SEC secures $5.5M default judgment against fake crypto platform NanoBit

Miden Launches USDCx, a Privacy-Focused Stablecoin Built on USDC

Miden has introduced USDCx, a new privacy-focused stablecoin derived from USDC. The token is designed to allow users to conduct transactions without publicly revealing their account balances, transaction histories, or the identities of counterparties. Despite its privacy features, USDCx supports selective disclosure, enabling users to share transaction details when required for regulatory compliance. The move signals Miden's strategic push into privacy-preserving financial infrastructure within the stablecoin space.

Stablecoins and Tokenization Are Reshaping How Capital Moves in Markets

LMAX Group's Jenna Wright argues that modern markets struggle not from a lack of capital but from capital being trapped in inefficient settlement cycles. She contends that risk reprices in real time while traditional infrastructure fails to keep pace. Wright makes the case that stablecoins and tokenization are emerging as the underlying infrastructure to solve this mismatch. According to her analysis, these technologies enable money to move at the same speed as the risks they are meant to support.

Smart contract blockchain Solana nearly froze Wednesday, Marinade Finance says

Standard Chartered's Anchorpoint Launches HKD Stablecoin in Hong Kong

Anchorpoint, a stablecoin initiative led by Standard Chartered, has launched a Hong Kong dollar-pegged stablecoin called HKDAP. The token is designed to serve institutional and professional investors in the Hong Kong market. HashKey Exchange and OSL Group have been designated as authorized distributors for the new digital asset. Through these platforms, eligible investors can mint and redeem HKDAP tokens as needed.