KoinlyticsUSDC news
Revolut Freezes USDT Deposits in Europe With 30 Days Left on the MiCA Clock
Revolut stopped accepting USDT deposits on July 30 for its more than 75 million users, leaving 30 days until the August 31 full delisting under MiCA.
Shopify Payments Switches On USDC Checkout on Arbitrum for 480 Wallets
Shopify Payments now accepts USDC on Arbitrum with no buyer gas fees, extending stablecoin checkout to a fifth network and roughly 480 supported wallets.
South Korea's Biggest Bank Puts Corporate Dollar Payments on JPMorgan's Kinexys
KB Kookmin Bank, South Korea's largest lender, will use JPMorgan's Kinexys blockchain to move US dollar corporate payments across 10 country corridors starting in August 2026.
Fidelity Puts Its Digital Dollar on Ethereum, Issued Through an OCC Trust Bank
Fidelity confirmed on July 25 that FIDD, its dollar-backed stablecoin, will launch on Ethereum via Fidelity Digital Assets, an OCC-chartered national trust bank, redeemable 1:1 and backed by cash and short-term Treasuries under the GENIUS Act framework.
Attacker Prints 5.23M WEMIX$ From Thin Air, Forces a Full Network Halt
At 09:17 UTC on July 26, an attacker with admin rights over the WEMIX$ stablecoin contract minted 5,225,525 tokens (about $5.22M) and laundered roughly $724,198 in USDC.e across Ethereum and BNB Chain, prompting WEMIX to freeze bridges, DEX and marketplace trading.
Four DeFi breaches in one week, four different layers, one uncomfortable pattern
AFX bridge lost $24.15M to oracle abuse. Zilliqa's Ledger app leaked nonces. SecondFi's Cardano wallet exposed signing keys, draining $2.4M. Lien Finance's permissionless bond registration burned $542K. Four incidents, four layers, one blind spot in standard audits.
OCC Slams 30-Day Window on Stablecoin AML Rule, Bank Lobby Cries Foul
The OCC's GENIUS Act BSA/sanctions proposal closed July 24 after just 30 days. It treats permitted stablecoin issuers as banks under BSA, forcing Circle and future PPSIs to build full compliance stacks before charter approval.
LayerZero and Keeta to mint 9 bank-backed stablecoins across Ethereum, Solana, Base
LayerZero and Keeta plan nine fiat tokens backed by commercial bank deposits via Bivo. USD, EUR, JPY, CNY, GBP, CAD, MXN, AED, HKD move cross-chain through OFT burn-and-mint, with banks keeping freeze and pause control.
Lien Finance Let Anyone Register A Bond Group. One Malicious Payoff Drained $542K
Lien Finance lost 542,144 USDC on July 24 after an attacker registered a bond group with a rigged payoff. The pricing helper overvalued the crafted bonds and let the attacker mint and swap them for real USDC. No governance check gated the registration path.
Samsung Just Put Circle USDC Inside Samsung Wallet On 1.2 Billion Galaxy Devices, And Shipped A Barclays Visa Credit Card At The Same Event
At Galaxy Unpacked 2026, Samsung wired a native Stablecoin account with Circle USDC into Samsung Wallet and launched the Barclays-issued Galaxy Card on Visa. One event, two payment rails, one billion-device distribution channel.
3 Bridges Lost $35M Yesterday Without A Single Solidity Bug. The 2026 DeFi Threat Model Stopped Fitting The Audit Report Months Ago
In May 2026, compromised keys overtook smart contract exploits as the leading DeFi attack vector by incident count. The July 22-23 bridge losses of $35.55M confirm it. What audits certify is no longer what protects LP capital, and $840M is already gone this year.
Ostium's Oracle Signer Key Signed A Future-Dated Report, Looped It 20 Times, Drained $24M From The OLP Vault
An attacker with Ostium's oracle signer key submitted a future-dated price report through the PriceUpKeep Forwarder, looped ~20 delegated trades, and drained roughly $24M from the OLP vault. TVL fell from $32.7M to $9M. The smart contracts did exactly what they were told.
Verus Redeposited $11.56M Into The Bridge That Just Got Drained. Two Weeks Later An Attacker Emptied It Again For $7.54M
Verus refunded its bridge on July 8 after the May exploit. Fourteen days later a different attacker drained $7.54M through the same forged import path bug class. Blockaid flagged the entry vector as identical. Post-incident review missed the class.
AFX Trade Called Its Bridge A Multi-Sig. Five Hot Keys Signed $24.15M Of USDC Out In One Transaction
AFX Trade lost $24.15M USDC after five hot validator keys cleared the bridge's 2/3 quorum and authorized a single transfer. Funds were bridged to Ethereum and swapped for roughly 12,467 ETH. Arbitrum's native bridge was untouched.
Why $110M In A Morpho Vault Is Earning Yield From Businesses You've Never Heard Of
Sentora's PRIME vault on Morpho crossed $110M in PYUSD deposits by routing capital into real-world credit markets, not leveraged crypto borrowers. The yield is uncorrelated with crypto volatility, which is why treasury desks are showing up.
Peirce Just Drew A Line That Puts $8B Of DeFi Vaults On The Wrong Side
SEC Commissioner Hester Peirce said on July 22 that many DeFi vaults may qualify as securities depending on curator discretion, putting Coinbase and Robinhood yield products directly in the regulatory blast radius.
Allbridge's Own 2023 Fix Would Have Blocked This Attack, But Solana's Pool Was Misconfigured
Allbridge paused Core after an attacker drained roughly $1.65M from Solana stablecoin pools using a Kamino flash loan. A post-2023 safeguard should have stopped the exact attack, but the Solana pool held both USDC and USDT.
Circle Gets OCC Trust Charter as USDC Hits 70 Percent of Stablecoin Volume
Circle received its OCC national trust bank charter on July 10, and USDC now runs 70 percent of adjusted stablecoin transaction volume, widening its lead over USDT for the first time in years.
500M USDC Minted On Solana Pushes Stablecoin Supply Past 8B
Circle minted 500 million USDC on Solana on July 14 in two 250 million tranches, pushing native USDC supply above 8 billion and reinforcing Solana's spot as the second-largest USDC chain.
Aave Stable Vaults Push 20B Stablecoin Yield Engine Into Fintech Apps
Aave Labs launched Stable Vaults on July 9, letting fintechs, wallets and exchanges embed predictable USDC, USDT and GHO yield through a single Chainlink CCIP integration.
Solana's alt-stablecoin supply hit $3.8 billion. That is 15x January 2025. Here is where the LP alpha is.
Non-USDC and non-USDT stablecoins on Solana have grown from around $250 million in January 2025 to $3.8 billion in July 2026. The growth is not evenly distributed and neither is the LP yield. Here is which pools are earning and which are drying up.
GENIUS Act final rules hit today. What every stablecoin holder needs to check before Monday.
Six US federal agencies had until July 18 to publish final GENIUS Act stablecoin rules. The framework separates payment stablecoins from yield stablecoins, forces monthly attestations, and reshapes what a US holder can safely custody. Here is the practical portfolio checklist.
$1.6 billion in DeFi liquidity is idle. This is why your LP APR is a lie.
Dune research published on July 18 found that $1.6 billion in DeFi liquidity earned nothing in H1 2026. Around $542 million per week sat outside active price ranges. Here is why the APR you see quoted is not the APR you earn, and how to measure the difference.
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