News linked to both this project and an event.
Odaily News: Brian Armstrong posted on X platform stating that another feature for AI agents has been launched. The first use case is Travala, where users can use common large language models to book over 2 million properties on Base using USDC. He expressed excitement to see more enterprises building on this foundation with AWS AgentCore and opening their services to the newest and fastest-growing consumer segment.
: Base announced the launch of the Batches 004 accelerator program, which will select 10 startups over an 8-week program, with each receiving $100,000 in investment funded by the Base Ecosystem Fund. Applications close on September 9, and the program will hold Demo Day in New York in November. This round is aimed at pre-seed startups focused on trading, payments, funding, and AI agents, covering products that use stablecoins to support agent shopping, trading, and payments, as well as lending, e-commerce, and decentralized AI infrastructure. Teams may support multiple blockchains but must have Base as their primary network. Selected teams will receive dedicated advisors, weekly support, and exposure assistance within the Base ecosystem, and will present their projects to investors at Demo Day. Coinbase launched Agentic Wallets on Base in February and Coinbase for Agents in June, which respectively enable AI agents to hold USDC and pay via the x402 protocol, and to directly connect to user accounts. (Decrypt)
: Asset tokenization platform Centrifuge has announced its integration with Liquid Lane, a liquidity network launched by Symbiotic, to provide on-chain liquidity support for three of its tokenized funds, covering fund products with approximately $1.6 billion in assets under management.The integration involves Janus Henderson's JAAA (AAA-rated collateralized loan obligation strategy fund), JTRSY (short-term U.S. Treasury strategy fund), and NYLIM's HYB (U.S. high-yield corporate bond fund). Through Symbiotic Liquid Lane, eligible fund holders can exchange their fund tokens for USDC via an on-chain request-for-quote (RFQ) market, enabling instant liquidity. This mechanism allows market makers to draw funds from liquidity vaults to meet investor redemption demands, and subsequently redeem fund tokens through the issuer or sell them in other RFQ transactions.Centrifuge stated that this solution separates investors' instant access to USDC liquidity from the traditional fund redemption process, making tokenized funds more adaptable to the trading demands of on-chain financial markets. (Cointelegraph)
Coinbase announced that Brazilian users can now directly buy and sell USDC using Brazilian Real on the Coinbase Advanced platform. This feature reduces intermediate steps in the trading process and lowers the cost of acquiring USDC via Brazilian Real by 85%. Coinbase stated that stablecoins are becoming an important component of the global financial system, with global stablecoin settlement volume exceeding $30 trillion in 2025 and Coinbase's annual stablecoin settlement volume approaching $1 trillion.
Odaily News: Cryptocurrency exchange Coinbase's x402 payment protocol has processed approximately 14 million AI agent transfers over the past 30 days, with the Base network handling 7.3 million transfers and the Polygon network processing 5.6 million. USDC covers nearly all of these transfers. x402 utilizes the HTTP 402 "Payment Required" mechanism, enabling software to automatically request and complete payments. Coinbase has expanded its related payment services to the Base, Solana, and Polygon networks, supporting USDC as the settlement asset. In July, Coinbase launched Coinbase Business, allowing enterprises to directly receive USDC payments from AI agents, with support for payment collection, reconciliation, and withdrawals. Coinbase has described agent payments as one of its "high-conviction bets." (Bitcoin.com News)
According to BeInCrypto, a field research report recently released by the Bank of Italy shows that stablecoins do not possess a systemic cost advantage in cross-border remittances. Researchers tested USDC transfers of $200 through 10 actual remittance corridors, covering routes between Italy and Argentina, Brazil, South Africa, the UAE, and Japan, with total fees ranging from 0.3% to nearly 9%, showing a significant disparity. The study found that on-chain transfers themselves accounted for an average of only 0.4% of the total cost; what truly drove up fees were steps still reliant on banks and exchanges, such as funding, currency conversion, and withdrawal. Taking the UAE-to-Italy corridor as an example, where bank transfers were unavailable and credit card funding was forced, fees alone reached as high as 3.8%. Meanwhile, transfer speeds also differed significantly due to variations in destination payment infrastructure. Instant payment systems like Brazil's Pix could complete settlement within 20 minutes, while South Africa required 1 to 2 business days, no different from traditional bank wire transfers. The report pointed out that stablecoins currently still heavily rely on the banking system they attempt to replace, and the narrative that "stablecoins are quietly replacing traditional payment rails" remains unsubstantiated.
According to CoinDesk, Cash App has integrated with crypto payment platform MoonPay, expanding its cryptocurrency services from previously primarily supporting Bitcoin and the USD stablecoin USDC to various digital assets including Ethereum, Solana, XRP, and USDT.
Odaily News: Payment app Cash App is expanding its cryptocurrency services through crypto payment platform MoonPay, allowing 50 million users to purchase tokens such as ETH, SOL, XRP, and USDT. Additionally, users can top up major wallets like Ledger, BitPay, Trust Wallet, MetaMask, and Uniswap through Cash App. Previously, Cash App's crypto services only supported Bitcoin, with USDC support added earlier this year. (CoinDesk)
According to an official tweet from Coinbase (@coinbase), Coinbase has officially launched a series of financial services for AI Agents, declaring that "the era of Agent Finance (AiFi) has arrived." This agent economy encompasses three participants: users who use agents, businesses that sell to agents, and developers who build tools for agents. Specific products include: • Coinbase for Agents: AI agents can access the platform via Claude or ChatGPT, and after setting guardrails, autonomously conduct research, decision-making, and trading on assets such as cryptocurrencies, stocks, and derivatives; • Coinbase Advisor: An AI investment advisor built into the App, it is one of the first AI advisors globally registered with the SEC, offering services such as real-time portfolio analysis and automatic tax-loss harvesting, launched for Coinbase One members; • Coinbase Business: Supports receiving USDC and USDT payments from AI agents via the native x402 protocol, featuring no chargeback risk, idle USDC earning 3.35% yield, and supporting one-stop management, reconciliation, and withdrawal.
Odaily News The Office of the Comptroller of the Currency (OCC) on Friday granted initial conditional approval to World Liberty Trust Company, National Association, bringing Trump-backed World Liberty Financial one step closer to obtaining a national trust bank charter.In its letter, the OCC stated that World Liberty's charter application met certain regulatory and policy requirements, leading to the initial conditional approval. However, this does not constitute final approval, and the OCC may still rescind the approval.Earlier this year, World Liberty Financial established a new trust company with the aim of applying for a bank charter from the OCC. The company has previously stated that the charter would support its provision of services including stablecoin issuance and redemption, fiat on/off ramps, custody, and exchange. WLF currently issues the stablecoin USD1, which has a market cap of approximately $4 billion, making it the fourth-largest stablecoin after Tether and USDC.WLF CEO Zack Witkoff said on X on Friday that the company aims to build "the world's most trusted and widely used digital dollar" while strengthening the dollar's role in the global economy. Zack Witkoff is the son of Trump's Middle East envoy Steve Witkoff. Overall, this approval could further strengthen WLF's position in the U.S. stablecoin and digital asset banking infrastructure, though its political ties may continue to raise regulatory and ethical concerns.
Odaily News: Coinbase has announced that it will stop supporting USDC deposits and withdrawals on the Noble network as of August 17. USDC deposits and withdrawals on other supported networks, including Ethereum, Base, Solana, Arbitrum, Optimism, and Polygon, remain unaffected. Coinbase reminds users not to transfer funds to its Noble network USDC deposit address after August 17, as such funds may be irretrievable.
cirBTC was officially launched on Ethereum on June 8. Data from its Ethereum contract shows a maximum total supply of approximately 40.02 tokens, with 11 holder addresses in total. Eligible institutional participants can mint and redeem cirBTC through Circle Mint. Currently, Ethereum is the only network where it has been launched, with future support planned for Circle's own blockchain Arc and additional networks. cirBTC is issued by Circle International Bermuda Limited, with the underlying Bitcoin held in custody by Circle National Trust and segregated from Circle's own assets. Reserve data from August 11 shows that cirBTC supply stands at 40.02159077 tokens, with 42.5070808 BTC held in reserves. Circle has publicly disclosed the reserve addresses and balances, and employs Chainlink's Proof of Reserve mechanism to publish verified reserve data on-chain. By comparison, WBTC has a circulating supply of approximately 116,100 tokens with a market cap of about $7.362 billion, while cbBTC has a circulating supply of approximately 97,200 tokens with a market cap of about $6.162 billion. cirBTC has not yet established a trackable market price or market capitalization.
Decentralized stablecoin USDD announced that it will add exclusive TRX rewards to Pendle's sUSDD market, while simultaneously increasing base USDD rewards. The total rewards for this campaign amount to 21,000 USDD and 12,000 TRX, plus PENDLE tokens valued at approximately 30% of the combined value of the aforementioned USDD and TRX. The event runs from 8:00 on August 13 to 8:00 on August 20 (Singapore Time). According to the official announcement, Pendle has integrated PT-sUSDD into the PT Looping module, allowing users to further connect to Morpho's USDC and USDT markets to expand yield potential. Meanwhile, preparations are underway with Pendle for the renewal of the sUSDD market, with specific arrangements to be announced separately.
It is reported that Bybit has recently launched a USDC ecosystem incentive campaign with a total prize pool of 100,000 USDC. During the event period from today until August 22, users can participate in the reward distribution by trading designated USDC trading pairs. This campaign will further enrich USDC trading scenarios and enhance the market liquidity and user participation of relevant trading pairs.
Odaily Odaily News: Bitget's staked borrowing section has added support for 25 stock tokens (rToken) as collateral assets, bringing the total supported to 128. The newly added assets include popular US stocks and ETFs such as rIVV, rKLAC, and rSMCI, covering diverse sectors such as technology, consumer, and finance. Users holding relevant stock tokens can now use them as collateral to borrow mainstream assets like USDT and USDC, as well as 100+ crypto assets, unlocking capital liquidity without selling their holdings. For specific collateral parameters, please refer to Bitget's official platform.It is reported that rTokens, identified by the letter r plus the stock ticker (e.g., rNVDA for Nvidia), are issued by Reality, a licensed RWA protocol under Bitget. Through a partnership with compliant broker Alpaca, they connect directly to global liquidity pools such as Nasdaq and the New York Stock Exchange. Their features include: a 1:1 reserve of underlying assets held by licensed custodians, stock dividends distributed 1:1 in token form, support for synchronized mapping of corporate actions (such as stock splits), and the ability to use holdings as joint margin for unified accounts and USDT-margined contracts—allowing users to flexibly manage funds while holding global stock assets.
Odaily News: Coinbase has announced an upgrade to its enterprise-level payment product, Coinbase Business, introducing a series of new features, including support for automatic payments via AI Agents, integration of USDT payments, reusable payment links, flexible pricing, product catalog management, and buyer information collection. These enhancements aim to make it easier for businesses to accept cryptocurrency payments. The most significant change in this upgrade is the support for AI Agent payments. Coinbase Business is now compatible with the open machine-to-machine payment standard x402, allowing businesses using the existing Checkout payment flow to directly accept transactions initiated by AI Agents. Funds are settled instantly to business accounts in USDC, which can be used to earn yields or withdrawn at any time. Other new features include:1. Reusable payment links: Businesses can create a single payment link for repeated use, with options to set payment limits, pause, or disable the link;2. Flexible pricing mechanisms: Support for setting minimum prices, maximum prices, or open-ended payments, suitable for scenarios such as donations, tips, and usage-based billing;3. Product catalog functionality: Businesses only need to enter product information once, and it can be reused across multiple payment scenarios, including payment links, Checkout, and invoices;4. Buyer information collection: During the payment process, information such as name, email, and shipping address can be collected simultaneously, reducing manual order processing workflows.
Odaily News: Cross-border payment company MoneyGram has announced the expansion of its cash-to-crypto exchange service, MoneyGram Ramps, to Solana, allowing wallets, exchanges, and developers within the Solana ecosystem to access its global cash network. The service supports two-way exchange between cash and digital assets, with cash deposits available in over 25 countries and cash withdrawals covering more than 170 countries and regions. MoneyGram had previously launched a USDC-based cash on/off-ramp service with Stellar and issued the U.S. dollar-backed stablecoin MGUSD, continuing to expand its stablecoin payment and remittance business. (CoinDesk)
Odaily News: U.S. banking giant Wells Fargo plans to launch tokenized deposits for select corporate and commercial clients in fall 2026, initially supporting USD and GBP transactions, with plans to expand to more clients and currencies in 2027. Tokenized deposits remain bank liabilities but can enable continuous transfers, programmable payments, faster settlement, and transaction visibility via blockchain. Wells Fargo is not the only bank pursuing this initiative. JPMorgan has already expanded its blockchain-based payment services for institutional clients, and other major financial institutions are developing similar products and shared networks. Meanwhile, the circulation and transaction volume of stablecoins such as USDC continue to grow, and they are already used for settlement across crypto markets, payment networks, and tokenized finance platforms. Tokenized deposits allow funds to remain within the regulated banking system while supporting time-based transfers and condition-triggered payments. Stablecoins, on the other hand, already cover trading, remittance, cross-border payments, decentralized finance, and tokenized asset settlement. Enterprise adoption of both product types will also be influenced by accounting treatment, regulatory rules, and cross-network interoperability.
Odaily News: Stablecoin issuer Circle Internet Group has announced that it has renewed its USDC cooperation agreement with cryptocurrency exchange Coinbase under existing terms, and USDC will continue to be integrated across Coinbase's various products. The company did not disclose the specific economic terms of the renewed agreement. Circle's total revenue and reserve income for the second quarter reached $701 million, up 7% year-over-year; USDC circulation stood at $73.3 billion at the end of the quarter. Currently, Circle has signed distribution agreements with over 150 partners, providing economic incentives for the adoption and promotion of USDC. Circle CFO Jeremy Fox-Geen stated that the company has no plans to introduce quarterly dividends for now, and will prioritize investing capital into business growth while maintaining balance sheet flexibility to support investment and strategic opportunities across different market cycles. (news.bitcoin)
Circle launches native USDC stablecoin and cross-chain transfer protocol CCTP on OKX's Ethereum Layer 2 network X Layer, supporting cross-chain transfers and DeFi applications.