The post VeChain’s $VET Joins Coinbase 50 Amid Hayabusa Upgrade appeared on BitcoinEthereumNews.com. Key Highlights: VeChain’s Hayabusa update to be launched today, December 2, 2025. The main change is its shift to the Delegated Proof of Stake system. Coinbase adds $VET to Coinbase 50 index. VeChain is getting ready to launch its Hayabusa upgrade today, December 2, 2025, at block number 23,414,000 on the VeChainThor mainnet. This upgrade is being considered as a major turning point as the system will shift from being secured by a small group of approved validators to a system where everybody who holds $VET tokens can take part and help secure the network by staking or by delegating their tokens. The main aim of this upgrade is to make the blockchain project all the way more decentralized, economically stable and easy to use. Democratizing Network Security with Delegated Proof of Stake The biggest change that will be the highlight of the Hayabusa upgrade is the switch to Delegated Proof of Stake system. As mentioned above, only a small group of validators was responsible for creating and securing the network but with this change, all those who own this token will be able to either stake their tokens or delegate it to a validator using the easy-to-use StarGate platform. In this way the community users will have a power in choosing who validates the network and the people who participate also receive the block rewards instead of just a few validators. As the block production will now depend on the combined stake of participants, it will improve security and be more community driven. Sunny LU;Protocol upgrades keep web3 reliable and maximally useful. And I believe it is important to make sure your community really knows what these changes mean for them – outside of the technical specs. In our case, tomorrow (December 2) we bring to the VeChain the… The post VeChain’s $VET Joins Coinbase 50 Amid Hayabusa Upgrade appeared on BitcoinEthereumNews.com. Key Highlights: VeChain’s Hayabusa update to be launched today, December 2, 2025. The main change is its shift to the Delegated Proof of Stake system. Coinbase adds $VET to Coinbase 50 index. VeChain is getting ready to launch its Hayabusa upgrade today, December 2, 2025, at block number 23,414,000 on the VeChainThor mainnet. This upgrade is being considered as a major turning point as the system will shift from being secured by a small group of approved validators to a system where everybody who holds $VET tokens can take part and help secure the network by staking or by delegating their tokens. The main aim of this upgrade is to make the blockchain project all the way more decentralized, economically stable and easy to use. Democratizing Network Security with Delegated Proof of Stake The biggest change that will be the highlight of the Hayabusa upgrade is the switch to Delegated Proof of Stake system. As mentioned above, only a small group of validators was responsible for creating and securing the network but with this change, all those who own this token will be able to either stake their tokens or delegate it to a validator using the easy-to-use StarGate platform. In this way the community users will have a power in choosing who validates the network and the people who participate also receive the block rewards instead of just a few validators. As the block production will now depend on the combined stake of participants, it will improve security and be more community driven. Sunny LU;Protocol upgrades keep web3 reliable and maximally useful. And I believe it is important to make sure your community really knows what these changes mean for them – outside of the technical specs. In our case, tomorrow (December 2) we bring to the VeChain the…

VeChain’s $VET Joins Coinbase 50 Amid Hayabusa Upgrade

2025/12/02 15:40

Key Highlights:

  • VeChain’s Hayabusa update to be launched today, December 2, 2025.
  • The main change is its shift to the Delegated Proof of Stake system.
  • Coinbase adds $VET to Coinbase 50 index.

VeChain is getting ready to launch its Hayabusa upgrade today, December 2, 2025, at block number 23,414,000 on the VeChainThor mainnet. This upgrade is being considered as a major turning point as the system will shift from being secured by a small group of approved validators to a system where everybody who holds $VET tokens can take part and help secure the network by staking or by delegating their tokens. The main aim of this upgrade is to make the blockchain project all the way more decentralized, economically stable and easy to use.

Democratizing Network Security with Delegated Proof of Stake

The biggest change that will be the highlight of the Hayabusa upgrade is the switch to Delegated Proof of Stake system. As mentioned above, only a small group of validators was responsible for creating and securing the network but with this change, all those who own this token will be able to either stake their tokens or delegate it to a validator using the easy-to-use StarGate platform.

In this way the community users will have a power in choosing who validates the network and the people who participate also receive the block rewards instead of just a few validators. As the block production will now depend on the combined stake of participants, it will improve security and be more community driven.

Dynamic Rewards and Inflation control to Support Long-Term Value

This upgrade will also change how the $VTHO token is created and rewarded earlier. With this upgrade, the amount of $VTHO generated will depend on how much $VET is staked. This helps control inflation and makes sure that the rewards go to people that are actually participating in keeping the network safe.

As more and more people use VeChain, more $VTHO gets burned as transaction fees, which creates natural deflation and can support the token’s value over time, without making transaction costs unpredictable or expensive.

Technical Enhancements and Developer Empowerment

The upgrade brings not only security and token rewards but it is also making technical improvements to make VeChain faster and easier to use. The upgrade introduces a new Staker contract that makes it simpler for validators to join, renew, delegate or exit the network. Performance will also increase with lower gas fees, better storage efficiency and faster block finality.

On the other end, new tools such as clearer error messages, improved admin APIs and full testnet mirroring help developers build and test dApps more reliably, supporting long-term ecosystem growth.

Market and Exchange Support

The upgrade has received support from various exchanges like Coinexcom, Upbit and KuCoin. All of these exchanges will temporarily pause the deposits and withdrawal of the $VET tokens. However, the trading will continue so that users are not affected.

Coinbase has also acknowledged VeChain’s importance and has added $VET to its Coinbase 50 index. This provides the project a great amount of visibility within the crypto space. After this announcement, the price of the $VET token increased.

These changes indicate that the upgrade is focused on building a project that truly puts users first, and is useful for real Web3 applications.

Also Read: Marinade Upgrades USDG Recipe For Flexible Solana Staking

Source: https://www.cryptonewsz.com/vechain-shine-joins-coinbase-hayabusa-upgrade/

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

MoneyGram launches stablecoin-powered app in Colombia

MoneyGram launches stablecoin-powered app in Colombia

The post MoneyGram launches stablecoin-powered app in Colombia appeared on BitcoinEthereumNews.com. MoneyGram has launched a new mobile application in Colombia that uses USD-pegged stablecoins to modernize cross-border remittances. According to an announcement on Wednesday, the app allows customers to receive money instantly into a US dollar balance backed by Circle’s USDC stablecoin, which can be stored, spent, or cashed out through MoneyGram’s global retail network. The rollout is designed to address the volatility of local currencies, particularly the Colombian peso. Built on the Stellar blockchain and supported by wallet infrastructure provider Crossmint, the app marks MoneyGram’s most significant move yet to integrate stablecoins into consumer-facing services. Colombia was selected as the first market due to its heavy reliance on inbound remittances—families in the country receive more than 22 times the amount they send abroad, according to Statista. The announcement said future expansions will target other remittance-heavy markets. MoneyGram, which has nearly 500,000 retail locations globally, has experimented with blockchain rails since partnering with the Stellar Development Foundation in 2021. It has since built cash on and off ramps for stablecoins, developed APIs for crypto integration, and incorporated stablecoins into its internal settlement processes. “This launch is the first step toward a world where every person, everywhere, has access to dollar stablecoins,” CEO Anthony Soohoo stated. The company emphasized compliance, citing decades of regulatory experience, though stablecoin oversight remains fluid. The US Congress passed the GENIUS Act earlier this year, establishing a framework for stablecoin regulation, which MoneyGram has pointed to as providing clearer guardrails. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/moneygram-stablecoin-app-colombia
Paylaş
BitcoinEthereumNews2025/09/18 07:04