institutional finance Archives - Coin Engineer

Plume and World Liberty Financial Unite to Drive USD1 Into the Multichain Future

Yigit Taha OZTURK — Wed, 02 Jul 2025 06:47:49 +0000

Innovation never slows in crypto. As real-world assets (RWAs) converge with decentralized finance (DeFi), a game-changing partnership has emerged to reshape the landscape — and it might just define the next evolution of stablecoin utility.

Strategic Alliance Between Plume and World Liberty Financial

Plume, the EVM-compatible blockchain purpose-built for the next generation of RWA integration, has announced a strategic partnership with World Liberty Financial. The goal: to fast-track the multichain expansion of the USD1 stablecoin.

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Previously anchored to the Binance Smart Chain, USD1 now becomes a core reserve asset in the Plume ecosystem, backing its native stablecoin pUSD. This move empowers users to access institutional-grade RWA finance across Plume’s rapidly growing network.

USD1: A New Standard in Stablecoin Reliability

Redeemable 1:1 for the U.S. Dollar and backed fully by U.S. government money market funds and equivalents, USD1 avoids complex yield mechanisms, prioritizing clarity and institutional trust.

Chris Yin, CEO of Plume, highlighted, “Being selected by World Liberty Financial as their strategic multichain partner confirms our vision. With USD1 embedded into our infrastructure, we open up composable new use cases that reshape how RWAs interact with DeFi.”

A New Chapter for Yield and Collateralization

Following the launch of Plume’s mainnet — which debuted with over $250M in real-world asset value and 100,000+ wallets — USD1 now unlocks new yield opportunities within Nest, Plume’s flagship staking protocol. It also provides a stable form of collateral for RWA exposure.

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Blockdaemon Launches Earn Stack: Institutional DeFi Without Custody

Yigit Taha OZTURK — Fri, 20 Jun 2025 16:00:43 +0000

Institutional finance is entering a new frontier—and Blockdaemon is leading the charge. The infrastructure giant has launched Earn Stack, a non-custodial DeFi and staking platform tailored specifically for institutional use.

This could mark a defining moment in how big money enters decentralized finance.

Over 50 Protocols, Zero Custody Risk

Blockdaemon’s new platform enables yield farming and proof-of-stake (PoS) staking across more than 50 blockchain networks—without requiring asset custody.

Compliant with ISO 27001 cybersecurity and SOC 2 data standards, Earn Stack promises full slashing protection and seamless DeFi access via institutional-grade APIs.

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CEO Konstantin Richter emphasized, “Crypto-native institutions and protocol developers demand enterprise-level infrastructure. Earn Stack is that foundation.”

Plug-And-Play DeFi Access for Institutions

With a no-code widget, Earn Stack allows institutions to embed multichain staking and DeFi functionality in their platforms. For advanced setups, the suite includes:

DeFi API aggregating liquidity and price data
Staking API standardizing access across blockchains
Reporting API to monitor staking rewards

The move comes at a time when staking demand—especially for Ethereum (ETH)—is surging, with over 35 million ETH staked.

ETF analysts now expect the first staking-based ETFs for Ethereum and Solana (SOL) to debut in the U.S. within weeks, heightening the relevance of Blockdaemon’s institutional solution.

The company has also hinted at a possible IPO in 2026, underlining its growing ambition in the institutional crypto infrastructure space.

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A New Era for Digital Dollars: Société Générale Makes Its Move

Yigit Taha OZTURK — Tue, 10 Jun 2025 10:00:29 +0000

The transformation of traditional finance continues to accelerate as legacy institutions step into the blockchain arena. French banking giant Société Générale is taking another significant leap by launching a new US dollar-backed stablecoin that will operate on both the Ethereum and Solana blockchains.

Introducing USD CoinVertible (USDCV)

On June 10, Société Générale-Forge announced the launch of USD CoinVertible (USDCV), a new stablecoin pegged to the US dollar. Built to function across Ethereum and Solana, the coin’s reserves will be safeguarded by UK-based financial services firm BNY, lending strong institutional credibility to the project.

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This launch follows the company’s euro-pegged EUR CoinVertible (EURCV) released in April 2023. CEO Jean-Marc Stenger stated that offering a US dollar counterpart was the logical next step as stablecoin adoption accelerates worldwide.

Real-Time Settlement and Broader Use Cases

The new USDCV is designed to enable seamless 24/7 conversions between fiat and digital currencies. It supports a wide range of use cases, from crypto trading and cross-border payments to foreign exchange operations and onchain settlement.

Expected to begin trading in July, USDCV will be listed on several cryptocurrency exchanges. Institutional, corporate, and retail clients will access the coin via brokers and payment service providers. However, neither USDCV nor EURCV will be accessible to US residents.

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