🚨 NEW: Stablecoin supply on Ethereum hits an all-time high of $135.4B. https://t.co/SHMeHiXhL5 ...

The payments and stablecoin firm Ripple Labs applied to become a national bank as a bevy of fintech and crypto firms seek such approval under President Donald Trump’s looser regulatory regime https://t.co/jkRewoA4hn ...

🚨 BREAKING: The total stablecoin supply on @ethereum is at an all-time high of $135.4 billion.Some of the biggest contributors to Ethereum's stablecoin economy are:Tether, Circle, Sky, Ethena, First Digital, PayPal, Ripple, Aave, Global Dollar Network, and more. https://t.co/5LL9fEFbqj ...

RT Brad Garlinghouse (@bgarlinghouse)True to our long-standing compliance roots, @Ripple is applying for a national bank charter from the OCC. If approved, we would have both state (via NYDFS) and federal oversight, a new (and unique!) benchmark for trust in the stablecoin market.Earlier in the week via @StandardCustody, we also applied for a Fed Master account -- while Congress is working towards clear rules and regulations, and banks (in a far cry from the years of Operation Chokepoint 2.0) are leaning in ...

Market Trends & Investment Activities - Significant short positions against Ethereum at $2452, 49% below its all-time high [1] - Whales withdrew $3 billion in a single session [1] - 45,155 ETH moved from Kraken [1] - 60,000 ETH flowed from Arbitrum to Binance [1] - BlackRock has been buying for 29 of the last 30 days despite the price decrease [1] - Bit Digital raised $162.9 million specifically for ETH treasury [1] - BMNR stock increased by 684% after appointing Tom Lee [1] - Treasury companies are emerging [1] On-Chain Activity - Daily transactions reached 1.45 million, hitting 2021 levels [1] - Stablecoin senders reached an all-time high of 776,000 [1] - Lending markets are up 43% this quarter [1]

Today, shares of Robin Hood reversed course after surging to a new all-time high as the retail trading app's new crypto offerings seemed to oppress Wall Street and Circle's Dante Desparte discusses how the stablecoin issuer is moving forward on its mission to bring the tokens into the Trafi world. Welcome to CNBC's Crypto World. I'm Talia Kaplan.Crypto prices in the red as we kick off the month and the second half of the year. As of noon Eastern, Bitcoin dipped to the $15,000 level. Ether fell 2% but still ...

And for more reporting on Trump's World Liberty Financial crypto project, check out these more recent stories:World Liberty Launches Stablecoin on Ethereum, BNB Chain: https://t.co/0Wm9f1hwrZTrump Discloses $57M Windfall From Crypto Venture World Liberty Financial: https://t.co/shG0sOrOLMTrump Family Reduces Stake in Crypto Project World Liberty: https://t.co/ZEf6idhs0dTrump's World Liberty Crypto Project Gets $100 Million Investment From UAE Fund: https://t.co/nupsYH9Cka ...

With the regulatory outlook for crypto turning more positive by the day, companies everywhere are exploring blockchain integrations with tokenized realworld assets or RWAs being front and center. And the imminent passage of crypto regulations suggests we're on the verge of a major wave of web 2 and tradi firms entering the RWA space. That's why in today's video, we'll cover which sectors are making the leap and which cryptos could benefit as a result.My name is Guy and you're watching the Coin Bureau. Befor ...

RT Abdul (@0x_Abdul)Categories of highest-revenue generating protocols:- Stablecoin issuers- Blockchains (L1s/L2s)- Lending protocols- DEXes (spot & perps)- Token launchers- Trading bots- Wallets- Liquid staking / MEV- DEX analytics/terminals ...

Investment Rating - The report does not explicitly provide an investment rating for the stablecoin industry or specific companies involved in it. Core Insights - The rollout of the Stablecoin Bill in Hong Kong is seen as a significant advancement in the region's digital finance landscape, with the HKMA beginning to accept license applications from August 2025 [4] - USDC is considered a more relevant reference for Hong Kong's stablecoins compared to USDT, which is unregulated [4] - The stablecoin ecosystem is rapidly evolving, with USDT holding approximately 70% of the market balance and USDC around 20% [8] - Stablecoins are expected to play a larger role in global payments, potentially replacing credit card systems within five years due to lower costs and faster processing [8] Summary by Sections Regulatory Developments - The HK Stablecoin Bill was passed on May 21 and will be enacted on August 1, 2025, with the HKMA releasing consultation documents on AML/CFT requirements and supervision of licensed stablecoin issuers [4] - The US Genius Act mandates that stablecoins must be one-to-one backed and properly audited, affecting USDC but not USDT [8] Market Dynamics - USDT's reserve assets include treasuries and commercial paper but lack transparency, raising concerns about its backing [8] - USDC ensures one-to-one backing with reserves held under bank custodianship, sharing interest earnings with Coinbase [8] Implications for Financial Institutions - There may be a decrease in payment and credit card revenues for banks, but they could engage in the stablecoin ecosystem as custodians or issuers [4] - Among listed HK banks, STAN is noted for its involvement in digital asset development and participation in the stablecoin sandbox [4] Future Outlook - Stablecoins are projected to become a $3.7 trillion market by 2030, with significant implications for global trade and retail applications [8] - Key questions remain regarding the reserve assets for HK's stablecoin, its retail use cases, and its role in enhancing Hong Kong's status as an international financial center [4]