🌎 Inversion Closes $26.5M Seed Round

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🌎 Inversion Closes $26.5M Seed Round

Santiago Roel announced Inversion’s $26.5M seed round, led by Dragonfly and backed by top crypto funds and some of the sharpest minds in the space.

What's Inversion, you may ask?

Honestly, I have to hand it to Santi. This might be one of, or the best, crypto idea I've ever heard.

Inversion is best described as a crypto-infused private equity play

It operates like a holding company acquiring traditional businesses, then upgrades them with blockchain infrastructure to reduce costs, speed up operations, and unlock entirely new services, while holding them forever.

If you want the full breakdown, make sure to read the piece we wrote on them.

But to keep it short: this is an attempt to flip the industry on its head.

For too long, speculation and money games in crypto have overshadowed the tech. We don't have a billion users because most people don’t want (or can’t afford) to gamble.

By inverting the adoption and distribution problem we now have a chance.

With this raise, Inversion can start scouting acquisition targets and begin bridging the world’s GDP onchain.

🌀 Hyperliquid’s Stablecoin War

Hyperliquid, THE fastest-growing decentralized exchanges and hottest L1, is launching its own native stablecoin: USDH. 

But instead of issuing it themselves, they opened the door for external players to content. 

Hyperliquid launched a competition for the USDH ticker, where validators will decide who issues their native stablecoin.

You may be wondering, what does this have to do with frontier markets? 

Not much really, but it fits nicely into the stablecoin theme we've been covering. Hyperliquid currently holds $5.9B in stablecoins (5th most of all blockchains), and 95% of it is USDC.

This means USDC is about to suffer an 8.4% total market cap hit once USDH goes live. Rough.

More importantly, Circle currently captures 100% of the yield on that float. With USDH, Hyperliquid stands to redirect over $220M annually into its own ecosystem, as projects propose slashing fees to as low as 0–5%.

As for who gets to issue it, the main proposals come from: Native Markets, Paxos, Ethena, Sky, Frax, and Agora.

Polymarket odds pictured below:

The winner stands to power Hyperliquids stablecoin ecosystem.

And in true DeFi fashion, it will unfold openly, onchain, and under the eyes of validator governance on September 14.

🇦🇷 Argentina

🇦🇷 USDT surges after Buenos Aires vote

Following Buenos Aires’ legislative elections, USDT hit its yearly high against the Argentinian peso while stablecoin trading volume spiked 75%, a clear hedge amid political uncertainty.

🇸🇻 El Salvador

🇸🇻 El Salvador adds gold to its reserves

El Salvador bought 13,999 troy ounces of gold ($50M) for the first time in 35 years, boosting its reserves by 31% as part of a broader strategy to diversify their reserves.

🇸🇻 El Salvador buys 21 BTC for Bitcoin law anniversary

El Salvador acquired 21 BTC ($2.3M) to commemorate four years of its Bitcoin law, bringing total holdings to around 6,313 BTC, despite IMF pressure to halt purchases

🇻🇪 Venezuela

🇻🇪 “Binance dollars” replace bolívar in Venezuela

With inflation at 229%, USDT, nicknamed “Binance dollars”, is now used for everyday payments. On Binance it trades at 219.62 Bs, between the official (151.57) and black market (231.76) dollar rates.

🇮🇳 India 

🇮🇳 India stalls comprehensive crypto law amid systemic risk fears

India will keep partial crypto oversight, fearing full regulation would legitimize the asset class and pose systemic risks, per a leaked government document.

🇪🇸 Spain 

🇪🇸 BBVA partners with Ripple for crypto custody in Spain

BBVA will use Ripple’s custody tech to offer BTC and ETH services to retail clients in Spain, expanding their partnership as MiCA enables compliant digital asset offerings.

🇰🇿 Kazakhstan 

🇰🇿 Kazakhstan to launch crypto reserve by 2026

President Tokayev ordered the creation of a national crypto reserve and digital asset law by 2026, expanding the digital tenge, Bitcoin ETF access, and plans for a “CryptoCity.”