Pantera Partner: Understanding the Cross-Chain Clearing Layer Everclear
Currently, there are dozens of active L1s, and with the emergence of rollup services, the number of L2s has also exploded.

Currently, there are dozens of active L1s, and with the emergence of rollup services, the number of L2s has also exploded.
Fidelity's $FETH ETF joins others like BlackRock's $ETHA and VanEck's $ETHV as SEC approves spot Ethereum ETFs. Trading awaits S-1 filing approvals, with timelines uncertain despite ongoing discussions.
BlackRock's $ETHA Ethereum spot ETF listed on DTCC after SEC's nod. Trading awaits S-1 approval; delays expected, but optimism prevails.
Tether Treasury's substantial transfer of USDT tokens to Bitfinex, valued at $229,956,875, has stirred interest within the crypto community. As the market reacts to Bitcoin's recent swings and Tether's significant move, the impact on overall market dynamics remains to be seen.
According to DTCC’s spokesperson, appearing on the list is not indicative of an outcome for any outstanding regulatory or other approval processes.
Chinese firms stand out as some of the most active buyers in the global commodities market, and officials believe that the incorporation of the digital yuan in clearing houses will enhance the security of cross-border settlements for bulk commodities.
The project, which has been in progress since December 2021, gained momentum with the endorsement of Pang Hue Kai, CEO of Tokokrypto, a licensed Indonesian crypto exchange partly owned by Binance.
In the past several years, DCR has observed increased interest by DCOs and DCO applicants.
CFTC Chair Rostin Behnam had previously said the plans to streamline financial market structure were a potentially unique disruptive innovation.
Though the protocol offers an arguably lucrative yield of 4% per year, it's only available to accredited investors as of now.