Crypto News
USDC Sets All-Time High Market Cap Above $60 Billion as Adoption Surges
USDC set a new all-time high market capitalization above $60 billion as adoption grows and its issuer, Circle, is rumored to be eyeing an IPO.Source link
Nigerian Oil Marketers Denounce Oil De-Dollarization Policy
Olufemi Adewole, Executive Secretary of DAPPMAN, warns that Nigeria’s Naira-for-crude oil transaction framework could destabilize foreign exchange (FX), deter foreign direct investment (FDI), and worsen economic challenges. He highlights the volatility of the Naira and stresses that crude oil transactions traditionally rely on the U.S. dollar for stability and global acceptability. Adewole cautions that deviatingSource link
U.S. House Stablecoin Bill Poised to Go Public, Lawmaker Atop Crypto Panel Says
WASHINGTON, D.C. — The U.S. House of Representatives should have the actual text to debate on Wednesday of a bill that would regulate stablecoins, according to a key lawmaker pushing that legislation, which should get the House ready to potentially catch up with a parallel Senate effort.Rep. Bryan Steil, the Republican who leads the crypto subcommittee within the House Financial Services Committee, said at a Wednesday event in Washington that the bill would be unveiled before the day is out. The Senate has already recently advanced its own version of the U.S. stablecoin oversight legislation through the Senate Banking Committee.Both bills would set up guardrails for the issuance of digital tokens that are based on the value of steady assets...
Indonesia Bank ‘Backs Law Enforcement’ After Its Accounts Were Used in Crypto Scam
An Indonesian bank has pledged to "back law enforcement" as investigators look into a scam that lured victims with BCA and BRI accounts.Source link
XRP Price Watch: Daily, 4H, and 1H Charts Point to a Potential Surge
XRP traded at $2.45 on March 26, 2025, within a tight intraday range of $2.43 to $2.48, amid a total market capitalization of $142 billion and a 24-hour trade volume of $2.40 billion. XRP On the 1-hour chart, XRP exhibited a micro uptrend characterized by tight price action within an ascending channel between $2.44 andSource link