Tag: Stablecoin

Stablecoin Supply Plateaus as Regulation and Yields Rise

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After a period of rapid expansion, the global stablecoin market has largely stalled, signaling a consolidation phase as new regulation, liquidity constraints and higher real-world yields weigh on new issuance, according to Jimmy Xue, co-founder of quantitative yield protocol Axis. In a note shared with Cointelegraph, Xue said that while stablecoin regulation has advanced, tighter frameworks in the United States and Europe have forced institutional issuers to hold higher-quality reserves and absorb rising compliance costs, slowing the pace of net issuance. At the same time, elevated real yields on US…

XRP Drops Below $2 as ETF Outflows Spike and Stablecoin Settlement Debate Clouds Outlook

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XRP has slipped below the $2 mark, extending a week-long decline that has unsettled traders and renewed questions about the token’s short-term outlook. Related Reading The drop comes amid heavy outflows from XRP exchange-traded funds (ETFs), broader market weakness tied to U.S. tariff developments, and fresh debate over Ripple’s growing focus on stablecoins for global payments. After briefly recovering to around $2.20 in mid-January, XRP fell as low as $1.85 over the weekend following what market commentators described as a liquidity sweep. XRP’s price trends to the downside on the…

Marc Boiron: Institutions struggle with stablecoin adoption, the rise of specialized appchains for payments, and Polygon’s shift to a revenue-generating model

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Polygon Labs CEO Marc Boiron on why institutions still struggle with stablecoins—and how dedicated payment chains could change that. Key takeaways Institutions face challenges in offering stablecoins as a service, highlighting a gap in adoption. Proper on-ramps and off-ramps are essential for institutions to effectively use stablecoins. Specialization in blockchain can significantly enhance user experience for targeted use cases. Dedicated appchains for significant payment use cases may emerge within the next three years. Money on chain provides a superior experience and should be leveraged beyond just fund transfers. Successful applications…

Mauricio Di Bartolomeo: Venezuela’s economic instability fuels Bitcoin and stablecoin adoption, skepticism around $60 billion Bitcoin stash, and corruption hampers national reserves

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Ledn cofounder Mauricio Di Bartolomeo on why Venezuela’s $60 billion Bitcoin claims don’t add up—and how crypto could still rebuild its economy. Key takeaways Venezuela’s economic instability is highlighted by the discrepancy between official and free market exchange rates. Bitcoin and stablecoins present a significant opportunity in Venezuela due to elite belief and daily population use. Skepticism surrounds claims of Venezuela’s $60 billion Bitcoin stash, questioning the plausibility of such holdings. The Venezuelan regime’s alleged crypto-for-oil swap lacks credibility due to the absence of on-chain evidence. Corruption in Venezuela’s state-owned…

Vinny Lingham: Hedging a $200 billion stablecoin with Bitcoin is impractical, gold is set to reach $10,000, and Bitcoin’s narrative has shifted to a store of value

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Xash cofounder Vinny Lingham on why gold—not Bitcoin—will be the world’s reserve asset, and why he’s building a gold-backed stablecoin. Key Takeaways Hedging a $200 billion stablecoin with Bitcoin is impractical due to significant counterparty risk. The perception of risk in the economy affects the value of assets like gold. Gold is likely to reach $10,000 within two years due to its scarcity and historical role as a store of value. Gold is the neutral reserve asset of the world, outperforming Bitcoin in terms of liquidity and market size. Bitcoin…

Binance to open trading for Ripple’s stablecoin and XRP pairs

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Binance, one of the largest global crypto exchanges, will add Ripple USD (RLUSD) to its platform, with trading expected to begin on January 22, according to a Wednesday announcement. Launched in late 2024, RLUSD is a US dollar–backed stablecoin issued by a wholly owned subsidiary of Ripple Labs. Its market capitalization has since surpassed $1.4 billion, per CoinGecko. Binance will launch three spot pairs, including RLUSD/USDT, RLUSD/U, and XRP/RLUSD, while allowing users to deposit RLUSD ahead of trading and withdraw funds starting January 23. As part of a promotional campaign,…

Noble Stablecoin Blockchain Migrates From Cosmos To Ethereum

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Noble, a stablecoin blockchain, has announced it is moving from the Cosmos ecosystem to Ethereum, citing the need to access a better tech stack and wider developer community. Noble announced on Tuesday that it will be migrating its Cosmos SDK-based blockchain to a standalone EVM (Ethereum Virtual Machine) layer 1, planning to launch on March 18. Noble is a venture capital-backed blockchain originally designed as a neutral liquidity hub for stablecoin and tokenized real-world asset issuance.  Due to its evolution into a network supporting real end-user stablecoin applications and DeFi,…

Tether partners with Bitqik to boost Bitcoin and stablecoin education

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Key Takeaways Tether and Bitqik have partnered to promote financial literacy on Bitcoin and stablecoins in Laos through seminars and educational materials. The goal is to foster financial inclusion, build trust in stablecoins, and equip participants with the skills to actively participate in the digital economy. Share this article Bitqik, a licensed digital asset exchange in Laos, is teaming up with Tether to increase awareness of Bitcoin and stablecoins. Discussing the collaboration with Bitqik, Tether CEO Paolo Ardoino said that the move reflects its emphasis on education as a foundation…

Stablecoin Yield Prohibition Gives Digital Yuan Leg Up Over USD: Scaramucci

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The expanded prohibition on stablecoin yield in the CLARITY Act makes the US dollar less competitive than the Digital Yuan, Scaramucci said. The prohibition on yield-bearing stablecoins in the CLARITY Act puts the US dollar at a competitive disadvantage to China’s Digital Yuan, a yield-bearing central bank digital currency, according to Anthony Scaramucci, founder of asset manager SkyBridge Capital. “The whole system is broken,” Scaramucci said in response to the prohibition on crypto exchanges and service providers offering customers yield on stablecoins in the CLARITY Act, a crypto market structure…

Interactive Brokers adds USDC funding, with Ripple and PayPal stablecoin support next week

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Key Takeaways Interactive Brokers now allows eligible US clients to fund accounts with USDC for near-instant deposits, available 24/7 including weekends. RLUSD and PYUSD support is expected next week, with stablecoins automatically converted to USD upon receipt via Ethereum, Solana, or Base. Share this article Interactive Brokers, the global electronic brokerage firm, now allows eligible clients to fund their accounts using stablecoins, with near-instant processing available around the clock, including weekends and holidays. The company announced Thursday that the new funding option enables deposits and trading across 170 global markets…