Moonbeam Leaves Polkadot, Migrates GLMR to Base
Moonbeam Network — one of Polkadot's earliest and biggest parachains — is fully leaving the ecosystem after ~4 years and migrating its GLMR token to Base, Coinbase's Ethereum L2.
The move ends a four-year run on Polkadot and repositions Moonbeam inside the Ethereum ecosystem as a decentralized network for AI-agent infrastructure and communications.
Moonbeam Network — one of Polkadot's earliest and biggest parachains — is fully leaving the ecosystem after ~4 years and migrating its GLMR token to Base, Coinbase's Ethereum L2.
Holders have until July 31 to bridge GLMR 1:1 to a new ERC-20 on Base through a dedicated migration portal. Centralized exchanges are expected to swap custodied balances automatically.
The move ends a four-year run on Polkadot and repositions Moonbeam inside the Ethereum ecosystem as a decentralized network for AI-agent infrastructure and communications.
Revolut to Phase Out USDT, Ending Support by August 31
Revolut has notified users that it will remove USDT from its list of supported assets for affected European accounts.
The move comes as MiCA continues to reshape stablecoin access across the EU. Reuters reported that Revolut already holds a MiCA licence, while EU regulators have warned crypto firms without authorization to put orderly wind-down plans in place.
Revolut’s decision adds another major consumer platform to the list of venues reducing USDT support in Europe. For users holding USDT on Revolut, the key dates are now July 6, July 30, and August 31.
Revolut has notified users that it will remove USDT from its list of supported assets for affected European accounts.
Buying USDT is available until July 6, deposits stop on July 30, and users can still sell or withdraw their USDT until August 31. After that, any remaining balance will be automatically converted to fiat.
The move comes as MiCA continues to reshape stablecoin access across the EU. Reuters reported that Revolut already holds a MiCA licence, while EU regulators have warned crypto firms without authorization to put orderly wind-down plans in place.
Revolut’s decision adds another major consumer platform to the list of venues reducing USDT support in Europe. For users holding USDT on Revolut, the key dates are now July 6, July 30, and August 31.
Tether Brings USDT Back to Bitcoin via RGB Protocol
Tether plans to issue USDT natively on Bitcoin through the RGB protocol (v0.11.1), with UTEXO leading the commercial rollout — returning the world's largest stablecoin to the network where it first launched in 2014.
Tether plans to issue USDT natively on Bitcoin through the RGB protocol (v0.11.1), with UTEXO leading the commercial rollout — returning the world's largest stablecoin to the network where it first launched in 2014.
RGB lets users send and receive USDT between Bitcoin addresses and compatible wallets, with UTEXO saying the feature could go live as early as July. Support from Tether Wallet and multiple exchanges is expected to follow.
Kraken Pushes to Become a Bank in Europe
Kraken is pursuing a full banking license in Europe, targeting Lithuania — a move that would make it the only crypto exchange with bank status, mirroring the path Revolut took to offer accounts, lending and stock trading across the EEA.
Separately, Kraken won a $22M arbitration against former auditor Mazars, which dropped the exchange in 2023 during the “Operation Choke Point 2.0” crypto crackdown.
Kraken is pursuing a full banking license in Europe, targeting Lithuania — a move that would make it the only crypto exchange with bank status, mirroring the path Revolut took to offer accounts, lending and stock trading across the EEA.
CEO Arjun Sethi says Kraken plans to secure banking licenses region by region over the next decade — via acquisitions or from scratch — as part of parent Payward's global licensing push.
Separately, Kraken won a $22M arbitration against former auditor Mazars, which dropped the exchange in 2023 during the “Operation Choke Point 2.0” crypto crackdown.
BNB Chain Plans New Layer 1 for AI Agent Trading
BNB Chain is building a dedicated Layer 1 purpose-built for “agentic” trading — autonomous AI agents that execute trades on their own — with a testnet slated for late 2026 and a mainnet targeted for early 2027.
It complements the existing BNB Chain stack, whose AI-agent ecosystem has already grown to some 150,000 deployed agents across the network.
BNB Chain is building a dedicated Layer 1 purpose-built for “agentic” trading — autonomous AI agents that execute trades on their own — with a testnet slated for late 2026 and a mainnet targeted for early 2027.
The chain targets sub-50ms transaction pre-confirmation and over 100,000 TPS, and removes the public mempool — a change meant to curb the front-running attacks common on open chains.
It complements the existing BNB Chain stack, whose AI-agent ecosystem has already grown to some 150,000 deployed agents across the network.
Binance Wallet Adds Plume's RWA Yield Vault
Binance Wallet has integrated Plume Network's nBASIS vault, giving self-custody users direct access to tokenized Invesco and Bitwise funds — its first structured RWA yield product.
Both funds were tokenized by Superstate — USTB holds over $860M in assets and USCC over $170M.
Binance Wallet has integrated Plume Network's nBASIS vault, giving self-custody users direct access to tokenized Invesco and Bitwise funds — its first structured RWA yield product.
Users deposit stablecoins and earn roughly 3.5% from two institutional funds behind one vault: Invesco's tokenized U.S. government-securities fund (USTB) and Bitwise's crypto carry fund (USCC).
Both funds were tokenized by Superstate — USTB holds over $860M in assets and USCC over $170M.
Swift Expands Into Tokenized Finance With 17-Bank Blockchain Pilot
Swift has launched a blockchain-based shared ledger for a tokenized deposit pilot involving 17 banks across six continents, marking its first live use case for the technology.
The move adds to Swift’s growing push into tokenized finance and follows earlier work with Chainlink and UBS on tokenized fund workflows.
Swift has launched a blockchain-based shared ledger for a tokenized deposit pilot involving 17 banks across six continents, marking its first live use case for the technology.
The pilot includes major institutions such as Citi, HSBC, UBS, BNP Paribas, Standard Chartered, Wells Fargo, BNY, DBS, and MUFG Bank. Swift says the ledger will let banks transfer tokenized deposits around the clock, including overnight and on weekends, while final settlement still happens through existing systems.
The move adds to Swift’s growing push into tokenized finance and follows earlier work with Chainlink and UBS on tokenized fund workflows.
Jito Collabs With Privy to Launch Fullsend on Solana
Jito has partnered with wallet-infrastructure provider Privy to launch Fullsend — a service that routes every Solana transaction for institutional-grade landing and speed.
Jito has partnered with wallet-infrastructure provider Privy to launch Fullsend — a service that routes every Solana transaction for institutional-grade landing and speed.
Running through Fullsend by default since January, inclusion latency has dropped to as low as 50ms with 99.999% landing reliability. For Privy's embedded wallets, that means transactions confirm faster and fail less — a direct pitch to teams building consumer apps on Solana.
Circle Wins Final OCC Nod for a National Trust Bank
Circle has received final OCC approval to launch Circle National Trust — a federally regulated national trust bank offering fiduciary custody of digital assets.
Circle has received final OCC approval to launch Circle National Trust — a federally regulated national trust bank offering fiduciary custody of digital assets.
The charter clears a path for Circle to eventually bring management of the USDC Reserve under federal oversight, with custody later opening to select banks and institutions. CEO Jeremy Allaire called it “a defining step in bringing blockchain and digital assets into the core of the U.S. financial system.”
Metaplanet Studies Bitcoin-Backed Credit Instruments
Metaplanet, its securities arm, yen-stablecoin issuer JPYC and tokenization platform Progmat have launched a joint study into Bitcoin-backed digital credit instruments.
Metaplanet, its securities arm, yen-stablecoin issuer JPYC and tokenization platform Progmat have launched a joint study into Bitcoin-backed digital credit instruments.
The products would trade 24/7 with interest accruing daily, backed by Bitcoin collateral. Roles: Metaplanet handles BTC strategy and product design, JPYC brings yen-payment rails, and Progmat provides the tokenized-asset issuance platform — all structured to fit Japanese regulation. It's still research-stage, with no terms, product or timeline decided yet.
Startale Unveils a Yield-Earning Visa Card
Startale Group unveiled Startale Card at WebX 2026 — a self-custodial Visa card that lets users spend Soneium assets at 150M+ merchants worldwide, with the waitlist now open.
Startale Group unveiled Startale Card at WebX 2026 — a self-custodial Visa card that lets users spend Soneium assets at 150M+ merchants worldwide, with the waitlist now open.
Unlike custodial crypto cards, eligible holdings keep earning yield right up until they're spent, and every purchase returns cashback paid in USDSC. Built on Soneium — the Ethereum L2 Startale co-developed with Sony — it's Startale's bet on bringing onchain assets into everyday payments.
SBI and Solana to Build Japan's Onchain Financial Market
SBI Holdings has struck a strategic partnership with the Solana Foundation to build an onchain financial market in Japan, folding the foundation into its SBI R3 Japan unit — now renamed SBI Solana Global.
SBI Holdings has struck a strategic partnership with the Solana Foundation to build an onchain financial market in Japan, folding the foundation into its SBI R3 Japan unit — now renamed SBI Solana Global.
The venture will roll out yen-backed stablecoins, tokenized bonds, funds and real estate, plus cross-border payment rails for institutions — starting in Japan, then expanding across Asia and beyond. It's another leg of SBI's aggressive onchain push, positioning Japan's largest financial group as a regional hub for regulated tokenized finance.
How BTC-ready is the banking system? Depends where you look
Strategy's new Bitcoin Banking Adoption Index scores 25 major banks — and the map is lopsided. US banks lead at ~42% (Fidelity tops it at 71%), Europe sits ~29%, and Japan trails at ~18% (SMBC and RBC at just 13%).
One caveat: this is Strategy's own index, the market's biggest BTC bull, and the full methodology isn't public yet. Directional, not gospel.
Strategy's new Bitcoin Banking Adoption Index scores 25 major banks — and the map is lopsided. US banks lead at ~42% (Fidelity tops it at 71%), Europe sits ~29%, and Japan trails at ~18% (SMBC and RBC at just 13%).
One caveat: this is Strategy's own index, the market's biggest BTC bull, and the full methodology isn't public yet. Directional, not gospel.
LayerZero Executor Wallets Drained for ~$2.4M
LayerZero’s executor wallets — off-chain infrastructure that pays to deliver cross-chain messages — were compromised, draining roughly $2.4 million across several blockchains, according to security firm PeckShield.
LayerZero’s executor wallets — off-chain infrastructure that pays to deliver cross-chain messages — were compromised, draining roughly $2.4 million across several blockchains, according to security firm PeckShield.
The attacker has bridged the stolen funds to Ethereum, consolidating about 956 ETH (~$1.79M) and roughly $322K of USDC into a single wallet. LayerZero has not yet issued a public statement, and the full impact on the protocol and its users remains unconfirmed.
Tether Invests $20M in Argentine Neobank Ualá
Tether has put $20M into Ualá, one of Latin America’s biggest neobanks, as part of the fintech’s ~$197M funding round, extending the stablecoin giant’s aggressive push across the region’s fast-growing markets.
Tether has put $20M into Ualá, one of Latin America’s biggest neobanks, as part of the fintech’s ~$197M funding round, extending the stablecoin giant’s aggressive push across the region’s fast-growing markets.
Ualá serves 11M+ customers in Argentina, Mexico and Colombia at a ~$3.2B valuation, with backers like Tencent, SoftBank and Allianz X. But its CEO cautions that local rules rule out any immediate USDT integration in the near term. So the deal reads as a strategic, future-facing bet rather than instant stablecoin distribution — part of Tether’s broader Latin America investment spree that also includes Mercado Bitcoin and the wallet Belo.