Key Highlights: Ripple’s October 1 transparency report records $RLUSD circulation at $2,509.8 million across supported blockchains, backed by $2,633.8 million in dollar and cash-equivalent reserves. On the XRP Ledger (XRPL), transaction fees are destroyed at a minimum standard cost of 10 drops (0.00001 $XRP), while account and object reserve requirements lock up tokens rather than ...
Key Highlights Decentralized lending protocol Aave has introduced $USDC and $USDT deposit functionality originating from the BNB Chain ($BNB). Initial data reveals no recorded trading volumes for $USDC and $USDT immediately following the rollout, reflecting low immediate market activity. The integration aims to expand stablecoin utility, attract user engagement, and enhance platform liquidity amid growing ...
Key Highlights: Tempo, an emerging Layer-1 blockchain tailored for stablecoin finance, currently exhibits absent trading volume, reflecting early-stage market dynamics or limited liquidity. Backed by strategic ties with payment giant Stripe and venture firm Paradigm, the network is built to provide robust infrastructure for digital currency transactions. Rising stablecoin adoption across the broader cryptocurrency sector ...
Key Highlights: The European Securities and Markets Authority (ESMA) has issued updated guidance targeting crypto-asset service providers handling unauthorized stablecoins under the Markets in Crypto-Assets (MiCA) framework. Crypto firms must establish technical, contractual, and organizational controls to block European Union clients from purchasing or expanding exposure to non-compliant tokens. Firms are permitted to facilitate temporary, ...
Key Highlights: Samsung Galaxy users can now transfer Circle’s $USDC directly to compatible external crypto wallets or eligible bank accounts across more than 60 countries. Transfers sent to bank accounts are delivered in the recipient’s local currency, with Samsung waiving fees for transfers to compatible wallets. Transactions require biometric authentication on registered Galaxy devices and ...
Key Highlights SBI Group, Mesh, and Money Forward are partnering on a joint venture to build integrated digital asset and financial connectivity in Japan. The initiative will combine Mesh’s API connectivity infrastructure with SBI Group’s financial network and regulatory acumen, backed by management support from Money Forward. Initial operations will target account connectivity, crypto and ...
Key Highlights Blockchain analytics firm Crystal found that 74% of the Open USD ($OUSD) supply was held across just 10 wallets following its launch snapshot on Oct. 5. A vast majority of the supply remained idle in staged custody, including $396 million across eight Tempo wallets funded by Bridge and $200 million held within Coinbase ...
Key Highlights Polygon has surpassed 8.1 million Tether ($USDT) holders, establishing the largest USDT holder base across all blockchain networks. The growth milestone was highlighted by the commentator @0xPolygon on Twitter, underscoring the expanding stablecoin adoption on the layer-2 network. This surge in holders reflects robust network engagement and infrastructure strength, even amid mixed market ...
Key Highlights USDC has taken the lead in x402 agentic payments on the Algorand blockchain, recording $390.4K in transfer volume over the past 30 days. Algorand’s monthly agentic payment volume surpassed rival networks, outpacing Base’s $378.3K and Solana’s $360.5K. The milestone, highlighted by Token Terminal, points to rising adoption of decentralized payment infrastructure and could ...
Key Highlights: OKX founder Star Xu projects that blockchain and crypto industry transformations beginning in 2026 will vastly outpace the progress seen over the previous decade. Centralized exchanges are projected to evolve beyond pure trading hubs into comprehensive global platforms offering payments, asset storage, and tokenized shares. Advances in self-custody and on-chain infrastructure could allow ...
Key Highlights: Stablecoin infrastructure firm Rain has filed an application with the OCC to form Rain National Trust Bank, a New York-headquartered national trust bank. Led by proposed CEO Brandon Soto, the entity would hold institutional assets in fiduciary custody and support dollar-backed stablecoin issuance under the $GENIUS Act without offering retail loans or taking ...
Key Highlights: Global payments giant Visa has teamed up with $ADI Foundation to explore bridging traditional electronic payment rails with institutional blockchain infrastructure. The initiative seeks integration models that allow financial institutions to utilize blockchain technology without dismantling or replacing existing legacy systems. Visa continues its digital settlement push following landmark institutional pilots with Lloyds ...