KelpDAO unpaused rsETH withdrawals, bridging, and claims as part of a coordinated restart following the protocol's recovery from the April 18th exploit. Exchange rates will be updated around 4:30 pm CET on May 15th, at which point accrued staking rewards for rsETH holders during the pause will be reflected. rsETH is now fully backed thanks to funds raised from DeFi United.

Aave has simultaneously unpaused rsETH across its Ethereum Core, Arbitrum, Base, Linea, and Mantle markets. Deposits remain closed pending a brief stabilization window, and the remaining rsETH tranches will be sent over to fully refill the LayerZero lockbox. Utilization rates across affected markets remain elevated.

Disclaimer: Content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. No representations or warranties are made as to accuracy, completeness, or timeliness. Use of this content is at your own risk, and you should consult a qualified professional before making decisions. No fiduciary or advisory relationship is created

Centrifuge launched deSPXA on Base, its tokenized version of the Anemoy S&P 500 fund (SPXA). SPXA is a fund that tracks the S&P 500 index, managed by Janus Henderson and benchmarked using S&P Dow Jones Indices. The launch brings tokenized exposure to the S&P 500 on Base for non-U.S. users with 24/7 settlement.

deSPXA is the first product under Centrifuge's deRWA framework, a structure for enabling tokenized real-world assets across DeFi protocols. Coinbase also named Centrifuge as a preferred tokenization infrastructure partner with Coinbase Ventures, making a strategic investment in the RWA company.

Disclaimer: Content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. No representations or warranties are made as to accuracy, completeness, or timeliness. Use of this content is at your own risk, and you should consult a qualified professional before making decisions. No fiduciary or advisory relationship is created

Visa expanded its stablecoin settlement pilot to five new chains, including Base and Polygon. The additions bring Visa's total supported blockchains to nine, joining existing support for Ethereum. The pilot aims to push Visa's stablecoin infrastructure into mainstream finance. The pilot has reached a $7 billion annualized run rate.

The pilot builds on regional rollouts across Latin America, Europe, Asia Pacific, and CEMEA, as well as the recent expansion of USDC settlement to U.S. banks and over 130 stablecoin-linked card programs. Visa's multi-chain approach aims to give its partners more flexibility in how they access liquidity, while the network handles the underlying complexity of cross-chain settlement.

The expansion fits a broader trend of legacy financial infrastructure piloting Ethereum-aligned stablecoin rails. SWIFT is testing a stablecoin and onchain messaging system on Linea, and Polymarket recently announced its own native USD stablecoin to replace bridged USDC.e.

EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn

Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.