Crypto custody and infrastructure leader BitGo has taken a decisive step toward public markets, filing for an initial public offering that could raise up to $200 million and value the firm at nearly $2 billion. The move, set for a late January debut on the New York Stock Exchange, represents a significant milestone for institutional crypto infrastructure, signaling growing maturity and regulatory acceptance within the sector. With over $104 billion in digital assets under its management, BitGo’s public listing is poised to be a bellwether for the convergence of traditional finance and digital asset services.
about BitGo Files for $200M IPO, Targets $2B ValuationOffice of the Comptroller of the Currency
0 in Finance and 0 in Crypto last weekTether Launches ‘Scudo’ Gold Unit to Boost XAUT Payments
In a strategic move to revitalize gold’s role in commerce, stablecoin giant Tether has introduced ‘Scudo,’ a new unit of account representing 1/1,000th of a troy ounce of gold. This initiative is designed to simplify transactions and bolster the utility of its gold-backed token, XAUT, positioning the precious metal as a practical medium of exchange in an era of economic uncertainty and inflation concerns.
about Tether Launches 'Scudo' Gold Unit to Boost XAUT PaymentsXRP’s $19 Trillion Future: Bullish Claims vs. Market Realities
A bold narrative is emerging from the XRP community, claiming the token is poised to become “the most valuable asset in the world” through its integration into global financial infrastructure. This optimism is fueled by Ripple’s regulatory progress, including conditional clearance from the Office of the Comptroller of the Currency for a trust bank charter and a pursuit of a Federal Reserve master account. However, this vision clashes with more conservative professional forecasts, setting up a critical debate over XRP’s role in the coming era of institutional adoption and tokenization.
about XRP's $19 Trillion Future: Bullish Claims vs. Market RealitiesRipple Expands RLUSD Stablecoin to Layer-2 Networks via Wormhole
Ripple is strategically expanding the reach of its regulated stablecoin, RLUSD, by preparing to launch it on multiple layer-2 platforms through a partnership with the interoperability protocol Wormhole. This move, targeting networks like Optimism and Base, aims to significantly boost the stablecoin’s utility while positioning it as a compliance benchmark in the rapidly evolving digital asset economy. With a market capitalization already exceeding $1.3 billion, RLUSD’s multi-chain expansion represents a calculated push to onboard new users and solidify Ripple’s footprint beyond its native XRP Ledger.
about Ripple Expands RLUSD Stablecoin to Layer-2 Networks via WormholeRipple Expands RLUSD Stablecoin to Ethereum Layer-2 Networks
Ripple is making a decisive push to establish its RLUSD stablecoin as a cornerstone of the multichain future, announcing a strategic expansion into Ethereum’s layer-2 ecosystem for the coming year. This move, facilitated by the interoperability protocol Wormhole, aims to dramatically increase RLUSD’s utility in decentralized finance (DeFi) and consumer payments. The expansion follows closely on the heels of Ripple’s conditional approval for a national trust charter, a significant regulatory milestone that underscores the company’s focus on compliance as it competes with established stablecoin issuers like Paxos and Circle.
about Ripple Expands RLUSD Stablecoin to Ethereum Layer-2 NetworksOCC Grants 5 Stablecoin Issuers Conditional National Bank Charters
In a landmark decision that signals a major shift toward integrating digital assets into the U.S. financial mainstream, the Office of the Comptroller of the Currency (OCC) has granted conditional approval for national banking charters to five prominent stablecoin issuers. The move, announced Friday, includes Circle, Ripple, BitGo, Fidelity Digital Assets, and Paxos, and arrives as the stablecoin market surges past $313 billion in 2025, fueled by new regulatory clarity.
about OCC Grants 5 Stablecoin Issuers Conditional National Bank ChartersRipple CEO Backs XRP as JPMorgan, SWIFT Rival
Teucrium Trading CEO Sal Gilbertie has positioned Ripple as a formidable competitor to banking giants JPMorgan Chase and global payment network SWIFT. He emphasized that Ripple’s potential banking license would enable it to operate with the capitalization and discipline of top-tier financial institutions. This endorsement signals growing institutional recognition for XRP’s role in transforming cross-border payments.
about Ripple CEO Backs XRP as JPMorgan, SWIFT RivalSony Bank’s Stablecoin Charter Bid Sparks Banking Industry Clash
The Independent Community Bankers of America is urging federal regulators to block Sony Bank’s application for a national trust charter to issue stablecoins, warning that the Japanese financial giant is exploiting regulatory loopholes to bypass traditional banking oversight. The banking group’s opposition has sparked accusations of protectionism from crypto advocates, who argue that stablecoins can serve unbanked populations and reduce reliance on traditional banks, setting the stage for a pivotal regulatory battle as the stablecoin market surges past $311 billion.
about Sony Bank's Stablecoin Charter Bid Sparks Banking Industry ClashSoFi Bank Launches Crypto Trading, Plans Stablecoin
SoFi Technologies has made financial history by becoming the first nationally chartered US bank to launch cryptocurrency trading services directly to consumers. CEO Anthony Noto revealed ambitious plans for a SoFi USD stablecoin while describing blockchain technology as a transformative “super cycle” opportunity, signaling a major convergence between traditional banking and digital assets following recent regulatory clarity from the Office of the Comptroller of the Currency.
about SoFi Bank Launches Crypto Trading, Plans StablecoinSoFi Relaunches Crypto Trading for Banking Customers
SoFi has made a strategic return to cryptocurrency trading with the launch of SoFi Crypto, enabling users to trade digital assets like Bitcoin, Ethereum, and Solana directly through their existing banking accounts. This move marks the publicly traded financial services company’s reentry into the crypto space after discontinuing services in 2023, now allowing customers to purchase cryptocurrencies using funds from FDIC-insured checking or savings accounts without requiring separate accounts. CEO Anthony Noto described this integration as a pivotal moment where traditional banking meets cryptocurrency, reflecting growing consumer preference for regulated institutions in the digital asset space.
about SoFi Relaunches Crypto Trading for Banking CustomersBanks Fight Coinbase’s Bid for Federal Trust Charter
Major banking associations are intensifying their opposition to Coinbase’s application for a national trust bank charter, revealing deep tensions between traditional financial institutions and cryptocurrency firms seeking regulated status. The Independent Community Bankers of America and Bank Policy Institute have formally urged the Office of the Comptroller of the Currency to block Coinbase’s bid, citing systemic risks and legal concerns. Coinbase Chief Legal Officer Paul Grewal has countered that banks are engaging in protectionism disguised as consumer protection, preferring crypto remain unregulated to avoid competition.
about Banks Fight Coinbase's Bid for Federal Trust CharterPaxos Mistakenly Mints $300T in PYUSD Tokens
Paxos accidentally created 300 trillion PYUSD tokens worth $300 trillion—more than twice global GDP—due to a manual operational error before burning them within 24 minutes, in what the company called an “internal technical error” that never left its systems. The incident comes at a critical juncture as Paxos seeks federal banking authority through a national trust charter from the Office of the Comptroller of the Currency under the GENIUS Act, with critics questioning whether the company should receive such authority after the monumental blunder. CEO Charles Cascarilla attempted to frame the episode as evidence of blockchain transparency rather than system failure, though the timing raises serious questions about the company’s operational controls.
about Paxos Mistakenly Mints $300T in PYUSD Tokens