Ripple sees a $13 trillion opportunity in the corporate treasury sector for expanding its stablecoin business, leveraging its Ripple Treasury platform acquired through GTreasury. With around 1,200 corporate clients managing cross-border and domestic funds, Ripple aims to bring these traditional financial transactions onto blockchain technology. This move aligns with the growing adoption of stablecoins in payments and finance, as Ripple's RLUSD stablecoin supply has surged by over 50% recently. The industry is shifting from using stablecoins merely for faster transactions to integrating them as core components in financial products like credit, settlement, and liquidity management.
Bitcoin is losing its status as independent 'digital gold' and is now closely tracking the U.S. stock market, particularly the S&P 500. This growing correlation raises concerns that Bitcoin could face a sharp decline if U.S. equities correct, especia...
Saudi Arabia closed its critical East-West oil pipeline after it was damaged by drones launched from Iraq, causing crude oil prices to rise over 2%. The pipeline, which can carry 7 million barrels per day, bypasses the Strait of Hormuz and has been v...
Bitcoin's traditional four-year cycle, where price bottoms occur 770-900 days after halvings, is showing signs of change. This cycle, Bitcoin reached a new all-time high before the halving, diverging from past patterns. Institutional inflows via spot...
Symbiosis faced a major exploit on its Bitcoin Bridge, where a vulnerability allowed the attacker to mint unbacked syBTC tokens worth a notional $46.1 billion. However, actual losses were limited to about $336,000 as the attacker converted only 4.39 ...
South Korea's Financial Services Commission plans to expand blockchain use by tokenizing traditional securities like stocks, bonds, and funds, with Ripple's network playing a central role. This initiative aims to enable 24/7 trading and improve marke...
