Finance News

XRP Ledger Welcomes First MiCA-Compliant EURØP and Brazil’s USDB Stablecoins

XRP Ledger Welcomes First MiCA-Compliant EURØP and Brazil’s USDB Stablecoins

Key Takeaways: Two regulated stablecoins, EURØP (euro) and USDB (dollar), have launched on the XRP Ledger, expanding its global footprint in tokenized finance. Both stablecoins are designed to serve institutional, DeFi, and real-world asset use cases, reflecting a push toward compliance-driven growth in digital finance. Ripple leaders see these launches as foundational for connecting regulated […]

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Sonic Labs GSR Alliance to Turbocharge S Token – Will Liquidity Surge Next?

Sonic Labs GSR Alliance to Turbocharge S Token – Will Liquidity Surge Next?

Determined to supercharge liquidity, Sonic Labs officially announced GSR as the designated market maker for its native S token on May 22, betting that fresh muscle will revive its DeFi ambitions. We're pleased to welcome @GSR_io, a globally recognized trading firm, as an official market maker for $S. Beyond liquidity, GSR is backing builders and

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Trump Adviser David Sacks Says Stablecoin Bill Set to Pass Senate – Could Unlock Trillions for U.S. Treasuries

Trump Adviser David Sacks Says Stablecoin Bill Set to Pass Senate – Could Unlock Trillions for U.S. Treasuries

David Sacks, senior crypto adviser to President Donald Trump, announced on May 21 that bipartisan momentum is propelling the GENIUS Actlandmark stablecoin legislation through the U.S. Senate. The bill, which aims to bring regulatory clarity to a $200 billion stablecoin market, has cleared an important procedural hurdle with the support of 15 Democrats, making its

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Circle and Catena Cofounder Sean Neville Raises  Million for ‘First AI-Native Bank’

Circle and Catena Cofounder Sean Neville Raises $18 Million for ‘First AI-Native Bank’

Sean Neville, co-founder of the USDC stablecoin creator Circle and CEO of Catena Labs, revealed a significant fundraise from major players for Catena’s new project: an AI-native financial institution. The $18 million financing round was led by a16z crypto, with participation from Breyer Capital, Circle Ventures, Coinbase Ventures, CoinFund, Pillar VC, and Stanford Engineering VF.

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Saudi Central Bank Secures B Bitcoin Exposure via Strategy Stake

Saudi Central Bank Secures $60B Bitcoin Exposure via Strategy Stake

Key Takeaways: Saudi Central Bank’s stake in Strategy grants indirect exposure to 568,840 BTC. The move mirrors Norway’s sovereign wealth fund strategy for crypto exposure. Saudi Arabia leads MENA in crypto growth (154% YoY) but lacks exchange regulations. In a rare move indicating shifting global reserve strategies, the Saudi Central Bank has revealed an investment

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Ukraine Drafts Bill to Add Bitcoin to War Chest – Is a National Reserve Next?

Ukraine Drafts Bill to Add Bitcoin to War Chest – Is a National Reserve Next?

Key Takeaways: Ukraine’s potential Bitcoin reserve indicates a shift toward financial self-sovereignty. The draft bill not only proposes holding Bitcoin but also opens the door for sweeping legal reforms that could define Ukraine’s digital asset framework for decades to come. With Binance leadership publicly supporting the move, Ukraine’s crypto strategy is increasingly shaped by alignment

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Sonic Labs GSR Alliance to Turbocharge S Token – Will Liquidity Surge Next?

Sonic Labs Secures $10M Galaxy Funding to Turbocharge US DeFi Push

$10 million in fresh capital has just landed on Sonic Labs after Galaxy snapped up its S-token, according to an announcement made at the recent Sonic Summit in Vienna from May 6-8. At Sonic Summit, we announced our $10M $S sale to @GalaxyHQ. This investment strengthens our US market position and provides critical support for

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BVNK Lands Visa Backing for B Stablecoin Expansion in U.S. Payments

BVNK Lands Visa Backing for $12B Stablecoin Expansion in U.S. Payments

Key Takeaways: Visa’s investment in BVNK indicates mainstream confidence in stablecoins as the next wave of global payments. BVNK’s U.S. expansion and $12B annual processing show the rapid business adoption of stablecoin rails. This partnership positions Visa at the competitive forefront among players, bridging traditional finance with scalable crypto payment infrastructure. BVNK, a leading stablecoin

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