KEYTAKEAWAYS
- Tether integrates Spark into its WDK, enabling non-custodial wallets for USD₮, XAU₮, and BTC with Lightning Network capabilities.
- The partnership with Lightspark enhances Tether’s privacy-focused, permissionless payment infrastructure, lowering barriers for developer wallet creation.
- Dinari to launch a Layer 1 blockchain for security tokens, built on Avalanche, improving settlement efficiency and cross-chain interoperability.
CONTENT
TETHER ANNOUNCES SPARK INTEGRATION INTO WDK
Tether announced the integration of Spark into its open-source Wallet Development Kit (WDK), supporting non-custodial financial infrastructure for the Bitcoin Lightning Network. WDK is a modular software toolkit that enables enterprises and developers to integrate non-custodial wallets for USD₮, XAU₮, and Bitcoin into any app, website, or device.
Lightspark’s Lightning Network infrastructure offers businesses tools for payment modernization, system integration, and new business use cases—aligning with Tether’s vision for a privacy-focused, permissionless financial system. This partnership underscores Tether’s commitment to enabling seamless value transfer between users and emerging AI systems.
ANALYSIS
This integration marks a significant step forward for open financial infrastructure by embedding advanced decentralized payment network capabilities into developer tools.
It lowers the barrier for creating user-controlled wallet applications while reinforcing privacy protection and permissionless innovation. Strategically, it positions Tether to support future human-AI economic interactions and accelerates the adoption of programmable, censorship-resistant financial experiences.
DINARI TO LAUNCH LAYER 1 BLOCKCHAIN
US-based blockchain stock trading startup Dinari announced the upcoming launch of its Layer 1 blockchain, the Dinari Financial Network. Designed as a coordination and settlement layer for securities issued on networks like Arbitrum, the network is custom-built using the Avalanche (AVAX) tech stack. The testnet is currently live, with a public release planned in the coming weeks.
ANALYSIS
The launch of Dinari Financial Network represents a new phase for blockchain-based securities trading. By serving as a dedicated coordination and settlement layer for security tokens, it enhances cross-chain interoperability and reduces settlement costs. Built on Avalanche technology, the platform offers high throughput and finality—critical for regulated securities markets. The live testnet demonstrates technical readiness, and the public launch could deliver a compliant, transparent infrastructure for both institutional and retail on-chain securities trading.
LIDO’S ETHEREUM STAKING MARKET SHARE DROPS TO 24.4%
Lido’s share of the Ethereum staking market has fallen to 24.4%, a record low. In contrast, Figment added the most new stakers in the past month—about 344,000—now holding 4.5% of all staked ETH. This shift signals a maturing staking ecosystem.
Once seemingly unshakable, Lido now faces strong competition from institutional operators, community-driven decentralized protocols, and exchange staking products. For Ethereum, such diversification could indicate healthier network decentralization. If the trend continues, 2025 may see the staking market move beyond single-provider dominance into a competitive, specialized service era.
ANALYSIS
The decline in Lido’s dominance reflects a structural shift toward a more balanced and resilient Ethereum staking landscape. Reduced concentration lowers systemic risk while fostering innovation and service improvements. The rise of institutional operators, decentralized protocols, and exchange-led products is transforming the market from monopoly-like control into a segmented, specialized industry. This diversified structure boosts decentralization and provides a healthier foundation for Ethereum’s long-term growth.
