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Data: Hyperliquid platform whales currently hold positions worth $6.468 billion, with a long-short position ratio of 0.93.
23m ago
Capybobo Second Generation Game will be launched on January 16th, continuously empowering new application scenarios for the PYBOBO token
1h ago
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U.S. nationwide bank SoFi launches USD stablecoin SoFiUSD, now live on Ethereum
PANews December 18 News, according to The Block, SoFi Bank announced the release of the US dollar stablecoin SoFiUSD (1:1 cash reserve), claiming to be the first nationwide bank in the United States to issue a stablecoin on a public blockchain. SoFiUSD is now live on Ethereum, providing 24/7 near-instant, low-cost settlement services for banks, fintech, and corporate partners, with plans to open to SoFi users. SoFi stated that it can hold cash reserves in Federal Reserve accounts, share profits, and support partner white-label issuance or direct integration into settlement and payment processes. The stablecoin will also be used for card networks, retail settlements, SoFi Pay cross-border remittances, and POS payments. This year, several institutions have promoted stablecoins, including KlarnaUSD, Western Union’s USDPT, and Stripe’s USDB.