Boundary Labs today announced that it has closed a $2 million pre-seed funding round to launch a new stablecoin, designed for institutions, that will provide onchain verification of its backing reserves. Exclusively for financial and blockchain institutions, the USBD stablecoin is engineered from the ground up for pre-approved participants who require “a new standard of onchain verifiability,” Boundary labs said…
-
-
Exodus Launches Stablecoin Designed for AI Agents
XO Cash stablecoin allows purchases without private key control
Crypto wallet maker Exodus Movement has launched a new stablecoin designed expressly for AI agent commerce. The Solana-based XO Cash stablecoin and its software toolkit will let AI agents make payments without giving them control over private keys. Built with the on-and-off-ramp fintech MoonPay, XO Cash lets developers create wallets linked to an agent while setting spending limits and issuing…
-
2026 Wrench Attacks Spike to $101M
Violent crypto thefts double 2025 losses in four months
Violent wrench attacks against wealthy crypto holders have spiked in the first four months of 2026, with more than $101 million stolen. Europe leads the way with this type of theft, with France the epicenter of these attacks. Of the 34 wrench attacks documented by crypto security firm CertiK so far this year, 28 were in Europe and 24 in…
-
65% of Crypto Card Spending On Everyday Expenses: Survey
EU cardholders most likely to spend on groceries, online shopping
Fully 65% of crypto card spending is on everyday expenses, according to a new survey of European card holders. Looking at a survey of 1,000 Simple Wallet cardholders found that 65% of transactions were for “routine expenses such as groceries, subscriptions like Netflix and Spotify, transport, utilities, online shopping, and cafes.” About 18% went to travel and cross-border spending, while…
