Stablecoin Inflows Soar $46B in Q3, Led by USDT and USDC
The stablecoin sector has posted one of its strongest quarters to date, with net inflows soaring to $45.6 billion in Q3, marking a 324% increase from the $10.8 billion recorded in the second quarter. The sharp rise highlights growing demand for dollar-pegged assets as traders, institutions and decentralised finance (DeFi)
Wall Street Battles Ripple and Circle’s Bank Charter Bids
As crypto giants Ripple and Circle push deeper into the financial mainstream with applications for U.S. national trust bank charters, a formidable alliance of traditional banking groups is pushing back. The move by these stablecoin issuers to become officially recognised custodians of their reserves has sparked concern among Wall Street
