Wall Street may be underestimating a bitcoin-linked carry trade resembling the yen carry trade as capital shifts from Fed funds to higher-yield income products. Strategy’s STRC shows an 11.52% effective yield, underscoring the widening spread attracting institutional focus.
Key Takeaways:
Comparison to the yen carry trade signals potential for large-scale capital reallocation.
STRC offers…
Grayscale Research said Ethereum, Solana, Canton, Avalanche, BNB Chain, and Chainlink are positioned to benefit as tokenized assets expand. The firm estimated tokenized assets at about $30 billion, up 217% year-over-year.
Key Takeaways:
Grayscale identified Ethereum…
Rakuten Wallet added XRP access to one of Japan’s largest consumer payment networks, a rollout highlighted by a Ripple manager on April 30. Users can convert Rakuten Points into XRP, trade in-app, and charge Rakuten Cash through Rakuten Wallet for spending via Rakuten Pay…
Coinbase says prediction markets should stay under CFTC oversight, arguing event-based contracts already fit within federal derivatives law. The company laid out four points in a comment letter and public post.
Key Takeaways:
Coinbase urged the CFTC to regulate prediction markets under existing derivatives law.
Federal oversight could prevent fragmented state enforcement across interstate…
Ripple expanded its Dubai presence with a new regional headquarters to support Middle East and Africa growth. The office adds capacity to double its regional team as demand rises for regulated blockchain payment and custody solutions.
Key Takeaways:
Ripple opened a Dubai…
Evernorth CEO Asheesh Birla linked XRP to a potential U.S. payments shift as policymakers weigh limited Federal Reserve account access for stablecoin issuers. The proposal frames XRP as a possible dollar movement rail if RLUSD qualifies under the structure.
Key…
Bitcoin fraud claims led to a federal prison sentence for Sze Man Yu Inos. The case highlights how personal trust and false investment promises can expose older victims to major losses.
Key Takeaways:
Inos received prison time after prosecutors described false bitcoin investment claims.
Saipan victims faced wider financial harm as the scheme expanded geographically.
Federal prosecutors framed the…
Ripple Prime clients gained direct BTC options access through Bullish on April 29, expanding institutional derivatives trading. The rollout enables RLUSD use in options trading and connects clients to one of the largest regulated BTC options markets by open interest.
Key…
Binance says crypto adoption is moving beyond trading toward payments, yield, tokenized assets, and AI. The company cited stablecoin supply above $320 billion and monthly on-chain volume of $7.2 trillion.
Key Takeaways:
Binance said crypto adoption is expanding through…
RLUSD Goes Live on OKX With XRP Pair and 280+ Markets
April 30, 2026
Ripple and OKX announced on April 29 that RLUSD is now live on eligible OKX markets, adding 280+ spot pairs and derivatives collateral support. The rollout includes XRP/RLUSD trading, XRPL deposits and withdrawals, and access to OKX’s unified order book.
Key Takeaways:
Ripple and OKX launched RLUSD across 280+ eligible spot pairs.
Traders gain RLUSD collateral support, XRPL transfers, and…
