Ripple is executing a strategic pivot that could redefine the role of Ripple (XRP) in global finance. Alexis Sirkia, Captain of the Yellow Network, believes the launch of Ripple USD (RLUSD) and the first U.S.-based XRP ETFs could reignite transaction volume on XRPL. RLUSD-XRP Synergy Fuels Liquidity and Adoption Sharing his views with CryptoPotato, Sirkia…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The stablecoin market is once again making headlines as two of the largest issuers, Tether (USDT) and Circle (USDC), significantly expanded supply in just hours. According to data shared by Lookonchain, Tether minted another 1 billion USDT, while Circle printed 500 million…
The US Commodity Futures Trading Commission is looking to allow tokenized assets, including stablecoins, to be used in derivatives markets as collateral in a move supported by crypto executives. CFTC acting chair Caroline Pham said on Tuesday that her agency will “work closely with stakeholders” on the scheme and is encouraging feedback on using tokenized…
Key Takeaways Tether, issuer of the USDT stablecoin, is seeking funding at a $500B valuation. USDT remains the world’s most used dollar-pegged digital asset, now exceeding $170B in market cap. Share this article Tether, the company behind the USDT stablecoin, is seeking to raise funding in a deal that could value it at around $500…
Tokenization is not new, says Morgan Krupetsky of Ava Labs, but this time, it’s here to stay. Summary Tokenization isn’t new, says Morgan Krupetsky of Ava Labs, and Avalanche was a first adopter Stablecoins are the real, proven use case for tokenization, with over $280 billion market cap The future is in DeFi integration into…
UXLINK suffered an exploit on September 22 that drained over $11.3 million in assets from the project. The incident involved hackers who took advantage of a vulnerability in the project’s multi-signature wallet that let them gain admin rights. Details of the Breach Blockchain security firm CyversAlerts alerted the community to the breach via an X…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Notable attention and interest are currently being directed to the Solana blockchain following the introduction of the SOL treasury reserves, which have seen persistent growth. While the SOL blockchain continues to demonstrate its dominance, Forward Industries is about to launch its tokenized…
With members of the US Senate Banking Committee expected to vote on legislation to address digital asset market structure by the end of the month, one of the bill’s proponents has suggested that the chamber’s version could address fraud through cryptocurrency ATMs. In a Monday X post, Wyoming Senator Cynthia Lummis said one of the…
Key Takeaways The SEC approved amendments allowing Grayscale’s Ethereum Trust and Mini Trust to be listed under NYSE Arca’s new generic Rule 8.201-E. The shift from non-generic to generic listing standards simplifies the process for Ethereum-based ETFs and signals broader market acceptance. Share this article The SEC has approved NYSE Arca’s proposal to transition Grayscale’s…
Fold just made earning Bitcoin as easy as swiping a card—no hoops, no juggling tokens, just real BTC with every purchase. Summary Fold launched a Bitcoin rewards credit card backed by Visa and Stripe, offering up to 3.5% back in BTC. Cardholders can also earn up to 10% back at major retailers, expanding Fold’s $83…
