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Ripple has agreed to acquire Rail, a stablecoin-focused global payments platform, for $200 million. The deal, announced this week, is expected to close in the fourth quarter of 2025, pending regulatory approvals. It marks Ripple’s latest move to expand its digital asset payments infrastructure amid …
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee because whispers are growing louder, charts are shifting, and an old Ripple IPO (Initial Public Offering) debate is starting to resurface — but this tim…
By Joe LightThe midsummer gathering in the White House complex would have been unthinkable last year.Dozens of executives from crypto firms, including Coinbase Global, Kraken, and Ripple Labs, on July 30 piled into the Indian Treaty Room in the Eisenhower Executive Office Building, an ornate former …
Crypto stocks were once the stars of the market. But right now, they’re not shining so bright. After months of excitement, many of these stocks such as Coinbase, Circle, Metaplanet, have dropped sharply as much as 30% to 50%. And the real question is: why aren’t smart investors buying the dip?Warnin…
Cryptocurrency exchange operator and media company Bullish plans to raise between $568 million and $629 million in a US initial public offering (IPO), having already drawn interest from major institutional investors. Just weeks after its initial IPO submission, Bullish submitted an updated F-1 docum…
Stablecoin juggernaut Tether scored a new quarterly record during the second quarter by posting a net profit of $4.9 billion, the company said on Thursday.Tether's previous net profit record of $4.52 billion was set during the first quarter of last year. The company has proven in recent years to be …
Tether, the biggest stablecoin issuer, reported a record $4.9 billion profit in Q2 2025. The gain shows better operations and smart management of its $127 billion in U.S. Treasuries. As of June 30, 2025, the circulation of Tether’s USDT exceeded $157 billion, marking an increase of $20 billion since…
Stablecoin issuer Circle plans to deploy native USDC and its Cross-Chain Transfer Protocol (CCTP) v2 to Hyperliquid, bringing the U.S. dollar-pegged token's direct mint/redeem model and Circle’s institutional on-/off-ramps to the derivatives-focused chain.Until now, Hyperliquid users have relied on …
Strategy, a publicly traded company, has announced the successful closing of its initial public offering (IPO) of 28 million shares of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at a public offering price of $90 per share.The offering generated gross proceeds of approximately $2…
Western Union is exploring ways to integrate stablecoins into its services as the firm seeks to modernize cross-border payments. During a Monday interview with Bloomberg, Western Union CEO Devin McGranahan said that the company views stablecoins as an opportunity. He also said it is exploring partne…
Today in crypto, Stategy co-founder Michael Saylor signals another Bitcoin purchase, Circle’s Dante Disparte says the GENIUS Act ensures tech giants and banks can’t dominate the stablecoin market without facing strict structural and regulatory hurdles, and Bitcoin social media dominance has surged w…
Update (July 18 at 5:08 pm UTC): This article has been updated to include more information on Circle’s attendance at the signing ceremony, scheduled for 6:30 pm UTC.Update (July 18 at 5:33 pm UTC): This article has been updated to include a statement from Sergey Nazarov.Several high-profile figures …