One token that keeps hitting the max is bSOL, the LST issued by Solana validator service SolBlaze. The 5,000 bSOL tokens currently deposited on MarginFi represent nearly 7% of all bSOL tokens in existence; even more are waiting on the sidelines, said the pseudonymous founder of SolBlaze (who goes by SolBlaze). The founder is cutting trading deals across Solana DeFi to increase bSOL’s prominence, and thus its liquidity, and therefore its caps on MarginFi.
Ripple Integrates $700M RLUSD Stablecoin in Africa, Increasing Its Ecosystem
Ripple introduced plans to introduce its U.S. greenback–backed stablecoin, RLUSD, to new markets in Africa. This builds on its technique...