BitcoinWorld Hut 8’s Impressive Q2 Profit: A Deep Dive into Their Massive BTC Holdings The cryptocurrency world often buzzes with news of market shifts and technological advancements. However, every so often, a company’s financial results stand out, offering a clear picture of success. Recently, Hut 8 , a prominent player in the Bitcoin mining space, made headlines with its truly impressive Q2 profit , signaling robust health and strategic foresight within the evolving crypto mining industry. This remarkable performance, coupled with significant BTC holdings , positions Hut 8 as a leader to watch. Hut 8’s Stellar Financial Performance: A Deep Dive into Q2 Profit Hut 8 has demonstrated exceptional financial strength in its second quarter. The company reported a substantial Q2 profit of $137.5 million in net income. This figure represents a significant achievement in the competitive digital asset landscape. Furthermore, the Canadian-based firm recorded $41.3 million in Q2 revenue. It also achieved an adjusted EBITDA of $221.2 million. These figures, released via a GlobeNewswire press release, underscore Hut 8’s operational efficiency and strong market position. The results highlight a period of successful growth for the company. Massive BTC Holdings: A Strategic Advantage for Bitcoin Mining One of the most compelling aspects of Hut 8’s Q2 report is its substantial Bitcoin reserves. As of June 30, the company proudly holds 10,667 Bitcoin (BTC). This impressive cache of BTC holdings was valued at approximately $1.1 billion. Holding a significant amount of self-mined Bitcoin is a strategic move for any Bitcoin mining operation. It allows the company to benefit directly from any appreciation in Bitcoin’s value. Moreover, it provides a strong balance sheet foundation. This strategy reinforces Hut 8’s commitment to long-term value creation in the crypto space. Powering the Future: Hut 8’s Energy Capacity for Crypto Mining Beyond its financial figures and Bitcoin treasury, Hut 8 is also making significant strides in its infrastructure development. The company currently manages an energy capacity of 1,020 megawatts (MW). This substantial capacity supports its extensive crypto mining operations. Looking ahead, Hut 8 has an ambitious development pipeline reaching 10,800 MW. This expansion plan indicates a clear vision for future growth and scalability. Such an impressive capacity ensures the company is well-prepared to meet increasing demands. It also positions Hut 8 to capitalize on future opportunities in the expanding digital asset sector. Why Hut 8’s Q2 Profit Matters for the Crypto Market Hut 8’s outstanding Q2 profit sends a positive signal across the entire cryptocurrency ecosystem. Strong financial results from major players like Hut 8 can bolster investor confidence. They demonstrate the viability and profitability of the Bitcoin mining sector, even amidst market fluctuations. These achievements also highlight the importance of efficient operations and strategic asset management. Companies that can consistently deliver strong earnings, while also accumulating valuable BTC holdings , are likely to thrive. Therefore, Hut 8’s performance serves as a benchmark for other companies in the digital asset industry. In conclusion, Hut 8’s second-quarter performance is nothing short of spectacular. Their impressive net income, robust revenue, and substantial Bitcoin treasury underscore a well-executed strategy. With significant energy capacity and ambitious expansion plans, Hut 8 is clearly charting a course for continued success in the dynamic world of crypto mining . Their results offer a beacon of stability and profitability for the entire digital asset community. Frequently Asked Questions (FAQs) What is Hut 8? Hut 8 is a leading Canadian-based digital asset mining company. It focuses on large-scale, industrial-grade Bitcoin mining operations. How much profit did Hut 8 report in Q2? Hut 8 reported a net income of $137.5 million in Q2 profit . They also achieved $41.3 million in revenue and $221.2 million in adjusted EBITDA. How many Bitcoins does Hut 8 hold? As of June 30, Hut 8 held 10,667 Bitcoin. These BTC holdings were valued at approximately $1.1 billion. What is Hut 8’s current energy capacity for mining? Hut 8 currently manages an energy capacity of 1,020 megawatts (MW) for its crypto mining operations. They also have a development pipeline of 10,800 MW. Why are Hut 8’s Q2 results significant for the crypto market? Hut 8’s strong financial results demonstrate the profitability and viability of the Bitcoin mining sector. They can boost investor confidence and set a benchmark for operational efficiency in the broader digital asset industry. Did you find Hut 8’s incredible Q2 performance insightful? Share this article with your network on social media to spread the word about the impressive growth in the Bitcoin mining sector! Your shares help us bring more valuable insights to the crypto community. To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Hut 8’s Impressive Q2 Profit: A Deep Dive into Their Massive BTC Holdings first appeared on BitcoinWorld and is written by Editorial Team
The Cardano price stalling means your limited capital is better utilized in other high-potential altcoins. With the Ethereum ecosystem set to be the biggest gainer in the coming months, the SHIB coin and Unilabs Finance (UNIL) are at the top of the ERC-20 tokens list. Their growth prospects and budget-friendliness are some of their biggest attractions, with UNIL’s blend of AI and DeFi making it more appealing. How Much Further Down Can the Cardano Price Go? The Cardano price stalled following a 10% decline in the weekly timeframe. As momentum drops, the Layer-1 altcoin hovers around $0.71, with investors fearing further decline toward lower price levels. Meanwhile, technical indicators suggest now might be a great time to sell, highlighted by the bearish MACD level and 9-HMA. TradingPuzzles’ price prediction further adds to the token’s bleak outlook. According to their forecasts, as long as the Cardano price remains below $0.7, there is a high chance of a potential decline toward $0.64 and $0.55 . On the other hand, according to Messari , mindshare is high, giving an optimistic outlook. A breakout above $0.8 could ignite a run toward its 30-day high of $0.92 and potentially spark a significant rebound in the Cardano price. The SHIB Coin Could Be The Next Big Runner While memecoins have been largely underwhelming this quarter, things are about to change. The SHIB coin, leading the meme narrative on the Ethereum blockchain, is a promising play on the experts’ ERC-20 tokens list. Down 85% from its 2021 ATH of $0.000088, the dog-themed cryptocurrency has plenty of room to run. That isn’t all. It is budget-friendly, with a SHIB coin going for just $0.000012 following an 8% dip in the weekly timeframe. Bulls pushing the SHIB coin toward its 30-day peak of $0.000015 is expected to spark FOMO. Moreover, daily trading volume is increasing, up 30% and exceeding $200 million, which could ignite a big leap in price in the coming days. Unilabs Finance (UNIL) — Significantly Underpriced and Undervalued At $0.0097, experts consider the Unilabs Finance (UNIL) token a steal. Since debuting in presale at $0.004, the price has increased by 142%, although new investors still stand to gain a 415% return at the listing price of $0.05. With more gains anticipated this year after its listing, it has staggering potential on the experts’ top ERC-20 tokens list. Meanwhile, as the first AI-backed asset management platform for digital assets, analysts have drawn a parallel with DeFAI protocols like Derive (DRV) and Supra (SUPRA). While these protocols are valued around $50 million, Unilabs Finance’s competitive edge is its redistribution of 30% of the total platform-generated fees to users. Other incentives to holding include staking rewards, periodic airdrops and governance rights, driving more demand. Underpriced and undervalued, a token costs only $0.0097 in the sixth ICO stage, with a staggering $11.4 million raised in early funding. Closing Thoughts As the Cardano price stalls, experts have drawn up an ERC-20 tokens list of high-potential altcoins. On this list are the SHIB coin and the UNIL token, significantly undervalued and underpriced. By combining AI, DeFi and TradFi, Unilabs Finance (UNIL), the world’s first decentralized asset manager, is both fundamentally solid and promising. For more information about Unilabs Finance (UNIL) visit the links below: Buy Presale Website Telegram Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
BitcoinWorld Moca Network’s Crucial Token Cliff Extension Paves Way for Moca Chain Launch The cryptocurrency world often buzzes with rapid developments, but sometimes, patience is the ultimate virtue. Moca Network , a prominent player in the Web3 gaming and metaverse space, recently made a significant announcement that highlights its long-term vision: a strategic extension of its token cliff . This move directly impacts investors and sets the stage for the highly anticipated Moca Chain launch . What Does Moca Network’s Token Cliff Extension Mean for Investors? In a move signaling robust preparation, Moca Network announced on X a crucial update to its MOCA tokenomics . This update primarily involves extending the vesting cliff for a substantial 90% of investors. What exactly does this mean for those holding MOCA tokens or considering future involvement? Extended Waiting Period: The vesting cliff for the majority of investors now stretches to Q4 2025. This means a longer period before these tokens begin to unlock and become transferable. Strategic Partner Lock-up: Tokens held by strategic partners will remain locked until late 2025, with their full vesting schedule extending through January 2027. This demonstrates a shared commitment to the project’s long-term success. Foundation for Moca Chain: This extension is a direct precursor to the upcoming Moca Chain launch , aiming to ensure stability and alignment as the new blockchain goes live. This decision reflects a deliberate strategy to foster a healthy, sustainable ecosystem, preventing immediate sell-offs and promoting a more stable market environment for the MOCA token. Understanding MOCA Tokenomics: Allocations for a Sustainable Future A deeper dive into the updated MOCA tokenomics reveals a thoughtful distribution designed to support the network’s growth and longevity. Understanding these allocations helps us grasp the project’s priorities and how resources will be channeled. The core allocations are structured as follows: Network Incentives (31.5%): A significant portion is dedicated to incentivizing participation and activity within the Moca Network ecosystem. This could include rewards for validators, developers, and active users, crucial for driving adoption. Ecosystem and Treasury (20%): This allocation provides vital resources for ecosystem development, partnerships, grants, and general operational expenses. It acts as a flexible fund to adapt to market conditions and pursue strategic opportunities. Team (12%): The team’s allocation is essential for retaining talent and ensuring long-term commitment from those building the network. Vesting schedules for team tokens are typically long, aligning their interests with the project’s success. These allocations are standard practice in well-structured crypto projects, aiming to balance immediate needs with long-term sustainability and growth. Why is Token Vesting Crucial for Blockchain Stability? The concept of token vesting is a cornerstone of responsible tokenomics, particularly for new blockchain initiatives like the forthcoming Moca Chain launch . It plays a vital role in preventing market instability and fostering long-term commitment from all stakeholders. Prevents Price Volatility: By gradually releasing tokens, vesting prevents a sudden influx of supply that could depress prices, protecting early investors and the overall market. Aligns Incentives: It ensures that team members, strategic partners, and early investors are incentivized to work towards the project’s long-term success, as their rewards are tied to the network’s sustained value. Builds Trust: A transparent and extended vesting schedule signals maturity and commitment, building trust within the community and attracting serious participants. This extended crypto token cliff for Moca Network investors is a strategic maneuver, aiming to create a more stable and predictable environment as they prepare for a major transition to their own blockchain. The decision by Moca Network to extend its token cliff and update its MOCA tokenomics is a clear indicator of a methodical and long-term approach. By prioritizing stability and careful token distribution ahead of the anticipated Moca Chain launch , the network is laying a robust foundation for its future. This move, while requiring patience from investors, ultimately aims to cultivate a more resilient and sustainable ecosystem. It reinforces the idea that strategic delays can often lead to stronger, more enduring projects in the fast-paced world of cryptocurrency. Frequently Asked Questions (FAQs) 1. What is a token cliff in cryptocurrency? A token cliff is an initial period during which no vested tokens are released to investors or team members. After this period, tokens typically begin to unlock according to a predefined vesting schedule. 2. Why did Moca Network extend its token cliff? Moca Network extended its token cliff to ensure greater stability and alignment of interests among investors and strategic partners, especially in preparation for the upcoming Moca Chain launch. This helps prevent early token dumps and supports long-term ecosystem health. 3. How does the Moca Chain launch relate to these updates? The extension of the token cliff and the updated tokenomics are directly linked to the Moca Chain launch. These measures aim to create a stable economic environment for the new blockchain, ensuring a smoother transition and sustainable growth once it goes live. 4. What are the main allocations in MOCA tokenomics? Key allocations in MOCA tokenomics include 31.5% for network incentives, 20% for ecosystem and treasury development, and 12% for the team, among other categories not detailed in the announcement. 5. When will investor tokens begin to vest? For 90% of investors, the extended vesting cliff means their tokens will begin to vest from Q4 2025. Strategic partner tokens will remain locked until late 2025, with vesting extending through January 2027. If you found this insight into Moca Network’s strategic move valuable, consider sharing this article with your network. Help us spread awareness about important developments in the crypto space by sharing on X, LinkedIn, or your preferred social media platform! To learn more about the latest tokenomics trends , explore our article on key developments shaping blockchain projects and their future growth . This post Moca Network’s Crucial Token Cliff Extension Paves Way for Moca Chain Launch first appeared on BitcoinWorld and is written by Editorial Team
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Cryptocurrency analyst and trader Ali Martinez is warning of a potential sharp drop in the price of Bitcoin ( BTC ) if history repeats itself. Martinez tells his 145,900 followers on the social media platform X that Bitcoin has previously corrected by 20% to 30% in two instances after the Relative Strength Index (RSI) on the weekly chart fell below the 14-period smooth moving average (SMA) overlaid on it. The RSI is a momentum oscillator used to determine oversold or overbought conditions. The RSI crossing the moving average indicates a bearish signal, while the RSI crossing above a moving average is a bullish signal. “If history repeats, we could see a move down to $95,000!” Source: Ali Martinez/X The widely followed analyst also says that based on Bitcoin’s Market Value to Realized Value (MVRV) Extreme Deviation Price Bands, the $111,000 price is a “critical support level” for the crypto king and could lead to a correction of around 20% from the current area if it breaks. The MVRV Extreme Deviation Pricing Bands are a tool used to determine potential support and resistance levels based on the standard deviation of Bitcoin’s MVRV ratio from its historical mean. The MVRV ratio, which is simply the ratio of Bitcoin’s market cap relative to the price when coins were last moved, indicates whether Bitcoin at current prices is above a fair value (overvalued) or not (undervalued). Source: Ali Martinez/X Bitcoin is trading at $114,168 at time of writing. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/sdecoret/Konstantin Faraktinov The post Trader Issues Bitcoin Alert, Says BTC Could Drop Sharply if History Repeats Itself – Here Are His Targets appeared first on The Daily Hodl .
BitcoinWorld OKX Margin Trading Delisting: Urgent Alert on 21 Pairs Get ready, traders! OKX, a leading global cryptocurrency exchange, has just announced a significant update concerning its margin trading offerings. This crucial OKX margin trading delisting will impact 21 specific pairs, requiring immediate attention and action from users. Understanding these changes is vital for anyone engaged in crypto margin trading on the platform. What Does the OKX Margin Trading Delisting Mean for You? OKX officially communicated on its website its decision to delist a total of 21 margin trading pairs. This move is part of an ongoing review process aimed at maintaining a healthy and robust trading environment. The delisting will occur in two distinct phases, impacting various popular digital assets. This means that after the specified dates, you will no longer be able to open new margin positions or maintain existing ones for these particular pairs. Therefore, it is essential for traders to prepare adequately to avoid any potential complications or unexpected losses. Which OKX Delists Pairs Are Affected and When? Understanding which specific pairs are affected is paramount for all OKX users. The delisting schedule is precise, with different batches of pairs being removed on separate days in August. The first batch of delistings is scheduled for August 14th, between 06:00 and 10:00 UTC . The pairs to be removed on this date include: AAVE/USDC ADA/USDC ALGO/USDT APE/USDC APT/USDC ATOM/USDC AVAX/USDC BCH/USDC CHZ/USDC DOT/USDC LINK/USDC NEAR/USDC Following closely, the second wave of delistings will occur on August 15th, also between 06:00 and 10:00 UTC . These include: OP/USDC SAND/USDC UNI/USDC XRP/USDC DOGE/USDC LTC/USDC SOL/USDC ETH/USDC BTC/USDC Navigating the Impact on Your Crypto Margin Trading Strategy For traders currently holding positions in these soon-to-be delisted trading pairs , immediate action is paramount. OKX advises users to take specific steps to avoid potential losses or complications arising from the delisting. It is crucial to close any open margin positions for the affected pairs before their respective delisting times. If you fail to do so, OKX’s system will automatically close these positions, which could result in forced liquidation at potentially unfavorable market prices. Always prioritize managing your risk effectively, especially when exchange updates occur. Important Actions Following This OKX Exchange Update To ensure a smooth transition and protect your assets, consider these actionable insights: Close Open Positions: Actively close all your margin positions for the listed pairs before the specified delisting times. This gives you control over your exit price. Transfer Assets: If you hold any of the base or quote assets (e.g., AAVE, USDC, USDT) from the delisted pairs in your margin account, consider transferring them to your funding or trading accounts. This ensures accessibility and flexibility for future trades. Stay Informed: Regularly check OKX’s official announcements page for any further updates or clarifications regarding this or other changes. Understanding the Implications of Delisted Trading Pairs While the immediate impact is on margin trading, understanding why exchanges make such decisions provides broader insight. Typically, delistings occur due to factors like low liquidity, insufficient market demand for certain pairs, or a strategic decision to streamline offerings. This OKX exchange update aims to optimize their trading environment, ensuring focus on more liquid and actively traded assets. The OKX margin trading delisting serves as a vital reminder for all cryptocurrency traders to stay informed about exchange announcements and proactively manage their portfolios. Being prepared for such changes is a key component of successful and responsible trading in the dynamic crypto market. The recent OKX margin trading delisting serves as a vital reminder for all cryptocurrency traders to stay informed about exchange announcements. Proactive management of your portfolio is key in the ever-evolving cryptocurrency landscape. Always be prepared for changes to ensure the security and growth of your digital assets. Frequently Asked Questions (FAQs) When exactly will the OKX margin trading delisting occur? The delisting will happen in two phases: August 14th, 06:00-10:00 UTC for the first batch of 12 pairs, and August 15th, 06:00-10:00 UTC for the second batch of 9 pairs. What happens if I don’t close my margin positions before the delisting? If you do not close your positions, OKX’s system will automatically close them at the delisting time. This could result in forced liquidation, potentially at unfavorable market prices, leading to unexpected losses. Can I still trade these pairs on spot markets after the delisting? The announcement specifically refers to margin trading pairs. OKX typically maintains spot trading for many of these assets. It’s advisable to check the spot market availability directly on the OKX platform for specific pairs. Why does OKX delist trading pairs? Exchanges like OKX delist pairs to optimize their offerings, often due to low liquidity, insufficient trading volume, lack of market demand, or to manage risk more effectively. It’s a standard practice to maintain a healthy and efficient trading environment. Will this OKX exchange update affect my other assets on OKX? This delisting specifically impacts margin trading for the listed 21 pairs. Your other assets or trading activities not related to these specific margin pairs should remain unaffected. However, always review your portfolio in light of significant exchange announcements. Did you find this information helpful? Share this article with your fellow traders and friends on social media to keep them informed about the latest OKX updates and critical crypto market changes! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post OKX Margin Trading Delisting: Urgent Alert on 21 Pairs first appeared on BitcoinWorld and is written by Editorial Team
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Bo Tang, head and assistant director at HKUST, believes that Hong Kong’s stablecoin bill’s strict customer identification requirements could hinder the adoption of those currency-backed digital assets. He also said it could impede Hong Kong’s global digital finance market competitiveness. Hong Kong’s long-awaited Stablecoin Ordinance was established on August 1, making it the first market globally to regulate fiat-referenced stablecoin issuers. Tang said the bill’s know-your-customer (KYC) rules, which require issuers to verify the identity of every holder, oppose the basis of secrecy and privacy. HKMA claims stablecoin requirements mean to prevent illegal activities The Hong Kong Monetary Authority stated that such parameters are necessary to prevent terrorism financing and money laundering. The agency argued that it wants to take a more cautious approach in its first steps as it navigates through the industry. Tang said that such measures are a bit too strict and not good for acquiring users. He also argued that industry participants interested in cross-border payments using the country’s regulated stablecoins will require the receiver to open an account in Hong Kong just to pass KYC checks. Tang maintained that the KYC rules limit the advantages of stablecoins over traditional payments, such as efficiency and privacy. He also argued that HKMA’s strict rules might be a way to limit the frenzy in the country among investors looking into companies that want to invest in stablecoins and virtual currencies. The fiat-backed digital assets maintain a constant value, and their underlying blockchain technology enables instant, borderless transfer of funds at low cost. Hong Kong-based crypto trader, Ricky Xie, noted that the country’s KYC rules are tougher than those in the U.S. He believes that many foreign users may opt out of the country’s stablecoin market because KYC is affecting not only those with accounts with the issuer, but also every stablecoin holder. “The Ordinance has established a risk-based, pragmatic, and flexible regulatory regime. We believe that a robust and fit-for-purpose regulatory environment would provide favorable conditions to support the healthy, responsible, and sustainable development of Hong Kong’s stablecoin and other broader digital asset ecosystem.” – Eddie Yue , Chief Executive of the Hong Kong Monetary Authority. PwC’s digital asset Asia lead, Peter Brewin, believes that the main HKMA-regulated stablecoin users are Chinese companies. He argued that those firms use digital currencies for cross-border money transfers, trade, payments, and remittances. The HKMA banned anonymous wallets to mitigate illegal transactions and improve transparency. Hong Kong’s Stablecoin Ordinance also comes with cross-border compliance obligations requiring firms to ensure their operations meet international standards. The regulation also prohibits any link between licensed stablecoin entities and decentralized finance (DeFi) platforms. The country’s financial regulator said the initiative aims to distance Hong Kong from the DeFi sector, raising concerns within the crypto community about the future of decentralized finance in the region. HKMA plans to begin issuing licenses early next year HKMA also requires stablecoin issuers to begin applying for licenses starting this month. The agency said it wants stablecoin issuers to comply with a flurry of requirements, such as proper management of asset reserves and segregation of client assets. The country’s financial regulator said parties interested in applying for a license should contact the agency by August 31 so that it may communicate regulatory expectations and provide feedback. Interested parties that believe they are sufficiently fit for licensing should contact the agency by September 30. The country’s financial regulator said it will issue its first license in 2026 at the earliest. HKMA’s deputy chief executive Darryl Chan also revealed that only a handful of entities will be granted licenses in the first batch of applications. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
The stablecoin sector achieved another milestone in July, with total market capitalization reaching a new all-time high of $261B, representing a 4.87% monthly increase. This achievement extends an unprecedented twenty-two consecutive months of growth for the stablecoin market. $1.60T Trading Volume Powers July’s Stablecoin Market Growth According to the latest Stablecoins & CBDCs Report from CoinDesk, stablecoin pair trading volume on centralized exchanges reached $1.60T in July, coinciding with a broader digital asset rally driven by surging corporate adoption. Source: Coindesk Research The report reveals that Tether (USDT) maintains its sector leadership position, with market capitalization climbing 3.61% to $164B in July, marking its twenty-third consecutive monthly expansion. Despite this growth, USDT’s market dominance experienced a slight contraction in July, declining from 62.5% to 61.8%. Meanwhile, USD Coin (USDC) showed strong performance with a 3.78% increase to $63.6B, while Ethena USDe posted remarkable growth of 43.5% to reach $7.60B in market capitalization. Ethena is experiencing the fastest growth in Q3 2025 It's up $4.02 billion this quarter, and we still have 60 days left in this quarter. Compared to other stablecoins like USDT, USDC, and USDS, Ethena has low transfer volume compared to its market cap. The transfer… pic.twitter.com/RYb2UI7ebP — Heechang (@xparadigms) August 4, 2025 Ethena USDe’s expansion proves particularly noteworthy, occurring despite a significant decrease in staked USDe APY from over 20% to 9.79%. A surprising finding from the report shows Falcon Finance’s USDf, which recorded the highest market capitalization increase among the top 10 stablecoins, surging 121% to $1.07B. Conversely, BlackRock’s BUIDL and First Digital Labs’ FDUSD experienced the steepest declines, falling 15.9% and 8.54% to $2.40B and $8.54B, respectively. Source: Coindesk Research The report ranks the top 10 stablecoins by market capitalization as follows: Tether (USDT), USD Coin (USDC), Ethena USDe, Sky Dollar, Dai, BlackRock USD (BUIDL), World Liberty Financial USD (USDD), Ethena USDtb, First Digital USD, and Falcon USD. Tron Network Captures 50% of Total USDT Supply As GENIUS Act Establishes Federal Stablecoin Framework The stablecoin ecosystem on the Tron network reached a new all-time high in July, climbing to $81.9B. For the first time since August 2024, Tron now commands over 50% of the total USDT supply across all blockchain networks. USDT Has a New Home: It’s TRON. 1H 2025 Recap: Stablecoin Capital Has Moved ➾ USDT on TRON: $80.8B (ATH) ➾ Ethereum: $73.8B ➾ +$21B growth in 2025 | +35% YTD TRON now settles more USDT than Ethereum — it’s not catching up, it’s leading. Why it matters: TRON is the new… pic.twitter.com/VIYgga4Ome — Dark cookies (@ayo30bg) August 2, 2025 The stablecoin sector’s consistent growth coincides with enhanced regulatory clarity. Most significantly, the GENIUS Act became law when President Trump signed the legislation on July 18. This groundbreaking framework establishes the first federal regulations for “payment stablecoins,” mandating full 1:1 backing by cash or liquid U.S. Treasuries, while enforcing monthly reserve disclosures and auditing requirements. These developments have accelerated adoption within the stablecoin sector as builders, users, and stakeholders gain increased confidence in its utility and efficiency. For example, in July, the combined market capitalization of non-USD stablecoins, including euro and ruble-backed tokens, exceeded $1 billion for the first time. Source: Coindesk Research These trends have encouraged countries and traditional financial institutions to soften their stances toward crypto stablecoin adoption. On August 1, Hong Kong’s licensing regime announced plans to permit HKD- and CNY-pegged stablecoins to compete in Asian settlement markets currently dominated by USD. Just Yesterday, payment processor Remitly disclosed intentions to integrate stablecoin functionality into its global payment network. Industry Split on Stablecoin Market Growth Projections: $2T vs $500B The stablecoin wave of adoption and innovation has prompted industry leaders like Ripple CEO Brad Garlinghouse to project explosive sector growth, suggesting the market could expand from its current $261 billion valuation to as much as $2 trillion in the near future. Speaking on CNBC’s “Squawk Box” in July, Garlinghouse characterized the potential expansion as “profound,” citing institutional momentum and evolving regulatory frameworks as primary catalysts. Stablecoins To $2 trillion! Treasury Secretary Scott Bessent said that dollar linked stablecoins could hit $2trn and could help cement dollar dominance. pic.twitter.com/U30W4VuUP4 — Coin Bureau (@coinbureau) June 12, 2025 However, JPMorgan has expressed skepticism regarding bullish stablecoin projections, forecasting more modest growth to $500B by 2028 and cautioning that trillion-dollar estimates are “far too optimistic.” The banking giant cited limited mainstream adoption and restricted use cases beyond cryptocurrency trading as significant barriers to explosive growth. The post Stablecoin Market Cap Soars 4.87% to $261B Following 22-Month Growth Streak appeared first on Cryptonews .
Ripple's CTO confirms XRP Ledger is fully decentralized, no secret control. XRP Ledger validators are independently operated and network changes require consensus. Ripple manages XRP sales but denies market manipulation claims. Ripple does not have “secret access” to the XRP Ledger (XRPL) network — the blockchain is fully decentralized, Ripple’s CTO David Schwartz stated in an interview with Decrypt. ”We are a significant contributor to the ecosystem. It is certainly very important to us. But we have no interest or desire to control or manage the network,” Schwartz said. Critics have pointed to the relatively low number of validators on the XRPL—187 according to XRPScan—much fewer than Bitcoin’s roughly 23,000 nodes as reported by Bitnodes. However, Schwartz emphasized that the number alone is not the key metric; the distribution among independent operators matters most. According to Schwartz, Ripple operates only one of 35 validators—less than 1% of the total network. All major protocol changes require 80% agreement from network participants. “We physically cannot block transactions or change the rules of the game unilaterally,” he added. The XRP Ledger uses Unique Node Lists (UNLs), which are trusted validator nodes independently selected by each participant. The official UNL maintained by the XRP Foundation used to include Ripple nodes but now operates independently. Some critics allege Ripple influences the market by periodically selling XRP tokens—it currently controls about 38 billion XRP. Schwartz denies any manipulation, stating that sales from escrow affect liquidity but do not impact blockchain operations. Ripple’s decentralized governance model, with less than 1% control over validators and strict consensus rules, ensures no single entity, including Ripple, can unilaterally control or manipulate the XRP Ledger network.