Industry news: Flow news: Ethereum saw a massive $1.6B inflow into its stablecoin supply, more than all other chains combined. Commentators argued this should reinforce Ethereum’s role as the backbone of on-chain finance — though some pointed out that velocity, not just supply, is the more telling metric of real adoption. — Tether is seeking […]| The Blind Spot
Hyperliquid is a crypto exchange that doesn’t want its customers to rely on leading stablecoins like Tether or Circle for trading on its platform. It would rather issue the coin itself. But managing coins is a complex business, requiring licenses, banking relationships, regulatory experts, and more. That’s why Hyperliquid is seeking to outsource the responsibility […]| The Blind Spot
Cash Equivalence is a pop-up news service operated by Blind Spot Publishing dedicated to coverage of stablecoins and CBDCs. Its content is also available independently at www.cashequivalence.com for £10 per month. Industry news: — WLFI is introducing the idea of stablecoin buybacks. — Paxos has launched PaypalUSD on the Stellar network. — Paxos launched its […]| The Blind Spot
Tell me you're running a patriotic war bond campaign, without officially telling me you're running a patriotic war bond campaign.| The Blind Spot