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Chainlink collaborates with 47 South Korean and European banks to advance stablecoin cross-border settlements

Chainlink has launched Project Pangea in collaboration with FairSquareLab, a South Korean digital asset infrastructure company, UniKA, a coalition of over a dozen South Korean commercial banks, and Qivalis, a euro stablecoin alliance backed by 37 European banks.The project aims to bring together financial institutions from Europe and South Korea to assess the feasibility of direct atomic swap settlements using euro- and won-denominated stablecoins, leveraging Chainlink’s data infrastructure and FairSquareLab’s on-chain foreign exchange settlement technology. Currently operating as a working group, the project has not yet announced an implementation timeline for production deployment. Separately, fintech startup OpenFX recently raised $94 million to expand its stablecoin-based payment network. (Cointelegraph)

Chainlink Partners with 47 European and Korean Banks to Advance Project Pangea, Aiming for Real-Time Cross-Border Stablecoin Settlement Within One Year

According to CoinDesk, blockchain infrastructure company Chainlink has announced its participation in Project Pangea—a consortium formed by Qivalis, a European stablecoin consortium backed by 37 European banks, and UniKA, the Korean banking alliance representing over 10 commercial banks—collectively managing assets exceeding $10 trillion. The project targets the economic corridor between Europe and Korea, which sees annual trade exceeding $15 billion, aiming to reduce foreign exchange settlement cycles from the traditional T+2 (48 hours) to T+0 (near real-time) using regulated euro- and won-pegged stablecoins, and employing atomic PvP (payment-versus-payment) settlement to mitigate counterparty risk. Chainlink will serve as middleware, translating legacy SWIFT instructions into instant atomic swaps on-chain—without requiring banks to replace their existing payment infrastructure. The project aims to achieve live, compliant transactions within 12 months.

Polychain senior partner Josh Rosenthal announces departure from Polychain to launch a new project

Josh Rosenthal, a senior partner at Polychain, posted on platform X stating that after nearly five years at Polychain, he will be leaving the firm. He thanked the Polychain team, investors, and the founders supported, and stated that he will participate in building a new project, with more details to be announced later.

The tokenized version of Franklin Templeton’s ETF USPX has launched on Mantle’s DEX, Fluxion.

The tokenized version of Franklin Templeton’s Franklin U.S. Equity Index ETF (USPX), issued by xStocks as USPXx, has launched on Fluxion, Mantle’s decentralized exchange (DEX). Mantle stated that Fluxion is among the first on-chain trading platforms to distribute this ETF, enabling users to execute AMM-free, zero-slippage trades via Atomic RFQ.

Robinhood Has Launched WLD

According to the official page, Robinhood has launched WLD.

Bitget has partnered with U.S. licensed broker Atomic Vaults (AVS)

Odaily Planet Daily reported that Bitget has announced a partnership with U.S. licensed broker Atomic Vaults (AVS). AVS will provide the underlying support for Bitget's recently launched direct U.S. stock connection service, "Bitget Stocks." AVS is a broker-dealer registered with the U.S. SEC and a member of FINRA and SIPC, with a monthly notional trading volume exceeding $20 billion, offering institutional-grade trading infrastructure and compliant access to the U.S. stock market.It is understood that Bitget's U.S. stock business now operates on a dual-track model. On one hand, it provides stock token (rToken) trading through the compliant RWA protocol Reality; on the other hand, it offers direct real stock trading through AVS.

former head of the Bank for International Settlements softens stance on stablecoins, supports coexistence with fiat currencies

former Bank for International Settlements Governor Agustín Carstens stated at the Point Zero Forum that stablecoins can promote financial innovation and inclusion while reducing costs.He pointed out that efforts should be made to create conditions for the coexistence of fiat currencies and stablecoins. If the goal is to establish a global system where stablecoins interact with global currencies, this must be a collaborative global effort. Better regulation and a level playing field for issuers could help stablecoins thrive in a dramatic way. (cointelegraph)

Lido withdraws official support for wstETH bridge endpoints on nine networks including zkSync Era

based on the results of the Lido DAO Snapshot vote, Lido has revoked the official endorsement status of wstETH bridge endpoints on nine networks: zkSync Era, Mode, Scroll, Mantle, Swell, Zircuit, Soneium, Polygon PoS, and Lisk.The funds of users holding wstETH on these networks remain safe, and no action is required. This revocation is a governance decision and will not disable any bridges, invalidate tokens, or affect users' ability to bridge wstETH back to Ethereum. Future proactive monitoring, marketing support, and ecosystem development for wstETH on the affected networks will cease. Relevant network information will be updated on Lido's multichain page, documentation, and help center.

THORChain Resumes Trading After $10.7 Million Attack

Odaily, the decentralized cross-chain liquidity protocol THORChain has resumed trading after being down for over five weeks following a May attack. Signing, swapping, liquidity provider operations, and redemptions have all been restored.On May 15, blockchain investigator ZachXBT and security firm PeckShield identified that the protocol had likely been exploited, prompting THORChain to halt trading. The vulnerability resulted in a loss of approximately $10.7 million from one of its six Asgard vaults, while the other five vaults were unaffected.THORChain stated that each vault has now been verified, and every key share has been cross-checked. Native Monero swaps are currently undergoing end-to-end testing and will be launched subsequently. (The Block)

OCC Proposes Applying the Bank Secrecy Act to Stablecoin Issuers

According to PYMNTS, on June 22, the U.S. Office of the Comptroller of the Currency (OCC) issued a proposed rulemaking requiring payment stablecoin issuers (PPSIs) under its supervision to comply with provisions of the Bank Secrecy Act (BSA) and the GENIUS Act, and mandating that they implement anti-money laundering/combating the financing of terrorism (AML/CFT) programs, sanctions programs, and reporting requirements administered by the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC). The rule would also establish an OCC supervisory and enforcement framework for PPSIs’ AML/CFT obligations and clarify coordination mechanisms between the OCC and FinCEN in enforcement actions. Previously, the OCC had jointly sought public comment with the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA) regarding requirements for stablecoin issuers to establish customer identification programs.

European Parliament’s key committee approves legal framework for digital euro; ECB targets launch in 2029

According to Bloomberg, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) approved the legal framework for the digital euro in Brussels on Tuesday, endorsing the simultaneous launch of both online and offline versions—clearing the way for final negotiations among legislative bodies, national governments, and the European Commission. The European Central Bank plans to officially launch the digital euro as early as 2029; the project is viewed as a key initiative by the EU to safeguard its monetary sovereignty.

Wintermute: Fed’s hawkish pivot weighs on crypto markets first; short-term range-bound volatility likely

According to Wintermute’s market weekly report, a significant macroeconomic shift occurred during the week ending June 22: The U.S. Federal Reserve held its benchmark interest rate steady at 3.50%–3.75%, but its statement adopted markedly tighter language—removing all references to accommodative policy. The median dot-plot projection rose from 3.4% to 3.8%, and 17 of the 18 FOMC members assessed inflation risks as skewed upward. The probability of a December rate hike surged from roughly 24% one month earlier to approximately 77%. Meanwhile, the Iran nuclear deal—originally scheduled for signing on June 19—collapsed following Israeli airstrikes on Lebanon, prompting Iran to withdraw from negotiations. Qatar is now attempting to extend talks until the end of June. With U.S. equity markets closed for Juneteenth, they failed to react promptly; crypto markets bore the brunt first—BTC peaked near $67,000 midweek before retreating to around $62,000, posting a weekly decline of 3.8%; ETH once again fell below $2,000, dropping into the mid-$1,700 range, down 1.2% for the week; over the weekend, approximately $600 million in long positions were liquidated, while less than $90 million in short positions were cleared—highlighting persistent leverage imbalance. Wintermute noted that the narrative of forced selling by “Strategy” players has dissipated (net BTC purchases totaled 1,587 BTC between June 8–14), yet marginal demand from both ETFs and Strategy participants has clearly weakened compared to prior periods. Capital inflow channels remain unopened, and the market is stabilizing primarily under light positioning and low leverage.

BIT Margin Trading is about to launch public beta, with professional trading capabilities continuously upgrading

Odaily Odaily News BIT (formerly Matrixport) has officially launched its Margin Trading feature and will open public beta on June 26. BIT is the first platform in the crypto industry to offer a margin function. Users can now submit margin applications through the official website or APP. BIT will review applications based on account status and risk management requirements and gradually open margin limits.In addition, features such as securities lending are also in preparation and will be gradually rolled out in accordance with regulatory requirements and product progress.During the public beta, BIT is simultaneously launching the "First Margin Borrow · Limited-Time Zero Interest" and "Interest Cashback Rewards" campaigns. Users who utilize margin for the first time during the event period will enjoy 0% interest on their first loan for 30 days, allowing users to experience the capital efficiency of leverage with zero interest.Elio Cui, Head of the Brokerage Business, stated: “BIT is the first to offer margin functionality, completing the client journey from account opening and trading to capital leverage. This allows BIT clients to enhance investment efficiency and gain early access to the world’s most wealth-generating assets without relying on bank cards or leaving the digital asset ecosystem.”BIT also reminds users that while margin trading improves capital efficiency, it also carries corresponding risks. Users should fully understand the margin rules and risk control mechanisms and participate prudently based on their own risk tolerance.

Bitget Launches VIP Miracle Medal Program to Enhance Multi-Asset Trader Rights System

Bitget has announced the launch of the VIP Miracle Medal Program. This program targets traders active in the cryptocurrency, U.S. stock, and CFD markets, establishing four types of achievement medals: UEX Trading Master, Futures Trading Master, CFD Trading Master, and Stock Trading Master. It aims to further expand exclusive services and rights for VIP users through a recognition system.Following the introduction of initiatives such as the VIP Fast Track and VIP Airdrop Season, Bitget's addition of this medal system aims to enhance its user rights ecosystem. Leveraging the UEX strategy, the platform continues to expand its multi-asset product categories and meet the differentiated needs of traders across various regions and groups through a tiered rights mechanism.

BitMart Futures to List TTMIUSDT, MPWRUSDT & 16 Perpetual Contracts

: According to official announcements, BitMart Futures will list TTMIUSDT, MPWRUSDT, STMUSDT, NEEUSDT, NEMUSDT, SLBUSDT, PYPLUSDT, TEMUSDT, VSTUSDT, UPSTUSDT, FCXUSDT, BLKUSDT, AXPUSDT, CATUSDT, FLEXUSDT, and APDUSDT perpetual contracts on June 23, 2026, at 19:00 (UTC+8), supporting up to 20x leverage!

HTX has launched perpetual contracts for ALAB, SMCI, LRCX, and KLAC, and initiated the Contract Trading Party.

According to the official announcement, HTX (formerly Huobi) launched perpetual contracts for ALAB/USDT, SMCI/USDT, LRCX/USDT, and KLAC/USDT on June 23, with a maximum leverage of 10x. Simultaneously, HTX is hosting a trading competition for ALAB, SMCI, LRCX, and KLAC perpetual contracts from June 23, 15:00:00 to June 30, 15:00:00 (UTC+8), with a total prize pool of $20,000. During the event period, users who register and trade ALAB/USDT, SMCI/USDT, LRCX/USDT, or KLAC/USDT perpetual contracts—achieving a cumulative valid trading volume of ≥$1,000—will share the prize pool based on their trading volume rankings. Additionally, new contract traders participating in this event will receive exclusive rewards.

Binance to Launch MVLLUSDT, TQQQUSDT, and SQQQUSDT Perpetual Contracts

According to the official announcement, Binance Futures will launch three USDⓈ-margined perpetual contracts—MVLLUSDT, TQQQUSDT, and SQQQUSDT—at 13:35, 13:40, and 13:45 UTC on June 29, 2026. MVLLUSDT tracks the GraniteShares 2x Long MRVL Daily ETF (NASDAQ: MVLL), TQQQUSDT tracks the ProShares UltraPro QQQ (NASDAQ: TQQQ), and SQQQUSDT tracks the ProShares UltraPro Short QQQ (NASDAQ: SQQQ). All three contracts are settled in USDT, offer up to 20x leverage, feature funding rate settlements every eight hours, and support 24/7 trading and multi-asset margin mode.

CatFee.IO Completes Infrastructure Expansion, TRON Node Daily API Calls Surpass 720 Million

According to Odaily, TRON infrastructure service provider CatFee.IO recently announced the completion of a new round of infrastructure expansion and upgrades to meet the growing demand for enterprise-grade services.It is understood that this upgrade covers data centers in Singapore and Los Angeles, adding backup servers and a load balancing architecture, while simultaneously completing network bandwidth expansion and global route optimization. Following the upgrade, overall bandwidth capacity has increased to five times its original scale, and a DNS intelligent routing mechanism has been implemented to further enhance global access quality and service stability.CatFee.IO stated that, as of now, its TRON Node service customer base has surpassed 500, with daily API calls exceeding 720 million. Its service coverage spans multiple scenarios, including wallets, energy rental platforms, payment systems, Web3 projects, and individual developers.

Galaxy Research Head: U.S. Senate Passes Housing Bill Prohibiting Fed from Issuing CBDC Before 2030

Odaily Odaily reports: Galaxy Research Head posted on X platform stating that the U.S. Senate passed a major bipartisan housing bill last night. It is expected to quickly pass the House of Representatives and be signed by the U.S. President. Chapter XI of the bill prohibits the Federal Reserve from issuing a central bank digital currency (CBDC) before 2030.

Bybit Launches USAR, BBX, and CRDO Perpetual Contracts Today

Bybit today launched three new perpetual contracts: U.S. Rare Earth (USARUSDT), BlackBerry (BBXUSDT), and Credo Technology (CRDOUSDT), covering the rare-earth resources, enterprise security software, and high-end chips sectors.