Stablecoin
Gemini launched its IPO despite significant losses, while the crypto sector sees major regulatory and market shifts including grassroots advocacy, Federal Reserve policy changes, new stablecoin approvals, and other company IPO moves. Discover how these affect your crypto investments and opportunities like Bitlet.app's Crypto Installment service.
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.
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.
Binance contributed to the creation of the World Liberty Financial stablecoin amid major Bitcoin milestones, including Satoshi Nakamoto overtaking Michael Dell in wealth, and record-breaking Bitcoin ETF performance. Discover how platforms like Bitlet.app enable crypto investing with flexible payment options.
Bitcoin is nearing its all-time high influenced by macroeconomic factors, while innovative moves like Coinbase's Base outflows, Russia's ruble stablecoin, and the US Strategic Bitcoin Reserve highlight dynamic shifts in the crypto space. However, risks remain as seen in Argentina's $LIBRA scandal. Discover how platforms like Bitlet.app can help you navigate this evolving landscape with flexible crypto buying options.
Bitcoin celebrates Pizza Day by reaching an all-time high, while political discussions around cryptocurrency regulation heat up.
As President Trump prepares for a significant trip to the Middle East, Senate Democrats, including Elizabeth Warren and Chris Van Hollen, are calling for him to divest from his stablecoin investments to avoid conflicts of interest.
Bank of America's CEO stated that the institution is ready to launch a dollar-backed stablecoin pending U.S. regulatory approval. This move demonstrates the increasing interest of traditional banks in integrating cryptocurrencies into their offerings.
In a significant move for the crypto custody landscape, Turkish digital investment bank BankPozitif has partnered with Swiss blockchain startup Taurus to bolster its services. Meanwhile, Bank of America CEO Brian Moynihan has indicated the bank's readiness to launch a dollar-backed stablecoin pending legislative approval.