Zerohash has integrated the Monad Layer 1 blockchain and USDC issued on Monad into its crypto infrastructure platform, enabling clients to deploy stablecoin payment services without operating their own blockchain stack or licenses. The company, valued at $1 billion after a Series D-2 round that lifted its total funding to $275 million, said the setup targets use cases such as real-time account funding, cross-border transfers, B2B settlement, and onchain commerce. Executives from Zerohash and the Monad Foundation highlighted Monad's performance and cost profile, and Zerohash plans to add more stablecoins on Monad as they launch.

Fidelity Investments launched its U.S. dollar-backed stablecoin, Fidelity Digital Dollar (FIDD), for retail and institutional users. Issued on Ethereum, FIDD can be bought or redeemed directly with Fidelity for $1 via its platforms, will trade on external exchanges where listed, and is transferable to any Ethereum mainnet address.

Bitwise Asset Management has rolled out its first onchain vault strategy on the Morpho decentralized lending platform, aiming for yields of up to 6% on USDC. The vault allocates capital to over-collateralized lending markets while Bitwise handles strategy design and risk oversight, with user assets remaining non-custodial onchain.

The Government of Bermuda announced at the World Economic Forum in Davos that it is collaborating with Coinbase and Circle to develop what it calls a fully onchain national economy. The plan includes piloting stablecoin payments across government agencies, expanding USDC use among local merchants, and supporting financial institutions in adopting tokenization and other digital finance tools. Building on its 2018 Digital Asset Business Act and prior USDC airdrop initiatives, Bermuda aims to lower payment costs and broaden access to global finance for residents and businesses.

JPMorgan analysts said crypto ETF flows are showing signs of stabilizing in January after bitcoin and ether products saw outflows in December. They attributed the recent correction mainly to investor de-risking triggered by MSCI’s October 10 announcement concerning MicroStrategy, rather than worsening liquidity. Equity ETFs drew a record $235 billion globally in December, the analysts noted.

Privacy-focused tokens such as Zcash have sharply appreciated in recent months, while venture firms highlight privacy as a core focus area for 2026. Investors argue that institutional traders, traditional finance and everyday users increasingly need confidential onchain activity, even as regulatory uncertainty and usability challenges still threaten broader adoption.

Pyth Network has introduced monthly PYTH buybacks funded by network revenue, committing 33% of the DAO treasury starting this month, according to Michael James of Douro Labs. The inaugural purchase is expected at $100,000–$200,000 with the treasury near $500,000. Pyth Pro reached $1 million ARR in its first month since launching in late September, alongside 80+ subscribers and steady inbound leads.

Venture capital investors attribute the recent digital asset downturn to two primary factors: the October 10 liquidation event and worsening macroeconomic conditions. Key market stabilization signals include Federal Reserve policy clarity, consistent economic data releases, and sustained capital inflows into cryptocurrency investment products. Several investors note improving risk-reward ratios as valuations for revenue-generating tokens have reset to 2024 levels despite stronger fundamental metrics.

Major bitcoin traders significantly increased their exchange deposits following last week's price decline to approximately $80,000, data show. On November 21, total bitcoin transfers to exchanges reached 9,000 BTC, with 45% originating from large deposits of 100 BTC or more. The average bitcoin deposit value climbed to 1.23 BTC in November, marking the highest level in a year.