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Data shows that Ripple’s stablecoin RLUSD has crossed the 300 million threshold in total issuance. By the close of April, RLUSD’s circulating supply expanded from 294 million to its present total of 312 million coins. RLUSD Supply Jumps Past 300M Coins Ripple’s dollar-linked stablecoin RLUSD has expanded its supply by 61.66% since March 31. Following … Read more
Ripple’s USD-backed stablecoin RLUSD is exploding across finance, powering everything from institutional collateral and DeFi trades to tokenized assets and global peer payments—all on the XRP Ledger. Ripple Spotlights RLUSD’s Expanding Real-World Use Cases Across Finance Ripple provided an in-depth look on May 13 at the growing number of real-world use cases for stablecoins, with … Read more
Atlanta-based firm Bitpay has introduced HODL Pay, enabling users to borrow stablecoins against cryptocurrency holdings for payments without liquidating assets. The service integrates decentralized finance (DeFi) protocols with Bitpay’s merchant network. Crypto Users Can Now Borrow Stablecoins via Bitpay’s HODL Pay In a message shared with Bitcoin.com News, Bitpay explained that in order to use … Read more
According to data retrieved from Tether’s reserves portal, the stablecoin behemoth has officially surpassed the $150 billion threshold for the first time on record. Tether’s Net Circulation Swells Past 150B as It Widens Lead USDT, Tether’s U.S. dollar-linked token, holds the title of the largest fiat-referenced digital asset by market capitalization. This week, the firm’s … Read more
Crypto bank Anchorage Digital has announced an agreement to acquire Mountain Protocol, the issuer of the USDM stablecoin. Expanding Anchorage’s Stablecoin Capabilities Anchorage Digital, federally chartered crypto bank in the U.S., has announced an agreement to acquire Mountain Protocol, the company behind the USDM stablecoin. The deal, which is still subject to regulatory approval, integrates … Read more
Ki Young Ju, CEO of Cryptoquant, states that due to upcoming regulations, dark stablecoins—an alternative not under government control—will rise as people use them for large international transfers and other use cases that may invite scrutiny. Cryptoquant CEO Predicts Rise of ‘Dark Stablecoins’ in Face of Upcoming Regulation The increasing relevance of stablecoins and the … Read more
Stablecoin market capitalization declined by $36.95 million over the past week, reflecting a marginal 0.02% contraction. Weekly Stablecoin Market Shrinks by $36.95M The total market cap for stablecoins currently stands at $242.97 billion, according to data from defillama.com. Despite the small drop, the stablecoin sector remains resilient with major tokens like tether ( USDT) reinforcing … Read more
Bill Miller IV, chief investment officer at Miller Value Partners, told CNBC that cryptocurrency governance is rapidly evolving. He added that bitcoin has once again crossed the six-figure threshold and, in his view, still “has a lot of room to go.” Miller Calls Bitcoin a Check on Fiat Abuse, Hints at $20T Potential During the … Read more
Crypto adoption is about to hit escape velocity as Meta, Stripe, and Ramp embrace stablecoins, setting the stage for a $10 trillion surge in digital asset integration, experts say. Stablecoins Hit Mainstream—Crypto Adoption Reaching Escape Velocity The accelerating shift toward stablecoin adoption reached a new milestone this week as Meta, Stripe, and Ramp each revealed … Read more
Ripple’s CEO pushes for urgent U.S. action as stablecoins skyrocket globally, warning that without clear rules, America risks falling behind in the digital currency race. Ripple CEO Urges Congress to Act Fast as Stablecoins Erupt Worldwide Ripple chief executive Brad Garlinghouse raised alarms on social media platform X Thursday, following the U.S. Senate’s failure to … Read more