Join the CryptoPress Newsletter

Get exclusive market insights, Web3 alpha, and curated crypto intelligence delivered directly to your inbox.

No spam. Unsubscribe at any time.

Skip to main content

Tag: Stablecoins

A stablecoin is a fiat-backed cryptocurrency that has a value pegged to another stable asset, such as the US dollar.

Ripple Gains Final OCC Approval for National Trust Bank to Oversee RLUSD Reserves

Written on .

Ripple received final approval from the OCC on October 26, 2026, to charter Ripple National Trust Bank following conditional approval in December 2025. The bank will manage segregated RLUSD reserves, act as collateral trustee for holders, and provide fiduciary digital asset custody, while issuance remains with a NYDFS-regulated entity. RLUSD, launched in December 2024, has grown to a market capitalization of approximately $2.5 billion. ...

Crypto regulation, Cryptocurrencies, News, Stablecoins

Continue reading

HSBC Launches Regulated HKD Stablecoin RedCoin for Over 3.3 Million PayMe Users

Written on .

HSBC RedCoin (RCHKD) launched on October 23, 2026, via PayMe for over 3.3 million users. Supports instant peer-to-peer transfers and payments at more than 100,000 merchants. Circulating supply reached about HKD 80.7 million, fully backed by cash reserves. HSBC has launched its first stablecoin, HSBC RedCoin (RCHKD), a Hong Kong dollar-denominated token now available on the bank’s PayMe app, marking a significant step in regulated retail...

Crypto regulation, Cryptocurrencies, News, Stablecoins

Continue reading

Crypto Markets Rebound: Bitcoin Tops $82K on China GDP and Futures Rally

Written on .

Bitcoin has extended its recovery, trading around $82,500 to $82,700 after a weekend dip near $80,700. The bounce is fueled by China’s third-quarter GDP growth beating estimates at 4.5% year-on-year, stronger retail sales, a rebound in Nasdaq 100 futures after last week’s tech selloff, and easing oil prices. Altcoins outperformed, with the CoinDesk 80 gaining more than the bitcoin-heavy CoinDesk 5, and DeFi tokens leading sector...

Bitcoin, Crypto market, Cryptocurrencies, Stablecoins

Continue reading

Crypto Market Analysis This Week

Written on .

Bitcoin ended the week of 5 to 11 October 2026 at about $83,773, down roughly 3% (Binance daily data via CoinLab; Bitwise puts the drop nearer 2.6%), its first losing week in four. The slide ran from Tuesday to Thursday and bottomed at $80,394 on 8 October before a three-day rebound. On Monday 12 October BTC trades around $84,000 and the total crypto market cap is about $2.82 trillion, with Bitcoin dominance near 59.5% and the Fear &...

Bitcoin, Crypto market, Cryptocurrencies, Stablecoins

Continue reading

Stablecoin Design Choices That Survive a Bank Run

Stablecoin Design Choices That Survive a Bank Run

Written on .

On the evening of March 10, 2023, Circle disclosed that $3.3 billion of the roughly $40 billion in reserves backing USDC remained at Silicon Valley Bank after the bank had been closed by regulators. Within hours, USDC traded as low as about $0.87 on secondary markets. Coinbase and other platforms paused conversions over the weekend while banks were closed. The peg recovered once U.S. authorities guaranteed SVB deposits and Circle resumed...

Cryptocurrencies, Main, Stablecoins

Continue reading

Subscribe to Our Newsletter

Click here       

News

Articles

More

Resources

© Cryptopress. All rights reserved.
Contact

[email protected]

Privacy policy.