Stablecoins

Traders are mapping downside to a $72.2K–$72.4K Binance perps open-interest pocket as equities extend record highs.

Arkham-traced Dolomite collateral and a proposed 16B+ token unlock add liquidity and dilution overhang to the chart.

Apple removed the App Store listing after it was flagged, but losses spanned BTC, stables, and multiple chains.

The March 26 draft drops a noted $200 stablecoin threshold and adds a 99%-of-redemption gain/loss test.

Derivatives and stablecoin pricing stayed risk-off, with futures premium near 2% and USD stablecoins at a 0.4% discount.

The dispute hit as WLFI printed a $0.07 all-time low after WLFI-linked wallets borrowed stablecoins against WLFI collateral on Dolomite.

A TVL slide toward ~$100B alongside $300B+ stablecoin supply points to rotation, not a full exit from on-chain credit.

Luke Sully says USDT is increasingly used to settle cross-border trade as banks retreat from payment rails.

Bank resistance to stablecoin yield is the main blocker as an as-early-as-April-20 vote window stays fluid.

Arkham-linked wallets sent $40M+ to Coinbase Prime after posting WLFI on Dolomite, reviving liquidation-risk fears.

Senate Banking leaders are targeting a committee vote by month-end as banks and crypto firms clash over third-party rewards.

He argues AI agents will be heavy crypto users and warns countries that ignore AI and blockchain will fall behind.