SoFi Launches SoFiUSD Stablecoin for 15 Million Members as First US Bank on a Banking App – Bitcoin News

Key Takeaways SoFi Bank launched SoFiUSD on May 27, 2026, making it the first U.S. national bank-issued stablecoin available on a banking app. Nearly 15 million SoFi members can now buy, hold, and convert SoFiUSD on Ethereum and Solana, with Bullish exchange access coming soon. SoFi plans to add FDIC-insured tokenized deposits and 24/7 cross-border transfers within weeks, expanding stablecoin utility across its full ecosystem. SoFi Opens SoFiUSD to 15 Million Users, Targets Cross-Border Transfers and Bullish Listing The San Francisco-based company announced the launch on May 27, giving members…

Base Launches Tool To Connect Crypto With AI Agents

Base, the Ethereum layer-2 blockchain from crypto exchange Coinbase, has launched a tool to connect Base accounts to artificial intelligence agents for blockchain operations. Base said on Tuesday that its new Base MCP (Model Context Protocol) allows users to ask AI agents such as Anthropic’s Claude or OpenAI’s ChatGPT to transfer funds, swap tokens, check balances, review transaction history, and use supported apps within the ecosystem. The tool lets users manage their crypto directly from an AI model’s chat interface and can also interact with crypto protocols such as Morpho,…

Grvt Launches Tokenized Yield Products Through Plume

Decentralized perpetual futures exchange Grvt will work with Plume to launch three tokenized real-world asset (RWA) yield products, offering users access to fixed-income and structured credit strategies through self-custodial wallets. According to Tuesday’s announcement, the products will be integrated directly into Grvt’s platform and include exposure tied to tokenized institutional-grade assets, including the $2.2 billion in assets iShares AAA CLO Active ETF. The integration adds three investment products, the Base Yield Fund, Balanced Fund and Opportunistic Fund, to Grvt’s trading platform, allowing users to access tokenized yield strategies from the…

Binance Launches Pre-IPO Futures Product Tied to SpaceX IPO

Binance launched perpetual futures contracts tied to the expected valuations of private companies ahead of their public listings, starting with a SpaceX-linked product settled in Tether’s USDt (USDT). Binance said pre-IPO perpetual contracts are expected to reflect publicly available IPO pricing indicators, including announced valuation ranges and final offering prices, before a company begins trading publicly. After a listing, the contracts would transition to tracking live market prices. The first contract, SPCXUSDT Pre-IPO Perpetual, is tied to SpaceX’s expected public market valuation, with additional pre-IPO perpetual contracts to follow over…

Hyperliquid ETF Volumes Rise 50% Due to Well-Timed Launches

US-based exchange-traded funds tied to HYPE recorded a 50% trading volume jump on Wednesday, in a rare move for newly debuted ETFs, according to analysts.  Two Hyperliquid (HYPE) ETFs from issuers Bitwise and 21Shares have recorded nearly $41 million in total value traded since their launches earlier this month, with trading volumes increasing since their debuts, according to SoSoValue. Bloomberg ETF analyst Eric Balchunas said in an X post Wednesday that such trading increases for ETFs are “very rare,” and many normally record a “big splash [on] day one then…

Coinbase Launches USDC-Backed Stablecoin with Flipcash

Coinbase launched USDF with Flipcash, a Solana-based stablecoin backed 1:1 by Circle’s USD Coin, as the crypto exchange expands its infrastructure business for companies issuing branded digital currencies. According to Wednesday’s announcement, USDF is designed to serve as the settlement asset for currencies created on Flipcash, a platform where users can launch fixed-supply digital currencies priced and transacted in the stablecoin. Flipcash said the token is intended to function as the primary dollar asset within its app. In December, Coinbase launched its white-label stablecoin issuance service for companies seeking branded…

Lolli launches Bitcoin cashback on linked cards

Lolli launched automatic Bitcoin cashback for users who link eligible debit or credit cards, partnering with commerce network Kard. Summary Lolli partnered with Kard to enable automatic Bitcoin cashback for its 600,000 account holders on linked Visa and Mastercard debit and credit cards across Kard’s merchant network. Users earn Bitcoin rewards automatically on qualifying purchases with no extensions, codes, or checkout changes required, with rewards deposited directly to their Lolli wallet. Bitcoin earned can be withdrawn via the Lightning Network or used within the Thesis Bitcoin stack, including spending through…

Tor Project Launches Web3 Campaign for Internet Freedom

A coalition of privacy and internet freedom advocates led by the Tor Project has announced a new crypto funding campaign to support censorship-resistant digital infrastructure. The first-of-its-kind Web3 crowdfunding campaign for internet freedom tools will support 10 nonprofit projects working across privacy, censorship circumvention, secure communications and public-interest digital infrastructure, according to the campaign leaders, Tor Project and Funding the Commons. The campaign, which kicks off May 19, accepts crypto contributions in Bitcoin (BTC), Ethereum (ETH), Zcash (ZEC), Monero (XMR) and Golem (GLM). The campaign comes as privacy advocates argue…

Deploi Launches Direct Issuance Infrastructure for Private Credit on Polygon, Secures ISIN Allocations from Nasdaq CSD

EUR 1 billion note programme planned for 2026 following completion of global issuance infrastructure by the end of Q3 2026. STOCKHOLM & RIGA — May 14, 2026 — Deploi, the institutional infrastructure layer for digital private credit, today announced the launch of its direct issuance framework on Polygon, following ISIN allocations from Nasdaq CSD for its inaugural UK Consumer Credit Notes. The first issuance, Series 2026/CON/001, enables regulated digital debt issuance for consumer credit assets, with individual notes of up to EUR 5 million. The issuance forms part of Deploi’s…

Iran launches ‘Hormuz Safe’ Bitcoin insurance platform for Strait of Hormuz shipping

Iran’s Hormuz Safe offers Bitcoin-settled insurance for Hormuz shipping, aiming for $10B revenue while testing US sanctions limits and spooking regulators and shippers. Summary Iran’s Ministry of Economy has launched “Hormuz Safe,” a Bitcoin-settled maritime insurance platform targeting vessels transiting the Strait of Hormuz and the Persian Gulf. The platform issues digitally verifiable insurance policies and financial responsibility certificates, with premiums payable in Bitcoin and other cryptocurrencies, bypassing Western banking channels. Iranian officials claim the platform could generate more than $10 billion in annual revenue, though no independent data has…