🔍Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

Revolut Launches Euro-Backed Stablecoin to Enter Digital Money Market

Revolut Launches Euro-Backed Stablecoin to Enter Digital Money Market

By Michael HennesseyRevolut launched a euro-backed stablecoin as the fintech looks to develop its digital money offering.The digital bank said Wednesday that EURR, issued by Stripe subsidiary Bridge, will initially be available to eligible customers in Denmark, Poland and Portugal.Revolut said the m…

Rain CEO says stablecoin payments reach more than 100,000 merchants without them knowing it

Rain CEO says stablecoin payments reach more than 100,000 merchants without them knowing it

Stablecoin payments facilitated by Rain are already reaching more than 100,000 merchants without them knowing it, according to CEO Farooq Malik, as stablecoins increasingly move through existing payment networks.Malik told The Block' s Kelvin Sparks at Wyoming Blockchain Symposium 2026 that such tra…

White House crypto adviser Patrick Witt says he is ‘optimistic and bullish’ on Clarity Act as stablecoin fight resurfaces

White House crypto adviser Patrick Witt says he is ‘optimistic and bullish’ on Clarity Act as stablecoin fight resurfaces

The White House’s top cryptocurrency adviser said he is feeling “bullish” ahead of the first planned vote on sweeping crypto legislation, even as disputes over stablecoin rewards continue to resurface.Speaking Tuesday at the annual SALT conference in Wyoming, the White House's Patrick Witt said he r…

USDT Still Leads Stablecoin Volume as USDC Gains Momentum, NOWPayments Data Shows

USDT Still Leads Stablecoin Volume as USDC Gains Momentum, NOWPayments Data Shows

Amsterdam, Netherlands, August 16th, 2026, ChainwireUSDT remains the dominant stablecoin by business transaction volume on NOWPayments, but new platform data shows USDC gaining momentum fast. In H1 2026, USDC transaction count increased 209.02% year over year and transaction volume rose 101.63%, whi…

Aptos USDT Supply Tops $1.1B, But APT Price Barely Moves

Aptos USDT Supply Tops $1.1B, But APT Price Barely Moves

Aptos has crossed a notable stablecoin milestone, but its native token is not exactly celebrating. USDT supply on the network has moved beyond $1.1 billion after crossing $1 billion earlier this year, with Tether’s stablecoin now accounting for roughly 79% of the network’s stablecoin value. Yet APT …

Citigroup CEO Jane Fraser Backs CLARITY Act Despite Stablecoin Reward Concerns

Citigroup CEO Jane Fraser Backs CLARITY Act Despite Stablecoin Reward Concerns

Citigroup CEO Jane Fraser said she hopes the CLARITY Act passes, even though she remains concerned about how it treats stablecoin rewards. According to ChainCatcher, Fraser said Citigroup is still pushing for improvements to the bill.Fraser said allowing stablecoin platforms to offer rewards on user…

Can XRP Hold Above $1 in August 2026?

Can XRP Hold Above $1 in August 2026?

XRP is defending the $1 level after dipping to $1.01, recovering toward $1.04 as the CLARITY Act sinks deeper into legislative uncertainty ahead of a September vote.The psychological floor held, though the token remains the weakest performer among major cryptocurrencies this week.Why the CLARITY Act…

Celo: cNGN goes live on the network - 06 Aug 2026

Celo: cNGN goes live on the network - 06 Aug 2026

Celo's announcement says cNGN is live on Celo as of 06 Aug 2026, backed 1:1 by Naira reserves. The stablecoin supports applications including lending, payments, remittances, and onchain foreign exchange.The deployment adds a Nigerian naira rail to Celo's stablecoin ecosystem. It gives applications o…

Circle Faces Crypto Slump and New Competitor Ahead of Earnings — Barrons.com

Circle Faces Crypto Slump and New Competitor Ahead of Earnings — Barrons.com

By Joe LightInvestors in Circle Internet Group dream of a future where its flagship stablecoin USDC becomes the preferred currency for the burgeoning fleet of artificial intelligence agents.For now, however, the firm is hurting from a continued slowdown in the crypto market, and the announcement of …

Nigeria sets crypto tax collection rules for digital asset platforms

Nigeria sets crypto tax collection rules for digital asset platforms

Nigeria’s revenue agency has issued rules requiring crypto platforms and peer-to-peer (P2P) marketplaces to collect, report and remit taxes, including paying some withheld amounts in digital tokens.In its Guidelines on Taxation of Virtual Assets, the Nigeria Revenue Service (NRS) said income tax ded…

Retail Brokers Face an Identity Shift as Crypto and Tokenisation Reshape the Industry

Retail Brokers Face an Identity Shift as Crypto and Tokenisation Reshape the Industry

The crucible of financial services has always catered for risk-takers, first and foremost. Yes, marketplaces are used by all sorts of participants, including risk mitigators and the like, but the ones who seek the grandest rewards often take the greatest risks. It is a deeply ingrained brute fact th…

$7B Stablecoin Outflow Raises Liquidity Concerns Despite Bitcoin Holding Above $60K

$7B Stablecoin Outflow Raises Liquidity Concerns Despite Bitcoin Holding Above $60K

Stablecoin demand is showing signs of weakening even as Bitcoin continues to trade above $60,000. New CryptoQuant data reveals that Binance has recorded nearly $7 billion in net stablecoin outflows so far in 2026, raising fresh concerns that trading liquidity is slowly leaving the crypto market.Bina…