The Rise of Stables in Cosmos

1. Stable: Stablecoin chain powered by USDT

2. Noble: Cosmos’s stablecoin issuance layer (USDC, USDN)

3. Ondo Finance: RWA tokenization, especially U.S. Treasuries (USDY, OUSG)

4. Shade Protocol: Privacy-preserving & basket-pegged stablecoin SILK

5. Pryzm: IBC access to sUSDC from SKY on Ethereum

Highlights from Sovereign EVM Day

• 18 projects building on sovereign EVM tech on Cosmos

• Mainnet launch of XRPL EVM Sidechain

• Showcasing Stride DEX powered by IBC Eureka

• Bringing 1B Telegram users on-chain via TAC

• Babylon Dual VM (CW + EVM)

The EVM is tacking over Cosmos

• Ripple (XRPL EVM Sidechain; live on mainnet)

• Sei Network (Parallelized EVM, live on mainnet)

• TacBuild (Telegram DeFi chain; live on dev mainnet)

• MANTRA (MultiVM L1 for RWAs; live on testnet)

• Injective (The unified EVM layer; live on testnet)

• Babylon (Center for BTCFi; under development)

• Cosmos Hub (Cross-chain interop Hub; under development)

Every real business will have its own blockchain

And Cosmos offers the best tech to build a sovereign chain:

1. It gives businesses full-stack control

2. IBC Eureka lets you connect everywhere

3. Cosmos EVM opens the ecosystem to millions of developers

Osmosis Tokenomics Revamp

• Shift from inflation-based rewards to real protocol revenue

• Gradually reduce token emissions to near-zero

• Increase burn rates to make $OSMO deflationary

• Daily burn > daily emissions

Tokenized Stocks are live on Polaris

• Polaris just integrated xStocks

• Trade all coins across all chains

• Polaris is the everything (finance) app @sunny

Builder Codes are live on dYdX

• The easiest way for devs to monetize onchain order flow

• Apps, wallets, bots, and trading terminals can route trades through dYdX

• And generate revenue with every executed trade

• Fully permissionless, onchain & transparent

Crypto.com integrates dYdX Perps

• Trade crypto with up to 50x leverage on dYdX

• Directly from the Crypto.com onchain wallet

• Enabled by dYdX Builder Codes

First Nillion Mainnet upgrade is live!

• Introducing a powerful privacy layer leveraging blind compute tech

• Unlocking encrypted storage (nilDB),

• Private AI inference (nilAI), and

• Scalable access control (nilAuth) for devs.

Injective introduces iBuild

• dApp development enabled by natural language prompts

• Making Web3 app development easier than ever

• Deploy your dApp to the world with just one click

Lotus is live on Mocha Testnet

• Integrating TIA with Hyperlane

• Cutting inflation by 33%

• Moved from Devnet (Arabica) to Testnet (Mocha)

• Mainnet upgrade most likely later this month

XO Market raises $500k in Pre-Seed round

• Led by Delphi Ventures and Cyber Fund

• Building a “conviction” market leveraging Celestia for DA

• Permissionless markets: allowing anyone to open a market

• The pump, fun of prediction markets

Eclipse Airdrop Checker is Live!

Check our airdrop allocation here:

500K $STRD Burned

• That’s 0.5% of the total supply burned (in only 3 months)

• 80% of protocol fees are used to buy back & burn $STRD

• What will happen if Stride Swap goes live later this year?

ICF Treasury Snapshot June 2025

💰 Total Treasury Value: $254M 💰
▶️ $71M in Fiat (28.1%)
▶️ $71M in $BTC (28%)
▶️ $61M in $ATOM (23.9%)
▶️ $42M in $ETH (16.6%)
▶️ $8M in $TIA (3.1%)

Manic.Fun Secret Revealed

• Not an infrastructure project but an NFT collection

• Introducing Maniacs, an NFT community for Cosmonauts by Cosmonauts

• Supply: 10K

• Mint Price: 1 $ATOM, Mint date: tbd

• 100% of royalties will be sent to a burn addy

Spice Agents Website is live!

• NFT staking rewards and Akash Deployment Points

• Climb the spice ranks to unlock bonus rewards

• Spice Paper

• Mission Roadmap

That's it for today, thanks for reading folks.

We hope this article helped you stay up-to-date with the latest developments in the Cosmos ecosystem.

Disclaimer

This article is intended to educate readers about certain topics and should not be considered financial advice in any way.