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Circle prefers reserves and payment rails with the Fed, says exec

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Circle’s APAC Vice President said that the company currently holds 80% of its reserves but would ultimately like to keep all cash with the Fed, in light of the recent banking crisis.

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Coin Market

XRP whale wallet withdrawals top 720M as risk-adjusted return data points to opportunity

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Whales pulled more than 720 million XRP from exchanges, as various data points converge to predict a potential 50% rally.

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Coin Market

Coinbase lets users transfer stock portfolios as exchange expands beyond crypto

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The crypto exchange is deepening its push into traditional finance by enabling ACATS stock transfers and expanding trading products beyond digital assets.

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Coin Market

State Street launches GENIUS Act-aligned money market fund for stablecoin reserves

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The launch comes amid growing competition among financial institutions to manage assets backing dollar-pegged stablecoins.

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