Stablecoin yield project Osero has officially launched Osero App and opened it to all users. According to its website, the app is currently offering an annual percentage yield of 3.52%. Supported assets include USDC.e, USDe, AUSD, GHO, PYUSD, RLUSD, USDD, USDG, USDtb, and frxUSD. Osero says the yield comes from sUSDS and the savings rate mechanism within the Sky Ecosystem. Earlier reporting from Foresight News said Osero was incubated by Stablewatch and raised $13.5 million in May this year, with Sky Ecosystem and Plasma co-leading the round. The launch marks the public rollout of the app after that financing update.

Stable has released an updated white paper outlining a blockchain design centered on stablecoins rather than volatile native assets. The project says USDT will serve as the network’s native gas token and primary settlement asset, allowing users to transact without holding a separate volatile token. The network will also support PayPal-issued PYUSD as a first-tier settlement asset. On tokenomics, STABLE has a total supply of 100 billion tokens. About 18 billion tokens, or 18% of supply, were placed into circulation at token generation, including a 10% Genesis Distribution and an 8% first-day unlock for the foundation. The remaining 82 billion tokens, equal to 82% of total supply, were placed into a Universal Lock. According to the white paper, those locked tokens will be released in seven stages starting on Dec. 8, 2027, with all tokens expected to enter circulation by Dec. 8, 2029 at the latest through daily linear unlocks. The document also includes a price protection mechanism that allows an unlock stage to be delayed by as much as nine months if the token’s 30-day volume-weighted average price before the scheduled release date falls below $0.025.

Stable has released an updated white paper outlining a blockchain design built around stablecoins rather than treating them as application-layer assets. Under the model, USDT will serve as the network’s native gas asset and primary settlement asset, allowing users to transact without holding a separate volatile token. The network will also support PayPal-issued PYUSD as a first-tier settlement asset. The document also details STABLE’s tokenomics. Total supply is set at 100 billion tokens, with about 18 billion, or 18%, entering circulation at token generation. That initial float consists of a 10% Genesis Distribution and an 8% first-day unlock for the foundation. The remaining 82 billion tokens, or 82% of supply, will be placed into a Universal Lock pool. According to the white paper, those locked tokens will be released across seven stages from Dec. 8, 2027 to June 8, 2029, with daily linear vesting and full circulation expected by Dec. 8, 2029 at the latest. The plan also includes a price protection mechanism: if the 30-day volume-weighted average price before a scheduled unlock falls below $0.025, that unlock stage can be postponed by as much as nine months.

PayPal’s second-quarter results showed a business that beat expectations on headline numbers while revealing a more complicated picture around its stablecoin push. The company reported $8.68 billion in revenue, total payment volume of $486.4 billion, and raised its full-year adjusted EPS outlook to about $5.38. At the same time, management elevated PYUSD’s role inside the company, folded it into a new “Payment Services & Crypto” segment, and described the token as a key enabler for PayPal World and a “commerce-first” stablecoin aimed at consumers and merchants. That strategic messaging is running into weaker on-chain momentum. PYUSD supply climbed to roughly $4.2 billion in March after expansion to 70 markets and deployment across nine blockchains, but fell about 31% by the end of the second quarter to around $2.7 billion. As of early August, circulating supply stood at about 2.7 billion PYUSD, with a market cap near $2.72 billion and a stablecoin ranking around No. 32 on CoinGecko. A second pressure point comes from Open USD, a consortium-style project announced on June 30 and expected to launch in the second half of 2026. Operated by Open Standard and backed by more than 140 partners including Visa, Mastercard, Stripe, Shopify, BlackRock, BNY, Standard Chartered, Google, IBM, Coinbase, Solana and Aave, the project uses a different economic model from PYUSD. PayPal is one of its partners, meaning the company is supporting its own branded stablecoin while also reserving a place in a broader industry network.

Solana remained the top chain by decentralized exchange volume in the second quarter of 2026, but the network’s underlying revenue picture weakened as both trading activity and fee generation fell from earlier highs. In a quarterly report by Galaxy Digital Vice President of Research Lucas Tcheyan, Solana’s DEX volume dropped 45% from the previous quarter even as it held the No. 1 position for a seventh straight quarter. Network fees fell about 44%, while application fees declined 31% to $552 million, with revenue still heavily concentrated in meme-coin activity. At the same time, the report argues that Solana’s larger story is no longer just low-cost, high-throughput execution. The chain is trying to reposition itself as infrastructure for tokenized equities, stablecoins, lending, and other forms of on-chain finance. That shift showed up most clearly in real-world assets. Solana’s RWA value crossed $3 billion in June for the first time, tokenized stocks became the largest single RWA category on the chain, and Solana handled more than 95% of all tokenized equity trading during the quarter. The report says the key question for the second half of 2026 is whether that tokenized asset base can be turned into durable borrowing demand, collateral usage, trading activity, and fee income. In other words, the issue is no longer whether Solana can support these assets technically. It is whether the network can convert new issuance and distribution into lasting economic value.

Sentora has launched a curated lending vault on Morpho that lets users deposit PayPal USD (PYUSD) while taking exposure to loans backed by mWIN, a token issued by Midas and tied to an actively managed credit portfolio run by Wellington Management. The setup brings a large traditional asset manager’s native onchain credit strategy into DeFi collateral markets rather than wrapping an existing offchain fund after launch. As of Aug. 6, the vault was close to its 10 million PYUSD cap, while the underlying market showed $3.91 million in borrowing against $6.44 million in posted collateral. Sentora said the product carries duration and credit risk and should not be treated like a yield-bearing stablecoin. The vault’s headline net APY of 8.31% was driven mostly by PYUSD incentives, while the base yield excluding rewards was 0.70%.

Mastercard said it has completed its acquisition of stablecoin infrastructure firm BVNK, a deal aimed at tightening links between crypto assets and traditional payment rails. The company said BVNK’s technology and expertise will be used to help financial institutions, fintech firms, and enterprises broaden the use of stablecoins and tokenized assets across B2B payments, payouts, settlement, and treasury management. Mastercard did not disclose the final purchase price, though it had said in March that the agreement could be worth as much as $1.8 billion. BVNK, founded in 2021, said the acquisition will not affect its existing operations or client service and should speed up access to Mastercard’s broader payment reach, card capabilities, and new global money movement tools. The move adds to Mastercard’s recent crypto push, including a June expansion of settlement support for fiat and regulated stablecoins such as USDC, PYUSD, and RLUSD, and a crypto partner program launched in March that has attracted more than 85 crypto companies.

Tether reported $1.5 billion in net operating profit for the second quarter of 2026, according to its latest assurance report from BDO. Total assets stood at $187.75 billion and total liabilities at $183.64 billion, while USDT kept more than 60% of the global stablecoin market. The headline numbers were strong, but one balance-sheet figure moved in the opposite direction: excess reserves fell from $8.23 billion at the end of the first quarter to $4.11 billion at the end of the second. The article traces that drop to several factors disclosed in the report and discussed in the analysis, including unrealized losses on gold and bitcoin holdings, continued capital deployment, spending tied to Tether’s USAT infrastructure, and operating costs. It also points to a 15% reduction in secured loans, ongoing dependence on U.S. interest rates for profitability, and the lack of a timeline for the full audit Tether said in March 2026 would be conducted by KPMG. The piece also examines rising competition from Circle’s USDC, the regulatory implications of the proposed GENIUS Act, slowing USDT supply growth, and the question of whether Tether’s reserve strategy is optimized for stablecoin backing or for broader corporate expansion.