R25, a protocol incubated by Ant Financial, has launched rcUSD+, a dollar-pegged stablecoin that generates yield from money market funds and structured notes. The platform chose Polygon as its first blockchain integration, targeting DeFi protocols with institutional-grade tokenized assets.

Ethereum co-founder Vitalik Buterin stated that decentralized finance on the network has achieved security and usability comparable to traditional banking. Speaking at a Dromos Labs event on Wednesday, he projected increasing global adoption of DeFi as primary financial accounts. The ecosystem handles over $1.9 trillion quarterly with 312 million active users as of mid-2025, data show.

Crypto exchange OKX has enabled decentralized exchange trading within its self-custody wallet application, giving users access to DEXs on Base, Solana, and X Layer networks. The feature routes orders across more than 100 liquidity pools and is available globally, including in the United States.

JPMorgan has launched JPMD, a deposit token backed by FDIC-insured balances, on Coinbase's Ethereum layer-2 network Base. Pilot transactions with B2C2, Coinbase, and Mastercard are now operational. The token enables JPMorgan clients to settle wholesale dollar transfers instantly at any hour, removing dependencies on traditional Fedwire banking schedules.

Yield-generating cryptocurrency assets represent only 8% to 11% of the $3.55 trillion total crypto market capitalization, compared to 55% to 65% in traditional finance, according to RedStone. The oracle provider estimates $300 billion to $400 billion in yield-bearing positions across staking, DeFi lending, and tokenized Treasuries. RedStone attributes the gap primarily to insufficient risk transparency rather than lack of product availability.

The US Department of Justice, FBI, and Secret Service formed the Scam Center Strike Force on November 12, 2025, to target cryptocurrency fraud operations linked to Chinese transnational crime groups. The initiative addresses investment scams that defraud Americans of billions annually through fake crypto platforms, according to US Attorney Jeanine Ferris Pirro. Federal authorities have seized over $401 million in cryptocurrency assets to date.

Decentralized prediction platform Polymarket has opened a beta version to select U.S. users, marking its first domestic operation since a 2022 regulatory settlement. The relaunch follows the company's acquisition of licensed derivatives exchange QCX in July 2025 and new partnerships with PrizePicks and Yahoo Finance.

Polymarket has resumed operations in the United States through a beta trading platform, founder Shayne Coplan disclosed. The move follows the platform's 2022 settlement with the CFTC and its July 2025 acquisition of licensed derivatives exchange QCX.