The introduction of KlarnaUSD positions Klarna as the first bank to introduce a stablecoin on Tempo, a blockchain recently launched by Stripe and Paradigm.
The Filecoin (FIL) token rose 2% after clearing the $1.63 resistance level, with trading volume surging 135% above its 24-hour average, signaling renewed momentum in the layer-1 ecosystem.
R25 has launched its on-chain RWA stablecoin platform on Polygon, debuting rcUSD+, a yield-bearing, dollar-pegged token backed by money market funds and structured notes.
Global funds network Calastone is rolling out tokenized fund share classes on Polygon’s Layer 2 infrastructure, enabling its network of 4,500 institutions across 58 markets to distribute fund shares on-chain.
Circle Internet Group posted $740 million in third-quarter revenue and reserve income – 66 % year-on-year growth – as USDC circulation surged and the company advanced its Arc blockchain initiative.
JPMorgan has deployed its blockchain-based deposit token, JPM Coin (JPMD), on Coinbase’s Base network – marking the bank’s first payment product on a public blockchain and a milestone in on-chain banking.
Coinbase has unveiled a new platform for digital token offerings, with Layer-1 blockchain Monad set to be the first project to sell its token through the exchange’s regulated framework.
Ripple has joined forces with Mastercard, Gemini, and WebBank to enable RLUSD stablecoin settlement for credit card transactions, marking a milestone in blockchain-based payments.
Monad will launch its Layer 1 blockchain and native token on November 24, marking one of the year’s most anticipated crypto network debuts, alongside a large-scale community airdrop.
Ripple has raised $500 million in a new funding round, pushing its valuation to $40 billion as it expands beyond payments into digital asset custody, stablecoins, and prime brokerage.
Ripple has expanded into prime brokerage with the launch of Ripple Prime in the United States, allowing institutional clients to trade and manage a full range of digital asset products, including XRP and RLUSD.