DigitalAssets

Ripple Acquires Rail for $200 Million to Boost Stablecoin Infrastructure

Ripple has acquired Rail, a stablecoin infrastructure platform, for $200 million to enhance its stablecoin offerings, particularly its RLUSD token, in a competitive market. This move aligns with growing US government support for digital assets and aims to improve global money transfers.

JPMorgan Chase Explores Lending Against Cryptocurrency Holdings

JPMorgan Chase is moving towards embracing cryptocurrencies by considering loans backed by digital assets like Bitcoin and Ethereum, signaling growing acceptance within traditional banking.

JPMorgan Chase Plans Crypto-Backed Loans, Marking Major Shift in Banking

JPMorgan Chase is preparing to offer loans secured by cryptocurrency assets like Bitcoin and Ethereum, signaling growing acceptance of digital currencies among top U.S. banks. This initiative showcases a major change in CEO Jamie Dimon's perspective and highlights ongoing integration of crypto in mainstream finance.

Santander Explores Launching Its Own Stablecoin Amid Growing Interest in Digital Assets

Santander is reportedly planning to launch its own stablecoin, marking its entry into the expanding world of digital assets leveraged by banks globally. This move highlights the increasing adoption of blockchain technology in traditional finance sectors.

JPMorgan Chase Explores Lending Against Cryptocurrency Holdings

JPMorgan Chase is considering a new service to lend money using clients' cryptocurrency assets as collateral, reflecting a major shift in traditional banking embracing digital assets. This move highlights growing institutional acceptance of cryptocurrencies. Platforms like Bitlet.app also support this trend by offering innovative crypto financing options like Crypto Installments, enabling users to buy cryptocurrencies today and pay monthly.

PNC Bank Partners with Coinbase to Integrate Crypto Trading into Banking Services

PNC Bank teams up with Coinbase to allow customers to buy, hold, and sell cryptocurrencies directly within the bank's platform, marking a major step in mainstream financial adoption of digital assets. This partnership also comes amid favorable regulatory changes promoting crypto innovation.

Panama City to Accept Bitcoin, Ethereum, and Stablecoins for Public Payments

Panama City is set to embrace cryptocurrency by allowing payments of taxes, fees, and permits using Bitcoin, Ethereum, USDC, and USDT. This move integrates digital assets into public services with banks converting crypto to dollars under legal compliance.

Bitcoin Hits Record High of $123,000 Amid U.S. Crypto-Friendly Legislative Momentum

Bitcoin has soared past $123,000, becoming the fifth most valuable asset worldwide with a $2.4 trillion market cap. This surge aligns with pro-crypto legislation discussions in the U.S. Congress and strong backing from President Donald Trump. Institutional interest and new Bitcoin ETFs are fueling demand, positioning Bitcoin as digital gold.

Crypto Fund Assets Hit Record $167 Billion in May 2025 Amid Rising Institutional Interest

In May 2025, crypto fund assets surged to an all-time high of $167 billion, driven by $7.05 billion in net inflows—the strongest since December. Bitcoin and Ethereum funds led the gains, reflecting growing investor confidence as digital assets solidify their role in diversified portfolios.

US Establishes Strategic Bitcoin Reserve to Modernize Financial Landscape

In March 2025, President Donald Trump signed an executive order creating the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile, utilizing around 200,000 BTC owned by the government to integrate digital assets into state finances.