A new analysis by Scott Bessent suggests stablecoins, like USDT and USDC, could drive a substantial increase in demand for US Treasury securities, potentially impacting borrowing costs and […]
USDC Circulation Soars by $800 Million in One Week
Circle, the issuer of USDC stablecoin, has witnessed a surge in its circulating supply, increasing by $800 million within just one week. This growth marks a significant advancement […]
XRP Ledger Embarks on New Stablecoin Expansion with Three Fiat-Backed Tokens
The XRP Ledger (XRPL) is actively expanding its presence in the stablecoin market, launching three fiat-backed tokens this week: EURØP (euro), XSGD (Singapore dollar), and USDB (US dollar […]
Ripple’s RLUSD Achieves $244 Million Market Cap, Signaling Growing Adoption on XRPL
Ripple’s USD-pegged stablecoin, RLUSD, closed the first quarter of 2025 with a combined market capitalization of $244.2 million across the XRP Ledger (XRPL) and Ethereum. This accomplishment highlights […]
Is Qubetics the Top Crypto for Short-Term Gains? Analyzing the Stablecoin Surge and Its Impact on AAVE, Immutable X & More
The stability coin market is rapidly changing the crypto landscape. With major banks exploring a collaborative stablecoin network, the shift towards decentralized alternatives is gaining momentum. This trend […]
Cardano Founder Predicts US Banks’ Stablecoin Venture
Major U.S. banks like JPMorgan and Wells Fargo are exploring a joint stablecoin venture, fueled by rising interest in crypto adoption. This initiative comes as legislation supporting stablecoins […]
Trump-Backed Stablecoin USD1 Seeks New Heights after $200 Million Binance Transfer
A significant move in the cryptocurrency market has seen over $200 million of USD1 stablecoin transferred to Binance, raising eyebrows and creating buzz. This transfer, confirmed by Arkham […]
Stablecorp Raises $1.8 Million in Funding Led by Coinbase Ventures
Canadian fintech firm Stablecorp has secured a significant $1.8 million funding round led by Coinbase Ventures and other partners. This investment aims to expand the reach of their […]
Arthur Hayes Warns of Bank-Backed Stablecoins’ Threat to Circle’s USDC
Arthur Hayes, co-founder of BitMEX, issued a warning regarding the potential dominance of bank-backed stablecoins over Circle’s USDC. He expressed skepticism towards Circle’s market share in light of […]
U.S. Banks Team Up for Potential Joint Stablecoin Initiative
A major initiative from U.S. banks is gaining momentum as they explore a joint stablecoin project. Early discussions between JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo […]
XRP Plunges After Liquidations Hit, EURØP Debuts with EU Compliance
The XRP token experienced significant losses after over $9.9 million in liquidations from long positions were triggered by market volatility. Analysts attributed this to a shift in sentiment, […]
U.S. Banks Eye Collective Stablecoin Venture Amidst Regulatory Uncertainty
Major American banks are exploring a potential collaboration to launch a shared stablecoin, according to the Wall Street Journal. Early-stage discussions involve entities linked to JPMorgan, Bank of […]
XRP Aims for $3 Barrier: Stablecoin Launch Fuels Network Growth
Two new stablecoins, EURØP and USDB, have launched directly on the XRP Ledger. These additions are expected to boost activity on the network and potentially benefit the XRP […]
XRP Price Soars as Euro Stablecoin Fuels Breakout
The XRP price surged to a new all-time high on May 23, 2025, exceeding $4,500, driven by market excitement for the launch of stablecoins and heightened regulatory scrutiny.
Braza Group Launches Stablecoin on XRP Ledger for Faster Digital Payments in Brazil
Braza Group has launched USDB, a new stablecoin on the XRP Ledger, to revolutionize digital finance within Brazil. Backed by government bonds from both the United States and […]