Search results for USDS
Crypto
Ocero raises $13.5 million led by Sky for stablecoin yield infrastructure
Stablecoin yield infrastructure project Ocero has raised $13.5 million. The funding round was co-led by the Sky ecosystem and Plasma, with participation from USDT0, Maple, Accountable, Four Pillars, RedStone, The Rollup, and angel investors from Kairos Research. Ocero, backed by Stablewatch and Sorter Labs, offers products aimed at letting platforms attach Sky Savings Rate yields to services and enabling access across multiple chains.
Crypto
Stablecoin growth jumps despite market contraction; Q1 volume hits $8.3 trillion
Stablecoin market capitalisation hit a record about $322 billion as supply rose by $2.25 billion over the past week and first-quarter 2026 trading volume reached $8.3 trillion. The gains came as the broader cryptocurrency market shrank 21%. Stablecoins accounted for about 75% of total crypto trading in the quarter, while USDC supply expanded and USDT supply fell even as its usage metrics increased.
Industry
ByteDance valuation tops $600 billion as demand surges for founder stake sale
ByteDance, the parent of TikTok, has topped a record valuation of more than $600 billion as investor demand concentrated on a stake sale led by one of its founding members. The deal targets about $900 million in share transfers. People familiar with the matter said the seller initially priced the company at about $550 billion but raised the price amid sustained interest. ByteDance did not immediately respond to a request for comment.
