August 6,2025 | Daily Yield Episode 14

Wednesday's stablecoin developments:

Slash launches USDSL closed-loop stablecoin: San Francisco fintech founded by Victor Cardenas and backed by Menlo Ventures, NEA, Y Combinator, Goodwater Capital partners with Bridge to issue non-transferable USDSL, cutting cross-border B2B costs by 80% and settlement times to seconds following $41M Series B at $370M valuation.

Coinbase launches embedded wallet SDK with USDC “rewards” (AKA yield): 100M+ user exchange releases developer toolkit with 4.1% annual USDC “rewards” built-in, enabling seamless crypto onboarding via email/SMS logins while providing revenue streams for developers. Learn more here

Remitly integrates stablecoins for remittances: Global remittance leader processing billions annually will add support for stablecoins like USDC via Bridge infrastructure to cut fees from 6-10% to under 1% across 170+ countries in the $833B global remittance market.

Stay Stable,

The Stabledash Team

_{This content is for informational purposes only and does not constitute financial, investment, or legal advice.}

StableDash Live

Rizon launched their stablecoin neobank yesterday after 8 months of development.

Drew sat down with Co-Founder/CEO Ignas Survila today for real-time coverage of their consumer-first strategy and first 24 hours post-launch.

When stablecoin companies make moves, we get the founders on camera immediately to cut through the noise.

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