Crypto

U.S. CBDC ban enlarges stablecoin arena as Circle, Tether and banks compete

A U.S. bill passed by Congress blocks the Federal Reserve from issuing a central bank digital currency until the end of 2030, reshaping the digital dollar race around private players. The move could accelerate competition between stablecoin issuers such as Circle and Tether and banks building tokenised deposit networks. Banks argue deposits underpin lending and have warned of large outflows if rules are misdesigned. Officials disagree on whether tokenised deposits can displace stablecoins.

Crypto

XRP price struggles as network activity jumps 71 percent

Daily active addresses on the XRP Ledger rose 71.7 percent over the past two weeks, even as XRP prices stayed weak. U.Today reported that, based on data cited by Ali Martinez and Santiment, active addresses increased from about 23,000 to more than 39,500. The article said the measure reflects real wallet activity such as transfers and smart contract interactions. It also noted a widening gap between technical and on-chain indicators, with key exponential moving averages at $1.12 and $1.24.