NEW STABLEMINDED EPISODE

Season 5, Episode 3 features Sheraz Shere, GM of Payments and Commerce at Solana Foundation, diving deep into how Solana is positioning to challenge Ethereum's stablecoin dominance.

August 26, 2025 | Daily Yield Ep. 27

Tuesday's stablecoin developments:

CAP's cUSD stablecoin surges to $70M in 7 days: DeFi veteran-built protocol launches basket-backed CUSD collateralized by USDC, USDT, PYUSD plus yield-generating stcUSD via staking. Pioneering "Type 3 stablecoins" with caps points program for early participants after launching August 19th.

Gemini launches dual Ripple integrations: Crypto exchange debuts XRP cashback credit card offering 4% on gas/rideshare, 3% dining plus spot trading support for RLUSD stablecoin for US customers with no conversion fees. Follows Coinbase's 4% Bitcoin card model requiring platform holdings.

Maple Finance crosses $9B loan originations: Largest on-chain asset manager hits milestone with over-collateralized loans to accredited crypto firms. Platform survived bear market and launched Syrup USDC offering 20-28% yields (largely incentivized) demonstrating institutional DeFi demand.

Anchorage Digital launches venture arm: $3B+ valued federally chartered crypto bank debuts Anchorage Digital Ventures funding early-stage on-chain infrastructure startups. New arm provides liquidity strategy, institutional exposure, regulatory guidance while leveraging institutional client access.

Rex Financial CEO champions Solana for stablecoins: SSLX Solana ETF manager Greg King told Bloomberg that "Solana is the future backbone of stablecoin infrastructure" citing superior processing speed and lower costs compared to Ethereum mainnet for high-volume stablecoin operations.

Coming Soon: Exciting Stabledash announcement later this week - stay tuned for major platform updates.

Stay Stable,

The Stabledash Team

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