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Crypto is an "important lever" in the political landscape said David Plouffe, previously an advisor to former Vice President Kamala Harris.
Circle's institutional stablecoin creation platform Circle Mint and developer-focused Circle API now support USDC on the XRPL, bolstering USDC's liquidity on the network.
Tether Investments' approximate 31.9% stake in Elemental is worth around $89 million at an acquisition price of $1.14.
Facebook's earlier Libra project collapsed under regulatory pressure, but a slew of Big Tech firms are now exploring stablecoin adoption.
Users who deposit stablecoins into Plasma's vault are able to earn the right to purchase Plasma's token, XPL.
Analysts attribute the inflows to positive regulatory discussions around DeFi and stablecoins, alongside a spillover effect from bitcoin.
Bessent said at a Senate hearing that the U.S. dollar stablecoin market will surpass $2 trillion with legislative support.
OpenSea's new rewards program and broader utility-focused developments signal a shift from speculation to functional use cases.
The struggling video game retailer said Tuesday it holds 4,710 BTC since updating its invesment policy earlier this year.
Szilágyi also claims the EF, which has been undergoing a shift in leadership and focus, also funded a rival Geth development team.