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CLARITY Act: White House Says Deposit Flight Risk From Stablecoin Rewards “Quantitatively Small”

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White House economists have allayed concerns that stablecoin rewards could pose a risk to bank deposits, providing a major boost for the CLARITY Act....

Will XRP Price Hold Key 2024 Support Level as CLARITY Act Enters Pivotal Week?

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XRP price has dropped to test a 2024 support level following a 35% crash in the last three months. These losses have been driving...

Aave Launches on OKX’s X Layer with xBTC, xETH, xSOL, and USDT Support

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Aave has officially gone live on OKX’s X Layer, expanding its presence in decentralized finance (DeFi). The Ethereum layer-2 network receives its lending and...

Mastercard Beats Coinbase To Acquire Stablecoin Infra Company BVNK at $1.8Bn

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In what appeared to be a closely contested bidding race, Mastercard has finally announced its acquisition of stablecoin infrastructure firm BVNK. The company had...

XRP Ledger Adds On-Chain Privacy as ‘Missing Piece’ for Institutional Adoption

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The XRP Ledger (XRPL) has gotten on-chain privacy, with zero-knowledge (ZK) proof technology now natively integrated into the network. XRPL Commons, a key stakeholder...