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TLGY and StablecoinX Secure $890 Million PIPE to Build ENA Treasury for Ethena Ecosystem

TLGY Acquisition Corp. and StablecoinX Assets Inc. announced an additional $530 million in PIPE financing, bringing total committed PIPE proceeds to $890 million in support of their proposed business combination…

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Paxos Proposes USDH Stablecoin to Anchor Hyperliquid Ecosystem and Fund Buybacks

Paxos proposed issuing USDH, a Hyperliquid‑first regulated stablecoin, aimed at accelerating adoption and enterprise integration across the Hyperliquid ecosystem. The Paxos Labs initiative, backed by Paxos’s decade of regulated stablecoin…

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Boerse Stuttgart Launches Seturion, Pan‑European Blockchain Settlement Platform for Tokenized Assets

Boerse Stuttgart Group launched Seturion, a pan‑European, blockchain‑based settlement platform aimed at unifying fragmented cross‑border settlement for tokenized assets and cutting costs for market participants. Open to banks, brokers, traditional…

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Abu Dhabi Grants GFO‑X Approval to Launch Digital Asset Exchange and Clearing House

Abu Dhabi Global Market (ADGM) has granted GFO‑X Group in‑principle approval to establish a digital asset exchange and clearing house, the two parties announced. The approval positions GFO‑X to offer…

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ECB Pushes Digital Euro to Enhance Strategic Autonomy, Counter Foreign Stablecoins

On September 4, 2025, ECB Executive Board Member Piero Cipollone addressed the European Parliament, advocating for a digital euro to strengthen Europe’s payment system resilience and strategic autonomy. Speaking in…

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