3-29
Hut 8 details modular “LEGO-style” data centers for AI workloads and Bitcoin mining
Hut 8 said it is expanding modular data centers designed to shift computing capacity between AI workloads and bitcoin mining, with facilities built from interchangeable components. The company pointed to its Vega site in Texas—initially developed for mining and later adapted for AI-related work—as an early example of the approach. It also cited a development pipeline totaling about 10 gigawatts of capacity as it prioritizes demand, financing, and power access before construction.
BTC
BTC-0.52%
3-29
3-26
Franklin Templeton and Ondo to issue five tokenized ETFs for 24/7 onchain trading
Franklin Templeton has teamed up with Ondo Finance to roll out tokenized versions of five ETFs tied to equities, bonds and gold, with onchain trading designed to run 24/7. The products are intended for investors using digital wallets, with Ondo market makers supporting liquidity even when traditional exchanges are closed. The companies said the launch is planned outside the U.S., targeting Europe, Asia-Pacific, the Middle East and Latin America.
ONDO
ONDO-4.99%
3-26
3-23
US senators and White House reach stablecoin yield compromise ahead of April vote
US lawmakers and White House officials agreed in principle on Friday to settle rules for yield on stablecoins, aiming to unblock broader crypto legislation in the Senate Banking Committee. The framework would still prohibit issuers from paying interest directly, while allowing platforms to offer regulated rewards tied to reserve-backed instruments, with caps linked to Treasury rates under discussion. The compromise is expected to be put into formal text before an April committee vote.
TUSD
TUSD-0.01%
3-23
3-22
PayPal to roll out PYUSD stablecoin across 70 markets, targeting faster settlement
PayPal said Tuesday it will expand its dollar-backed stablecoin, PayPal USD (PYUSD), to 70 global markets to enable cross-border buying, holding and transfers with faster settlement and lower costs. The rollout spans Asia-Pacific, Europe and Latin America, including the United Kingdom, Singapore and the United States, and PayPal said PYUSD has surpassed $4 billion in circulation.
PYUSD
PYUSD+0.00%
3-22
3-21
Five US Regional Banks Launch Insured Tokenized Deposits via Cari Network on ZKsync
Five US regional banks, including Huntington Bancshares and KeyCorp, launched the Cari Network to support near-instant settlement for tokenized bank deposits while keeping federal insurance protections. Built on Matter Labs' technology using ZKsync, the system positions bank-issued deposit tokens as a regulated alternative to stablecoins. The initial rollout is expected to focus on institutional payments and corporate treasury use, with broader interoperability planned in phases.
3-21