#955 - SoFiUSD Stablecoin Hits $100m Market Cap On Ethereum
SoFi rolls out its stablecoin. Cash App supports stablecoin transfers. And Aztec Labs acquires ZKPassport.
- News
- 2026
- May2026
SoFi rolls out its stablecoin. Cash App supports stablecoin transfers. And Aztec Labs acquires ZKPassport.
Cash App launches support for USDC stablecoin transfers on Ethereum, Polygon, and Arbitrum, with no wallet setup required for its nearly 60 million users.
Aztec Labs acquires Obsidion, the team behind ZKPassport, a ZK-powered private identity tool.
SoFi becomes the first nationally chartered retail bank to issue a stablecoin on Ethereum, with SoFiUSD already surpassing $100 million in market cap.
LI.FI ships its intent execution engine on the Open Intents Framework. EIP-8272 is introduced. Biconomy releases its Smart Batching SDK, and Base launches Base MCP.
Biconomy released a TypeScript toolkit built on ERC-8211 that bundles swaps, bridges, and vault deposits into a single signed batch with execution-time value resolution.
Thomas Thiery, Toni Wahrstätter, and Vitalik Buterin propose recent state roots in frame transactions, unlocking FOCIL inclusion for private transactions without breaking mempool safety.
LIFI Intents is a full-stack intent execution engine that runs directly on the Open Intents Framework's reference contracts.
Vitalik outlines the EF's next chapter, the Kohaku initiative is shipping privacy, KelpDAO rsETH is fully restored, and the SFI definition is tightened.
The "Scheduled for Inclusion" (SFI) status in Ethereum's upgrade process has been tightened to bring more clarity for developers.
J.P. Morgan acquired 1,974,144 shares of BitMine Immersion Technologies Inc. (BMNR), the world’s largest Ethereum treasury company.
$PROVE is the native token of the Succinct Prover Network and will serve as payment for generating proofs, economic security through staking and slashing, and governance.
Restakers, operators, rollup sequencers, and full nodes can now interact with EigenLayer on Holesky.
The company acquired 10,000 ETH in an over the counter transaction directly with the Ethereum Foundation.
A new long-lived Ethereum testnet featuring a similar configuration and validator count as Ethereum mainnet.
Ethereum daily news briefing. Learn about Ethereum, DeFi, RWAs, staking, and ZK.
Thanks for subscribing.