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8 May 2026, 04:35

Movement Invests in Stableyard to Bridge Stablecoin Payments to Real-World Commerce

BitcoinWorld Movement Invests in Stableyard to Bridge Stablecoin Payments to Real-World Commerce Movement (MOVE), the blockchain network focused on secure and scalable decentralized applications, has announced a strategic investment in Stableyard, a company building full-stack payment infrastructure for stablecoins. The financial terms of the investment were not disclosed. Strategic Rationale Behind the Investment Stableyard is developing a comprehensive commerce infrastructure designed to integrate the entire stablecoin payment process, from transaction initiation to settlement. The investment from Movement is aimed at accelerating this development, with the goal of moving stablecoin payments beyond basic infrastructure layers and into frameworks suitable for real-world commercial applications. This move signals Movement’s broader ambition to position its blockchain as a foundational layer for mainstream financial transactions, particularly those involving stablecoins. By backing Stableyard, Movement is betting on the thesis that stablecoins will play a central role in the future of payments, but only if the underlying infrastructure can support the complexity and scale of everyday commerce. What This Means for the Stablecoin Ecosystem The investment comes at a time when stablecoins are seeing increased adoption for cross-border payments, remittances, and decentralized finance (DeFi) applications. However, integrating these digital dollars into traditional point-of-sale systems and e-commerce platforms remains a significant hurdle. Stableyard’s full-stack approach aims to solve this by providing a seamless bridge between digital assets and existing merchant infrastructure. For Movement, this investment is not just about financial return. It represents a strategic alignment with a company that could drive real-world utility for its blockchain. If Stableyard succeeds in building a widely adopted payment rail, it could drive transaction volume and network activity on Movement, strengthening its position in the competitive Layer-1 landscape. Implications for Merchants and Consumers For merchants, the promise of stablecoin payments includes lower transaction fees, faster settlement times, and access to a global customer base without the volatility of traditional cryptocurrencies. For consumers, it could mean more options for spending digital assets in everyday settings, from online shopping to in-store purchases. However, widespread adoption will depend on regulatory clarity, user experience, and the ability of infrastructure providers like Stableyard to integrate with existing financial systems. Conclusion Movement’s strategic investment in Stableyard underscores a growing recognition that the next phase of stablecoin adoption requires robust, real-world payment infrastructure. While the specific investment amount remains undisclosed, the partnership signals a shared vision of making stablecoins a practical tool for commerce, not just a speculative asset. The success of this venture will likely depend on execution, regulatory developments, and the broader market’s readiness to embrace digital currency payments at scale. FAQs Q1: What is Stableyard? Stableyard is a company building full-stack payment infrastructure designed to integrate stablecoin payments into real-world commerce, handling everything from transaction initiation to settlement. Q2: Why did Movement invest in Stableyard? Movement aims to expand the use of stablecoins beyond basic infrastructure into practical, real-world commercial applications. The investment supports the development of a seamless payment framework that could drive adoption of its blockchain network. Q3: How much did Movement invest? The specific size of the investment was not disclosed by either party at the time of the announcement. This post Movement Invests in Stableyard to Bridge Stablecoin Payments to Real-World Commerce first appeared on BitcoinWorld .

8 May 2026, 04:18

Arkham Brings On-Chain Intelligence to Prediction Markets With New Analytics Suite

Data from Artemis shows that prediction markets notched up over $74 billion in volume in Q1 this year, an increase of around 76% from the previous quarter and the strongest one by a long shot. The numbers show that adoption has shot through the roof but until now, there hasn’t been a solid intelligence layer in this space. Arkham has just changed that. ANNOUNCING: PREDICTION MARKETS ON ARKHAM pic.twitter.com/HwEcM89hvO — Arkham (@arkham) May 7, 2026 The blockchain intelligence firm announced via an X post that they were rolling out a complete analytics suite for prediction markets, pulling from the same deanonymization engine it built to track crypto whales. This massive catalogue includes 3.5 billion address labels and 800,000 verified entities built up since 2022. The suite gives users the ability to track top traders by PNL, monitor any open positions, examine and analyze win rates and look out for any real-time activity in the space. What the Suite Actually Does In essence, Arkham has built a PNL-ranked leaderboard of traders in prediction markets that lets users look into any individual’s full trading history. This includes every open and closed trade, alongside lifetime PNL, ROI, win rate and a performance graph over time. The platform also runs a live tape of trades across the entire prediction market space, filtered by category so users can see who is buying what in real-time. Arkham’s X post highlighted this in practice with an example. A trader by the name of Theo4 shows a $22 million lifetime PNL and an 88.9% win rate. The majority of this came from a single trade which was a $14.4 million win on correctly predicting Trump would win the popular vote in 2024. The fact is this level of detail was previously scattered across Polymarket profiles and third-party dashboards. Arkham now consolidates it, then layers on its existing entity identification to connect those wallets to known actors across the broader crypto space. The Bloomberg Terminal Pitch Gets More Real Arkham has been called the Bloomberg Terminal of crypto for years. The prediction markets expansion makes that comparison feel less aspirational and more functional. The platform already tracks whale movements, exchange flows and government wallet activity. Adding prediction markets means users can now see whether the same wallet that just moved $50 million in Bitcoin is also sitting on a large position in an oil price contract on Polymarket. That cross-referencing is the real edge. Other prediction market analytics tools exist. Polymarket Analytics and Dune dashboards both surface trade data. But none of them sit on top of an identity layer that maps wallets to real-world entities at the scale Arkham does. The suite effectively does to prediction market participants what Arkham already did to DeFi whales: strips away pseudonymity and replaces it with a transparent track record. For a sector that just saw Kalshi overtake Polymarket in taker volume for the first time in April and where open interest across all platforms hit $1.11 billion on May 1, the intelligence gap was only going to widen without a tool like this. Arkham saw that gap and moved into it before anyone else did. The smartest crypto minds already read our newsletter. Want in? Join them .

8 May 2026, 04:02

Ripple’s XRPL Linked to Interbank System in Major Pilot With JPMorgan, Mastercard, Ondo

Blockchain settlement rails are increasingly becoming intertwined with the global financial system. A group of firms recently achieved a feat that could introduce 24/7 settlements for traditional financial markets. According to a tweet , the tokenization platform Ondo Finance, card services provider Mastercard, and JP Morgan’s blockchain platform, Kinexys, are involved in achieving the latest milestone. The companies successfully completed a pilot transaction that connected Ripple’s XRP Ledger (XRPL) with interbank settlement rails. XRPL Linked to Interbank Settlement Rails The pilot linked XRPL to global banking infrastructure, enabling institutions to execute cross-border transactions in a single, integrated flow. The assets used for the project were tokenized U.S. Treasury bills. The feat marked the first time tokenized Treasuries were settled across borders in near real time, outside traditional banking hours. The process entailed Ondo processing Ripple’s redemption of the Ondo Short-Term U.S. Government Treasuries (OUSG) first. Mastercard routed instructions to Kinexys through its multi-token network, while JP Morgan delivered USD to Ripple’s Singapore bank account. Completed in under five seconds, rather than the usual one to three business days, the pilot transaction highlighted a hybrid model in which XRPL handled the asset token movement while traditional banking rails facilitated fiat settlement. “Tokenized assets are no longer separate from the global financial system. For the first time, a public blockchain and global banking infrastructure settled a cross-border transaction of a tokenized fund together in real time. Together, we’re laying the groundwork for 24/7 global markets that never close,” Ondo Finance stated . The Rise of Tokenization on Wall Street With Treasuries moving like crypto on settlement rails that do not have closing hours, the $30 trillion U.S. Treasury market could be opened to a new wave of investors. Multiple financial institutions, including Wall Street’s biggest firms, are already scrambling to get on this bandwagon. Besides Treasuries, these institutions are also attempting to tokenize bonds and deposits. A few days ago, the Depository Trust & Clearing Corporation (DTCC) announced plans to launch a new tokenization service for bonds and Treasuries in October. Meanwhile, the tokenized stocks sector has witnessed massive growth over the past year. In fact, the market cap of the tokenized real-world assets (RWAs) sector as a whole more than tripled from $5.42 billion to $19.32 billion in the last 15 months ending March 2026. The sector grew so well that it outperformed stablecoins. The post Ripple’s XRPL Linked to Interbank System in Major Pilot With JPMorgan, Mastercard, Ondo appeared first on CryptoPotato .

8 May 2026, 03:40

Arbitrum Council Approves Unfreezing $71M in ETH From Kelp DAO Exploit

BitcoinWorld Arbitrum Council Approves Unfreezing $71M in ETH From Kelp DAO Exploit The Arbitrum Security Council has approved a joint proposal to unfreeze approximately $71 million in ETH that was locked following an exploit on the Kelp DAO protocol. The decision is expected to accelerate the recovery of rsETH collateral and restore liquidity for affected users. Background of the Exploit and Freeze In early 2025, an exploit targeting Kelp DAO, a liquid restaking protocol, led to the freezing of a significant amount of ETH by the Arbitrum Security Council. The council, which acts as a safety mechanism for the Arbitrum ecosystem, intervened to prevent further loss and to allow time for investigation and remediation. The frozen funds, valued at around $71 million at current market rates, were held in a smart contract while stakeholders worked on a recovery plan. Joint Proposal and Approval Process The successful proposal was jointly submitted by three key entities: Aave Labs, the development team behind the Aave lending protocol; Kelp DAO, the affected protocol; and LayerZero, the cross-chain interoperability platform. The collaboration was necessary because the frozen funds were intertwined across multiple protocols and layers, requiring coordinated action to safely unfreeze and redistribute them. The proposal underwent a standard governance process, including a voting period and technical review, before receiving final approval from the Arbitrum Security Council. The council’s decision was based on the thoroughness of the recovery plan and the assurance that the exploit vector had been addressed. Impact on rsETH Collateral and Users The unfreezing of these funds is a critical step in restoring the rsETH collateral pool. rsETH is a liquid restaking token that represents staked ETH on the EigenLayer ecosystem. The exploit had temporarily destabilized the collateral backing, causing uncertainty for users who had deposited ETH in exchange for rsETH. With the funds now being released, Kelp DAO can begin the process of rebalancing its reserves and resuming normal operations. This move is expected to restore confidence among liquidity providers and borrowers who rely on the stability of rsETH. Broader Implications for DeFi Security This incident highlights the importance of security councils and rapid response mechanisms in decentralized finance. The Arbitrum Security Council’s ability to freeze and later unfreeze funds, with proper governance, demonstrates a balanced approach between security and decentralization. However, it also raises questions about the centralization of power in such councils, even if temporary. The joint proposal model, involving affected protocols and infrastructure providers, could become a template for handling future cross-protocol incidents. Conclusion The approval to unfreeze $71 million in ETH marks a positive resolution to a significant DeFi exploit. The coordinated effort between Aave Labs, Kelp DAO, and LayerZero, combined with the decisive action of the Arbitrum Security Council, has set a precedent for how the ecosystem can manage and recover from security incidents. Users and stakeholders will now watch closely as the funds are redistributed and normal operations resume. FAQs Q1: What was the Kelp DAO exploit? The Kelp DAO exploit was a security breach that targeted the protocol’s smart contracts, leading to the freezing of approximately $71 million in ETH by the Arbitrum Security Council to prevent further losses. Q2: Who submitted the proposal to unfreeze the funds? The proposal was jointly submitted by Aave Labs, Kelp DAO, and LayerZero, representing a collaborative effort between the affected protocol, a major lending platform, and a cross-chain infrastructure provider. Q3: What is rsETH and why is this important? rsETH is a liquid restaking token on the EigenLayer ecosystem. Unfreezing the funds is crucial for restoring the collateral backing of rsETH, ensuring stability for users who have deposited ETH in exchange for the token. This post Arbitrum Council Approves Unfreezing $71M in ETH From Kelp DAO Exploit first appeared on BitcoinWorld .

8 May 2026, 03:30

Bermuda Pushes New USDC Airdrop as Premier Burt Targets Local Merchants

Bermuda is transitioning from blockchain experimentation to practical implementation with the announcement of a new USDC stablecoin airdrop and a merchant onboarding program. Strategic Expansion of USDC Airdrops Bermuda is expanding its push into digital currency by launching a new stablecoin distribution and a comprehensive merchant onboarding program, Premier David Burt announced on May 6.

8 May 2026, 03:00

Mastercard and Ripple Complete Historic Transaction, New Use Case for XRP?

Ondo Finance, Kinexys by J.P. Morgan, Mastercard, and Ripple have jointly completed the first near real-time cross-border, cross-bank redemption of tokenized US Treasuries — with the XRP Ledger serving as the settlement blockchain at the center of a transaction that connected public blockchain infrastructure directly to global banking rails for the first time. The pilot, announced on May 6, executed in under five seconds — a stark contrast to the one-to-three business day timeframe that cross-border correspondent banking typically requires. It also occurred outside traditional banking hours, underscoring what the participating firms described as a step toward a financial system capable of operating 24 hours a day, seven days a week. Ripple Gains Relevance with Mastercard Partnership The mechanics of the pilot reveal how each institution contributed a distinct piece of the settlement architecture. Ripple redeemed a portion of its holdings in OUSG — Ondo Finance’s Short-Term US Government Treasuries fund, a tokenized product available to accredited investors and qualified purchasers — directly on the XRP Ledger. Ondo processed the redemption and triggered a fiat payout instruction through Mastercard’s Multi-Token Network (MTN), a platform designed to enable interoperability between on-chain assets and traditional money movement systems. From there, Mastercard’s MTN routed the instruction to Kinexys by J.P. Morgan — JPMorgan’s blockchain infrastructure platform, which has now processed more than $3 trillion in cumulative transactions, per figures cited in the announcement. Kinexys debited Ondo’s Blockchain Deposit Account and delivered US dollar proceeds to Ripple’s bank account in Singapore through its correspondent banking network. One leg of the transaction settled on a public blockchain. The other settled on institutional banking rails. Both happened within the same uninterrupted flow. What It Signals For The Broader Market The transaction arrives against a backdrop of rapid growth in tokenized real-world assets. Tokenized US Treasuries crossed the $10 billion mark for the first time on February 11, 2026, according to TheStreet Crypto, and stood at approximately $12.88 billion by early April — a 225% increase over 15 months. The broader tokenized RWA market surged 256.7% from $5.42 billion at the start of 2025 to $19.3 billion by the end of Q1 2026. Despite that growth, redemption infrastructure has lagged, still dependent on wire transfers, manual processes, and fixed banking windows. This pilot addresses that gap directly. Markus Infanger, SVP of RippleX, noted in the official release that the XRP Ledger enables real-time asset movement and that, when paired with global banking infrastructure, the pilot demonstrates how institutions can execute cross-border transactions as a single integrated flow — rather than a sequence of siloed instructions across separate systems. The DTCC separately announced earlier this week that it plans to launch its own tokenization service later in 2026 — a signal that the institutional race to build out this infrastructure is accelerating across the industry simultaneously. This development marks a pivotal moment for the nascent sector and, specifically, for the XRP Ledger’s positioning within institutional finance. Whether the XRPL’s role as settlement infrastructure in this pilot translates into a sustained and expanded use case will depend on how many further cross-border tokenized asset transactions adopt the same architecture — and how quickly the broader regulatory and banking framework catches up to what the technology can already do. Cover image from Grok, XRPUSD chart on Tradingview