Author: NBTC

The total stablecoin supply has reached a record-breaking $283.2 billion, and it’s not the only milestone. The number of monthly stablecoin senders just climbed to 25.2 million, the highest ever recorded, according to data from Token Terminal. So far in 2025, startups working on stablecoin projects have pulled in $621.81 million in funding. That’s not a typo. It’s seven times more than the $84 million raised in all of 2024. The biggest single deal came from OSL Group, a firm based in Hong Kong that locked in $300 million back in July. That capital’s going straight into expanding operations across…

Japan’s Financial Services Agency (FSA) is reportedly preparing to review regulations that could allow banks to acquire and hold cryptocurrencies such as Bitcoin for investment purposes. The move would mark a major policy shift, as current supervisory guidelines, revised in 2020, effectively ban banks from holding crypto due to volatility risks, according to a Sunday report from Livedoor News. Per the report, the FSA plans to discuss the reform at an upcoming meeting of the Financial Services Council, an advisory body to the Prime Minister. The initiative aims to align crypto asset management with traditional financial products like stocks and…

In a significant move to regain trust after Griffin AI (Gain) was hacked. Binance Alpha announced a Griffin AI token swap on its improved Binance Alpha 2.0 platform. This decision was made after the Hack and continued teamwork between the exchange and the Griffin AI team to make sure that affected users were provided full protections. The exchange previously confirmed that trading of the new GAIN token will officially resume on October 13, 2025, at 12:00 (UTC); which will be welcomed news as it comes after the Project assured prior reporting user protections were at the highest priority, and for…

The crypto market’s two titans, Bitcoin (BTC) and Ethereum (ETH), continue to dominate investor attention as both assets post impressive gains in 2025. Yet, their paths differ in key ways that could define the next phase of digital asset growth heading into 2026. Why Ethereum? Ethereum has outperformed Bitcoin in 2025, rising 30% year-to-date compared to Bitcoin’s 25% gain. Between May and September, ETH more than doubled in price, quickly erasing any earlier underperformance relative to BTC. Ethereum’s key differentiator remains its proof-of-stake (PoS) consensus mechanism, in contrast to Bitcoin’s proof-of-work (PoW) model. While this distinction may seem technical, it…

Changpeng “CZ” Zhao’s $10 billion investment firm YZi Labs is weighing plans to open the fund to outside capital and external investors. YZi Labs manages Zhao’s personal fortune and funds from a few early Binance insiders, including co-founder Yi He. The fund accepted about $300 million in outside funding in 2022, but later returned part of it, citing the overwhelming scale of capital already under management. “There’s always a lot of external investors interested,” Ella Zhang, who heads the fund, told the Financial Times. “We will eventually consider turning it into an external-facing fund. We just think it’s not there…

Ripple (XRP) Chief Legal Officer (CLO) Stuart Alderoty criticized the portrayal of cryptocurrencies as “tools for crime and corruption,” saying that this approach is both baseless and does not reflect reality. In his post on the X platform, Alderoty stated that recent news in traditional media has ignored the transparent blockchain and its large user base. “These words are useful, but lazy and wrong,” Alderoty said, arguing that the primary focus should be on who uses crypto and for what purposes. He noted that digital assets are used by tens of millions of Americans in practical applications like lending, proof…

Foris DAX Middle East, trading as Crypto.com, has received In-Principle Approval (IPA) from the Central Bank of the UAE (CBUAE) for a Stored Value Facilities (SVF) license which will allow it to provide digital payment services for Dubai government fees in UAE Dirham or UAE Dirham-backed stablecoins. Once the final license is granted, the company will be able to provide digital payment services for Dubai Government fees in UAE dirhams or dirham-pegged stablecoins, through the SVF framework. Customers will be able to pay using any digital assets held on Crypto.com’s regulated platform in Dubai, which will convert assets into UAE…

The Ethereum price fell sharply in the past 24 hours, dropping from near $4,300 to as close to $3,400 before partially rebounding to around $3,800. The move came alongside almost $19 billion in crypto liquidations, one of the largest single-day sell-offs this year, led by the China-US tariff dispute. The sudden flush wiped out long positions across major exchanges and sent traders rushing to hedge in futures markets. While Ethereum remains down about 13% at press time, early signs from derivatives and technical charts suggest the sell-off may have gone too far — and that a rebound could be forming…

YZi Labs, the family office founded by Binance co-founder Changpeng “CZ” Zhao, may open up to external investors, the Financial Times reported on Tuesday. The $10 billion investment company, which was rebranded from Binance Labs, is open to the possibility of converting into an investment fund, head of YZi Labs Ella Zhang said in an interview, according to the report. “There’s always a lot of external investors interested and we will eventually consider turning it into an external-facing fund,” Zhang said. While YZi naturally has considerable nous in Web3 investments, it is “still early” in the fields of artificial intelligence…

Top U.S. lawmakers are preparing to meet with major crypto industry figures this week in a private roundtable that could shape upcoming policy decisions. Summary Sen. Gillibrand to host crypto roundtable with industry leaders on Oct. 22. Participants include executives from Coinbase, Ripple, Chainlink, and Uniswap. Meeting follows backlash over a leaked DeFi proposal and stalled negotiations. Pro-crypto Senate Democrats will meet with leading crypto executives on Oct. 22 to discuss stalled digital asset legislation and the future of DeFi regulation. According to an Oct. 20 post on X by Crypto in America host Eleanor Terrett, the roundtable, led by…