A payments operations manager who once spent days chasing confirmations across correspondent banks, watching settlement windows stretch into weeks, can today close the same transaction in seconds, with documentation on-chain and a stablecoin doing the work that once required multiple intermediaries and a waiting game.
Over the last seven days, the stablecoin sector posted a slight contraction of $90.01 million, bringing the market’s total valuation to $323.052 billion, according to figures compiled by Defillama. Tether continues to dominate the category, with its market capitalization sitting just below the $190 billion threshold at $189.468 billion, accounting for 58.65% of the stablecoin […]
The GENIUS Act could bolster US dollar demand, impacting global bond markets and favoring large stablecoin issuers, but faces de-dollarization challenges.
The post US government bets on stablecoins to enhance dollar dominance appeared first on Crypto Briefing.
The GENIUS Act could bolster US dollar demand, impacting global bond markets and favoring large stablecoin issuers, but faces de-dollarization challenges.
The post US government bets on stablecoins to enhance dollar dominance appeared first on Crypto Briefing.
The post Ripple backs Squid’s $6M cross-chain round appeared on BitcoinEthereumNews.com.
Ripple joined a $6M funding round for cross-chain infrastructure platform Squid. Summary North Island Ventures led the $6M strategic round, with Ripple, Dialectic, and Borderless also participating. Squid has routed over $6 billion in volume through more than 4 million transactions since its January 2023 launch. The new funding brings Squid’s total raised to $13.5 million and will fund consumer-facing product expansion. Cross-chain platform Squid raised $6 million in strategic funding to build new consumer-facing products that simplify how users move assets across blockchains. North Island Ventures led the round, with Ripple, Dialectic, Borderless, Scenius Capital, Altos, and Arche Capital also participating. Angel investors including Axelar co-founder Georgios Vlachos, Enso Finance founder Connor Howe, and Constructive founder Dan Lynch joined as well. Squid’s pseudonymous co-founder Fig declined
The post The agentic CFO in your pocket appeared on BitcoinEthereumNews.com.
The next wave of financial disruption is not arriving as a better app or a cheaper brokerage built on decades-old infrastructure. It is a complete overhaul of the legacy system of rent-seeking middlemen and inefficient rails, ushered in by three forces converging at once: stablecoins as always-on digital cash, the tokenization of real-world assets from stocks to bonds to real estate, and autonomous AI agents capable of managing money. Together, they are about to put a turbo-charged CFO in every investor’s pocket. For generations, sophisticated treasury management has been the exclusive province of institutions and the ultra-wealthy. Large asset managers employ teams whose sole function is to ensure that not a single dollar sits idle, that every security generates income, and that every vote reflects their values. Retail investors have never had access to anything comparable. That is about to change. Think of i
The post Ethereum’s Dynamics: A Closer Look at DeFi Dominance and Staking Trends appeared on BitcoinEthereumNews.com.
This year, Ethereum has experienced a 28% decline in value, yet it remains a powerhouse in the world of cryptocurrency, particularly in the decentralized finance (DeFi) sector. The network boasts around $43 billion in locked DeFi liquidity and holds over $165 billion in stablecoins, cementing its status as a preferred platform for transactional activities. Continue Reading:Ethereum’s Dynamics: A Closer Look at DeFi Dominance and Staking Trends Source: https://en.bitcoinhaber.net/ethereums-dynamics-a-closer-look-at-defi-dominance-and-staking-trends
ONDO advances tokenised stocks, ETFs, and on chain prime brokerage plans as Global Markets integrations expand. Ondo Finance is positioning tokenised stocks and ETFs as a core part of its on chain market strategy. At the ONDO Summit, company President Ian De Bode linked the plan to the growth of stablecoins, saying the firm wants […]
The post ONDO Builds On Chain Prime Brokerage Vision As Tokenised Markets Expand appeared first on Live Bitcoin News.