AGP Executive Report
Last update: 2 hours agoFixed-Rate Credit Gets a Boost: Morpho launched Morpho Midnight for fixed-rate, fixed-term onchain lending, starting on Base, aiming to bring traditional-style predictability to DeFi credit. Payments Command Center: Cordant emerged from stealth with an $8M seed to unify and analyze payments, compliance, and risk signals in real time for banks and fintechs. Tokenized Credit Goes Mainstream: Maple’s syrupUSDC and syrupUSDT are now tradable on 1inch, making tokenized credit positions easier to swap and track across chains. Crypto Regulation, Russia Style: Russia’s Duma passed a landmark digital currency law creating regulated categories for exchanges, brokers, asset managers, custodians, and service providers, with limits by investor type. UK Banking Pressure Under Review: The UK’s crypto industry group launched an inquiry into banks blocking crypto firms ahead of the 2027 FCA regime. Institutional Settlement Push: Visa rolled out a stablecoin treasury engine for institutions to settle merchant balances using USDC/EURC. DeFi Security Hit: Ostium halted trading after an $18M exploit tied to a compromised off-chain oracle key. Celsius Fallout: Federal court orders require Celsius co-founders to pay $6.1M+ to resolve FTC charges. Telegram Wallet Rollout: Telegram plans a native non-custodial Gram wallet inside the app this summer, powered by TON.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.