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Ripple計劃於12月17日在獲得紐約金融服務部的批准後全球推出其新的穩定幣Ripple USD(RLUSD)。RLUSD是一種以美元爲支持的穩定幣,最初將在Uphold、MoonPay和Archax等平臺上提供,預計很快會有更多上市。Ripple的目標是通過RLUSD增強跨境支付,並在2025年前整合到其Ripple支付系統中。包括前印度儲備銀行行長拉古拉姆·拉詹在內的關鍵人物已加入RLUSD的顧問委員會,以指導其戰略增長和穩定。
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Crypto and stock markets surged on January 21, with Bitcoin recovering losses from its January 20 dip. The US markets, closed on January 20 for Martin Luther King Jr. Day, opened strong, reflecting optimism about President Trump's business-friendly policies. The US Dollar Index dropped, easing from recent highs, while Treasury yields rose amid geopolitical concerns. Bitcoin climbed 3.8% to $107,240, despite no crypto mention in Trump's inaugural speech. Positive news came from the SEC's new crypto task force and Bank of America's openness to crypto payments, boosting market sentiment.
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Ethereum is facing challenges as its onchain activity dropped 38% over a week, trailing behind rivals like Solana and BNB Chain. Ethereum's DApps, including Balancer and Uniswap, saw significant volume declines. The network's transaction fees, averaging $5.50, are under scrutiny, with debates on balancing costs and staking rewards. Meanwhile, Solana surged with $118.6 billion in activity, driven by the launch of the Trump memecoin. Internal disputes at the Ethereum Foundation add to the uncertainty, as Vitalik Buterin asserts leadership amid criticism. Ethereum's market momentum remains uncertain.
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Coinbase CEO Brian Armstrong anticipates new US stablecoin regulations that may require issuers to back tokens with US Treasury bills, potentially complicating matters for offshore companies. In an interview at the World Economic Forum, Armstrong highlighted that Tether might struggle with compliance. Coinbase plans to delist noncompliant stablecoins but will continue offering USDt services for now. Meanwhile, US lawmakers, led by Rep. Tom Emmer, prioritize stablecoin legislation to reinforce the US dollar's global status. The Payment Stablecoin Act aims to solidify this position.
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Circle Internet Financial, the issuer of USDC, has acquired Hashnote, the company behind US Yield Coin (USYC), a leading tokenized real-world asset fund. This strategic move aims to position USYC as a preferred yield-bearing collateral on crypto exchanges and with major financial institutions. Hashnote's USDY is currently the top tokenized money fund by market cap, boasting a TVL of $1.25 billion. Circle is also teaming up with DRW to enhance liquidity and settlement capabilities. This acquisition highlights the growing interest in tokenized assets, a market with a $30-trillion potential globally.
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Asset managers Osprey Funds and REX Shares are aiming to launch new exchange-traded funds (ETFs) for a variety of cryptocurrencies, including popular memecoins like Dogecoin (DOGE), Official Trump (TRUMP), and Bonk (BONK). According to a recent regulatory filing, these ETFs will directly hold spot cryptocurrencies and related financial derivatives. Notably, the REX-Osprey TRUMP ETF would be the first to include the TRUMP memecoin, which saw a significant surge in value upon its release. As US regulators are expected to relax crypto oversight, numerous crypto ETFs await approval, potentially expanding investment options in the digital asset space.
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