Crypto alternate Bullish disclosed on Aug. 19 that a part of its $1.15 billion IPO proceeds was obtained in a mixture of stablecoins, together with Ripple’s RLUSD on the XRP Ledger and President Donald Trump-affiliated USD1. The agency mentioned these tokens had been amongst a number of digital belongings concerned within the settlement course of,…
Japan and South Korea are moving quickly to create clearer rules for stablecoins as global interest in digital currencies grows. Stablecoins are cryptocurrencies designed to hold steady value by linking to fiat currencies, commodities, or other assets. Their use in payments, trading, and DeFi has expanded rapidly, with forecasts suggesting the market could grow into…
A recent Bank of America survey shows that most global fund managers are still hesitant to invest in crypto despite the recent bullish momentum observed in the sector. The study, which included 211 fund managers overseeing $504 billion in assets, found that about three-quarters of respondents have no crypto holdings at all. Meanwhile, crypto allocations…
Digital asset investment products pulled in $3.75 billion in net inflows last week, marking one of the largest weekly gains in history, according to CoinShares latest weekly report. The renewed appetite follows several weeks of tepid market sentiment and coincides with a recent crypto price rally. Notably, these inflows lifted total assets under management (AuM)…
Tokenized assets recorded on public blockchains have reached approximately $293 billion, according to data from RWA.xyz. The figure, which includes stablecoins valued at about $266.7 billion, places tokenization near the $300 billion threshold, emphasizing its role as a structural layer in on-chain financial markets. Excluding stablecoins, tokenized real-world assets account for around $26.3 billion. Total…
Solana processed more than 100,000 transactions per second during a recent stress test, marking a new milestone in the network’s scaling efforts. The mainnet block briefly peaked at 107,540 TPS through high-load “noop” program calls, according to data shared over the weekend, showing the upper bound of Solana’s current infrastructure. Developers clarified that the test…
Electric vehicle startup Faraday Future is pivoting toward digital assets with plans to build a $30 million crypto treasury and explore tokenized vehicle sales. Key Takeaways: Faraday Future will launch a $30M crypto treasury and aims to expand holdings up to $1B. The EV firm plans tokenized car sales through its upcoming “EAI Vehicle Chain.”…
The World Economic Forum (WEF), the influential global convening force for policymakers and industry leaders, has appointed BlackRock CEO Larry Fink as interim co-chair. The move comes hot on the heels of a high-profile internal review that cleared WEF founder Klaus Schwab of wrongdoing and set the stage for a temporary leadership overhaul as the…
Wellgistics Health is introducing an XRP Ledger–based payment system to thousands of pharmacies across the United States, marking one of the first large-scale blockchain deployments in the healthcare sector. Key Takeaways: Wellgistics is rolling out an XRP Ledger payment system to over 6,500 pharmacies and 200 manufacturers in the U.S. The platform enables instant, low-cost…
Litecoin delivered a clear warning for anyone navigating the crypto world: the era of truly decentralized, fairly launched, proof-of-work (PoW) coins without borders, premines, or venture capitalists is behind us. Amid increasing centralization and rising threat of attack, it pays to “choose your freedom money wisely.” “It is basically impossible to duplicate the launch of…