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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.
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.
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.