Trump's vision for upgrading the U. S. payment system is in motion, but the finish line is still far off. The GENIUS Act, aimed at modernizing the outdated financial infrastructure, is a significant part of his plan. Trump has been vocal about his support for the crypto industry, praising its rapid growth and potential to revolutionize the financial system. The form...
Brazil's central bank has rolled out new regulations that bring crypto companies under stricter oversight. These rules, which will come into effect in 2026, classify certain crypto transactions as foreign exchange operations. This means that stablecoin transactions and transfers involving self-custody wallets will be subject to the same scrutiny as traditional curren...
Ripple, a major player in the crypto world, just got a huge boost. They raised $500 million from some big names like Fortress Investment Group and Citadel Securities. But why does this matter? Well, Ripple plans to use this cash to grow in areas like custody, stablecoins, and prime brokerage. These are services that big institutions are getting more interested in. R...
Ripple, a company that deals with digital money, just got a huge boost. They raised $500 million from big investors like Fortress and Citadel. This puts their value at $40 billion. Other big names like Pantera Capital and Galaxy Digital also joined in. This shows that more and more big players are starting to trust Ripple and its role in the future of money. This is...
The GENIUS Act is now law, and it’s shaking up the world of stablecoins. This new rule means stablecoins will face stricter regulations, and the battle over how these rules are applied is just getting started. The act sets the stage for a two-year fight over how $250 billion in stablecoins will be handled. The main question is whether these digital coins will be con...
The world of money is changing fast, and stablecoins are at the forefront. These digital dollars are backed by real cash, making them stable and reliable. They're gaining popularity, especially in developing countries where traditional banking is lacking. Stablecoins are not just a trend; they're a game-changer. They can cut down on fees, speed up transactions, and ...
Ripple, a big name in digital money, just got a huge boost. They raised $500 million, making them worth $40 billion. This isn't just about money, though. It's about growing and getting better. Ripple isn't just about payments anymore. They're doing more, like keeping digital money safe and helping big companies manage their money. They even have their own stablecoin...
Stream Finance had a really bad day. A fund manager they trusted lost a huge $93 million. That's a lot of money! This mistake caused a big problem for their stablecoin, xUSD. Stablecoins are supposed to stay at $1, but xUSD dropped to just $0. 26. That's a 77% drop! Not good. Because of this, Stream Finance had to stop all withdrawals and deposits. They're working w...
Coinbase, a major player in the crypto world, is looking to spend big on a startup called BVNK. This move is part of Coinbase's plan to get more into stablecoins, which are cryptocurrencies tied to stable assets like the dollar. The deal could be worth around $2 billion and might wrap up by early 2026. Stablecoins are becoming a big deal for Coinbase. Right now, the...
So, there's this big crypto exchange in Latin America called Ripio. It's got over 25 million users, which is a lot! They just came out with something new: a digital currency called wARS. It's tied to the Argentine peso, so it's stable, just like the peso. You can use it on Ethereum, Coinbase's Base, and World Chain. This is a big deal because it lets people send and...