News linked to both this project and an event.
Vitalik Buterin has once again proposed the concept of “synthetic stable assets,” suggesting that their stability anchor need not necessarily be the U.S. dollar. He stated that users’ core requirement for stablecoins is price stability for future expenditures; however, if the crypto ecosystem is built upon dollar-backed stablecoins, it cannot truly be considered decentralized.
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.
Stable, a blockchain focused on USDT payments, launched its yield product StableEarn on May 26, expanding its business from stablecoin payments to fund management. The first vault has gone live on Morpho, with crypto risk management firm Gauntlet responsible for configuring deposited assets within Morpho’s lending markets and managing risk parameters and rebalancing. The product targets neobanks, fintech companies, payment processors, and individual users. The first vault is powered by Theo’s products, featuring strategies including tokenized U.S. Treasury exposure (thBILL), interest-bearing gold tokens backed by loans to jewelers (thGOLD), and an interest-bearing stablecoin built on gold derivatives (thUSD).
: Kelp posted on X platform, stating that to ensure the security standards of rsETH and optimize network integration, it will discontinue rsETH cross-chain support for multiple networks after June 15. The affected networks include Optimism, Manta, Mode, Blast, Scroll, X Layer, zkSync, Zircuit, Swellchain, Hemi, Berachain, Sonic, HyperEVM, Unichain, TAC, Avalanche, Plasma Stable, MegaETH, Monad, and Movement.Kelp reminds users holding rsETH on the aforementioned chains to bridge it back to the Ethereum mainnet before June 15. After the deadline, asset recovery can still be requested, but a fee of 100 USDC will be charged per address. Specific procedures will be announced closer to the deadline.
JUST officially released its weekly report, highlighting robust performance across the JUST ecosystem from May 5 to May 11. Total Value Locked (TVL) reached $12 billion, accounting for 41.79% of the TRON DeFi market. The lending market remained highly active, with total deposits surpassing $3.8 billion. Meanwhile, the cumulative JST token burn ratio has reached 13.70%, further amplifying its deflationary effect. While offering users diversified yield options—including sTRX and USDD—the platform continues optimizing the supply-demand balance of asset allocation. This transparent and efficient mechanism execution, coupled with consistent long-term value returns, not only underscores JUST’s stable operational strength as a core TRON DeFi protocol but also establishes a resilient, long-term value system for users.
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.
According to The Block, stablecoin management firm Stable Sea has announced a partnership with asset management firm WisdomTree to directly integrate WisdomTree’s tokenized money market fund WTGXX into its enterprise payment and treasury management platform. Stable Sea users can now one-click transfer idle stablecoin balances into the WTGXX fund to earn yield (currently offering an approximate 7-day annualized yield of 3.5%) and redeem those holdings at any time back into stablecoins for global payments.
Western Union has announced the upcoming launch of the Solana-based stablecoin USDPT next month, serving as an alternative settlement network between the company and its agents.Additionally, Western Union plans to launch a digital asset network connecting crypto wallets with its existing retail and agent networks. It also intends to introduce a "Stable Card" in dozens of markets later this year, enabling users to hold value in stablecoins and spend globally. (The Block)