ChainCatcher message, the RWA stablecoin yield protocol R2 announced that the final testnet officially launched at 15:00 Beijing time on June 25, with the testing period expected to last about two months. The current phase supports interaction with the Ethereum Sepolia network, and the Wormhole cross-chain bridge function is expected to go live around July 11, along with the launch of multi-chain interaction capabilities.This round of testing will focus on verifying core functions such as sR2USD auto-compounding staking, R2 Token simulated claiming, full-chain exit mechanism, and cross-chain bridge, in preparation for the mainnet launch.R2 is building a yield-generating stablecoin protocol that allows everyone to access institutional-level real-world asset returns. Users deposit USDC or USDT, and the platform allocates the funds to various RWA strategies in different regions, charging a small management fee and performance fee.

ChainCatcher news, according to Jinshi Data reports, five sources familiar with the negotiations said that European officials are increasingly accepting a 10% "reciprocal" tariff as a benchmark for any trade agreement between the United States and the European Union.Previously, U.S. President Trump announced broad tariffs on trade partners, and U.S. Commerce Secretary Ross has ruled out the possibility of "reciprocal tariffs" on most U.S. exports to the EU being lower than 10%.Sources said that EU negotiators are still urging for the tax rate to be lowered to below 10%. However, one source indicated that since the U.S. began generating revenue from its global tariffs, negotiations to lower tariff levels have become more difficult. He stated, "10% is a tricky issue. We are pressuring them, but now they are generating revenue." Another European source mentioned that the EU has not accepted 10% as a benchmark rate in the negotiations, but acknowledged that it is difficult to change or abolish this benchmark.

ChainCatcher news, according to the official announcement, the BTTC network has officially adjusted the annualized staking yield to 6%. The BTTC network has officially adjusted the annualized staking yield to 6%. This adjustment is based on the economic model after the BTTC 2.0 upgrade, aiming to expand the scale of validator participation and further enhance the level of decentralization and security of the network.The BTTC development team stated that they will continue to optimize the underlying mechanisms to ensure stable and efficient network operation, providing users with a better service experience.

ChainCatcher news, according to a report by Delphi Digital, the supply of stablecoins has exceeded $250 billion for the first time. Among them, yield-bearing stablecoins are growing rapidly, with Ethena reaching nearly $6 billion since its launch;Tether and Circle still dominate the market, accounting for 86% of the circulating supply combined; the diversity of issuers has increased, with more than 10 stablecoins having a circulation of over $100 million; over $120 billion in U.S. Treasury bonds are locked in stablecoins, creating a liquidity pool outside of traditional markets.

ChainCatcher news, according to Jinshi reports, U.S. Treasury yields slightly fell after the data was released; the two-year U.S. Treasury yield dropped by 1.1 basis points to 3.939%, the ten-year Treasury yield is down by 2 basis points to 4.371%, and the thirty-year U.S. Treasury yield fell by 2.4 basis points to 4.869%.

ChainCatcher news, Cryptoquant analyst Darkfost released a market analysis stating that macroeconomics has become the dominant narrative in today's cryptocurrency market. As a result, key indicators such as the US Dollar Index (DXY) and US Treasury yields are now closely monitored by investors, reflecting the overall state of institutional sentiment and global liquidity. When DXY and bond yields rise simultaneously, capital tends to flow out of risk assets. In such an environment, Bitcoin typically experiences pullbacks. Historically, bear markets in cryptocurrencies have often coincided with strong upward trends in yields and DXY.Conversely, when DXY and yields lose momentum, investors' risk appetite shifts towards risk assets. These periods are often associated with monetary easing or market expectations of interest rate cuts by the Federal Reserve, thereby driving bullish sentiment in the crypto market. Notably in the current cycle, there is an unusual decoupling between Bitcoin and bond yields. Despite yields reaching one of the highest levels in Bitcoin's history, Bitcoin continues to maintain an upward trend, especially accelerating when DXY declines. This anomaly suggests a structural shift in Bitcoin's role within the macroeconomic landscape, as it is increasingly viewed as a store of value. This new narrative may be redefining how Bitcoin responds to traditional macroeconomic forces.

ChainCatcher news, Danske Bank research analyst Stefan Mellin stated that the demand for the 30-year Treasury bond auction conducted by the U.S. Treasury on Thursday was strong. This helped to further lower the 30-year yield below the critical 5% level.Given the unusual price movements at the long end of the U.S. Treasury curve over the past few months, as well as the challenges to the status of U.S. Treasuries as a safe-haven asset, yesterday's auction was particularly significant. The auction results help to alleviate recent concerns about declining demand for long-term U.S. Treasuries.

ChainCatcher news, according to official information, the RWA stablecoin yield protocol R2 has announced that the first round of the testnet will officially end at 24:00 Beijing time on June 15. This round of testing lasted nearly two months, attracting over 270,000 independent users to participate in interactions, with daily active users stabilizing at over 40,000, and community engagement continuing to rise.R2 stated that in the coming days, they will conduct statistics and verification of multi-chain interaction data to ensure the accuracy of the test data and the fairness of reward distribution. The final testnet is expected to go live on June 23, at which time multiple new features will be opened, including cross-chain bridging, multi-chain support, yield claiming and withdrawal, secondary market trading, and leaderboard mechanisms.R2 is building a stablecoin protocol aimed at real-world asset (RWA) yields, committed to providing users with a convenient, stable, transparent, and secure on-chain compliant yield channel. Currently, R2 has become the official LP of Ondo Finance, Superstate, and DigiFT, and is actively expanding cooperation with leading RWA issuers such as Securitize, Fasanara, and Franklin Templeton.

ChainCatcher news, the on-chain staking and yield protocol HashPower has announced the completion of a $4 million strategic financing round, with participation from HashKey Group, FBG Capital, Hailstone Labs, and DePIN X Capital. This financing will accelerate HashPower's expansion of decentralized mining capabilities, optimize staking yields, and build digital asset and AI infrastructure.HashPower provides users with staking yields and infrastructure services through its globally distributed node network and user-friendly platform protocol. Previously, HashPower signed memorandums of understanding (MOU) worth $60 million with several projects, including Aethir, Multiple Network, XPIN Network, Planck Network, DI Foundation, Inferix, Bitcoin on Base, and Automata Network. The parties will engage in deep cooperation in areas such as ecological growth, joint research and development, and the deployment of decentralized mining, computing power, and AI infrastructure.

ChainCatcher news, the liquidity re-staking protocol YieldNest has announced that it has completed the airdrop snapshot, with the snapshot time being May 28, 2025, at 20:15. The YND TGE and airdrop claim start time will be June 3, 2025.

ChainCatcher news, USDe has been launched on TON Space, and users can now directly obtain USDe within Telegram and stake it as tsUSDe to earn rewards.During the 16-week event, eligible users holding tsUSDe can earn up to 18% annual percentage yield (APY), which includes an 8% base yield and up to 10% additional incentives (to qualify for additional incentives, users must hold at least 10 TON and 10 tsUSDe, and complete eligibility verification through a mainstream wallet). The additional incentives will start at 10% for the first four weeks and gradually decrease to 5% in the last two weeks of the event. Each wallet can receive a reward boost for up to 10,000 tsUSDe.

ChainCatcher news, according to CoinDesk, the U.S. International Trade Court ruled on May 29 that key tariff measures implemented during the Trump administration were illegal, leading to significant fluctuations in the U.S. Treasury market. The 30-year Treasury yield broke above 5%, while the 10-year yield rose to 4.50%, an increase of 10 basis points from the previous two days. The court found that the president overstepped his authority by using economic emergency powers to impose broad trade tariffs, but this ruling does not affect tariffs on specific industries such as steel. The U.S. government stated that it would appeal.Amid ongoing tensions in U.S.-China relations, the U.S. has recently taken measures to restrict chip technology exports and tighten student visa regulations for Chinese nationals. The U.S. Dollar Index (DXY) rose from 98 to 100, while Bitcoin ($108,282) and gold prices remained stable.

ChainCatcher news, GOAT Network officially launches the BTCFi yield product matrix, offering a diverse range of risk-return options, bringing on-chain native, non-custodial sustainable yields to Bitcoin holders. The core products include:GOAT Safebox: Zero risk, no bridging required, annual yield of 2%, earning decentralized sequencer incentives through a 3-month lock-up, suitable for institutional investors.BTCB/DOGEB Vault: Low risk, supports cross-chain bridging of BTCB and DOGEB, annual yield of 5%, sourced from gas fees and sequencer rewards.Sequencer PoS Staking: Medium risk, based on multi-asset PoS and fully decentralized sequencers, open staking with an annual yield of up to 10%.BTC Lending Market Avalon: Supports flexible allocation of BTC and BTC LST lending and borrowing, achieving DeFi-level capital efficiency.GOAT Network is the first to realize chain-level BTC yields with a Bitcoin-native ZK Rollup, utilizing self-developed zkMIPS and BitVM2, reducing the staking challenge period from 14 days to 1 day, and building the first decentralized sequencer network on Bitcoin's second layer.

ChainCatcher news, QCP released a briefing stating that the global financial markets have entered a period of calm, with the volatility of most asset classes continuing to decline, and the market's reaction to negative news has weakened. U.S. Treasury yields fell back after last week's "beautiful bill" raised fiscal concerns, with the 10-year and 30-year Treasury yields dropping below 4.5% and 5.0%, respectively. The yield on Japan's 30-year government bonds also fell below 3%, but remains at historically high levels.Market attention has shifted to the U.S. Treasury auction in June and the 40-year bonds issued by the Japanese Ministry of Finance today. The current economy is in a "moderate" state, and the impact of last month's tariff policy has not yet fully manifested, with expectations that it will be reflected in the data in the third quarter.At the same time, Senator Lummis's extensive remarks on stablecoins and Bitcoin as a strategic reserve have reignited hopes for progress in cryptocurrency policy. According to reports, Trump Media plans to raise $2.5 billion and join the ranks of companies establishing Bitcoin reserves. If the meeting generates momentum, more companies may follow suit, providing new structural buying support for the market.

ChainCatcher news, asset management company Strive announced today the completion of a $750 million private equity financing, focusing on deploying an "excess Bitcoin yield" strategic portfolio. The funds will be used to acquire biotech companies, distressed Bitcoin claims (such as Mt.Gox compensation rights), and discounted structured Bitcoin credit products.

ChainCatcher message, Bitget officially launches the yield-bearing asset certificate BGUSD, providing investors with a new choice that combines liquidity, stability, and returns. The yield of BGUSD comes from a diversified portfolio of real-world assets (RWA), including money market funds and tokenized U.S. Treasury bonds, supported by multiple tokenization service providers, including Superstate.Users can exchange USDC for BGUSD at a 1:1 ratio, or participate in the subscription through USDT, with returns distributed directly to the Bitget spot account in the form of BGUSD, achieving daily compound interest. The base annual yield is 4% APR, with a special rate of 5% APR available within the first 30 days of launch. Additionally, BGUSD can be used in various scenarios on the Bitget platform, including staking and lending, contract margin, Launchpool, and PoolX, further enhancing the flexibility and efficiency of fund utilization.