Stablecoins
Cross River Bank links $2.4B RLUSD to core banking system
The bank says fintechs can access dollar and RLUSD payments through one API, with availability limited to some US states.
stablecoins
Latest stories
DEX
Only 18% of Uniswap v3 positions under $1,000 beat holding after gas, study finds
Bitquery tracked closed regular positions in eight Ethereum v3 pools. For positions below $1,000, the share beating holding fell from 51% before gas to 18% afterward.
Derivatives
Binance stock put options lock full USDC reserves for sellers
Binance’s seller FAQ requires full purchase funds and allows early assignment, but its linked terms still describe long-only trading.
Liquidations
Machi loses $269,000 on ETH, then opens another long seven minutes later
Hyperliquid force-liquidated 1,650 ETH early on Oct. 15, and the tracked wallet held a new 2,500 ETH long by 13:16 BST.
AI
AI agents keep coming back for crypto as x402 wallet refill rate surges to 89%
Chainalysis reports rising repeat funding among active wallets, while median time to first payment has collapsed from 73 days to just 18 minutes.
Banking
9 mega banks block crypto accounts, but new OCC rules bite back
New OCC findings put crypto restrictions in a nine-bank record, while AML, sanctions and operational assessments still shape access.
Stablecoins
USDC splits global reserves as EBA enforces Nov 12 handover
The EBA's designation brings dual supervision of Circle's EU issuer, while its Oct. 1 response seeks more flexible reserve requirements.
Stablecoins
Qivalis wins Dutch EMI license, but MiCA rules block launch
The company says issuance is planned in the coming months, subject to MiCA requirements and white-paper publication.
DeFi
Firelight forces XRP-linked tokens lockup as withdrawal delay queue grows
The October 6 activation moved existing FXRP stakes automatically into pooled cover backing, pairing fee income with claim exposure and longer withdrawals.
Partnerships
Ripple targets trillion-dollar securities markets with new US brokerage and South Korean deals
The partnerships extend Ripple's infrastructure into stock-market settlement and securities tokenization, although commercial deployments remain at different stages.
Stablecoins
US deposit rates choke USDC adoption, and a BIS model reveals why
Historical estimates point to stronger USDC growth sensitivity to deposit repricing, while exchange rewards complicate adoption forecasts.
Stablecoins
Global watchdog warns the $300 billion stablecoin market could face bank runs even with full reserves
The FSB says cross-border liquidity mismatches could trigger redemption crises and threaten dollar pegs as regulators prepare for G20 discussions.
