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Ondo's founder Nathan Allman stated that introducing Ondo Finance's products to Cosmos "will bring vastly improved utility and liquidity to appchains and their users, all while offering exposure to yielding instruments."

Binance has transferred $1 billion from its Secure Asset Fund for Users (SAFU) to USD Coin (USDC), the stablecoin created by Circle. This means that the fund now accounts for about 3% of the stablecoin's total supply that is in circulation.

The company behind the biggest stablecoin in the world, Tether, announced that it is restructuring to accommodate its foray into new digital asset categories.

According to the company, affluent clients' high need for customized digital asset solutions led to the creation of the new services.

There are now two measures in the Arkansas State House that might limit bitcoin mining in the state. These bills establish the framework for future debates that may result in legislation, even though they have not yet developed into complete laws.

According to data provider CryptoQuant, investors of USDe should keep an eye on the project's reserve fund to minimize risks associated with the possibility of a negative funding rate.