USDT Integration Boost: Stabble and Kima Network Enhance Cross-Chain Liquidity on Solana
Stabble, a high-yield liquidity platform on the solana blockchain, has partnered with Kima Network to revolutionize cross-chain and fiat deposits. This collaboration introduces a decentralized fiat on-ramp, enabling seamless transfers of $USDC and $USDT from major blockchains like Ethereum, Avalanche, and Tron directly to Solana. By eliminating the need for third-party custodians or wrappers, the integration significantly simplifies the process for users to move stablecoins across chains, enhancing liquidity and accessibility within the Solana ecosystem. This development marks a significant step forward in bridging the gap between traditional finance and decentralized finance (DeFi), offering users a more efficient and secure way to manage their digital assets. The partnership is expected to drive increased adoption of USDT and other stablecoins on Solana, further solidifying its position as a leading blockchain for high-yield liquidity solutions.
Stabble Partners with Kima Network to Simplify Cross-Chain and Fiat Deposits on Solana
Stabble, a high-yield liquidity platform on the Solana blockchain, has teamed up with Kima Network to streamline stablecoin deposits across multiple chains. The collaboration introduces a decentralized fiat on-ramp, enabling seamless transfers of $USDC and $USDT from blockchains like Ethereum, Avalanche, and Tron directly to Solana.
The integration eliminates the need for third-party custodians or wrapped tokens, reducing complexity and risk for users. Deposited funds can be immediately deployed into yield-generating liquidity pools, enhancing capital efficiency on Solana.
Scammers Impersonate Trump-Vance Committee to Steal $250K in Crypto
Nigerian fraudsters allegedly posed as members of the Trump-Vance Inaugural Committee, duping a donor into sending $250,300 worth of Ethereum-based USDT. The scheme, classified as a Business Email Compromise by U.S. Attorney Jeanine Ferris Pirro, involved a nearly identical email address with a subtle typo—replacing a lowercase 'I' with an 'L'.
The victim transferred the funds to a crypto wallet ending in 58c52 on December 26, 2024, believing it belonged to the committee. Within hours, the FBI traced 40,353 USDT.ETH via blockchain analysis. Prosecutors are seeking to recover the stolen assets.
Impersonation scams continue to exploit trust, costing Americans billions annually. This case underscores the risks of crypto transactions—even minor details like font choices can mask sophisticated fraud.
MOODENG Coin Surges 39% Following Upbit Listing Announcement
MOODENG, a meme coin, experienced a dramatic 39% price surge within minutes after South Korea's largest cryptocurrency exchange, Upbit, revealed plans to list the token. Trading will commence on July 3 at 17:00 KST with KRW, BTC, and USDT pairs.
The token skyrocketed from $0.166 to $0.231 post-announcement before a slight correction, still maintaining a 50.7% daily gain. Market capitalization ballooned from $165 million to over $200 million as trading volume spiked.
Upbit issued standard warnings about network verification and potential liquidity-related delays. The exchange's endorsement has propelled MOODENG into CoinGecko's top daily gainers, demonstrating the continued market appetite for meme coins with exchange backing.
