Bitcoin24h $94,802.02-0.59%

Ethereum24h $1,818.87-0.42%

XRP24h $2.14-1.87%

BNB24h $598.92+1.70%

Solana24h $146.95+0.08%

Dogecoin24h $0.1708-0.78%

TRON24h $0.2482+0.50%

Cardano24h $0.6637-3.31%

Sui24h $3.41+3.44%

Chainlink24h $13.66-3.36%

Bank of America lobbies to dethrone Tether and Circle

Bank of America is happy to pay lobbyists to convince the US government to pass laws and rules favoring bank-operated stablecoins.

Ripple dumps XRP to pump RLUSD — still 0.2% the size of USDT

Ripple is selling over a billion dollars worth of cash, equity, and XRP tokens to fund an acquisition that it hopes will boost RLUSD volumes.

First Digital Trust has defended its firm after Justin Sun claimed it had misappropriated the vast majority of TrueUSD reserves.

Circle has filed to go public and admits that it is 98% less profitable than Tether despite sharing a similar business model.

Filings reveal that Techteryx, the firm behind TrueUSD, required a loan from Justin Sun after its reserves got stuck in First Digital Trust.