#Reddington: I am not courageous. Only the poor have courage. Why? Because they’re hopeless. To get up every morning to plow a potato field in wartime, to bring kids with no prospects into the world. To live poor…that takes courage.
Mastercard introduced always-on stablecoin settlement on Solana, Backpack announced a tokenized brokerage, and $716M of RWA capital flowed in last month, more than any other network. While the market looked one way, the institutions and builders kept shipping.
Here’s everything that happened:
📰 Headline News
- @Mastercard introduced always-on stablecoin settlement on Solana
- @Backpack announced Backpack Securities, merging traditional brokerage with Solana-native tokenization
- @SolanaFndn launched native Subscriptions and Allowances for delegated spending and recurring billing
📰 Launches
- @moonpay introduced the MoonAgents Desktop App, connecting ChatGPT or Claude so AI agents can pay onchain
- @sunrisedefi, @MeteoraAG and @BedrockFndn teamed to launch Dynamic Assets
- @SolanaFndn announced dedicated support for teams building fully onchain perpetuals and supporting infrastructure
- @bulktrade activated Season 1 with pre-deposits now open
- @ORE deployed a quantum-safe smart wallet to secure ORE holder and staking assets from quantum threats
- @craftsdev introduced equity-linked tokens, enabling onchain exposure to real company outcomes
- @useDecal debuted Decal Treasury, featuring automated yield engine that funds integrated corporate loyalty programs
- @axelar went live on Solana to enable cross-chain messaging and programmable asset transfers
- @PhoenixTrade launched mobile trading and cross-chain deposits
- @raikucom activated rkuSOL, an LST that routes three distinct streams of AOT and JIT auction revenue back to stakers
- @JupiterExchange rolled out TCG credit features on Jupiter Offerbook, utilizing @phygitals and @Collector_Crypt
- @moonshot released Moonshot Packs, bringing physical trading card experience onchain
- @packs_supply launched a collectibles SOV that rewards stakers with physical packs
- @Paytrie expanded the Canadian dollar stablecoin to Solana
- @strongholdpay expanded its SHx token network to Solana via @axelar
- @paj_cash debuted v2 of its payment platform, enabling account-based Web3 off-ramps
- @lava_xyz released Lava Card, a zero-annual-fee Visa debit card
- @Dyadnum launched a WhatsApp-native trade engine to streamline cross-chain asset routing
- @UmbraPrivacy launched its privacy-focused web interface
- @zodial_xyz shipped a portfolio-margin lending protocol
- @Certora formally verified Solana’s P-token upgrade
- @MonkeFoundry opened Cohort 2 applications, closing June 12
- @BitRobotNetwork announced applications for its robotics laboratory program
- @jaileddotfun launched Jailed, an onchain prison simulator game deployed on Solana
- @gachasports shipped a sports-led gacha platform
- @predikt_gg announced bringing cross-market access and leverage to @solana prediction market users
- @rektdrinks released SOL Berry, a Solana-themed sparkling water
📰 Milestones
- @solana led onchain collectibles markets with ~60% of total volume
- @Raydium crossed $2B in cumulative trading volume for tokenized equities
- Solana recorded the largest RWAs net capital inflow across chains in May crossing $716M
- @KASTxyz won Best Digital Assets Fintech at BeInCrypto Institutional 100 Awards
- @kamino's xStocks market surpassed $30M in total market size
- @solanamobile crossed 1K live apps on the dApp Store
- @helium_mobile, the consumer carrier built on Helium's Solana-based network, was acquired by Andrew Yang's @joinnoblemobil
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"You have to understand, most of these people are not ready to be unplugged. And many of them are so inert, so hopelessly dependent on the system that they will fight to protect it."
- Morpheus
After an extensive security review, @virtuals_io is migrating its $700M+ VIRTUAL token from its legacy bridging solution to Chainlink CCIP.
As Virtuals’ exclusive cross-chain infra, CCIP is unlocking secure cross-chain payments for AI agents across chains.
Kenyan President William Ruto said allowing the US to build an Ebola quarantine facility in Kenya was the “right thing”.
At least two people were killed this week in protests against the facility, which is being built on a US air force base for Americans exposed to the virus.
Network Update: Upgrade to protocol 24 has been completed successfully.
Great job to all Nodes! This was one of the most challenging migrations.
Next up will be v25, deadline June 18.
$RLUSD is institutional-grade infrastructure for payments and tokenization.
Through @wormhole’s Native Token Transfers (NTT), $RLUSD can now move natively across multiple blockchain ecosystems, supporting cross-border payments, institutional on/off-ramps, and tokenization use cases.
For developers and institutions building onchain, that expands access to compliant, USD-backed liquidity across supported networks.
More than half of the publicly identified donors to President Trump’s White House ballroom project have won new or expanded federal contracts worth more than $50 billion, according to a report from a government watchdog group. https://t.co/wEAqxMA7AG