Ripple’s RLUSD stablecoin will list on more exchanges “imminently,” according to Ripple president Monica Long, who also stated that $XRP is likely to receive its spot ETF approval “very soon.” • #Update • #Crypto • $XRP • (+4) • ↗
@Bitstamp now supports $RLUSD, Ripple’s stablecoin on Ethereum, tradable against USD, EUR, BTC, ETH, XRP, and USDT. This move aligns with Bitstamp’s expansion strategy and Ripple’s enterprise-grade DeFi ambitions. • #Update • #Crypto • @Bitstamp • (+4) • →
Agora and Galaxy complete the first live transaction of Agora’s AUSD stablecoin, marking a significant step in the stablecoin market expansion. • #Update • #Crypto • @Agora • (+4) • ↗
@Tether_to and @EthenaUSD saw $4B outflows early 2025, while $USD0 and $USDX gained in the $206B stablecoin market. • #Update • #Crypto • @Tether_to • (-3) • ↘
Chamath Palihapitiya, CEO of @SocialCapital, forecasts stablecoins will challenge @Visa and @Mastercard’s dominance by 2025 as President-Elect Trump tackles high credit rates. Stablecoin adoption hits a “point of no return.” • #Breaking • #Crypto • $USDC • (+8) • ↗
Ripple’s $RLUSD stablecoin supply on Ethereum surged by $4.4M in two weeks, yet over 70% remains with the Ripple Deployer wallet, raising questions about token control among 768 holders. • #Update • #Crypto • $RLUSD • (+3) • →
@fraxfinance launches $frxUSD stablecoin backed by @BlackRock’s BUIDL fund, bridging blockchain and traditional finance with a 1:1 USD peg and yield opportunities for users. • #Update • #Crypto • @fraxfinance • (+6)
@fraxfinance community approves frxUSD stablecoin backed by @BlackRock’s $648M US dollar Institutional Digital Liquidity Fund, marking a significant move in stablecoin backing. • #Breaking • #Crypto • @fraxfinance • (+8)
@SolanaNetwork added $1B in stablecoins, reaching $5B total, mainly $USDC, in December. #Update #Crypto @SolanaNetwork ↗ +4
@AvalonLabs raised $10M in Series A led by Framework Ventures to expand its BTC-backed stablecoin USDa ecosystem, aiming to enhance BTC’s utility beyond a store of value; USDa reached $700M TVL this month. #Update #Crypto @AvalonLabs ↗ (+4)
Banks across the US and Europe, including @SocieteGenerale and @Visa, are increasing efforts to issue stablecoins due to regulatory clarity from MiCA and market demand, with SG-Forge and others launching Euro-backed stablecoins. #Update #Crypto @SocieteGenerale ↗ (+4)
Vote to use @BlackRock’s BUIDL as a backing asset for the $FRAX stablecoin is live until Jan. 1, with unanimous support so far. #Update #Crypto @BlackRock ↗ (+4)
Brazil’s ban on self-custodial stablecoins is expected to drive further decentralization, as crypto executives highlight challenges in enforcement and cite historical trends. #Update #Legal @Cointelegraph ↗ (+3)
@Binance and @Kraken lead $10M Series A for @Usual’s stablecoin, $USD0, now with a market cap of $1.5B and real asset backing. #Update #Crypto @Usual ↗ (+6)
