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Aave V4’s Arc market is swimming in $76 million of USDC nobody is borrowing

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Aave V4’s Arc market is swimming in $76 million of USDC nobody is borrowing
Aave V4 went live on the Arc Layer-1 network on Sept. 16 and attracted USDC almost immediately. By Sept. 17, point-in-time Aavescan data showed roughly $76 million supplied, less than $100,000 borrowed, and utilization near 0.1%. Suppliers quickly filled the market’s initial capacity, but borrowers had put almost none of that liquidity to work. LlamaRisk … Read more

Solana triples transaction size as major upgrades meet record network activity

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Solana triples transaction size as major upgrades meet record network activity
Solana is rolling out some of its most significant performance upgrades as network activity reaches record levels. The blockchain is increasing how much data applications can pack into individual transactions while also shortening the interval between successive slots, expanding both transaction capability and network responsiveness. The upgrades come as activity across Solana accelerates, raising the … Read more

After Congress killed its landmark crypto bill, the SEC unlocked the $77 trillion US stock market through tokenization

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After Congress killed its landmark crypto bill, the SEC unlocked the $77 trillion US stock market through tokenization
The US Securities and Exchange Commission (SEC) has opened a five-year pathway for regulated US stocks to trade on blockchain-native venues. The Innovation Exemption came two days after the Senate failed to advance the CLARITY Act, a broad crypto market-structure bill that sought to establish statutory rules for digital assets and clarify regulatory responsibilities. The … Read more

Crypto’s first big tax win comes with a catch for stakers and everyday payments

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Crypto’s first big tax win comes with a catch for stakers and everyday payments
Crypto groups are pressing Congress to broaden tax relief after a House panel advanced the first digital-asset tax framework. The House Ways and Means Committee approved H.R. 10357, the Digital Asset Tax Certainty Act, by 38-5 on Sept. 16, sending a package covering crypto payments, stablecoins, trading, lending, staking and mining toward the full House. … Read more

Stani’s Aave “Uber plan” could turn everyday crypto savers into Washington’s worst political nightmare

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Stani’s Aave “Uber plan” could turn everyday crypto savers into Washington’s worst political nightmare
The Senate gave DeFi a policy setback on Sept. 15. Then Aave founder Stani Kulechov used it to frame a new product challenge. Aave is a decentralized-finance lending protocol surrounded by consumer and institutional products built by Aave Labs. At 2:19 p.m. Eastern time, senators rejected cloture on the motion to proceed to H.R. 3633, … Read more

Lawmakers pass bill to freeze federal Bitcoin holdings for two decades

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Lawmakers pass bill to freeze federal Bitcoin holdings for two decades
The House Financial Services Committee advanced legislation to put a federal Bitcoin reserve into statute on Sept. 16, approving a framework that would require a 20-year holding period and annual independently audited reporting. The panel voted 28–21 to report H.R. 8957 favorably, moving the American Reserve Modernization Act of 2026 beyond its introduction stage. The … Read more

ECB opens merchant applications for controlled 2027 digital euro pilot

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ECB opens merchant applications for controlled 2027 digital euro pilot
The European Central Bank has opened applications for online merchants to join a controlled pilot of the digital euro, its proposed retail central bank digital currency. The move brings the 2027 test closer to online checkout, but it does not put an issued digital euro into public circulation. The Sept. 15 merchant call gives EU-established e-commerce … Read more

Tether, Binance and a $1.5 billion Iran oil network converge in new US forfeiture case

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Tether, Binance and a $1.5 billion Iran oil network converge in new US forfeiture case
US prosecutors are seeking to seize $61 million in Tether’s USDT tied to alleged black-market Iranian oil sales. On Sept. 14, the US Attorney’s Office for the Southern District of New York filed a civil forfeiture complaint targeting approximately 61.2 million USDT across 10 Tron addresses. Prosecutors allege the funds came from Iranian crude and … Read more