PayPal has dramatically expanded the reach of its U.S. dollar-backed stablecoin PYUSD by deploying it across nine additional blockchains through LayerZero’s technology. The creation of PYUSD0, a permissionless token that unifies liquidity across networks, positions PayPal to compete more directly with major stablecoin issuers like Tether and Circle while maintaining full regulatory compliance and 1:1 dollar redeemability.
about PayPal Expands PYUSD Stablecoin to 9 Blockchains via LayerZeroStargate
0 in Finance and 0 in Crypto last weekPYUSD Expands to 9 Blockchains via LayerZero
PayPal’s PYUSD stablecoin has expanded its reach to nine additional blockchains through LayerZero’s interoperability protocol, marking a significant milestone in the token’s growth. With a market capitalization reaching $1.3 billion—an all-time high—this strategic expansion enhances PYUSD’s utility across decentralized ecosystems while positioning PayPal more competitively against established stablecoin giants Tether and Circle.
about PYUSD Expands to 9 Blockchains via LayerZeroWormhole Challenges LayerZero’s $110M Stargate Bid
The Wormhole Foundation has publicly challenged LayerZero’s $110 million acquisition bid for cross-chain protocol Stargate, calling the offer ‘unreasonably low’ and not compelling. This comes after LayerZero updated its bid on Sunday to better community reception following an initial failed attempt in August. Wormhole claims it deserves a more competitive bidding process and is prepared to submit a ‘meaningfully higher bid’ for Stargate, which facilitates asset transfers between different blockchain networks. The acquisition battle highlights the strategic value of cross-chain infrastructure in the evolving DeFi ecosystem.
about Wormhole Challenges LayerZero's $110M Stargate BidVeChainThor Launches Cross-Chain Bridge with Wanchain
VeChainThor has partnered with Wanchain to launch its first cross-chain bridge, significantly boosting interoperability by connecting to over 40 blockchains, including Ethereum, Bitcoin, and Solana. The integration is part of VeChain’s ‘Renaissance’ upgrade, which also introduces Stargate, a new staking platform where users can mint NFTs representing their staked VET tokens. These NFTs earn VTHO rewards and grant governance rights. The bridge leverages Wanchain’s advanced cryptographic security, including Secure Multiparty Computation (sMPC), ensuring decentralized and non-custodial asset transfers. Early metrics show strong adoption, with 7.3K Node NFTs minted and 4.6B VET staked, generating $101M in TVL. VET’s price has surged 16% in a week, reflecting growing investor confidence.
about VeChainThor Launches Cross-Chain Bridge with WanchainVeChain’s Renaissance 2025: Galactica Testnet & Staking Upgrades
VeChain’s Renaissance 2025 initiative is in full swing with the rollout of the Galactica Testnet and Stargate, featuring dynamic gas fees, 100% fee burns, and NFT-based staking. The network has transitioned to a validator/delegator model, allowing broader participation while maintaining stability. Key upgrades include enhanced Ethereum Virtual Machine (EVM) compatibility, a shift toward Weighted Delegated Proof of Stake (WDPoS), and JSON-RPC integration for seamless developer access. Additionally, VeChain has achieved MiCAR compliance, enabling legal token use across the EU, further solidifying its position in enterprise blockchain development. These changes aim to foster long-term engagement, deflationary tokenomics, and cross-chain interoperability.
about VeChain's Renaissance 2025: Galactica Testnet & Staking UpgradesVeChain StarGate Upgrade Launches July 1, 2025
The VeChain StarGate upgrade, launching on July 1, 2025, is a major milestone in the Renaissance roadmap, introducing transformative features like NFT-based staking collateral and enhanced governance. The upgrade replaces passive VTHO yield generation with an active staking model, encouraging long-term participation. Users can now stake up to 600 million VET, a significant increase from the previous 25 million limit. New Economic Node tiers (Dawn, Lightning, and Flash Nodes) offer flexible staking options, while Delegator Node NFTs enable on-chain governance. The StarGate phase precedes full Hayabusa integration, with Interstellar completing the roadmap by aligning VeChain with Ethereum’s toolchain. VET is currently trading at $0.02, up 1.2% in the past day.
about VeChain StarGate Upgrade Launches July 1, 2025VeChain’s StarGate Upgrade Boosts Staking & Security
VeChain’s StarGate upgrade, launching July 1, 2025, marks a major milestone in the blockchain’s evolution. The upgrade raises the maximum staking limit for validators from 25 million to 600 million VET, enabling larger holders and institutions to bolster network security. It also introduces delegator rewards, where non-validators can stake through nodes and earn 70% of block rewards. StarGate is part of VeChain’s Renaissance roadmap, which includes NFT staking and VTHO reward adjustments to incentivize long-term holding. A 5.48 billion VTHO reward pool ($14–15M) will incentivize early adopters. The upgrade aims to enhance decentralization, scalability, and real-world adoption for businesses and developers.
about VeChain's StarGate Upgrade Boosts Staking & SecurityVeChain’s StarGate Staking Launch: Key Details & Predictions
VeChain’s StarGate staking program, launching on July 1, introduces a dynamic staking model that replaces passive VTHO earnings with active participation rewards. Early X-Node holders benefit from multipliers, with rewards scaling up to 5x for large stakes. The upgrade also includes 100% transaction fee burns and paves the way for cross-chain interoperability in the final ‘Intergalactic’ phase. Analysts are bullish, forecasting VET could reach $0.15 by 2025, while current trading shows a 20% volume surge. The StarGate launch is a pivotal moment in VeChain’s broader roadmap, aiming to enhance decentralization, security, and real-world blockchain integration.
about VeChain's StarGate Staking Launch: Key Details & PredictionsOpenAI Secures $200M Defense Deal for AI Government Use
OpenAI has introduced ‘OpenAI for Government,’ a new division consolidating its public-sector AI projects, starting with a $200 million pilot contract with the Department of Defense. The initiative focuses on non-combat applications, such as healthcare and data analysis, aligning with OpenAI’s revised policies permitting limited military use. Other federal agencies, including NASA and the Department of the Treasury, are already collaborating with OpenAI. Meanwhile, Elon Musk’s xAI faces scrutiny over alleged conflicts of interest in its DHS data analysis. The article also mentions the $500 billion Stargate AI initiative involving OpenAI, Oracle, and SoftBank under the Trump Administration.
about OpenAI Secures $200M Defense Deal for AI Government UseVeChain Leads $16T Tokenization Market by 2030
VeChain is positioning itself as a frontrunner in the tokenization of real-world assets (RWAs), a market expected to reach $16 trillion by 2030. The platform’s unique RWA stack, powered by Proof of Authority (PoA 2.0) and a dual-token model (VET and VTHO), ensures scalability, low energy consumption, and stable transaction costs. VeChain’s ToolChain enables enterprises to tokenize assets without coding, while its integration with DNV provides ESG data verification. The upcoming Stargate upgrade will enhance EVM compatibility, and a $15 million VTHO incentive program aims to boost early adoption. Case studies like BMW’s VerifyCar highlight VeChain’s practical applications in industries like automotive, offering transparency and traceability.
about VeChain Leads $16T Tokenization Market by 2030VeChain Launches New Eco Nodes with Staking Rewards
VeChain unveiled its new Eco Node system on June 5, part of the Renaissance initiative, simplifying access to staking rewards with tiers starting at just 10,000 VET. The Dawn, Lightning, and Flash nodes offer increasing reward multipliers (1.0x, 1.15x, and 1.3x, respectively), replacing the previous rigid structure. This update precedes the StarGate launch on July 1, which will modify VTHO distribution rules and offer bonus rewards. Additionally, VeChain announced VET staking support on Bitrue Launchpool, with B3TR token rewards. Despite a recent 2.89% price drop, technical analysis indicates a potential breakout, with targets up to $0.02612 (a 12.88% gain).
about VeChain Launches New Eco Nodes with Staking Rewards