Market News Today — AI-Curated Stock & Crypto Headlines

Payward, the parent company of Kraken, has announced a partnership with SoFi to integrate the SoFiUSD stablecoin onto the Kraken platform.

Diameter Pay, a stablecoin payments infrastructure startup, raised $10 million in a Series A funding round co-led by CMT Digital and Lightspeed Faction.

SoFi and Kraken have established a partnership where Kraken will list SoFi's stablecoin (SoFiUSD) and access SoFi's 24/7 dollar settlement network, while Kraken Prime will execute trades for SoFi's crypto customers.

A consortium of 21 banks, including Goldman Sachs and Bank of America, is planning to launch a U.S.

David Schwartz, former Ripple CTO, publicly supported Tether's decision to freeze $42 million in a warrantless action as part of an SDNY lawsuit, citing anti-money laundering (AML) risks.

A legal dispute emerged where plaintiffs involved in a pig butchering scam challenged Tether's authority to freeze $42 million linked to the case.

A lawsuit alleges Tether froze $42.4 million USDT in response to an informal U.S.

The CLARITY Act, a proposed crypto regulation bill, is scheduled for a critical Senate debate vote on September 15 requiring 60 votes to proceed.

Robinhood Chain, an Ethereum Layer 2 decentralized exchange (DEX), reported a surge in trading volume to $1.6 billion, representing a 61% increase in a short period.

Twenty-one major financial institutions, including Bank of America (BofA), Citigroup (Citi), and Goldman Sachs (GS), are collaborating on a stablecoin launch, starting with a US dollar-denominated stablecoin and later expanding to a euro-denominated offering.

Ethena launched a self-custodial payments app integrating USDe, a dollar-pegged stablecoin, with features for everyday transactions, savings, and cross-border transfers.

Circle minted 11 billion USDC tokens on the Solana blockchain in a single month, signaling increased institutional adoption of blockchain-based dollar liquidity solutions.