Franklin Templeton, managing $1.7 trillion in assets, is acquiring a crypto-focused spinoff from CoinFund to expand its digital asset offerings. The acquisition will allow the firm to provide specialized crypto investment solutions for institutional clients such as pensions and sovereign funds. This move strengthens Franklin Templeton’s strategy in the fast-growing digital asset market and marks a …
As of late March 2026, Ripple’s dollar-pegged stablecoin had 1.41 billion tokens in circulation, backed by roughly $1.57 billion in reserves — a surplus that points to a stablecoin holding more cash than it owes. Related Reading: Bitcoin ETFs Pull In $56B As CEO Pitches Crypto Over Gold Deloitte Steps In To Verify The Numbers The bigger validation came weeks earlier. On February 27, Deloitte — one of the world’s largest accounting firms — confirmed that RLUSD held $1.568 billion in reserves against 1.49 billion tokens. The Big 4 firm also checked an earlier snapshot from February 19, when the supply stood at 1.54 billion tokens, backed by $1.60 billion in reserves. Both figures showed the same pattern: more money in reserve than tokens outstanding. The attestation was not a full audit. It was a point-in-time check confirming that reported figures matched reserve assets on those two specific dates. Still, having Deloitte sign off carries weight, especially for a stablecoin still building its track record. What The Regulators Require RLUSD operates under a license from the New York State Department of Financial Services, which sets strict rules on how reserve assets can be held. Issuers must keep funds in segregated accounts and limit their holdings to low-risk instruments. Eligible options include short-term US Treasuries, overnight reverse repurchase agreements, insured bank deposits, and approved money-market funds. According to Deloitte’s report, RLUSD’s reserve structure meets all of those requirements. The NYDFS framework is considered one of the tougher regulatory regimes for stablecoins in the US. Passing that standard — and having it verified by an outside firm — gives institutional users a clearer picture of what backs the tokens they hold. Ripple Follows A Trend Already In Motion Ripple is not alone in going this route. Earlier this year, Tether selected KPMG to examine the reserves behind USDT, its own dollar-pegged token, as part of a push into the US market. Data shows that stablecoin issuers across the board are moving toward third-party verification, driven partly by growing regulatory pressure and in part by competition for trust among large financial institutions. Related Reading: Bitcoin Mining Nationalized? US Senators Float Bold New Reserve-Backed Bill RLUSD remains far smaller than USDT or USDC by market size. But consistent reserve surpluses and a clean regulatory record are exactly the kind of credentials that tend to attract banks and payment firms looking for a stablecoin they can rely on. The numbers check out — now Ripple needs the market to take notice. Featured image from Meta, chart from TradingView
OpenEden launches HYBOND token offering onchain access to BNY Investments’ Global Short-Dated High-Yield Bond strategy.
Not all analysts agree that further drawdowns are over, as Bloomberg Analyst Mike McGlone insists the crypto bubble is over and bitcoin could still revisit $10,000.
JPMorgan's potential entry into prediction markets could legitimize the sector, attracting more institutional interest and regulatory scrutiny.
The post JPMorgan CEO Jamie Dimon floats prediction market services appeared first on Crypto Briefing.
Hong Kong’s plan to roll out its first batch of stablecoin licences by the end of March has been delayed. A spokesperson from the HKMA confirmed that the process is still underway, with an official announcement expected soon. This comes despite earlier assurances from top officials like Eddie Yue and Paul Chan, who had pointed …
SEI price is beginning to show early signs of a reversal, climbed over 10% today, after an extended period of downside pressure. Recent price action highlights a shift in behaviour, with buyers stepping in aggressively near local lows and driving a sharp reaction backed by rising volume. While the broader trend has yet to fully …
US President Donald Trump nominated Kevin Warsh to lead the Fed, but the financier’s plans to lower interest rates may come up against hard economic realities and a split board.
Bitcoin defensive positioning is building into a potential Easter-driven slowdown, according to analysts at K33.
On April 1, multiple posts on X claimed that the Indian Government had reduced cryptocurrency taxes from 30% to 5% and lowered TDS from 1% to 0.01%. Some posts referenced the Finance Minister and suggested new tax slabs or Bitcoin reserve plans. These claims went viral but lacked any official confirmation. Users quickly questioned their …
Ever since the February drop, the Ethereum price has been trading within a range with predefined resistance and support. In the times when the Bitcoin price is attempting larger moves, ranging from lows around $62,000 to as high as $75,600, the ETH price is failing to secure a range above 2,200. However, the price has …
Gen Z embraces Bitcoin despite acknowledged volatility. Younger investors treat crypto risk as portfolio diversification rather than pure speculation.
Ripple just handed South Korean traders direct access to RLUSD. The stablecoin is now live on Coinone, one of South Korea’s largest regulated cryptocurrency exchanges, with Korean Won trading pairs active as of today. The listing was confirmed by Ripple’s official account: “Korean traders can now access Ripple’s fully-reserved, enterprise-grade stablecoin directly in KRW.” South …
India has postponed its much-anticipated cryptocurrency policy paper indefinitely due to the Reserve Bank of India’s concerns over systemic risks from crypto and stablecoins. The finance ministry had been working on the paper since 2023 to outline potential benefits and regulatory guidance. Officials say current measures, including taxation on digital assets and anti-money laundering monitoring …
Paolo Ardoino said that Tether wanted to allocate 10% to 15% of its $20 billion proprietary investment portfolio to physical gold. Two days later, Tether reported more than $10 billion in profit for 2025 and $6.3 billion in excess reserves. The company had already poached two precious metals traders from HSBC to build what Ardoino […]
The post Tether hired top HSBC gold traders, then cut them weeks before auditors arrive appeared first on CryptoSlate.
The funding round, anchored by Amazon, Nvidia, and SoftBank, is the largest private funding in history.
Bitcoin ended its longest monthly losing streak since 2018 with a green March candle, sparking hopes of a powerful rebound similar to past cycles.
Investors looking to bet on tokenization should think in phases, with institution-friendly networks like Canton likely winning first and Avalanche, Ethereum capturing more upside later, Grayscale's Zach Pandl said.
Uniswap Foundation disclosed $85.8 million in assets and projected funding through 2027 while ranking high among monthly DeFi fees.
In March 2026, public companies added over 47 000 BTC to their balance sheets, with Strategy contributing 44 400 BTC through large weekly purchases funded by STRC and MSTR ATM sales. After about 22 000 BTC was sold by nine firms, the net addition was around 25 000 BTC. Outside of Strategy, roughly 15 companies …
In its 12-year history, the XRP price has formed various trends, some of them bullish and some of them bearish. Each one has led to its own unique trend that seems to have sustained through time, thus prompting investors to turn to historical performance as a possible way to predict where the XRP price might be headed next. Recently, another historical trend has emerged as one analyst charts the altcoin’s performance against that of Bitcoin and how it has reacted in the past. XRP Breakout Again, Bitcoin Always Leads To A Triple-Digit Rally Back in 2024, crypto analyst Javon Marks had highlighted that the XRP price had broken out against Bitcoin. This was important because the XRP price breaking out against the leading cryptocurrency had always led to a major rally, and Marks expected this to repeat itself. Related Reading: The Crowd Is Bearish On Bitcoin, But History Says That’s Bullish True to form, following the breakout, the XRP price had begun to rally hard, and while the analyst had previously predicted a 243% increase, the resulting rally was much better. By the time that the XRP price hit its cycle peak in 2025, it had rallied by more than 500%. This made a confirmation that the trend was strong and followed the same trajectory. Fast forward to 2026, and the crypto analyst has pointed out the same trend again. The only difference is that this time around, the trend seems to be much stronger. XRP is already breaking out against Bitcoin, but the current breakout is the result of an even larger setup, suggesting that the result from this would be even more significant. If the current trend against Bitcoin plays out as it has in the past, then Javon Marks is predicting another triple-digit rally. This would be even more significant than the previous 500% rally, with the crypto analyst predicting that the XRP price could rise 635%. Such an increase would put the XRP price above the $10 level, in line with the predictions of other crypto analysts for the cryptocurrency. At the same time, this would lead to XRP losing a zero against Bitcoin, going from 0.00002 BTC to over 0.00014 BTC. Related Reading: Bitcoin Last Line Of Defense Revealed: Can BTC Price Still Go To $40,000? For now, the focus remains on the $1.5 level, where there seems to be significant resistance building up for the cryptocurrency. Breaking this resistance with momentum would likely set the altcoin on the path to the next rally. Featured image from Dall.E, chart from TradingView.com
Following the close of the deal, its new crypto arm will be called Franklin Crypto, with strategies focused on institutional investors.
The contracts are regulated by Brazil's securities regulator and designed for professional investors with at least 10 million reais ($1.9 million) in assets.
Hong Kong’s first stablecoin issuer licenses have been delayed, even as regulators continue reviewing applications from major financial institutions. The Hong Kong Monetary Authority (HKMA) had targeted March 2026 for approvals, but authorities are now extending the timeline to ensure stricter compliance, risk checks, and transparency requirements. Hong Kong Stablecoin License Delay Raises Compliance Focus …
Franklin Templeton's acquisition signals increased institutional interest in crypto, potentially accelerating mainstream adoption and innovation.
The post Franklin Templeton acquires CoinFund unit to grow crypto offerings appeared first on Crypto Briefing.
Chainlink price is quietly building strength near the $9 level after weeks of sustained pressure, but the real signal is coming from on-chain data. Whale outflows from Binance have started to rise again, hinting that large holders may be stepping in at current levels. This shift often points to supply tightening on exchanges, a condition …
Dorsey's plan strips out middle management, with AI handling coordination, product decisions, and internal alignment.
Your day-ahead look for April 1, 2026
Monzo's strategic pivot to Europe highlights the challenges of US market entry and underscores the importance of focusing on profitable regions.
The post Digital bank Monzo ends US venture to double down on Europe appeared first on Crypto Briefing.
Ripple might be stepping into a whole new league, and this time, it’s not just about crypto hype. In a recent conversation, Ripple President Monica Long laid out how the company plans to do it and why now might be the perfect time. From State License to Federal Ambition Ripple’s stablecoin RLUSD didn’t launch randomly. …