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CoinMarketCap

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CoinMarketCap

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  • CMC News: $XRP Ledger Wins Major Institutional Deal as Guggenheim Launches Tokenized Commercial Paper.
  • Optician: 'What do you see at the end of the road?' Me: 'Is that... CoinMarketCap?' Optician: 'That's supposed to be a hot air balloon' Me: 'Yeah, exactly. CMC.'
  • CMC News: Coinbase has officially rolled out wrapped versions of $XRP and $DOGE on its Base layer-2 network. The new cbXRP and cbDOGE tokens maintain 1:1 backing with actual $XRP and $DOGE held in Coinbase custody. This move enables cross-chain functionality for both cryptocurrencies within Base's expanding DeFi ecosystem. Within 24 hours of launch, over 2.3 million cbXRP worth $5 million and 10.4 million cbDOGE worth $1.9 million were issued. The wrapped tokens join Coinbase's existing cbBTC, which has reached a market cap of $4.7 billion since its September launch. Additional wrapped assets, cbLTC and cbADA, remain in development with launch dates pending. Base positions itself as a competitive layer-2 solution offering reduced transaction costs and faster processing for DeFi users.
  • CMC News: Coinbase CEO Brian Armstrong has cautioned that $BTC could replace the U.S. dollar as the global reserve currency if Congress fails to address America's $37 trillion debt crisis.
  • CMC News: TGBP Stablecoin Launches as U.K. Regulatory Framework Takes Shape. BCP Technologies has launched its British pound-backed stablecoin $TGBP on the Ethereum blockchain. The FCA-registered firm positions the token as a "live proof-of-concept" for upcoming U.K. stablecoin regulation. Each $TGBP token represents one British pound held in segregated bank accounts. The company plans to eventually back the stablecoin with short-term U.K. government bonds in line with FCA proposals. BCP will participate in FCA roundtable discussions on July 4 regarding new regulatory frameworks. Major exchanges are expected to list $TGBP in the coming weeks following a 14-month regulatory submission process. The pound stablecoin market remains largely untapped, with existing options having less than $500,000 combined market cap. BCP targets use cases including cross-border payments, institutional collateral management, and tokenized asset settlement.
  • CMC News: XAUt0 Launches Omnichain Gold Token on TON Network Tether has unveiled XAUt0, the omnichain version of its gold-backed stablecoin $XAUt, with first deployment on TON Network. The token enables seamless movement across blockchains using LayerZero's Omnichain Fungible Token standard. XAUt0 maintains 1:1 backing through 7.7 tons of London Bullion Market Association-certified gold in Swiss vaults. Unlike traditional gold ETFs offering only price exposure, XAUt0 provides direct ownership with 24/7 access and physical redemption options. The omnichain deployment opens new DeFi possibilities, including multichain lending and gold-FX arbitrage strategies. The current $XAUt market cap stands at $770 million with independently verified reserves following ISAE 3000 standards.
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  • The most accurate forecast I've ever seen - CMC all day, every day!
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  • CoinMarketCap posted an update

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