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US Treasury Secretary: Stablecoin Market Could Greatly Exceed $2 Trillion – Markets and Prices Bitcoin News
Stablecoins are projected to drive a sharp increase in demand for U.S. Treasurys and strengthen the dollar’s global dominance, with their market expected to surpass $2 trillion by 2028, according to the U.S. Treasury Secretary.
XRP Moves Into High Gear With Bitgo as Institutional DeFi Race Accelerates – Featured Bitcoin News
Bitgo has expanded XRP-related DeFi access by adding custody support for Flare and Songbird. The move enables institutions to securely store assets connected to the XRP ecosystem, with staking support planned.
Court Slams My Big Coin With $25M Penalty Over False Cryptocurrency Claims – Legal Bitcoin News
A staggering $25 million in penalties and restitution has been levied in a landmark federal court ruling, exposing a sham crypto project that duped investors with bogus claims of gold backing and market viability.