Spark and Uniswap launch FX Layer with $150M stablecoin liquidity migration

Abracadabra.money declared emergency measures after its MIM stablecoin fell roughly 50% below its $1 peg, triggering interest rate hikes across all Cauldrons, a halt to Curve bribes, and a suspension of direct incentives.

Spark, Uniswap, and Sky are launching shared stablecoin liquidity infrastructure, beginning with a $150 million USDS migration to Uniswap v4 pools designed to serve a multi-issuer stablecoin economy.

Spark deployed approximately $150 million across two Uniswap v4 pools on Ethereum, while its DualPool hook and Shared Liquidity Layer are planned for later phases.

Aave has rebounded sharply from this week’s sell-off and is now testing a key long-term resistance level after renewed buying, short-covering activity, and fresh optimism around the DeFi lending protocol lifted market sentiment. According to data from crypto.news, Aave (AAVE)…

RLUSD gains regulated access to Japan through JFSA approval and SBI VC Trade. Ripple expands stablecoin adoption in Asia with institutional and retail market access. RLUSD reaches Japan with a $1.7 billion market cap and enterprise-focused use cases. Japan has approved Ripple USD (RLUSD) for use in its regulated digital asset market, marking a major […] The post Ripple’s RLUSD Launches in Japan After Key Regulatory Approval appeared first on Live Bitcoin News.

Circle and Nomura are reportedly partnering to enable stablecoin-based foreign exchange settlement for Japanese companies as the country's regulated blockchain-based financial infrastructure expands.

AAVE’s rally against a weaker Bitcoin tape suggests traders are still rewarding DeFi names tied to institutional lending and real-world asset narratives.

MemeCore’s M token plunged in a sudden sell-off, reviving concerns about thin liquidity, insider supply and exchange listing standards.