BTC $62,146.33 -2.46%
ETH $1,769.47 -1.94%
BNB $565.61 -1.45%
XRP $1.06 -1.92%
SOL $74.70 -2.60%
TRX $0.3237 -2.25%
DOGE $0.0717 -1.25%
ADA $0.1567 -3.12%
BCH $235.48 -1.73%
LINK $7.85 -1.73%
HYPE $63.43 -5.57%
AAVE $94.16 -2.96%
SUI $0.7190 -2.27%
XLM $0.1801 -3.26%
ZEC $494.59 -7.19%
BTC $62,146.33 -2.46%
ETH $1,769.47 -1.94%
BNB $565.61 -1.45%
XRP $1.06 -1.92%
SOL $74.70 -2.60%
TRX $0.3237 -2.25%
DOGE $0.0717 -1.25%
ADA $0.1567 -3.12%
BCH $235.48 -1.73%
LINK $7.85 -1.73%
HYPE $63.43 -5.57%
AAVE $94.16 -2.96%
SUI $0.7190 -2.27%
XLM $0.1801 -3.26%
ZEC $494.59 -7.19%

ac

AC is the abbreviation for Andre Cronje, a well-known developer in the decentralized finance (DeFi) field, famous for creating Yearn Finance. Yearn Finance is an automated yield aggregator that helps users optimize returns across different DeFi protocols. Cronje has significant influence in the DeFi community, and the projects he develops are often noted for their innovation and complexity. AC is also commonly used to refer to other projects and contributions that Cronje is involved in.
All
Article
Flash

first_img Data: In Q2 2026, the quotes for stablecoin cross-border payments continued to be lower than interbank exchange rates, with "routing fees" becoming the largest cost factor

According to The Block, the Benchmark Report released by Borderless.xyz for Q2 2026 shows that the delivery quotes for stablecoin cross-border payments in each month of the second quarter were all below the interbank foreign exchange rate midpoint. Data covering 108 countries and 260 payment corridors indicates that the median "parity spread" for the quarter was -3.2 basis points, further widening to -5.9 basis points in June, marking the deepest negative value of the year.The report also shows that the typical delivery cost for a $10,000 cross-border payment in the second quarter was approximately $27, and it has remained around this level for five consecutive months. If companies only connect to a single service provider in the long term, they will pay an average of about $2,330 more compared to the optimal quote for every $1 million payment scale, known as the "routing tax."Regionally, the African market showed the most significant fluctuations, with the price point spread widening by 166 basis points to 512.8 basis points; Latin America compressed to 89.0 basis points, while Asia remained relatively stable at 6.1 basis points. In specific corridors, Malawi experienced a one-day repricing of 5.8% on April 9, with the typical spread jumping from about 296 basis points to 1975 basis points.

The White House Crypto Council states that the CLARITY Act faces a crucial week, with the industry focusing on the U.S. crypto regulatory process

Crypto journalist Eleanor Terrett posted on the X platform that Patrick Witt, the Executive Director of the White House Cryptocurrency Council, stated that this week will be a "critical week" in the advancement of the U.S. CLARITY Act. As the crypto industry prepares to commemorate the one-year anniversary of the GENIUS Act officially becoming law, the construction of the U.S. digital asset regulatory framework has once again become a focal point for the market.Patrick Witt mentioned that the current U.S. crypto policy is at an important stage, and the advancement of the CLARITY Act will have significant implications for the market structure of digital assets, the division of regulatory responsibilities, and the future development direction of the industry.Previously, the CLARITY Act was regarded as one of the important legislations for establishing comprehensive regulatory rules for the U.S. crypto market, aiming to clarify the classification of digital assets, the authority of regulatory agencies, and the compliance requirements for market participants.Market participants believe that if the bill makes substantial progress, it could further enhance regulatory certainty for the U.S. crypto industry and impact the future strategies of exchanges, stablecoin issuers, and blockchain companies.

first_img Bernstein: Robinhood Chain ranks among the top five chains, with DEX trading volume reaching 3.1 billion dollars in the past week

According to Coindesk, Bernstein stated in a research report released on Monday that Robinhood's newly launched blockchain, Robinhood Chain, has performed strongly since its launch, quickly becoming one of the most active networks for decentralized trading.The report noted that since the mainnet went live on July 1, the DEX trading volume on Robinhood Chain reached $3.1 billion in the past week, ranking it among the top five chains by DEX activity. Currently, over 65,000 users hold approximately $13 million in tokenized stocks and $300 million in stablecoins on the chain.Bernstein believes that the early adoption of Robinhood Chain highlights the accelerated integration of tokenized real-world assets with the broader DeFi ecosystem. The network is built on Arbitrum, an Ethereum Layer 2, supporting Robinhood's tokenized stock products, providing 24/7 trading, self-custody, as well as on-chain use cases such as lending and collateralization, and has integrated with partners like Uniswap, Morpho, Lighter, Chainlink, and BitGo.The report also stated that although the current early trading volume is primarily driven by meme coins, Robinhood is expected to focus more on tokenized stocks, commodities, and other RWA assets, as well as perpetual contract business in the future.
app_icon
ChainCatcher Building the Web3 world with innovations.