Author: driver789
As of late March 2026, Ripple’s dollar-pegged stablecoin had 1.41 billion tokens in circulation, backed by roughly $1.57 billion in reserves — a surplus that points to a stablecoin holding more cash than it owes. Deloitte Steps In To Verify The Numbers The bigger validation came weeks earlier. On February 27, Deloitte — one of the world’s largest accounting firms — confirmed that RLUSD held $1.568 billion in reserves against 1.49 billion tokens. The Big 4 firm also checked an earlier snapshot from February 19, when the supply stood at 1.54 billion tokens, backed by $1.60 billion in reserves. Both…
Opinion by: Chris Kim, CEO and co-founder at Axis.Shorter settlement cycles are now sweeping the globe. In 2024, the United States moved equities to T+1 settlement. Europe, the United Kingdom, and several Asian markets are expected to follow this lead by 2027. Trades are moving ever closer to real-time. The markets that fail to keep up risk falling behind.Blockchain-based finance pushes that concept even further. Stablecoins and tokenized assets enable transactions to settle instantly through atomic settlement, where payment and asset transfer occur simultaneously, allowing counterparty credit risk to disappear.The promise of faster, safer settlement has driven stablecoin transfer volume over…
Franklin Templeton has agreed to acquire 250 Digital, a crypto investment firm formed from CoinFund, according to Wall Street Journal reporting. The goal with this acquisition is to improve its digital asset strategy and create a dedicated institutional crypto division. The deal sets the foundation for a new business line called Franklin Crypto. The unit targets pensions, sovereign wealth funds, and large institutional investors seeking exposure to digital assets through regulated investment structures. Terms of the transaction remain undisclosed. The acquisition reflects continued expansion by traditional financial institutions into crypto markets despite a prolonged drawdown in digital asset valuations. Franklin…
Block, yönetim katmanlarını azaltmak için yapay zeka tabanlı bir dönüşüm süreci başlattı.Şirket, yeni yapay zeka uygulamalarında insan müdahalesinin hâlen önemli yer tuttuğunu belirtti. Devamını Oku:Block şirketi yapay zeka ile yönetim katmanlarını azaltıyor Block şirketi yapay zeka ile yönetim katmanlarını azaltıyor yazısı ilk önce COINTURK üzerinde ortaya çıktı.
US Federal Reserve Governor Michael Barr said Tuesday that clearer US stablecoin rules could speed the market’s growth, but warned that regulators still need to address money laundering risks, bank run risks and consumer safeguards as they implement the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act.Speaking at a Federalist Society event on stablecoin regulation, Barr said the law provides “needed clarity” for issuers, but that “a great deal will depend on how federal and state regulators implement the statute.”Barr said stablecoins are still used mainly for crypto trading and as a US dollar store of value in…
Ethereum price rose nearly 7% on drawing closer to the $2,200 psychological resistance level after reports suggested that the U.S.-Iran war could end soon. Summary Ethereum price rose nearly 7% to $2,153, rebounding from recent losses. Risk sentiment improved after signals of a possible ceasefire between Iran and the U.S. A cup and handle pattern has formed on the daily chart. According to data from crypto.news, Ethereum (ETH) price rose to a six-day high of $2,153 on Wednesday, April 1. The recovery followed after the leading altcoin fell nearly 16% from its monthly high of $2,360 to $1,972 earlier on…
Crypto markets rallied on Wednesday as oil momentarily slipped below $100 per barrel after U.S. President Donald Trump said the war in Iran will end in “two to three weeks.”Bitcoin BTC$68,447.87 trades at $68,500 having risen by 0.4% since midnight UTC and 3.1% over the past 24 hours, while ether (ETH) is back at $2,130 after a brief stint below $2,000 last week.The broader crypto market remains in a downtrend dating back to October, although sentiment has shifted slightly following a period of consolidation between $62,500 and $75,000 since early February.A selection of altcoins have performed particularly well, notably algorand…
As we approach the end of 2026’s first quarter, a crypto market watcher has shared a bearish outlook for XRP, warning that the altcoin’s correction may not be over yet, and it risks a deeper pullback in the next few months. Related Reading XRP Risks 60% Correction In Second Quarter On Tuesday, XRP continued to move sideways, hovering between $1.30 and $1.35 for the fifth consecutive day. The cryptocurrency has been trading between two crucial levels, $1.21 and $1.55, for nearly two months. Markey observer More Crypto Online highlighted that since the early February correction, there hasn’t been any major…
Researchers at the California Institute of Technology theorize that a functional quantum computer may require far fewer qubits than previously thought, making it feasible for the first quantum computer to be deployed before the end of the decade. Caltech researchers, working with a Caltech-linked start-up, Oratomic, said that by reducing the errors that “riddle today’s rudimentary quantum computers,” a functional quantum computer could be built with as few as 10,000 to 20,000 qubits. It was previously thought that millions of qubits were necessary for a quantum computer to function properly, said Caltech. A qubit is the basic unit of a quantum computer…
Bitcoin sell pressure is rising as the bitcoin price drifts toward a sixth straight monthly loss, yet underlying flows show a split market where short-term holders exit while institutions absorb supply. Bitcoin price traded below $65,000 late Tuesday after falling from above $74,000 earlier in March. The move has come alongside a rise in exchange inflows, with about 22,000 BTC sent to trading venues during one session, signaling distribution from recent buyers. Despite that pressure, price has held above the $60,000 range and remains above long-term support levels. The key question is where the coins are going. On-chain data points…