According to Gemini’s S-1 filing, one of the leading US exchanges has entered into a credit agreement with enterprise blockchain company Ripple Labs. The agreement makes it possible for Gemini to draw funds from Ripple via a credit facility. Gemini’s borrowings will bear interest of up to 8.5% per year. $75 million borrowing cap The
Tether’s latest reserves report reveals a stablecoin issuer operating on a scale typically reserved for nations. According to its Q2 2025 attestation from BDO, the company holds $162.57 billion in assets, surpassing its liabilities of $157.11 billion, resulting in a $ 5.46 billion surplus. This cushion, above what’s needed to redeem all tokens, is rare
A recent Bank of America (BofA) Global Fund Manager Survey shows that institutional investors remain largely absent from crypto discussions. The BofA survey polled 211 managers overseeing $504 billion in assets, suggesting that crypto allocations remain more symbolic than strategic. Bank of America Survey: 97% of Big Money Still Dodges Crypto According to the August
Japan’s Financial Services Agency (FSA) is preparing to approve the issuance of yen-denominated stablecoins as early as this fall, marking the first time the country will allow a domestic fiat-pegged digital currency. Tokyo-based fintech firm JPYC will register as a money transfer business within the month and will lead the rollout, Japanese news outlet The
Companies that serve as connective tissue between digital assets and legacy payments systems are getting a glow-up from stablecoins this year, according to VanEck Ventures Managing Partner Juan Lopez. As companies continue to explore new use cases with dollar-pegged tokens, those that help customers swap between cash and crypto are becoming some of the hottest
The crypto market grew 13% in value in July, fueled by a rotation from bitcoin BTC$118,183.23 into altcoins, according to Binance Research’s “Monthly Market Insights” report for August. Ether (ETH) was the standout, rallying 48% as another 24 companies added the asset to their balance sheets, lifting corporate holdings by 128% to 2.7 million ETH.
Jason Zhao, co-founder of intellectual property blockchain project Story Protocol, is stepping away from his full-time role after more than three years of building the platform. Zhao announced via a social media post that he will remain as a strategic adviser while turning his focus to a new AI initiative, Poseidon, which applies artificial intelligence
The crypto market is going through significant increase in fundraising events in August 2025. As per the data from Phoenix Group, Story Protocol, 1Kosmos, and Sui are the top among the leading funding events that have taken place recently in August. In line with the crypto data and analytics platform’s latest X post, the respective