Polaris Introduces Stablecoin OS
A stablecoin operating system aiming to address the stablecoin trilemma of decentralization, scalability, and yield.
Polaris introduces stablecoin OS.
Tether launches USA₮.
FOCIL proposed for Hegotá.
SSV announces staking upgrade.
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Listen to this episode from Ethereum News on Spotify. Polaris introduces its stablecoin operating system. Tether launches its USA₮ stablecoin on Ethereum. FOCIL is proposed as a headliner for Hegotá. And SSV Network introduces SSV Staking. Read more: https://ethdaily.io/870 Sponsor: Arkiv is an Ethereum-aligned data layer for Web3.
](https://open.spotify.com/episode/1mUEk5MLAibZGSX10ZLWv7)
EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn
Polaris introduced its stablecoin operating system designed to address the stablecoin trilemma of decentralization, scalability, and yield. Its native yield-bearing stablecoin, pUSD, will be backed by ETH and will capture volatility itself as a sustainable yield source, eliminating counterparty risk from T-bills. The protocol also features pETH, an ETH derivative with a rising price floor, and POLAR, its native governance token with real yield. Immutable, auditable, and forkable, Polaris aims to provide a trustless, censorship-resistant alternative to centralized stablecoins while enabling scalable yield that grows with adoption.
Tether, the world's largest stablecoin issuer by market capitalization, launched its U.S. dollar–pegged stablecoin, USA₮, on Ethereum mainnet. USA₮ is issued by Anchorage Digital Bank, with Cantor serving as the reserve custodian, and aims to be fully U.S.-regulated and compliant with the GENIUS Act. The stablecoin currently has a market capitalization of $20 million. Tether's flagship stablecoin, USD₮, remains the largest stablecoin by market cap, with a total supply of approximately $186 billion. Tether is also among the top 20 holders of U.S. Treasuries.
Ethereum researcher Soispoke.eth proposed Fork-Choice Enforced Inclusion Lists (FOCIL) EIP-7805 as the headliner proposal for the Hegotá upgrade. Previously deferred from Glamsterdam, FOCIL strengthens Ethereum's censorship resistance by allowing multiple validators to enforce the inclusion of any protocol-valid transaction within a bounded timeframe. FOCIL reduces reliance on centralized block builders. As a headliner proposal, FOCIL aligns with the fork's focus on protocol-level guarantees for fair transaction inclusion. FOCIL's specifications have been reviewed, and prototype implementations exist across most Ethereum clients.
SSV Network, a permissionless DVT staking protocol, introduced SSV Staking, a protocol upgrade that shifts the network to an ETH-native, onchain staking and accounting model. The upgrade allows SSV holders to stake SSV and earn ETH-denominated network fees. Stakers receive cSSV, an ERC-20 token that represents their staked position 1:1, retains governance rights, and continuously accrues ETH rewards. SSV Network is increasingly favoring ETH-denominated validator clusters. The transition to ETH rewards enables more capital-efficient liquidation parameters.
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Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
L1-zkEVM Implementation Roadmap
The E zkEVM team released a 2026 implementation roadmap to bring zkEVM proofs into Ethereum L1.
EF zkEVM 2026 impl roadmap.
OP Labs post-quantum roadmap.
Kraken launches DeFi Earn.
Bitwise becomes Morpho curator.
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Listen to this episode from Ethereum News on Spotify. The EF zkEVM team shares its 2026 implementation roadmap. OP Labs releases its post quantum roadmap. Kraken launches DeFi Earn. And Bitwise becomes a Morpho vault curator. Read more: https://ethdaily.io/869 Sponsor: Arkiv is an Ethereum-aligned data layer for Web3.
](https://open.spotify.com/episode/7lbqO8YB6l3tDtzftq5Lpp)
EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn
The Ethereum Foundation's zkEVM team released a 2026 implementation roadmap to bring zkEVM proofs into Ethereum L1. The 2026 roadmap centers on six areas: standardizing execution witnesses and stateless guest programs; defining interoperable zkVM-guest interfaces; enabling consensus layer clients to verify zkEVM proofs; building reliable prover infrastructure; benchmarking performance and requirements; and formally verifying critical components. Enshrined PBS (ePBS), targeted for Glamsterdam, is a key dependency. The goal is to replace re-execution with zk proofs in attestation, fully integrating zkEVMs into L1.
OP Labs announced a long-term plan to make the OP Stack and Superchain resilient to future quantum computers. The goal is to ensure that the stack's cryptography remains secure in a post-quantum world. The roadmap includes the deprecation of all ECDSA-signed externally owned accounts (EOAs) on OP Mainnet and across the Superchain by 2036. Users will migrate by delegating control of their EOAs to post-quantum (PQ) smart contract accounts, with account abstraction via EIP-7702 identified as a viable migration path. The roadmap also includes transitioning OP Stack sequencers and batch submitters from ECDSA to PQ signature schemes. OP Labs is working with the Ethereum Foundation to move Ethereum away from BLS signatures and KZG commitments toward post-quantum alternatives.
Kraken launched DeFi Earn, a new product that allows its Kraken Consumer, Pro, mobile, and Kraken wallet users deposit cash or stablecoins into vaults that earn yield from DeFi lending protocols, including Aave. The funds are placed into Veda-managed vaults on Kraken's Ink L2 network, offering variable returns of up to 8% APY. Serving as a "DeFi mullet," Kraken handles all onchain complexity behind the scenes, no seed phrases or manual transactions required. Kraken charges a 25% fee on rewards for the service. DeFi Earn aims to deliver DeFi-level yields with the simplicity of Kraken's custodial exchange, including support for near instant withdrawals.
Bitwise is becoming a vault curator on the Morpho lending protocol and will launch a suite of non-custodial vault strategies aiming to broaden access to transparent, onchain yield. The first vault targets approximately 6% APY by allocating to overcollateralized lending markets and will be managed by Jonathan Man, Bitwise's Head of DeFi Strategies. Bitwise expects assets under curation in onchain vaults to double this year. Bitwise is a global asset manager with more than $15 billion in assets under management, including the ETHW ETF.
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Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
Ethereum Post Quantum Team
The Ethereum Foundation has made post-quantum security a top strategic priority and formed a new post-quantum team..
EF forms Post Quantum team.
SEC ends action against Gemini.
EigenAI whitepaper released.
Validator entry queue hits 3m ETH.
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Listen to this episode from Ethereum News on Spotify. The Ethereum Foundation establishes a Post Quantum Team. The SEC ends enforcement action against Gemini. EigenCloud releases the EigenAI whitepaper. And the validator entry queue exceeds 3 million ETH. Read more: https://ethdaily.io/868 Sponsor: Arkiv is an Ethereum-aligned data layer for Web3.
](https://open.spotify.com/episode/4vWdorJQ3r7Lu5kgL43tOi)
EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn
The Ethereum Foundation has made post-quantum security a top strategic priority and formed a new post-quantum team led by Thomas Coratger, with leanVM as the cryptographic backbone. Post-quantum security aims to ensure Ethereum remains cryptographically secure against future quantum computers. As part of the initiative, the Foundation is launching bi-weekly All Core Devs PQ calls and multi-client PQ consensus devnets. It is also introducing a new $1 million Poseidon Prize to strengthen the Poseidon hash function, alongside the existing $1 million Proximity Prize. The EF will release a roadmap for a full PQ transition, targeting zero downtime and no loss of funds.
The SEC has dismissed its enforcement action against Gemini Trust Company, LLC related to the Gemini Earn program. In January 2023, the SEC charged Genesis Global Capital and Gemini Trust Company with offering and selling unregistered securities through the Gemini Earn crypto lending program. The SEC alleged that Gemini violated federal securities laws by bypassing required disclosure obligations. The dismissal was made at the SEC's discretion and was based on Gemini's full 100% in-kind return of crypto assets to Gemini Earn investors, as well as Gemini's state and regulatory settlements related to the program.
EigenCloud released its whitepaper for EigenAI, a framework designed to make AI outputs bit-exact, deterministic, verifiable, and auditable. EigenAI introduces deterministic inference on GPUs, producing identical outputs from the same model, prompt, and environment. It also introduces optimistic verification, where results can be challenged, fraud is provably detectable, and economic penalties enforce honesty. EigenAI allows users and institutions to verify exactly what AI models produce.
The Ethereum validator entry queue has exceeded 3 million ETH, pushing estimated wait times to roughly 54 days. The queue is driven by protocol-level limits on the number of validator deposits and withdrawals processed per slot. Total ETH staked has reached a new all-time high of around 36 million ETH, representing approximately 30% of the total ETH supply. The validator exit queue has remained near zero for the past two weeks.
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Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.