Tag: Europe

Aleo and Paxos Labs Partner on Privacy-Preserving Dollar Stablecoin

By Aaron Watts Key highlights: Aleo and Paxos Labs are introducing USAD, the first U.S. dollar stablecoin to combine zero-knowledge privacy with enterprise-grade issuance. The move follows growing regulatory clarity, with U.S. and European lawmakers advancing stablecoin oversight frameworks. USAD differentiates itself from market leaders like USDC and USDT by encrypting identities and amounts while […]

Andre Cronje’s Flying Tulip Raises $200M, Plans Ambitious DeFi Platform

By Marco Piccolo Key highlights: Andre Cronje’s new project Flying Tulip raises $200 million in seed funding, valuing the platform at a $1 billion fully diluted valuation. The platform will feature a unified DeFi ecosystem with spot trading, derivatives, lending, stablecoins, and insurance. Investors receive downside protection through an “onchain redemption right,” while the team […]