According to @AggrNews, Fortune reports that Lighter raised $68 million at a $1.5 billion valuation in a round led by Founders Fund and Ribbit Capital, source: Fortune. For trading context, the confirmed deal size and headline valuation offer a clear late-stage fintech benchmark for private-market comparables and capital flow tracking, source: Fortune via @AggrNews.

According to @Celo, Ethereum’s on-chain stablecoin supply reached a new all-time high of $160B, based on Token Terminal data (source: Token Terminal via @Celo). According to @Celo, universal stablecoin platform M0 announced a $40M Series B led by Polychain, Ribbit Capital, and Endeavor Global’s Catalyst Fund, confirming fresh capital into stablecoin infrastructure (source: M0 via @Celo). These updates mark notable liquidity and infrastructure developments on Ethereum relevant to ETH market monitoring (source: @Celo).