PANews reported on October 1 that the DeFi protocol Spark released its roadmap for the next six months today, planning to launch several new products including Savings V2, Spark Institutional Lending, and the mobile application Spark Mobile, and further expand stablecoin liquidity services and automated trading business.
According to the roadmap, Savings V2 will launch on the Ethereum mainnet in October of this year after receiving governance approval. This version will add support for USDT and ETH, in addition to the existing USDC vault (TVL has reached $620 million). Spark Institutional Lending will leverage the Morpho V2 architecture to provide fixed-rate loans to institutions. It is expected to launch by the end of this year with an initial liquidity of over $100 million and is expected to grow to over $1 billion.

Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more

