Bitcoin24h $95,426.96+1.68%

Ethereum24h $1,811.14+0.58%

XRP24h $2.32+3.55%

BNB24h $607.26+1.29%

Solana24h $151.09+1.94%

Dogecoin24h $0.1809-0.39%

Cardano24h $0.7166+2.11%

TRON24h $0.2466-0.90%

Sui24h $3.78+4.66%

Chainlink24h $14.90+2.50%

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.