Industry leaders expect RLUSD to further shift crypto market dynamics, where upstarts tether (USDT) and USD Coin (USDC) could see competition from Ripple’s product.
Though many Democrats on the House Financial Services Committee voted with Republicans to move the bill, they raised flags about the Trump-tied stablecoin.
The company is on the Financial Conduct Authority's investment firms register which is for firms that are authorized to perform MiFID investment services.
The stablecoin deviated from its price peg as Tron founder Justin Sun claimed that First Digital Trust is "effectively insolvent," a characterization the company pushed back on.
A new exchange-traded product (ETP) based on the CoinDesk 20 index offers a simple way to gain broad crypto market exposure without the complexities of token selection.
The spot funds managed net inflows in the first quarter despite declining prices, but how much was true demand and how much was arbitrage remains in question.
Two special-election winners that will help bolster Republicans' narrow lead in the U.S. House of Representatives were backed with crypto cash in their races.