Stablecoin issuer Circle appears set to deepen its role in decentralized finance by preparing a native launch of USD Coin (USDC) on Hyperliquid’s Layer 1 chain, HyperEVM.

On Sept. 12, blockchain researcher MLM Blockchain flagged test transactions involving USDC on HyperEVM’s mainnet, suggesting that a native deployment could roll out in the coming weeks.

Adding to speculation, the same wallet connected to Circle recently acquired about $5 million worth of Hyperliquid’s HYPE token.

The purchase reinforced the view that Circle is positioning itself more deeply in the Hyperliquid ecosystem. If the launch goes live, HyperEVM would join 24 other networks that already support USDC, including Ethereum, Solana, and the XRP Ledger.

Circle’s USDC is the second-largest stablecoin in the industry, with a market capitalization of more than $72 billion. Hyperliquid, on the other hand, is the dominant decentralized perpetual exchange, controlling more than 60% of the market.

USDC situation on Hyperliquid

The potential launch follows a public statement from Circle CEO Jeremy Allaire, who wrote that the company intends to be “a major player and contributor” within the Hyperliquid ecosystem.

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According to him:

“We are coming to the HYPE ecosystem in a big way. We intend to be a major player and contributor to the ecosystem. Happy to see others purchase new USD tickers and compete Hyper fast native USDC with deep and nearly instant cross chain interoperability will be well received.”

Yet Circle’s push comes as Hyperliquid prepares to introduce its native stablecoin, USDH. That project has drawn attention from major players such as Native Market, Paxos, OpenEden, and Agora, signaling a real challenge to Circle’s position.

Over the past year, Hyperliquid has relied heavily on Circle’s stablecoin to power its markets, with around $5.773 billion in USDC supply on the platform. That concentration means Hyperliquid accounts for roughly 8% of all USDC in circulation, making it one of Circle’s most dominant chains, according to DeFiLlama data.

So, should liquidity migrate to USDH, Circle could lose as much as $200 million in annual revenue, which might impact its business.

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The price of the Ondo Finance token increased 12% over the last 24 hours to reach $1.13 on September 12, 2025. The rally follows massive hype, centering on tokenized US stocks and ETFs launched through Ondo Global Markets.

Surge is positioned as a leader in the booming real-world assets (RWA) sector, bringing it into the spotlight when facility partnerships grow and traders surpass their year-end price targets.

24 hours7d1Y

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Ondo Finance: The forefront of real-world assets

Ondo is once again proving his worth with the launch of his global market platform on September 3, 2025. In just nine days, the platform has surpassed $160 million on TVL, adding $30 million over the past 24 hours alone.

This explosive growth has bolstered Ondo as a #1 platform that tokenizes US stocks and ETFs, much slower than competitors like Xstocks ($62 million TVL).

(Source – dune.com)

The global market allows non-US investors to access over 100 US stocks and ETFs, including funds such as Apple, Nvidia, and QQQ.

This removes barriers such as high rates and geographical restrictions, opening the door for investors around the world to directly leverage US financial markets through blockchain technology.

(Source – app.ondo.finance)

Recent developments, such as the partnership between Ondo and Ledger, have made seamless trading and storage of these tokenized assets possible directly within Ledger Live. This move significantly improves the user’s experience while enhancing security through the original LEDGER’s independent hardware solution.

Ondo is also strategically expanding its ecosystem by acquiring companies such as Oasis Pro and launching the Ondo Catalyst Fund at Pantera Capital.

$ ondo With the launch of Ondo Global Markets, today we are making history

Over 100 tokenized stocks and ETFs will be live on Ethereum.

This allows you to rebuild and press RWAS $ ondo Heading towards a new high.

The next thing is pic.twitter.com/hcp5dc1k4e

– Our Cryptotalk (@ourcryptotalk) September 3, 2025

With the integration of BNB chains and Solana planned later this year, Ondo is expanding its scope across major ecosystems. Growing speculations about future revenue sharing dynamics, such as buybacks and burns, evolve it into cash flow generating assets, driving a highly bullish long-term growth narrative.

Discovered: 20+ Next Cryptocurrency Exploding in 2025

ONDO Finance Price Action and the momentum of the bullish crypto market

ondo ▲6.05%The recent surge in 2018 is supported not only by basics, but also by strong technical momentum and overall bullish sentiment in the crypto market as a whole. Over the past 24 hours, Ondo’s trading volume has skyrocketed to $500 million, indicating a flood of new participants entering the market.

(Source – coingecko.com)

Tokens have recently erupted from a downward bullish pattern supported by increased volume and new, fundamentally powerful features.

The next zone is the price mark of $1.10. This has been tested three times before. The more one resistance is tested, the weaker it becomes and eventually it will surge to the next one. That’s about $1.6, and even the $2.5 that traders want.

(Source – tradingView.com)

The overall crypto market also plays a major role in the Ondo Finance push at this price. As Bitcoin continues to maintain positive macroeconomic data on risk assets, it is expected to develop further on ONDO price.

Capital will turn into high-risk, high-reed assets. In particular, in the RWA story, players from agencies like Fidelity and JP Morgan have entered the space through partnerships with Ondo and others.

Emerging markets are also fostering adoption, especially after Ondo was added to Indonesia’s legal cryptography list on September 1st. As Asia leads crypto rates, Ondo can gain some significant liquidity that will raise prices even further.

Overall, the powerful ONDO trends can definitely shoot prices below $2.5 or even make them even higher.

Discovered: Top Solanamime Coins to Buy in 2025

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What you need to know

• OnePlus launches AI PlayLab for user-driven feature testing and feedback
• New AI features YumSee and Party Up enhance user experience with translations and animated photos
• Early testers gain exclusive access to upcoming features and influence OnePlus’s AI development

OnePlus has been making some power moves lately that is making some heads turn. From ditching its long term camera partner, to now opening up its AI space to users.

In a recent community post, the company says that it’s now launching its first ever OnePlus AI PlayLab, that essentially allows people to ” test, explore, and shape the future of AI features” in the OnePlus ecosystem.

Which means if you can come up with a fun AI feature that could help users at large do things quicker or with ease, “from generating summaries of articles and audio to creating unique social media content, the possibilities are vast, and your feedback will directly guide what comes next,” OnePlus added.

It doesn’t just end there, OnePlus users who sign up by filling out quick questionnaire also get dibs on checking out new features ahead of launch. Additionally “Early testers” can also give feedback to help OnePlus fine tune or even change certain AI features to help it function better.

New AI features on the way!

Additionally, OnePlus also showed a preview of two new AI features that is currently being tested: YumSee and Party Up. Yumsee is a text translation AI feature that translates menus on the go. Imagine you’re on vacation and are having trouble understanding the cuisine.

YumSee comes into play. All you have to do is upload or take a photo of the menu, then select your preferred language and currency. YumSee uses its AI to clean and translate the text, and basically recreate the restaurant’s menu in the language you understand. Pretty cool, eh?

As of Party Up, it basically brings still photos to life, turning them into “live party-themed” videos. OnePlus adds that Party Up uses AI to animate static photos, to “gain movement, music, and magical effects.” Instead of manually editing, you can use one of its templates to turn images into short-form videos.

“We built tasteful, vibe-driven templates based on the most common celebration moments,” the post stated.

Begin by choosing an image, select the template that matches your vibe, such as “Party Dance,” “Party Cheers,” or “Birthday Party.” The AI will then detect subjects, apply natural motion, and layer in effects to create a video, which can be shared on different platforms. Users can give both these features a go via OnePlus’ AI PlayLab.

CBOE Global Markets announced plans to launch Bitcoin and Ethereum continuous futures contracts on Nov. 10, pending regulatory review.

According to a Sept. 9 announcement, the new product suite debuts on CBOE Futures Exchange with contracts structured as single, long-dated instruments featuring 10-year expirations.

This design eliminates periodic rolling requirements that characterize traditional futures contracts, simplifying position management for traders seeking long-term digital asset exposure.

The continuous futures will be cash-settled and aligned to real-time spot market prices through daily cash adjustments using a transparent funding rate methodology.

CBOE Clear US, a derivatives clearing organization regulated by the Commodity Futures Trading Commission (CFTC), will clear the contracts within the exchange’s regulated framework.

Global head of derivatives at CBOE, Catherine Clay, said the launch brings perpetual-style utility that gained adoption in offshore markets to US traders.

She noted that the products target institutional participants, existing Cboe Futures Exchange (CFE) customers, and retail traders seeking access to crypto derivatives.

Regulatory opening

The announcement coincides with increased regulatory coordination between the SEC and CFTC, which will hold a joint roundtable on Sept. 29 to advance digital asset oversight harmonization.

The agencies acknowledged in a Sept. 5 statement that fragmented regulation had discouraged innovation and driven crypto activity overseas.

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SEC Chairman Paul Atkins and CFTC Acting Chairman Caroline Pham emphasized that coordination failures created uncertainty, hindering economic activity even for legally permissible products.

The regulators stressed that harmonization can lower barriers, improve efficiency, and reaffirm US leadership in financial markets.

The Sept. 29 roundtable will examine measures to align US markets with the global economy, including expanded trading hours, frameworks for perpetual contracts, and portfolio margining coordination.

The agencies plan to review exemptions providing safe harbors for decentralized finance projects while maintaining investor protection standards.

CBOE’s continuous futures launch builds on the exchange’s expanding CFE product suite, which includes VIX futures and products based on equity volatility, crypto, and global fixed income.

The introduction represents a step toward onshoring compliant perpetual swap trading that currently operates primarily on offshore platforms.

CBOE’s Options Institute will host public educational courses on continuous futures on Oct. 30 and Nov. 20 to prepare market participants for the new contracts.

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Bloomberg analyst Eric Balchunas said the first US exchange-traded fund linked directly to Dogecoin will debut Thursday, Sept. 11.

In a Sept. 9 update on X, he said Rex-Osprey’s planned DOGE ETF (ticker: DOJE) signals the start of what he described as the “memecoin ETF era.”

Balchunas emphasized the fund’s unusual nature, noting that it would be the first U.S. ETF designed to hold an asset “with no utility on purpose.”

DOJE ETF

This development comes barely a week after Rex-Osprey filed for the ETF product with the US Securities and Exchange Commission (SEC).

The quick turnaround can be linked to the fact that DOJE was registered under the Investment Company Act of 1940, a strategy that speeds up approval compared with the traditional 19b-4 process required for spot crypto ETFs.

Under this approach, the fund is structured as a C-corporation that provides DOGE exposure through a Cayman Islands subsidiary.

Notably, the same framework was used for its Staking Solana Fund (SSK), giving the firm a track record of navigating the structure.

However, this setup often draws skepticism from some investors who cite concerns about potential double taxation.

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Nonetheless, this approach would allow an issuer to move quickly, while rivals might remain in the queue because they apply through the Securities Act of 1933 route.

DOGE treasury firm

The ETF development coincides with a major corporation adopting Dogecoin for its digital asset treasury initiative.

On Sept. 8, CleanCore Solutions, Inc., a company listed on the NYSE American exchange, revealed that it purchased 285.4 million DOGE valued at $68 million. This transaction made CleanCore the largest Dogecoin treasury holder to date.

CleanCore said the purchase is the first stage in a plan to accumulate one billion DOGE within 30 days and ultimately secure 5% of the token’s circulating supply.

The Dogecoin Foundation and its corporate arm, House of Doge, backed the initiative. Their strategy positions DOGE as a digital asset for payments, tokenization projects, staking-style products, and cross-border transfers.

To provide custody and execution for the new treasury, the House of Doge also announced a partnership with Bitstamp USA, which now operates under Robinhood (NASDAQ: HOOD). Under the agreement, the Official Dogecoin Treasury will be managed on Bitstamp by Robinhood’s platform.

According to the partners, this setup is intended to strengthen transparency and stability while laying the foundation for yield-bearing products that could expand Dogecoin’s role in mainstream finance

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Ripple has expanded its European footprint by joining forces with Spanish banking giant BBVA to introduce a digital asset custody service.

Announced on Sept. 9, the initiative extends Ripple’s institutional custody platform into Spain, giving BBVA the tools to store and manage cryptocurrencies and tokenized assets securely.

BBVA can scale its digital asset offering by deploying Ripple’s custody technology while staying within strict regulatory and security standards. The service positions the bank to meet rising demand from customers who want direct access to crypto without relying on third-party intermediaries.

This move comes as BBVA rolls out retail services for Bitcoin and Ethereum trading and custody in Spain. The bank’s customers can now buy, sell, and hold the two top cryptocurrencies directly through its mobile application.

BBVA said it has disclosed the new retail offering to Spain’s National Securities Market Commission (CNMV).

The bank stressed that all services are designed to comply with the EU’s new Markets in Crypto-Assets (MiCA) law, meaning customers initiate transactions themselves through the app.

MiCA compliance

Ripple’s European managing director, Cassie Craddock, said these developments reflect the market impact of MiCA among traditional European banks. With MiCA now in place, she explained, banks across the bloc feel more confident about launching digital asset services that customers have requested.

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BBVA executives echoed this sentiment, while adding that the partnership allows the bank to expand its end-to-end crypto services

Francisco Maroto, who leads BBVA’s digital asset unit, noted that Ripple’s custody system offers the operational reliability and security needed to build customer trust.

He added:

“Through this agreement we can deliver on our goal of supporting our customers to explore digital assets, backed by the strength and security of a bank like BBVA.”

This collaboration follows earlier projects between Ripple and BBVA in Turkey and Switzerland.

Notably, BBVA’s Switzerland had previously collaborated with Ripple-owned Metaco to build its digital asset operations in 2023.

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