While the cryptocurrency market remains captivated by daily volatility, a significant but silent shift is occurring with XRP. Financial institutions and banks are methodically entering a strategic accumulation phase, moving beyond public speculation to position themselves for long-term infrastructure growth and regulatory clarity. This transition signals a maturation of XRP’s narrative from speculative asset to a cornerstone of institutional-grade financial utility and yield.
about XRP Enters Quiet Accumulation Phase as Institutions PositionMoneyGram
0 in Finance and 0 in Crypto last weekRipple Expands in Middle East via Bahrain Partnership
Ripple is strategically expanding its Middle East footprint through a new partnership with Bahrain Fintech Bay, positioning the blockchain company to capture a significant portion of the region’s $58 billion remittance market. This collaboration leverages Bahrain’s progressive regulatory environment and Ripple’s XRP-based settlement technology to address longstanding challenges in cross-border payments, while the RLUSD stablecoin provides crucial currency stability in a volatile market. The move represents a calculated expansion that could transform how value moves across the Gulf region.
about Ripple Expands in Middle East via Bahrain PartnershipStellar (XLM) Defies Market Slump, Eyes $0.50 Breakout
Stellar (XLM) is demonstrating remarkable resilience after weeks of consolidation, successfully defending the critical $0.37 support level despite broader market pressures. While currently trading around $0.36 with minor daily and weekly declines of 0.56% and 4.2% respectively, analysts see the altcoin’s recent bounce as setting the stage for a potential move toward $0.50 and beyond. This technical strength is complemented by significant fundamental developments, including over $3 billion in real-world assets on the Stellar network and key partnerships with financial giants like PayPal and Mastercard.
about Stellar (XLM) Defies Market Slump, Eyes $0.50 BreakoutMoneyGram vs Best Wallet: Digital Custody Battle
MoneyGram is entering the digital custody space with a new app focused on fiat and stablecoin remittances, starting with a trial in Colombia. Meanwhile, Best Wallet offers a more comprehensive multi-chain crypto management solution with advanced features. This comparison highlights the evolving landscape of digital financial tools.
about MoneyGram vs Best Wallet: Digital Custody BattleMoneyGram Launches USDC App in Colombia for Remittances
MoneyGram is launching a new cryptocurrency app in Colombia that will enable locals to receive and store USDC stablecoins. The move comes as the Colombian peso continues to weaken, offering families a way to preserve value in US dollars. The service leverages the Stellar network for fast, low-cost cross-border transfers.
about MoneyGram Launches USDC App in Colombia for RemittancesStellar (XLM) Stabilizes Near $0.42 Amid Bullish Q4 Forecasts
Stellar (XLM) has stabilized around $0.42 following a 75% July rally, with current trading between $0.384 and $0.392 signaling consolidation. Technical indicators show neutral RSI and declining volume, suggesting profit-taking rather than bearish sentiment. Analysts project a potential 5x rally by Q4 2025, with targets of $0.52–$1.50 if support holds. On-chain data reveals growing whale accumulation, while institutional interest rises due to Stellar’s partnerships with IBM and MoneyGram. A breakout above $0.4007 resistance could trigger the next bullish phase, supported by Stellar’s low-cost transactions and Soroban smart contract platform.
about Stellar (XLM) Stabilizes Near $0.42 Amid Bullish Q4 ForecastsWestern Union Tests Stablecoin Remittances in Key Markets
Western Union is testing stablecoin remittance settlements in select South American and African corridors, part of a broader push to integrate blockchain into its global operations. The pilot follows the U.S. GENIUS Act, which mandates transparency for dollar-pegged stablecoins and grants issuers access to Federal Reserve accounts. With traditional remittance fees remaining high (averaging 6.6%), Western Union aims to leverage stablecoins for faster, cheaper transfers, improved FX rates, and custody solutions. The company faces pressure from rivals like MoneyGram, which already offers Stellar-based USDC payouts, and PayPal’s PYUSD integration. Meanwhile, stablecoin adoption grows, with T-bill-backed reserves exceeding $150 billion. Western Union’s strategy also aligns with geopolitical trends, as potential U.S. remittance taxes could drive demand for digital alternatives. Details on the stablecoins or blockchains used remain undisclosed, but the firm plans to assess corridor-specific metrics before expanding.
about Western Union Tests Stablecoin Remittances in Key MarketsWestern Union Eyes Stablecoins for Global Remittances
Western Union CEO Devin McGranahan has highlighted stablecoins as a key opportunity for faster cross-border payments, better fiat conversion in underserved markets, and store-of-value solutions in unstable economies. The company is already piloting new settlement processes in regions like South America and Africa, while exploring crypto on-ramps and wallet offerings. Regulatory developments, such as the U.S. GENIUS Act and Europe’s MiCA, are driving adoption, with industry experts predicting widespread stablecoin integration by 2026. However, skeptics like Senator Elizabeth Warren warn of risks from private stablecoin issuers. Meanwhile, businesses and migrant platforms are increasingly adopting stablecoins for their cost efficiency and speed, particularly in Africa.
about Western Union Eyes Stablecoins for Global RemittancesGoldman, Morgan Stanley Shine in Volatile Markets
Goldman Sachs and Morgan Stanley delivered impressive trading revenues in a volatile market environment, showcasing resilience amid uncertainty. Meanwhile, Johnson & Johnson raised its full-year outlook, with its CFO noting a shift in biopharma manufacturing back to the US despite tariff threats. MoneyGram CEO Anthony Soohoo joined Bloomberg Open Interest to discuss the growing role of stablecoins as regulatory clarity emerges with the impending Stablecoin Bill. The episode highlights key trends in finance, healthcare, and digital assets.
about Goldman, Morgan Stanley Shine in Volatile MarketsStablecoins Revolutionize $685B Remittance Market
In 2024, migrants sent $685 billion in remittances, a lifeline for families in low- and middle-income countries where these flows often exceed 3% of GDP. Traditional methods remain slow and expensive, with fees consuming 6% or more of transfers. Ripple’s enterprise-grade stablecoin RLUSD – fully backed by USD reserves and operating under NYDFS oversight – enables direct wallet-to-wallet transfers, bypassing banks. Case studies like Bitso (using USDC for U.S.-Latin America transfers) and Visa’s partnership with Yellow Card demonstrate stablecoins’ real-world impact, processing $27.6 trillion in 2024 – surpassing Visa and Mastercard combined. While regulatory frameworks like the pending GENIUS Act aim to standardize oversight, challenges like local currency on/off-ramps remain key adoption barriers.
about Stablecoins Revolutionize $685B Remittance MarketWalmart to Pay $10M in FTC Money Transfer Fraud Settlement
Walmart is set to pay $10 million to resolve an FTC lawsuit accusing the retail giant of neglecting fraud in its money transfer services from 2013 to 2018. The FTC alleged Walmart failed to implement proper anti-fraud measures, train employees adequately, or warn customers about scams, enabling fraudsters to steal hundreds of millions. The settlement, pending court approval, bars Walmart from facilitating fraud-induced transfers or assisting deceptive telemarketers. The case highlights regulatory scrutiny over corporate responsibility in financial services.
about Walmart to Pay $10M in FTC Money Transfer Fraud Settlement