Bank of America to release stable coin

In a recent statement, the CEO of Bank of America said their bank is exploring releasing a stable coin. However, there is no set timeline, citing low client demand and ongoing assessments of scale and potential partnerships. Morgan Stanley is closely monitoring developments, while Citigroup and JPMorgan have also indicated interest in stablecoin initiatives.

bank of america
(more…)

Ripple applies for US banking license

Ripple’s XRP token is on fire as the company has applied for the US banking license. Ripple is applying for a national bank charter from the OCC. If approved, Ripple would have both state, via NYDFS and federal oversight, a new benchmark for trust in the stablecoin market.

ripple bank
(more…)

Binance Alpha trading volume going down

According to new sources, the trading volume of Binance Alpha is on a continuous decline from the past six days after reaching a peak volume of 2.04 billion dollars on 8th of June and dropping all the way to less than a billion, $987 million dollars to be exact on the June 14th 2025.

binance alpha
Screenshot
(more…)