s Nomination To Lead CFTC Following Major Opposition – Report

Recent reports revealed that the White House has withdrawn Brian Quintenz’s nomination to lead the Commodity Futures Trading Commission (CFTC) after the pro-crypto candidate’s confirmation process was stalled in July. Related Reading: Circle And Deutsche Börse Partner To Boost Stablecoin Adoption In Europe Quintenz’s CFTC Chair Nomination Withdrawn On Tuesday, Politico reported that the White […]

blockonomi.com Pi Network Drops DEX and AMM on Testnet: Here’s What Developers Can Do Now

TLDR: Pi Network deploys DEX and AMM features on Testnet to let developers test DeFi tools with Test-Pi before Mainnet rollout. Token creation is now possible on Pi Testnet, enabling developers to build test assets while Mainnet remains restricted. Pi Wallet interface connects users to Testnet features, helping Pioneers learn DeFi functions safely with Test-Pi. [...] The post Pi Network Drops DEX and AMM on Testnet: Here’s What Developers Can Do Now appeared first on Blockonomi.