• bitcoinBitcoin (BTC) $ 111,216.00
  • ethereumEthereum (ETH) $ 2,786.02
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.43
  • bnbBNB (BNB) $ 671.17
  • solanaSolana (SOL) $ 158.08
  • usd-coinUSDC (USDC) $ 0.999944
  • tronTRON (TRX) $ 0.291251
  • dogecoinDogecoin (DOGE) $ 0.181026
  • staked-etherLido Staked Ether (STETH) $ 2,784.34
  • cardanoCardano (ADA) $ 0.624404
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 111,119.00
  • hyperliquidHyperliquid (HYPE) $ 41.62
  • wrapped-stethWrapped stETH (WSTETH) $ 3,360.17
  • suiSui (SUI) $ 3.12
  • bitcoin-cashBitcoin Cash (BCH) $ 512.46
  • chainlinkChainlink (LINK) $ 14.36
  • stellarStellar (XLM) $ 0.292415
  • leo-tokenLEO Token (LEO) $ 8.99
  • avalanche-2Avalanche (AVAX) $ 19.54
  • wrapped-eethWrapped eETH (WEETH) $ 2,984.11
  • hedera-hashgraphHedera (HBAR) $ 0.174117
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • usdsUSDS (USDS) $ 0.999866
  • wethWETH (WETH) $ 2,786.82
  • the-open-networkToncoin (TON) $ 2.87
  • litecoinLitecoin (LTC) $ 91.17
  • whitebitWhiteBIT Coin (WBT) $ 46.69
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 328.25
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 111,231.00
  • polkadotPolkadot (DOT) $ 3.65
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.42
  • uniswapUniswap (UNI) $ 8.22
  • pepePepe (PEPE) $ 0.000011
  • aaveAave (AAVE) $ 300.17
  • daiDai (DAI) $ 1.00
  • pi-networkPi Network (PI) $ 0.470620
  • bittensorBittensor (TAO) $ 350.43
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • crypto-com-chainCronos (CRO) $ 0.095818
  • aptosAptos (APT) $ 4.61
  • okbOKB (OKB) $ 48.56
  • nearNEAR Protocol (NEAR) $ 2.35
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • jito-staked-solJito Staked SOL (JITOSOL) $ 191.94
  • internet-computerInternet Computer (ICP) $ 5.16
  • ethereum-classicEthereum Classic (ETC) $ 17.67
  • ondo-financeOndo (ONDO) $ 0.840902
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • kaspaKaspa (KAS) $ 0.081882
  • mantleMantle (MNT) $ 0.599441
  • cosmosCosmos Hub (ATOM) $ 4.34
  • vechainVeChain (VET) $ 0.022446
  • fasttokenFasttoken (FTN) $ 4.45
  • gatechain-tokenGate (GT) $ 15.97
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.206870
  • ethenaEthena (ENA) $ 0.289271
  • official-trumpOfficial Trump (TRUMP) $ 9.20
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.702818
  • arbitrumArbitrum (ARB) $ 0.357862
  • skySky (SKY) $ 0.082733
  • render-tokenRender (RENDER) $ 3.39
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,786.35
  • algorandAlgorand (ALGO) $ 0.193383
  • filecoinFilecoin (FIL) $ 2.44
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 110,959.00
  • bonkBonk (BONK) $ 0.000021
  • worldcoin-wldWorldcoin (WLD) $ 0.915737
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.62
  • binance-staked-solBinance Staked SOL (BNSOL) $ 168.10
  • sei-networkSei (SEI) $ 0.266408
  • usdtbUSDtb (USDTB) $ 0.999960
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998983
  • kucoin-sharesKuCoin (KCS) $ 11.18
  • spx6900SPX6900 (SPX) $ 1.52
  • jupiter-exchange-solanaJupiter (JUP) $ 0.454659
  • usdt0USDT0 (USDT0) $ 0.999913
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,921.08
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,175.70
  • nexoNEXO (NEXO) $ 1.24
  • celestiaCelestia (TIA) $ 1.68
  • flare-networksFlare (FLR) $ 0.016427
  • fartcoinFartcoin (FARTCOIN) $ 1.13
  • xdce-crowd-saleXDC Network (XDC) $ 0.068091
  • injective-protocolInjective (INJ) $ 11.01
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • blockstackStacks (STX) $ 0.694839
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,976.53
  • tokenize-xchangeTokenize Xchange (TKX) $ 12.87
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,927.33
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.58
  • optimismOptimism (OP) $ 0.589200
  • sonic-3Sonic (S) $ 0.319662
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 110,983.00
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.016275
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999934
  • dogwifcoindogwifhat (WIF) $ 0.955883
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,924.86
  • pax-goldPAX Gold (PAXG) $ 3,321.53
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 111,056.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999912
  • story-2Story (IP) $ 3.12
  • flokiFLOKI (FLOKI) $ 0.000092
  • the-graphThe Graph (GRT) $ 0.090404
  • kaiaKaia (KAIA) $ 0.151838
  • wbnbWrapped BNB (WBNB) $ 671.52
  • clbtcclBTC (CLBTC) $ 112,345.00
  • immutable-xImmutable (IMX) $ 0.456272
  • vaultaVaulta (A) $ 0.524408
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 177.32
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.38
  • tether-goldTether Gold (XAUT) $ 3,315.67
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,994.02
  • msolMarinade Staked SOL (MSOL) $ 206.43
  • curve-dao-tokenCurve DAO (CRV) $ 0.564232
  • theta-tokenTheta Network (THETA) $ 0.742900
  • lido-daoLido DAO (LDO) $ 0.792086
  • ousgOUSG (OUSG) $ 111.73
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • galaGALA (GALA) $ 0.015457
  • iotaIOTA (IOTA) $ 0.173589
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998485
  • ethereum-name-serviceEthereum Name Service (ENS) $ 20.28
  • zcashZcash (ZEC) $ 41.37
  • raydiumRaydium (RAY) $ 2.48
  • jito-governance-tokenJito (JTO) $ 1.91
  • the-sandboxThe Sandbox (SAND) $ 0.269159
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • jasmycoinJasmyCoin (JASMY) $ 0.013021
  • super-oethSuper OETH (SUPEROETH) $ 2,784.96
  • aerodrome-financeAerodrome Finance (AERO) $ 0.728334
  • bittorrentBitTorrent (BTT) $ 0.00000063
  • wrapped-hypeWrapped HYPE (WHYPE) $ 41.54
  • pendlePendle (PENDLE) $ 3.72
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,976.03
  • pyth-networkPyth Network (PYTH) $ 0.105641
  • saros-financeSaros (SAROS) $ 0.230624
  • tezosTezos (XTZ) $ 0.563036
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 110,815.00
  • usual-usdUsual USD (USD0) $ 0.997702
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,910.04
  • tbtctBTC (TBTC) $ 111,077.00
  • newton-projectAB (AB) $ 0.008614
  • walrus-2Walrus (WAL) $ 0.417397
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,786.13
  • memecoreMemeCore (M) $ 0.362811
  • syrupMaple Finance (SYRUP) $ 0.525412
  • flowFlow (FLOW) $ 0.352273
  • decentralandDecentraland (MANA) $ 0.287112
  • falcon-financeFalcon USD (USDF) $ 0.997021
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 111,129.00
  • coredaoorgCore (CORE) $ 0.512946
  • morphoMorpho (MORPHO) $ 1.60
  • bitcoin-svBitcoin SV (BSV) $ 25.49
  • apecoinApeCoin (APE) $ 0.632684
  • ripple-usdRipple USD (RLUSD) $ 0.999666
  • thorchainTHORChain (RUNE) $ 1.41
  • true-usdTrueUSD (TUSD) $ 0.999179
  • based-brettBrett (BRETT) $ 0.049668
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,786.87
  • mog-coinMog Coin (MOG) $ 0.000001
  • chain-2Onyxcoin (XCN) $ 0.014041
  • staked-hypeStaked HYPE (STHYPE) $ 41.53
  • venomVenom (VENOM) $ 0.225882
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999894
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.181058
  • usddUSDD (USDD) $ 1.00
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007629
  • heliumHelium (HNT) $ 2.40
  • dexeDeXe (DEXE) $ 7.74
  • starknetStarknet (STRK) $ 0.122180
  • apenftAPENFT (NFT) $ 0.00000044
  • beldexBeldex (BDX) $ 0.061320
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004379
  • kavaKava (KAVA) $ 0.402836
  • stader-ethxStader ETHx (ETHX) $ 2,965.38
  • dydx-chaindYdX (DYDX) $ 0.568649
  • compound-governance-tokenCompound (COMP) $ 45.50
  • ether-fiEther.fi (ETHFI) $ 1.12
  • neoNEO (NEO) $ 5.89
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • elrond-erd-2MultiversX (EGLD) $ 14.30
  • usdbUSDB (USDB) $ 0.999917
  • conflux-tokenConflux (CFX) $ 0.078072
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.26
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • ecasheCash (XEC) $ 0.000019
  • deepDeepBook (DEEP) $ 0.154271
  • movementMovement (MOVE) $ 0.147817
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,073.66
  • axie-infinityAxie Infinity (AXS) $ 2.29
  • aioz-networkAIOZ Network (AIOZ) $ 0.319076
  • eosEOS (EOS) $ 0.521727
  • build-onBUILDon (B) $ 0.373915
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 110,801.00
  • swethSwell Ethereum (SWETH) $ 3,049.52

Stablecoin banks like Erebor could inherit DeFi’s weakest links, says Web3 security firm

0 9

Stablecoin banks like Erebor could inherit DeFi’s weakest links, says Web3 security firm

As Erebor fills the void left by the collapsed SVB, experts are warning about the potential risks of stablecoin integration with banking.

Stablecoins are increasingly integrating with traditional finance, which presents both risks and opportunities. Amid the launch of a stablecoin-powered bank, Erbor, backed by Palmer Luckey and Palantir’s Joe Lonsdale, crypto is becoming increasingly exposed to DeFi.

Mitchell Amador, CEO of the blockchain security firm Immunefi, shared his insights with crypto.news on this topic. According to Amador, the integration between banks and DeFi protocols carries several structural trade-offs. Notably, banks will gain access to more functionality but also become more exposed to risk.

“This proposal to use stablecoins so ambitiously is actually very natural. And it’s probably going to be, at this rate, the future of fintech and banking more broadly. However, this approach carries risks. By exporting most of your underlying ledger and making your bank products widely interoperable with a broader financial ecosystem, you become reliant on that ecosystem — especially on stablecoin standards and the smart contracts behind them — and responsible for securing them,” Mitchell Amador, Immunefi.

You might also like: Hackers keep exploiting audited DeFi protocols: What’s missing? | Opinion

Banks will have to learn DeFi security

Most banks rely on regulated and closed systems, including SWIFT and Fedwire, for transfers. On the other hand, DeFi protocols are controlled by third parties, relying on smart contracts that could have vulnerabilities.

“You also develop a very particular focus on crypto authentication and crypto security, especially in the context of treasury management. Not all banks will succeed in this endeavor. Consider that most exchanges are effectively stablecoin-based banks today, with one loose bridge out into the fiat world. That’s basically what is being proposed here as well,” Mitchell Amador, Immunefi.

In recent years, crypto firms have had issues getting access to banking services, which saw the business as too risky. One bank, SVB, which regularly served crypto clients, collapsed in 2023, due to its reliance on U.S. Treasury yields.

Read more: $2.4B lost in 2025 H1 crypto hacks — exchanges and DeFi hit hardest: report

Source

Leave A Reply

Your email address will not be published.