Coinbase Launches USDC On-Chain Lending Service

The post The GENIUS Act Is Already Law. Banks Shouldn’t Try to Rewrite It Now appeared on BitcoinEthereumNews.com. Healthy competition drives innovation and better products for consumers; it is at the center of American economic leadership. Unfortunately, now that the bipartisan GENIUS Act has been signed into law, major legacy financial institutions seem to be having second thoughts about the innovations that stablecoins can bring to financial markets. Bank lobbying groups and public affairs teams have been peppering Congress with complaints about the law, urging members to reopen debate and introduce changes to the legislation that will ensure the stablecoin market doesn’t grow too quickly, protecting banks’ profits and stifling consumer choice. This reactionary response is both overblown and unnecessary. What legacy financial firms should do instead is embrace competition and offer exciting new products and services that consumers want, not try to kneecap emerging players through anti-innovation rules and regulations. The GENIUS Act was carefully designed with a thorough bipartisan process to strengthen consumer safeguards, ensure regulatory oversight, and preserve financial stability. Efforts to roll back its provisions are less about protecting families and more about protecting entrenched banking interests from the competition that helps ensure the U.S. banking system stays the strongest and most innovative in the world. Critics warn that allowing stablecoins to provide rewards could lead to massive deposit outflows from community banks, with figures as high as $6.6 trillion cited. But closer examination shows this fear is unfounded. A July 2025 analysis by consulting firm Charles River Associates found no statistically significant relationship between stablecoin adoption and community bank deposit outflows. In fact, the overwhelming majority of stablecoin reserves remain in the traditional financial system — either in commercial bank accounts or in short-term Treasuries — where they continue to support liquidity and credit in the broader U.S. economy. The dire estimates rely on unrealistic assumptions that every dollar of stablecoin issuance permanently…

The post Next Big Crypto: This $0.035 Token Could Be the Cryptocurrency That Outshines Ethereum (ETH) This Bull Run  appeared on BitcoinEthereumNews.com. Ethereum continues to make headlines, but market action reveals that the network is just fighting to hold critical levels following a strong dip, hence caution among traders. Accordingly, even as Ethereum continues to rank among the top assets, smart investors are increasingly focusing their attention on early-stage cryptocurrencies with greater potential, and Mutuum Finance, an asset trading under the symbol MUTM, is quickly gaining traction as a next big crypto and the top crypto to buy before the market recognizes its significance. Currently at a low price point of just $0.035, MUTM is in presale phase 6, well over 90% sold, garnering over $18.8 million so far. Ethereum (ETH) Faces Key Resistance, Traders Remain Cautious The Ethereum network (ETH) recently tested its former support level at approximately $3,675, but this was rejected, and we’re now seeing prices drop below the Daily 200 EMA once again, which is a sign that investors are still cautious at this stage. Although the 200MA may provide a degree of support in the near-term, ETH will have to break out past the $3,700 mark if market sentiment is to return to a positive trajectory. Until this breakout is achieved, market participants are cautious about potential downward pressure. As a result of the technical hindrances presented by ETH, market interest is now focusing increasingly on Mutuum Finance (MUTM), considered the next big crypto and a top crypto to buy. Mutuum Finance Presale Soars Ahead Mutuum Finance is rapidly making a name among the most eagerly awaited DeFi crypto launches of 2025. Currently, the presale stage has already seen over 17,980 participants, raising over $18.8 million, with Phase 6 well over 90% complete, and MUTM tokens valued at $0.035, an appreciable hike compared to the initial Phase 1 price of $0.01. The presale is now moving into…

Written by: 1912212.eth, Foresight News On November 13th, Aztec, a zero-knowledge privacy technology project, announced the launch of its AZTEC token sale. The sale will offer 1.547 billion tokens, representing 14.95% of the total supply, with payment made in ETH. Regarding the sale mechanism, the project stated that it will prioritize real-time price discovery and fair participation opportunities. The starting price is set at $350 million FDV, approximately 75% lower than the implied network valuation based on the latest equity financing. Participants can mint soul-bound NFTs to confirm their participation. Registration and bidding for early participants will begin today (November 13th) at 3 PM (CET). Early participants will have a one-day exclusive early access period before the auction opens to the public. On December 1st, AZTEC will distribute the tokens to contributors and genesis bidders, and on December 2nd, all NFT holders can participate in the auction. The public auction will be held from December 2 to December 6, 2025, during which time the tokens can be withdrawn and staked. There was no airdrop or special allocation mechanism in this sale. Over 300,000 addresses were whitelisted and will be eligible to bid on the first day. The sale is open to users worldwide, including U.S. citizens. Contributor Qualification Certification Rules Participated in one or more of the following: Aztec Testnet Sequencer and Proofer ETH exclusive stakers include selected StakeCat ETH operators, Obol Silver, Rocketpool, LidoCSM, and Stakers Union. zk.money user Active community members Uniswap traders (3000 traders randomly selected from those active in the past 30 days). Nansen's Ice, North, and Star levels. In addition, the Genesis Sequencing Nodes are also included, and the top 200 high-quality node operators who have performed well on the Aztec testnet are also eligible to participate. Auction Method: Continuous Liquidation Auction Agreement Uniswap has announced the launch of the Continuous Clearing Auction Protocol (CCA), a customizable protocol for launching liquidity and issuing tokens on Uniswap v4. The protocol was designed in partnership with Aztec, who provided a ZK Passport module for private and verifiable participation. The team commits a portion of the token supply to a public auction, setting a duration and a reserve price. Price discovery bidders place orders, which are then split within the auction block, with each split order liquidated at the predetermined market price. When the long-term liquidity auction ends, tokens will be distributed and a Uniswap V4 liquidity pool will be created at the discovered price. Token Economics The Aztec white paper shows that the total supply of AZTEC Genesis tokens is 10,350,000,000, allocated as follows: 27.26% to investors and early backers, 21.06% to the core team, 11.71% to the Foundation, 10.73% to ecosystem grants, 14.95% to the Phase 2 public auction, 1.93% to the Phase 1 Genesis Sequential Sale, 2.44% to the Bilateral Sale, 2.64% to the Uniswap V4 liquidity pool, 4.89% to future incentives, and 2.41% to Y1 Network Rewards. The token sale represents 21.96% of the total, corresponding to 2,272,500,000 tokens. These tokens will be owned by token holders and the foundation at launch. Token features include Sequencer Staking: Tokens will be used to secure the network through staking by Aztec validators (the "Sequencers"), who are responsible for generating blocks on the Aztec network. Token holders who do not operate the Sequencers can choose to delegate their tokens to them. Governance: Token holders can participate in the governance of the Aztec network (“Aztec Governance”). Execution Environment: If the network is upgraded through Aztec governance in the future to support a smart contract execution environment, the tokens will be used to pay transaction fees on the Aztec network. 12 months after the token sale begins (November 13, 2025) Aztec governance allows for adjustments to the total token supply, including annual issuance at a capped percentage. If the execution environment is enabled, transaction fees may be regulated through a self-regulating mechanism similar to Ethereum EIP-1559. Following the token sale, the Uniswap v4 liquidity pool may provide secondary market liquidity, with the foundation planning to inject 273 million tokens into the pool. The token sale contract will automatically inject tokens into the liquidity pool in proportion to the ETH paid by the buyers. The liquidity pool will be governed and controlled by Aztec and will be locked in an immutable smart contract for at least 90 days after launch, after which the lock can be released through governance voting. Furthermore, the tokens may be listed and traded on other decentralized trading protocols or centralized exchanges. 7 years of waiting Aztec completed a $2.1 million seed round of funding at the end of 2018, followed by a new round of funding in September 2019. Then, in January 2020, Aztec Network launched its mainnet. Riding the wave of zero-knowledge mining and Level 2 computing, in December 2021, it completed a $17 million Series A funding round, led by Paradigm, with participation from prominent figures and institutions such as Vitalik Buterin. This was followed by a $100 million Series B funding round in December 2022, led by a16z. However, the impressive lineup of venture capital firms did not translate into growth for the deal. In March 2023, Aztec Network announced the phase-out of its DeFi privacy bridge project, Aztec Connect. This included disabling deposits from zk.money and other front-ends (such as zkpay.finance) into the Aztec Connect contract, and a complete abandonment of the Aztec Connect contract after one year, with all rollup functionality ceasing. Its representative responded that the decision was primarily driven by business considerations. In May 2025, it launched its public testnet, which once attracted many airdrop users. However, the newly released token economics shows that Aztec did not receive any airdrop shares. BTC has fallen below $100,000, and the market is showing signs of turning bearish. It remains to be seen how many players will actually pay the price. The real test for Aztec may have just begun.