
Fed official touts DeFi as ally, not rival, to traditional finance
Christopher J. Waller highlighted that DeFi tackles challenges presented by intermediaries, such as excessive costs and necessity of trust.
Follow crypto adoption news across institutions, governments, merchants, and consumers as digital assets move further into everyday use.

Partnering with fintech firm Lightnet, SCB aims to revolutionize cross-border transfers with stablecoin remittances.

Ripple's RLUSD stablecoin to revolutionize global crisis relief.

Tether said its USDT saw a record user number with 36.25 million new quarterly additions during the third quarter of this year.

Metaplanet has more than doubled its Bitcoin holdings this October by acuiring more than 450 BTC this month.

The digital yuan has been used to conduct transactions of over 7.3 trillion yuan ($1 trillion) across pilot regions.

Crypto ranks second in popularity among all investor asset classes, with 62% of Millennials planning portfolio allocations.



