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NFL Urges CFTC to Tighten Rules on High-Risk Sports Prediction Contracts
Upbit Lists RLUSD in KRW, BTC, and USDT Markets
South Korean crypto exchange Upbit announced the listing of Ripple USD (RLUSD) on July 28, 2026, supporting KRW, BTC, and USDT trading pairs. Deposits and withdrawals are only available via the XRP Ledger network and require a destination tag. Temporary trading restrictions apply at launch, including delayed buy orders, sell price limits, and limit orders only. Ripple reports a circulating supply of approximately 1.51 billion RLUSD with reserves of $1.62 billion.
RLUSDstablecoin listingUSDT marketRipple USD2 hours ago
Ripple's RLUSD Listed on South Korea's Largest Exchange
South Korea's largest cryptocurrency exchange, Upbit, has listed Ripple's compliant stablecoin RLUSD, offering three trading pairs: RLUSD/KRW, RLUSD/BTC, and RLUSD/USDT. Since its launch in December 2024, RLUSD has been listed on several major exchanges. Data shows that Bullish is the largest trading platform for RLUSD, accounting for about 52% of spot trading volume, with the XRP/RLUSD pair being the most active. South Korea is a key market for XRP, and XRP/KRW is the highest-volume trading pair on Upbit.
XRPSouth KoreaStablecoinListing2 hours ago
Stablecoins See $7.7B Drop in Market Cap as Transaction Volume Hits $1.79T
In June 2026, the total market cap of stablecoins fell by $7.7 billion to approximately $312 billion, marking the first monthly decline in five months and the largest dollar drop since the Terra collapse in 2022. However, on-chain activity did not follow suit, with adjusted transfer volume reaching a record $1.79 trillion, up 63% month-over-month and 125% year-over-year. USDC processed about $1.21 trillion, while USDT handled $576 billion. The article notes that the contraction is far smaller than the Terra crisis, with no widespread de-pegging, and is mainly due to reduced circulating supply rather than price collapse.
USDCTransaction VolumeSupply DeclineStablecoin3 hours ago
Coinbase CEO: Crypto Firms Pivoting to AI Is 'Zero-Sum' Thinking
Coinbase CEO Brian Armstrong pushes back against the idea that crypto companies should pivot to AI, calling it 'zero-sum, scarcity thinking.' He argues that crypto is the infrastructure underpinning AI, not a competitor. AI agents need 'real-time programmable money' for transactions, and crypto provides that financial layer. He dubs this vision 'Agentic Finance' or 'AiFi.' Coinbase has already cut 14% of its workforce to become 'AI-native' and uses USDC stablecoin to support agent payments.
BTCCrypto InfrastructureAgentic FinanceBrian Armstrong19 hours ago
Brian Armstrong Says AI Agents Will Out-Transact Humans Using Crypto
Coinbase CEO Brian Armstrong predicts that AI agents will conduct more daily transactions than humans, leveraging crypto infrastructure. He argues that crypto serves as the financial layer for AI, providing programmable money. Coinbase is developing Agentic Finance, including products like x402, Base, USDC, wallets, trading tools, and business payments. Armstrong emphasizes that AI agents cannot use traditional banking and need blockchain and stablecoins for fast, programmable global settlements. Coinbase has launched products like Coinbase for Agents, enabling AI agents to execute crypto transactions and monitor markets within user-set limits.
ETHCrypto InfrastructureAgentic FinanceBrian Armstrong2026-07-27
Circle Partners with Kakao and Toss to Advance Stablecoin Adoption in South Korea
Circle has signed memorandums of understanding with South Korea's Kakao Group and Toss to explore stablecoin payments, blockchain settlement, and digital asset infrastructure. Kakao plans to evaluate a Korean won stablecoin, remittances, and merchant settlements, while Toss will explore USDC-based services, digital wallets, and programmable payments. The move aims to boost stablecoin and tokenized financial product adoption as South Korea's regulatory framework evolves.
USDCCross-border PaymentsBlockchain SettlementSouth Korea2026-07-23
BIS Reveals How Stablecoins Are Bypassing Capital Controls
A study by the Bank for International Settlements (BIS) finds that dollar-pegged stablecoins are circumventing capital controls in over 130 economies, posing challenges to monetary policy in emerging markets. Stablecoins flow through crypto exchanges, peer-to-peer markets, and self-hosted wallets, bypassing traditional banking restrictions. The research shows stablecoin inflows are unaffected by capital controls, unlike traditional foreign currency deposits. This trend may undermine monetary sovereignty, especially in emerging economies with high inflation, currency depreciation, or foreign exchange restrictions.
USDTCapital ControlsEmerging MarketsMonetary Policy2026-07-21
Tether Gold Gains Commodity Status in Abu Dhabi as Locked Value Triples
Tether Gold (XAUT) has been granted commodity status in Abu Dhabi, allowing regulated financial institutions to offer related services. According to DefiLlama, XAUT's locked value surged from $826 million to $2.86 billion over the past year, an increase of about 246%. This milestone follows USDT's recognition as a compliant fiat-referenced token, marking another step for Tether in the Middle Eastern financial hub. Tether is also expanding into tokenized gold, U.S. payroll payments, and Latin American banking.
XAUTCommodity StatusTokenized GoldLocked Value2026-07-20
73 Sells, 0 Buys: Is This Circle Management's 'Long-Termism'?
This article examines the phenomenon of Circle management continuously selling shares while buying none, even after a sharp decline in CRCL's stock price. Since listing, insiders have sold 73 times, cashing out approximately $664 million, including key executives like the CEO, CFO, and President. The article questions the contradiction between management's proclaimed 'long-termism' and their actual actions, and reassesses Circle's valuation logic: its revenue heavily depends on USDC reserve yields, facing challenges from interest rate cuts and intensifying competition. The market is reevaluating whether Circle deserves a high-growth valuation.
USDCCircleForm 4Insider Selling2026-07-20
Cathie Wood's ARK Invest Buys $13.7M in Circle Shares, Sells Robinhood Stock
On July 9, Cathie Wood's ARK Invest purchased 217,896 shares of Circle Internet Group for approximately $13.7 million, while selling 85,319 shares of Robinhood worth about $9.8 million. Over the past two months, ARK has invested over $37 million in Circle, the issuer of USDC stablecoin. Circle's stock has fallen 68% from its IPO high, but analysts have an average price target of $131.76, implying 109% upside. The article also discusses the CLARITY Act and risks from Tether competition.
USDCStock TradingCathie WoodARK Invest2026-07-10