Daily Summary2026-10-01
Stories clustered across sources, with day-to-day continuity and threading.
Open USD Launches as Stripe's Default Stablecoin, With Equity-for-Usage Model
Open USD launched as Stripe's default stablecoin per The Defiant, with Mastercard, Visa and Coinbase integrations cited and the Coinbase-backed token live on Ethereum, Solana and Base. Circulating value reportedly passed $470 million within two hours, over 90% on Tempo Chain. CoinDesk reports the model distributes equity to platforms using the coin — distinct from Tether and Circle's reserve-yield economics.
Bitget Hack Funds Enter Zcash
Bitget resumed withdrawals and raised its hack estimate to approximately $387.5 million, attributing the breach to third-party product vulnerabilities, per coverage. The attackers moved roughly $4 million into Zcash's shielded pool — via what coverage calls the Ironwood upgrade — after NEAR Intents' SHIELD layer blocked over $50 million in swap attempts, per CoinDesk and Decrypt. Cointelegraph separately examines whether THORChain's refusal to blacklist attacker addresses invites prosecution.