Bitcoin24h $84,360.96-3.41%

Ethereum24h $1,902.42-5.10%

XRP24h $2.21-5.37%

BNB24h $622.02-2.20%

Solana24h $129.76-5.88%

Dogecoin24h $0.1812-4.79%

Cardano24h $0.7090-4.14%

TRON24h $0.2328-0.45%

Toncoin24h $3.81-5.64%

Chainlink24h $14.28-7.92%

Ripple billionaires’ RLUSD captures less than 0.04% of stablecoin market

The billionaire-backed Ripple USD (RLUSD) has failed to capture even 0.05% of the stablecoin sector’s market capitalization.

Tether became a political powerhouse in 2024

Tether has increasingly had to find political allies to continue growing and Howard Lutnick of Cantor Fitzgerald has been happy to oblige.

Dollar-pegged stablecoin TUSD may still be up to 99.7% backed by speculative assets, despite an SEC settlement that alleged this behavior.

In a move likely linked to its cooperation with the FBI, Tether blacklisted an address after Heartland Bank’s CEO stole millions of dollars.

The Bitcoin Policy Institute published a report endorsing a strategic reserve of bitcoin akin to US strategic reserves of gold or petroleum.