• Bungee V2 goes live

• U.S. Banks explore stablecoins.

• EigenLayer verifiable apps page.

• 6-second slots for Glamsterdam.

Bungee V2, an upgrade that transforms the protocol from a bridge aggregator into an open liquidity marketplace, is now live. Instead of relying on a single aggregator to find routes, any agent can now compete to fulfill swaps, optimizing for speed, cost, and security. Bungee V2 removes gas fees, MEV exposure, and risks of failed transactions. Bungee V2 features BungeeAuto, a dynamic routing model powered by Socket Protocol, a chain abstraction protocol that uses Modular Orderflow Actions (MOFA) to automate and reliably execute user intents across chains, enabling seamless and gasless token swaps. Bungee’s V1 protocol will continue to operate for manual bridging.

Multiple U.S.-based banks are reportedly exploring the creation of a joint stablecoin, according to the WSJ. The participating banks include JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo. The initiative is set to involve payment networks co-owned by the banks, such as Zelle and The Clearing House, which facilitates real-time payments between financial institutions. The stablecoin would initially be used by the partner banks, with the possibility of expanding access to other banks and financial entities over time.

EigenLayer launched a discovery page for Verifiable Apps, which are applications that use EigenLayer’s Actively Validated Services (AVS) and restaking infrastructure to boost security and performance. Users can browse over 80 apps, filter by AVS or category, and submit their own. The current version is read-only, with interactive tools and additional features coming in a future release.

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