The Monetary Authority of Singapore sees a wholesale CBDC as an anchor for a system in which private settlement assets are used for different market needs.
XRP is the latest token to be wrapped in a spot exchange-traded fund after the introduction of bitcoin and ether funds 2024 and solana just weeks ago.
The crypto asset manager submitted an S-1 to the SEC for a proposed stock offering as industry players accelerate moves into U.S. public markets.
The USDC issuer’s new stablecoin foreign exchange engine aims to modernize cross-border payments, reduce risk and streamline settlement.
The move comes as RISE’s acquired BSX Labs, a perp DEX on layer-2 Base, whose technology will underpin RISE’s new global markets offering.
Chainlink (LINK) was also a top performer, rising 4% from Tuesday.
The move links traditional finance infrastructure with blockchain rails as major institutions push deeper into tokenized markets.
Bitcoin’s recent price drop from $126,000 to $106,000 is forming a bullish falling wedge pattern.
Despite the bounce, the token’s broader setup remains cautious, with resistance building near $980 and subdued volume suggesting a lack of conviction.
The bank said USDC remains the frontrunner to dominate digital dollars as the company’s third-quarter results topped forecasts.
Hedera (HBAR) was also among the top performers, gaining 9.9% over the weekend.
The U.K.’s central bank said on Monday it is proposing “temporary” limits of 20,000 pounds ($26,300) per coin for individuals and 10 million pounds for businesses.