Soud v kauze SEC vs. Ripple rozhodl, že XRP samo o sobě není cenný papír. Zároveň ale označil přímý prodej XRP institucionálním investorům v hodnotě 728 milionů dolarů za neregistrovanou nabídku cenných papírů.
Today marks the three-year anniversary of what the digital asset community calls "The XRP Victory Day".
On July 13, Judge Analisa Torres of the U.S. District Court for the Southern District of New York delivered a landmark summary judgment in the SEC v. Ripple Labs case, fundamentally reshaping the cryptocurrency regulatory landscape.
The historic ruling decisively declared that XRP, in and of itself, is not a security.
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The historic Torres rulingThe legal warfare initiated by the U.S. Securities and Exchange Commission (SEC) in December 2020 sought to classify all sales of XRP as unregistered investment contracts.
Judge Torres's final ruling, however, rejected this attempt by relying on the decades-old Howey Test for modern digital assets.
Judge Torres ruled that Ripple’s programmatic sales of XRP on public digital asset exchanges did not constitute the sale of securities. She concluded that retail buyers purchasing tokens on secondary markets through blind bid-ask auctions had no way of knowing their funds were going to Ripple. Consequently, these buyers could not have had a reasonable expectation of profits derived directly from Ripple's effort (hence, it failed a core prong of the Howey Test).
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Conversely, the court sided with the SEC regarding direct institutional sales. Judge Torres ruled that Ripple’s $728 million in direct token sales to institutional players constituted unregistered securities offerings. These sophisticated parties were aware they were purchasing directly from Ripple (and their success depended on the company's efforts).
On the verge of a shutdown In the meantime, recently surfaced statements from Ripple CEO Brad Garlinghouse and Chief Technology Officer David Schwartz confirmed that the company was seriously considering closing its doors. "We almost decided to shut down the company when the SEC sued us," Garlinghouse admitted. "We were like, you know, the government has infinite power and resources." This was due to advice from their lawyers, according to Schwartz.
Aktivita na XRP Ledgeru ožila: označené transakce vyskočily za týden o 28,6 % na 676 800. Počet nových peněženek zůstal na 12 400, což naznačuje vyšší aktivitu stávajících uživatelů.
XRP Ledger app activity has picked up, with tagged transactions jumping 28.6% as more applications become active on the network.
Developer-related activity on the XRP Ledger is showing renewed momentum, with new data pointing to a noticeable rise over the past week. According to an X post from XRPL dUNL validator Vet, source-tagged transactions have increased sharply as more applications and services come live on the ecosystem.
XRP Ledger Records Stronger App Activity According to the data, source-tagged transactions reached 676,800 per week, representing a 28.6% increase compared to the first week of the reporting period.
An accompanying chart shows daily source-tagged transactions trending higher after a noticeable drop in late June. Activity accelerated on the third day of July, with several sessions since then pushing above the 80,000 mark. On July 10, tagged transactions on the XRP Ledger reached 120,000 per day, one of the highest readings on the chart.
XRP Ledger App Activity Spike/Vet Network participation also ticked up during the same timeframe. Average daily active source tags rose to 176, up 13% from the beginning of the reporting period.
Notably, source tags identify the services and applications generating activity on the XRP Ledger. As such, their increase suggests that more platforms are now operating on the network.
Overall, the metric shows that developers are actively deploying newer applications on XRP Ledger. Also, those apps are generating interest, resulting in more source-tagged transactions processed on the Ledger per day.
While the overall activity grew, the data shows that new wallets per week held steady at 12,400. Vet noted that the flat new wallet count suggests that existing users are becoming more active. The current increase in app usage is from users already registered on the network, not primarily from new addresses.
Rising Developer Activity Fueled by “Make Waves?” Vet noted that one possible explanation for the higher level of activity is the ongoing “Make Waves on XRPL” initiative organized by XRPL Commons.
For the uninitiated, the three-month competition started on June 22. XRPL Commons offers 50,000 XRP in rewards to developers who launch live applications on the XRP Ledger mainnet and attract active users and measurable on-chain activity.
The hackathon bases the incentives on working products and does not accept prototypes. At the end of the program on September 21, the best projects will receive a share of the 50,000 XRP prize money.
For context, 25,000 XRP will go to the best overall project, selected by the jury. 5,000 XRP will go to the application with the highest number of users. The project with the highest on-chain volume will receive another 5,000 XRP, while 1,000 XRP will be shared among 15 projects with 300 active users.
Vet suggested that this could be the reason why both tagged transactions and active source tags have climbed together. Nonetheless, this remains unconfirmed.
XRP Whale Activity and Price Decline Despite the increase in app activity, XRP whales have slowed down transactions. Over the past week, transactions exceeding $1 million on the XRP Ledger have dropped from 70 to two, a 97% decline.
At the same time, XRP also pulled back by 6%, as bears continue to dominate market proceedings. At the time of writing, XRP trades at $1.078, continuing to defend key support areas despite weakness.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
UK Treasury zařadilo Ripple do 54členné skupiny pro reformu velkoobchodních trhů s cílem modernizace prostřednictvím tokenizace. Program se zaměří hlavně na fixed-income trhy, DIGIT a tokenizované repo transakce.
The UK Treasury has selected Ripple, the US-based blockchain payments company, as a member of a major government-backed initiative designed to modernize the nation’s wholesale financial markets through tokenization.
Ripple joins top financial institutions in reform groupRipple will be part of a working group composed of 54 organizations, formed under the leadership of Wholesale Digital Markets Champion Chris Woolard and the City of London Corporation. Other members include prominent global financial institutions such as BlackRock, Goldman Sachs, and J.P. Morgan, as well as leading market infrastructure providers Euroclear and Bloomberg.
The government aims to fully replace traditional settlement systems with blockchain technology across wholesale financial markets. This initiative reflects the UK’s ambition to capture a share of the rapidly expanding global market for tokenized real-world assets, which analysts forecast could reach $88 trillion by 2035.
The UK government estimates a transition to on-chain wholesale markets may generate £33 billion in additional annual economic output and boost tax revenues by £14 billion each year by 2035.
By moving established financial activity onto blockchain-based platforms, officials seek to streamline operations and expand the competitive position of London’s financial sector.
Mini dictionary: City of London Corporation, a municipal governing body for the historic center of London, plays a central role in promoting the city as a leading financial hub and supports initiatives aimed at financial innovation and regulation.
Action plan targets digital bonds and tokenized marketsThe group has set a 12-month timetable focused initially on the fixed-income sector, which officials identify as ready for rapid transformation. A key part of the strategy involves launching DIGIT, sovereign digital bonds issued by the UK government, and digitizing collateral markets.
Nine specialized action groups will pursue end-to-end deployment of technological solutions. Their brief also includes live testing of tokenized repurchase (repo) transactions, targeted for completion by spring 2027.
Key Reform TargetImplementation GoalFixed-income marketsImmediate digital transformationDIGIT bondsLaunch as UK sovereign digital bondsTokenized repo transactionsLive end-to-end tests by spring 2027Input from market participants will be collected through September 4, 2026. After this feedback phase, the reform program will advance into implementation, ushering in a new era for Britain’s wholesale capital markets.
Ripple is expected to contribute its global technological expertise to support high-volume institutional transactions as the UK aims for digital innovation in its financial core.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
K3 Capital a Abraxas Capital během jedné hodiny vybraly z burz 16 948 ETH za zhruba 30,27 milionu USD. On-chain analytici to berou jako možný signál tiché akumulace Etherea.
Two institutional entities pulled a combined 16,948 $ETH, worth roughly $30.27 million, from centralized exchanges in a single one-hour window on July 13, raising fresh questions about whether sophisticated players are quietly building positions in Ethereum.
The Withdrawals K3 Capital moved 10,000 $ETH (approximately $17.85 million) off @Binance, while Abraxas Capital withdrew 6,948 $ETH (approximately $12.42 million) split across @Binance and @Bitfinex. The tight timeframe of both transactions has drawn attention from on-chain observers, who note that the coordination suggests a deliberate rather than coincidental strategy.
The move is consistent with a pattern that analysts have flagged across the broader market. Large withdrawals from centralized exchanges are often interpreted as a signal of accumulation, typically suggesting that the holder intends to store assets for the long term rather than trade them in the near future. Abraxas Capital has form here too: the firm previously withdrew 33,035 $ETH worth $60 million from Binance and Kraken in a single move, flagged by on-chain analytics platform Lookonchain.
The Bigger Picture The dual withdrawal lands against a backdrop of shifting institutional sentiment toward $ETH. According to CryptoQuant and Glassnode, exchange reserves have trended downward into Q2 2026 as long-term holders and institutions accumulate supply. Staking participation continues to draw liquid supply from the market, and some analysts believe a continuing structural supply shortage could arise from sustained ETF inflows, given that over 30% of circulating $ETH is already staked.
On the ETF side, sentiment has shown early signs of stabilisation. U.S. spot Ethereum ETFs recorded $14.8 million in net inflows on July 1, ending nine consecutive trading days of withdrawals. BlackRock's iShares Ethereum Trust (ETHA) led that rebound with $36.6 million in inflows.
The net outflow of $30.27 million from K3 Capital and Abraxas Capital alone points toward a shift to self-custody or professional staking protocols, though neither firm has publicly confirmed its intentions. Exchange withdrawals of this size often indicate long-term positioning rather than short-term speculation. Whether the move signals the start of a broader institutional accumulation wave or remains an isolated event is something on-chain analysts will be watching closely in the days ahead.
Sources:
Crypto Times: Whales Pull $29M in Ethereum From Binance as Accumulation Grows
Blockchain.news: Abraxas Capital $60M Ethereum Withdrawal
Analytics Insight: Spot Ethereum ETF Outflows Reverse as Institutional Gateways Launch
Ethereum Foundation pomocí koordinovaných AI agentů našla skutečnou chybu: vzdáleně spustitelný pád validátoru, který byl opraven a označen jako CVE-2026-34219.
The Foundation's security team used coordinated AI agents to uncover a remotely triggerable crash, then spent most of its effort weeding out convincing false positives.
Posted July 13, 2026 at 6:19 am EST.
The Ethereum Foundation pointed a fleet of coordinated AI agents at the software that runs the network and came away with a genuine security flaw: a remotely triggerable crash that could take a validator offline until an operator restarts it. The bug was fixed and disclosed as CVE-2026-34219.
In field notes published July 9, the Foundation’s Protocol Security team, writing through researcher Nikos Baxevanis, walked through how it ran the agents and vetted their output.
This story is an excerpt from the Unchained Daily newsletter.
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The more striking finding was about the work itself. Baxevanis wrote that little effort went into finding bugs and most went into separating the real ones from findings that only looked real. Unlike a fuzzer, which returns a crash and a stack trace, an AI agent returns a persuasive narrative, complete with a call chain, a severity rating, and working code, and it reads the same whether the bug is genuine or invented.
That gap has practical stakes as AI reshapes the security threat model. The team catalogued recurring false positives: crashes that only occur in test builds, attacks that work only if a value is planted by hand, and formal proofs that pass without proving anything useful. Agents also struggle with exploits that unfold across a sequence of individually valid steps, the pattern behind several of this year’s costly DeFi attacks, so the Foundation now uses agents to suggest which sequences to test rather than to render a verdict.
The experiment fits a broader shift at the Foundation, which has said it will lean more on AI-assisted verification after deep staff cuts. Its conclusion echoes work by Anthropic and Cloudflare on agent-driven security research: the models can cover far more ground than humans alone, but a person still has to decide what counts as a real bug and what gets disclosed.
Related Listen: Ex-Ethereum Foundation Researchers Launched Their Own Lab: Uneasy Money
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
Ethereum treasury firm Bitmine has purchased more ETH over the past week, pushing its holdings above 5.77 million ETH. The BMNR stock has fallen amid the announcement of this latest purchase, while Tom Lee cited the Robinhood Chain as a new bullish catalyst for Ethereum.
Bitmine Acquires 27,801 ETH as Holdings Climb Above 5.77 Million ETH In a press release, the Ethereum treasury firm announced that it acquired 27,801 ETH over the past week. The company’s Chairman, Tom Lee, reiterated that they expect to reach their goal of holdig 5% of the total ETH supply sometime this year.
Bitmine notably holds 5,770,038 ETH, which represets 4.8% of the total ETH supply of 120.7 million. The firm has also staked 4,917,189 out of its holdings, with its annualized staking revenues now projected at $242 million.
It is worth noting that the Ethereum treasury firm has maintained weekly ETH purchases since the start of the year. As CoinGape reported last week, Bitmine purchased 42,197 ETH between June 29 and July 3, around the time the Bitcoin treasury firm Strategy sold over $200 million worth of Bitcoin.
The Ethereum treasury firm continues to double down on its ETH accumulation despite sitting on an unrealized loss of around $9.2 billion, according to DropsTab data. The company has an average purchase price of $3,374 o its Ethereum holdings.
Robinhood Chain As A Catalyst For ETH Tom Lee highlighted the successful launch of the Robinhood Chain as a bullish catalyst for Ethereum. “Robinhood Chain uses ETH as the native gas token. And transaction fees are denominated in ETH, and the finality is settled on Ethereum. Robinhood’s 27 million users are paying crypto fees denominated in ETH. In other words, everyday users are starting to see ETH as money,” he said.
The Bitmine Chairman also noted that the Robinhood Chain’s dollar volume has exceeded $1 billion and that it has more trading volume than any other decentralized exchange (DEX), which he said demonstrates its outstanding utility and product-market fit for Ethereum. CoinGape recently reported that the Robinhood Chain hit 7.6 million daily transactions as it closed o the Base network.
Meanwhile, it is worth mentioning that the BMNR stock is down amid Bitmine’s announcement of its latest Ethereum purchase. The stock is currently trading at around $14.72, down almost 2%, according to TradingView data.
Source: TradingView; BMNR daily chart Please check out our page on Best Platforms to Trade Tokenized Stocks
Čínská policie zadržela 63 podezřelých v kauze praní peněz přes Tether (USDT); podle úřadů šlo asi o 1,7 miliardy USD v kryptu. Pekingské regulátory zároveň znovu zakázaly neautorizované jüanové stablecoiny a většinu tokenizace aktiv z reálného světa.
China is ramping up its efforts to combat cryptocurrency-related crime, with institutions and prosecutors outlining new frameworks for prosecution and asset disposal as police continue to break up large money laundering rings.
Prosecutors seek new rules for crypto money laundering casesAn opinion article published in the Procuratorate Daily, the official newspaper of the Supreme People’s Procuratorate, presents a detailed approach to tackling crypto-related money laundering in China. Authored by two district prosecutors from Hunan province and a university law professor, the article suggests that prosecutors often rely on broad “concealment” charges, as China’s existing money-laundering laws cover only seven predicate crimes, leaving crypto cases in a legal grey area.
The authors recommend adopting a “double investigation of one case” approach. This would involve screening every underlying crime for possible crypto-related laundering and mapping the flow of any digital assets involved. This proposal builds on a 2024 judicial interpretation from China’s Supreme People’s Court, which treats virtual-asset transactions used for moving criminal proceeds as a form of laundering.
To strengthen the evidentiary process, the article introduces the idea of using “blockchain data self-verification.” Under this principle, on-chain records that match public block explorer data would be regarded as legitimate unless proven otherwise. Reports from blockchain analytics companies, including fund tracing and address clustering, would serve as expert evidence. The article also supports the idea that circumstantial and fragmentary evidence can be acceptable if it presents a coherent narrative, even when not every coin is traced to its origin.
They propose that blockchain data, when verified using on-chain hash values and public explorers, should be assumed genuine unless disputed, while reports from blockchain analytics firms could serve as expert evidence in court.
Mini dictionary: Supreme People’s Procuratorate — This is China’s highest national agency responsible for legal prosecution and investigation of criminal offenses.
The article further addresses the challenge authorities face after seizing crypto assets. With China’s ban on trading, there is no legal method to convert seized tokens to fiat currency, leaving large sums effectively stranded.
Authorities push for official platform to manage seized cryptocurrenciesTo resolve the dilemma of disposing of seized digital assets, the article calls for the creation of a national platform dedicated to the custody and sale of confiscated cryptocurrencies through officially recognized channels, such as directed auctions. This system would rely on an expert committee to value assets accurately using both on-chain data and global exchange prices, and would potentially support cross-border cooperation to trace and recover assets moved abroad.
Currently, local government agencies have circumvented domestic trading bans by discreetly liquidating seized cryptocurrencies through external partners operating in overseas markets, a process previously documented by international agencies.
In 2024 alone, China’s prosecution authorities charged over 3,000 individuals with crypto-related money laundering activities, highlighting the scale of the issue and the urgency for legal reform.
China intensifies crackdown on yuan stablecoins and RWA tokenizationIn a separate move, China’s central bank and nine regulatory agencies issued a joint directive reaffirming the country’s tough stance against crypto activity. The notice, published on Friday, prohibits the creation of any yuan-linked stablecoin without regulatory approval and classifies most projects involving the tokenization of real-world assets as illegal. The statement warns that virtual currencies, stablecoins, and tokenized assets present systemic dangers to financial stability, repeating that cryptocurrencies have no status as legal tender and that trading, issuance, and brokerage activities tied to them are prohibited.
The new notice from China’s central bank, together with other regulators, explicitly bans the issuance of unapproved yuan-backed stablecoins and categorizes most real-world asset tokenization as unlawful.
Chinese police arrest group in $1.7 billion Tether laundering caseChinese law enforcement in Tonglio, a city in Inner Mongolia, announced the arrest of 63 suspects linked to a major Tether-based money laundering network. Authorities began their investigation when they detected unexplained deposits exceeding 10 million yuan at a local bank, prompting anti-money laundering procedures. Subsequent raids resulted in the seizure of 130 million yuan in cash and payment cards potentially connected to the laundering operations.
According to the official statement, the criminal group laundered around $1.7 billion in cryptocurrency, mostly using the Tether (USDT) stablecoin. Tether is a widely used US dollar-pegged digital asset, often used for cross-border transactions but also attracting scrutiny because of its utility in illicit activities.
Mini dictionary: Tether (USDT) — A leading stablecoin designed to maintain a 1-to-1 value with the US dollar, facilitating easy exchange and transfer of value across digital platforms.
Despite banning cryptocurrency trading and mining in 2021, China remains a global hotspot for crypto-based money laundering. Chainalysis, a blockchain analytics firm, estimates that Chinese-language laundering networks processed $16 billion worth of cryptocurrency in 2025 and now account for about 20% of global crypto money laundering. The company’s analysis links the continued prominence of such networks to China’s strict capital controls, as wealthy individuals looking to move assets offshore indirectly fuel laundering operations that also serve international crime syndicates.
YearEstimated Laundered Crypto AmountMajor Enforcement Action2022$1.7 billionMajor ring dismantled in China2024Over $1.7 billion63 suspects arrested, Mongolian city case2025 (projection)$16 billionChinese-language networks process 20% of global totalDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Hyundai Motor America a Hyundai Motor de México dokončily pilotní přeshraniční vypořádání v USD₮ přes Avalanche. V průměru trvalo sedm minut, oproti třem až čtyřem hodinám u běžných mezibankovních převodů.
Global Industrial Conglomerate Hyundai Completes Enterprise Treasury Pilot on Tether USD₮, Moving Corporate Funds Across Global Borders
13 July 2026 – Tether, the largest company in the digital asset industry and the issuer of USD₮, announces the successful completion of the first enterprise cross-border settlement Proof of Concept (POC) between Hyundai Motor America and Hyundai Motor de México through Axiym on the Avalanche blockchain network.
The initiative demonstrated that an enterprise cross-border transfer and verification process could be completed in an average of seven minutes, compared with traditional interbank transfers that typically require three to four hours or more.
As part of the first phase of the POC, Hyundai Motor America (HMA) converted USD 20,000 into USD₮, transferred the stablecoin to Hyundai Motor Mexico (HMM), and converted it back into U.S. dollars. The full process included international transfer and verification, highlighting how stablecoins can support cross-border settlement for global businesses.
While the pilot demonstrated the speed and efficiency of stablecoin-based settlement, it also reflects a broader shift in enterprise finance. The significance extends beyond the transaction itself: one of the world’s largest industrial companies is actively evaluating blockchain-based financial infrastructure for corporate treasury operations. As stablecoins move beyond crypto-native use cases, participation from global enterprises highlights growing interest in using digital dollars to support faster cross-border payments, treasury management, and capital movement.
This achievement builds on Tether’s existing strategic investment in Axiym and reaffirms Tether’s commitment to expanding enterprise and institutional use cases for USD₮ by supporting infrastructure purpose-built to enable compliant, scalable, and efficient global payment settlements. During the POC, Axiym’s regulated settlement infrastructure enabled the near-real-time movement of USD₮, demonstrating faster, more efficient cross-border settlement at enterprise scale.
The PoC went beyond the transaction itself, with Hyundai Card leading the design of the remittance structure and overseeing regulatory review, compliance considerations, accounting requirements, and the operational framework needed to evaluate stablecoin-based settlement between overseas subsidiaries.
As businesses expand across multiple jurisdictions, the ability to move capital quickly, transparently, and efficiently has become a strategic necessity. Stablecoins provide enterprises with a new way to streamline settlement, improve treasury management, and create more efficient global payment flows without compromising existing operational, governance, or compliance standards.
“Stablecoins are becoming a critical part of the next generation of global financial infrastructure,” said Paolo Ardoino, CEO of Tether. “Hyundai’s initiative shows the growing demand for financial infrastructure that can help enterprises to move value across borders with greater speed, efficiency, and transparency. USD₮ is helping bridge traditional finance and blockchain-based infrastructure, offering companies new tools to streamline settlement and unlock new ways to manage global operations effectively.”
The next phase of the initiative will explore additional cross-border corridors and local currency settlement, further evaluating how stablecoins can support broader enterprise payment and treasury workflows.
As global financial infrastructure continues to evolve, the conversation is no longer about whether stablecoins have meaningful real-world applications; it is about how quickly they will become embedded in the systems that power international commerce. Tether remains committed to supporting the technologies, infrastructure, and innovators accelerating that transformation.
DTCC plánuje do svého Collateral AppChain integrovat standardy Chainlinku s nasazením ve 4. čtvrtletí roku 2026. Má to zlepšit oceňování, řízení marží, optimalizaci kolaterálu i vypořádání.
The Depository Trust & Clearing Corporation (DTCC), a major US-based post-trade financial services company, will embed Chainlink standards into its Collateral AppChain, with a rollout slated for the fourth quarter of 2026. The integration targets pricing, valuation, margin management, collateral optimization, and streamlined settlement processes within the new blockchain-based layer.
Chainlink standards to power collateral and settlementDTCC has revealed plans to integrate Chainlink’s Runtime Environment into its Collateral AppChain, a specialized blockchain platform designed for collateral management and settlement operations. This environment supports the running of applications governed by shared business rules across interconnected financial systems.
The integration is expected to enhance functions such as real-time pricing, precision valuation, and improved margin calculations for institutional participants. Tools for collateral optimization aim to help firms more efficiently allocate and manage assets while meeting margin requirements and reducing settlement risk.
By leveraging blockchain, DTCC aims to deliver improved consistency in data usage across financial workflows, making key processes more transparent and auditable for participants and regulators.
Mini dictionary: DTCC, or Depository Trust & Clearing Corporation, is a leading provider of clearing and settlement services for US equity, bond, and derivative markets.
Tokenization and Smart NAV pilot inform new integrationThe planned move builds on DTCC’s recent tokenization initiatives, where traditional financial assets are represented and settled on blockchain platforms. Tokenization facilitates improved asset tracking and workflow efficiency, aligning with broader trends in capital markets modernization.
DTCC previously launched its 2024 Smart NAV pilot, which saw collaboration with major institutions, including JPMorgan, BNY Mellon, and Franklin Templeton. The project focused on using Chainlink to distribute fund Net Asset Value (NAV) data across blockchain-based channels securely and reliably.
Chainlink standards are set to be embedded into DTCC’s Collateral AppChain, combining advanced data integrity features with existing settlement infrastructure within the platform. The upcoming Q4 2026 rollout will support essential functions such as pricing, valuation, margining, and collateral optimization, according to project statements from industry participants.
Net Asset Value, or NAV, is a crucial measure in the investment industry, referring to the total value of a fund’s assets minus its liabilities. Precise and auditable NAV figures support both investor confidence and regulatory compliance in fund management.
ProjectScopeKey PartnersYearCollateral AppChainCollateral/settlementDTCC, Chainlink2026 (planned)Smart NAV pilotNAV data distributionDTCC, Chainlink, JPMorgan, BNY Mellon, Franklin Templeton2024Market reaction and LINK holder activityFollowing DTCC’s announcement, market attention around Chainlink has intensified. Chainlink is a blockchain protocol popular for delivering secure external data to smart contracts and supporting tokenized asset solutions in finance.
Some LINK holders, referencing the asset’s growing institutional footprint, have publicly reported new investments. One investor stated that $55,000 was allocated into LINK over the past two months, describing strong confidence in its future utility, while acknowledging such views do not guarantee returns or represent broader market consensus.
One market participant shared an investment of $55,000 into LINK within two months, attributing the decision to Chainlink’s perceived importance in evolving financial infrastructure. They dismissed critics who underestimate Chainlink’s impact, though these remarks represent individual perspectives rather than assured outcomes.
Attention now shifts to the fourth-quarter 2026 launch window, as observers look to track both the technical progress of the Collateral AppChain and its broader implications for adoption of blockchain solutions in traditional finance.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Lawson v srpnu otestuje platby stablecoinů v prodejně Lawson Takanawa Gateway City v Tokiu s HashPort a KDDI. Netstars mezitím spustil Stablecoin Pay pro USDC, USDT a JPYC s poplatkem 0,98 %.
Japanese convenience-store operator Lawson plans to test yen-denominated stablecoin payments at a Tokyo location in August, examining whether stablecoin payments can work inside a standard convenience store checkout flow.
On Monday, blockchain company HashPort said it had signed an agreement with Lawson and telecom group KDDI to conduct the trial at the Lawson Takanawa Gateway City store. Participants will use HashPort's non-custodial wallet, while the store will process payments through the company's point-of-sale system without needing to open or manage crypto wallets.
The pilot aims to explore how stablecoin payments can be integrated into Japan’s existing retail infrastructure while shielding merchants from much of the operational complexity associated with accepting digital assets.
The companies plan to assess integration requirements, checkout operations, payment processing times and wallet usability before considering broader applications.
Netstars launches multi-stablecoin merchant serviceSeparately, Japanese payments company Netstars launched Stablecoin Pay on Monday, opening applications from merchants seeking to accept multiple stablecoins as payment options.
The service initially supports USDC, USDT and the yen-denominated JPYC through the Solana and Polygon networks, with MetaMask as the supported wallet. Netstars set the merchant payment fee at 0.98% and said it plans to add more wallets and blockchains.
With the service, merchants can use existing payment terminals in most cases and handle product pricing, sales records and settlement in yen, even when customers pay with dollar-denominated stablecoins. Netstars said this removes the need to hold crypto or manage exchange rates.
The commercial launch follows Netstars trials involving USDC payments at Tokyo’s Haneda Airport from January to February and at a trading-card store in Himeji from April.
The move from limited pilots to a merchant-facing service comes as Japanese companies build more consumer-facing products around the country’s regulated stablecoin market. On June 1, 2023, Japan introduced a dedicated framework for stablecoins when amendments to the Payment Services Act and related laws took effect.
The rules created regulatory categories for fiat-linked stablecoins and require businesses acting as intermediaries to register with the Financial Services Agency.
The framework was followed by regulatory approval for USDC distribution in March 2025 and by JPYC’s registration as a fund transfer service provider that August, before the stablecoin was launched in October.
Magazine: Has Bitcoin bottomed for this cycle? Analysts say 'not yet'
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Circle získala konečné schválení OCC pro založení národní trust banky Circle National Trust, což posílí federální dohled nad USDC. To může zvýšit důvěru institucí ve stablecoin.
In a significant development for the cryptocurrency sector, Circle has received final approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank, named Circle National Trust. This move positions Circle to bring its USDC stablecoin under federal oversight, potentially enhancing institutional confidence in digital currencies. Meanwhile, Senate Democrats have called for hearings on former President Donald Trump’s substantial cryptocurrency earnings amid national security concerns. Additionally, a new law temporarily bans the Federal Reserve from issuing a central bank digital currency (CBDC), although private stablecoins remain unaffected. Lastly, a bug in Ethereum’s gossipsub protocol, discovered by AI agents, has been patched to prevent validator disruptions.
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Key Takeaways Circle’s approval to open a national trust bank appears to enhance market confidence, possibly impacting Bitcoin demand positively. The temporary ban on a Fed-issued CBDC, while leaving private stablecoins unaffected, suggests a complex regulatory landscape for digital currencies. The Ethereum bug patch indicates proactive measures in the blockchain space to ensure network stability and security. What to Watch Markets will likely monitor the impact of Circle’s new federal status on institutional interest in cryptocurrencies, which could influence Bitcoin’s market dynamics. Attention will also be on regulatory developments, particularly any changes in the stance of U.S. lawmakers towards digital currencies. The resolution of the Ethereum bug demonstrates the importance of ongoing technical vigilance, suggesting that further discoveries or patches could continue to affect sentiment within the crypto space.
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Term Structure
Contract Odds Δ since publish Volume 24h July 13 2026 99.9% — — View market → July 13 2026 99.2% — — View market → July 13 2026 93.2% — — View market → July 13 2026 0.1% — — View market → July 13 2026 0.1% — — View market → July 13 2026 0.1% — — View market → July 13 2026 6.6% — — View market → July 13 2026 0.1% — — View market → July 13 2026 99.9% — — View market → July 13 2026 99.9% — — View market →
PancakeSwap nativně integroval 95 tokenizovaných akcií a dalších aktiv vydaných na Robinhood Chain a zpřístupnil tak decentralizovaným obchodníkům široký výběr akcií přes své rozhraní. Nabídka zahrnuje i ETF a další tradiční cenné papíry.
@PancakeSwap has officially integrated 95 tokenized assets natively issued on the @RobinhoodCrypto Chain, opening up a broad catalog of traditional equities to decentralized traders directly through the PancakeSwap interface. The listed assets span tech giants, semiconductor companies, space exploration firms, quantum computing plays, nuclear energy stocks, and conventional ETFs.
Robinhood Chain: The Infrastructure Behind the Listings The integration builds on Robinhood's broader push into on-chain finance. Robinhood launched the public mainnet of Robinhood Chain on July 1, 2026, an Arbitrum-based Ethereum Layer 2 with 24/7 tokenized stocks that plug into DeFi as collateral. Robinhood Chain is a permissionless, AI-native Layer 2 blockchain built for financial services and real-world assets. Robinhood Chain has adopted Chainlink as its official data and cross-chain oracle infrastructure, with Chainlink's Cross-Chain Interoperability Protocol (CCIP), Data Streams, and Data Feeds live on mainnet from day one, delivering verifiable data for tokenized RWAs and unlocking secure interoperability across the multi-chain ecosystem.
With the new Stock Tokens, eligible individuals can unlock 24/7 trading directly on Robinhood Chain, including deploying tokens into lending pools and utilizing them as trading collateral across the broader DeFi ecosystem. Access runs through Robinhood Wallet in more than 120 countries, though availability varies by jurisdiction.
PancakeSwap's Growing RWA Ambitions The Robinhood Chain integration is consistent with PancakeSwap's broader real-world asset strategy. In April 2026, PancakeSwap added 60-plus new tokenized stocks and ETFs on BNB Chain, bringing the total to over 260 tradeable RWAs. The DEX has been one of the more active venues for tokenized equities in the DeFi space, having crossed $50 million in cumulative tokenized asset trading volume as of May 2026, growth triggered by a partnership with Ondo Finance in late October 2025 that brought tokenized US stocks and ETFs to the $BNB Chain ecosystem.
The broader market backdrop supports the push. The RWA tokenization market grew by 30 to 38 percent in a single quarter, from approximately $21 billion to nearly $29 billion excluding stablecoins during Q1 2026. By connecting on-chain liquidity to sectors that have historically been inaccessible through decentralized venues, the PancakeSwap and Robinhood Chain integration represents another step in the convergence of traditional finance and DeFi. For DeFi participants, the expansion of tokenized assets creates new yield and trading strategies, with liquidity providers now able to earn fees from pools that track real-world equities, blending traditional market exposure with DeFi mechanics.
Sources:
Robinhood: Robinhood Chain Mainnet and Stock Tokens Launch
Forbes: Robinhood Launches Its Own Blockchain
CryptoNews: PancakeSwap Hits $50M in Tokenized Assets Trading
Progmat přesunul všechny spravované projekty security tokenů na Avalanche a zpřístupnil více než 452 miliard ¥ v podkladových aktivech a vydaných cenných papírech jako EVM-kompatibilní.
Progmat has completed the migration of its security-token platform from Corda 5 to a dedicated Avalanche Layer 1.
Summary
Progmat migrated every managed security-token project to Avalanche while preserving existing functions and institutional controls. Rights transfers run three to five times faster, according to Progmat’s internal tests and estimates. Crypto.news coverage shows Avalanche’s tokenized asset market expanding across funds, stocks, treasuries, and credit products. The company said every active project on the platform moved to the new network. Those projects represent more than ¥452 billion in underlying assets and issued securities. The migration makes the platform’s security tokens compatible with the Ethereum Virtual Machine, or EVM. Progmat describes itself as Japan’s leading security-token platform by domestic market share.
The company carried out the work under Project Keystone. Progmat redesigned the system so its business functions no longer depend on one blockchain. It added a mediator layer between applications and the ledger. The structure allows the platform to connect with other chains later while keeping its existing issuance, ownership and transfer processes. A dedicated Avalanche L1 can also use rules tailored to regulated financial products.
Progmat, Japan's largest STO platform, is now live on @avax
"All ST projects (over 452 billion yen) are now EVM-compatible, achieving both financial institution-level requirements and the utilization of public chains.
Rights transfers are accelerated 3-5 times faster than… https://t.co/xeMVc8EM8e
— Justin Kim (@justinkim415) July 13, 2026 Rights transfers become faster Progmat said the new setup processes rights transfers three to five times faster than the earlier system. Avalanche transactions reach finality in less than two seconds, according to the company.
“Rights transfers are accelerated three to five times faster,” Progmat said.
The speed figure comes from Progmat’s internal testing and has not been independently verified. Finality records a completed network transaction, but it does not cover every banking or administrative step around a trade.
The company also moved its smart contracts from Java-based Corda code to Solidity-based EVM contracts. Progmat said it kept current functions and service requirements during the switch. It also said the migration caused minimal disruption for issuers. Existing users did not need to rebuild their products. EVM support gives developers access to Ethereum-based tools, but it does not make regulated securities freely available to public wallets.
AvaCloud supports institutional controls AvaCloud supplies the dedicated Avalanche network and operating services. Progmat said the setup meets SOC 1 and SOC 2 Type II assurance standards. Progmat and Ava Labs also created a response system for outages during nights and holidays.
The firms aim to meet the control and availability standards used by regulated financial companies. The network remains application-specific rather than operating as an unrestricted retail trading venue.
AvaCloud chief executive Nick Mussallem called the transfer of more than ¥452 billion in regulated securities a test for institutional infrastructure. However, that assessment came from a company involved in the migration.
Progmat has not released public transaction data showing how the new network performs during peak demand or across a large investor base. The company also has not announced new trading volumes tied directly to the change.
Progmat prepares for cross-chain settlement The migration gives Progmat a base for planned links between security tokens, stablecoins and tokenized bank deposits. Datachain said in February that the partners plan cross-chain services for delivery-versus-payment and payment-versus-payment transactions.
These systems would exchange assets and payments across different networks in one coordinated process. Progmat said its revised design can support more than one chain when asset features or investor needs differ.
Elsrwhere, BlackRock’s BUIDL fund reached about $900 million on the network, while Avalanche’s distributed real-world assets stood near $2.10 billion.
As crypto.news reported, Progmat will support a Metaplanet and JPYC study into Bitcoin-backed digital credit. That project remains under review, with no issued product or fixed terms. Securitize also placed its listed shares on Avalanche and Solana in July.
SBI Holdings a Solana Foundation uzavřely strategické partnerství na vývoji on-chain finančního trhu v Japonsku. Solana Foundation získá podíl v SBI R3 Japan, která se má přejmenovat na SBI Solana Global Co., Ltd.
SBI and Solana Foundation Join Forces on On-Chain FinanceJapanese financial conglomerate SBI Holdings has announced a strategic partnership with the Solana Foundation to jointly develop an on-chain financial market in Japan. The collaboration will see the Solana Foundation join SBI R3 Japan, working alongside existing shareholders SBI Holdings and Sumitomo Mitsui Financial Group (SMFG) to pursue a new growth strategy.
As part of the agreement, the Solana Foundation will acquire a stake in SBI R3 Japan, and the company plans to change its name to SBI Solana Global Co., Ltd.
SBI highlighted the rapid global expansion of stablecoins and real-world asset (RWA) tokenization, describing on-chain finance as the next generation of financial infrastructure, where the issuance, distribution, and settlement of financial assets all occur on the blockchain. The firm cited Solana's appeal directly: "Solana is regarded as one of the core infrastructures for on-chain finance, based on its high processing performance, low costs, and global ecosystem," adding that its goal is "to connect Japan's financial assets and institutional foundation with Solana's global network."
Scope of the Deal: Stablecoins, RWAs, and Cross-Border PaymentsThe partnership combines SBI's experience in operating permissioned networks through its R3 Corda platform with Solana's high-performance blockchain technology, with the main objective being to accelerate blockchain adoption among traditional financial institutions and facilitate the onboarding of tokenized real assets.
Specific focus areas include yen-backed stablecoins, the tokenization of bonds, funds, and real estate as real-world assets, cross-border payment infrastructure, and on-chain financial services for institutional investors. The two parties aim to expand products developed in Japan first across Asia, and then into global markets.
The announcement is the latest in a series of moves by SBI to deepen its presence in the digital asset space. SBI Holdings' subsidiary B2C2, a core market maker for firms including Robinhood, recently designated Solana as its primary network for routing and settling large-scale stablecoin transactions for institutional clients. SBI Holdings took a majority ownership position in B2C2 in 2020.
The deal also reflects Japan's broader push to position itself as a hub for on-chain finance in Asia, with government support playing a role. Japanese Prime Minister Sanae Takaichi has announced a policy to expand funding from the government and financial institutions for startups, including those in the Web3 sector, introducing a Total Support Package for Startups established in May 2025 at the WebX 2026 conference.
Sources:
CoinNess: SBI Holdings and Solana Foundation Strategic Partnership
The Block: SBI Holdings' B2C2 Designates Solana as Primary Stablecoin Network
OKX 14. července od 14:30 UTC+8 dočasně pozastaví vklady a výběry USDC na síti Solana kvůli plánované údržbě peněženek. Obchodování zůstane beze změny.
OKX will temporarily suspend USDC deposits and withdrawals on the Solana network on July 14 while it completes scheduled wallet maintenance.
Summary
OKX will pause Solana USDC deposits and withdrawals while keeping related trading services fully operational. The suspension begins July 14 at 14:30 UTC+8 and resumes after maintenance without separate announcement. Solana remains a major USDC settlement network despite this short exchange-level maintenance window for users. The pause will begin at 14:30 UTC+8, equal to 06:30 UTC and 09:30 East Africa Time. OKX published the notice on July 13 and did not provide a fixed completion time. The exchange said it will restore the two services after the work ends.
The change applies only to deposits and withdrawals of USDC through Solana. OKX said users who already hold the token in their accounts do not need to take action. Trading for related assets will continue during the maintenance period. Other supported USDC networks were not included in the notice, so the announcement does not describe a platform-wide USDC suspension.
— OKX中文 (@okxchinese) July 13, 2026 OKX also advised traders to consider risks in margin and derivatives markets and add margin early where needed. That guidance matters for users who move USDC through Solana to fund positions. The notice does not promise that deposit networks will remain available in every region, so customers should rely on the options shown in their accounts.
Users should avoid transfers during the pause OKX asked customers not to send or withdraw Solana-based USDC after the maintenance window opens. The exchange warned that transfers made during the pause could create a risk of lost funds. Users should check the selected network before confirming any transaction, because USDC exists on several blockchains and each network uses a different deposit route.
Users should allow time for blockchain confirmations before the cutoff, since a transfer initiated earlier may arrive after the suspension begins.
The company described the work only as “wallet maintenance.” It did not report a hack, a Solana network outage, or a problem with USDC. OKX also said “trading will not be affected,” although that statement covers exchange trading rather than external transfers. The exchange did not explain whether pending transactions submitted before the cutoff could face delays.
Solana remains a major USDC settlement network USDC on Solana is a native version of Circle’s dollar-backed stablecoin rather than a wrapped token issued by another bridge provider. Circle lists Solana among the networks where it directly issues USDC. Its cross-chain tools can also burn native USDC on one supported network and mint the same amount on another, without using wrapped copies or outside liquidity pools.
As crypto.news reported earlier in 2026, Circle minted more than $10.5 billion in USDC on Solana within roughly one month. The same coverage cited about $650 billion in Solana stablecoin settlement volume during February. Those figures show the network’s large role in dollar-denominated transfers, but they do not indicate that OKX’s maintenance pause resulted from higher usage.
Exchange notice does not signal a Solana shutdown Solana has also attracted more payment and financial infrastructure. As previously reported, the Solana Foundation launched an institutional developer platform with Mastercard, Western Union and Worldpay as early users. The tools cover stablecoin issuance, payments and trading services. That expansion increases the need for exchanges and custodians to maintain reliable wallet systems as transaction routes grow.
The OKX notice remains an exchange-level service update, not a suspension of USDC on the Solana blockchain. Users can still trade supported assets inside OKX, but they should avoid Solana USDC deposits and withdrawals until the exchange restores access.
OKX said it may resume the services without another announcement, making the platform’s deposit page and status tools the main places to check before sending funds.
Sanctum (@sanctumso), a Solana-native liquid staking protocol, has demonstrated notable resilience amid the ongoing bear market by achieving a 10% increase in its Total Value Locked (TVL) over the past month. This growth, reported by @SolanaFloor, positions Sanctum as the strongest performer among Solana’s top five protocols in terms of TVL. The protocol now ranks second on Solana by TVL, contributing over 20% of the chain’s total decentralized finance (DeFi) TVL. This development appears to reflect strong capital retention and increased demand for liquid staking tokens (LSTs) within Solana’s DeFi ecosystem.
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Key Takeaways Sanctum’s TVL growth appears consistent with increased demand for LST liquidity, despite broader market challenges. The protocol’s performance suggests a potential positive sentiment shift for Solana within the DeFi sector. The 10% TVL increase could indicate a favorable outlook for Solana’s ecosystem resilience and growth prospects. What to Watch Market participants may observe whether Sanctum’s growth influences broader confidence in Solana’s DeFi landscape. Key indicators to monitor include potential upgrades or innovations within Solana, such as the Alpenglow upgrade, and macroeconomic factors like ETF inflows and interest rate changes. Additionally, closely following Solana’s price movements and any regulatory developments could provide further context to Sanctum’s impact on the market.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 18.5% — — View market → August 1 2026 0.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 1.5% — — View market → August 1 2026 0.9% — — View market → August 1 2026 0.8% — — View market → August 1 2026 4.5% — — View market → August 1 2026 0.7% — — View market → August 1 2026 11.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 1.6% — — View market → August 1 2026 0.1% — — View market → August 1 2026 46.5% — — View market →
WOO X a Payward Services, firma stojící za Krakenem, podepsaly MOU o spuštění spotového obchodování pro evropské uživatele WOO X. Služba má běžet na regulované evropské infrastruktuře Payward.
WOO X Signs Memorandum of Understanding (MOU) with Payward Services
TAIPEI, TAIWAN – 11 JULY, 2026 – WOO X, a leading global centralized digital asset exchange, and Payward Services, the B2B infrastructure platform from Payward, the company behind global crypto platform Kraken, have signed a Memorandum of Understanding (MOU) with the intent to bring crypto trading to WOO X's European users through Payward Services’ trading-as-a-service offering.
Under the agreement, the companies intend to enable spot crypto trading for WOO X’s EU users powered by Payward's regulated European infrastructure and licensing. WOO X would join a growing roster of financial institutions using Payward Services’ trading-as-a-service offering, including bunq, one of Europe's leading neobanks.
"We're excited to bring WOO X the power of fifteen years of Payward's regulated infrastructure, creating an easy path to meet customer demand with an expanded trading offering and the right licenses to unlock crypto trading across the EU. When partners work with Payward Services, they can launch crypto trading in a few weeks without building complex in-house infrastructure," said Mark Greenberg, Global Head of Payward Services.The MOU serves as a foundational framework for future cooperation. Both entities will share further details and operational updates as specific initiatives are finalized.
About WOO X
WOO X is a leading global centralized digital asset exchange built by traders, for traders. Engineered by a premier team of quantitative traders, engineers, and technologists originating from top-tier Web2 and Web3 projects, WOO X delivers a elite trading environment tailored for both retail and institutional investors. The platform is globally recognized for its superior trade execution, offering deep aggregated liquidity, ultra-tight spreads, and zero-slippage execution.Prioritizing user trust and platform integrity, WOO X features an industry-first, live-updating Proof of Reserves and Liabilities transparency dashboard. The exchange offers advanced trading architecture, fully customizable workspaces, and professional-grade infrastructure that supports flexible, professional withdrawal standards alongside top-tier asset custody solutions. Driven by a corporate culture of compliance, technical excellence, and relentless innovation, WOO X continues to pioneer transparent, high-performance trading environments for the global digital asset ecosystem.
For more information, visit https://www.wooxpro.com/; https://woox.io/
Risk Disclaimer
The content above is for general informational purposes only and does not constitute investment advice, a recommendation, solicitation, or offer to buy or sell any product or service.Cryptocurrencies and related instruments involve significant risks, including extreme volatility. You should carefully consider your investment objectives, experience, and risk tolerance before engaging in any crypto-related activities. We strongly recommend consulting a qualified independent financial advisor before making any decisions.WOO shall not be liable for any direct or indirect loss or damage arising from the use of or reliance on this information.Nothing in this article creates or implies any partnership, joint venture, agency, or other legal relationship between WOO and its collaborators. Each party remains fully independent and responsible for its own actions and risks. This content does not guarantee any business outcomes, success, or profitability.
Binance pozastaví vklady a výběry na síti Moonbeam (GLMR) kvůli upgradu sítě, obchodování zůstane beze změny. Po stabilizaci sítě budou vklady a výběry obnoveny.
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Starting at approximately 2026-07-13 12:00 (UTC), Binance will suspend the deposits and withdrawals of token(s) on the Moonbeam (GLMR) network to support its network upgrade to ensure the best user experience. The network upgrade will take place at the block height of 16,427,124, or approximately at 2026-07-13 13:00 (UTC). Please note: The trading of token(s) on the aforementioned network will not be impacted.Binance will handle all technical requirements involved for all users.Deposits and withdrawals for token(s) on the aforementioned network will be reopened once the upgraded network is deemed to be stable. No further announcement will be posted.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. For more information, please refer to the announcement from the project team. Thank you for your support! Binance Team 2026-07-13
Americké spotové Bitcoin ETF zaznamenaly za týden čistý příliv 197,4 mil. USD a ukončily osm týdnů trvající sérii odlivů. Nejvíc přidal BlackRock iShares Bitcoin Trust ETF s přílivem 291,9 mil. USD.
US-listed spot Bitcoin exchange-traded funds recorded a net inflow of $197.4 million in the week ended Friday, snapping an eight-week streak of weekly outflows dating back to May.
Data from Farside Investors shows that most of the week’s gains came from the BlackRock iShares Bitcoin Trust ETF, which recorded $291.9 million in inflows. This was offset by outflows from the Grayscale Bitcoin Trust ETF, the Fidelity Wise Origin Bitcoin Fund and the ARK 21 Shares Bitcoin ETF.
The end of the outflow streak could suggest institutional demand for Bitcoin is recovering after two months of sustained selling pressure. However, analysts say it’s too early to tell.
“While one week of inflows doesn’t define a trend, it comes at a time when institutional confidence is growing around the potential passage of the CLARITY Act in the US in August next month,” Monochrome Asset Management founder and CEO Jeff Yew told Cointelegraph.
“This could be an early indication that institutions are beginning to position ahead of greater regulatory certainty, which is often what long-term capital allocators look for.”Meanwhile, 10x Research founder and CEO Markus Thielen said ETF and stablecoin outflows and seasonality in August and September remain headwinds.
“There's also been a pattern over the past few months where Bitcoin performs better in the first half of the month, then consolidates in the latter half. Without flows still pronounced and ETF flows yet to meaningfully pick up, even after Bitcoin's 9%+ jump, the headwinds remain in our view.”
The $197.4 million weekly inflow was modest compared with the $8.26 billion investors withdrew since May 11.
Total spot Bitcoin ETF net inflow. Source: SoSoValue
Last week, Real Vision chief crypto analyst Jamie Coutts told Cointelegraph that Bitcoin could be entering the latter stages of the bear market, based on early technical signs suggesting that selling pressure is easing.
“I think we're getting through most of the bear market action. It's still not over, clearly. But you know, I think we're approaching at least the second half,” Coutts said.
Other analysts say there could be further downsides ahead.
Russell Thompson, chief investment officer at asset manager Hilbert Capital told Cointelegraph last week that he believes Bitcoin remains in a downcycle and could hit a low around October this year.
Ether ETFs also break outflow streakMeanwhile, US-listed spot Ether ETFs also broke their eight-week losing streak, with $84.42 million in net inflows for the week ended Friday, led by BlackRock and Fidelity’s Ether funds.
The inflows paled in comparison with the $1.2 billion in net outflows since May 11.
Magazine: Has Bitcoin bottomed for this cycle? Analysts say 'not yet'
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Allium Labs našla neobvyklé obchodování se ZEC před odhalením chyby v Orchard, což vyvolalo podezření na obchodování na základě neveřejných informací. Největší short za 34,5 milionu USD vydělal asi 998 000 USD.
Developers recently revealed that a four-year-long vulnerability in Orchard may have enabled unlimited counterfeit Zcash [ZEC] until an emergency patch was issued. However, fresh market data has raised further questions regarding events before the discovery.
Allium Labs, after reviewing trade history, identified unusual trading activity. On the 26th of May, ZEC’s trading volume surged 12–13 times above its average. Researchers privately uncovered the defect three days later, on the 29th of May.
Source: Allium Research While researchers were identifying the defect, ZEC declined from approximately $660 down to $530, indicating increasing selling pressure. The developers disabled Orchard on the 2nd of June and issued a patch on the 3rd of June, yet confidence continued fading.
By the 5th of June, ZEC had fallen by 64 percent from $685 to $247 with hourly trading at $560 million.
Early positioning fuels market suspicion The uncertainty in the aftermath of this issue also led to further review of which parties were actively trading in the market ahead of the issue becoming apparent. Allium found that traders opened the most profitable positions on the 25th and 26th of May.
This occurred days before the private discovery of the Orchard flaw. More importantly, traders opened these large positions before researchers privately disclosed the flaw on the 29th of May. Notably, the largest wallet had a short position worth $34.5 million and, as a result, made approximately $998,000 in profits.
Source: Allium Research A second short position worth $17.7 million accrued profits of approximately $724,000. These high profits raised questions about whether traders anticipated the sell‑off.
However, the data does not provide sufficient evidence to prove such claims. In futures markets, all shorts are offset by an equal number of longs. Therefore, simply showing profitable positions is insufficient to establish that those positions existed due to prior knowledge.
That balance became evident when the largest $91.5 million long position ultimately lost $6.97 million. Meanwhile, Zcash’s privacy model prevents anyone from verifying whether the flaw was ever exploited. This left markets to price on probabilities instead of certainty and kept confidence fragile despite the completed patch.
Final Summary Allium Labs flagged unusual ZEC trading before the Orchard flaw discovery, fueling suspicion of informed positioning. Profitable shorts raised questions, but lack of evidence and Zcash privacy kept confidence fragile.
Aave Labs spustila Stable Vaults, které firmám umožňují integrovat fixní výnosy ze stablecoinů bez vlastní infrastruktury. Řešení převádí kolísavé on-chain sazby na stabilní sazby a podporuje i více řetězců.
Aave Labs has rolled out Stable Vaults, a platform that enables organizations to easily incorporate fixed-rate stablecoin returns into their offerings. These smart contract vaults, which currently support the Aave mobile savings application, are now open for any business to integrate and customize. This launch marks an important advancement in bridging decentralized finance with everyday financial products.
In the past, adding DeFi yields to consumer applications required handling unpredictable interest rates, liquidity spread across various blockchains, and complex infrastructure layers connecting on-chain strategies to end users.
Drawing on years of experience tackling these issues, Aave Labs developed Stable Vaults as a streamlined answer.
The system converts fluctuating lending rates from on-chain markets into consistent fixed rates that companies can confidently advertise.
It also simplifies critical processes such as portfolio adjustments, operations spanning multiple chains, and accurate payout calculations for customers.
As a result, any enterprise can now tap into Aave-powered yields or alternative ERC-4626 compliant strategies without constructing the entire yield management system internally.
Stable Vaults function as a complete backend solution for generating on-chain stablecoin income.
Businesses retain authority over the stablecoins they accept, the yield approaches they deploy, and the specific fixed rates provided to individual users.
For instance, neobanks can embed reliable savings features powered by Aave markets directly within their applications.
Payment service providers might allow merchants to generate returns on funds sitting idle between transfers using dedicated vaults.
Wallet operators and trading platforms can introduce effortless one-click earning options supported by products like Savings GHO, bypassing the need to manage underlying infrastructure.
Similarly, fintech companies launching their own stablecoins can register them as viable assets to build enclosed earning loops for their user base through tailored ERC-4626 vaults.
Operators gain additional tools to enhance user incentives, such as granting higher returns to loyal or premium customers and launching short-term rate promotions.
Returns exceeding these commitments flow back to the business as additional revenue.
Since the deploying entity selects the assets and strategies, each implementation can be fine-tuned to align with unique product needs, local regulations, or preferred risk levels.
The technology addresses several longstanding technical obstacles at once, from managing rate variability and cross-chain liquidity fragmentation to smoothing interactions between advanced protocols and regular users.
For customers, the integrated experience proves highly convenient as deposits immediately begin generating income upon arrival.
Individuals can move funds in or out across any networks supported by the operator and using whichever approved stablecoins are available.
Integration with services like Chainlink Price Feeds ensures dependable valuation data, while Chainlink CCIP facilitates secure transfers between chains.
The Aave App itself employs both in its operational setup, underscoring the platform’s reliability.
Positioned as a mature, live system already active in the Aave ecosystem, Stable Vaults stand ready for wider industry use.
Interested parties can consult various guides, review the publicly available code, or contact the Aave Labs team for support and further discussion. This introduction lowers the hurdles for traditional finance entities to offer competitive yields, allowing them to prioritize customer engagement and innovation while relying on proven decentralized mechanisms for consistent performance in the digital economy.
TLDR: Uniswap daily fees reached about $5.2 million in 24 hours, placing the decentralized exchange near the top of current crypto fee rankings. Robinhood Chain supplied roughly $4.38 million of the total, far exceeding Ethereum and Base during the same measured period. Only about $73,454 counted as 24-hour protocol earnings, as most swap fees still flowed to liquidity providers rather than UNI holders. Governance proposals could extend protocol fees and the UNI token burn system to v4 pools and Robinhood Chain after community approval. Uniswap daily fees reached about $5.2 million in 24 hours, placing the DEX near the top of crypto fee rankings. Founder Hayden Adams highlighted the figure on X, saying only USDC and USDT generated more fees. DefiLlama recorded $5.16 million during the same period, supporting his estimate.
Robinhood Chain supplied most of that total after launching on July 1. The sharp increase shows how quickly new networks can redirect trading activity. UNI traded near $3.62, up about 35% from its early-July low near $2.70. Yet the token still sits roughly 92% below its 2021 peak.
Uniswap Daily Fees Surge as Robinhood Chain Takes Lead Robinhood Chain contributed about $4.38 million of the reported Uniswap daily fees. Ethereum produced roughly $296,000, while Base added about $288,000. That distribution marks a sudden shift from Uniswap’s traditional Ethereum-led activity.
The Arbitrum Orbit network launched with Uniswap v2, v3, v4, and UniswapX available from day one. Cumulative swap volume crossed $1 billion by July 10, according to a Uniswap governance post. The chain also recorded a 24-hour Uniswap volume peak near $500 million during its first week.
Across seven days, Robinhood Chain generated $10.98 million of Uniswap’s $20.1 million in total fees. That share made the new network Uniswap’s largest short-term fee source. It also placed Robinhood Chain above Ethereum and Base during the measured period. The fee spike shows how concentrated short-term trading activity can become.
Uniswap daily fees reflect charges paid through swaps, but they do not equal protocol income. DefiLlama listed only $73,454 in 24-hour earnings for Uniswap. Most trading fees still flow to liquidity providers instead of the treasury or UNI holders.
The distinction matters when comparing Uniswap with stablecoin issuers or centralized exchanges. Annualizing one strong day would imply almost $1.9 billion in fees. Still, that calculation does not show how much value the protocol retains.
UNI Burn Vote Tests the Value of Rising Protocol Activity Uniswap governance is now considering a wider protocol fee rollout. One proposal would activate fees across v4 pools on several supported networks. Another would extend fee collection and UNI burns to Robinhood Chain.
The Robinhood Chain temperature check runs from July 10 through July 15. It covers v2, v3, and v4 deployments on the network. On-chain votes would follow if the Snapshot proposals pass.
Under the UNIfication system, collected protocol fees move into TokenJar contracts. Searchers can claim those assets after supplying UNI of equivalent value for burning. The process permanently removes the submitted UNI from circulation.
Higher Uniswap daily fees could expand the amount available for this mechanism. Yet liquidity providers may receive slightly lower returns when protocol fees activate. That trade-off could influence where they place capital across competing pools.
Uniswap v4 adds programmable hooks that let developers customize pool logic. These tools support dynamic fees, specialized liquidity rules, and other trading features. Wider v4 adoption could increase activity across more chains.
Circle has minted an additional $250 million of USDC on the Solana blockchain, according to a report by @martypartymusic. This issuance is part of a broader trend in 2026, where USDC minting on Solana has reached approximately $64.25 billion to $64.78 billion. The increased issuance suggests sustained demand for dollar liquidity on Solana, reinforcing its competitive position as a key settlement layer for stablecoin transactions and decentralized finance (DeFi) activities. Market participants appear to interpret this development as supportive of Solana’s price prospects, with the additional liquidity potentially influencing Solana’s ability to reach higher price targets in July.
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Key Takeaways The $250 million USDC issuance on Solana appears to suggest continued demand for stablecoin liquidity in the network. Markets seem to view the increased liquidity as consistent with a positive outlook for Solana’s price, possibly affecting its potential to reach $90 in July. The cumulative USDC issuance on Solana for 2026 highlights its growing role in stablecoin and DeFi ecosystems. What to Watch Observers are monitoring the impact of increased USDC liquidity on Solana’s price trajectory, particularly in relation to its potential to reach the $90 mark in July. Key indicators include market responses to liquidity changes and any significant price movements. Additionally, developments in the broader crypto market and macroeconomic factors could influence Solana’s price dynamics, affecting the likelihood of reaching set targets.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 20% — — View market → August 1 2026 0.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 2.4% — — View market → August 1 2026 0.9% — — View market → August 1 2026 0.8% — — View market → August 1 2026 4% — — View market → August 1 2026 0.8% — — View market → August 1 2026 13% — — View market → August 1 2026 0.1% — — View market → August 1 2026 1.8% — — View market → August 1 2026 0.1% — — View market → August 1 2026 48% — — View market →
Stacks navrhuje PoX-5, který by držitelům bitcoinu umožnil výnos bez přesunu BTC z hlavní sítě. 15 % přebytečných příjmů má jít do rezervního fondu protokolu.
Stacks, the Bitcoin Layer 2 network, is proposing a significant upgrade to its consensus mechanism that would let Bitcoin holders earn yield on their BTC without ever moving it off the main chain. The kicker: 15% of all excess revenue gets funneled into a reserve fund designed to keep the whole system solvent even during lean times.
The upgrade, dubbed PoX-5 (Proof-of-Transfer version 5), introduces a waterfall distribution model. Protocol bond holders sit at the top of the payment queue, with an initial target yield of roughly 3% APY. These bonds require a six-month lockup period. Only after those obligations are met does the remaining revenue flow downhill.
Whatever is left after paying bond holders, the excess miner revenue, gets split two ways. STX-only stakers receive 85% of the surplus. The protocol reserve fund absorbs the remaining 15%.
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To participate, Bitcoin holders lock their BTC on the Bitcoin Layer 1 network using a timelock mechanism and pair it with STX, the native token of the Stacks network. No bridging required. No custodial transfers.
Building a 1.2-year safety buffer The 15% reserve allocation isn’t arbitrary. Simulations run across 210 two-week cycles, roughly eight years of modeled data, project that the reserve fund would accumulate enough to cover 1.2 years of yield commitments.
The system also includes capacity constraints and real-time coverage ratio monitoring. There’s no slashing mechanism for participants, meaning stakers don’t risk losing their principal if something goes sideways with the network.
The whitepaper laying all of this out was published on May 13, 2026. Since then, the Stacks community has been reviewing the associated SIP (Stacks Improvement Proposal) documents related to the bootstrap phase. No formal votes or launches have been finalized yet.
Stacks’ track record with Proof-of-Transfer The original PoX mechanism has been operational since January 2021, and over that period, the protocol has distributed more than 4,200 BTC to participants under prior consensus versions. PoX-5 is an evolution of that infrastructure, adding structured yield products and reserve mechanics on top of existing plumbing.
The upgrade also serves a dual purpose beyond yield generation. By requiring participants to pair BTC with STX, it creates organic demand for the Stacks native token. More staking activity means more STX gets locked up, which theoretically supports the token’s value while simultaneously enhancing network security through increased participation.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
StanChart varuje, že nejasná komunikace společnosti Strategy ohledně využití BTC na podporu STRC může Bitcoin krátkodobě tlumit. Firma už prodala BTC za 216 milionů USD a drží 843 775 BTC.
Strategy founder and chairman Michael Saylor again took to social media on Sunday to offer his latest signal to investors as one analyst sees Saylor’s messaging as needing more clarity to help Bitcoin regain its momentum.
“Orange dots tell only part of the story,” was Saylor’s message on Sunday in a post that accompanied a chart from Saylortracker.com, similar to previous social media messages that have preceded news of Strategy's Bitcoin (BTC) purchases, typically announced the day after his posts.
In recent weeks, the largest digital asset treasury company and a major BTC holder, has moved away from its long-time “never sell Bitcoin” approach to a willingness to sell the biggest crypto as needed to fund dividends for holders of its STRC preferred stock and to replenish its cash reserves. Earlier this month, Strategy sold $216 million worth of Bitcoin, reducing its total holdings to 843,775 tokens, according to a July 6 filing with the US Securities and Exchange Commission.
“Orange dots tell only part of the story.” Source: Michael Saylor
Days earlier, Strategy unveiled a capital framework allowing Bitcoin sales to fund dividends, increased the annual dividend rate on its STRC preferred stock to 12%, and disclosed that its US dollar reserve had grown to $2.55 billion.
Standard Charter’s global head of digital assets research, Geoff Kendrick, believes recent Strategy’s actions — and Saylor's manner of communicating them — “are muddying the waters for BTC near-term.”
“We think effective communication of MSTR’s new strategy (using BTC to back STRC) is key to reassuring markets that wholesale selling is unlikely; this should in turn support BTC prices,” Kendrick wrote in a note to clients on Friday. “Indeed, if this signalling proves effective, it should remove the need for MSTR to actually sell any BTC by supporting STRC’s price,” he said.
StanChart sees inconsistencies in “never sell” approachKendrick said that Strategy’s long-held “never sell” approach limited what the company could with its industry-biggest digital asset treasury.
“The problem with the ‘never sell’ approach is that it limits what MSTR’s BTC holdings can do — or, perhaps more importantly, what they are perceived to be doing,” the StanChart analyst said. “MSTR has started to shift its communication strategy on this in recent months. It has sold BTC twice and recently announced a BTC monetization program.”
Source: Standard Chartered Bank
Still, he sees Strategy’s “market signaling” will improve soon. He expects that to bring clarity to the outlook for Bitcoin, on which StanChart maintains its $100,000 year-end forecast.
Shares struggle from year low ahead of earnings reportInvestors who bought into the Strategy narrative have not had an easy time in the past 12 months. The STRC preferred shares were formulated to hold a price of $100 apiece. Shareholders saw that par value fall to the wayside last month, to the lowest value since the preferred stock was introduced a year ago.
The common shares, trading under the MSTR ticker, have lost more than 70% of their value since July 2025, closing at $94.64 per share on Friday, down from a 52-week high of $457.22.
The company is slated to report second-quarter earnings on July 30, with analysts consensus of $4.28 per share, according to Yahoo Finance data. Earnings have fallen short of analyst forecasts in six of the last eight quarters, according to Fintel.io data, including a 33.76% negative surprise in the first quarter of 2026.
Magazine: Will the crypto lobby's $189M campaign get CLARITY over the line?
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Spotové XRP ETF zaznamenaly za uplynulý týden první červený týden po více než dvou měsících, když z fondů odešlo 7,29 milionu USD. XRP za týden kleslo o 3,2 %.
The XRP products continue to operate differently than those tracking BTC and ETH.
For weeks and weeks, the spot Ripple ETFs, alongside HYPE and sometimes SOL, dominated all cryptocurrency-related exchange-traded funds, while the market leaders suffered.
However, this trend has finally changed as the financial vehicles tracking the performance of the cross-border token turned red in the past week for the first time in over two months.
Streak Broken Although the actual numbers were not as impressive as they were back in October, November, and December last year when the XRP ETFs launched, they were still in the green for nine consecutive weeks. Moreover, the only week that broke that streak saw a minor $35.21K (not millions) in net outflows, so it doesn’t really count. Within this timeframe, the total net inflows rose from under $1.29 billion to a new all-time high of $1.49 billion as of July 2.
However, the tides finally turned in the past five business days. Interestingly, though, only one day was in the red, with $7.29 million leaving the funds on July 8. A minor $107.38K entered the funds on Friday, while the other three trading days saw no reportable action, according to SoSoValue data.
Spot XRP ETF Inflows. Source: SoSoValue This is rather concerning as XRP has seen similar net inflow-free days in the past, but that wasn’t the case in the last few months. Now, though, investors appear to have turned their attention away from Ripple’s token and back to the market leaders. As reported yesterday, both the Bitcoin and Ethereum ETFs recorded their first green week in two months, with net inflows of almost $200 million and $84 million, respectively.
XRP Price Stalls Despite the major net inflows for nine weeks, Ripple’s native coin failed to capitalize and record any substantial gains in that time. However, the net ouflows in the past week seem to have harmed it, as current data from CoinGecko shows a 3.2% decline over the past week.
XRP challenged the $1.15 resistance earlier this week, but it was halted there, and the subsequent rejection pushed it south to under $1.10. Although it has rebounded to that level now, the uncertainty continues as many analysts expect a major move ahead.
You may also like: XRP Stalls at $1.10: Could Quiet On-Chain Activity Be the Calm Before a Bigger Move? XRP’s On-Chain Data Flashes Warning While Sellers Continue to Dominate Japanese Firms Are Boosting BTC and XRP Holdings – SBI VC Trade Reveals Why The direction, as usual, is unknown, but the overall belief within the crypto community is that XRP has reached a decision point and it could either head below $1.00 soon or rocket toward new local peaks.
Thajsko chce v rámci nové razie prověřovat transakce v USDT společně s regulátory cenných papírů. Zároveň zvažuje, že u hotovostních vkladů od 5 milionů bahtů bude nutné doložit původ peněz.
Thailand’s central bank is considering measures requiring anyone depositing 5 million baht ($150,000) or more in cash to prove the origin of the funds.
This is part of a fourth-quarter push that also puts Tether (USDT) transactions under a joint audit with securities regulators.
Why Thailand Is Watching USDTBank of Thailand (BOT) Governor Vitai Ratanakorn framed the measures as a strike against the country’s grey economy. The push, reported by Thansettakij, extends the central bank’s grey-money campaign to digital assets.
Vitai said in January that roughly 40% of USDT sellers on local platforms were foreigners. He argued they should not be operating in Thailand.
The BOT is now working with the Securities and Exchange Commission (SEC) to review unusually high-volume USDT trading. Authorities have identified transactions that may indicate disclosure avoidance or the movement of funds outside standard financial channels.
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Cash and Bullion Rules TightenThe deposit rule complements checks already applied to large withdrawals. Since April, cash withdrawals above 5 million baht have faced enhanced due diligence. The value of large cash withdrawals has since fallen 35%.
The BOT is reviewing the legal framework before issuing the deposit requirements.
“In addition, it is considering measures for high-value banknote exchanges — such as bringing in large quantities of 1,000-baht notes to exchange for 100- or 500-baht notes — which may require an explanation of the reason for the transaction,” the report read.
In addition, the BOT has tightened oversight of gold trading to limit its impact on the baht and detect suspicious activity.
“The measures we are implementing are not short-term fixes; they require the continuous deployment of multiple parallel strategies,” Governor Vitai said.
The coming quarter will test how far the BOT can extend its reach.
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Trh se stablecoiny od květnového maxima ztratil asi 10 miliard USD; v červnu klesl o 7,7 miliardy USD na zhruba 312,23 miliardy USD, nejvíc od kolapsu TerraUSD.
The stablecoin market has lost about $10 billion since reaching a record high in May 2026. Total supply fell by $7.7 billion during June to about $312 billion, marking the largest monthly decline in dollar terms since the TerraUSD collapse in May 2022. The decrease equaled roughly 2.4% for June and about 3% from the May peak.
Summary
Stablecoin supply lost $10 billion since May as USDT and USDC redemptions reduced crypto liquidity. June recorded the largest monthly dollar decline since Terra, but the market contracted only 3%. Transaction volumes remained strong while tokenized assets expanded, showing blockchain finance activity continued despite redemptions. Current DefiLlama data places the market near $312.23 billion. The dashboard shows Tether’s USDT at about $184.15 billion and Circle’s USDC at roughly $73.41 billion. USDT still controls close to 59% of the market, leaving the sector heavily dependent on its two largest dollar-backed tokens.
USDT and USDC lead the supply reduction USDT fell from about $190 billion in May, cutting roughly $6 billion from its circulating value. USDC declined from a March peak near $80 billion, losing almost $7 billion over four months. Together, those changes account for most of the retreat, although smaller regulated issuers continued expanding during the same period.
Paul Howard, senior director at trading firm Wincent, described the decline as “a relatively small pullback in what we believe is a long-term growth market.” The current drawdown remains far below the 26% stablecoin contraction recorded across the 2022 bear market. That earlier decline followed the Terra failure, lender collapses, and the failure of FTX.
Stablecoin Market Loses $10B Since May in Biggest Retreat Since the Terra Crash
According to CoinDesk, stablecoin market capitalization has fallen by roughly $10 billion from its May peak, including a $7.7 billion drop in June—the largest monthly decline in dollar terms since… pic.twitter.com/RafAPoaerJ
— Wu Blockchain (@WuBlockchain) July 12, 2026 Lower supply points to thinner crypto liquidity Traders use stablecoins as settlement assets and quote currencies across exchanges and decentralized markets. A falling supply can show that users redeemed tokens for bank dollars or moved capital outside crypto. It can also reduce the amount of dollar-linked buying power available for Bitcoin, Ether, and other digital assets.
The reduction arrived during a weak month for crypto investment products.Crypto.news reported that U.S. spot Bitcoin exchange-traded funds lost more than $4 billion in June, their worst monthly outflow since launch. The parallel declines show that institutional fund demand and on-chain dollar liquidity both weakened as digital asset prices remained under pressure.
Activity did not fall at the same pace as supply. The adjusted stablecoin transaction volume reached a record $1.78 trillion in June. USDC processed about $1.21 trillion, while USDT handled $573 billion. USDT still recorded more individual transfers, showing that fewer tokens can continue supporting heavy payment and trading activity.
Tokenized assets grow while stablecoins retreat Tokenized real-world assets moved in the opposite direction. However, their on-chain value crossed $30 billion during 2026, led by tokenized Treasury products, funds, and private credit. CoinDesk Research also recorded a 145% rise in tokenized equity volume during June to a record $3.86 billion.
Regulation and new issuers continue reshaping the stablecoin market. The U.S. GENIUS Act created a federal framework for payment stablecoins, while regulators are drafting customer identification, sanctions, and reserve rules. Crypto.news has also tracked new reserve products from Fidelity and State Street designed for regulated issuers.
The latest supply figures point to a pause in market expansion rather than a Terra-style collapse. USDT and USDC remain near their dollar pegs, transaction activity remains high, and the total market retains most of its recent growth. Further monthly contractions would provide clearer evidence that crypto liquidity is leaving the system rather than moving between issuers or on-chain products.
Investors will now watch July issuance, redemption data, exchange volumes, and ETF flows for signs that demand is returning or weakening further.
BlackRockův BUIDL na Avalanche překročil 900 milionů USD v AUM, zhruba dvojnásobek oproti 464 milionům před týdnem. Jde o největší tokenizovaný treasury produkt on-chain na Avalanche.
BlackRock’s BUIDL, a tokenized U.S. Treasury money market fund on the Avalanche blockchain, has reached over $900 million in assets under management (AUM). This notable increase, from approximately $464 million just a week ago, highlights a significant surge in institutional interest in tokenized assets on Avalanche. The BUIDL fund, maintaining a stable value of $1.00 per token with daily accrued dividends, has become the largest tokenized treasury product on-chain and the biggest real-world asset (RWA) on Avalanche. This development underscores Avalanche’s rising prominence as a key player in the institutional tokenization sector, second only to Ethereum in terms of BUIDL’s AUM.
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Key Takeaways BlackRock’s BUIDL fund on Avalanche has seen its AUM increase from $464 million to over $900 million within a week. The rapid growth in BUIDL’s AUM suggests accelerating institutional adoption of Avalanche for tokenized assets. Avalanche is now the second-largest blockchain for BUIDL by AUM, reinforcing its role as a leading institutional tokenization venue. What to Watch The surge in BUIDL’s AUM could indicate broader institutional adoption of blockchain-based financial products, potentially influencing Ethereum price predictions. Market participants may monitor whether this trend continues and if other blockchains follow suit in attracting large institutional investments. Observers will also be keen to see if BlackRock’s growing involvement in tokenized assets impacts Ethereum-related markets and if similar trends develop within the Ethereum ecosystem.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 59.5% — — View market → August 1 2026 3.2% — — View market → August 1 2026 30% — — View market → August 1 2026 6% — — View market → August 1 2026 2.2% — — View market → August 1 2026 0.1% — — View market → August 1 2026 14% — — View market → August 1 2026 13% — — View market → August 1 2026 1.6% — — View market → August 1 2026 2.8% — — View market → August 1 2026 4.2% — — View market → August 1 2026 6.6% — — View market → August 1 2026 0.3% — — View market → August 1 2026 0.2% — — View market → August 1 2026 0.4% — — View market → August 1 2026 0.9% — — View market → August 1 2026 59.5% — — View market →
PANews July 12 news, Token Unlocks data shows that tokens such as DBR, ARB, YZY will see large unlocks next week, including:
deBridge (DBR) will unlock approximately 618 million tokens on July 17 at 8:00 am Beijing time, representing about 11.4% of the circulating supply, worth about $10.1 million;
Arbitrum (ARB) will unlock approximately 92.65 million tokens on July 16 at 9:00 pm Beijing time, representing about 1.65% of the circulating supply, worth about $8.5 million;
YZY (YZY) will unlock approximately 20.83 million tokens on July 17 at 11:00 am Beijing time, representing about 4.1% of the circulating supply, worth about $6.1 million;
Starknet (STRK) will unlock approximately 127 million tokens on July 15 at 8:00 am Beijing time, representing about 3.74% of the circulating supply, worth about $3.9 million;
Sei (SEI) will unlock approximately 55.56 million tokens on July 15 at 8:00 pm Beijing time, representing about 0.91% of the circulating supply, worth about $2.8 million.
Kontroverzní návrh BIP-110 na omezení nefinančních dat pro Bitcoin má v srpnu termín, ale podpora těžařů je stále pod 1 %. Aktivace by podle článku mohla vytvořit jen menšinový chain.
A controversial proposal known as BIP-110, which would temporarily restrict non-financial data on the Bitcoin blockchain, faces an early August deadline with miner support still below 1%.The measure would tighten limits on OP_RETURN and other data-carrying methods for one year, a move backers say would refocus Bitcoin on payments but critics argue improperly censors valid, fee-paying transactions.With major figures like Michael Saylor and Adam Back opposing the plan and both miner and node adoption stuck in the low single digits, BIP-110 appears likely to create only a small minority chain rather than a network-wide change.An infamous proposal to purge non-financial data from the Bitcoin blockchain is heading toward a hard deadline in early August, and the initial support it has gathered from miners is less than 1% so far - a signal of outsized opposition despite the immense social chatter around the topic.
BIP-110, formally titled the Reduced Data Temporary Soft Fork, is basically a fight over what Bitcoin block space is for.
Bitcoin transactions can carry money and extra data. An OP_RETURN section is the obvious “note field” for small bits of data within transactions, and data pushes are another route - where users can place larger chunks of raw data inside Bitcoin script or witness data. Ordinals, inscriptions and some token schemes use those paths to put images, text or token metadata onchain.
BIP-110 would temporarily tighten those paths for one year. It would cap OP_RETURN at the old small size, block most arbitrary data chunks above 256 bytes, and restrict some script formats used mainly for data storage.
Supporters say this keeps Bitcoin focused on payments and lowers node burden, but critics think it turns a policy fight into a consensus rule and tells users which transactions are “acceptable.”
Two of Bitcoin's most influential figures came out against it on Saturday. Strategy founder Michael Saylor posted that "there are 110 things more dangerous to Bitcoin than spam," arguing the proposal "turns a spam dispute into a consensus change that would invalidate some currently valid, fee-paying transactions." The precedent, he wrote, is the real danger.
There are 110 things more dangerous to Bitcoin than spam.
BIP 110 turns a spam dispute into a consensus change that would invalidate some currently valid, fee-paying transactions.
That precedent is the danger. We should save our energy for threats that really matter. $BTC https://t.co/LoSkl9XSo1
— Michael Saylor (@saylor) July 11, 2026 Adam Back, the Blockstream co-founder whose hashcash design is cited in the bitcoin white paper, made a similar case at greater length, addressed to the newcomers backing the proposal.
"Bitcoin respectfully says no to what you want," he said, adding that their real recourse, if unconvinced, is to group together and fork away, but that "bitcoin won't be joining it."
The support data shows what the broader market really thinks. BIP 110 does not rely on the usual path of overwhelming miner approval, but uses a user-activated soft fork, a mechanism in which nodes enforce a rule whether or not miners agree, set to a 55% miner-signaling threshold rather than the traditional 95%.
Backing is absent even at that significantly lower bar.
Miner signaling has never risen above about 1% in any period and stands at zero in the current one, with no major mining pool behind it, according to the BIP 110 signaling monitor.
Among the nodes that store and relay the chain, adoption sits in the low single digits, carried almost entirely by Bitcoin Knots, an alternative to the dominant Bitcoin Core software.
The deadline arrives regardless. The current signaling period runs from block 957,600 to 959,615, and a voluntary lock-in deadline falls at block 961,542 in the following period, expected in early August.
Nodes running BIP 110 software would then begin rejecting any block that does not signal support, with activation projected near September. In practice, a rule enforced by a few percent of nodes and almost no miners does not change Bitcoin for everyone but would split off a minority chain.
As such, Bitcoin's resistance to change is not written down anywhere, but is the product of thousands of independent operators who each have to opt in as a means of consensus.
The underlying spam concern is real. Blocks have carried more non-financial data since the October change, and reasonable people see that as a drift from Bitcoin as money toward Bitcoin as a database. But Bitcoin changes only when the network agrees to run the change, and on the evidence so far, it will not run this one.
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Digital Assets: Quarterly Review and Outlook Q2
Digital Assets: Quarterly Review and Outlook Q2
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Jul 10, 2026
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Why it matters:
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Japonsko zrychluje reformy digitálních aktiv a může otevřít cestu ke spotovým ETF, což by mohlo výrazně prospět XRP. SBI navíc rozšiřuje spolupráci s Ripple a v Japonsku spustila RLUSD po schválení JFSA.
From SBI's expanding Ripple partnership to potential crypto ETF reforms, Japan's role is growing.
Even in times when XRP and the company behind it were not in good shape in their home country, Japan has long stood out as a major ally. However, the most recent regulatory and institutional developments suggest that the country could play an even bigger role in their future.
Over the past several months, Japan has accelerated efforts to modernize its digital asset framework and has proposed legal reforms to classify many cryptocurrencies as financial instruments, paving the way for spot ETFs. It also introduced a more investor-friendly tax regime.
Although the legislation still needs to complete the entire process before such financial vehicles are allowed to launch, the direction has become increasingly clearer. This could be significantly beneficial for XRP.
XRP, Ripple, and Japan For starters, SBI continues with its pro-Ripple initiatives. Both parties have been tangled for years through SBI Ripple Asia to expand cross-border payments across the region. Meanwhile, SBI VC Trade remains one of Japan’s largest XRP-friendly exchanges.
Most recently, Ripple and SBI announced that the former’s stablecoin, RLUSD, has launched in the country after receiving approval from the Japan Financial Services Agency (JFSA), which expanded their partnership into the regulated stablecoin market.
SBI has also filed for a product that could eventually become the first Japan-based XRP ETF. Instead of pairing the two largest cryptocurrencies by market cap, the proposed products went for BTC and XRP, highlighting the firm’s conviction that Ripple’s token could become a core institutional asset in the country.
Institutional Demand Given the relatively short history of the cryptocurrency industry and the lack of regulation in most jurisdictions, proper regulatory frameworks can open the door for additional investments from larger players and institutions. Japan has been at the forefront of crypto regulation, and XRP has generally benefited from this.
You may also like: Circle Receives Final Green Light to Establish National Trust Bank Ripple Rolls Out New XRPL Upgrade, but Less Than Half of Nodes Have Upgraded Ripple Lands Major XRP Partnership as Garlinghouse Shares Rare Personal Moment Unlike the prolonged legal battle Ripple endured in the US against the SEC, Japanese regulators have long treated its token as a crypto asset rather than a security. Combined with SBI’s banking relationships and Ripple’s growing enterprise presence, that regulatory certainty has helped create one of XRP’s strongest international footholds.
If Japan indeed approves spot crypto ETFs, XRP could be among the earliest beneficiaries, thanks to its history and the infrastructure already in place there.
Ether za týden vzrostl o 3 % díky tokenizaci a nákupům institucí. Přesto zůstává pod 1 800 USD, protože on-chain data i derivátové trhy jsou stále slabé.
The cryptocurrency market has experienced mixed developments in recent days, but Ether stood out with a 3% increase between Thursday and Friday. This rise occurs in a context marked by the growth of tokenization, the successful launch of Robinhood Chain, and continued purchases by several companies. Despite this favorable dynamic, surpassing the 1,800-dollar threshold remains out of reach. On-chain data and indicators from derivative markets still show signs of weakness, limiting short-term growth potential.
In brief Ether advanced 3% in one week, supported by the rise of Tokenization and institutional purchases. Robinhood Chain has already attracted 106 million dollars in deposits and strengthens the Ethereum ecosystem. Ethereum retains 47% of the real-world assets (RWA) market, confirming its lead in tokenization. On-chain indicators and derivative markets remain weak, hindering a sustained breakthrough above 1,800 dollars. BitMine has accumulated 198,370 ETH in 30 days, illustrating continued purchases by institutional investors. Ether Rallies as Tokenization and Robinhood Chain Drive Fresh Optimism The recent rise of Ether is first based on the rapid development of initiatives related to asset tokenization. Robinhood notably launched Robinhood Chain, a layer 2 solution using ETH as the native gas token. This new infrastructure quickly strengthened user interest in the Ethereum ecosystem. At the same time, the platform is expanding its offer of tokenized stocks to an international clientele, consolidating the adoption of EVM-compatible infrastructures.
Here are the main figures illustrating this dynamic:
106 million dollars in deposits already recorded on Robinhood Chain. 120 countries now have access to the tokenized stocks offered by Robinhood. 47% market share for Ethereum in the real-world assets (RWA) sector. 260 billion dollars of total value locked (TVL) on Ethereum. 210 billion dollars capitalization for Ether, a level below the network’s TVL. Tokenization thus continues to strengthen Ethereum’s dominant position in the real-world asset market. Apart from stablecoins, assets like Tether Gold (XAUT), Ondo US Dollar Yield (USDY), and Franklin Templeton iBENJI government bonds illustrate this evolution. Tokenized stocks STRCx from Strategy and CRCLon from Ondo also rank among the main sector references.
This dynamic feeds specialist analyses. Leon Waidmann, research director at Lisk, believes the gap between the network’s total value locked and Ether’s capitalization reflects a relatively lower valuation than observed during the 2022 bear market. This interpretation fuels debate on the asset’s current positioning without changing the network fundamentals.
On-Chain Indicators Continue to Limit the Recovery Despite this improvement in Ether’s price, several indicators show network activity remains less dynamic than before. Layer 2 solutions continue their development, and institutional investments hold steady, but overall demand on the blockchain remains limited. The 2026 bear market reduced activity across several segments, while some competing blockchains strengthened their presence in synthetic perpetual futures and automated yield vaults.
The main on-chain data illustrating this slowdown of activity on Ethereum are as follows:
11 million dollars in weekly revenue generated by DApps, compared to 20 million dollars in Q1 2026. Sky: 3.1 million dollars in weekly revenue. Titan Builder: 2.4 million dollars in weekly revenue. Chainlink: 1.1 million dollars in weekly revenue. Active addresses dropped from 5.4 million to 3.2 million, confirming the decline in on-chain activity. Weekly revenues of Ethereum DApps, in USD (left) vs active addresses (right). Source: DefiLlama
This evolution limits Ether’s ability to immediately extend its rebound. Even if tokenization fundamentals remain solid, network usage metrics do not grow at the same pace. Investors therefore continue to monitor these indicators to determine if the recent price rise can be accompanied by a sustained recovery of activity on Ethereum.
Institutional Purchases Provide Fresh Support to the Market Derivative markets also provide a more measured signal. According to Laevitas data, the annualized funding rate of Ether perpetual futures contracts fell back to 3% on Saturday, after reaching 12% the previous day. This level remains below the neutral threshold set at 6%, indicating weaker demand for long positions. This development suggests that operators remain cautious despite the recent price rise.
Annualized funding rate of ETH perpetual futures contracts. Source: Laevitas
At the same time, institutional flows continue to support the market. Arkham Intelligence identified a withdrawal of 20,500 ETH, representing about 36 million dollars, from Galaxy Digital to a new wallet. This movement corresponds to a pattern previously observed during purchases attributed to Tom Lee via BitMine Immersion. Over the last thirty days, BitMine has accumulated 198,370 ETH, bringing the total value of its reserves to 10.3 billion dollars.
These acquisitions offer additional market support, although they are not enough to erase the more cautious signals seen on technical and on-chain indicators. Tokenization continues to expand use cases for the network, while institutional investments maintain steady demand. However, actual blockchain activity remains below the levels observed at the beginning of the year.
Future movements will therefore depend on the balance between these factors. If tokenization continues its development and institutional purchases hold steady, Ether could maintain a solid base. Conversely, a sustained recovery will also require improvement in on-chain indicators and derivative markets to confirm a return of broader demand across the ecosystem.
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Ghiles A.
Journaliste et rédacteur web passionné par l’univers des cryptomonnaies et des technologies Web3. J’y traite les dernières tendances et actualités afin de proposer un contenu de haute qualité à un large public du secteur.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Ethereum Foundation uvedla, že AI agenti odhalili skutečnou zranitelnost v Gossipsubu libp2p a chyba byla před zveřejněním opravena. Podle týmu může AI zásadně změnit auditování bezpečnosti blockchainu.
The Ethereum Foundation said it used AI agents to uncover a real vulnerability, which could be the new way of improving blockchain security.
The organization behind the second-largest blockchain network revealed it had employed a coordinated army of AI agents to identify vulnerabilities in Ethereum’s critical infrastructure.
The team said one major bug was successfully discovered and patched before it could become a larger problem. But that could be just the start of this major story.
AI and Ethereum The blog post published by the Ethereum Foundation reveals that the Protocol Security team disclosed that AI-powered agents found a remotely triggerable vulnerability in libp2p’s Gossipsub networking layer. This is a core component used by the blockchain’s consensus clients to communicate with each other.
The AI agents were deployed against the protocol code, cryptographic software, and smart contracts that underpin the network. The most significant issue the team faced was not finding the bug itself, but filtering genuine issues from the overwhelming number of false positives generated by the agents.
The team published its findings only after fixing the issue, but researchers said the bigger breakthrough lies in the process of finding it rather than the bug itself. AI has become highly effective at identifying potential weaknesses, but without a human touch, the process is still far from being good enough for such major tasks.
The Foundation compared AI agents to modern fuzzing tools. They won’t replace human auditors, but can dramatically expand the search process by generating proof-of-concept exploits, tracing attack paths, and testing assumptions at a scale that would be challenging to achieve manually.
Is This the Future? The cryptocurrency community has wondered for a few years how and why the cryptocurrency industry can be linked to artificial intelligence. The EF said that one of the most important connections between the two is now through AI-assisted auditing, which can fundamentally change how blockchain security operates.
You may also like: Analyst Sees Upside for ETH Ahead of Glamsterdam Upgrade ‘Summer of Ethereum Love’ Gaining Steam, Says Lubin, But When Will ETH Price Follow? Charles Hoskinson Says Ethereum Is Adopting Cardano Ideas Without Credit Development teams may deploy more and more AI agents to continuously probe protocol code for vulnerabilities before malicious actors discover them. This could be the opposite of numerous examples in which bad actors employed such agents to hack different blockchains.
Nevertheless, the Foundation cautioned that today’s systems remain far from autonomous as they still generate reports that are duplicates, contain false alarms, or describe attack paths that cannot actually be exploited. The team doubled down that every serious finding still requires careful human review before developers can act on it.
Dogecoin ETF zaznamenaly od 6. do 10. července čistý příliv 0 USD, už druhý týden po sobě bez nového kapitálu. Celkový čistý příliv činí 11,77 milionu USD.
Dogecoin exchange-traded funds (ETFs) experienced another subdued week, with cumulative weekly net inflows reaching $0 for the period from July 6 to July 10, according to recent figures from SoSovalue. This marks the second consecutive week without any fresh capital entering Dogecoin-linked ETFs.
Institutional demand stagnatesDogecoin ETFs have alternated between periods of zero inflow and minor positive net flows, signalling cautious market sentiment and an absence of major buying pressure. The previous week had already delivered a net negative outflow, a trend not seen since January, when the week ending January 23 also recorded negative weekly flows for these products.
The affected investment vehicles include the offerings from digital asset managers Bitwise, Grayscale, and 21Shares. These firms oversee various Dogecoin ETFs that allow investors to gain exposure to the prominent memecoin without directly holding the asset.
Recent data indicates that the total cumulative net inflow for Dogecoin ETFs has reached $11.77 million, while the products currently manage $10.23 million in net assets. This total represents just 0.09% of Dogecoin’s current market capitalization.
A lack of new inflows could indicate a pause in institutional interest toward Dogecoin-related funds. Market participants are now waiting for a fresh narrative or catalyst that could trigger renewed investment activity in the asset.
Date/PeriodDogecoin ETF Net FlowCumulative Net Inflow (Total)Net AssetsJuly 6 – July 10$0$11.77 million$10.23 millionWeek ending July 2Negative––Week ending January 23Negative––ETF product updates and benchmarksIn product news, 21Shares, a Switzerland-based provider known for offering a range of cryptocurrency exchange-traded products, will restructure its Dogecoin ETF’s pricing benchmark. The company has announced intentions to license market index data from FTSE for improved pricing transparency.
Mini dictionary: 21Shares is a Swiss-based investment firm that offers cryptocurrency ETPs (exchange-traded products), providing institutional and retail investors access to digital assets via traditional equity markets.
The decision to adapt its pricing model arrives amid stagnant inflows and reduced excitement for Dogecoin across institutional products. Market watchers are awaiting signs of renewed interest to help drive participation.
Market sentiment remains weakDogecoin has lacked a strong narrative in recent weeks, which has contributed to muted performance within investment vehicles tied to the asset. The broader cryptocurrency market continues to be characterised by declining valuations, with a majority of altcoins trading close to multi-year lows.
Despite the lack of enthusiasm, certain indicators point to reduced volatility compared to earlier in the year. Crypto derivatives markets are displaying more stable trends, with a shift away from short-term speculation and a rise in longer-term positions.
Market sentiment has also shown marginal improvement. The Fear and Greed Index, a commonly watched metric for gauging investor sentiment in cryptocurrency markets, increased to 32, classified as “fear”, after remaining in the extreme fear range for more than 40 days. The index has not exceeded the neutral 50-point threshold since November, suggesting traders are no longer panicking but remain cautious about potential upside.
Dogecoin ETFs have alternated between weeks of zero and modest positive net flows, underscoring cautious institutional sentiment and the absence of new market drivers for the meme-inspired cryptocurrency.
At the time of reporting, Dogecoin had gained 1.45% over the past 24 hours, trading at $0.075.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
BNB Agent Studio spustilo autonomní AI agenty na BNB Smart Chain s integrací AWS Bedrock AgentCore, takže běží nepřetržitě a platí se jen za aktivní výpočet. Platforma už hlásí přes 120 000 vytvořených agentů.
BNB Agent Studio launched on July 1, 2026, on BNB Smart Chain, integrating Amazon Bedrock’s AgentCore as its managed cloud runtime. The result is autonomous AI agents that stay live around the clock, billed only when active, and completely independent of whatever machine a developer happens to be running.
Here’s the core pitch: a developer writes a single prompt inside familiar tools like Cursor or Claude Code, and a fully operational on-chain AI agent is live in under 15 minutes. Deploying autonomous agents on blockchain infrastructure historically involved days of configuration work, sometimes weeks, covering identity management, payment rails, task interfaces, and compute provisioning separately.
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Nina Rong, Executive Director of Growth at BNB Chain, framed it directly: with BNB Agent Studio, developers can dedicate their creativity and focus toward agent logic as the platform streamlines the underlying infrastructure requirements.
In practice, three open standards are doing the heavy lifting underneath. ERC-8004 handles on-chain identity, giving each agent a permanent, ownable digital presence on BNB Smart Chain. ERC-8183 defines the task interface, standardizing how agents receive and execute instructions. The x402 protocol manages self-funded payments, meaning agents can pay for their own operations without a developer manually topping up wallets.
The AWS Bedrock AgentCore integration is what makes the persistence story credible. Rather than running on a developer’s local machine or a self-managed server, agents execute inside isolated cloud environments managed by Amazon’s infrastructure. BNB Chain uses microVM technology for agent isolation, meaning each agent runs in its own sandboxed environment. The billing model follows a pay-per-use structure, with agents only charged for compute when they’re actually doing something.
AWS joins Trust Wallet and PieVerse as the platform’s anchor partners. Trust Wallet handles wallet integration, giving agents a native interface with the BNB Chain ecosystem. PieVerse provides payment infrastructure, sitting alongside the x402 protocol to support the agent economy.
Over 120,000 AI agents have already been created on BNB Smart Chain using the platform. A follow-up update on July 7, 2026, added real-time CoinMarketCap data access through Binance Pay’s B402 integration, meaning agents can now query live market data natively as part of their decision logic without developers building separate data pipeline connections.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Injective (INJ) podle analytiků znovu kreslí vzor předchozích velkých růstů a může mířit do zóny 80 až 90 USD. Potvrzení ale bude vyžadovat jasné proražení na týdenním grafu a vyšší objemy.
Injective (INJ) is capturing renewed attention in the cryptocurrency market as analysts and traders highlight a recurring chart pattern that has preceded each of its past major bullish cycles.
Technical pattern signals potential rallyAnalyst Logical has pointed to a specific trading structure that has reliably appeared ahead of INJ’s strongest rallies. According to Logical, during the 2020–2021 market cycle, INJ surged approximately 4,898%, while the subsequent expansion saw gains of around 6,143%. Both of these large moves followed extended periods of price accumulation near cycle lows, staggered by decisive upward breaks through descending trendlines.
The latest weekly chart indicates this pattern is emerging again. INJ has spent several years retracing from its all-time highs, but now trades just above its long-term downward trendline and sits near the lower end of its historical price range. The token stays above crucial support zones, suggesting gradual accumulation by buyers may be under way.
Based on previous cycle durations and gains, market participants expect INJ could be entering a new growth phase—potentially targeting the $80 to $90 price range. However, analysts believe confirmation will require a clear breakout on the weekly chart, ideally accompanied by increasing volumes.
Market watchers highlight that signs of a third rally are visible, but emphasize that a confirmed breakout and stronger trading volumes are needed to validate this scenario. Without those triggers, the pattern remains an unproven projection at this stage.
Strengthening fundamentals underpin market optimismWhile technical patterns attract traders, ongoing expansion within the Injective ecosystem is also adding momentum to bullish expectations. CoinGecko has described Injective as an advanced Layer 1 blockchain focused on decentralized finance, offering streamlined trading, settlement, tokenization, and decentralized application creation on a single chain.
Since January 2025, Injective’s protocol has facilitated approximately $34.4 billion in derivatives trading volume and processed spot trades worth around $888 million. Of the total derivative activity, some $6.8 billion in volume is tied to real-world assets, accounting for about one-fifth of overall derivatives.
MetricValueDerivatives Volume (since Jan 2025)$34.4 billionSpot Volume (since Jan 2025)$888 millionReal-world Asset Derivatives$6.8 billionINJ Burned (since 2021)7.1 million tokens ($36.6 million)Protocol Profit (past year)$3.41 millionThe protocol’s rising transaction activity has generated approximately $3.41 million in profits for the chain over the past year. This performance places Injective among the ten most profitable Layer 1 blockchains, according to CoinGecko. Notably, the majority of these profits are directed toward community buybacks and token burns, with more than 7.1 million INJ removed from circulation since 2021—equivalent to $36.6 million in value.
Mini dictionary: Injective is a decentralized Layer 1 blockchain designed for finance applications. It offers a range of DeFi services such as derivatives trading, spot trading, and tokenization, enabling developers to build a variety of decentralized apps within its ecosystem.
Protocol updates and integration effortsThe pace of development may influence whether the breakout pattern continues along its historical route. The introduction of native USDC, as well as the integration of Circle’s Cross-Chain Transfer Protocol (CCTP), could further boost settlement activity on the Cosmos network, which is the broader ecosystem within which Injective operates.
In April, Bitnomial exchange listed INJ futures, joining the growing array of exchange-traded products linked to the token. Additional exchange listings may follow, as some issuers have filed applications in recent months. For now, traders await stronger confirmation of the technical breakout.
Analysts continue to remind participants that, while technical and fundamental conditions appear constructive, price projections remain speculative. The cryptocurrency market is characterized by high volatility and rapid trend changes, warranting a cautious approach to forecasts.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Sui v testu s AI agentem Tunnels dosáhl 6 086 766 TPS, daleko nad cílem 1 milionu. SUI mezitím za 24 hodin vzrostl o 1,34 % a sleduje rezistenci na 0,82 USD.
Sui, a Layer 1 blockchain developed by Mysten Labs and known for its scalability features, is gaining momentum as new data from its AI-powered network test reveals record-breaking transaction processing speeds. The SUI token, the native asset of the network, is trading at $0.7464 with a 24-hour volume of $157.76 million, pushing its market capitalization to $3.02 billion. After climbing 1.34% in the last 24 hours, analysts are watching closely for a potential bullish breakout.
SUI price approaches resistance, eyes breakout targetAs SUI steadily recovers from previous dips, crypto analyst Michaël van de Poppe observed that the coin maintains a bullish momentum. He noted that sustained buying activity and increasing trading volumes reflect growing investor confidence in the blockchain’s future. If SUI surpasses the pivotal $0.82 resistance level, analysts believe the price could retest the $1 mark, with $1.20 identified as a further upside target.
Sustained accumulation and a surge in trading activity could pave the way for SUI to break above $0.82 and initiate a new uptrend, potentially pushing the price to $1 and higher resistance levels at $1.20.
Key resistance points remain at $0.82, $1.00, and $1.20, historically significant marks from previous rallies. Market sentiment and overall strength in assets like BTC are contributing to renewed optimism.
Investors and traders are closely following SUI price action, looking for technical confirmation of a breakout that could establish a new bullish trend.
Price LevelStatusSignificance$0.82ResistanceBreakout trigger$1.00ResistancePsychological mark$1.20ResistancePrevious rally peakAI-powered Sui network test sets TPS recordSui recently completed a high-profile experiment using its Tunnels AI agent, aiming to showcase the network’s scalability under AI-driven workloads. The initial target for the test was 1 million transactions per second (TPS), a figure that would already place Sui at the top tier among blockchains. However, the AI agent achieved 6,086,766 TPS in the test environment, demonstrating the network’s capability to handle unprecedented throughput levels.
These results highlight Sui’s aim to support large-scale, high-performance Web3 applications that leverage artificial intelligence. The test was conducted off-mainnet, but developers view it as a major step toward bringing advanced AI and agentic operations to decentralized networks. The platform’s commitment to integrating artificial intelligence is seen as a driver for both price and technological growth.
Mini dictionary: Tunnels AI agent — An artificial intelligence-driven module developed for Sui to automate and maximize blockchain throughput by orchestrating high-frequency transaction processing. AI agents like this serve as a proof of concept for advanced smart contract and infrastructure automation within Web3 ecosystems.
Outlook: Adoption, upgrades, and key levelsBeyond technical performance, Sui continues to work on implementing AI enhancements across its network. The blockchain’s ability to achieve high TPS figures and support complex, AI-driven applications may attract further attention from developers and investors.
The next moves for SUI depend on a successful breach of the $0.82 resistance. If achieved, traders might expect moves toward $1.00 and $1.20. The broader market trend, especially upward momentum in BTC, could also play an important role in the asset’s trajectory.
Investors will monitor ongoing network developments, trading dynamics, and sentiment shifts as they assess the prospects for continued bullish price action.
Network scalability and AI integration will be crucial drivers for SUI’s appeal among both developers and financial markets, making the project a focal point in ongoing blockchain innovation discussions.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Pětiminutové bitcoinové kontrakty na Polymarket vyvolávají obavy z manipulace, protože obchodníci mohou v posledních sekundách hýbat spotovou cenou a ovlivnit vypořádání. Od spuštění nasbíraly kumulativní objem obchodů 4 miliardy USD.
Polymarket’s 5-minute Bitcoin prediction markets have become the crypto world’s fastest casino, and the house advantage belongs to whoever has the fastest bot. The platform’s binary contracts, which let traders bet on whether Bitcoin will be up or down at the end of each 5-minute window, have racked up $4 billion in cumulative trading volume since launching on February 12, 2026.
Traders are synchronizing Polymarket positions with spot Bitcoin trades in the final seconds of each 5-minute interval, effectively nudging the price just enough to tip the contract outcome in their favor. In English: they’re buying the prediction market equivalent of “Bitcoin goes up,” then actually pushing Bitcoin’s price up with a well-timed spot trade right before the clock runs out.
The speed gap is the whole game High-frequency trading firms, AI-powered bots, and algorithmic agents have flooded into Polymarket’s shortest-duration product. The first week alone generated roughly $200 million in volume, a pace that made clear this wasn’t a niche curiosity.
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Retail traders trying to compete face a brutal math problem. Market spreads on these contracts range from 2 to 5 cents, which might sound trivial until you consider the contracts are priced around $0.50. The standard fee runs approximately 1.56% at the $0.50 pricing level. Reported average win rates for live trading bots tell the story with uncomfortable clarity: 25% to 27% below breakeven.
How the manipulation works A trader takes a position on Polymarket predicting Bitcoin will finish the 5-minute window above its starting price. With seconds remaining, that same trader places a spot Bitcoin buy order large enough to push the price in the desired direction. The Chainlink oracle that Polymarket uses for price resolution and settlement captures that final-second price, the contract resolves in the manipulator’s favor, and the payout arrives.
For the prediction market industry, the manipulation concerns raise questions about settlement mechanism design. Using a single price snapshot from a Chainlink oracle at the exact end of a 5-minute window creates a precise target for manipulation. Alternative approaches, like using a time-weighted average price over the final 30 seconds, could raise the cost and complexity of gaming the settlement.
The bigger picture for prediction markets The 5-minute Bitcoin contracts have cannibalized longer-duration contracts on the platform, pulling volume and attention toward the shortest possible timeframes.
What this means for investors For retail traders tempted by the apparent simplicity of a binary up-or-down bet, the combination of spreads, fees, and speed disadvantages creates a structural edge for automated participants that individual traders cannot realistically overcome. The $4 billion in cumulative volume proves demand exists. The question is whether that demand can be served in a way that doesn’t systematically disadvantage the majority of participants.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Spotové XRP ETF v pátek zaznamenaly čistý příliv asi 107 000 USD a ukončily čtyřdenní sérii odlivů. Za červenec 2026 ale zůstávají v čistém odlivu 2,61 milionu USD.
XRP ETFs Break Four-Day Outflow StreakSpot $XRP ETFs recorded a modest net inflow of around $107,000 on Friday, July 10, breaking a four-consecutive-day run of outflows. While the figure is small in absolute terms, it marks the first positive daily flow the products had seen in nearly a week.
Despite the brief recovery, the funds remain in negative territory for the month. The latest withdrawals had pushed cumulative flows into a net outflow of $2.61 million for July 2026. That reversal comes after a strong finish to June, when the funds pulled in $15.34 million on June 29, building on an equally impressive $15.63 million net inflow recorded just days prior on June 26.
Three-Month Inflow Run Now Under PressureThe July softness interrupts what had been a sustained period of investor appetite for the regulated products. According to data from Yahoo Finance, XRP ETFs ended April with roughly $82 million in net inflows, marking the funds' best month since the late-2025 launch period, a reverse of what happened in March, which ended with $31 million in outflows. May then topped that, with May's inflow of $118.29 million surpassing April's $81.59 million to become the strongest month of 2026.
The broader picture for the products remains constructive. Cumulative net inflows across all approved XRP spot ETFs continue to hover around a healthy $1.40 billion mark. As of July 11, 2026, seven XRP spot ETFs are trading in the United States with combined assets under management of around $1 billion and 964.5 million XRP tokens locked.
The leading products include the Bitwise XRP ETF (1XRP) with around $245.3 million in assets, followed by the Canary XRP ETF with approximately $225.9 million and the Franklin XRP ETF with about $167.9 million. Whether the July 10 inflow signals a genuine turn or merely a brief pause in the current negative run remains to be seen, but the month's performance will be closely watched given the three-month positive streak that preceded it.
Sources:
U.Today: XRP ETFs Log One of Biggest Outflows of 2026
Yahoo Finance: XRP ETFs Snap Longest Inflow Streak of 2026
Coinpedia: Spot XRP ETFs Record Largest Outflow Since March
XRP se na konci června krátce propadl na 1,01 USD a letos je níže o více než 25 %. Mezitím tokenizovaná aktiva na XRP Ledger překročila 3,5 miliardy USD.
In the last week of June, XRP printed its weakest price since late 2024, briefly touching $1.01 before stabilizing in the $1.05 to $1.13 range where it has traded through early July. The token is down more than 25% for the year and roughly 65% below the $3.65 cycle high it set in July 2025. On the same June days that the chart broke down, tokenized real-world assets on the XRP Ledger crossed $3.5 billion, more than triple the level at which they started the year, spot XRP exchange-traded funds extended a net inflow streak that would reach eight consecutive weeks, and Ripple stood weeks away from full European authorization under MiCA.
Summary
Ripple has delivered record institutional growth in 2026, but XRP remains more than 25% lower this year and near multi-year lows. The article examines both sides of the debate: whether Ripple’s expanding infrastructure will eventually lift XRP or whether the company and token have permanently diverged. Upcoming CLARITY Act votes, ETF flows, XRPL upgrades, and institutional adoption could determine whether the gap between Ripple and XRP finally closes. That is the whole story in one paragraph, and it is genuinely strange. By any operational measure, the 12 months behind Ripple are the most productive in the company’s history: a settled SEC case, launched ETFs, a $1.25 billion prime brokerage acquisition, membership in the clearing infrastructure of American equities, a stablecoin with $18 billion in quarterly transfer volume, and regulatory licenses stacking up on three continents.
By the only measure most holders care about, the same 12 months are the worst since the 2022 bear market. The gap between what Ripple built and what XRP is worth has never been wider, and how that gap closes, upward through the price or downward through the narrative, is now the central question hanging over the fourth largest ecosystem in crypto.
This feature lays out both sides honestly: the case that the infrastructure eventually drags the token up, and the case that the token and the company have simply decoupled, with the price telling the truer story.
The year Ripple built: an inventory It helps to see the accumulation in one place, because no single item explains the disconnect. The pattern does.
Legal closure came first. The SEC’s enforcement case against Ripple, filed in December 2020, formally concluded in 2025 with a financial settlement, ending the overhang that had defined the token’s American existence for half a decade and building on the 2023 court finding that programmatic exchange sales of XRP were not securities transactions.
Then distribution. Spot XRP ETFs launched in November 2025 across 5 providers and have accumulated roughly $1.49 billion in cumulative net inflows since. May 2026 was the strongest month of the year with $118 million, including a record $60.5 million week.
The streak ran 8 consecutive weeks into July, as crypto.news reported, before showing its first daily pauses, and assets under management sit near $1.05 billion, about 1.5% of the token’s market capitalization, led by Bitwise at $331 million, Canary at $265 million, and Franklin at $262 million.
Then market plumbing. Ripple closed its acquisition of prime broker Hidden Road in October 2025 and rebranded it Ripple Prime. On March 2, 2026, Ripple Prime joined the participant directory of the National Securities Clearing Corporation, placing an XRP-linked institution inside the DTCC complex that clears the bulk of American equity trading and safeguards roughly $100 trillion in assets. DTCC has since named Ripple Prime to the working group of more than 50 firms shaping its tokenization service for Russell 1000 stocks, ETFs, and Treasuries, scheduled for October 2026.
Then the ledger itself. XRPL tokenized assets grew from $991 million on January 1 to $3.5 billion by midsummer. In early May, JPMorgan, Mastercard, Ondo Finance, and Ripple completed the first cross-border tokenized US Treasury redemption on the XRPL, settling in under 5 seconds. Daily transactions hit 3 million on March 15, roughly three times mid-2025 averages.
A protocol amendment from XRPL version 3.1.0 that would enable fixed-term lending through Single Asset Vaults is under validator vote, and support has been climbing toward the 80% supermajority it needs, a governance process crypto.news has tracked as it approaches the threshold.
Then the stablecoin. RLUSD reached a $1.72 billion market capitalization in under a year, moved more than $18 billion in the first quarter alone, and Ripple hedged the strategy in July by joining Open USD, the consortium dollar token backed by Visa, Mastercard, Stripe, BlackRock, and more than 140 other companies.
Then the licenses. A full Electronic Money Institution approval from Luxembourg in February, UK Financial Conduct Authority permissions in January, and the full MiCA Crypto-Asset Service Provider license on July 6 that opened all 30 countries of the European Economic Area, arriving days after the transition deadline locked unlicensed competitors out of the bloc.
Any one of these, delivered into the 2024 market, would have produced a rally measured in double digits. Delivered into 2026, the entire list produced a chart that goes down and to the right.
The year XRP traded: an autopsy The price ledger is shorter and harsher. XRP closed 2025 near $1.90 after the July peak at $3.65, rallied to about $2.40 in the new year, then spent 2026 in decline: a sharp February selloff that prompted Standard Chartered to cut its year-end target from $8 to $2.80, a spring of lower highs between $1.28 and $1.50, a June that opened near $1.30 and closed near $1.04, and a July that has been a daily fight to defend the $1 line.
The token trades below every major moving average, with the 20-day near $1.11, the 50-day near $1.20, and the 200-day near $1.52. Relative strength readings in the low 30s mark the deepest oversold territory of the cycle.
Two facts about the decline matter for interpreting it. First, it was market-wide. Bitcoin fell from above $100,000 to below $62,000, briefly touching $58,000. Ethereum, Solana, and BNB fell comparably or worse; total crypto market capitalization shed $2.3 trillion over 8 weeks, and digital assets posted a third consecutive losing quarter, the longest streak since 2022, as institutional capital rotated toward AI equities. Everything outside Bitcoin and Ethereum lost roughly 23% in 6 months. XRP’s beta to that drawdown was high, as it always is, because the token falls harder than Bitcoin when sentiment turns.
Second, and more uncomfortable for the bull case, none of the good news interrupted it. The full MiCA license produced a 3% weekly decline around the preliminary approval and indifference at the final one. The DTCC milestone passed without a candle. The Treasury redemption pilot with JPMorgan, arguably the most institutionally significant event in XRPL history, is invisible on the chart.
The one catalyst the market visibly responds to is legislative: the token jumped 4.5% within an hour of the CLARITY Act clearing committee on May 14, and it sagged when the July 4 signing target slipped, price action crypto.news examined as the delay sank in. The market has, in effect, told everyone what it is waiting for, and it is not another license.
What the forecasters did with the same facts The professional forecasting record around XRP in 2026 is itself evidence of the disconnect, because analysts looking at identical data have produced the widest dispersion of targets for any large-cap asset.
Standard Chartered entered the year at $8 for 2026 and cut to $2.80 in February after the selloff, a 65% downgrade in a single revision, while explicitly leaving its 2030 target untouched at $28. The bank’s stated logic was that regulatory clarity, institutional involvement, and new investment products justify higher long-term valuations, but near-term price action would remain correlated with the broad crypto market. That is the lag thesis and the beta thesis coexisting in one research note.
Bitwise carries a $4.94 year-end forecast. JPMorgan’s contribution is conditional rather than directional: $4 to $8.4 billion of first-year ETF inflows if the CLARITY Act passes, with no comparable estimate under failure. Algorithmic models cluster far lower, in the $1.70 to $2 band, essentially extrapolating the chart. The professional consensus for year-end sits above $2, which would require a 77% rally from current levels in under 6 months, a move the asset has produced before but only during regime changes in sentiment.
Forecast dispersion this wide is unusual for an asset of this size, and it maps precisely onto the two readings of the disconnect. Analysts weighting the infrastructure see multiples of the current price; models weighting the tape see the current price as fair. When the same inputs produce a $1.70 answer and a $28 answer depending on the discount rate applied to institutional adoption, the market is not confused. It is unpriced, waiting on the one variable, classification, that neither the company nor the chart can supply.
The bear reading: the token and the company are different assets The uncomfortable thesis deserves its full strength. Ripple’s success and XRP’s value are linked by a mechanism, and the mechanism is thin.
Ripple the company earns revenue from payments, custody, prime brokerage, and stablecoin float. Almost none of that revenue requires the XRP price to be anything in particular. The company’s own announcements make the point unintentionally: the MiCA license release mentions XRP essentially once, in the boilerplate.
Ripple Payments has moved more than $100 billion across 60-plus markets, but most of that volume settles in fiat or RLUSD, and where it does route through the XRP Ledger, the burned fee per transaction is a fraction of a cent. 3 million daily transactions at those rates destroys token supply at a pace measured in rounding errors. The stablecoin strategy, on this reading, actively competes with the bridge-asset story that once justified the token: every corridor that settles in RLUSD is a corridor that does not need XRP volatility risk.
Supply mechanics deepen the skepticism, and they deserve their own accounting. Ripple releases up to 1 billion XRP from escrow every month under a schedule set in 2017, relocking the majority into new escrow contracts while a smaller portion enters circulation through sales and ecosystem distributions. The market has watched this metronome for years, and its psychological weight exceeds its mechanical weight: even in months when net new supply is modest, the release event itself gives traders a recurring reason to expect selling, and expectations of supply function like supply. Set the monthly release against the demand side and the imbalance is stark. The entire ETF complex has absorbed roughly $1.49 billion over 8 months, an average of around $6 million of daily buying, in a token that trades north of $1.4 billion in daily volume.
Institutional flows at that scale can support a floor; they cannot fight a distribution schedule and a bear market simultaneously. The bear case does not need Ripple to fail. It needs only for the demand mechanisms to keep growing slower than the supply mechanisms, which is a fair description of every month of 2026 so far.
There is also the exchange migration to consider from the skeptical side. Tokens leaving exchanges for ETF custody are commonly read as bullish scarcity, but a share of that movement is simply the same speculative holders changing wrappers, retail selling spot that funds buy into trusts, with no net new demand created. The flow data cannot distinguish conviction from repackaging, which is why the bears discount it. The comparison Brad Garlinghouse himself invited when he attacked Michael Saylor’s leverage model cuts both ways, as crypto.news observed: both Strategy and Ripple sit atop enormous token treasuries whose value depends on a market they are simultaneously supplying.
On this view, the 2026 chart is not a mispricing. It is the market correctly concluding that owning XRP is not owning Ripple, that the institutional build-out accrues to Ripple’s private shareholders, and that the token’s fair value is whatever speculative demand plus modest utility demand will bear in a risk-off tape. The disconnect is not a gap waiting to close. It is the honest spread between an equity story and a token story that were never the same story.
The bull reading: infrastructure is demand with a lag The counterargument does not deny any of that. It argues the causality has a delay measured in years, and that 2026 is the trough of the lag, not the verdict.
Start with the demand channels that did not exist 18 months ago. ETFs holding $1.05 billion sound small against a $69 billion market cap until you note the direction and the constraint: 8 straight weeks of net inflows through the worst quarter since 2022, from a buyer base that is still legally capped. Pension funds, sovereign wealth funds, and most insurance portfolios cannot allocate to an unclassified asset at all.
That is precisely the constraint the CLARITY Act removes by making XRP a digital commodity under CFTC oversight, and it is why JPMorgan and Standard Chartered independently project $4 to $8.4 billion in first-year inflows under passage, a 5- to 8-fold expansion of the current ETF base. The bill’s merged draft is due the week of July 13, with floor action targeted a week later. The single largest catalyst in the token’s history has a date range attached to it.
Second, the utility story is finally measurable instead of theoretical. Tokenized assets tripling to $3.5 billion, a functioning institutional redemption pilot with the largest bank in America, a lending protocol approaching validator approval, and RLUSD volume in the tens of billions are all activity that lives on the ledger whose native asset is XRP.
The fee-burn mechanism is tiny per transaction, but the investment case was never fee burn; it is that reserve requirements, liquidity provisioning, and settlement paths on a busy institutional ledger create structural demand for the asset that denominates it. Japan already offers the proof of concept, where SBI’s remittance corridors made the country the one place XRP is used at scale in production, a story crypto.news has documented, and Europe post-MiCA is the first market since Japan where Ripple holds the full regulatory stack to attempt a repeat.
Third, the on-chain footprint of conviction is visible even at the lows. Whale accumulation ran through the spring, with roughly 450 million XRP moving through Binance in a 10-day stretch in March, wallet creation hit a 3-month high near 5,000 per day in late June, and large-holder balances rose while retail sentiment collapsed. Someone with size is treating $1 as a level to buy, and the historical pattern in this asset is that accumulation phases at multi-month lows precede the violent repricings the token is famous for. July, for what it is worth, is historically XRP’s strongest month, averaging around 10% gains, though seasonality in a fear-gripped market deserves limited weight.
The bull synthesis: the company spent 2026 building the pipes, the law that fills them sits 3 weeks from a vote, and the price is a coiled spring compressed by macro conditions that have nothing to do with Ripple. Standard Chartered, even after cutting its 2026 target to $2.80, left its 2030 target at $28, which is the lag thesis expressed as a forecast.
The map of the battlefield at $1 For traders, the disconnect compresses into a few price zones that both camps agree on even while disagreeing about everything else.
Support is a dense band between $1.00 and $1.06, where a thick concentration of historical buying has absorbed every test since late June, including seven separate probes of the $1.04 to $1.06 area. Beneath it, the map goes dark: a decisive daily close below $1 opens territory the token has not traded since 2024, with the next meaningful demand zone estimated between $0.80 and $0.90. The bounce attempts of early July have built a sequence of higher lows above $1.03, and the immediate breakout zone sits at $1.056 to $1.066, where a surge of volume, at one point 1,400% above the hourly average, marked the strongest buying of the month.
Resistance begins where the moving averages live. The 20-day average near $1.11 and the descending channel midline have capped every rally attempt; above that, $1.18 to $1.20 is the zone that separates a technical bounce from a trend change, since it contains the 50-day average and the highs of the last failed breakout. A move through $1.20 would be the first structural repair of the year. The level that matters for the larger argument is further up: analysts broadly treat $1.65 as the line above which the downtrend that began at $3.65 would formally be broken.
The holder structure beneath those levels is where the two theses interact most directly. Exchange balances have been falling as tokens migrate to ETF custodians and cold storage, whale addresses have grown through the decline, and the retail cohort, measured by funding rates and sentiment indexes reading extreme fear, is maximally absent.
That configuration, shrinking liquid supply against a depressed price, is the classic setup for violent moves in both directions: thin order books amplify whatever catalyst arrives. A CLARITY passage into this structure would meet little overhead supply until the mid-$1.20s. A failure into this structure would find equally little bid support below $1. The market has arranged itself for an outsized reaction to a binary event, which is rational, because that is exactly what the calendar is offering.
What would actually settle the argument Disconnects resolve through evidence, and four specific markers will decide which reading was right.
The CLARITY floor vote before the August 7 recess is the binary. Passage activates the constrained buyer base and converts the classification question from risk to fact; failure removes the identified catalyst and hands the bear thesis another year of confirmation. Nothing else on this list matters as much.
XRPL settlement disclosures are the slow variable. Europe will produce client announcements through the fall; the tell is whether named institutions settle on the ledger or through RLUSD and fiat rails that bypass the token. Every disclosure is a data point for exactly the mechanism the two camps dispute.
ETF flow behavior around the $1 level tests the institutional bid. The first net outflow day arrived on June 30 as the quarter closed. If inflows resume through a flat tape, the allocation story survives the drawdown. If outflows follow the price down, the ETF base was momentum money wearing an institutional costume.
The lending amendment vote tests whether the ledger’s institutional roadmap ships. Validator support has been grinding toward the 80% threshold; activation would open uncollateralized fixed-term credit through Single Asset Vaults, the first XRPL primitive aimed squarely at the institutional DeFi demand the bull case requires.
One more marker sits outside the token entirely: Ripple’s own capital decisions. The company has explored an initial public offering intermittently, and hints have circulated that XRP holders might somehow participate in a listing. Nothing concrete has emerged, and nothing should be assumed, but the scenario clarifies the stakes of the disconnect better than any chart.
If Ripple lists, the market will finally price the company and the token side by side, in public, every trading day. Either the equity valuation validates the institutional story and drags attention back to the ledger that underpins it, or investors will buy the company and continue ignoring the token, at which point the decoupling thesis stops being a thesis and becomes a quote on two screens. The company has every incentive to make the token matter before that comparison goes live.
For holders, the practical takeaway is about position sizing against a calendar, not about conviction in either narrative. The next 26 days contain the merged CLARITY draft, a possible floor vote, the July escrow release, continuing ETF flow data, and the validator vote on the lending amendment. That is an unusual density of resolution for a single month. The disconnect between Ripple’s year and XRP’s year has been stable precisely because nothing forced the two stories to reconcile. The Senate schedule is about to force it.
The widest gap in crypto right now is not between any two tokens. It is between a company having its best year and a token having its worst, wearing the same three letters. Markets close gaps like this one eventually, and they are indifferent about the direction. 26 days of Senate calendar will supply the first, and probably decisive, piece of the answer.
Ripple získal v Lucembursku plnou licenci MiCA, takže může nabízet regulované krypto služby ve všech 30 zemích EHP. V USA ale právní klasifikace XRP stále čeká na zákon CLARITY Act.
On July 6, Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier, upgraded Ripple’s preliminary Crypto-Asset Service Provider authorization into a full license under the European Union’s Markets in Crypto-Assets framework. The approval means Ripple can passport regulated crypto services across all 30 countries of the European Economic Area, from Lisbon to Helsinki, under a single national authorization. Cassie Craddock, Ripple’s managing director for the UK and Europe, framed the moment plainly: the company enters the post-transitional MiCA era fully compliant and ready to scale.
Summary
Ripple secured a full MiCA license in Luxembourg, allowing it to offer regulated crypto services across the European Economic Area. While Europe has given Ripple regulatory certainty, XRP’s legal classification in the U.S. still depends on the CLARITY Act. The article explores whether Ripple’s expanding regulatory footprint can eventually translate into stronger XRP demand. Five days later, on the other side of the Atlantic, the legislation that would finally tell American regulators what XRP actually is remained stuck in the Senate. A merged draft of the CLARITY Act is expected the week of July 13, floor action is penciled in for the week of July 20, and the whole effort still needs roughly 7 Democratic votes it does not currently have. Galaxy Research has cut its odds of passage in 2026 to a coin flip.
That is the strange position Ripple occupies in the summer of 2026. A company born in San Francisco, hardened by a 4-year fight with the Securities and Exchange Commission, and lobbying harder than almost anyone for American crypto legislation, is now more comprehensively regulated in Europe than it has ever been at home. The Luxembourg license is not just a compliance milestone. It is a measuring stick for how far apart the two largest Western markets have drifted, and a live experiment in whether regulatory certainty actually converts into business, and eventually into token demand.
What Ripple actually won in Luxembourg The July 6 approval was the second half of a two-part regulatory build that Ripple has been assembling in the Grand Duchy for most of a year. The first half arrived on February 2, when the CSSF granted Ripple full approval as an Electronic Money Institution. The EMI license lets the company issue electronic money and run regulated fiat payment services across the European Union. It followed a preliminary EMI approval a month earlier and came shortly after Ripple picked up an EMI license and a cryptoasset registration from the UK’s Financial Conduct Authority, extending the same regulated posture to Britain.
The CASP license completes the picture on the crypto side. Under MiCA, a Crypto-Asset Service Provider authorization covers custody, exchange, transfer, and related services for cryptoassets. Ripple received preliminary CASP approval from the CSSF on June 23, then satisfied the remaining conditions in under 2 weeks, converting the in-principle nod into a full license just after MiCA’s transition period closed on July 1. As crypto.news reported, the timing put Ripple inside the licensed perimeter at the exact moment the perimeter became a hard wall.
The combination matters more than either license alone. With the EMI approval, European banks, fintechs, and corporates can move regulated fiat and e-money through Ripple. With the CASP approval, the same clients can move cryptoassets and stablecoin flows through the same provider under the same rulebook. Ripple Payments, the company’s cross-border settlement product, has processed more than $100 billion across more than 60 markets globally. The Luxembourg stack gives that product a clean legal wrapper in a bloc of roughly 450 million people, with one regulator to answer to and 30 countries to sell into.
Ripple says its global license count now exceeds 75 authorizations, registrations, and approvals, a portfolio that spans Singapore, Dubai, New York’s BitLicense regime, and now the heart of the EU. Few crypto-native companies carry anything comparable. That was a deliberate strategy long before MiCA existed: sell to banks, and you must look like something a bank compliance department can approve.
The graveyard on the other side of the deadline The value of a MiCA license is easiest to see in what happened to the companies that do not have one. The regulation’s transition period ended on July 1, 2026. From that date, any firm offering covered crypto services in the EEA without CASP authorization must limit or stop those services. The European Securities and Markets Authority added 57 newly approved firms to its register right after the deadline, bringing the total to around 300 authorized providers. Set that against the more than 1,200 firms that operated in Europe under the old patchwork of national regimes, and the scale of the cull becomes clear. By some counts, only around 210 of those incumbent companies completed the licensing process in time.
The casualty list includes names that would have seemed untouchable 2 years ago. Binance, the largest exchange in the world by volume, failed to secure authorization in time through its Greek application and has told customers in several European markets that services are suspended while it seeks approval elsewhere. Tether chose not to apply at all, citing objections to MiCA’s stablecoin requirements, and USDT has been delisted from European venues as a result. Hundreds of smaller firms now face a choice between merging with licensed competitors, shrinking to non-covered activities, or exiting the region entirely.
The passporting mechanism is what makes a single national license so valuable. Under MiCA, a firm authorized in one member state can offer covered crypto services throughout the EU and the wider EEA without seeking separate national approvals, the same single-market logic that has governed European banking and investment services for decades.
Before MiCA, a crypto company wanting continental coverage needed a patchwork of national registrations, each with its own rules, timelines, and supervisory quirks, and each revocable on its own schedule. After MiCA, the choice of home regulator became a strategic decision, because one supervisor now stands behind a firm’s entire European footprint. That concentration cuts both ways.
A company with a Luxembourg license answers to a regulator with a long institutional finance pedigree and a reputation for rigor, which reassures bank counterparties. It also means a single supervisory dispute could, in theory, imperil access to 30 markets at once. Firms accepted that trade because the alternative, 30 separate relationships, was worse.
Luxembourg, meanwhile, has become one of the main gateways for the firms that made it through. Coinbase won its MiCA license from the CSSF in June 2025, opened a physical hub in the country, and migrated its EU operations into a dedicated Luxembourg entity.
Standard Chartered received its authorization through the same regulator. B2C2 took the Luxembourg route for its European trading business. Ripple now joins that group, which turns the Grand Duchy into something like the institutional crypto capital of the EU, a jurisdiction that courted the industry with dedicated blockchain legislation and a regulator willing to process serious applications quickly.
For Ripple specifically, the competitive math is straightforward. Every payments client it pitches in Europe now faces a shrunken menu of fully licensed providers. The company spent years and considerable money building a compliance posture that most rivals treated as optional. MiCA just made it mandatory, and Ripple crossed the line while much of the field did not.
The license lands on top of an institutional build-out The Luxembourg approval did not arrive in isolation. It caps 12 months in which Ripple assembled more institutional infrastructure than in the previous decade combined, which is what makes the token’s indifference so striking and the license so strategically loaded.
Start with the prime brokerage. Ripple closed its $1.25 billion acquisition of Hidden Road in October 2025, folding a multi-asset prime broker into the company and rebranding the operation as Ripple Prime. On March 2, 2026, Ripple Prime appeared in the participant directory of the National Securities Clearing Corporation, the DTCC subsidiary that clears the vast majority of American equity trades.
The Depository Trust and Clearing Corporation processes transactions measured in the quadrillions of dollars annually and safeguards roughly $100 trillion in assets. Having XRP-linked infrastructure inside that machine is the kind of positioning that takes years to arrange and cannot be improvised later. DTCC has since named Ripple Prime to the industry working group of more than 50 firms shaping its tokenization service for Russell 1000 stocks, major ETFs, and US Treasuries, scheduled to launch in October 2026.
Then the ledger itself. Tokenized real-world assets on the XRP Ledger grew from $991 million at the start of 2026 to roughly $3.5 billion by midsummer. In early May, JPMorgan, Mastercard, Ondo Finance, and Ripple completed the first cross-border tokenized US Treasury redemption on XRPL, clearing in under 5 seconds.
Daily transactions on the ledger hit 3 million on March 15, roughly triple the averages of mid-2025. RLUSD, the stablecoin at the center of Ripple’s settlement strategy, reached a market capitalization of $1.72 billion in under a year, with more than $18 billion in transfer volume in the first quarter of 2026 alone. And in July, Ripple joined Open USD, the consortium dollar stablecoin backed by Visa, Mastercard, Stripe, BlackRock, and more than 140 other companies, hedging its own stablecoin bet with a seat at the industry table.
Every item on that list is the kind of development that, in a friendlier market, would have carried its own rally. Instead, each landed on a chart grinding lower, which is a useful reminder of how much of crypto pricing in 2026 is macro beta and how little is project-specific fundamentals. The relevance to the Luxembourg story is this: the license is not a standalone trophy. It is the regulatory layer of a stack that now includes clearing access, tokenization rails, a stablecoin, and a prime broker. Europe is where that full stack can operate legally today.
Meanwhile in Washington: a bill, a deadline, and seven missing votes The contrast with the United States is not subtle. The CLARITY Act, the market structure bill that would sort digital assets into commodity and security buckets and hand spot market oversight of digital commodities to the Commodity Futures Trading Commission, has traveled further than any crypto legislation in American history. The House passed it 294 to 134 in July 2025. The Senate Banking Committee advanced its version 15 to 9 on May 14, 2026, with Democrats Ruben Gallego and Angela Alsobrooks crossing over. The bill sits on the Senate Legislative Calendar, eligible for a floor vote whenever leadership schedules one.
And there it sits. A unified draft merging the Banking and Agriculture Committee texts, reportedly more than 70 pages longer than the earlier versions and heavier on consumer protections, is expected as soon as the week of July 13, with floor action targeted for the week of July 20. The Senate breaks for recess on August 7.
Senator Cynthia Lummis has warned that failure in this window likely means no market structure law before 2030. Galaxy Research has lowered its passage odds for 2026 to 50%, down from 75% right after the committee vote, and Stifel’s Washington strategist has written that the bill’s prospects deteriorate materially if it misses the recess deadline.
The blockage is not primarily about crypto. It is about ethics. Senate Democrats have demanded language barring senior government officials, including the president, from holding business interests in the crypto industry, a demand aimed squarely at the Trump family’s estimated $2.3 billion in crypto exposure across memecoins, World Liberty Financial, and mining ventures.
The White House has said it will accept rules that apply across the board but not language that singles out one officeholder. A tentative compromise involving state attorney general enforcement fell apart. Even Gallego and Alsobrooks have said their floor votes depend on the ethics fix. As crypto.news covered, disputes over vacant SEC and CFTC commissioner seats have layered a second standoff on top of the first.
Two more fault lines complicate the count. Senator Amy Klobuchar has proposed an amendment that would block new CFTC rules from taking effect until at least four commissioners are confirmed, effectively turning the agency staffing dispute into a statutory switch on the entire regulatory framework the bill would create. CFTC Chair Selig has pushed back, arguing on July 9 that the bill is being derailed by matters extraneous to its substance and that the agency does not need a quorum to write rules.
And law enforcement groups have raised objections to Section 604, the developer protection language drawn from the Blockchain Regulatory Certainty Act, worried it could complicate illicit finance cases. Senator Ron Wyden countered on July 8 with a letter to Senate leadership urging that the BRCA provisions be preserved, giving the DeFi industry its one clear win of the month. Lummis, for her part, has answered the illicit finance critique by pointing to more than 16 safeguards in the text and $150 million in dedicated enforcement funding.
Add it together, and the arithmetic is unforgiving. Three working weeks remain in July, a defense spending bill competes for floor time, and every unresolved dispute needs to close simultaneously for 7 Democrats to move. The committee vote on May 14 offered a preview of what passage would be worth: within an hour of the 15-9 result, Bitcoin jumped to $81,449, and XRP gained 4.5% on the day. Citi has a $143,000 Bitcoin target and Standard Chartered a $150,000 target contingent on the bill becoming law. Markets have, in other words, priced regulatory clarity as a real asset. The Senate simply has not delivered it.
So the American question that matters most to Ripple, whether XRP is a digital commodity under CFTC oversight or something the SEC can still reach, remains formally unanswered. The 2023 court ruling in the SEC’s case against Ripple found that programmatic sales of XRP on exchanges were not securities transactions, and the SEC case itself ended in a settlement in 2025. But a court ruling in one district and a dropped enforcement action are not a statute. They are precedents that a future administration, a future commission, or a future judge could narrow. That is precisely the uncertainty the CLARITY Act exists to remove, and precisely the uncertainty Europe has already removed for Ripple’s payments business.
Does a license move a token? Here is where the bull case and the bear case split, and both deserve a fair hearing.
The bear case is blunt: the Luxembourg license is a company milestone, not a token catalyst. Ripple’s own announcement barely mentions XRP. The approval covers Ripple’s regulated payments services, not its tokens, and MiCA runs a separate authorization track for stablecoins that RLUSD has not yet cleared. Until that happens, Ripple’s own dollar token cannot be offered to the European public, a gap rivals like Circle’s USDC do not have.
Most Ripple Payments volume today settles in RLUSD or fiat, not XRP, and where XRP does route payments across the XRP Ledger, the fees burned per transaction amount to fractions of a cent. When the preliminary CASP approval landed in June, XRP fell about 3% that week alongside the broader market. The market looked at the news and, quite rationally, did not treat it as a buy signal.
The token’s price action through 2026 supports that reading. XRP peaked near $3.65 in July 2025, closed last year around $1.90, and has spent this summer defending the $1 level, trading recently in the $1.05 to $1.13 range. None of Ripple’s regulatory wins arrested the slide, because the slide was never about Ripple. It tracked a market-wide drawdown that pulled Bitcoin below $60,000 and cut altcoins far deeper.
The bull case asks for a longer clock. Regulatory moats compound slowly. Ripple can now sell regulated crypto payments to European banks and corporates at a moment when much of its competition legally cannot, and enterprise procurement cycles that begin in 2026 produce volume in 2027 and 2028. If that volume increasingly touches the XRP Ledger, whether through On-Demand Liquidity corridors, RLUSD flows that settle on XRPL, or tokenized asset activity, the token accrues usage that exists independently of speculative sentiment.
Institutional demand channels are also open in a way they were not a year ago: spot XRP ETFs have logged roughly $1.49 billion in cumulative net inflows since launching in November 2025, and as crypto.news noted, that streak recently stretched to 8 consecutive weeks even as the price languished. Standard Chartered and JPMorgan have both projected $4 to $8.4 billion in first-year ETF inflows if the CLARITY Act passes and unlocks allocators who cannot touch unclassified assets.
The honest synthesis is that the license changes Ripple’s revenue trajectory with high confidence and XRP’s demand trajectory with low confidence. The link between the two runs through actual ledger usage, and that is a metric to watch, not a headline to trade.
The deeper pattern: Two systems, two bets Step back from Ripple and the transatlantic gap looks like two different theories of how to regulate an industry.
Europe chose comprehensiveness first. MiCA is a single rulebook, written once, applied across 30 countries, with a hard deadline and real exclusion for non-compliance. Its critics have a point: the regime’s stablecoin rules, including a blanket ban on interest and heavy bank-deposit reserve requirements, pushed the largest stablecoin issuer on earth out of the market, and the European Commission has already opened a consultation on whether parts of the framework need repair. A rulebook that excludes Tether and stalls RLUSD is not obviously optimized for growth. But it exists, it is enforceable, and a company that clears it knows exactly where it stands.
The United States chose litigation first and legislation later, maybe. The SEC’s enforcement campaign defined the rules by lawsuit, Ripple’s case being the canonical example, and the current Congress is attempting to replace that regime with statute under intense time pressure and presidential conflict-of-interest baggage that no other financial bill has ever carried. The fallback if CLARITY fails is the SEC’s administrative framework known as Regulation Crypto, which Chair Paul Atkins has described as a bridge to legislation. A bridge built by one commission can be dismantled by the next, which is exactly the problem statutes exist to solve. Similar dynamics played out in the stablecoin fight that preceded this one, where, as crypto.news reported, even a bill that eventually passed spent months hostage to fights over state versus federal authority.
For a company like Ripple, which sells to the most conservative buyers in finance, the European bet pays off immediately, and the American bet pays off only if Congress acts. Cross-border payments are also a business where network effects follow regulatory access. Japan already shows what deep institutional integration looks like, with SBI running XRP-based remittance corridors that have no real American equivalent, a story crypto.news has examined in depth. Europe is now the second major bloc where Ripple can attempt that playbook with full regulatory cover. The United States, the company’s home market, is the one place where it still cannot.
There is one more wrinkle worth naming. If the CLARITY Act does pass before the August recess, the transatlantic gap closes fast, and it closes in a way that favors assets with existing institutional plumbing. XRP would enter CFTC jurisdiction as a digital commodity with ETFs already trading, a prime brokerage arm already inside the DTCC’s clearing ecosystem, and a European license portfolio already generating regulated volume. The pieces would connect. If the bill dies, the gap becomes the story for another year at minimum, and Ripple’s center of commercial gravity keeps shifting toward jurisdictions that gave it an answer.
What to watch from here Three markers will tell the story faster than any press release.
First, RLUSD’s European stablecoin authorization. The EMI license gives Ripple the corporate foundation to seek approval for its stablecoin under MiCA’s separate e-money token rules. Until that clears, the most natural settlement asset in Ripple’s European stack stays off the shelf for public offering, and the license story remains half finished.
Second, disclosed European client wins. Licenses are permission, not demand. The proof that regulatory certainty converts into business will arrive as named banks, payment providers, and corporates routing volume through Ripple Payments in the EEA. Watch for whether those announcements specify XRPL settlement or quietly settle in fiat and RLUSD, because that distinction is the entire XRP investment case in miniature.
Third, the Senate floor in the last 2 weeks of July. The merged CLARITY draft, the ethics compromise or its absence, and the 7-Democrat math will determine whether the United States joins Europe in giving Ripple a rulebook or hands the company another year of asymmetry. Either outcome is informative. One of them is also tradable.
The Luxembourg license will not move XRP this week, and anyone claiming otherwise is selling something. What it does is quietly settle an older argument. For years, skeptics said Ripple’s compliance-heavy strategy was expensive theater in an industry that rewarded speed over permission.
In Europe, in July 2026, permission became the product. The companies that skipped the theater are locked out of a market of 450 million people, and the company that endured 4 years of litigation from its own government is, for the moment, more welcome in Brussels than in Washington. That inversion says less about Ripple than it does about the two systems that produced it, and the next month will reveal whether the American half of the story finally catches up.
Ripple CEO Brad Garlinghouse has revealed that his company also shut down after the Securities and Exchange Commission (SEC) sued it in 2020. He highlighted how they faced a dilemma after the Commission sued them, seeing as the government had unlimited resources to see the lawsuit through to the end.
Ripple CEO Says The Crypto Firm Almost Shut Down In an appearance at the KU School of Business, Garlinghouse said that they almost decided to shut down the company after the SEC sued them. He noted that the government had “infinite power and resources,” signaling that they faced a tough decision about whether to challenge the lawsuit.
The Ripple CEO further remarked that shutting down the company would likely have been an easier choice. Under such a scenario, he said that they would have simply distributed their XRP holdings to shareholders on a pro rata basis and informed the SEC that they no longer held ay XRP since the Commission said it was a security.
However, he added that such a decision would have been a bad outcome, seeing as hundreds of people would have lost their jobs. In line with this, he said he was glad they did not make such a decision, although it wasn’t easy at the time. The SEC sued Ripple in 2020 over the sale of XRP, and both sides eventually settled the long-running lawsuit last year after the Trump administration took office.
It is worth noting that the SEC had also sued Garlinghouse and Ripple co-founder Chris Larsen, claiming that they had sold XRP as an unregistered security. However, Judge Analisa Torres eventually ruled that XRP was not a security in itself. Interestingly, the Ripple lawsuit judge recently handed Kalshi a major loss in its case against New York, ruling that New York state gambling laws apply to Kalshi’s sports-related event contracts.
XRP Community Member Reflects On The Journey Commenting on how far Ripple and XRP have come, community member BankXRP noted that Ripple’s U.S. business is fully back and that the company has secured licenses across multiple jurisdictions. As CoinGape reported, Ripple recently secured a new EU license, making it MiCA-compliant.
I remember December 2020 like it was yesterday.
SEC sues Ripple. Exchanges start delisting XRP overnight. Coinbase, one by one, others follow.
XRP is done. It’s over, sell before it goes to zero. Ripple is finished, the SEC just killed it.
For almost 2 years, that was the…
— 𝗕𝗮𝗻𝗸XRP (@BankXRP) July 11, 2026
Meanwhile, BankXRP added that institutional partnerships are stacking up globally for the crypto firm, while banks are building on the XRP Ledger (XRPL) rather than just talking about it. “The same “dead” project people wrote off in 2020 is now sitting at the center of institutional adoption,” he said.
The XRP community member also declared that bear markets and lawsuits do not kill real conviction; rather, they just test who actually understood the thesis in the first place.
For more on regulated crypto firms, please check out Best Regulated Crypto Exchanges in Europe in July 2026 – MiCA Compliant List
BNB Chain uvedla, že BSC dosáhl do června 2026 propustnosti asi 5 200 TPS, téměř dvojnásobku oproti 2 800 na začátku roku. Ve 2. pololetí 2026 cílí na další dvojnásobné zvýšení propustnosti.
BNB Chain reported that its Binance Smart Chain (BSC) network has achieved a benchmark throughput of approximately 5,200 transactions per second (TPS) by June 2026, almost doubling its TPS from 2,800 at the beginning of the year. BNB Chain is a leading blockchain platform recognized for prioritizing scalability and speed across its ecosystem.
BSC performance improves in 2026The network reduced its block interval from 750 milliseconds to 450 milliseconds in the first half of 2026, decreasing the time users wait for new blocks to be added and resulting in faster transaction confirmations for developers and applications. BNB Chain also reported that its memory finality improved from 1,125 milliseconds to 650 milliseconds, further reducing the time required to consider transactions as finalized.
BNB Chain highlighted a significant year-to-date rise: “Block intervals: 750 ms to 450 ms, memory finality: 1,125 ms to 650 ms, benchmark throughput: 2,800 to 5,200 TPS. H2 goes further, targeting another 2x throughput increase.”
In parallel, network throughput reached the 5,200 TPS milestone, allowing the BSC to process far more transactions per second than at the start of 2026. This growth serves BNB Chain’s growing user and developer base, which requires higher performance for both decentralized applications and token transfers.
Mini dictionary: Block interval refers to the time between the creation of two consecutive blocks in a blockchain, impacting how quickly new transactions can be processed. Memory finality is the time it takes for a transaction to be confirmed as irreversible on the network.
MetricJanuary 2026June 2026Block Interval750 ms450 msMemory Finality1,125 ms650 msBenchmark TPS2,8005,200Key engineering upgrades fuel gainsBNB Chain attributed its recent performance improvements to a series of technical upgrades. Key enhancements included the Block-Level Access List (BAL), which enables transaction data to be prepared before execution, increasing efficiency and laying the groundwork for parallel processing in future updates.
Another key upgrade, Incremental Snapshot, allows new or delayed nodes—computers responsible for helping operate the blockchain—to synchronize more quickly with the active chain. Enhancements to the Ethereum Virtual Machine (EVM), known as EVM SuperInstruction, seek to reduce unnecessary repeat executions, boosting overall throughput. The introduction of Extended Voting Rules is designed to maintain transaction finality even under challenging network conditions.
Mini dictionary: BSC, or Binance Smart Chain, is a blockchain network built for running smart contract-based applications with high throughput and lower transaction fees, operating alongside Binance Chain.
H2 roadmap aims for further scalingFor the second half of 2026, BNB Chain is targeting another twofold increase in throughput on BSC’s mainnet, forming part of a broader multi-year strategy to achieve a tenfold performance boost. The roadmap outlines plans to implement BEP-675 upgrades and additional fine-tuning of the BAL to further raise network capacity.
Additional roadmap goals include more robust congestion control measures to ensure stable network performance during periods of high demand. The decision to introduce dedicated lanes aims to limit interference between different applications operating on the blockchain.
BNB Chain is also preparing new gas fee models designed for specific business segments, aiming to optimize transaction cost structures for various user groups. The team is developing a new Layer 1 chain architecture with the ambition of reaching over 100,000 TPS and achieving sub-50 millisecond transaction preconfirmation times.
Mini dictionary: BEP-675 is a proposed protocol enhancement for the BSC, aiming to optimize transaction execution and throughput by enabling improved parallel processing and resource management.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
UNDP spustil blockchainové platby pomoci na blockchainové síti Stellar ve 17 zemích. Pět pilotních projektů už v Haiti, Sýrii, Keni, Guatemale a Gambii zajišťuje výplaty a remitence.
The United Nations has formally expanded its use of blockchain technology to deliver humanitarian aid, implementing a broad deployment of digital payment solutions based on the Stellar network. The initiative transitions from initial pilot programs into live, real-world implementation across multiple countries.
UNDP adopts Stellar for global aid deliveryThe United Nations Development Programme (UNDP), a leading agency focused on poverty reduction and sustainable development, has introduced blockchain-based payment pilots in 17 countries. Five of these pilots—in Haiti, Syria, Kenya, Guatemala, and Gambia—are actively facilitating aid distribution and cross-border remittance flows via the Stellar network.
The next step for UNDP is to integrate these digital payments with over 170 of its country-level programs or representative offices. This move could significantly expand the organization’s reach and efficiency in distributing assistance.
The UNDP aims to standardize digital aid flows using Stellar’s blockchain, setting a benchmark for transparency, speed, and cost-effectiveness in humanitarian finance.
Partnerships and platform benefitsStellar, developed by the Stellar Development Foundation, is a decentralized blockchain designed to facilitate affordable, fast, and auditable financial transactions globally. It enables instant payments, supports stablecoins and asset issuance, and is particularly suited to emerging markets with its 3-5 second transfer completion times and minimal transaction fees.
Key partners in the project include UNDP itself, the Stellar Development Foundation, local non-governmental organizations, and various regional payment gateways. Their collaboration seeks to deliver not only humanitarian aid but also a model for compliant wallets, robust KYC/AML protocols, and the availability of stablecoins on the Stellar network.
Mini dictionary: Stellar Development Foundation, the non-profit behind Stellar, works to expand access to low-cost global payments and financial services using blockchain technology.
Developers working with Stellar view this partnership as an opportunity to further deploy tailor-made wallets, introduce compliance tools, and issue local stablecoins for direct aid transfers.
Impact on stakeholders and regulatory frameworkFor financial institutions, custodians, and exchanges, the initiative promises new fiat channels as on and off-ramps in regions with previously limited digital infrastructure. This gives real-world credibility and measurable use cases for public blockchain payments in the humanitarian sector.
At the same time, investors and institutional players can track transparent and auditable streams of aid, enhancing trust in the system. Regulators also gain a model for supervised digital asset payments within an established global framework.
Bringing digital payments to over 170 UNDP offices could create a unified standard for humanitarian aid, potentially inspiring other agencies to adopt similar systems.
CountryStatusMain Use CaseHaitiActive pilotHumanitarian aid distributionSyriaActive pilotAid payments/remittancesKenyaActive pilotHumanitarian remittancesGuatemalaActive pilotAid distributionGambiaActive pilotRemittance paymentsChallenges and future outlookUNDP’s move with Stellar marks a departure from earlier periods of retail-driven blockchain adoption, which focused largely on speculative trading. Instead, the current shift is driven by direct use-value and the goal of global financial inclusion.
Despite the positive momentum, several challenges remain. These include ensuring compliance with varied local laws, overcoming barriers in internet access, and maintaining liquidity for widespread, effective use.
If the Stellar network is successfully rolled out across most UNDP programs, it could establish a standard for digital payments throughout the United Nations system. Other agencies might then replicate this approach for more transparent and efficient aid delivery worldwide.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Circle v roce 2024 zaplatila Coinbase 908 milionů USD za distribuci USDC a sdílení výnosů, což bylo asi 54 % jejích celkových výnosů. Smlouva se má znovu projednat v srpnu 2026.
Circle, the company behind the USDC stablecoin, paid Coinbase $908 million in distribution costs and revenue sharing during 2024. That figure represents roughly 54% of Circle’s total revenue for the year, making Coinbase less of a distribution partner and more of a landlord collecting majority rent.
The arrangement, formalized through a Collaboration Agreement that took effect on August 18, 2023, is approaching its first major renewal window in August 2026.
The economics of a lopsided partnership Coinbase earns 100% of the reserve interest generated on USDC held directly on its platform. For USDC held anywhere else in the world, Coinbase still collects 50% of that interest income.
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For Coinbase, stablecoin-related revenue is projected to reach approximately $1.35 billion in 2025. USDC-related activities accounted for roughly 13.8% of Coinbase’s total revenue in 2024, a figure large enough that any disruption to the partnership would show up clearly in quarterly earnings.
How we got here The current arrangement replaced a previous structure called the Centre Consortium, a joint venture that both companies operated together. When they restructured in August 2023, Circle took sole governance and issuance control of USDC.
As part of that restructuring, Coinbase also took an equity stake in Circle. The Collaboration Agreement runs on an initial three-year term through August 2026, with automatic three-year renewals that depend on performance metrics.
Coinbase’s wandering eye In June 2026, Coinbase endorsed Open USD, a rival stablecoin project. The market reaction was swift: Circle’s stock price dropped more than 17%.
What this means for investors The August 2026 renewal window is the most important date on the calendar for anyone with exposure to either company or to USDC itself. A renegotiation that shifts more revenue toward Circle would hurt Coinbase’s stablecoin income, while a deal that maintains the current structure keeps Circle’s margins under pressure.
For Coinbase investors, the $1.35 billion in projected stablecoin revenue for 2025 represents a substantial revenue stream. Stablecoin demand tends to persist even during bear markets, since traders use stablecoins to park capital, making this revenue line more resilient than Coinbase’s trading fee income.
If Coinbase actively promotes rival stablecoins on its platform, the 50% revenue share on off-platform USDC becomes less valuable as total USDC circulation potentially shrinks. Circle would then face the worst of both worlds: paying high distribution costs on a shrinking asset base.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Hyundai Card na Avalanche vypořádala mezifiremní převod 20 000 USD v USDT za zhruba 7 minut, oproti 3 až 4 hodinám přes bankovní infrastrukturu. V Evropě chystá pilot s Visa a Circle na konec července 2026.
10 July 2026 | 19:31 Hyundai Card settled a $20,000 intercompany transfer between U.S. and Mexico affiliates in about seven minutes using USDT on Avalanche, with a European pilot involving Visa and Circle scheduled for late July 2026.
The pilot matters not because of the amount moved, but because it treats stablecoins as corporate treasury infrastructure rather than as a crypto investment product.
Key Takeaways $20,000 converted to USDT on Avalanche, settled in an average of 7 minutes, versus 3 to 4 hours through interbank rails. Participants included Hyundai Card, Hyundai Motor America, Hyundai Motor Mexico, Tether, Ava Labs, and Axiym. European subsidiaries, multi-currency, with Circle (USDC/EURC) and Visa as partners, scheduled to begin end of July 2026. South Korea’s Foreign Exchange Transactions Act does not recognize stablecoins as a legitimate cross-border payment instrument. Seven Minutes From Dollars to Dollars Hyundai Motor America converted $20,000 into USDT, transferred the tokens over Avalanche to Hyundai Motor Mexico, and the Mexican entity converted the stablecoin back into fiat on arrival. End-to-end, including verification and reconversion, the process averaged seven minutes. The same transaction routed through correspondent banking would ordinarily require three to four hours at minimum, with additional intermediary hops and per-hop fees.
The important qualifier from Hyundai Card is that this was an actual intercompany settlement, not a sandbox test with synthetic funds. Real corporate money moved between real subsidiaries for a real reconciliation purpose. That distinction is what separates this from the dozens of blockchain proofs of concept that never leave a lab environment.
Why Avalanche, and Why It Matters for Enterprises Hyundai is not using Avalanche the way a retail wallet user would. The architecture Ava Labs offers to corporates is the Subnet, a permissioned environment where only approved validators process transactions and where the parent company can dictate the rules of the network.
For a multinational, three properties of this design carry weight: Validator geofencing. European transactions can be routed exclusively through validators located in approved jurisdictions, which addresses data-residency requirements under EU compliance frameworks. Gas abstraction. Instead of forcing every subsidiary to hold AVAX to pay for transactions, the parent can operate a corporate-funded or zero-gas model. Subsidiaries interact with the rail as if it were an internal system. Access control. Whitelisted wallets and pre-approved smart contract interactions replace open-network exposure. Few, if any, of these features exist in the same form on an unpermissioned public chain. They are the reason enterprise stablecoin pilots have tended to converge on subnet-style or permissioned architectures rather than on unmodified Layer 1 rails.
The Compliance Layer Is the Real Product The technology piece of a seven-minute cross-border transfer is not, on its own, novel. What Hyundai Card actually built, and the reason the pilot is being treated as significant, is the compliance scaffolding around the transfer.
According to the company’s disclosure, Hyundai Card led reviews of accounting treatment, tax exposure, legal standing, and internal-control frameworks across both jurisdictions before running the transfer. The design depends on whitelisted corporate wallets, KYC and AML controls at the entity level, pre-approved smart contract access, and stablecoins whose issuers, Tether and Circle, can freeze tokens if a compliance event occurs.
That last property is a feature for a corporate treasurer and a bug for a decentralization purist. For Hyundai, the ability to freeze tokens in a compromise scenario is precisely what makes the rail acceptable to auditors and internal risk committees.
The Accounting Question the Press Release Skips Stablecoins are pegged to fiat, but under standard IFRS treatment they are generally not classified as cash equivalents, because they are not central-bank legal tender. The likely accounting path for the $20,000 in the Hyundai pilot is a three-step recognition: short-term digital asset or financial instrument on the sending side, intercompany receivable and payable during the transit window, and cash on the receiving side after reconversion.
The seven-minute transit window is significant, and not merely for its speed. A short window sharply reduces the risk of a realized FX difference materializing between the moment the asset leaves one balance sheet and the moment it arrives on another. In a three-to-four-hour correspondent transfer, that risk is measurable. In a seven-minute settlement, it is close to negligible.
This is where the reduction in settlement time translates into a specific accounting benefit, not merely a convenience.
Phase Two Changes the Test The U.S. to Mexico pilot moved dollar value between two dollar-linked entities. That is the easiest possible test case. The European phase, with Circle and Visa as new partners, changes the economic question.
Circle can support a dual-stablecoin structure using USDC on the dollar side and EURC on the euro side. That opens the possibility of on-chain foreign-exchange conversion through stablecoin liquidity pools or through Circle’s own settlement routes, rather than through bank-provided FX spreads. Visa’s contribution is corporate payout infrastructure: prefunding, fiat exit routes, and integration with local bank account rails.
The real measurement in Phase Two is not settlement speed, which has already been demonstrated. It is whether the total cost of a multi-currency intercompany transfer, including FX conversion, comes in below the equivalent bank-provided route.
The Korean Regulatory Contradiction The pilot’s commercial ambitions must be weighed against South Korea’s regulatory stance, which is where the true tension in this narrative lies.
Korean authorities have moved to exclude dollar-backed stablecoins including USDT and USDC from the recognized scope of corporate digital-asset activity. The Foreign Exchange Transactions Act does not formally recognize stablecoins as a legitimate means of cross-border payment. The Bank of Korea has consistently leaned toward a central-bank digital currency and bank-issued deposit tokens as its preferred settlement instruments rather than private stablecoins.
That preference is already operational. The BOK’s Project Hangang has moved into its second phase, expanding to nine commercial banks and adding P2P transfers and AI-agent payment capabilities, while the Digital Asset Basic Act that would govern private stablecoin issuance remains delayed.
Against that backdrop, a Hyundai Motor Group subsidiary is running production-ready stablecoin remittance rails using USDT and preparing to test USDC and EURC. The commercial pull of faster and cheaper settlement is running ahead of the domestic regulatory framework, and the pilot effectively puts corporate weight behind the argument that Korean rules need to be updated.
The framing here is not that Hyundai is defying regulators. It is that a multinational operating under multiple jurisdictions is building infrastructure for a use case its home regulator has not yet blessed, and doing so publicly.
The Limits of a $20,000 Test The pilot proves that a $20,000 intercompany transfer can settle in seven minutes with full compliance review across two jurisdictions. It does not prove that the same architecture scales to hundreds of transfers per day across a dozen currencies with FX efficiency intact. Phase Two is designed to test exactly that.
It also does not resolve the accounting classification question in a way that generalizes to every corporate. IFRS treatment of stablecoins remains an evolving area, and the answer for a Korean conglomerate operating in the U.S. and Mexico may not translate directly to a European manufacturer operating in Asia.
If the European phase shows a favorable cost result once fees, spreads, and reconversion are aggregated, the case for corporate stablecoin treasury rails moves from operational curiosity to competitive necessity. If it does not, the pilot remains a speed story rather than a cost story.
The distinction matters because CFOs approve budgets against cost savings, not against settlement latency.
This article is for informational purposes only and does not constitute financial, investment, tax, or legal advice. Always conduct your own research before making decisions related to digital assets or corporate treasury strategies.
Author
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
Stablecoinová nabídka na Avalanche za sedm dní vyskočila o 46 % na více než 1,8 miliardy USD. Síť tím přeskočila Plasma i XRP Ledger a posunula se na 11. místo mezi stablecoinovými sítěmi.
Avalanche Stablecoin Supply Jumps 46% in Seven DaysAvalanche's stablecoin supply has posted one of its sharpest weekly gains on record. According to data shared by @BSCNews, the total stablecoin supply on @Avax surged 46% in just seven days, pushing the figure above $1.8 billion at time of writing. The move has lifted $AVAX into 11th place among all stablecoin networks globally, overtaking both @Plasma and @ripple's $XRP Ledger in the process.
The milestone is notable not just for its speed but for the broader trajectory it reflects. According to Token Terminal data, the combined market cap of stablecoins and tokenized funds on Avalanche climbed from roughly $1.2 billion in January 2024 to just above $2 billion in January 2026, representing a roughly 70% increase over two years. The latest weekly spike suggests that pace is now accelerating.
Institutional Momentum and Network Growth Behind the MoveThe stablecoin surge does not exist in isolation. Avalanche has been building institutional momentum across several fronts in 2026. Avalanche formally launched the Avalanche Payments Collective, an alliance of 28 major organisations including Franklin Templeton, VanEck, and Paxos, aimed at unifying stablecoin settlement, treasury infrastructure, and foreign exchange into a single blockchain-based framework spanning more than 150 countries.
Major financial institutions such as J.P. Morgan, Apollo, and Citi are also using Avalanche for real-world asset tokenization and backend infrastructure. That institutional engagement has helped attract deeper stablecoin liquidity to the network, providing a structural foundation beneath the latest supply figures.
On the technical side, Avalanche's C-Chain can process roughly 88% more transaction throughput than Ethereum while pricing transactions at approximately one-fiftieth of the cost, and it can rapidly increase block size during periods of high demand. Those performance characteristics make it a practical choice for stablecoin issuers and settlement-focused applications looking for speed and low cost.
The credit for building the infrastructure that underpins these results sits largely with the @AvaLabs team, whose continued development work has positioned Avalanche as a credible institutional-grade settlement layer heading into the second half of 2026.
Sources:
Yahoo Finance: Avalanche posts 70% surge in stablecoin and tokenized fund market cap in 2 years
VanEck: Avalanche 201, The Institutional Platform
DefiLlama: Avalanche Stablecoin Market Cap and Supply
Gate zaznamenal za 7 dní čisté odlivy 207 milionů USD po tvrzení uživatele o krádeži 1,7 milionu USD. Burza poté vydala omluvu a slíbila plné vyšetření.
The exchange recorded $207 million in net withdrawals over seven days following a high-profile user theft claim that spread rapidly across crypto social media. The outflows came after a verified Gate.io user, posting under the handle @jheioff on X, alleged that $1.7 million had been drained from their account despite having every security layer the platform offers turned on.
What actually happened The user claimed their account was compromised through unauthorized changes to their security settings, even though real-name verification, two-factor authentication, and email notifications were all active. Gate.io’s initial response made things worse, not better. The exchange pushed back, saying the actions on the account appeared to be user-initiated and that no systemic breach had occurred. Gate.io CEO Dr. Han stated publicly that the situation was fully disclosed and that customer assets faced no systemic risk.
Widespread criticism followed across X and other platforms, with users questioning whether the exchange’s security architecture was sound and, more pointedly, whether Gate.io would take any financial responsibility for the alleged loss. The backlash was loud enough that Gate.io eventually reversed course, issued an apology, and committed to a full investigation.
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The apology came. The $1.7 million, as far as public reporting shows, did not.
Why users started pulling funds The $207 million in net outflows over seven days is a direct expression of that calculus. This pattern is not new for Gate. In 2023, the exchange experienced withdrawal spikes ranging from $148 million to $176 million, triggered not by a confirmed exploit but by rumors circulating online. The 2026 incident follows a similar script, except this time there is an actual user with an actual claim attached to an actual dollar figure.
Gate.io’s history adds texture to the current anxiety. The exchange has faced scrutiny over a purported 2018 incident that some analysts have connected to roughly $230 million in losses that were never publicly disclosed by the platform. Gate.io has not confirmed that characterization, but the historical narrative exists and resurfaces every time the exchange finds itself in a security headline.
What this means for the broader market For Gate.io specifically, the sustained nature of the outflows, seven days of net withdrawals rather than a single-day panic, suggests this is not pure noise. A one-day spike can be dismissed as overreaction. A week of consistent net outflows is a platform bleeding trust in slow motion.
For traders still holding funds on Gate.io, the investigation timeline is the key variable to watch. If the exchange produces a transparent account of what happened and offers some form of restitution to the affected user, it has a path back to stability. If the inquiry goes quiet, the $207 million in outflows is unlikely to be the final number.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Senátní demokraté požádali o slyšení kvůli Trumpovým kryptoměnovým příjmům přes 1,4 miliardy USD a možnému zapojení SAE. Zpochybňují také 49% podíl ve World Liberty Financial.
Five Democratic senators have formally requested congressional hearings to investigate US President Donald Trump’s extensive cryptocurrency revenues and potentially undisclosed foreign involvement. The senators cited concerns regarding the influence of international investors on American policy and the possibility of national security risks.
Financial disclosures reveal massive crypto earningsThe investigation request follows Trump’s 2025 financial disclosure, which reported a total income of more than $2.24 billion for the year. This included over $1.4 billion related to cryptocurrency activities. His earnings came from dealings with the memecoin sector and World Liberty Financial, a blockchain-focused financial platform.
Detailed figures in the filing attributed roughly $515 million to World Liberty Financial token sales, $65 million to an ownership stake in its parent entity, and $635 million from royalties tied to Trump-branded memecoin initiatives.
Senators Elizabeth Warren (Massachusetts), Richard Blumenthal (Connecticut), Gary Peters (Michigan), Dick Durbin (Illinois), and Ron Wyden (Oregon) initiated the call for hearings. These five serve as senior members of various Senate committees but lack the authority to organize official hearings without Republican cooperation.
Scrutiny over UAE investment in World Liberty FinancialThe senators drew attention to a United Arab Emirates–linked company’s alleged acquisition of a 49% stake in World Liberty Financial. The transaction reportedly involved an entity connected to Sheikh Tahnoon bin Zayed Al Nahyan, who is the UAE’s national security adviser and an influential figure in the Gulf region.
In their correspondence, the senators demanded full transparency regarding the “Third Parties” named in Trump’s financial disclosures. They also questioned whether foreign interests—including the UAE government—have possibly influenced the shaping of US digital asset regulations.
Earlier this year, Representative Ro Khanna initiated a House inquiry into the UAE’s role, probing whether its investment related to policy changes covering US export restrictions on artificial intelligence chips. World Liberty Financial described that inquiry as politically motivated.
Trump addressed questions about these transactions in a CNBC interview, where he stated that his earnings complied fully with all laws. He said his son Eric is responsible for overseeing business operations, while outside companies manage his portfolio.
The White House maintained that Trump’s assets are contained within a trust managed by his children, a structure designed to prevent conflicts of interest.
Mini dictionary: World Liberty Financial, a blockchain-focused platform known for issuing financial instruments and crypto tokens, operates internationally and has attracted significant investments from global entities.
The senators pointed to foreign ownership stakes and demanded that Trump reveal whether any UAE government or third-party interests have shaped US cryptocurrency policies or legislation.
Upcoming crypto legislation and political falloutThe Democratic lawmakers also highlighted the timing of the anticipated Senate vote on the Digital Asset Market Clarity Act. The act, aimed at clarifying the regulatory framework for cryptocurrencies, is set to move to the Senate floor in the coming weeks.
Senate rules require 60 votes to advance most legislation, making Democratic support essential for Republicans to overcome a filibuster and pass the bill. While some Republicans like Senator Cynthia Lummis support prompt approval, others such as House Financial Services Committee chair French Hill acknowledged that Trump’s deep involvement in cryptocurrency businesses has complicated the legislative process.
In a separate development, a law blocking the Federal Reserve from introducing a central bank digital currency until the end of 2030 has advanced. Trump did not veto the legislation or hold the planned signing event, allowing the measure to automatically become law after a ten-day period.
IssueCurrent StatusImpacted PartiesTrump’s crypto earnings$1.4 billion for 2025Trump, World Liberty FinancialUAE investment49% stake in World Liberty FinancialUAE-linked entity, Trump portfolioCBDC BanEnacted, in effect until Dec 31, 2030Federal Reserve, US consumersClarity ActAwaiting Senate voteLawmakers, crypto industryRepublicans continue to control both chambers of Congress and, so far, have not answered requests from Democratic senators to hold investigative hearings into these matters.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
