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Maple Finance launched syrupUSDG and listed it on Robinhood Chain.
According to Foresight News , on-chain lending protocol Maple Finance has announced the launch of a new product, syrupUSDG, on the Robinhood Chain. Risk management firm Steakhouse Financial has approved syrupUSDG as collateral for the Robinhood Earn vault (Robinhood's first decentralized lending product within the Robinhood app). This collaboration involves Morpho providing the vault infrastructure, Paxos handling the compliant issuance of USDG, and Robinhood providing the distribution channels to millions of users. syrupUSDG is currently available on Ethereum and the Robinhood Chain, with more chains to be supported in the future. Robinhood will roll out the service to its customers in phases over the next few weeks.
Chainalysis provides transaction monitoring and investigation tools for Robinhood Chain.
PANews reported on July 6th that, according to Crowdfund Insider, blockchain analytics firm Chainalysis has supported Robinhood Chain, providing the Layer 2 network with transaction monitoring, address screening, and investigation tools. New tokens minted on Robinhood Chain will be automatically added to the Chainalysis data platform without manual configuration. Clients can monitor transactions in real-time via KYT and track fund flows and visualize transaction paths using Reactor.
Robinhood Chain nears $1B TVL as Uniswap drives liquidity: Standard Chartered
Standard Chartered said Robinhood’s Uniswap integration could solve a key challenge for new blockchains while accelerating UNI token burns.
Robinhood Chain's stablecoin size grew by 155% in 7 days, accounting for over 90% of the chain's total value (TVS).
According to BlockBeats, on July 8th, the Robinhood Chain stablecoin's assets under management grew by 155% over the past 7 days, reaching $246.97 million. Currently, stablecoins account for 93% of the chain's total value secured (TVS) of $266.35 million, while the network's total locked value increased by 172% during the same period. Data shows that of the $266.35 million in assets on the Robinhood Chain, approximately $212.5 million is natively issued assets, while another $53.85 million was transferred in via cross-chain bridges over the past week.
US pre-market news highlights: EDA giants focus on AI chip design; SpaceX officially included in the Nasdaq 100 index; Analysts say AI computing power demand is far from peaking.
Mars Finance reports the following key financial news from the US stock market that investors should pay attention to: 1. US stock index futures showed mixed results. Dow Jones futures rose 0.29%, S&P 500 futures fell 0.15%, and Nasdaq 100 futures fell 0.94%. 2. International oil prices rose slightly. WTI crude oil futures rose 0.61% to $68.967 per barrel; Brent crude oil futures rose 0.74% to $72.526 per barrel. 3. International gold and silver spot prices fluctuated narrowly. Spot gold rose 0.03% to $4166.01 per ounce; spot silver fell 0.64% to $61.62 per ounce. 4. European stock indices all fell. The UK FTSE 100 rose 0.47%, the French CAC 40 rose 0.20%, and the German DAX 30 fell 0.63%. 5. EDA giant Synopsys informed more than 10 chip manufacturers, including Samsung Electronics and SK Hynix, in April and May that it would "suspend" some of its wafer fab manufacturing analysis software, shifting resources to the more profitable AI chip design business. 6. SpaceX, owned by Elon Musk, was officially included in the Nasdaq 100 index today, becoming the first company in the index with a space business at its core. JPMorgan Chase estimates its weight in the index at approximately 1.3%. Wall Street generally gave it an "initial bullish" rating, with a target price as high as $800. 7. Google invested over €400 million in Proxima Fusion, a European nuclear fusion "unicorn" company, with the aim of building a commercial fusion power plant by the 2030s. 8. Anthropic announced a 20-year AI data center lease agreement with AI data center operator TeraWulf. The project has a capacity of approximately 401 megawatts and is expected to be operational in the second half of 2027, reaching full capacity in early 2028. 9. A recent report from semiconductor research firm SemiAnalysis indicates that AI computing power demand is far from peaking. The firm predicts that Meta computing power procurement will accelerate, and capital expenditure may increase significantly next year. 10. Walmart and its Sam's Club announced price reductions on thousands of popular summer items and everyday essentials across the United States. 11. Microsoft raised its Microsoft 365 Enterprise subscription fee earlier this month, with increases ranging from 8% to 33%. Personal and Education versions are currently unaffected. (Cailian Press)
Bankr has enabled token issuance on the Robinhood Chain.
BlockBeats reported on July 7th that Bankr has announced support for direct token issuance on the Robinhood Chain. Users can quickly deploy in two ways: by replying on X or by selecting the chain directly in the Bankr console. Token creators will receive 95% of transaction fees, and 15% of the token supply will be released linearly over two years to the fee-receiving address (90-day cliff unlock).