Month: April 2025

FDUSD stablecoin depegs following claims made by Justin Sun

The First Digital US-dollar pegged stablecoin (FDUSD) depegged on April 2 following claims of insolvency from Tron network founder Justin Sun, who said that the issuer of the tokenized fiat equivalent, First Digital, is insolvent. First Digital responded to the claims by assuring users that the issuer is completely...
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XRP price hangs on a thread as Kraken adds RLUSD

The XRP price was trading above a crucial support level on Wednesday after Kraken added its stablecoin. Ripple (XRP) was trading at $2.10, down over 37% from its highest level this year. The decline has brought its market cap to…...
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Ripple merges RLUSD into payments platform to expand utility

Ripple has integrated its USD-backed stablecoin, RLUSD, into its flagship payments platform, Ripple Payments.  Ripple (XRP) is doing this to improve cross-border payment efficiency and expand RLUSD’s (RLUSD) utility among financial institutions, according to a note shared with crypto.news. Since…...
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Fidelity Launches Fee-Free Crypto IRA, Offering Direct Access To Bitcoin, Ethereum, And Litecoin For US Investors

Fidelity Investments has introduced a new crypto-focused retirement account, giving individual investors the opportunity to hold digital assets directly in tax-advantaged retirement portfolios. The offering includes access to Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Litecoin (CRYPTO: LTC), and is available to U.S. residents aged 18 and older. Assets...
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