ExchangeDEX+
Buy CryptoMarketsSpotFuturesGOLDEarnEvent Center
More
ICP Zero-Fee Gala

DeFi

DeFi eliminates intermediaries by using smart contracts on blockchains to provide financial services like lending, borrowing, and trading. In 2026, the "DeFi 3.0" era is defined by Institutional DeFi and the integration of Real-World Assets (RWA). From liquidity provisioning on Uniswap to advanced lending on Aave, this tag tracks the evolution of autonomous financial systems, yield optimization, and the rise of AI-driven portfolio management in the decentralized economy.

67690 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Ripple CEO: Stablecoin Market Could Hit $2 Trillion in Coming Years

Ripple CEO: Stablecoin Market Could Hit $2 Trillion in Coming Years

Ripple CEO Brad Garlinghouse believes the stablecoin sector is poised for explosive growth, projecting the market could balloon from its current $250 billion capitalization to as much as $2 trillion in the near future. Key Takeaways: Ripple sees a $2 trillion stablecoin market as a realistic near-term outcome. RLUSD has surpassed $500 million in market cap, with BNY Mellon as its custodian. Ripple is pursuing a US banking license to deepen integration with traditional finance. Speaking on CNBC’s “Squawk Box” Wednesday , Garlinghouse described the expansion as “profound,” citing institutional momentum and evolving regulation as key drivers. Ripple entered the stablecoin space late, Garlinghouse noted, largely because the company had been leveraging third-party stablecoins in its enterprise payment flows. Ripple Bets on RLUSD to Compete in Stablecoin Race RLUSD, Ripple’s own USD-pegged stablecoin, has given the firm an opportunity to compete, thanks to its existing institutional base and focus on regulatory compliance. “Many people think it will reach $1 to $2 trillion in a handful of years,” Garlinghouse said, adding that Ripple is positioned to benefit from that trajectory. He also announced that BNY Mellon will act as custodian for RLUSD, which crossed the $500 million market cap milestone this week. Industry voices appear to echo Ripple’s optimism. Henrik Andersson, CIO at Apollo Capital, told Cointelegraph the projection aligns with their internal forecasts. “We are seeing fintechs, banks, social networks, and large retailers all launch their own stablecoins,” he said, pointing to growing competition and adoption across sectors. Andersson also highlighted the success of market leaders like Tether, which has turned its dominance into strong profitability. Looking ahead, he said the GENIUS Act , a bill that would give stablecoins legal tender status in the US, could be a major accelerant. The legislation passed the Senate in June and is expected to be enacted later this month. Nick Ruck, director at LVRG Research, added that a friendlier regulatory stance from the SEC could create favorable conditions for the stablecoin market to grow severalfold, possibly hitting the $2 trillion mark within a few years. ANNOUNCEMENT: BNY selected to serve as the primary reserve custodian of @Ripple ’s enterprise-grade stablecoin, Ripple USD ( #RLUSD ). #BNY and Ripple are jointly committed to paving the way for digital asset adoption at institutional scale and together are helping to bridge the… pic.twitter.com/RjyDyBj0Qk — BNY (@BNYglobal) July 9, 2025 Ripple is also tightening its ties to traditional finance. Earlier this month, the firm applied for a banking license with the Office of the Comptroller of the Currency (OCC) and a Federal Reserve Master Account. Garlinghouse said the move is aimed at building “bridges between traditional finance and DeFi.” Ripple’s RLUSD Gains Traction Meanwhile, RLUSD continues to gain traction , recently integrating with crypto payments provider Transak. RLUSD’s growing adoption comes against a background of the stablecoin reaching a $500 million market cap for the first time since it debuted trading less than seven months ago. XRP, Ripple’s cross-border payments token, has rallied 7% this week, trading at $2.42, its highest level in nearly two months. Stablecoins have emerged as one of crypto’s rare success stories, capturing the attention of corporations and regulators alike. Recent reports that Amazon, Walmart, and other major companies are exploring stablecoin payments sent ripples through traditional finance, briefly pushing stablecoin transaction volumes ahead of Visa’s in 2024. Frank Combay of Next Generation said regulatory clarity , especially Europe’s MiCA framework, has unlocked stablecoins’ growth potential by removing the biggest barrier: uncertainty. He believes stablecoin ecosystems can reduce transaction costs by over 90% and are becoming increasingly attractive to both consumers and corporations.

Author: CryptoNews

2025/07/10

Behind Bitcoin's new high of $112,000: Double push from weak dollar and institutional entry

Behind Bitcoin's new high of $112,000: Double push from weak dollar and institutional entry

Original: galaxy Compiled by: Yuliya, PANews Bitcoin reached $112,000 this morning, setting a new record. The reason behind this rise is the combined effect of multiple factors, including the continued

Author: PANews

2025/07/10

Cryptocurrency market generally rises, BTC hits a record high, ETH approaches $2,800

Cryptocurrency market generally rises, BTC hits a record high, ETH approaches $2,800

PANews reported on July 10 that according to SoSoValue data, the crypto market sector generally rose, with a general increase of about 2% to 7%. Bitcoin (BTC) rose 2.35% in

Author: PANews

2025/07/10

U.S. Senate split on cryptocurrency regulation

U.S. Senate split on cryptocurrency regulation

PANews reported on July 10 that according to Bloomberg, a key subcommittee of the U.S. Senate debated the proposed regulation of digital assets. Republicans advocated moderate regulation, while Democrats warned

Author: PANews

2025/07/10

BREAKING: Bitcoin price hits record high as ETF demand overwhelms bearish market setup

BREAKING: Bitcoin price hits record high as ETF demand overwhelms bearish market setup

Bitcoin has officially entered price discovery mode, breaking its May high as bearish indicators failed to contain ETF-led flows, growing corporate balance sheet adoption, and macro tailwinds. Traders who bet against the breakout are now fueling the rally’s next leg.…

Author: Crypto.news

2025/07/10

As Roswell, New Mexico sets up Bitcoin strategic reserve, why more US cities could follow suit

As Roswell, New Mexico sets up Bitcoin strategic reserve, why more US cities could follow suit

New Mexico’s city of Roswell was the first city in the US to establish a Bitcoin reserve in April 2025. The city established the reserve with the first donation of $3,000 toward the Bitcoin strategic reserve. The city’s target for the reserve is $1 million.

Author: Fxstreet

2025/07/10

Crypto hackers lift $42m from GMX’s Arbitrum liquidity pool in broad daylight

Crypto hackers lift $42m from GMX’s Arbitrum liquidity pool in broad daylight

Despite layers of scrutiny, GMX’s V1 GLP pool was hacked for over $40 million in a brazen exploit. With leverage functions now frozen, traders are left wondering: How did audited contracts crack? And what does this mean for DeFi’s perpetual…

Author: Crypto.news

2025/07/10

Solaxy skyrockets 150% but BlockDAG owns summer with $2M raffle that could mint millionaires

Solaxy skyrockets 150% but BlockDAG owns summer with $2M raffle that could mint millionaires

Solaxy lists on exchanges and eyes DEX launch, but BlockDAG’s $2m raffle and $334m presale are pulling in traders. #partnercontent

Author: Crypto.news

2025/07/10

Regulatory arbitrage down under: Aussie laws fueling a surge in XRP/AUD premiums

Regulatory arbitrage down under: Aussie laws fueling a surge in XRP/AUD premiums

Australia’s MiCA-style crypto laws are quietly reshaping XRP markets, driving sustained XRP/AUD premiums and opening the door to regulated arbitrage at scale. #partnercontent

Author: Crypto.news

2025/07/09

[LIVE] Suspected Exploit Hits GMX Exchange: Over $42M Drained from Vaults – DeBank Reports

[LIVE] Suspected Exploit Hits GMX Exchange: Over $42M Drained from Vaults – DeBank Reports

Decentralized exchange GMX is believed to have suffered a major exploit, with over $42 million in digital assets reportedly drained from its vaults, according to data from DeBank. The incident appears to involve a suspicious outflow of funds. Over $42 million was transferred from GMX Vault-related contracts to a single wallet address: 0xdf3340a436c27655ba62f8281565c9925c3a5221. The funds are now being bridged from Arbitrum, a Layer 2 Ethereum scaling network, back to the Ethereum mainnet—a common tactic used by attackers to obfuscate and launder stolen assets. . @GMX_IO has been exploited for ~$42M. The exploiter has bridged ~$9.6M worth of cryptos to #Ethereum . pic.twitter.com/SKTC1ubVEI — PeckShield Inc. (@peckshield) July 9, 2025 According to blockchain security firm PeckShield, the attacker has already bridged around $9.6 million worth of crypto assets from Arbitrum to the Ethereum network, suggesting a potential attempt to obfuscate and launder the stolen funds across chains. Suspected Smart Contract Vulnerability The nature of the incident is still under investigation, but on-chain data indicates it was likely a targeted exploit or smart contract vulnerability rather than a user error or regular withdrawal. The GMX team has not yet released an official statement confirming the breach or outlining any steps being taken in response. DeBank, a leading blockchain data analytics platform, was among the first to report the anomaly, describing the event as a “significant abnormal outflow.” The affected contracts are linked to GMX’s vault infrastructure, which is designed to manage liquidity for leveraged trading and derivatives products on the platform. As of the time of writing, no white hat intervention or recovery transactions have been observed. Community and Market Reaction The address involved in the exploit continues to move funds, increasing concern over the likelihood of recovery. Community members and independent security researchers are tracking the wallet activity in real time, hoping for further clarity and potential mitigation. This incident marks one of the larger DeFi-related exploits of the year and comes amid ongoing concerns about the security of cross-chain protocols and smart contract platforms. The GMX token (GMX) saw a sharp drop in price down to $12.51 at press time following the initial reports, reflecting market uncertainty around the scope and resolution of the exploit. More updates are expected as the GMX team investigates and releases an official statement. Security Update From GMX The GLP pool of GMX V1 on Arbitrum has experienced an exploit. Approximately $40M in tokens has been transferred from the GLP pool to an unknown wallet. Security has always been a core priority for GMX, with the GMX smart contracts undergoing numerous audits from top security… — GMX 🫐 (@GMX_IO) July 9, 2025

Author: CryptoNews

2025/07/09

Recommended by active authors

BitcoinEthereumNews
BitcoinEthereumNews
23897Articles
Coinstats
Coinstats
5093Articles
Blockchainreporter
Blockchainreporter
2867Articles
AI Journal
AI Journal
2774Articles

Related Tags

#Oracle#Brifge#Yield-Farming#Basis-Trading#Prediction-Market#Launchpad#Liquid-Staking#Lending#DePIN

Latest Articles

ZTO Announces Proposed Offering of US$1.5 Billion Convertible Senior Notes

ZTO Announces Proposed Offering of US$1.5 Billion Convertible Senior Notes

2026/02/04 16:45
XRP Price Forecast: After the $1.58 Black Saturday Flash Crash, Can Ripple Still Recover amid Competition From This New Crypto?

XRP Price Forecast: After the $1.58 Black Saturday Flash Crash, Can Ripple Still Recover amid Competition From This New Crypto?

2026/02/04 16:38
Meet Your AI Personal Fitness Trainer: The Future of Workouts

Meet Your AI Personal Fitness Trainer: The Future of Workouts

2026/02/04 16:12
‘Final’ Bitcoin Bull Market Is Coming, Says Analyst Michaël Van De Poppe – Here’s His Timeline

‘Final’ Bitcoin Bull Market Is Coming, Says Analyst Michaël Van De Poppe – Here’s His Timeline

2026/02/04 16:04
SHIB Price Prediction: Mixed Signals Point to $0.0000085 Target by February End

SHIB Price Prediction: Mixed Signals Point to $0.0000085 Target by February End

2026/02/04 16:04