Ripple’s Chief Technology Officer, David Schwartz, has revealed that regulatory risks are the main reason why the company and its partners have not embraced the XRP Ledger’s decentralized exchange (DEX) for payment settlements. The statement came in response to a user on X (formerly Twitter) who questioned the DEX’s underwhelming activity despite Ripple’s wide-ranging institutional […]
Visa has revealed that it settled more than $200 million in stablecoin transactions during the second quarter of 2025, marking a notable step in its broader digital asset push. The company shared the update in its quarterly report, linking the rise in volume to its expanded stablecoin settlement framework. The payments giant said its 7-day-a-week […]
Teucrium 2x Long Daily XRP ETF (XXRP) reached $323.6 million in net flows this week, being the first XRP exchange-traded fund (ETF) traded in the US to surpass the $300 million threshold. According to VettaFi’s data, XXRP now represents 52.5% of the total $616 million in net flows registered by US-traded XRP ETFs. Notably, all […]
Strategy closed a $2.521 billion initial public offering of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) and immediately used the proceeds to expand its Bitcoin (BTC) reserve. The company said it purchased 21,021 BTC at an average $117,256 apiece, lifting holdings to about 628,791 BTC as of July 29. The aggregate cost […]
Senator Cynthia Lummis (R‑Wyo.) introduced the 21st Century Mortgage Act on July 29, legislation that aims to bring US underwriting into the digital era by requiring Fannie Mae and Freddie Mac to consider digital assets when assessing single‑family mortgage eligibility. The bill directs the government‑sponsored enterprises to recognize assets recorded on cryptographically secured ledgers and […]
BlackRock stated that stablecoins now sit at the heart of the “future of finance,” and the recently approved GENIUS Act gives them a clear lane as everyday payment instruments. In a July 28 report, the BlackRock Investment Institute wrote that stablecoins “look here to stay” and that recent legislation cements their use in payments rather […]
Billionaire Bill Miller IV says proof‑of‑stake blockchains such as Ethereum and Solana are unlikely to “win at the end of the day,” arguing that Bitcoin’s proof‑of‑work design confers a durability other networks can’t match. In a July 28 interview with CNBC’s “Closing Bell,” the billionaire investor said recent US policy moves may give proof‑of‑stake assets […]
Bitcoin investment firm Twenty One Capital is set to receive 5,800 BTC from stablecoin issuer Tether as it prepares for its upcoming public listing, according to a July 29 statement. This inflow would bring the firm’s total Bitcoin holdings to over 43,500 BTC, making it the third-largest corporate holder globally. It would rank just behind […]
Interactive Brokers is considering launching a stablecoin for customers, a move that would add one of the world’s largest discount brokerages to the list of firms using crypto, Reuters reported on July 28. Founder Thomas Peterffy said in an interview with the newswire that the company is “working on potentially issuing stablecoins.” However, a final […]
Anatoly Yakovenko, co-founder of the Solana blockchain, has described memecoins and NFTs as “digital slop,” even as the network continues to benefit massively from the hype surrounding these assets. In a July 28 post on X, Yakovenko argued that memecoins and NFTs lack inherent value. He compared them to loot boxes in mobile games, which […]
