Axelar Launches Mobius Development Stack (MDS), A Reimagined Web3 Design Space 2017

MDS is a New Interoperability Standard Leveraging Enhanced AXL Token Utility to Power Infinite Security and Scalability Across Web3. Top L1s Are Cued to Launch; Augmentable Security via Babylon and EigenLayer; and a Vendor-Agnostic Interface Built With OpenZeppelin

Axelar, a leader in blockchain interoperability, has launched the Mobius Development Stack (MDS) on mainnet, following on-chain governance approval. MDS is the first-and-only holistic interoperability platform. MDS enables customizable, self-service integration with any on-chain or off-chain system, creating a new design space for decentralized applications. The list of upcoming layer 1 interoperability launches includes Solana, Stellar, Sui and XRP Ledger – powered by the newly launched Interchain Amplifier.

MDS is set to redefine how data, value and users connect and interact across a reimagined Web 3.0: One connection, limitless possibilities.

“What we know as ‘Web3’ was supposed to break free from walled gardens,” said Georgios Vlachos, director at Axelar Foundation and co-founder of the Axelar protocol. “Instead, we have a blockchain ecosystem where user experience is broken and developer capabilities are limited. MDS empowers developers to build decentralized applications that compose resources, logic, value and network effects freely across a truly global internet landscape.”

Axelar’s Mobius Development Stack is a platform for an omnichain world, where decentralized applications not only integrate with but also surpass traditional systems in functionality, access and user experience. This new era of internet design prioritizes openness, flexibility, and interoperability, redefining how applications are built and how users interact with them.

“Interoperability stacks have traditionally been in catch-up mode with the rapid growth in the number of blockchains,” said Sergey Gorbunov, CEO of Interop Labs and co-founder of Axelar protocol. “MDS is the first architecture that allows us to keep up with the demand. It scales to support thousands of heterogeneous blockchains offering strong security properties, and allowing innovation to continue to happen at all levels of the stack. It allows developers to easily plug in their blockchain to the ‘Internet’ of blockchains and build dApps that span all chains at the same time.”

Key Benefits of the Mobius Development Stack (MDS):

  • Self-service, customizable connections: Newly approved through on-chain governance and launched on mainnet, Interchain Amplifier introduces a novel staking approach that enables permissionless, dynamic, customizable integrations, with diverse consensus approaches like Flow, Hedera, Solana, Stellar, Sui and XRP Ledger cued up to connect.
  • Native tokens anywhere, beyond bridges: With the Interchain Token Service (ITS), anyone can access rapid tokenization of both crypto and real-world assets; tokenize assets like real estate or intellectual property, unlocking liquidity and enabling fractional ownership on any chain.
  • Connecting on/off-chain: Acting as a gateway between Web2 and Web3, MDS allows various off-chain actors (e.g., ZK co-processors, AI co-processors) to interact with Web3 dApps through a single, secure transaction on the Axelar network.
  • Limitless community: Foster omnichain user experiences, allowing developers to engage users on any blockchain. For example, NFTs can extend across multiple chains, while automating royalty payments; solutions deliver rapid RWA tokenization and unified payments and services in the DePIN space

Integrating with Leading Ecosystems to Establish Standards for Interoperability

MDS enables self-service, customizable connection to blockchains powered by any form of consensus – which is why leading L1 blockchain ecosystems are adopting, with formal launches expected in the coming weeks.

“The Sui ecosystem is making significant advances with innovations such as Mysticeti, a new consensus algorithm that offers the fastest end-to-end transactions speeds in the industry, as well as zkLogin and sponsored transactions which make onboarding new users seamless,” said Adeniyi Abiodun, co-founder and Chief Product Officer at Mysten Labs, which developed the Sui Network. “Axelar MDS will give developers the tools to compose these innovations with technology and communities across Web3.”

“Axelar developers are once again pushing the envelope on what a secure, developer-friendly and modular cross-chain tech stack can be,” said Stellar Development Foundation Chief Product Officer Tomer Weller. “We are excited about working with Axelar and look forward to this integration strengthening Stellar’s position in the rapidly evolving DeFi space.”

With Mobius, global financial services firms and blockchain innovators can connect private-chain environments to public layer 1s, unlocking the potential of tokenized assets.

“Bringing Web3 to traditional finance was meant to break down the siloed, opaque systems of the past in favor of open, transparent blockchain rails. However, without seamless interoperability, we only get part of the way there,” said Jasmine Cooper, head of product at RippleX. “Different blockchains serve specific purposes and niches, and to fully unlock the potential of real-world asset tokenization and financial use cases, cross-chain asset mobility and protocol access are crucial. By integrating the XRP Ledger with Axelar MDS, we are moving another step closer to unlocking value for both users and developers, enabling them to leverage new opportunities for interoperability and build and operate on a truly globally, decentralized network.”

Flexible Security to Meet Institutional Requirements

With MDS, Axelar will become the first institutional-grade interoperability network to integrate Babylon and EigenLayer (subject to online governance), bringing Bitcoin- and Ethereum-level security to cross-chain interactions.

“Today, we build and work in a multichain world – but one blockchain, Bitcoin, still sets the standard for security,” said David Tse, co-founder of Babylon Blockchain. “Through this integration, Axelar MDS will make Bitcoin security available to any application across Web3. It sets a new standard for secure interoperability across all chains.”

This is key for institutional participants who require the highest-quality digital collateral to secure trillions in total value locked (TVL). For the second year in a row, Axelar is supporting top-10 global investment banks with their projects at the Monetary Authority of Singapore’s Project Guardian initiative.

“Integration with Axelar Mobius Development Stack opens a universe of restaking opportunities in new use cases that were inaccessible to Eigen previously” said Luke Hajdukiewicz, EigenLayer Head of AVS BD. “Axelar and EigenLayer are reaching toward the same vision: a horizontally scalable Web3 in which developers compose freely across user networks and resources.”

Vendor-Agnostic, Open Interface

OpenZeppelin is the leader in Web3 developer tools, with smart-contract libraries that have secured over $7 trillion in value transferred. The previously announced integration into these libraries now adds an evolutionary step for interoperability: an open interface compatible with all major interoperability protocols.

“We’ve already made great progress with Interop Labs toward integrating Axelar into OpenZeppelin’s leading smart-contract libraries,” said Luca Cosivi, ecosystem development lead at OpenZeppelin. “That collaboration just took on a new dimension: a completely open set of semantics that is vendor-agnostic, so dApp developers can truly build interoperability from Day One.”

As Axelar is integrated into OpenZeppelin libraries, these open interoperability standards will be available to developers at the start of their dApp-building journey, so dApps can go multichain on Day One, without vendor lock-in.

A New Security Approach and Improved AXL Tokenomics

With the Mobius release, Interchain Amplifier launches to mainnet, following its approval by on-chain governance. This long-anticipated feature enables permissionless cross-chain connections with a novel consensus approach that exists at the smart-contract layer. This is supported by a new security approach, powered by the AXL token:

  • New chains and off-chain resources connect securely via designated groups of verifiers, and set aside pools of AXL incentives.
  • Verifiers post collateral in AXL, restaked ETH and/or restaked BTC.
  • A mechanism has been proposed to send AXL transaction fees to a burn address, instead of distributing them to tokenholders.

Protocol-level development is not needed, accelerating and expanding accessibility; any consensus mechanism or off-chain system can connect in this way.

Users can learn more about Axelar MDS: axelar.network/mobius.

About Axelar

Axelar is the Web3 interoperability platform, delivering the shortest path to scale: an open stack to connect all blockchains. Adopters include Uniswap, Microsoft and dozens of natively multichain startups, building applications to reach all blockchain users at once – 10X as many active users as the leading Web3 application environment. Axelar supports smart contracts on a cross-chain layer that is open, scalable and secure. Backers include Binance, Coinbase, Dragonfly, Galaxy and Polychain. Learn more: axelar.network.

About Axelar Foundation

Axelar Foundation is a nonprofit established to support the growth and adoption of the Axelar network, a decentralized interoperability network that connects multiple blockchain ecosystems. Users can learn more at axelar.foundation.

About Babylon

Babylon is a project that designs Bitcoin security-sharing protocols with a vision of building a Bitcoin-secured decentralised world. Its latest development is the world’s first trustless and self-custodial Bitcoin staking protocol, which enables Bitcoin holders to stake their BTC on Proof-of-Stake (PoS) systems such as PoS chains, L2s, Data Availability (DA) layers, etc, enabling them to earn yield without the need for third-party custody, bridge solutions, or wrapping services. Babylon’s approach combines the high security and wide adoption of Bitcoin with the efficiency and scalability of PoS systems, increasing Bitcoin’s utility.

About EigenLayer

EigenLayer is a protocol built on Ethereum that pioneered restaking, a new primitive in cryptoeconomic security. Through EigenLayer’s system of interconnected smart contracts, any ERC-20 token can be “restaked” to participate in not one, but any number of Actively Validated Services (AVSs) in exchange for fees and/or rewards. Operators opt into these opportunities by running additional node software and in some cases grant the EigenLayer smart contracts the ability to impose additional slashing conditions on their assets as specified by the AVS. EigenLayer’s core objective is to unlock a new era of open innovation by reducing developer complexity when building and bootstrapping decentralized networks from scratch.

About Interop Labs

Interop Labs is a leading developer of blockchain interoperability technology, used by Web3 infrastructure protocols to support scaling the next generation of internet applications to billions of users. Interop Labs is the initial developer of Axelar network. Learn more at interoplabs.io.

About Mysten Labs

Mysten Labs is a team of leading distributed systems, programming languages, and cryptography experts whose founders were senior executives and lead architects of pioneering blockchain projects. The mission of Mysten Labs is to create foundational infrastructure for web3. Users can learn more: https://mystenlabs.com

About OpenZeppelin

Founded in 2015, OpenZeppelin is dedicated to creating and protecting the open economy through secure and reliable blockchain infrastructure. Our widely-used OpenZeppelin Contracts Library has secured over $7 trillion in total value transferred, and our Defender Cloud Services streamline and safeguard decentralized applications. We empower developers with industry-leading tools and initiatives, fostering a secure blockchain ecosystem. Trusted by top projects globally, OpenZeppelin is your partner in building a safe and interoperable decentralized future. Users can learn more at: www.openzeppelin.com

About Stellar

Stellar is more than a blockchain. Powered by a decentralized, fast, scalable, and uniquely sustainable network made for financial products and services and a thriving and passionate ecosystem that includes a non-profit organization driven by a mission, Stellar is paving the path to unlock the world’s economic potential through blockchain technology. Built with speed and low costs in mind, the Stellar network provides builders and financial institutions worldwide a platform to issue assets, and to send and convert currencies in real time creating real world utility. Founded in 2014, the Stellar Development Foundation (SDF) supports the continued development and growth of the Stellar network and also serves the ecosystem of NGOs, corporations, universities, small businesses, governments, and solo entrepreneurs building on the Stellar network through tooling, funding and strategic collaborations. Together, Stellar is where blockchain meets the real world.

About Sui

Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the ground up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing user-friendly experiences. For more information about Sui, users can visit https://sui.io.

About XRP Ledger

The XRP Ledger (XRPL) is a decentralized layer 1 blockchain renowned for its decade-long reliability and stability in tokenizing and exchanging crypto-native and real-world assets. Designed to support businesses and builders, it is powered by XRP, a cryptocurrency purpose-built for payments. Trusted by over 1,000 visionary builders and businesses worldwide, the XRP Ledger offers institutional-grade functionality and built-in features to enable secure, efficient, and scalable financial services and use cases. It’s more than just a blockchain – it’s a global developer community dedicated to transforming future business solutions.

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Tea-Fi Redefines DeFi: One SuperApp. Infinite Yield. Powered by $TEA 270

Tea-Fi, the all-in-one DeFi SuperApp, is setting a new benchmark for the future of DeFi by merging simplicity, scalability, and sustainability into one seamless experience. With over a million connected wallets, $650+ million in transaction volume, and over 20 million on-chain interactions, Tea-Fi is proving that DeFi can be both powerful and accessible.

At the center of this ecosystem is the $TEA token, fueling a self-sustaining network built on real yield, shared value, and true decentralization, and a perpetual reward engine fueled by the TeaPOT.

The Tea-Fi Vision: DeFi that Feels Effortless

DeFi’s biggest challenge has always been complexity: multiple wallets, gas fees, and fragmented liquidity. Tea-Fi solves this with a fully abstracted, multi-chain experience, making it as intuitive as a Web2 app while remaining fully decentralized.

Users can swap, stake, spend, and earn across 40+ blockchains without worrying about bridges or native gas.

Core Innovations Powering the Ecosystem

01. TeaPOT- Rewards Powered by Real Yield

The TeaPOT is Tea-Fi’s protocol-owned liquidity vault, capturing platform fees and partner revenues to channel them back into $TEA buybacks, user rewards, and ecosystem growth.

It is a sustainable yield engine based on real protocol revenue rather than emissions.

02. Yield Engine – Optimized Rewards for All

From staking to synthetic assets, users can earn optimized rewards through Tea-Fi’s on-chain yield programs, all transparently tied to the protocol’s revenue streams.

03. SuperSwap – Cross-Chain Swaps Made Simple

Tea-Fi’s SuperSwap feature lets users swap and bridge across 40+ chains in one click, turning what was once a multi-step process into a single seamless transaction.

04. Easy-Gas – Gasless by Design

Users can pay fees in stablecoins or any of the supported tokens in their wallet, unlocking a truly gasless DeFi experience across over 40 blockchains, removing one of the biggest barriers to entry for everyday users.

05. Self-Custodial Wallets

Tea-Fi’s self-custodial smart wallet ensures users maintain full control over their assets, combining the convenience of web2 with the security of Web3.

06. TeaCard

With TeaCard, users can spend crypto in real life while feeding value back into the Tea-Fi ecosystem, bridging DeFi flexibility with real-world utility.

07. Protocol-Aligned Apps (PAAs)

Third-party dApps such as NOGA, integrate directly into the Tea-Fi ecosystem, contributing to protocol revenue and expanding Tea-Fi’s reach across multiple DeFi verticals. By fueling the TeaPOT, they further strengthen the ecosystem’s self-sustaining economy

The $TEA Token: The Core of a Circular Economy

The $TEA token lies at the heart of Tea-Fi’s flywheel. Every transaction, integration, and user activity flows into the TeaPOT, creating continuous buybacks, compounding rewards, and sustainable value capture.

$TEA serves three primary roles:

  • Utility: Powers all yield, staking, and reward systems.
  • Governance: When locked as vTEA, it grants voting power and boosts APYs.
  • Value Capture: Feeds protocol revenue back into buybacks and incentives.

The result is a deflationary token economy driven by usage, not speculation.

Growth, Partnerships, and Traction

Tea-Fi’s rise has been powered by integrations with Polygon Labs, Katana, and NOGA, enabling frictionless scalability across ecosystems.

The numbers speak for themselves:

  • Over 2 million connected wallets
  • 20+ million transactions
  • $560+ million total volume
  • $5+ million TVL
  • 1+ million global users

The Road Ahead: Activating the $TEA Economy

TGE goes live at 12 PM UTC, 3 November 2025 on Kraken, Kucoin and MEXC unlocking the next phase of Tea-Fi’s mission to empower users through governance, yield participation, and vTEA alignment. Tea-Fi’s goal is clear: make DeFi as easy as traditional finance, owned by the users, powered by real yield, and built to last.

About Tea-Fi

Tea-Fi is a DeFi SuperApp that merges the usability of Web2 with the transparency of Web3. Through innovations like account abstraction, multi-chain compatibility, and its protocol-owned liquidity vault (TeaPOT), Tea-Fi enables users to experience DeFi as it was meant to be: simple, sustainable, and rewarding.

Website: https://tea-fi.com/
Twitter: https://x.com/TeaFi_Official
Discord: https://discord.gg/teafiofficial
Telegram: https://t.me/TeaFi_Offici

Stablecoins New Era Begins: Inside the Next Wave of Institutional Adoption and Infrastructure Competition 285

The stablecoin market is entering a new phase of transformation. In the landmark joint report by Alchemy Pay and Gate Research, “The New Era of Stablecoins: A Comprehensive Study on Compliance, Innovation, and Adoption”, the report dives deep into how stablecoins are reshaping the global financial infrastructure, from its exponential growth and regulatory evolution to the intensifying competition at the infrastructure layer.

Exponential Growth and Institutional Momentum

As of August 2025, the total capitalization of stablecoins has exceeded USD 280 billion, representing more than a 660-fold increase since early 2019. Annual on-chain settlement volumes have surpassed USD 30 trillion, placing stablecoins on par with traditional global payment systems such as SWIFT and Visa in terms of transaction throughput.

This growth reflects both technological maturity and regulatory acceleration. The implementation of key frameworks, such as the GENIUS Act, Stablecoin Ordinance, and MiCA, has initiated what the report identifies as the “Age of Compliance.”

The report also highlights the growing participation of major financial institutions including PayPal, Visa, and Mastercard, each embedding stablecoin functionality into retail, enterprise, and cross-border payment systems. These integrations signal the ongoing convergence between TradFi and DeFi, underscoring the transition of stablecoins from speculative instruments to operational assets within global payment and settlement ecosystems.

Meanwhile, innovation within the stablecoin sector continues to accelerate. While USDT and USDC remain dominant, emerging models such as yield-bearing stablecoins are rapidly gaining market share. The study identifies a structural evolution from single-purpose payment tools to a “Three-in-One Model”—Peg + Yield + Application—that extends stablecoin utility into yield generation, real-world asset integration, and enterprise use cases such as supply chain finance and payroll settlement.

From Tokens to Infrastructure: The New Battlefield

The narrative of competition is shifting. It’s no longer about which stablecoin dominates, it’s about who controls the rails. The report calls this the move from “token competition” to “infrastructure competition.” As stablecoins become integral to the global payments landscape, control over settlement infrastructure has emerged as the next competitive frontier. Leading players like Tether, Circle, Stripe, and Alchemy Pay are developing blockchain architectures to establish themselves as dominant settlement networks.

This strategic evolution reflects a broader recognition: in the future of digital finance, the competitive advantage will lie not merely in token issuance, but in control of the infrastructure that enables liquidity, settlement, and compliance across markets and jurisdictions.

Alchemy Chain: Building the Stablecoin Settlement Hub for Global Fiat

Within this emerging infrastructure race, the report spotlights Alchemy Chain, a Layer 1 blockchain developed by Alchemy Pay. Drawing upon years of operational experience in the fiat-crypto payment sector, Alchemy Chain represents a practice-driven approach to infrastructure design.

The blockchain’s architecture centers on a clear, efficient flow—Fiat A → Stablecoin → Fiat B—positioning stablecoins as instant settlement bridges for global cross-border transactions. Key technical innovations include:

  • FIFO (First-In-First-Out) transaction ordering, ensuring fairness and eliminating “pay-to-prioritize” congestion.
  • On-chain real-time FX rates, with validator nodes directly integrating price feeds at the consensus layer to reduce oracle latency.
  • Block-Wing hybrid storage system, combining on-chain recording of essential transaction data with decentralized off-chain storage for auxiliary files, ensuring scalability and cost efficiency.

Strategically, Alchemy Chain diverges from general-purpose blockchains. Rather than competing with ecosystems like Ethereum, it aims to redefine global settlement infrastructure, leveraging Web3 technology to rebuild payment systems traditionally represented by SWIFT. Backed by Alchemy Pay’s already built network of 3 million users across 173 countries, and supported by connections with Visa, Mastercard, local mobile wallets and global banking rails, Alchemy Chain is positioned to serve as a neutral, compliant settlement layer connecting stablecoins and fiat currencies worldwide.

The Future Trajectory: Compliance, Multipolarity, and Integration

The report concludes that stablecoins are transitioning through three structural shifts:

  • From explosive growth to compliance establishment;
  • From token-centric competition to infrastructure-centric competition;
  • From U.S. dollar dominance to regional multipolarity.

Over the next three to five years, the report predicts that the institutions capable of creating a closed-loop ecosystem, integrating compliance frameworks, proprietary infrastructure, and scalable applications, will define the next generation of the global value network.

Read the Full Report

The “New Era of Stablecoins” report offers a data-driven, forward-looking roadmap for enterprises, regulators, and developers navigating the evolving stablecoin landscape.

Read the full report to explore how compliance, infrastructure, and innovation are converging to reshape the global payments ecosystem.

About Gate Research

Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis.

About Alchemy Pay

Founded in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off-Ramp, Web3 Digital Bank, NFT Checkout and its newly launched RWA platform, Alchemy Pay supports fiat payments in 173 countries.

The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The RWA platform allows global users to invest in tokenized real-world assets using local fiat currencies, lowering entry barriers and democratizing access to traditional financial instruments. Our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. Additionally, the NFT Checkout enables direct purchases of NFTs using fiat payment methods. ACH is the Alchemy Pay network token on the Ethereum blockchain.

BitRail Expands Its Merchant Network and Payment Options for Branded Stablecoins and Digital Wallets 286

BitRail, a leading stablecoin issuer and digital wallet provider, announced today an expanded merchant network and funding options for its branded digital wallets and merchant stablecoins. Consumers can now fund their wallets using credit cards or ACH, with Buy Now, Pay Later (BNPL) coming soon.

Each merchant on the BitRail platform receives their own branded digital wallet, fully managed by BitRail. These wallets hold both traditional payment methods and the merchant’s own branded stablecoin, providing a seamless, secure, and cost-effective payment experience.

“As the payments landscape evolves, merchants deserve the same power and efficiency that major platforms enjoy,” said Jeff Siegel, CEO of BitRail. “BitRail enables any merchant to launch their own branded wallet and stablecoin – cutting transaction costs by up to 50%, accelerating settlement, and building stronger customer loyalty.”

Empowering Merchants with Branded Payments

BitRail’s white-label platform gives merchants a fully compliant, turnkey alternative to traditional payment rails. Merchants can now:

  • Reduce fees by up to 50% using direct, closed-loop payments.
  • Offer dual pricing (cash vs. credit) instantly.
  • Leverage loyalty, marketing, and analytics tools to boost retention.
  • Access 1.2 million registered users to grow their customer base.
  • Launch with no new licensing requirements: BitRail is licensed to transmit money in all 50 states plus Washington, D.C.

BitRail Offers Users a Simpler, Faster, More Flexible Wallet

  • Fast and easy transactions with extensive safety protocols.
  • Multiple payment options (merchant-branded stablecoin plus credit and ACH).
  • Single sign on any site that works with BitRail.
  • Loyalty and special merchant offers.
  • No hidden fees or subscriptions.

Secure, Compliant, and Ready to Scale

BitRail’s wallets and branded stablecoins are pegged 1:1 to the U.S. dollar and operate within a closed-loop, regulated environment.

“Merchants shouldn’t be forced to rely solely on expensive, outdated payment rails,” Siegel added. “We provide the infrastructure and compliance so merchants can focus on growth, customer engagement, and profitability.”

About BitRail

BitRail is a fintech infrastructure company enabling merchants and marketplaces to launch their own branded digital wallets and stablecoins. The platform includes full licensing, compliance, and technology, giving merchants a fast, safe, and regulated way to control their payments and reduce costs.

BitRail by the Numbers:

  • 1.2 million registered users
  • Licensed to transact in all 50 states + D.C.
  • Up to 50% lower processing fees
  • Integrated access to nearly 4 million merchants

For more information, visit www.bitrail.io

Perle Launches Public Beta of Contributor Platform 256

Perle Labs, an AI training data platform powered by Web3 that brings human wisdom to AI models, today announced the public beta launch of its contributor platform built on Solana. The platform enables early participants to start completing real annotation tasks and earn rewards by enhancing the data pipelines behind next-generation AI systems. In this public beta, contributors complete short, structured tasks tied to real-world use cases, like classifying sounds, labeling retail images, identifying roadside objects, and analyzing basic medical imagery.

Ahmed Rashad, Perle AI Founder and CEO, commented on the news: “The launch of Perle’s Web3 platform is a turning point for how we think about AI participation for human data validation. By bringing AI annotation on-chain with Solana, Perle is creating a decentralized infrastructure where intelligence can be collectively built, verified, and rewarded. This isn’t just about decentralizing technology; it’s about realigning incentives so that the future of AI is open, transparent, and economically fair to everyone involved.”

Early Access, Real Rewards

During this public beta, participants can:

  • Earn points and badges by completing hands-on annotation tasks.
  • Climb the leaderboard with consistent performance.
  • Build a reputation to access higher-value opportunities in future releases.

Each task rewards precision, judgment, and consistency with points that will later convert to tokens. Over time, contributors can progress from simple tagging to more specialized domains, building their onchain reputations based on measurable accuracy and verified results.

Building Reputation

Every validated task contributes to a reputation score. Educational modules and accuracy challenges help contributors improve over time, unlocking higher-value tasks and greater rewards potential. Maintaining high accuracy boosts reputation and allows users to accelerate through contributor tiers.

Badges mark key achievements like consistency streaks and domain credentials. Contributors with steady daily check-ins, accurate work, and high-quality referrals will rank highest over time.

Structured Annotations

The Perle Labs beta is launching with rotating annotation programs designed to showcase its multi-modal capabilities over the coming weeks.

Each program offers contributors a fresh start and a fair playing field, keeping participation exciting and competitive while giving everyone the opportunity to advance. This ensures that the experience is fair and exciting, bringing new challenges, renewed energy, and a sense of shared momentum.

Tasks span a range of real-world applications, from classifying sounds and labeling retail images to annotating roadside objects and analyzing visual health data.

Each task is tied to a real-world project, enabling the contributor network to deliver utility and impact to AI teams even at this early stage.

About Perle Labs

Perle Labs, built on Solana, transforms how AI teams access and use training data by combining human expertise with adaptive workflows. Specializing in data acquisition, expert annotation, and model evaluation, Perle delivers faster, more reliable results tailored for generative AI, LLMs, and RLHF. Our approach ensures data quality and context where it matters most-helping teams build smarter, more trustworthy AI.

Users can learn more at Perle.xyz.

Loon Raises $3 Million to Build Canada’s Regulated Digital Dollar; Acquires CADC Stablecoin 268

Loon, a Canadian stablecoin company, today announced it has raised $3 million CAD in pre-seed financing to develop a Canadian-dollar-backed stablecoin designed to operate under Canadian regulation. Loon has also acquired the CADC stablecoin, launched in 2021 by Paytrie with over $200M in volume transacted, and will assume responsibility as its new issuer.

The pre-seed round was led by Version One Ventures, with participation from Garage Capital and a syndicate of strategic Canadian angel investors. The round was strategically assembled to unite Canada’s leading investors and advisors behind the mission of launching a made in Canada stablecoin. Funding will accelerate product development, expand Loon’s engineering and compliance teams, and support its national regulatory engagement strategy.

For years, Canada’s growing digital-asset economy has relied primarily on US dollar stablecoins, creating friction for domestic users and exporting value abroad. Loon’s mission is to build trusted, transparent Canadian payment infrastructure for the digital economy, strengthening economic sovereignty and enabling settlement in Canadian dollars directly on-chain.

“Canada is at a crossroads,” said Kevin Zhang, CEO of Loon. “We can either remain dependent on foreign financial infrastructure or build our own sovereign rails for the digital era. By providing a regulated, trusted digital Canadian dollar, we’re unlocking the next generation of innovation, from payments to capital markets.”

A bridge between banks and blockchain

CADC enables users and businesses to settle transactions in Canadian dollars on-chain, instantly and 24/7. A freelance developer in Halifax can receive payment from a Vancouver client in seconds, a Toronto-based importer can settle with an overseas supplier in real-time, bypassing the delays, limitations and costs of banks. CADC is designed to deliver real-time settlement, continuous access, wholesale FX rates, and deep liquidity.

Built for transparency and regulation

Loon has pre-filed a prospectus with the Alberta Securities Commission (ASC) as a first step toward full regulatory approval. The company is collaborating with regulators to establish rigorous standards and accountability for the stablecoin industry.

Boris Wertz, Founder & General Partner, Version One Ventures: “We believe the next generation of financial infrastructure will be built on open, transparent rails. Loon is creating the foundation for a digital Canadian dollar, a critical step toward a more inclusive and sovereign financial system.”

Michael McCauley, General Partner, Garage Capital: “Canada needs sovereign digital payment infrastructure – and now is the time. We’re excited to back this experienced team with the regulatory commitment and momentum to bring a trusted Canadian stablecoin to market.”

Next steps

Over the coming weeks, Loon will begin onboarding its initial distribution partners including virtual-currency exchanges, fintech applications, and liquidity providers. To learn more about CADC and how to support it, visit our website at https://loon.finance/

About Loon

Loon Technology Inc. is a Canadian financial technology company dedicated to building a regulated, transparent, and trusted Canadian-dollar stablecoin (CADC). Learn more at https://loon.finance

Ourbit SuperCEX October Recap: From Puzzle Triumphs to Stablecoin Strategy in the New Super Exchange Era 257

October 2025 is a month to remember for Ourbit SuperCEX. During this month, Ourbit not only successfully concluded its largest-ever quarterly event, Puzzle League, which brought together tens of thousands of traders from around the world, but also achieved breakthroughs across multiple dimensions, including stablecoin ecosystem, mainnet integration, and premium token launches, further solidifying its global strategic footprint as the “next-generation Super Exchange.”

As Ourbit continues to deepen its presence in liquidity, stablecoins, on-chain asset interoperability, and ecosystem collaboration, the platform is steadily building a SuperCEX ecosystem that merges the advantages of CeFi and DeFi. Whether it’s advancing the global adoption of stablecoins, expanding multi-chain compatibility, or collaborating with top exchanges to launch innovative projects, Ourbit is set to define the next phase of exchange evolution with steady progress and a forward-looking vision.

Puzzle League Concludes: Over 38,000 Participants Create a Trading Carnival

Ourbit’s flagship quarterly event, Puzzle League, successfully concluded on October 13.

The event attracted 38,435 participants and 217 teams competing in the Futures Team Battle, with a total trading volume reaching $6.6 billion, setting a new record for the platform.

Ultimately, the team led by @FreedomXBT claimed the championship, earning 15,600 USDT in rewards.

Across both rounds of the Puzzle League, the total prize pool reached 200,000 USDT, with each winning participant earning an average of over 100 USDT.

As one of the largest community events in Ourbit SuperCEX’s history, Puzzle League not only showcased the platform’s robust trading strength and user engagement but also reinforced Ourbit’s global influence in the futures ecosystem.

Strategic Partnership with Paxos: Joining the Global Dollar Network and Launching $USDG

In mid-October, Ourbit SuperCEX announced a strategic partnership with Paxos, a globally regulated stablecoin issuer, officially launching the Paxos-issued stablecoin $USDG and joining the Global Dollar Network.

$USDG is fully backed 1:1 by real USD assets and can be exchanged at parity with USDT on the Ourbit platform, offering users a safer, more transparent, and convenient stablecoin trading and payment experience.

Ourbit stated that this collaboration marks an important step in the platform’s stablecoin ecosystem strategy. Moving forward, both parties will continue to deepen cooperation and explore more innovative reward mechanisms and application scenarios for stablecoins.

Mainnet Integration Upgrade: Officially Supporting @ZIGChain

Ourbit now fully supports the ZIGChain mainnet, allowing users to freely deposit, withdraw, and interact with $ZIG — providing seamless access to this high-performance Layer 1 network focused on Real World Assets (RWA) and the decentralized wealth revolution (DeFi 3.0).

ZIGChain is committed to mapping real-world assets onto blockchain ecosystems through high-speed and secure infrastructure, offering users more efficient and transparent financial tools for wealth creation. This integration means Ourbit users can not only conveniently manage native assets on ZIGChain but also participate in a broader range of decentralized scenarios, including cross-chain liquidity mining, asset custody, and on-chain payments.

This upgrade further enriches Ourbit’s multi-chain asset ecosystem, giving global traders a wider selection of assets and more flexible on-chain interaction experiences, while underscoring Ourbit’s leadership as a next-generation SuperCEX in cross-ecosystem connectivity and multi-chain compatibility.

Global Joint Launch of $ZBT: Partnering with Eight Leading Exchanges to List Zerobase

This month, Ourbit SuperCEX jointly launched Zerobase’s token $ZBT with eight top-tier global exchanges, including Bitget, Kucoin, Bybit, Gate, Kraken, HTX, MEXC, and Binance Alpha.

Zerobase is a high-performance decentralized zero-knowledge (ZK) computing network, dedicated to reshaping the foundation of global financial trust through real-time computation and verifiable cryptography.

This joint launch not only highlights Zerobase’s global recognition but also demonstrates Ourbit’s leading advantages in liquidity depth, asset screening standards, and technical security systems.

With solid infrastructure and precise project judgment, Ourbit continues to position itself as a key hub for global premium token launches and liquidity centers.

XAUT Futures Incentive Event: Trade Gold to Win BNB Rewards

On October 18, Ourbit launched the “Trade XAUT to Win BNB” futures event, offering traders dual reward mechanisms:

  • Daily Check-In Rewards: Traders who complete at least 1,000 USDT in $XAUT futures trades daily earn draw chances and win BNB, ASTER, USDT, and more prizes.
  • First-Loss Coverage: If a user’s first trade results in a loss, they will receive 100% compensation, with a maximum of 100 USDT in futures bonus per user.

The total prize pool reaches 10,000 USDT, available on a first-come, first-served basis — further inspiring user participation in the futures market.

Looking Ahead: Ourbit’s Global Expansion Continues

From large-scale community events to strategic ecosystem collaborations, Ourbit continued to release strong growth momentum in October, showcasing comprehensive progress in user engagement, technical integration, and ecosystem development. Whether it’s promoting the global adoption of stablecoins, deepening multi-chain compatibility, or co-launching innovative projects with leading exchanges, Ourbit is steadily expanding its global footprint and solidifying its position as an industry-leading SuperCEX.

Looking ahead, Ourbit will continue to uphold its commitment to openness, transparency, and innovation — deeply integrating the efficiency of CEX with the decentralization of DEX. With a stronger asset protection framework, a more competitive trading experience, and deeper community connections, Ourbit aims to build a truly borderless, sustainable, and future-oriented global crypto financial network.

In the ever-evolving Web3 world, Ourbit is not only an entry point for trading but also aspires to become a driving force for the prosperity of the next-generation digital asset ecosystem.

About Ourbit

Ourbit is a SuperCEX (Super Centralized Crypto Exchange) built by Degens, for Degens. It was founded by the former core team of top-tier exchange and industry veterans deeply involved in the SPX6900, HarryPotterObamaSonic10Inu, and other well-known memecoin ecosystems.

Ourbit provides the deepest liquidity for memecoins, offering early access to high-potential tokens for both spot and futures trading (up to 400× leverage), helping the Degen community pursue their dream of becoming memecoin millionaires.