Solana News: SoFi Just Launched a Bank-Backed Stablecoin With Monthly Audits and a 4.2% Yield

In the latest Solana news, SOFIUSD, a dollar-pegged stablecoin launched by SoFi, a publicly traded, bank-chartered fintech with 15.4 million members, on both the Ethereum and Solana networks in early 2026. Every token is backed 1:1 by a reserve portfolio consisting of 85% short-term U.S. Treasury bills and 15% cash held at FDIC-insured institutions, with…

Read More

Zama Users Lose Access to $12.6M USDC After Circle Executes Court-Ordered Blacklist – Bitcoin News

Key Takeaways Circle blacklisted Zama’s cUSDC Ethereum contract on May 30, 2026, freezing $12.6M in pooled USDC funds. A U.S. federal court TRO tied to Newton AC/DC Fund LP’s lawsuit against Maxim Ermilov triggered the freeze. Zama plans to isolate the flagged deposit before a June 1 hearing to restore access for unaffected users. Circle’s…

Read More

Bitcoin bear market could last until 2027

CryptoQuant CEO Ki Young Ju warns the Bitcoin bear market could extend into early 2027, based on on-chain PnL data. Summary Ki Young Ju cited CryptoQuant’s PnL Index Signal, which shows investor profitability typically falls for 18 months after profit-taking cascades begin. The trend began in October 2025, placing a potential bear market bottom in…

Read More