Circle's euro-backed stablecoin EURC has surpassed €400 million in circulation, more than doubling its supply over the past year. This growth is driven by wider adoption across major blockchains, exchanges, payment networks, and institutional platforms. EURC operates as a MiCA-compliant e-money token issued by Circle's licensed entity in France, with reserves independently verified monthly. Despite strong growth, Circle urges EU regulators to ease rules that could limit smaller euro stablecoins' use in institutional settlements, as the euro stablecoin market remains small compared to the overall euro money supply.
BNB is trading at $607.36, showing a 0.73% gain and maintaining support above its 50-day moving average of $603.61. The next key resistance is the 200-day moving average at $618.83, which traders are watching closely for a potential bullish breakout....
Jeonbuk Bank has become the first regional bank in South Korea to implement Ripple Payments, enabling near real-time, 24/7 cross-border remittances. This move aims to replace traditional multi-day international transfers with faster, more transparent...
James Chanos, a noted short seller, described MicroStrategy's Bitcoin treasury as an "$80 billion actionable spread," pointing to a significant valuation gap between the company's Bitcoin holdings and its market capitalization. MicroStrategy holds ab...
Bitcoin ETFs saw over $500 million in net inflows in Q3, though this only partially offsets $4 billion withdrawn in June. Jane Street notably increased its Bitcoin ETF holdings by around $630 million in Q2 after a sharp sell-off in Q1, signaling rene...
XRP network saw a 280% increase in million-dollar transactions, reaching 38 transfers in 24 hours, driven by large holders accumulating over 450 million XRP. This surge coincides with Ripple's integration into South Korea's Jeonbuk Bank for cross-bor...
