Stablecoin

Bank of America: In on stablecoins?

June 16, 2025

Bank of America (BAC) CEO Brian Moynihan said Wednesday that the country’s second-largest bank is going to take a look at stablecoins after key crypto legislation passes. “We're working with the industry, working individually. We have this pretty well understood … but the problem before was it wasn't clear we were allowed to do it […]

Visa Stock Plunges: Here’s Why This Analyst Is Bullish

June 16, 2025

Visa (NYSE:V) was amongst several payment processor stocks taking a hit in Friday’s trading as crypto’s ongoing march toward mainstream adoption has sparked concerns about the implications for the group. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to […]

Cardano Founder Proposes Deploying $100M of ADA Treasury to Boost DeFi, Earn Yield, and Reinvest in ADA

June 16, 2025

Cardano founder Charles Hoskinson proposes a proactive strategy to create a self-sustaining funding loop using a portion of the ecosystem’s treasury funds. Hoskinson shared the proposal during a recent AMA session while responding to a user’s request for more stablecoin liquidity within the Cardano ecosystem. Converting $100M Worth of ADA to USDM Addressing the request, […]

‘I invested in a Ponzi scheme’: Nigerians fall victim to crypto scams

June 15, 2025

Lagos, Nigeria — Mandela Fadahunsi, who works at a technical training school in Ikeja in Nigeria’s Lagos, never believed he could fall victim to a Ponzi scheme. On April 6, the 26-year-old was starting his day when a WhatsApp notification lit up his phone screen. Someone on the group chat for investors of the cryptocurrency […]

Wall Street, Businesses, and Institutions Now Watching XRP: Flare Team

June 15, 2025

The Flare Network team has suggested that Wall Street firms, major companies, and institutions are now keeping a close eye on XRP. The team highlighted this amid growing interest in the XRP and XRPL ecosystems, as more businesses explore how to use the XRP Ledger (XRPL) in real-world financial systems. XRP Now Capturing Mainstream Attention […]

Top 3 Reasons to Buy Solana Right Now

June 13, 2025

Key Points A lot more users and developers are using Solana than before. It's continuing to increase its links with traditional financial system payment rails. Applications hosted on the chain are generating real revenue, and more than before. 10 stocks we like better than Solana › History books are full of boomtowns that thrived because […]

Ondo Finance Brings Tokenized Treasuries to the XRP Ledger with Seamless Mint & Redeem via Ripple’s RLUSD Stablecoin

June 13, 2025

Ondo Short-Term US Government Treasuries (OUSG) is now available for Qualified Purchasers on the XRP Ledger with seamless mint/redeem functionality via RLUSD. Ondo Finance has launched its flagship tokenized US treasury fund, Ondo Short-Term US Government Treasuries (OUSG), on the XRP Ledger (XRPL ), a decentralized layer-1 blockchain. Now, for the first time, Qualified Purchasers […]

South Korea’s Ruling Party Unveils Plan to Allow Stablecoins

June 12, 2025

(Bloomberg) — South Korea’s new President, Lee Jae-myung, is moving quickly to deliver on his campaign pledge to allow local companies to issue stablecoins, giving a further boost to one of the world’s most active digital-asset markets. Most Read from Bloomberg Lee, a progressive leader who defeated his conservative rival in last week’s presidential election, […]

DeFi Leader Aave Debuts on Sony-Backed Soneium Blockchain

June 12, 2025

Decentralized finance (DeFi) firm Aave is arriving on Soneium, the Ethereum L2 blockchain linked to Japanese electronics giant Sony, the companies said on Tuesday. Decentralized finance, which shot to prominence during the so-called “DeFi summer” of 2020, is resurgent, amid a huge growth in stablecoins and crypto-backed lending. The integration of GHO, Aave’s decentralized overcollateralized […]

The race to embrace stablecoins heats up on Wall Street

June 12, 2025

The race to embrace stablecoins is heating up, with major issuer Circle (CRCL) soaring in its first days of trading while the biggest banks in the US explore how to compete with Circle by issuing their own coins. On Thursday morning, Circle founder and CEO Jeremy Allaire stood on a balcony before the trading floor […]