News
Ripple has completed its acquisition of Hidden Road, a move that will expand its fintech services for institutional clients and boost the utility and reach of its RLUSD stablecoin.
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Stablecoin News
One of the hindrances to mainstream cryptocurrency adoption is price volatility, as these assets are freely traded in the open market without central administrators tasked with maintaining price stability. The anticipation of potential losses and gains has hindered cryptocurrency’s use as a medium of exchange. Stablecoins, however, are cryptocurrencies designed to maintain a stable value over time, making them ideal for commercial transactions.
The introduction of stablecoins in the cryptocurrency market ushered in a new wave of liquidity, as exchanges were able to provide trading pairs with tokens representing traditional fiat currencies.
Stablecoin design takes many different forms, each with its own tradeoffs:
- Reserve-backed stablecoins: Cryptocurrencies pegged to the value of a fiat currency held in reserve by a company or consortium. E.g., Tether (USDT), USD Coin (USDC) and Paxos Standard (PAX).
- Collateralized stablecoins: Tokens backed by other cryptocurrencies that retain a one-to-one value with a fiat currency through over-collateralization to absorb potential volatility of the underlying assets. E.g., Dai and BitUSD.
- Algorithmic (seigniorage supply) stablecoins: Rather than using a reserve or collateralization to maintain a stable value, these stablecoins are facilitated through an automated expansion and contraction of the monetary supply, emulating the role of central banks in the fiat economy. E.g., Basis.
- News
JPMorgan sees Coinbase unlocking billions through its Base layer-2 network and USDC rewards overhaul, lifting its price target and fueling a sharp stock rally.
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Early BTC whales shift to ETFs, giving up keys for TradFi perks, as BlackRock conversions rise and onchain self-custody breaks a 15-year uptrend.
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Bitcoin may still be on track to $200,000 before the end of the year despite the recent market crash, but a lack of ETF buying continues to limit upside potential.
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The stablecoin cross-border integration will only be for payments coming from and going to the United States, Zelle's parent company said.
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Tether projects $15 billion in profit for 2025, extending its dominance in the stablecoin market as investor interest and digital dollar adoption surge.
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This could make Bitcoin and Ether more attractive to institutional investors seeking to maximize the utility of their assets.
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Custodia Bank has launched a solution that lets banks tokenize deposits, enabling them to benefit from blockchain’s advantages while safeguarding customer deposits.
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The remaining “10%” of issues center mainly on DeFi, which Brian Armstrong says lawmakers are addressing carefully to preserve innovation.
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Aave Labs’ latest deal follows a string of institutional initiatives, including its Maple Finance integration and Horizon RWA marketplace.
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As Treasury yields sink, Spark’s $100 million move into Superstate’s regulated crypto carry fund signals DeFi’s pivot toward uncorrelated yield sources.
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Latin Americans are using stablecoins and crypto to combat inflation and access banking services where traditional systems have failed, according to the co-CEO of Bybit LATAM.
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Turkey’s $200 billion crypto market leads the MENA region, but has been fueled more by speculative activity than by sustainable adoption, according to Chainalysis.
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Russian oil companies have increasingly relied on digital assets and crypto platforms to circumvent financial sanctions, according to the European Commission.
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A new a16z report finds that stablecoins now account for over 1% of US dollars in circulation as institutions and fintechs get involved.
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