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Project Overview
Stable is a fintech company that allows users direct access to financial services and decentralized technologies such as cash to USDC exchange services. With the launch of its stablecoin wallet, users can deposit funds into Aave, Morpho, or Spark, allowing for high returns.
Stability AI, developer of the AI image generation model Stable Diffusion, completes $76 million Series B funding round.
According to TechCrunch, Stability AI, the developer of the AI image generation model Stable Diffusion, has completed a $76 million Series B funding round, bringing its cumulative funding to $232 million. Participating investors include Universal Music Group, Sony Music Group, Warner Music Group, Electronic Arts (EA), as well as AMD Ventures and Pacific Alliance Ventures.
ElevenLabs and Stability AI Release New AI Music Models
Odaily Odaily News: Voice AI company ElevenLabs, founded in Poland, has released Music v2. This model can switch genres within the same track, generate songs by sections such as intro, verse, and chorus, and supports local redrawing of specified segments. Music v2 is now available on ElevenMusic and ElevenCreative, with early access to the ElevenAPI currently provided through the sales team. Stability AI has launched Stable Audio 3.0, which includes four models: Small SFX, Small, Medium, and Large. Three of these variants have open weights on Hugging Face. The series is trained on licensed data. The Medium model supports generating tracks up to 6 minutes and 20 seconds long, while the Large model is only available via the Stability AI API. ElevenLabs has signed licensing agreements with Believe, Kobalt, and Merlin. Stability AI has established partnerships with Warner Music Group and Universal Music Group. In November 2025, Suno was valued at $2.45 billion, with an annual recurring revenue exceeding $300 million, approximately 100 million users, and generating an average of about 7 million songs daily.
Wyoming Expands Partnership with Chainlink to Introduce On-Chain Reserve Verification for FRNT Stablecoin
According to The Block, the Wyoming Stable Token Committee announced the adoption of Chainlink Proof of Reserve to provide near-real-time on-chain reserve validation for its official stablecoin, Frontier Stable Token (FRNT). The Network Firm will audit FRNT reserves in accordance with AICPA standards, while Chainlink will post verification data on-chain in real time to bridge information gaps between reporting cycles. Previously, Wyoming fully migrated FRNT from LayerZero to Chainlink CCIP last month as its sole cross-chain infrastructure. The committee is also advancing the Chainlink Proof of Reserve Secure Mint feature, which requires verifying that reserves do not fall below FRNT's total supply before minting new tokens to prevent infinite minting attacks. FRNT launched in January this year and is the United States' first government-issued stable token, backed by U.S. dollars and short-term U.S. Treasuries.
HSBC Survey: Singapore and Malaysia Wealthy Investors' Crypto Allocation Remains Stable, Funds Shift to Gold and Alternative Assets
According to e27, the "2026 Affluent Investor Snapshot" survey released by HSBC shows that the average cryptocurrency allocation for global affluent and high-net-worth investors is 6%, a slight decrease of 1 percentage point compared to 2025. Singapore investors' crypto allocation remained unchanged at 5%, and Malaysia remained unchanged at 6%, with no significant signs of exit. Meanwhile, investors in both regions are actively reducing cash holdings—13% of respondents in Singapore and 16% in Malaysia plan to reduce cash allocation within the next 12 months, shifting to increase alternative assets such as fixed deposits, gold, and private equity. Malaysian investors' interest in gold is particularly prominent, with the proportion planning to increase gold holdings rising by 20 percentage points; Singapore investors are more inclined towards fixed deposits (+18 percentage points) and alternative investments (+15 percentage points). Conducted between January and February 2026, this survey covered a total of 9,993 investors across 10 global markets, with a minimum investable asset threshold for respondents of USD 100,000.
New Hampshire Signs Blockchain Basic Laws into Effect, Texas Invests Approximately $5 Million to Establish Bitcoin Reserve
, New Hampshire Governor Kelly Ayotte recently signed HB 639, the Blockchain Basic Laws, to increase legal protections for digital asset users, developers, miners, validators, and businesses, and to safeguard digital asset usage and self-custody rights. The bill also authorizes the creation of a dedicated docket for blockchain-related disputes. New Hampshire's 2025 law allows the State Treasurer to invest up to 5% of specific public funds in precious metals and qualifying digital assets, with Bitcoin currently being the only asset meeting the market cap threshold. Texas Governor Greg Abbott signed SB 21 in June 2025, establishing the Texas Strategic Bitcoin Reserve. State lawmakers appropriated $10 million, and Texas subsequently made an initial investment of approximately $5 million via spot Bitcoin ETFs. A 2025 proposal in Wyoming to allow up to 3% of certain state funds to be invested in Bitcoin did not pass. However, the state continues to advance its specialized banking framework and the Frontier Stable Token. FRNT became publicly available in January 2026 and is described as the first state-issued stable token in the United States.
Stable Sea Integrates WisdomTree Tokenized Treasury Fund WTGXX for Corporate Cash Management
According to Cointelegraph, Stable Sea, an enterprise treasury management platform, has integrated WisdomTree’s tokenized U.S. Treasury money market fund WTGXX onto its platform, enabling corporate clients to allocate idle funds into the fund to generate returns. As of April 28, WTGXX’s total assets under management stood at $857.6 million, with a daily yield of 3.43%. WTGXX primarily invests in short-term U.S. Treasury securities; its shares are recorded on-chain, supporting faster settlement and automated trading. Stable Sea’s core functionality automatically sweeps corporate cash balances into yield-bearing instruments—and this integration extends that capability to tokenized funds. Clients remain subject to standard compliance review processes. Tokenized money market funds are now accelerating institutional adoption. WisdomTree has received SEC approval for 24/7 trading of WTGXX; Franklin Templeton is collaborating with Binance to promote tokenized fund shares as over-the-counter (OTC) collateral; and Standard Chartered has launched a framework enabling BlackRock’s tokenized Treasury fund to serve as collateral for trading on OKX.
Stable mainnet will be upgraded to v1.9.0 on October 31, with a focus on strengthening network security and stability.
The Stable team announced that the Stable mainnet will upgrade to v1.9.0 at 17:00 (UTC+8) on October 31, at block height 45,091,000. This upgrade primarily focuses on protocol security hardening and network resilience optimization, aiming to enhance the security, reliability, and operational stability of transaction processing and settlement, providing infrastructure support for financial activities such as on-chain payments, exchange settlements, and corporate treasury management.
Coinbase will list Stable (STABLE)
Coinbase will list Stable (STABLE), with spot trading set to launch on October 27, 2026. If liquidity conditions are met and trading is supported, the STABLE-USD trading pair will open later today.
Polkadot Community Proposes DAO Strategy Mandate: Shifting from TVL to User Acquisition and Launching Collateralized Stable Asset dotStables
the Polkadot community recently submitted a proposal on the SubSquare platform titled "DOT DAO Strategy Mandate," advocating for a shift in the DAO's strategic focus from ecosystem expansion and total value locked (TVL) growth to end-user acquisition and real-world use cases, and planning to build a user-facing Polkadot Product Platform.Another core component of the proposal is the launch of a permissionless DOT-collateralized stable asset called dotStables, with priority support for dotUSD. The asset adopts a collateralization model similar to Liquity, aiming to ultimately convert stablecoin demand into demand for DOT. In terms of platform design, it will be compatible with existing parachain infrastructure and emphasize a freemium model, mobile-first approach, self-custody, privacy protection, and login-free user experience. Currently, the proposal is still in the governance preparation stage.
Wyoming Expands Partnership with Chainlink to Introduce On-Chain Reserve Verification for FRNT Stablecoin
According to The Block, the Wyoming Stable Token Committee announced the adoption of Chainlink Proof of Reserve to provide near-real-time on-chain reserve validation for its official stablecoin, Frontier Stable Token (FRNT). The Network Firm will audit FRNT reserves in accordance with AICPA standards, while Chainlink will post verification data on-chain in real time to bridge information gaps between reporting cycles. Previously, Wyoming fully migrated FRNT from LayerZero to Chainlink CCIP last month as its sole cross-chain infrastructure. The committee is also advancing the Chainlink Proof of Reserve Secure Mint feature, which requires verifying that reserves do not fall below FRNT's total supply before minting new tokens to prevent infinite minting attacks. FRNT launched in January this year and is the United States' first government-issued stable token, backed by U.S. dollars and short-term U.S. Treasuries.
XMR, ZEC can be natively exchanged for BTC, ETH, and stablecoins; THORChain launches version 3.20
Odaily News: THORChain announced the launch of version 3.20, adding native cross-chain swap support for Monero (XMR) and Zcash (ZEC). Users can directly swap XMR and ZEC for Bitcoin, ETH, and stablecoins without wrapping assets, registering on centralized exchange accounts, or relinquishing asset custody. This upgrade also introduces Protocol-Owned Liquidity (POL) and Stable Reserve, and restores support for Solana, Base, and BNB. Among these, Stable Reserve supports zero-liquidity-fee swaps between stablecoins.
Stable Releases Version 2.0 Whitepaper, Mainnet Uses USDT as Native Gas and Primary Settlement Asset
Stable releases version 2.0 whitepaper, positioned as institutional-grade stablecoin settlement infrastructure, where the mainnet will use USDT as native Gas and primary settlement asset, and support PYUSD. STABLE total supply is 100 billion tokens, with the remaining 82% to be unlocked in phases starting from the end of 2027.
Related news
Stable mainnet will be upgraded to v1.9.0 on October 31, with a focus on strengthening network security and stability.
The Stable team announced that the Stable mainnet will upgrade to v1.9.0 at 17:00 (UTC+8) on October 31, at block height 45,091,000. This upgrade primarily focuses on protocol security hardening and network resilience optimization, aiming to enhance the security, reliability, and operational stability of transaction processing and settlement, providing infrastructure support for financial activities such as on-chain payments, exchange settlements, and corporate treasury management.
Coinbase will list Stable (STABLE)
Coinbase will list Stable (STABLE), with spot trading set to launch on October 27, 2026. If liquidity conditions are met and trading is supported, the STABLE-USD trading pair will open later today.
Coinbase Adds AXIS, PEARL, and STABLE to Its Listing Roadmap
According to an official announcement, Coinbase has added Axis Labs (AXIS), Pearl (PEARL), and Stable (STABLE) to its listing roadmap.
Polkadot Community Proposes DAO Strategy Mandate: Shifting from TVL to User Acquisition and Launching Collateralized Stable Asset dotStables
the Polkadot community recently submitted a proposal on the SubSquare platform titled "DOT DAO Strategy Mandate," advocating for a shift in the DAO's strategic focus from ecosystem expansion and total value locked (TVL) growth to end-user acquisition and real-world use cases, and planning to build a user-facing Polkadot Product Platform.Another core component of the proposal is the launch of a permissionless DOT-collateralized stable asset called dotStables, with priority support for dotUSD. The asset adopts a collateralization model similar to Liquity, aiming to ultimately convert stablecoin demand into demand for DOT. In terms of platform design, it will be compatible with existing parachain infrastructure and emphasize a freemium model, mobile-first approach, self-custody, privacy protection, and login-free user experience. Currently, the proposal is still in the governance preparation stage.
Wyoming Expands Partnership with Chainlink to Introduce On-Chain Reserve Verification for FRNT Stablecoin
According to The Block, the Wyoming Stable Token Committee announced the adoption of Chainlink Proof of Reserve to provide near-real-time on-chain reserve validation for its official stablecoin, Frontier Stable Token (FRNT). The Network Firm will audit FRNT reserves in accordance with AICPA standards, while Chainlink will post verification data on-chain in real time to bridge information gaps between reporting cycles. Previously, Wyoming fully migrated FRNT from LayerZero to Chainlink CCIP last month as its sole cross-chain infrastructure. The committee is also advancing the Chainlink Proof of Reserve Secure Mint feature, which requires verifying that reserves do not fall below FRNT's total supply before minting new tokens to prevent infinite minting attacks. FRNT launched in January this year and is the United States' first government-issued stable token, backed by U.S. dollars and short-term U.S. Treasuries.
Trump Says Strikes on Iran Are Limited, Strait of Hormuz Remains Stable
US President Trump stated that military strikes against Iran would be limited, and noted that the current navigation status in the Strait of Hormuz remains "very good."