Tether is evaluating a raise from “a selected group of high-profile key investors,” to maximize the scale of the company’s strategy across all existing and new business lines, “by several orders of magnitude,” stated CEO Paolo Ardoino on Wednesday. The stablecoin issuer is looking to raise between $15 billion and $20 billion for a roughly […]
Ripple is executing a strategic pivot that could redefine the role of Ripple (XRP) in global finance. Alexis Sirkia, Captain of the Yellow Network, believes the launch of Ripple USD (RLUSD) and the first U.S.-based XRP ETFs could reignite transaction volume on XRPL. RLUSD-XRP Synergy Fuels Liquidity and Adoption Sharing his views with CryptoPotato, Sirkia […]
On Tuesday, Google announced the Agent Payments Protocol (AP2), which it described as an “open protocol developed with leading payments and technology companies.” The protocol is designed to enable AI agents to send and receive payments to each other, supporting different payment types such as credit and debit cards, stablecoins, and real-time bank transfers. “We’re […]
Stablecoin reserves on centralized exchanges have climbed to a new record of $68 billion, even as supply growth has slowed. The latest milestone, recorded on August 22, was driven by $53 billion in USDT holdings and $13 billion in USDC balances. According to a report by the on-chain aggregator CryptoQuant, this marks a clear break […]
Ripple Labs has entered into a collaboration with SBI Holdings, a major Japanese financial services conglomerate, according to an announcement on Friday. The memorandum of understanding is to distribute Ripple’s stablecoin, RLUSD, in Japan through SBI subsidiary SBI VC Trade, starting in Q1 2026. SBI VC Trade holds multiple Japanese financial licenses, including being the […]
Speaking at the Wyoming Blockchain Symposium on Wednesday, central bank Governor Christopher Waller said, “the payment system is experiencing what I have called a ‘technology-driven revolution’.” He added that this includes instant payments, digital wallets, mobile payment apps, stablecoins, and other digital assets, and AI. He specifically cited stablecoins, or fiat-pegged crypto assets, as the […]
Bitcoin maintained its role as the market’s anchor asset in July, to a fresh record of $123,000. Its performance, however, coincided with a notable change in market structure as investor capital flowed aggressively into altcoins. According to Binance Research’s market insights shared with CryptoPotato, Bitcoin’s dominance fell by 5.2% to 60.6%. During the same period, […]
Ethena’s synthetic dollar stablecoin, USDe, has seen impressive market growth in recent weeks. Its market cap now stands at $9.3 billion. Over the past month alone, it increased by 75%, with a weekly jump of 24%. USDe Growth Signals Strong Investor Appetite Since July 18, yield-bearing stablecoin USDe has recorded the largest rise in supply […]
Ethereum and Solana are the key players for derivatives, while Ondo Finance continues to make waves in the RWA space. Stablecoin movements are signalling a continuation of the current rally. Shuffling of Assets Bybit, the world’s second-largest exchange by trading volume, has released its latest Smart Money Report, which focuses on analyzing institutions and influential […]
Now, what that means is that the total amount of circulating stablecoins of these eight denominations (e.g., USDT) was collectively worth approximately $245 billion US dollars, according to CoinMarketCap data as of the time of this writing. Stablecoins Compared To US Dollar Base Supply Stablecoins are already a significant part of the financial economy in […]