The Polkadot community has opened a vote on a proposal for pUSD, a native stablecoin backed entirely by DOT tokens , through a governance referendum currently underway on the network’s “Wish for Change” track. The proposal, detailed in RFC-155 and authored by Bryan Chen, would deploy the stablecoin on Polkadot Asset Hub using the Honzon protocol previously employed by Acala’s failed aUSD project. At the time of writing, Aye holds 74.62%, while Nay holds 25.40%, against an 80.40% approval threshold. Source: Polkadot Community Split Over Acala’s Technical Legacy The initiative seeks to reduce Polkadot’s dependence on USDT and USDC, which currently dominate the ecosystem with a combined market cap of $74.05 million, with USDC at 56.79% dominance. Source: DefiLlama The proposal has generated strong controversy due to its connection with Acala, whose aUSD stablecoin collapsed following a 2022 exploit that damaged trust across the ecosystem. Multiple prominent community members have voted against the proposal, specifically citing concerns about Acala’s involvement. TheGlobedotters stated that “ no one from Acala should be involved with any stablecoin in the ecosystem, especially a strategic one like this, ever again ,” while noting that aUSD’s failure stemmed from liquidity pool misconfiguration rather than Honzon protocol flaws. The White Rabbit shared similar concerns, voting against the proposal while supporting the concept of a native stablecoin in principle. The voter outlined two conditions for potential support. First, a clear assurance that no Acala team members would be involved in development; second, explicit Technical Fellowship oversight of governance and risk management. Another community member noted that “ Acala is dead because of AUSD ” and warned that rushing implementation could damage Polkadot’s reputation. Gavin Wood Pushes Multi-Track Stablecoin Strategy On September 10, Polkadot founder Gavin Wood outlined his vision for the ecosystem’s stablecoin approach, which preceded the pUSD proposal. Wood emphasized that “ Polkadot would be remiss not to have its own native stablecoin ” and specified requirements including full DOT collateralization, Polkadot governance control, and DAI-level security guarantees. Gavin is bullish on Hollar stablecoin: • Decentralized • Backed by DOT and more • Well-integrated with the Polkadot ecosystem @hydration_net pic.twitter.com/YqwIJyoBrN — The Dots (@TheDotsTalks) September 2, 2025 He expressed support for Hydration’s upcoming HOLLAR stablecoin while maintaining that a protocol-level DOT-backed stablecoin remains strategically necessary. Wood also introduced the concept of a “ stable-ish ” DOT asset that would accept some volatility while avoiding massive collateral requirements. This middle-ground approach between hyper-volatile DOT and strict dollar pegs would seek to “ soften volatility ” for users seeking partial stability without full collateralization costs. Until a pure DOT stablecoin exists, Wood indicated a preference for HOLLAR over USDT and USDC, though he acknowledged that centralized stablecoins may still be needed for validator payouts and practical integrations. The pUSD proposal arrives as Polkadot implements major tokenomics changes , having approved a 2.1 billion DOT hard cap in September through Referendum 1710 with 81% support. The network is shifting from its inflationary model of 120 million annual DOT issuance to a declining schedule that will reduce minting to below 20 million by the early 2030s. The current circulating supply stands at 1.6 billion DOT, with the total supply projected to stabilize near 1.91 billion by 2040 under the new framework. Global Stablecoin Market Exceeds $300B as Regulatory Framework Solidifies The pUSD debate unfolds against surging global stablecoin adoption, with total market capitalization surpassing $300 billion for the first time in September. Source: DefiLlama During this time, Circle’s NYSE debut saw shares rise 400% post-IPO, valuing the USDC issuer at $30 billion, while Tether introduced a U.S.-compliant stablecoin and is seeking $500 billion in funding. Given the fast-paced growth of the sector, Treasury Secretary Scott Bessent projects that the sector will reach $3 trillion by 2028 as stablecoins integrate into global payments and decentralized finance. Citigroup also forecasts a stablecoin market cap between $1.6 trillion and $3.7 trillion by 2030, driven by clearer regulation and institutional participation. The bank warned that leading issuers could become among the largest U.S. Treasury holders by the end of the decade, potentially disrupting traditional banking through deposit substitution. The GENIUS Act , signed in July, has provided federal oversight for stablecoin issuers, which has largely aided this growth. Meanwhile, a consortium of nine European banks , including ING, UniCredit, and Deutsche Bank, is exploring a euro-denominated stablecoin launch to compete with dollar dominance. As Mark Aruliah of Elliptic stated, European banks need to “ move quickly to adopt and scale credible euro-denominated stablecoins ” or risk ceding ground to U.S. and Asian competitors. The post Polkadot Community Backs Proposal for DOT-Backed Algorithmic Stablecoin pUSD appeared first on Cryptonews .
NYC, New York, September 29th, 2025, Chainwire Flying Tulip , a full‑stack onchain exchange, today announced it has raised $200 million in a private funding round and will open an onchain public sale of its $FT token at the same valuation. Flying Tulip integrates a native stablecoin, money market, spot trading, derivatives, options, and onchain insurance within a single cross‑margin, volatility‑aware system designed for capital efficiency. The round included participation from global investors, including Brevan Howard Digital, CoinFund, DWF, FalconX, Hypersphere, Lemniscap, Nascent, Republic Digital, Selini, Sigil Fund, Susquehanna Crypto, Tioga Capital, and Virtuals Protocol, among others. Onchain redemption right (“perpetual put”) All primary-sale participants (private and public) receive an onchain redemption right that allows them to burn $FT at any time and redeem up to their original principal in the asset contributed (e.g. ETH). Redemptions are programmatically settled from a segregated onchain redemption reserve seeded from capital raised. This design seeks to protect downside while preserving unlimited upside. Tokenomics aligned to usage The team receives no initial allocation. Instead, team exposure accrues only through open‑market buybacks funded by a share of protocol revenues and subject to a transparent schedule. From day one, incentives are tied to real usage and long‑term performance. Public sale The onchain public sale will be hosted across multiple chains. Supported assets, the initial circulating supply, sale mechanics, and official smart‑contract addresses (published on the official website ) will be announced ahead of launch. Flying Tulip is targeting up to $1 billion in total funding across private and public phases. “Our goal is to provide institutional‑grade market structure with onchain guarantees and clear alignment between users, investors, and the team,” said Andre Cronje, founder of Flying Tulip. About Flying Tulip Flying Tulip is an onchain financial marketplace that unifies spot, derivatives, credit, and risk transfer in a capital‑efficient, cross‑margin system. The platform is built for transparent risk management and long‑term sustainability. Users can learn more at flyingtulip.com . Important Information This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities or tokens in any jurisdiction. Participation may be subject to eligibility checks and jurisdictional restrictions. Tokens involve risk, including possible loss of value. Any redemption right is programmatic and limited by on‑chain reserves and protocol parameters. This right is not a deposit, not insured, and not a guarantee. Forward‑looking statements are subject to risks and uncertainties. Official sale addresses will only be published on flyingtulip.com . ContactCEOAndre CronjeFlying Tulipandre@flyingtulip.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
The Web3 space is rapidly evolving, and we can’t help but predict the future growth of crypto. Recently, we have seen crypto regulations become more favorable, a trend that is fueling both mass and institutional adoption of digital assets. In this interview, curated by Ashish Kumar, Hristina Vasileva, and Vignesh Karunanidhi for Cryptopolitan, we speak with OKX’s President, Hong Fang, to explore how the crypto space is evolving and how OKX is adapting to scale for mass adoption. Crypto narratives shaping Web3 Which crypto narratives do you expect to perform most strongly in 2025 and 2026? With the GENIUS Act in the US and MiCAR in the EU, stablecoins are no longer just crypto’s “cash leg” – I believe they’re quietly becoming the backbone of global finance. With stablecoin supply nearing $300 billion and regulatory clarity from the GENIUS Act in the US and MiCAR in the EU, stablecoins are moving beyond just trading tools to real financial infrastructure. But building rails isn’t enough: what matters is connecting them. Right now, fragmented order books and liquidity slow everyone down. When stablecoins can move and settle seamlessly across platforms and networks, traders get better execution, institutions get scalable settlement, and for everyday people, stablecoins can finally function as smooth, predictable ‘new money’ – ready to spend anywhere, just like tap-to-pay. That’s how crypto grows from promising tech into a financial staple. What are the challenges of Web3, and can it survive into the next crypto cycle? Web3’s biggest challenge right now is usability. For the average user, wallets and on-chain products can feel confusing or risky, and technical language often gets in the way. At OKX, we center our efforts on making these tools more understandable, secure, and welcoming – designing for regular people, not just crypto-natives. We also look to regulatory advances as an opportunity, since good compliance that supports responsible innovation helps level the playing field. In my view, if we keep focusing on practical access, education, and safety, Web3 will become a natural part of daily life. Do memecoins help market growth or distract from innovation? After years in crypto, I’ve learned that we need to be humble about things we don’t fully understand. Anything that exists as a trend has its value. Individual memecoins may feel transient. However, if we look at the whole category, we can see how people’s attention, emotions, and points of view are clearly captured and expressed in the market price for the first time. It’s the price of influence, the price of community. I believe we will see further iterations of how memecoin plays its role in future phases of crypto development. We should stay open-minded. Beyond Bitcoin and Ethereum, what narratives do you see gaining traction now — AI coins, RWA tokens, or Layer 2 ecosystems? This cycle, I’m seeing continued traction in tokenized RWAs and breakthroughs in Layer 2 technology. We’re watching entire industries – finance, art, ticketing, and even IP – find new life on-chain. But on-chain payments are where it all comes together. The real challenge and opportunity is to make sure using digital assets is as easy as any other day-to-day payment method – without people having to worry about technical details like seed phrases or gas fees. As payment experiences get more straightforward and more merchants come on board, using crypto for everyday spending starts to feel like second nature. Hong Fang on adapting to evolving regulations The GENIUS Act now mandates that stablecoins be backed 1:1 with low-risk assets. How is OKX preparing for this level of transparency and oversight? Openness and traceability are priorities for us. That’s why we run automated, cryptographically verifiable proof-of-reserves each month. When regulations like the GENIUS Act set the bar higher for transparency and asset safety, we don’t just welcome it—we see it as validation of our own approach. Robust standards and open verification are how we and our customers can feel confident as crypto keeps scaling up. MiCA rules tighten further in 2026—how is OKX adapting to stricter reporting and custody standards? We saw the direction regulation was heading early and have spent years developing compliance processes, audit systems, and robust infrastructure. That means as reporting requirements step up, users and partners get consistent and reliable service, no matter how the rulebook changes. Crypto and DeFi for mass adoption How would you describe the state of the crypto market in 2025 compared to previous years? The market is in a new phase. There’s more clarity, institutional engagement, and much better infrastructure. What stands out most is that everyday users are finding it easier to safely access on-chain tools, and the focus is turning from hype to genuine inclusion and utility. What do you expect for DeFi in the coming months? How will OKX work to scale its DeFi activity? DeFi today is moving away from being just an experimental space for early adopters. We want participation to be practical and safe for everyone. Our goal at OKX is to simplify the experience so anyone can use DeFi confidently and securely. This means focusing on clear design, strong protections, and building practical bridges between on-chain finance and the rest of people’s lives. This content is provided for informational purposes only. It represents the views of the author(s) and does not represent the views of OKX. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold digital assets; or (iii) financial, accounting, legal, or tax advice. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets suits you in light of your financial condition. Not all products are available in all regions. Please consult your legal/tax/investment professional for questions about your specific circumstances.
On-chain data shows that stablecoin net inflows surged by 324% from $10.8 billion in Q2 to $45.6 billion in Q3 2025. USDT, USDC, and the rise of Ethena’s USDe contributed a bigger share to the jump. Data from RWA.xyz revealed that stablecoins saw more than $46 billion in net inflows in the last 90 days. The firm showed that USDT stablecoin led in Q2 with roughly $19.6 billion in net inflows, followed by USDC with $12.3 billion and USDe’s $9 billion net inflows. Over the past 90 days, net inflows into stablecoins have totaled >$45 billion. – cointelegraph pic.twitter.com/AFYbVuiPRa — NekoZ (@NekozTek) September 29, 2025 USDT leads stablecoins with the most net inflows Other stablecoin issuers followed with smaller contributions, including PayPal’s PYUSD, which added $1.4 billion, while MakerDAO’s USDS saw around $1.3 billion in net inflows. Ripple’s Ripple USD (RLUSD) and Ethena’s USDtb also showed steady gains during the period. On-chain data shows that Stablecoins added approximately $56.5 billion over the past six months, with a total of only $10.8 billion recorded in the second quarter. Stablecoins experienced the most inflows in the third quarter, reflecting the recent surge in stablecoins led by USDT and USDC, as well as the rise of algorithmic entrants like USDe. DeFiLlama revealed that Tether USDT saw the most inflow in both Q2 and Q3, with around $19.6 billion this quarter and $9.2 billion in the previous quarter. USDC followed with an increase from $500 million in net issuance from April to June to $12.3 billion in Q3. Athena’s USDe also recorded a dramatic shift, jumping from $200 million in Q2 to roughly $9 billion in the last quarter. Source: RWA.xyz . Top stablecoin net flows as of September 29, 2025. On-chain data showed that Ethereum remained the most dominant network for stablecoins, hosting over $171.336 billion in circulating stablecoin supply. Tron followed with $76 billion, while networks like Solana, Arbitrum, and BNB Chain trailed with a combined $29.7 billion in stablecoins hosted. DeFiLlama data also revealed that Tether’s USDT was the most dominant stablecoin, with nearly 59% of the market. Circle’s USDC came in second with about 25%, while Ethena’s USDe recorded nearly 5% of the stablecoin market. The overall stablecoin market cap also surged by more than 5% in the last 30 days to $296.967 billion. Despite the increase in market capitalization and net inflows, on-chain data further show that the number of monthly addresses fell by 22.6% to 26 million during the same period. Stablecoin transfer volume also dropped by 11% from the previous month to $3.17 trillion. As Cryptopolitan recently reported , on Monday, Aster became the second-highest protocol globally in trading fees in the last 24 hours. The protocol received more than $14.33 million in fees, surpassing Circle and Uniswap. Aster also became the 11th highest protocol globally in DEX volume, with roughly $206.92 million in trading volume in the last 24 hours. Sign up to Bybit and start trading with $30,050 in welcome gifts
pUSD is a proposed DOT-backed algorithmic stablecoin for the Polkadot network that would be overcollateralized using DOT and managed on Acala’s Honzon protocol; early governance votes show strong support with
Key Highlights RAKS Exchange laundered over $224 million in criminal funds. 5 million darknet users affected by the shutdown. 67 crypto wallets frozen, totaling 9.7 million USDT. Kazakhstan Shuts Down RAKS Cryptocurrency Exchange in Major Anti-Drug Operation Kazakhstan’s Financial Monitoring Agency (AFM) has announced the closure of the RAKS cryptocurrency exchange, a platform heavily involved in laundering money from drug trafficking and online fraud. The service operated for over three years and was a central part of the region’s shadow economy. RAKS Exchange’s Dark Network Uncovered The investigation revealed that RAKS collaborated with 20 of the largest darknet marketplaces, reaching over 5 million users. The platform laundered funds from more than 200 drug operations across Kazakhstan, Russia, Ukraine, and Moldova. Authorities estimate the total volume of transactions handled by the platform exceeded $224 million. AFM specialists analyzed over 4,000 crypto wallets, identifying those linked to criminal proceeds. As a result, 67 addresses connected to RAKS were blocked, freezing assets totaling 9.7 million USDT. The agency also noted clear signs that the service was shutting down. Social media accounts were deleted, customer support was suspended, and numerous complaints regarding unfulfilled financial obligations appeared on darknet forums. Impact on the Shadow Economy Officials stated that these measures dealt a severe blow to drug trafficking infrastructure, disrupting supply chains and reducing trust in illegal platforms. The shutdown of RAKS is expected to significantly impact darknet market operations in the region. Authorities continue efforts to identify the organizers behind RAKS. The AFM emphasized that combating money laundering through digital currencies remains a top priority. Earlier, authorities announced plans to establish a digital asset fund in Kazakhstan, further strengthening regulatory oversight.
ETH, HYPE & BNB lead bounce in top L1s. ETH ETFs saw ATH outflows last week. Swift to launch blockchain in response to stablecoins. ASTER flips Tether in fees, Binance for perp volume. SEC’s Pierce urges quick progress in crypto. Stablecoin supply hits ATH over $300b. Plasma briefly hits $13b amid stablecoin surge. Kraken in talks to raise funds at $20b valuation. Vanguard considers crypto ETF access to clients. Revolut weighs $75b dual listing in NY, London. UK Banks to pilot tokenised GBP deposits. Hyperliquid season 2 points appear to be over. Hyperliquid launches permissionless stablecoins. Turkey to let watchdog freeze crypto accounts. QNB adopts blockchain for USD payments.
When French President Emmanuel Macron and German Chancellor Friedrich Merz recently unveiled their joint economic agenda at the Franco-German Council of Ministers, one proposal stood out: pursuing collaboration and equivalence regimes with third countries in the field of crypto-asset regulation. It was a recognition that digital money, like data, does not stop at borders. And it was a timely reminder that stablecoins — the fastest-growing part of digital finance and crypto — will only fully succeed if regulators match their borderless design with cross-border collaboration. Stablecoins: A Payments Upgrade, Not Just a Crypto Tool Stablecoins are internet-native money: always on, borderless, programmable and available to anyone with a smartphone. Unlike traditional payment rails, they don’t close on weekends, don’t rely on complex correspondent banking networks and can move value between Bangkok and Boston in seconds. In many ways, they are the first serious upgrade to cross-border payments since SWIFT in the 1970s. Where SWIFT was a messaging network innovation to connect counterparty banks, stablecoins marry messaging with settlement to create a payments innovation breakthrough. But their value proposition depends on being global. A patchwork of divergent national rulebooks would turn the “internet of value” into fragmented payment intranets — undermining the very efficiency and accessibility that make stablecoins transformative. Converging Principles, Different Paths The good news: the world’s leading regulatory frameworks for stablecoins — Europe’s Markets in Crypto-Assets Regulation (MiCA) and America’s GENIUS Act — already share the same foundation. Both require full 1:1 reserves in high-quality liquid assets, redemption at par, regular public reporting and strict governance, risk and anti-money laundering (AML) standards. Both allow issuance by banks and non-banks alike. There are, of course, differences. GENIUS imposes tighter reserve rules (limited to short-dated Treasuries and reverse repos), while MiCA allows a broader mix, including longer-duration government bonds or even covered bonds, but also requires high minimum bank deposit ratios (30% or 60% of the reserve depending on token size). GENIUS requires monthly attestations, while MiCA mandates a white paper at launch. MiCA places issuance caps on non-euro stablecoins at scale; GENIUS creates strict barriers for Big Tech issuers and segregation requirements for banks aiming to launch stablecoins. These are examples of important differences, but they pale in comparison to the core alignment on what a safe, credible stablecoin looks like. Foreign Issuers: Recognition vs. Multi-Issuance Where the frameworks diverge most is in how they treat foreign issuers. GENIUS introduces an explicit equivalence regime : stablecoins from “comparable jurisdictions” could be offered directly in the U.S. without duplicative licensing. That means that in the future, subject to U.S. Treasury Department approval, MiCA-compliant euro stablecoins could likely be offered to the entire U.S. market without the need for additional, local U.S. licenses. MiCA, by contrast, requires foreign issuers to set up a licensed EU entity and comply with all local requirements, including the need for local reserves, issuance and redemption, and disclosures proportionate to the EU share of the issuer’s holdings and activities — the so-called multi-issuance approach . That difference reflects timing more than philosophy: the EU went first, seeking to bring global stablecoins into its perimeter after Libra published its first white paper in 2019. From its earliest impact assessments, Brussels warned against allowing foreign, non-EU issuers to escape oversight. MiCA even mandates data sharing by exchanges to help issuers better calculate their EU footprint and enable supervisors to monitor foreign issuers’ activities. Back when MiCA was adopted in 2023, it was too early to introduce a full equivalence regime. Still, the EU Commission was tasked with reviewing whether an equivalence regime could complement its approach in its interim review that is due this year. And the political signal is clear: Macron and Merz explicitly called for cross-border collaboration and building reciprocity mechanisms for stablecoins with trusted partners. The transatlantic stars are aligning. International Collaboration Cannot Wait The next 12–24 months will be decisive. With MiCA and GENIUS as key reference frameworks, the policy focus will shift from drafting rules to aligning them. The opportunity is enormous: a coordinated transatlantic approach would give businesses and consumers confidence that a fully backed, transparent redeemable digital euro or dollar-based stablecoin is the same payment instrument on either side of the Atlantic, independent of where it is licensed. It would also give other major economies a strong template to connect to — ensuring stablecoins evolve into a global public good rather than a regulatory race to the bottom. Failing to align would be costly. Corporations need stablecoins in multiple currencies to manage and modernize FX flows and global supply chains. Consumers also need access to liquid, widely used tokens on regulated local trading venues. Without collaboration, the vacuum will be filled either by unregulated offshore actors or by fragmented national systems that cut themselves off from global liquidity, utility, and economic activity. The Monetary Sequel to the Open Web Two decades ago, regulators resisted carving the internet into national intranets — and the open web flourished. Today we face the monetary sequel. Stablecoins can finish what the internet started: making value itself as open, programmable, and global as information. If the EU, U.S., and other jurisdictions seize this moment to build recognition and reciprocity, stablecoins will become the backbone of real-time, global commerce and usher in a new era of global economic prosperity through the frictionless cross-border exchange of value.
New York September 29th, 2025 The VerifiedX (VFX) Network ( VerifiedX.io ), the people’s network and a leader in global self-custody and Web3 wallet infrastructure, is proud to announce a strategic partnership with Crypto.com , a leading global Crypto platform serving millions of users worldwide. The partnership brings Crypto.com’s industry-leading Crypto.com Pay, Crypto.com Payment Solution, and On-Ramp services directly into VerifiedX’s Switchblade Wallets , delivering a seamless, secure, and scalable experience for everyday users and developers alike. Through this integration, users of VFX SwitchBlade Wallets can now purchase all supported cryptocurrencies, including VFX and stablecoins, directly using fiat, and transact with merchants and DApps using Crypto.com Pay—all from within the VerifiedX ecosystem. This includes in-wallet user auctions and marks a significant step in VerifiedX’s mission to simplify and democratize Web3 access and usability for mainstream adoption globally for everyone. Partnering with Crypto.com is a natural next step in empowering all users with frictionless Web3 experiences and self-custodial commerce. Integrating fiat on-ramps and crypto-native payments natively into VFX SwitchBlade Wallets means any user can onboard, transact, and interact in Web3 with unprecedented simplicity without sacrificing self-sovereignty. Key Benefits of the Integration: Instant Fiat-to-Crypto On-Ramp: Users can buy all supported cryptocurrencies, including VFX & Stablecoins, using credit and debit cards directly within the VFX SwitchBlade Wallet. Crypto.com Pay Integration: Enables users to seamlessly pay for assets listed on VFX p2p auctions, goods & services directly with merchants, DApps, and all native VFX features using their crypto holdings—backed by Crypto.com’s global reach and reliability. Developer-Friendly Toolkit: Projects using VFX SwitchBlade Wallet infrastructure now gain access to embedded payments and onboarding functionality with minimal integration effort. Security & Compliance: The integration benefits from both platforms’ commitment to security, compliance, and global end-user centric design. “Creating more accessible crypto payment solutions is central to our vision at Crypto.com,” said Joe Anzures, General Manager, Americas and EVP of Payments at Crypto.com. “We are excited to partner with VerifiedX and bring even greater scale to our shared vision of seamless crypto payments.” About Crypto.com – Founded in 2016, Crypto.com is trusted by millions of users worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet . Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation. Learn more at https://www.crypto.com VerifiedX – VFX (VerifiedX.IO) is the people’s network. VFX is the first fully open-source decentralized network that is both a universal layer 1 and a Bitcoin specific sidechain / reliever chain, for the purpose of tokenized self-custody, on-chain storage, and peer-to-peer commerce of both digital & physical assets. The network’s native coin ( VFX ) can be accessed directly in-wallet, and enables minting of Verified Bitcoin Tokens ( vBTC ) with a 1:1 evergreen self-custodial peg coupled with smart contract utility and full asset recovery features for funds. Providing robust in-wallet and self-custodial options for everyday users to plan, transact, save, spend, borrow, and vault Bitcoin , VFX funds, and digital assets are the cornerstone of the VerifiedX ethos. As the first universal layer 1 and Bitcoin reliever chain, the network dramatically reduces costs of ownership and frictions for everyday users and integrators around the world and provides multiple layers of convenience, security, and self-custodial empowerment. For Further Crypto.com Inquiries: Website: https://crypto.com/us Twitter (X): https://x.com/cryptocom Discord: https://discord.com/invite/cryptocom Telegram: https://t.me/CryptocomOfficial News: https://t.me/CryptocomOfficialAnnouncements For Further VerifiedX Inquiries: Website: https://verifiedx.io/ Discord: https://discord.gg/7cd5ebDQCj Twitter (X)): https://twitter.com/vfxblockchain Github: https://github.com/verifiedxblockchain Email : dev@verifiedx.io Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post VerifiedX Partners with Crypto.com to Integrate Seamless Crypto Payments and On / Off-Ramp in VFX SwitchBlade Wallets appeared first on Times Tabloid .
We’re thrilled to announce that FF is available for trading on Kraken! Funding and trading FF trading is live as of September 29, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost. Trade on Kraken Here’s some more information about this asset : Falcon Finance (FF) Falcon Finance is building universal collateralization infrastructure to unlock liquidity from any custody-ready asset. Users can deposit BTC, ETH, SOL, stablecoins like USDC/USDT/USD1, altcoins or tokenized RWAs (e.g., Treasuries) and mint USDf, an overcollateralized synthetic dollar. Please note: Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched). Geographic restrictions may apply Get Started with Kraken Will Kraken make more assets available? Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here , and all future tokens will be announced on our Listings Roadmap and social media profiles . Our client engagement specialists cannot answer any questions about which assets we may be making available in the future. The post FF is available for trading! appeared first on Kraken Blog .
Polkadot community members are showing strong early support for a proposal to launch pUSD, a native algorithmic stablecoin fully backed by DOT tokens.
The Dutch tulip mania of the seventeenth century has long symbolized speculative excess. Today, some prominent crypto commentators are reviving that metaphor to warn of a potential Bitcoin collapse. Their argument is not merely about a sudden crash, but about what could follow: an initial market-wide plunge that eventually sees XRP recover and rise to prominence. How the Conversation Began This debate was reignited by a widely shared X post from (X)=chi (R)esurrected (P)=rho, who highlighted a scenario where Bitcoin’s dramatic decline drags the broader crypto market down before XRP stages a powerful comeback. The post references striking price levels and draws on views from several analysts, giving the theory added weight. Tulip Bubble & XRP. If the BTC bubble bursts, it will probably look like the picture below. ing… 2020.3.13. $0.114 2025.10.~12. $26.6(1.618level) 2026. Black swan Collapse $0.64 2026. Overnight $1,000 Three or more people are saying the same thing.… https://t.co/MKpPkiT1DM pic.twitter.com/zaCmb7n3Zf — (X)=chi (R)esurrected (P)=rho (@Cryptobilbuwoo0) September 28, 2025 Leading Voices Converge Among those sharing similar perspectives is Binance founder Changpeng “CZ” Zhao , who likened a Bitcoin meltdown to the sinking of the Titanic: “When the Titanic sinks, little floats near it get dragged down too. But the floats will eventually come back up if they are untethered.” His analogy captures the idea of a short-term market contagion followed by selective recovery. Other market watchers, including MarvinGaye and BABA, have echoed this sentiment, pointing to XRP’s potential resilience in the aftermath of a major downturn. Why the Tulip Analogy Has Limits Although the tulip mania reference is dramatic, experts caution against a direct comparison. Unlike the 17th-century tulip bubble, which centered on luxury flowers, today’s cryptocurrency ecosystem is a global financial network built on advanced blockchain technology and increasingly adopted by institutions. Equating Bitcoin to tulips oversimplifies a far more complex and mature market. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Technical Factors in Play The discussion also notes Fibonacci price extensions—especially the 1.618 level—used by traders to identify potential market turning points. While such tools can highlight areas of investor interest, analysts stress that these signals are only one component of technical analysis and cannot predict future prices alone. XRP’s Distinct Role In past market downturns, altcoins have typically followed Bitcoin’s decline due to high correlation within the market. Supporters of XRP’s recovery thesis argue that its established role in cross-border payments, expanding DeFi applications, and integration with stablecoins could allow it to rebound faster than other digital assets once market sentiment stabilizes. Historically, tokens with clear utility and liquidity can recover more quickly after broad declines. In conclusion, the scenario outlined by (X)=chi (R)esurrected (P)=rho— a Bitcoin crash followed by an XRP resurgence —has drawn attention from major industry voices, including CZ. This is an interesting idea, but it remains speculative. Investors should view it as a call for careful risk management and thorough analysis rather than a guaranteed outcome. Market metaphors and technical indicators can spark debate, yet sound strategy and an understanding of market fundamentals remain the most reliable guides through any turbulence ahead. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP and Tulip Bubble: CZ Binance and More People Saying the Same Thing appeared first on Times Tabloid .
Fed governor Christopher Waller endorses digital tokens at Frankfurt conference while Bundesbank president Joachim Nagel expresses caution
This growth pushed the stablecoin market cap to around $290 billion. Tether’s USDT and Circle’s USDC led the surge, while Ethena’s USDe emerged as a fast-rising player. Ethereum remained the dominant network for stablecoins, followed by Tron. Despite the sharp increase in supply and demand, usage metrics showed a slowdown. Stablecoin Inflows Jump Stablecoins saw a remarkable surge in demand over the past quarter, with more than $46 billion in net inflows recorded over the last 90 days. This is according to data from RWA.xyz . The growth sheds some light on the increasing appetite for US dollar-pegged assets in the crypto sector, particularly as investors look for stability amid market volatility. Tether’s USDT led the charge with $19.6 billion in inflows, cementing its role as the dominant player in the sector. Circle’s USDC followed closely with $12.3 billion, which was a sharp rebound from just $500 million in net issuance in the previous quarter. Ethena’s synthetic stablecoin USDe also made waves by attracting $9 billion in inflows after recording only $200 million in the prior quarter. Top stablecoin net flows (Source: RWA.xyz ) Other issuers also contributed to the surge. PayPal’s PYUSD recorded $1.4 billion in inflows, while MakerDAO’s USDS added $1.3 billion. Ripple’s RLUSD and Ethena’s USDtb, although smaller, posted steady growth. In total, stablecoin inflows grew by over 324% compared to the second quarter, with $56.5 billion flowing in over the past six months, of which just $10.8 billion came in Q2. The third quarter alone accounted for the bulk of the gains. Ethereum still dominates as the leading network for stablecoins, hosting $171 billion in circulating supply, while Tron holds the second spot with $76 billion. Other chains, including Solana, Arbitrum, and BNB Chain, collectively host around $29.7 billion. In terms of token dominance, USDT controls nearly 59% of the stablecoin market, with USDC at around 25% and Ethena’s USDe quickly rising to nearly 5%, according to DefiLlama . Stablecoin market cap by network (Source: RWA.xyz ) Overall, the stablecoin market cap expanded to roughly $290 billion in the past month. However, not all metrics reflected growth. RWA.xyz reported that monthly active addresses fell 22.6% to 26 million, while transfer volumes slipped 11% to $3.17 trillion. This suggests that despite strong inflows and rising supply, actual usage saw a decline.
Ethereum ( ETH ) co-founder Vitalik Buterin has once again shook the cryptocurrency market, this time by offloading large amounts of meme coins he received for free in exchange for Ethereum and stablecoins. Blockchain data reviewed by Finbold from Etherscan shows that on September 28, Buterin’s wallet, vitalik.eth , sold 150 billion PUPPIES tokens for 28.58 ETH, worth approximately $114,700 at the time of the transaction. In a separate swap, he also unloaded 1 billion units of an ERC20 memecoin for 13,889 USDC, securing just over $13,800. Vitalik Buterin’s recent transactions. Source: Etherscan Details of Buterin’s transactions The transactions, which took place within hours of each other, highlight a familiar pattern. Buterin has historically distanced himself from unsolicited memecoin allocations, often referred to as “airdrops,” by liquidating them quickly. His sales are typically interpreted less as a market call on the tokens themselves and more as a statement that he does not wish to hold speculative assets he never asked for. The timing comes amid heightened scrutiny of Ethereum markets. ETH currently trades around $4,100, while the broader crypto market has faced a turbulent week, with Bitcoin ( BTC ) at one point slipping under $110,000. While the dollar amounts in these sales are modest compared to Ethereum’s nearly $495 billion market capitalization, Buterin’s transactions draw significant attention because of his central role in the crypto ecosystem. Each movement from his wallet sparks debate about meme coin sustainability, Ethereum’s positioning, and broader retail speculation. As Finbold previously reported, large on-chain moves by high-profile wallets, including XRP whale accumulations and Bitcoin millionaire shakeouts are shaping narratives in volatile markets. The post Vitalik Buterin just dumped these 2 cryptocurrencies appeared first on Finbold .
For years, XRP’s narrative has largely revolved around Ripple’s strategic moves and its lengthy legal battles. This week, however, the spotlight has shifted. A surge of activity from outside Ripple’s walls is redefining how the token can be used and the scale at which it might operate. Instead of isolated updates, three separate developments arrived almost simultaneously, reshaping the conversation around XRP and its place in decentralized finance (DeFi). Jungle Inc Highlights a True Breakout Crypto commentator Jungle Inc. Crypto News captured the market’s attention by emphasizing that this surge of activity is no passing hype. In a widely shared X post, the Crypto commentator argued that the latest announcements prove DeFi on the XRP Ledger (XRPL) is breaking out in real time. His assessment reflects a turning point where XRP is moving beyond its traditional association with Ripple’s payments network to become a serious player in the broader DeFi landscape. A Turning Point for $XRP For years, XRP was tied to Ripple’s moves. But THIS week, 3 game-changing announcements landed, and none came from Ripple: 1⃣ BlackRock: Their multi billion BUIDL platform is settling on the XRP Ledger. 2⃣ Flare: fXRP went live: demand was so… — Jungle Inc Crypto News (@jungleincxrp) September 28, 2025 BlackRock’s BUIDL Integration with RLUSD Perhaps the most far-reaching institutional development is the integration of BlackRock’s tokenized BUIDL fund with Ripple’s RLUSD stablecoin through Securitize . This arrangement enables investors to exchange tokenized fund shares for RLUSD 24/7, injecting institutional-level liquidity into the XRP Ledger ecosystem. This partnership links major tokenized capital pools to the XRPL network, providing institutional investors with direct access to on-chain U.S. dollar liquidity, while BlackRock maintains its own infrastructure. Flare’s FXRP Ignites Retail Demand On the retail side, the launch of FXRP on the Flare Network delivered an immediate jolt of enthusiasm. FXRP is a one-to-one representation of XRP that allows holders to participate in DeFi without selling their tokens. Demand was so intense that the initial mint cap was filled within four hours of going live, a clear sign that XRP holders are eager for direct, non-custodial DeFi exposure. This rapid uptake highlights the strong appetite for innovative DeFi opportunities tied to XRP. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Midas and Axelar Push mXRP to New Heights Meanwhile, Midas, in partnership with Axelar, introduced mXRP, a liquid yield-bearing token designed to route XRP into diverse DeFi strategies . Within just six days, mXRP attracted more than $26 million in total value locked, demonstrating that meaningful capital is ready to flow into DeFi products built on or connected to the XRP Ledger. This early surge proves that demand for productive XRP assets is both strong and immediate. Why It Matters These three milestones—BlackRock’s institutional bridge, Flare’s FXRP launch, and Midas’s mXRP expansion—are significant on their own. Together, they mark a genuine shift in XRP’s trajectory. Institutional players now have easier access to on-chain liquidity, retail holders can participate in DeFi without relinquishing their XRP, and new yield-bearing products are attracting substantial investment. Outlook Jungle Inc.’s assertion that “this isn’t hype, but a breakout” captures the broader sentiment. The XRP ecosystem is expanding well beyond Ripple’s direct influence, moving into a phase where institutional and retail activity converge. If adoption and security remain strong, these developments could usher in a sustained period of growth, solidifying XRP’s role as a key DeFi asset. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post A Turning Point for XRP: Pundit Says This Isn’t Hype, But a Breakout appeared first on Times Tabloid .
Backed only by DOT and built on Acala’s framework, this new project has a lot to prove.
The return of Institutional Custodies and spot BTC/ETH ETFs are propelling Digital Asset Treasuries, while HTX is fortifying fiat ramps.
G7 nations are introducing stablecoin rules, from Japan’s pioneering framework to the US GENIUS Act and Europe’s MiCA, reshaping the future of digital money.
BlockBeats News, September 29, according to Whale Alert monitoring, Circle once again minted 2.5 billion USDC on the Solana network at 20:46:27 Beijing time.In the past 5 minutes, a total of 5 billion USDC has been minted.