But while whales are buying, derivatives traders are betting against it…what now?
Ripple CEO Brad Garlinghouse has discussed the current state of the stablecoin industry and how much the industry could be worth in the next few years. He also commented on why his firm’s RLUSD stablecoin has the potential to dominate the market at some point. Ripple CEO Breaks Silence On Stablecoin Market Growth In a CNBC interview , the Ripple CEO noted that the stablecoin market is worth around $250 billion and that many predict that it could grow to between $1 trillion and $2 trillion over the next few years. He further remarked that the growth of these stablecoins has been profound. Tether’s USDT currently leads the way with a market cap of almost $160 billion. Indeed, experts like the US Treasury Secretary, Scott Bessent, have predicted that stablecoins could reach $2 trillion over the coming years. Bessent also recently alluded to reports that stablecoins could grow into a $3.7 trillion market by the end of the decade. He believes this is more likely with regulations like the GENIUS Act. Ripple CEO Brad Garlinghouse is a stakeholder in the stablecoin market, as his firm is the issuer of the RLUSD stablecoin . Garlinghouse admitted that they joined the market relatively late, although they had already been using stablecoins in their payment flows for institutional customers. He indicated that this was what prompted the move to issue the RLUSD stablecoin, in order to serve their clients better. Garlinghouse is confident that the RLUSD stablecoin will benefit from the growth ahead, especially as they continue to serve their institutional clients. Meanwhile, the Ripple CEO noted how the stablecoin has already crossed the $500 million market cap milestone in just a few months since its launch. CoinMarketCap data shows that the stablecoin’s market cap is up over 3% in the last 24 hours, reaching $517 million. Plans To Grow The RLUSD Stablecoin As part of the plans to grow the RLUSD stablecoin, Ripple has applied for a national banking license with the OCC. If approved, the company’s stablecoin will be subject to the regulatory purview of the US Office of the Comptroller of the Currency (OCC) and the New York Department of Financial Services (NYDFS). The Ripple CEO stated that the dual nature of that regulation is a new and unique benchmark for trust in the stablecoin market. Garlinghouse again commented on this move during the CNBC interview. The Ripple CEO noted that his firm has been focused on compliance and adhering to existing regulations. He suggested that the RLUSD stablecoin is on course to become the most regulated stablecoin, which would give them an edge in the stablecoin market . Meanwhile, it is worth noting that Ripple has partnered with BNY Mellon to custody RLUSD’s USD reserves. The crypto firm is confident that this would further build trust in its stablecoin.
DV8 Public Company Limited announced a strategic pivot towards becoming a Bitcoin-centric financial entity, signaling a significant shift in its corporate direction. The appointment of Chatchaval Jiaravanon, a prominent Thai
Ripple’s RLUSD stablecoin is set to revolutionize global payments, slashing remittance costs, boosting speed, and unleashing real-time blockchain-powered transactions worldwide. RLUSD Enters $27.6T Stablecoin Market as Ripple Pushes for Regulatory Clarity Ripple shared on July 11 that Ripple USD (RLUSD) is reshaping global remittances by offering faster, cheaper, and more accessible cross-border payments compared to
On July 13, a significant transaction was recorded on the Ethereum blockchain, highlighting increased activity among major investors. According to on-chain analyst Ai Yi (@ai_9684xtpa), a prominent whale address, identified
Peter Schiff reignites the debate on Bitcoin versus silver, emphasizing the contrasting investment dynamics between cryptocurrencies and precious metals. While Bitcoin remains a dominant force in digital finance, Schiff highlights
As of July 13, market analytics reveal that PUMP maintains a substantial open interest of $350 million on Hyperliquid, accompanied by a robust 24-hour trading volume surpassing $350 million and
Will exchange outflows be enough to fuel a $4K rally?
Crypto markets are heating up this July as sudden price jumps and real-world partnerships shake things up. Celestia’s 16% surge in one day has sparked new momentum, while Solana is drawing attention through a stablecoin trial with Japan’s Minna Bank. These moves show how fast sentiment can shift when strong fundamentals back the action. At the same time, BlockDAG is turning heads with a different approach. It’s entering the world of professional sports through new deals with the Seattle Seawolves and Seattle Orcas. Adding to the excitement, BlockDAG has launched a GLOBAL LAUNCH release, offering a discounted $0.0016 entry until August 11, an offer far below its Batch 29 rate of $0.0276. Celestia Recovery Signals Upside Celestia’s TIA spiked 16% within 24 hours after dropping 26% in the previous days. The quick rebound shows that buyers are stepping back in, even as over $2.9 million in spot selling was recorded. Analysts suggest the move wasn’t fear-based selling, but likely profit-taking. Currently, about 78% of TIA holders remain optimistic about future gains. The token is trading close to its upper Bollinger Band at $1.89, a zone analysts identify as an important resistance. Strong interest in derivatives also backs the price movement. If the momentum stays strong, the next ceiling could come into play soon. SOL Tests Stablecoin in Japan Solana is making new strides with a stablecoin experiment led by Minna Bank and Fireblocks. The project explores how Solana’s network, both public and permissioned, can support digital money transfers and settlements within traditional banking systems. This pilot is seen as an important step in proving blockchain’s place in real finance. By using Solana’s tech, Minna Bank wants to create a more efficient system for yen-based stablecoin activity. If results are positive, Solana could see broader usage in Japan’s digital currency space. This adds weight to the current SOL market analysis that points to long-term potential in regulated environments. BlockDAG Scores Big With Seattle Sports Deals BlockDAG is stepping into the spotlight, not just with its presale, but by going all-in on sports to bring blockchain into the mainstream. The platform has signed with the Seattle Seawolves, champions in Major League Rugby, becoming their Official Blockchain Partner. This partnership includes co-branded media, exclusive fan coins, and behind-the-scenes content aimed at deepening fan interaction. That’s not all. BlockDAG has also teamed up with the Seattle Orcas from Major League Cricket, expanding its reach to a global fanbase. Through this partnership, cricket followers will get player-focused digital content and blockchain-driven tools that connect them more closely with the game. These deals aren’t just for show; they’re helping build real engagement and pushing BlockDAG to a wider audience. BlockDAG is currently in Batch 29 with a coin price of $0.0276. But under the GLOBAL LAUNCH release, users can grab a special rate of $0.0016 until August 11. This discounted price could deliver a 3,025% return at the $0.05 launch price. So far, BlockDAG has raised $336 million and sold 23.8 billion coins. With momentum building fast, the project is setting itself apart from typical presales by combining tech with real-world presence. Looking Ahead Celestia is bouncing back fast with a 16% surge, showing how quickly confidence can return. Solana’s move into stablecoin testing with Minna Bank opens doors to financial system adoption, hinting at broader support ahead. But it’s BlockDAG that’s drawing fresh interest with a mix of sports visibility and a limited-time offer. The $0.0016 GLOBAL LAUNCH release price is available until August 11. This, along with its growing presence in rugby and cricket, makes it one of the top crypto projects catching attention this season. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post TIA Rallies 16% & SOL Enters Japan’s Banking Sector While BlockDAG GLOBAL LAUNCH Release Sets $0.0016 Price for Limited-time appeared first on TheCoinrise.com .
On July 13, prominent on-chain analyst Murphy highlighted a rare reappearance of a Bitcoin chip structure fault range, with the URPD (UTXO Realized Price Distribution) fault zone currently positioned between