USD1 launches on Solana as World Liberty Financial brings stablecoin to high-speed DeFi
AI Summary
Show More
Quickly grasp the article's content and gauge market sentiment in just 30 seconds!
Daily top performer — Polygon (POL)
The S&P 500 dipped 0.1% last week after reaching new highs, as Alibaba’s AI chip plans pressured Nvidia and other AI stocks, weighing on the sector despite overall market resilience. Gold rose to a five-month high near $3,470 as rising Fed rate cut expectations and a weaker USD boosted demand despite strong US economic data. CoinDesk Indices, which track the broader crypto market, fell 2.45% in the past 24 hours, while Bitcoin and Ether down 0.68% and 0.39%, respectively. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is POL, up 6.8% as Polygon approaches full completion of its MATIC-to-POL token upgrade.
Polygon (POL), launched in 2017 as Matic Network by Indian developers Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun, is a Layer 2 scaling solution for Ethereum that enhances transaction speed and lowers gas fees without modifying Ethereum’s core protocol. It rebranded to Polygon in 2021 to expand its scope and provide a broader suite of developer tools. Polygon announced that 99.18% of the MATIC to POL token upgrade has been completed. This upgrade is a key step in transitioning POL into the unified gas and staking token across the Polygon ecosystem, supporting its long-term vision of an aggregated, high-throughput multichain network.
Check out the latest prices, charts, and data of POLUSDT perp and POL/USDT perp contracts!
Talk of the town
World Liberty Financial has launched USD1 on Solana, bringing a 1:1 USD-backed stablecoin to one of crypto’s fastest ecosystems. Designed for speed, control, and permissionless access, USD1 aims to meet the demands of Solana’s high-velocity DeFi markets—where new tokens launch every minute and capital shifts in seconds. The integration positions USD1 as a key stablecoin for internet-scale finance.
Check out the latest prices, charts, and data of WLFIUSDT perp contracts!
Bitcoin spot ETF flows
Date | GBTC (M USD) | Non-GBTC (M USD) | Total (M USD) |
25 August 2025 | 0.0 | 219.1 | 219.1 |
26 August 2025 | 0.0 | 88.1 | 88.1 |
27 August 2025 | 0.0 | 81.4 | 81.4 |
28 August 2025 | 0.0 | 178.9 | 178.9 |
29 August 2025 | (15.3) | (111.4) | (126.7) |
Total (weekly) | (15.3) | 456.1 | 440.8 |
Current Total (from inception): | (23,937) | 78,155 | 54,218 |
BTC spot ETFs saw $440.8M in net inflows during the week of August 25–29, 2025, entirely driven by Non-GBTC ETFs, which brought in $456.1M, while GBTC recorded $15.3M in outflows. Since launch, total net inflows stand at $54.2B, with Non-GBTC ETFs contributing $78.2B and GBTC offsetting with $23.9B in outflows.
Check out the latest prices, charts, and data of BTCUSDT perp and BTC/USDT spot contracts!
Airdrop to watch
June is a new privacy-focused AI assistant from Blockchain(dot)com, backed by top firms like Coinbase Ventures and Google Ventures, with $600M raised. It lets users switch between models like OpenAI, Anthropic, and Google without tracking data. The beta is live with a gated access and points program. You can join the waitlist now and earn points once access reopens.