Solana just recorded $2.25 billion in USDC Minted during September, with the last $250 million batch closing out the month at a record pace. Clearly, this is not random market noise. Circle Solana activity has been steady, structured, and large-scale, which points to systematic institutional deployment rather than retail speculation. Circle has already minted about
The financial landscape in Hong Kong is witnessing a significant transformation as Yunfeng Financial, a prominent Hong Kong-listed firm, makes a bold move into the digital asset space. This exciting development marks a new era for investors seeking access to innovative Yunfeng Financial crypto services. What’s Driving Yunfeng Financial’s Crypto Ambition? Yunfeng Financial recently announced
ORQO Group, a new institutional asset manager with $370 million in assets under management, has launched on Tuesday with plans to build out a yield platform for Ripple’s RLUSD stablecoin. The group, headquartered in Abu Dhabi, consolidates four entities from both traditional finance and digital assets: Mount TFI, a private debt specialist and licensed fund
Contrary to claims from the U.S. banking industry, stablecoins do not pose a risk to the financial system, according to the chief policy officer at crypto exchange Coinbase (COIN), Faryar Shirzad. Banks’ claims that they do are are myths crafted to defend their revenues, he wrote in a Tueday blog post. “The central claim —
Standard Chartered has released a new report on the role of digital asset treasuries (DAT) in the cryptocurrency market. Geoffrey Kendrick, the bank’s global head of digital asset research, said that Ethereum would benefit more from acquisitions by DAT companies than Bitcoin and Solana. According to Kendrick’s data, DATs currently hold 4% of all Bitcoin,
Gold and the S&P 500 both reached all-time highs today, while crypto market caps suffered a slight decline. This decoupling could be a bearish signal for future markets. These two assets usually have an inverse correlation, so their simultaneous gains indicate a mix of caution and eagerness. If crypto gets left behind by both trends,
Interactive Brokers chief strategist Steve Sosnick said the Fed may scale back expectations of future interest rate cuts ahead of this week’s interest rate decision. Sosnick stated that markets have almost certainly priced in a 25 basis point cut, saying, “The Fed doesn’t want to disappoint the majority of people. However, they may dampen excessive