Spark

Spark has shelved its consumer app indefinitely and is positioning itself as a backend liquidity layer for fintechs, exchanges and stablecoin issuers. The pivot comes as stablecoin markets splinter across competing tokens and networks, creating demand for infrastructure that can connect fragmented liquidity.

Ethereum Institutional has secured support from across the Ethereum ecosystem, including commentary from Standard Chartered Bank and several prominent industry firms. Backers say the initiative could speed institutional adoption and reinforce Ethereum’s role in tokenized assets and financial infrastructure.

Uniswap and Spark are teaming up to create shared liquidity infrastructure for stablecoins, a move aimed at making digital dollar trading more efficient. The initiative begins with a $150 million liquidity migration supporting USDS, USDT and PYUSD.