Quick Take
Privacy Pools live on Ethereum mainnet.
Superseed deploys its L2 on mainnet.
Chainlink launches Payment Abstraction.
Circle introduces USDCKit.
Privacy Pools Live On Ethereum
Privacy Pools, an onchain privacy protocol, is now live on Ethereum mainnet. Users can now deposit between 0.1 and 1 ETH. The protocol requires all deposits to pass a wallet screening process before they become eligible for private withdrawal. If a deposit fails the screening, users can still withdraw their funds back to the original wallet. Privacy Pools use zero-knowledge proofs and ensures that deposit and withdrawal addresses are unlinked. Privacy Pools supports configurable privacy sets, allowing users to preserve privacy while preventing association with known malicious addresses. The release is currently in a beta phase.
Superseed Deploys On Mainnet
Superseed, a DeFi-focused Layer 2 built on the OP Stack, is now live on mainnet. Users can now interact with core infrastructure and use DeFi applications on the network, including Velodrome, SeedFi, Orange Finance, Bebop, Ionic, and Dolomite. In the coming weeks, Superseed plans to launch its Seeds rewards program. Superseed introduces SuperCDP, a native collateralized debt position system designed to offer interest-free, self-repaying loans using assets like ETH, WBTC, and the Superseed token as collateral to mint and borrow the Superseed stablecoin. The system will be powered by protocol revenue streams such as sequencer profits.
Chainlink Launches Payment Abstraction
Chainlink launched Payment Abstraction on Ethereum mainnet, a new cross-chain system that allows users to pay for Chainlink services using ETH or alternative tokens. The payments are automatically converted into LINK using a combination of Chainlink Automation, Price Feeds, CCIP, and Uniswap V3. The feature aims to reduce payment friction for Chainlink Network users. Payment Abstraction is also implemented into to Chainlink SVR, an Oracle MEV recapture solution recently integrated with Aave. Payment Abstraction will allows Chainlink Decentralized Oracle Network (DON) node operators to consolidate LINK rewards on Ethereum, with initial support for CCIP node operators.
Circle Introduces USDCKit
Circle introduced USDCKit, a new SDK designed to streamline USDC payment integration and automation for developers. It offers tools for automating wallet creation, payouts, settlements, compliance, and cross-chain transfers. Now available in early access, USDCKit will expand support for swaps and on/off ramps.
Other News
Samczsun: North Korean threat
Circle introduces USDC kit
ByteGaze tool to visualize ABI data
Farcaster introduces tips
Coinbase vs FDIC updates
UST0 goes live on Unichain
Paths to SSF revisited
Upcoming Liquity V2 forks
See disclosures
