Securitize introduces USDC-USD conversions for BlackRock’s BUIDL fund, streamlining investments and reducing costs for traditional finance players in the growing tokenized real-world asset market.
Euler Finance, a DeFi lending protocol on Ethereum, has launched Maxi, a new hybrid stablecoin designed to offer users greater capital efficiency through a diverse asset backing and cross-collateralization.
The Ethereum Foundation’s main wallet now holds approximately $650 million, down from $1.3 billion in March 2022, as revealed by a top official. The organization spends about $100 million annually with no clear sustainability plan in place.
