Kalshi Chooses Coinbase Custody to Secure USDC Reserves

Published at 2025-11-14 06:35:41

On Nov. 14, 2025, Kalshi — the largest regulated prediction market platform in the U.S. — announced it will use Coinbase Custody to safeguard its USDC reserves. The partnership places an institutional custodian at the center of the stablecoin liquidity that underpins Kalshi’s event-based contracts, adding a formal custody layer intended to support security and regulatory oversight as the platform grows.

For traders and counterparties, custody with a recognized institutional provider can lower counterparty risk and improve confidence in on‑chain settlement and off‑ramp processes. The deal highlights rising demand for regulated custody solutions in complex crypto products and may help Kalshi attract deeper liquidity and broader participation as regulators and institutions scrutinize stablecoin management practices.

CoinbaseUSDCKalshiCustodyPrediction Markets

Share on:

Hyperliquid’s HYPE reached a record high against Coinbase shares as the HYPE/COIN ratio climbed to 0.2514, according to TradingView. The move was accompanied by $8.28 billion in trading volume, highlighting intense market interest in the pair.

CoinbaseVolumeHyperliquidTradingView

Published at 2026-04-10 16:45:54

Circle Defends USDC Freezes Following $270M Drift Protocol Hack

Circle’s CEO defended the company’s authority to freeze USDC after the $270 million Drift Protocol exploit and urged faster legal frameworks to enable rapid, lawful responses to crypto hacks.

DriftUSDCRegulationStablecoin

Published at 2026-04-10 12:45:08

Circle Unveils Arc Fintech Starter for Multichain USDC Treasury Management

Circle has released Arc Fintech Starter, an open-source toolkit that helps developers build cross-chain USDC treasury solutions with automated bridging and unified payout controls. The move targets fintechs and web3 firms looking to simplify multichain cash management.

USDCTreasuryMultichainOpen-Source

Published at 2026-04-10 12:30:07

MarketVector and Coinbase Launch Bitcoin–Tokenized Gold Index

MarketVector and Coinbase unveiled an index tracking Bitcoin (BTC) alongside tokenized gold tokens PAXG and XAUT, highlighting a blended benchmark for digital and hard-asset value. The launch reflects growing interest in crypto as a store of value as Bitcoin’s equity correlation rises and gold posts stronger returns.

BitcoinTokenizationCoinbaseGoldIndexMarketVector

Published at 2026-04-09 16:30:39

Binance Integrates Prediction Markets into App, Covers Gas Fees for Users

Binance has added access to third-party prediction markets inside its app for millions of users and will absorb gas fees to reduce friction. The exchange only facilitates access to the external application and does not operate the markets itself.