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On Monday, the decentralized finance (DeFi) protocol Stream Finance announced that an external fund manager misplaced a jaw-dropping $93 million in Stream assets — sparking an immediate investigation and halting all withdrawals and deposits. In the chaos that followed, the DeFi project’s stablecoin XUSD lost its footing, tumbling to a painful low of $0.2473 per … Read more
Ripple’s RLUSD stablecoin has surged to a $1 billion market cap in its first year, accelerating institutional blockchain adoption and cementing Ripple’s leadership in compliant, transparent, and high-efficiency global digital settlements. Ripple’s RLUSD Stablecoin Surges to $1 Billion, Fueling Global Institutional Blockchain Growth Institutional adoption of blockchain-based financial solutions continues to accelerate, with Ripple emerging … Read more
XRP is accelerating into global finance’s spotlight as institutional adoption surges, fueled by XRPL innovation, RLUSD expansion, and growing regulatory clarity, with analysts projecting imminent ETF approval and sustained dominance across compliant, high-speed blockchain infrastructure worldwide. Research Shows XRP Gaining Institutional Traction Backed by XRPL and RLUSD Expansion XRP has emerged as the strongest performer … Read more
Coinbase Global Inc. is reportedly eyeing a $2 billion takeover of BVNK, a stablecoin infrastructure startup, in a move that could supercharge its bid to dominate crypto payments, “people familiar with the matter,” told Bloomberg. According to Bloomberg reporters Olga Kharif and Matthew Monks, Coinbase (Nasdaq: COIN) is in “late-stage” talks to acquire BVNK, pending … Read more
The latest data from defillama.com shows the stablecoin market didn’t skip a beat in October, climbing 2.47% even after trimming $1.84 billion in the past week. Tether ( USDT) was the main heavyweight, swelling its market cap by roughly $7.78 billion during the monthlong stretch. October’s Stablecoin Snapshot: Who Rose, Who Fell, and Who’s Still … Read more
A recent study by Electric Capital reveals that while stablecoin usage is global, the Americas lead in stablecoin activity compared to more populous regions. Wallet Size and User Activity Patterns According to the latest study by Electric Capital, stablecoin usage is global, but the Americas generate more stablecoin activity than even more populous regions. The … Read more
Ripio stated that the Argentine peso stablecoin, wARS, would be available on Ethereum, World Chain, and Base, as a key element to expand the exchange’s infrastructure in Latam. It stated that additional local stablecoins would be launched to support several use cases using blockchain tech. Ripio Debuts Digital Peso in Argentina, Plans Local Currency Stablecoin … Read more
Ripple is accelerating a global shift in humanitarian finance as its RLUSD stablecoin sees explosive growth and adoption by top aid organizations leveraging blockchain to deliver faster, cheaper, and more transparent disaster relief across underserved regions. Ripple Hits Hard With RLUSD Surge as Aid Giants Tap Blockchain for Relief Ripple’s increasing influence in blockchain-based philanthropy … Read more
Ripple’s RLUSD stablecoin gains powerful momentum as Bitpanda adds the dollar-backed token, expanding its global reach and reinforcing Ripple’s growing dominance in cross-border payments through transparent, compliant, and highly interoperable blockchain infrastructure. Ripple’s RLUSD Added to Bitpanda, Strengthening Ripple’s Stablecoin Network Growing interest in stablecoins continues to reshape the digital payments landscape as major exchanges … Read more
Tether has published a financial attestation prepared by BDO, a leading accounting firm, showing stellar results for the third quarter of the year. The company surpassed the $10 billion mark in profits year to date (YTD) with a $135 billion exposure to U.S. Treasuries. Tether Shows ‘Consistent Growth’ As Attestation Boasts Over $10B in Profit … Read more