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XRP Bearish Trend Deepens as Weak Liquidity and Falling Open Interest Signal Caution

Key Takeaways Two XRP analyses shared by Cryptoquant highlighted weakening futures participation and declining investor activity. Elevated on-chain valuation readings indicate network activity has not strengthened enough to support a broader recovery. Binance futures data indicates traders continue reducing exposure as participation in the derivatives market weakens. Why Are XRP Traders Stepping Back From the…

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Sony Approved to Launch Sony Stablecoin

Sony Bank has secured conditional approval from the Office of the Comptroller of the Currency (OCC), the US federal regulator that charters and supervises national banks, to establish a wholly owned US national trust bank subsidiary called Connectia Trust, with a $40M capitalization. The subsidiary’s mandate is to issue and manage a dollar-backed stablecoin, with…

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PayPal’s Stablecoin Lands on Polygon With Built-In Compliance and Fiat Access

Polygon’s Open Money Stack now supports PayPal’s PYUSD, enabling businesses to move funds globally without managing multiple payment providers separately. PayPal’s US dollar-backed stablecoin, PYUSD, has launched on the Polygon blockchain through a native issuance by Paxos. The latest move allows businesses to use the token for cross-border payments through Polygon’s Open Money Stack….

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