Ripple Partners With Wall Street Giant BNY Mellon to Back RLUSD Stablecoin
TL;DR Ripple appointed BNY Mellon as the custodian of the cash and Treasury reserves backing its RLUSD stablecoin, which has already surpassed $500 million. The company
banks (Latest Publications)
Banking giant BBVA enables Bitcoin and Ethereum trading for its customers in Spain
TL;DR BBVA enabled the purchase, sale, and custody of Bitcoin and Ethereum for clients in Spain, operable exclusively with biometrics through its mobile app. The bank
Barclays Blocks Crypto Buys With Credit Cards, Citing Risk and Scams
TL;DR Barclays will block cryptocurrency purchases with credit cards starting June 27 to reduce debt risks for its customers. JPMorgan Chase, Lloyds Bank, and TBC Bank
Fiserv Launches FIUSD Stablecoin Using Solana, Paxos, and Circle Tech
TL;DR Fiserv will launch FIUSD, a stablecoin built on Solana that will integrate into its banking and payments network with no extra costs or operational changes.
Standard Chartered Sees XRP Overtaking Ethereum by 2028 as Utility Grows
TL;DR Market Shift Prediction: Standard Chartered analyst Geoffrey Kendrick forecasts that XRP will outpace Ethereum in market capitalization by 2028. Efficiency and Utility: XRP’s design offers
BBVA Shakes Up Wealth Management: Advises 3%-7% Crypto Exposure for Clients
TL;DR Portfolio Shift: BBVA now recommends that wealthy clients allocate 3%-7% of their portfolios to cryptocurrencies, marking a significant change in traditional asset management. Tailored Strategy:
Société Générale Unveils USDCV: A New Chapter in Digital Finance
TL;DR Launch of USDCV: Société Générale’s SG-FORGE is debuting a USD-pegged stablecoin, USDCV, operating on Ethereum and Solana blockchains. Seamless Transactions: The stablecoin offers round-the-clock fiat-to-digital
Deutsche Bank Considering Tokenized Deposits and Stablecoins Integration
TL;DR Deutsche Bank is considering entering the stablecoin and tokenized deposit market, according to reports that have not yet been officially confirmed. Its interest in digital
Financial Freedom in Danger in Europe: Former ECB Official Advocates for Euro CBDC
TL;DR The Bank of Italy once again pushes the digital euro as an excuse to control cryptocurrencies and weaken individual financial freedom in Europe. MiCA has
Santander Plans Digital Asset Expansion With Euro and Dollar Stablecoin in Sight
TL;DR Banco Santander has outlined a preliminary plan to launch a stablecoin and offer cryptocurrency trading through Openbank. The digital subsidiary has already applied for licenses
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