Introducing Autonomous Monetary Infrastructure 🐐
For years, stablecoins promised global, instant money.
In reality, movement, yield and payments remained fragmented and inefficient.
It's time to fix the system:
cashmere.exchange
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Coinbase has announced its plan to activate AQAv2 on USDC as the treasury deployer, with Circle serving as the technical deployer responsible for CCTP and native cross-chain infrastructure. Both Coinbase and Circle have committed to stake HYPE to activate AQAv2. As part of this
USDT0 transfers have resumed.
No impact to CashmereLabs system integrity, routing, or liquidity.
No exposure to the rsETH incident.
All pending transactions from the pause window have been safely settled.
CashmereLabs confirms that we have no exposure to the rsETH incident and are not affected by the ongoing investigation.
As a precautionary measure, USDT0 transfers are temporarily paused until further notice from LayerZero.
All other Cashmere infrastructure and supported flows
CashmereLabs confirms that we have no exposure to the rsETH incident and are not affected by the ongoing investigation.
As a precautionary measure, USDT0 transfers are temporarily paused until further notice from LayerZero.
All other Cashmere infrastructure and supported flows
As a precautionary measure, we have temporarily paused the USDT0 OFT bridging infrastructure while the rsETH incident is being investigated.
We want to be clear that USDT0 has no exposure, and all USDT0 tokens remain fully backed 1:1 by USDT.
We'll share updates as more