Ripple’s US dollar-backed stablecoin RLUSD is set to debut spot trading on Binance, expanding the token’s reach on one of the world’s largest digital asset exchanges. Key Takeaways: RLUSD will debut spot trading on Binance with Ethereum support, with XRPL integration to follow. Binance plans to expand RLUSD’s use through margin trading and future Binance Earn products. Ripple is positioning RLUSD as a regulated, payments-focused stablecoin for institutions. The launch will begin with support on E ...

Core Insights - Ripple's USD-pegged stablecoin RLUSD has been listed for spot trading on Binance, enhancing its liquidity and trading activity [1][2] - The listing includes trading pairs XRP/RLUSD and RLUSD/USDT, marking a significant milestone in RLUSD's growth [2] - RLUSD has surpassed $1 billion in market cap within a year of its launch, maintaining a reserve buffer of over 103% [4] Group 1: Trading and Utility - RLUSD will be available for spot trading on Binance, with portfolio margin eligibility and increased utility in leveraged trading strategies [3] - The stablecoin will soon be added to Binance Earn, providing users with new ways to interact with RLUSD holdings [3] Group 2: Future Expansion Plans - Ripple plans to expand RLUSD to multiple Ethereum Layer-2 networks in 2026, utilizing Wormhole's cross-chain messaging protocol [5] - This expansion aims to make RLUSD one of the first stablecoins to natively integrate with various Ethereum scaling networks [5] Group 3: Partnerships and Use Cases - Major nonprofits, including World Central Kitchen and Water.org, have partnered with Ripple to use RLUSD for humanitarian aid delivery, enhancing funding speed and transparency [6]

Key Takeaways RLUSD is now live on Binance with multiple spot trading pairs, including XRP/RLUSD. The listing expands liquidity across the XRP Ledger ecosystem and could increase network activity and fee burns. Growing institutional adoption of a compliant stablecoin strengthens Ripple’s broader strategy and XRP’s role as a settlement asset. Ripple’s stablecoin, RLUSD, is now available for spot trading on Binance, opening a new liquidity channel and expanding real-world use cases for the dollar-ba ...

Ripple’s RLUSD, the 10th largest dollar-backed stablecoin, is set to begin spot trading on Binance, its most prominent exchange listing yet and a key step in expanding the token’s reach beyond Ripple’s native ecosystem. Binance said it will list RLUSD with support for Ethereum starting on Jan. 22 at 08:00 UTC, while integration with the XRP Ledger is expected to follow. Trading pairs will include RLUSD/USDT and XRP/RLUSD, giving traders direct access to the stablecoin alongside Ripple’s native token. Th ...

RT Ethereum (@ethereum)Ethereum is the #1 choice for global financial institutions.Over the last few months, adoption has accelerated. Here are 35 stories of how institutions are building on Ethereum.1/ @krakenfx launched xStocks on Ethereum, issuing tokenized versions of popular U.S. stocks and ETFs as ERC-20 tokens.Kraken’s eligible clients can now deposit and withdraw fully collateralized equities, directly on Ethereum.2/ @OndoFinance launched Ondo Global Markets on Ethereum with 100+ tokenized U.S. stoc ...

Looking back at @TRON in 2025 it is easy to say that they had an impressive year:• TRX up 22.75% YoY• Broke $1 billion revenue mark in a single quarter• Stablecoin marketcap up 39.34% YoY https://t.co/aajwREQEB2Jeremy (@ItsFloe):Looking back at @trondao this past year, we saw continued growth in many areas and the solidification of the network as a payment layer.At the end of Q4 there was $81.8 billion worth of stablecoin on TRON, with $80.9 billion of that being $USDT https://t.co/8VYchrJ5kg ...

Core Thesis - Circle Internet Group is facing a bearish outlook due to its financial performance being heavily influenced by macroeconomic factors rather than its own strategic decisions [1][3]. Company Overview - Circle Internet Group, Inc. operates as a platform and market infrastructure for stablecoin and blockchain applications, issuing USDC and EURC, which are fully reserved and regulated stablecoins [2]. - USDC has gained significant adoption as a payment stablecoin across various platforms, making Circle a key player in the digital finance ecosystem [2]. Revenue Dynamics - Circle's revenue is primarily derived from interest income on reserves backing its stablecoins, making it vulnerable to fluctuations in short-term interest rates and the supply of USDC in circulation [3]. - High interest rates and increased demand for stablecoins can lead to revenue surges, while declines in either can negatively impact revenue regardless of Circle's operational performance [3]. External Factors - The company's revenue-sharing arrangements with distribution partners like Coinbase and Binance complicate its financial outlook, as these partners control significant on- and off-ramps for USDC [4]. - The more revenue Circle shares with partners to maintain distribution, the less value is returned to shareholders, even with overall ecosystem growth [4]. Structural Tensions - Circle is crucial in the stablecoin market, benefiting from scale, brand trust, and regulatory advancements, but remains exposed to macroeconomic cycles, crypto market sentiment, and partner negotiations [5]. - These external pressures can overshadow Circle's long-term strategic initiatives and obscure its potential for sustainable value creation [5].

Core Viewpoint - Interactive Brokers has introduced the ability for eligible clients to fund brokerage accounts using stablecoins, enhancing global market access with 24/7 deposits and near-instant processing [1][5]. Group 1: Stablecoin Funding - Clients can transfer dollar-pegged stablecoin USDC from a crypto wallet to a secure wallet provided by ZeroHash, with plans to add support for Ripple's RLUSD and PayPal's PYUSD next week [1][5]. - Once received, the stablecoin is automatically converted into U.S. dollars and credited to the client's brokerage account, enabling trading shortly after the transfer [2]. Group 2: Market Impact and Fees - Milan Galik, CEO of Interactive Brokers, emphasized that stablecoin funding offers international investors speed and flexibility, allowing fund transfers and trading within minutes while reducing transaction costs [3]. - The firm does not charge fees for stablecoin deposits, but users are responsible for blockchain network fees. ZeroHash applies a 0.30% conversion fee per deposit, with a minimum fee of $1 [4]. Group 3: Company Developments - This announcement is part of Interactive Brokers' strategy to expand into crypto-linked services, having previously offered stablecoin account funding for U.S. retail clients since December [5]. - Interactive Brokers has invested in ZeroHash, which recently raised $104 million at a $1 billion valuation. Following the announcement, shares in Interactive Brokers rose over 3%, reaching a lifetime high of $75 [5].

Core Insights - Ripple has approved a $150 million plan to enhance the use of its dollar stablecoin, RLUSD, among large financial firms through a partnership with UK-based trading group LMAX [1][3] Group 1: Ripple's Strategic Moves - The $150 million financing will be provided to LMAX over several years, enabling LMAX to integrate RLUSD into its trading systems for collateral and settlement purposes [3] - This initiative aims to facilitate faster and more efficient money movement in global markets, reducing delays associated with traditional bank transfers [3][4] - Ripple's focus is shifting towards stablecoins, with RLUSD being a key component, while the XRP Ledger continues to support its broader ecosystem [4] Group 2: Market Reactions and Trends - Following the announcement, XRP's price remained stable, indicating that traders perceive this as a long-term business strategy rather than immediate trading news [2] - Companies are increasingly adopting XRP for operational purposes, as seen with Nature's Miracle holding $20 million worth of XRP in reserves, which stabilizes demand over time [6] - Payment companies like Webus International are also engaging with XRP, exemplified by a $100 million deal to enhance payment services, contributing to real transaction volumes [7] Group 3: Stablecoin Implementation - RLUSD is designed to maintain a value close to one dollar, making it suitable for businesses seeking predictable valuations [8] - Platforms such as Doppler Finance plan to utilize RLUSD for managing payments and liquidity, while XRP facilitates rapid value transfers in the background [8]

Core Insights - Klarna made its stock market debut in September 2025, but its shares have decreased by approximately 24% since the IPO, contrasting with a 7% increase in the S&P 500 index [1][2] Business Model - Klarna's primary service is the "Buy Now, Pay Later" (BNPL) model, particularly its "Pay in 4" option, which allows consumers to make four interest-free payments if the total amount is repaid within about six weeks [3] - The company also offers longer-term financing options, termed Fair Financing, which are closed-end loans with terms ranging from six to 24 months and are designed for higher-cost goods and services [4] Financial Performance - Klarna achieved a record quarterly revenue of $903 million in Q3 2025, reflecting a 28% year-over-year increase [5] - The gross merchandise value (GMV) in the U.S. surged by 43%, contributing to an overall GMV of $32.7 billion [6] - The total number of merchants using Klarna's services increased by 38% to around 850,000, alongside a 32% rise in active customers [6] Strategic Direction - Klarna is positioning itself as a "digital bank," indicating a shift in focus beyond just BNPL services to broader financial offerings [9] - The company plans to launch its own stablecoin, KlarnaUSD, which aims to reduce costs and potentially enhance profitability if managed effectively [10]