Crypto News
Florida Pharma Firm Will Use XRP for Real-Time Payments in $50M Financing Deal
A Florida-based pharmaceutical distributor is backing XRP as a treasury and payments asset, putting the token at the center of a $50 million financing deal.Wellgistics Health (WGRX) said Thursday it had secured an equity line of credit to support XRP-based reserves and infrastructure for real-time payments.The company plans to use the blockchain to settle transactions across its pharmacy network, manage vendor payouts, and issue credit lines backed by XRP.The move makes Wellgistics one of the few publicly listed U.S. firms to actively integrate XRP into its financial operations. XRP will help eliminate banking delays and lower settlement costs of fractions of a cent, two key resistance points in pharmaceutical supply chains.“We believe that there are certain advantages to integrating XRP...
Stripe Launches Stablecoin Accounts, Available to Businesses in 101 Countries
Stripe has introduced stablecoin accounts, enabling businesses in 101 countries to hold and transact using stablecoins like USDC and USDB. This move aims to provide entrepreneurs, especially in regions with volatile currencies, a tool to hedge against inflation and access the global economy more easily. Global Businesses Gain Access to Stablecoin Financial Accounts via StripeSource link
Treasury Secretary Bessent Blasts Senate for Blocking GENIUS Stablecoin Bill
Scott Bessent has slammed the Senate for blocking the GENIUS Act, warning it weakens U.S. crypto leadership ahead of the 2026 midterms.Source link
Congress Urged to Close Dangerous Crypto Oversight Gap Now
An urgent plea from a top former regulator presses Congress to act now, warning that inaction on crypto oversight endangers millions amid rampant fraud and market disorder. Former CFTC Chair Urges Congress to Act Now as Crypto Regulation Void Endangers Millions Rostin Behnam, former chairman of the U.S. Commodity Futures Trading Commission (CFTC) and nowSource link
Coinbase Will Be $1 Trillion Company, Says Bitwise CIO
Matt Hougan, Chief Investment Officer at Bitwise Asset Management, believes crypto exchange Coinbase (Nasdaq: COIN) will be a $1 trillion company in the future, following its acquisition of Deribit. In a statement on X, Hougan signaled strong confidence in Coinbase’s strategic direction, stating: “This is an insanely great acquisition. Coinbase is going to be aSource link