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KernelDAO to launch new reward-bearing stablecoin KUSD

BNB Chain-based restaking protocol KernelDAO is stepping into real-world credit with a reward-bearing stablecoin that generates yield from institutional usage rather than sitting idle. Summary KernelDAO unveiled KUSD, a reward-bearing stablecoin backed by short-term receivables. Designed for remittances, payroll, and trade finance, KUSD generates yield from institutional usage. Built on KernelDAO’s $2.4B DeFi base, targeting…

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Grove anchors $50m in Apollo tokenized credit fund on Plume

Grove has announced a landmark tokenization deal, deploying $50 million as the cornerstone investor for Apollo’s diversified credit strategy now live on the Plume blockchain. Summary Grove has anchored $50 million in Apollo’s new tokenized credit fund (ACRDX) on Plume. The fund combines Apollo’s credit strategy with Centrifuge tokenization and Plume’s blockchain infrastructure. Available via…

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Dogecoin price rejects from resistance at $0.30, but will support at $0.24 hold?

Dogecoin’s price has rejected resistance near $0.30, triggering a corrective move back below the value area low. Despite this pullback, market structure remains bullish, with higher lows forming and strong confluence at support. Summary $0.30 Resistance: Liquidity sweep led to rejection and correction. Support Zone: POC, VWAP, and 0.618 Fibonacci align at $0.27. Bullish Trend: Higher lows intact;…

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