Robinhood adds USDC as the first stablecoin in its crypto lineup, while Binance and WazirX exchanges say they will delist USDC in favor of other stablecoins (Michael Bellusci/CoinDesk)

Jamie Crawley / CoinDesk:
Binance will stop supporting the world’s second biggest stablecoin USDC and convert users’ USDC, USDP, and TUSD into its own stablecoin BUSD on September 29  —  The action effectively removes the world’s second biggest stablecoin USDC as a tradeable asset on Binance’s platform.

Cameron Thompson / CoinDesk:
Robinhood releases its non-custodial, Polygon-based crypto wallet, Robinhood Wallet, in beta to 10,000 users who signed up in May  —  Robinhood has been steadily moving away from its original “walled garden” approach to crypto over the past year.  —  No-fee trading platform Robinhood …

Amitoj Singh / CoinDesk:
Binance-linked crypto exchange WazirX says India’s Enforcement Directorate has “unfrozen” or restarted its bank account; the ED raided its office on August 5  —  The account was frozen in relation to the “illegal loan apps” scam investigation, which has come under the national spotlight.

Brandy Betz / CoinDesk:
Shardeum, an Ethereum virtual machine-based sharded blockchain co-founded by Nischal Shetty, a co-founder of the crypto exchange WazirX, raised an $18.2M seed  —  The co-founder of WazirX, India’s largest crypto exchange, is now trying to expand a network that promises greater scalability, faster transaction times and lower fees.

Divya Balji / Bloomberg:
Coinbase’s stock closes down 10.78% and Robinhood Markets closes down 19.04% as the Binance-FTX deal spotlights the challenges facing the $1T crypto industry  —  Robinhood Markets Inc. tumbled by the most in more than a year after Binance Holdings Ltd. agreed to acquire Sam Bankman-Fried’s …

Mary Ann Azevedo / TechCrunch:
Robinhood launches a waitlist for Robinhood Retirement, which it calls the “first and only” IRA with a 1% match on every eligible dollar contributed  —  Fintech says its will offer a 1% match on every eligible dollar contributed to its IRAs  —  Retail trading app Robinhood is entering the retirement game.