Open USD rattled Circle's stock, but its key backers still support USDC
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Executives at Coinbase, Visa and Mastercard said they plan to support multiple stablecoins, suggesting Open USD is another payments rail rather than a direct replacement for USDC.
The daily DEX trading volume of Base Chain tokenized stocks reached a record high of $100 million. The total trading volume over the past 30 days was 730.9 million US dollars, with Aerodrome contributing 557.1 million US dollars and Uniswap v4 contributing 139.3 million US dollars. (Source: TokenTerminal)
The total deposit amount of Aave v4 has exceeded 900 million US dollars, and the active loan scale has reached 280 million US dollars. The deposit scale has increased by more than 100% in the past month.
US Senator Cynthia Lummis stated that if the CLARITY bill fails to pass, the Democratic Party will bear the corresponding consequences, and said that Democrats wrote the bill and it must be passed.