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Chainlink integrates with Coinbase tokenized assets platform

Chainlink will enable verifiable data transmission and crosschain interoperability for Coinbase’s Project Diamond.

Blockchain oracle network Chainlink has integrated with Coinbase’s Project Diamond, Coinbase’s digital asset platform for global institutions. The integration will provide data and enable full lifecycle management of new tokenized assets on the platform.

Project Diamond is regulated by the Financial Services Regulatory Authority of the Abu Dhabi Global Market (ADGM) and is a resident of the ADGM RegLab sandbox. It has the trade name Onchain Marketplace. That implementation will be upgraded in the integration.

Peregrine, the PSG Digital business regulated by the ADGM, will be the flagship user of the integrated platform.

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The Big Role Ethena’s USDE Could Play in Hyperliquid’s Upcoming Mainnet

The Big Role Ethena’s USDE Could Play in Hyperliquid’s Upcoming MainnetEthena has proposed integrating its liquidity and hedging engine into Hyperliquid, a layer one (L1) blockchain set to launch its EVM mainnet. The proposal includes adding USDE, Ethena’s stablecoin, within the Hyperliquid ecosystem upon mainnet launch. Ethena Eyes Hyperliquid’s Rapid Growth for Next Phase of USDE Expansion The proposal outlines a cautious approach to integrating […]

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Chainlink Integrates Data Streams and VRF on Base Blockchain

Chainlink Integrates Data Streams and VRF on Base BlockchainChainlink has expanded its offerings on the Base blockchain by launching its Data Streams and Verifiable Random Function (VRF) services. This development ensures that the full suite of Chainlink products is now accessible to developers using Base, a layer-two (L2) blockchain built on Ethereum. Chainlink Expands Services on Base Blockchain The recent integration of Chainlink’s […]

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Web3 Name Service Firm Unstoppable Domains Secures ICANN Accreditation

Web3 Name Service Firm Unstoppable Domains Secures ICANN AccreditationUnstoppable Domains has achieved accreditation from the Internet Corporation for Assigned Names and Numbers (ICANN), marking its entry as a significant onchain player in the broader domain industry. The accreditation positions the company as the largest ICANN-accredited registrar in the Web3 sector. ICANN Accredits Unstoppable Domains as Largest Web3 Registrar Unstoppable Domains, known for its […]

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Ethena Labs Expands USDE to Solana, Reveals Gradual SOL Integration

Ethena Labs Expands USDE to Solana, Reveals Gradual SOL IntegrationOn Wednesday, Ethena Labs, the team responsible for the yield-bearing stablecoin project USDE, revealed its expansion to the Solana blockchain. This move brings USDE to the distributed ledger, with SOL now also being used as part of the stablecoin’s reserve backing. USDE Stablecoin Project Extends to Solana, Includes SOL Backing Despite witnessing redemptions totaling around […]

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Tether, TON team up with mobile app for USDT-to-fiat transactions

The Open Network users will be able to use Oobit’s Tap & Pay technology to pay merchants in fiat while spending USDT.

Transactions with Tether’s USDT and XAUt on The Open Network (TON) will be streamlined thanks to the incorporation of the Oobit mobile payment app, giving merchants a more convenient user experience.

Tether (USDT) and Tether Gold (XAUt) launched on TON in April. XAUt is pegged to the price of one fine troy ounce of gold. More than $200 million in USDT has been issued on TON, and users can send USDT in Telegram messages. Telegram has over 900 million users worldwide. TON also issues its own native Toncoin (TON) on the TON network.

In addition to TON, USDT is issued on 14 other blockchains, including Tron and Ethereum. It also joined the Celo network in March.

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