Tag: Launches

Hyperliquid launches USDH stablecoin issued by Native Markets

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Hyperliquid’s native stablecoin, USDH, launched on Wednesday with a USDC trading pair, logging nearly $2 million in early trading. With USDH now live, Hyperliquid has its first dollar-pegged asset, giving traders a stable unit of account and collateral across the network. Native Markets will manage the exchange’s stablecoin and oversee billions of dollars in potential flows. The crypto startup, led by Hyperliquid investor Max Fiege, former Uniswap Labs president Mary-Catherine Lader and blockchain researcher Anish Agnihotri, was selected through a validator vote on Sept. 14. According to Native Markets’ original proposal,…

Bybit Launches 24/5 Trading for Stock CFDs, Waives Fees Through October

Key Notes Bybit transforms its TradFi platform by offering round-the-clock CFD trading Monday through Friday starting September 23rd. The exchange eliminates all trading fees on stock CFDs and indices until October 11, 2025 for eligible platform users. Extended trading hours aim to democratize global market access by removing traditional timezone restrictions for investors. Dubai-based cryptocurrency exchange Bybit has extended trading hours on its TradFi platform for its stock contract for difference (CFD) products. Going forward, select CFD offerings have been made available for trading 24 hours a day, Monday-Friday. Bybit…

Polkadot’s Largest DeFi Protocol Hydration Launches Decentralized Stablecoin

Key Notes The new stablecoin uses the HOLLAR Stability Module for automated price support and partial liquidations. Polkadot founder Gavin Wood endorsed the launch, preferring it over centralized alternatives like USDC. Four specialized liquidity pools will be created outside Hydration’s Omnipool for enhanced trading venues. Hydration, a primary protocol in the Polkadot ecosystem, has launched HOLLAR, a decentralized stablecoin designed to address existing market weaknesses. The release, announced on September 22, completes Hydration’s vision to combine trading, lending, and stable value storage on its dedicated app chain. HOLLAR operates as…

Plasma Launches Revolutionary USDT-Native Neobank with 10%+ Yields

Key Notes Plasma raised $74 million at $500 million valuation with Bitfinex leading Series A funding round participation. The super-app enables direct stablecoin payments with fee-free transfers and global coverage across 150 countries. USDT maintains $172 billion market cap as largest stablecoin while generating $179 billion daily trading volume. The recently launched Tether-backed, purpose-built layer-one (L1) blockchain for stablecoins, Plasma, announced Plasma One on September 22—a super-app that is a stablecoin-native neobank and card. Both the Plasma network and the super-app will have their operations centered around USDT initially. According…

China Launches First Stablecoin, Crypto Adoption Spikes as Best Wallet Gains Attention

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The AxCNH, a Chinese Yuan-pegged stablecoin issued by AnchorX, was officially launched on September 17, 2025 in Hong Kong. BDACS also launched KRW1, a South Korean Won-pegged stablecoin, the following day. Why do these moves matter? Because the crypto race is heating up. While America’s new federal stablecoin framework (the GENIUS Act in 2025) sets strict issuance and transparency rules, countries like Hong Kong and South Korea are also accelerating regulatory frameworks to oversee stablecoin activity. Retail users also stand to gain. Putting fiat on-chain enables near-instantaneous 24/7 cross-border settlement…

Bitcoin.com Launches Accelerator to Support the Next Generation of Bitcoin and Crypto Startups

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Bitcoin.com, the most accessible and trusted entry point into Bitcoin and the broader crypto ecosystem, today announced the launch of the Bitcoin.com Accelerator, a program designed to identify, support, and amplify high-potential projects building at the intersection of Bitcoin, crypto, culture, and commerce. The Accelerator provides startups with access to Bitcoin.com’s vast distribution network, technical […] Original

First China Stablecoin Launches Amid Digital Geopolitical Race

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The first regulated stablecoin tied to the international version of the Chinese yuan (CNH) meant for foreign exchange markets, and a South Korean won (KRW) stablecoin launched this week as the global stablecoin race heats up. Financial technology company AnchorX debuted its AxCNH yuan-pegged stablecoin on Wednesday at the Belt and Road Summit in Hong Kong, according to Reuters, following a regulatory pivot in China embracing stablecoins for international markets. The stablecoin is meant to facilitate cross-border transactions with countries in the Belt and Road initiative, an infrastructure project building…

Flora Growth Launches $401M Treasury to Back 0G AI Blockchain

Nasdaq-listed cannabis firm Flora Growth has launched a $401 million treasury initiative to back Zero Gravity (0G), a blockchain project focused on powering decentralized AI infrastructure. The move comes through a private placement deal combining $35 million in cash with $366 million in in-kind digital assets, primarily denominated in 0G tokens. As part of the transaction, Flora will rebrand as ZeroStack while retaining its Nasdaq ticker, FLGC, according to a Friday announcement. Solana (SOL) treasury company DeFi Development Corp. (DFDV) led the deal, alongside Hexstone Capital and Carlsberg SE Asia…

Helius Launches Latest Solana Treasury with $500 Million Private Placement

Key Notes Helius Medical’s $500M private placement makes it the second-largest Solana treasury holder after Forward Industries. Solana staking deposits climbed from 400.8M to 411.3M SOL tokens, adding $2.5 billion in value over one week. SOL price faces critical $240 support test with potential rebound targets at $250 or downside risk to $214. On Friday, Sept. 19, Nasdaq-listed Helius Medical Technologies (HSDT) announced the completion of a $500 million private placement to establish a Solana ETH $4 450 24h volatility: 3.2% Market cap: $537.15 B Vol. 24h: $28.28 B treasury…

MoneyGram Launches Stablecoin App to Reinvent Cross-Border Finance: Is Best Wallet Better?

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MoneyGram is launching its own entry into the digital custody space with an app designed to hold both traditional fiat currencies and stablecoins. A trial run is scheduled in Colombia before MoneyGram expands to other markets. It’s a carefully planned decision, as most remittances in Colombia come from abroad, usually in USD. The underlying blockchain is powered by Stellar and Crossmint, with customer balances held in Circle’s USDC. While MoneyGram’s new wallet appears to be a good way to bring existing MoneyGram customers into stablecoins, support for other cryptocurrencies is…