Ripple (XRP) News Today August 28th
Ripple, its native token XRP, and its stablecoin RLUSD remain some of the most intriguing topics in the crypto space. In the following lines, we will touch upon the latest…
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US Banks Demand Stablecoin Yield Ban While Paying Depositors Nearly Nothing
Banks in the United States are lobbying to change new stablecoin regulations under the GENIUS Act, fearing massive deposit outflows as crypto exchanges gain a competitive advantage in offering yield…
Ripple Taps SBI to Distribute RLUSD Stablecoin in Japan, But XRP Falls
Ripple Labs has entered into a collaboration with SBI Holdings, a major Japanese financial services conglomerate, according to an announcement on Friday. The memorandum of understanding is to distribute Ripple’s…
MetaMask Enters Stablecoin Wars With Stripe-Backed mUSD Launch
Consensys-developed self-custodial wallet, MetaMask, has introduced its native stablecoin, MetaMask USD (mUSD). The launch is significant as it marks the first instance of a self-custodial wallet issuing a native stablecoin.…
Fed Governor Touts DeFi, Stablecoins, and RWA Tokenization in Pro-Crypto Speech
Speaking at the Wyoming Blockchain Symposium on Wednesday, central bank Governor Christopher Waller said, “the payment system is experiencing what I have called a ‘technology-driven revolution’.” He added that this…
Ethereum’s Corporate Treasuries Exploded 127% in July Amid Capital Rotation: Binance Research
Bitcoin maintained its role as the market’s anchor asset in July, to a fresh record of $123,000. Its performance, however, coincided with a notable change in market structure as investor…
Transak Raises $16M From Tether and IDG Capital to Develop Stablecoin Payments Framework
A pioneering firm in the evolution from TradFi to DeFi in payments has received backing from prominent patrons to continue developing its product. Backed By Giants According to a press…
Ripple (XRP) News Today August 5th
Developments surrounding the case against the SEC, the advancement of RLUSD, and enhanced XRP price volatility – check out some of the latest news associated with Ripple and its native…
Ethena’s USDe Market Cap Jumps 75% in a Month Amid Treasury Launch
Ethena’s synthetic dollar stablecoin, USDe, has seen impressive market growth in recent weeks. Its market cap now stands at $9.3 billion. Over the past month alone, it increased by 75%,…
Smart Money Flows Into ETH, SOL, and RWAs,While Stablecoins Decline: Report
Ethereum and Solana are the key players for derivatives, while Ondo Finance continues to make waves in the RWA space. Stablecoin movements are signalling a continuation of the current rally.…