Monday's developments:
Wormhole launches native EURC multi-chain transfers: Circle's euro stablecoin now transfers seamlessly across Avalanche, Base, Ethereum, Solana using Native Token Transfer (NTT) protocol. 194M circulating supply backed by EEA regulated institutions with monthly attestations. Integration eliminates liquidity fragmentation and wrapped token confusion for European and African markets where euro dominates settlement.
AnomaPay launches global stablecoin router: World's first enterprise-grade stablecoin router with data protection capabilities, partnering with Noble who manages $20B+ volume across USDC and USDN. Addresses network fragmentation, poor UX, and privacy gaps limiting institutional stablecoin adoption through multi-chain abstraction and confidential transfers.
MetaMask reaches $100M stablecoin deposits: Platform's stablecoin earn feature powered by Aave hits major milestone, allowing users to earn USDC yield without leaving MetaMask interface. Demonstrates simplified UX drives adoption by meeting users where they are rather than requiring complex protocol navigation.
Coinbase Institutional adds Ethena USDe custody: Yield-bearing stablecoin USDe now available on Coinbase Prime for institutional investors, validating growing institutional interest in yield-bearing stablecoins despite jurisdictional restrictions in certain regions.
The Stabledash Team is headed to Mexico City this week for the first Stablecoin Conference LATAM presented by Bitso Business at World Trade Center Wednesday-Thursday. We’ll be hosting an event Tuesday night event with Alfred and World, as well as conducting interviews with top voices in the LATAM stablecoin space on site at the conference.
Stay Stable,
The Stabledash Team
This content is for informational purposes only and does not constitute financial, investment, or legal advice.