Ripple Whale Deposits to Binance Reach 6-Month High, Over 2.66 Billion XRP Transferred
Whale investors seized the opportunity to buy 100 million XRP after it briefly dropped below $2.
Whale investors seized the opportunity to buy 100 million XRP after it briefly dropped below $2.
"We have final approval from NYDFS for RLUSD," Brad Garlinghouse said.
Despite new players, USDT retains its position as the most trusted stablecoin, with wallets growing exponentially year-over-year.
Less than 6% of Circle's workforce has been slashed following a review of its operations.
BTC came down hard on Monday morning but things could change soon, according to Binance's stablecoin reserves.
Despite its recent gains, XRP is still down by over 26% from its peak of $3.4 in January 2018.
Stablecoin volume on Base has seen 8,800% growth so far this year.
Report forecasts stablecoins growing from 1% to 10% of US M2 and FX, spurred by advancing regulatory clarity
With the full application of MiCA anticipated in December 2024, Coinbase is working to ensure its offerings in the EEA
USDT alone accounts for 69% of the global stablecoin supply, having reached a market cap of over $133 billion.