News

According to Foresight News, Optimism co-founder Karl Floersch stated at the EthCC[9] conference that Ethereum is entering a key stage of transformation from technical standardization to "specialization and customization." Karl pointed out that the technological evolution of Layer 2 has progressed from initial independent development and EVM equivalence to a modular architecture that supports segmented demands. For enterprise-level large-scale adoption, the current technical priorities are offering configurable compliance, deterministic latency SLAs (Service Level Agreements), and custom fee economic models. Karl emphasized that with open-source architectures like OP Stack, which involve no "lock-in" risk, enterprises can customize blockchain space according to specific business needs without compromising ecosystem compatibility. By leveraging the battle-tested security and interoperability of Ethereum, blockchain technology is rapidly accelerating the migration from Web2 models to Web3 native applications, aiming to achieve a fundamental upgrade of the global financial system and enterprise infrastructure.

According to Odaily, former a16z crypto investor Sam Broner has announced the co-founding of The Better Money Company along with his college friend Adam Zuckerman, and the completion of a $10 million seed round. The round was led by a16z crypto, with participation from BoxGroup and Sunflower Capital, as well as angel investors including Circle co-founder Sean Neville and former Microsoft executive Charlie Songhurst. The company aims to establish a stablecoin clearinghouse, providing customers with low-cost services for exchanging different US dollar-pegged tokens. Broner previously worked at a16z crypto for over two years, focusing on stablecoin investments. Zuckerman previously worked at the law firm Latham & Watkins and later served as chief legal officer at Eigen Labs. The two founded the company in November last year, and have already secured commitments from issuers including Paxos, Bridge (a Stripe subsidiary), and MoonPay. The platform plans to support all tokens compliant with the enacted Genius Act, but not USDT; the US version, USAT, is unaffected. The product has not yet been publicly launched and is expected to open to customers in the coming weeks.

Foresight News reports that the Canton Foundation posted on Twitter stating that Circle has become a Canton Network super validator. USDCx is now live on Canton. USDCx is a stablecoin backed by USDC and features full Canton privacy protection capabilities.