Ethena launches USDe payments app, offers 6% rewards
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World launches self-custodial ‘super app’ World Money
World Money is rolling out across more than 150 countries, combining stablecoin payments, digital asset rewards and trading in a self-custodial app.
FalconX, Ethena bring USDe backing assets into $1B institutional credit facility
The $1 billion facility will deploy assets backing USDe into overcollateralized institutional loans, expanding Ethena’s sources of returns beyond crypto basis strategies.
Gemini launches commission-free trading for US stocks, aiming to become a "one-stop financial super app".
Odaily Odaily reports that cryptocurrency trading platform Gemini has announced the launch of zero-commission stock trading services in most U.S. states, further expanding its traditional financial business and moving towards its goal of becoming a "one-stop financial super app". Gemini states that the service is currently not available to users in Alabama, Arkansas, Illinois, Massachusetts, Texas, Puerto Rico, Washington D.C., and Guam. Real-time market data will be provided by Nasdaq. (The Block)
Circle to acquire Tazapay to expand USDC cross-border payments
Tazapay processes $25 billion in annualized volume and offers payout rails across 100-plus markets, extending Circle’s USDC payments reach.
Bitwise launches self-custodied tokenized stock portfolios with Coinbase
Bitwise’s new portfolios automatically rebalance Coinbase tokenized stocks while allowing eligible non-US investors to keep the assets in their own wallets.
MoonPay adds Cash App Pay for crypto purchases by US customers
Eligible US users can fund MoonPay crypto purchases with Cash App balances as the payments firm expands beyond its core onramp business.