Cork Protocol offers a novel way to hedge depeg risks through tokenized derivatives like Depeg Swaps and Cover Tokens. The model drew attention across DeFi, though a recent $12M exploit revealed critical vulnerabilities in its implementation.

Circle's IPO opens the door for public investors to benefit from stablecoin seigniorage for the first time. Unlike crypto miners or exchanges, Circle profits from monetary demand for USDC—a zero-interest asset backed by interest-bearing reserves—and now shares that upside through equity.

The project is rapidly attracting attention, having already surpassed $300 million in TVL. Its innovative dual-token strategy and upcoming airdrop are drawing more users to the protocol.

Tether’s omnichannel USDT0 rapidly expands across multiple chains. Built on LayerZero’s Omnichain Fungible Token standard and supported by Legacy Mesh, USDT0 unifies liquidity across blockchains. Unlike Circle’s Bridged USDC, it offers decentralized, flexible, and incentivized cross-chain support.

Stablecoins remain one of the top use cases in crypto, with the market showing tremendous growth year over year. USDC market share climbs to 25% taking 4% from USDT. The velocity measure for USDT of Tron and USDC is almost equal, while USDT on Ethereum moves two times slower.

Thailand’s SEC adds the two major dollar-backed stablecoins to its approved crypto list.

USDC becomes the first approved stablecoin in Japan as the country slowly eases stablecoin regulations after FSA approved policy changes last month.

From football and agribusiness to cloud infrastructure, AI, and global blockchain education, Tether continues its aggressive diversification, expanding its portfolio and strengthening ties with governments worldwide.