Bitcoin24h $90,886.77-0.18%

Ethereum24h $2,992.83-1.44%

XRP24h $2.20+0.86%

BNB24h $874.24-1.62%

Solana24h $136.08-1.13%

TRON24h $0.2809+0.02%

Dogecoin24h $0.1486-1.23%

Cardano24h $0.4156-1.06%

Hyperliquid24h $34.40-2.07%

Bitcoin Cash24h $521.31-4.92%

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.