Ripple USD Approved Dubai Crypto Expansion
@Ripple’s RLUSD stablecoin gains regulatory approval in Dubai’s financial free zone, boosting enterprise adoption and Ripple’s influence in the UAE’s digital asset sector. #Update #Crypto $RLUSD (+6) ↗
Stablecoin
Stablecoin Circle Eyes $7.2B IPO Valuation
@Circle is targeting a $7.2 billion valuation in its upcoming IPO, with @BlackRock planning to acquire 10% of shares. #Update #Crypto $USDC (+6) ↗
Stablecoin Bill Approval Imminent in Senate
The U.S. Senate may approve the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act this week, impacting $250B stablecoin market cap with new regulations. #Update #Legal $USDT (+6) ↗
Stablecoin Market Nears $250B Milestone
The stablecoin market grew by $1.31 billion this week, nearing a $250 billion total market cap, just $2.42 billion away from the milestone. #Update #Crypto (+4) ↗
Crypto: Santander Unveils Stablecoin Services
@Openbank, part of Banco Santander, plans to launch stablecoins and expand crypto services, focusing on USD-pegged options for Latin America under MiCA regulations. #Update #Crypto (+4) ↗
Stablecoin Launch Gold-Backed USDKG Kyrgyzstan
Kyrgyzstan launches $USDKG, a gold-backed stablecoin, as part of its national Web3 strategy with government support and third-party audits for transparency. #Update #Crypto $USDKG (+6) ↗
Crypto Exchange Bitget Launches Yield-Bearing BGUSD
@Bitget launched BGUSD, a stable asset certificate offering a 4% annual yield, backed by tokenized real-world assets like money market funds and U.S. Treasuries. #Update #Crypto $BGUSD (+3) ↗
Crypto: Biden’s Impact vs Trump’s Plan
U.S. Treasury Secretary Scott Bessent announced the Trump Administration’s focus on crypto tokens tied to the U.S. dollar, potentially boosting demand for U.S. Treasury bonds. #Breaking #Crypto (+9) ↗
Stablecoin Launch Planned by US Banks
@JPMorgan, @BankofAmerica, @Citi, and @WellsFargo consider a joint stablecoin to streamline payments amid declining traditional banking demand. #Update #Crypto (+4) ↗
Crypto Banks Prepare Stablecoin Revolution
Leading U.S. banks collaborate on stablecoin projects linked to the dollar, pending the GENIUS Act’s Senate approval, reports @WSJ. #Update #Crypto (+4) ↗
Stablecoin Launch: Braza Group on XRP
@BrazaGroup launches USDB, a dollar-pegged stablecoin on the XRP Ledger, available to institutional clients now and retail customers via app in May. #Update #Crypto $XRP (+3) ↗
Stablecoin Bill: Catalyst for Crypto Surge
The U.S. Senate’s 66–32 vote advancing the Guaranteed Essential Neutral and Interoperable Uniform Stablecoins (GENIUS) Act marks a key step for institutional crypto adoption, says @BitwiseInvest’s Matt Hougan. #Update #Legal (+6) ↗
Stablecoin Initiative: South Korea Pegs Won
Lee Jae-myung proposes a stablecoin pegged to the won, aiming to stabilize South Korea’s financial system and allow pension fund investments in digital assets. #Update #Crypto (+4) ↗
Stablecoins Emerge as Crypto’s Killer App
Venture capitalists focus on stablecoins despite U.S. trade war tensions impacting liquid tokens, viewing them as crypto’s ‘killer app’ amid market shifts. #Update #Crypto $USDC (+3) ↗