Headlines

Tether Partners With Ledn to Enable Bullion-Backed Loans Using $23 Billion Gold Reserve and XAUT Tokens

Tether, the world’s largest stablecoin issuer, is putting its vast physical gold holdings to work. The company has partnered with crypto lending platform Ledn to bring its tokenized gold product, Tether Gold (XAUT), onto the platform — with gold-backed loans set to follow later in 2026. The move marks a significant step in Tether’s strategy…

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BitGo Cuts 15% of Workforce to Focus on Stablecoins and AI

BitGo Holdings, one of the crypto industry’s most prominent custody and infrastructure firms, has reduced its workforce by nearly 15% as the company restructures around stablecoins, settlement, trading, security, and AI-powered infrastructure. The announcement, made by CEO and co-founder Mike Belshe on June 25, was simultaneously filed with the U.S. Securities and Exchange Commission via…

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Aave Founder Kulechov Dismisses Rumors of Selling AAVE at a 70% Discount, Teases Aavenomics 3.0

Stani Kulechov, founder of Aave — the largest decentralized lending protocol on Ethereum — has publicly dismissed reports that Aave Labs is in talks to sell a significant AAVE token allocation to Kraken’s parent company Payward at a steep discount to market value. While stopping short of denying that strategic partnership discussions are underway, Kulechov…

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Ripple’s RLUSD Launches as Japan’s First Regulated Foreign Stablecoin

Ripple has officially launched its dollar-backed stablecoin Ripple USD (RLUSD) in Japan, marking a significant milestone for both the company and the country’s evolving digital asset landscape. The rollout, conducted in partnership with SBI Holdings and its subsidiary SBI VC Trade, makes RLUSD the first foreign-issued stablecoin to receive regulatory approval under Japan’s updated payment…

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Former Ethereum Foundation Contributors Launch Ethlabs R&D Nonprofit

Five former senior researchers from the Ethereum Foundation have launched Ethlabs, an independent non-profit R&D organization dedicated to advancing Ethereum’s technical capabilities for the mass adoption phase. Ethlabs launched on June 22nd with backing from BitMine, SharpLink, and Ethereum co-founder Joe Lubin. The emergence of Ethlabs comes during the same week the Ethereum Foundation announced…

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