PiggyBank’s LAB hedge backfires as USDC vault NAV drops 15%
PiggyBank closed its LAB hedge after extreme swings, with estimated NAV drawdowns of 15% for USDC, 12% for SPYx and 9% for JitoSOL accounts.
Crypto News·
edgeX has paid 50% of approved June 2 claims in USDC, with the remaining half due in EDGE tokens in April 2027 and claims closing on June 9.
Read full articlePiggyBank closed its LAB hedge after extreme swings, with estimated NAV drawdowns of 15% for USDC, 12% for SPYx and 9% for JitoSOL accounts.
Mastercard expands settlement to regulated stablecoins, spanning USDC, PYUSD and more on Ethereum, Solana, Polygon and others—where coverage beats token hype.
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Online speculation has tied Bitcoin’s latest drop to retail demand for SpaceX’s record IPO, but crypto flow data has not shown clear evidence of a mass cash exit. CryptoQuant data reviewed in the report showed no unusual withdrawals of USDC…
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Travala’s new protocol lets AI agents search and book hotels with USDC on Base, but travelers still approve the final payment.
The integration of USDC on Base by Modern Treasury could accelerate stablecoin adoption in enterprise payments, bridging crypto and traditional finance. The post Modern Treasury adds USDC on Base to bridge stablecoin payments with traditional banking rails appeared first on Crypto Briefing.
Travala's AI travel protocol could revolutionize booking efficiency, but raises concerns about AI autonomy and user control in financial transactions. The post Travala unveils agentic AI travel protocol with gasless USDC payments on Base appeared first on Crypto Briefing.