Coinpedia

Ripple's RLUSD stablecoin on Ethereum sees $4.4M new supply, with over 70% held in Ripple Deployer wallet. Other top holders include B2C2 Group, Bullish, and Uphold. RLUSD shows potential for growth in the stablecoin market.

Avalanche raised $250 million for the upcoming Avalanche9000 upgrade, transforming the network into interconnected L1s with support from key investors, including Galaxy Digital and Dragonfly. Over 500 L1 structures are in development for various use cases.

Trump is increasingly dissatisfied with Federal Reserve Chair Powell, demanding rate cuts and hinting at a leadership change soon, considering former Fed governor Warsh as a potential replacement amid ongoing economic concerns.

Australia’s financial intelligence agency, AUSTRAC, is tightening regulations on crypto ATMs due to concerns over scams and fraud. New restrictions include cash deposit and withdrawal limits as well as mandatory scam warnings.
ATM Scammers Target Senior Citizens
Australia’s financial intelligence

Singapore's MAS mandates that offshore-only crypto providers must obtain licenses by June 30, 2025, or cease operations. This move targets unregulated access to digital assets, highlighting compliance challenges and increased risks.

Brazil is leading a trade shift within BRICS, resisting U.S. pressure to rely on the dollar. President Lula affirms the bloc's commitment to financial independence while fostering local currency use.

The Federal Reserve is prioritizing clearer regulatory guidance for digital assets to foster innovation in fintech, according to Vice Chair Michelle W. Bowman. She aims to eliminate ambiguity that hinders banks from adopting new technologies safely.

Eric Trump announced the cancellation of the Trump memecoin wallet by Fight Fight Fight LLC, following family disapproval. However, World Liberty Financial plans to invest substantially in the Trump token, indicating potential future collaboration.