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- 23:01Ripple's USD stablecoin RLUSD surpasses $1 billion in market capitalizationJinse Finance reported that Ripple's USD stablecoin RLUSD has surpassed a market capitalization of $1 billion less than a year after its launch in December 2024, making it the tenth largest USD stablecoin. RLUSD circulates on both Ethereum and XRP Ledger, with $819 million and $203 million respectively. Ripple President Monica Long stated that the rapid growth is driven by rising institutional demand, expansion of payment networks, and several recent acquisitions. In 2025, Ripple acquired four companies, including trading broker Hidden Road (now Ripple Prime), stablecoin payment company Rail, financial technology provider GTreasury, and wallet infrastructure startup Palisade.
- 23:01Cynthia Lummis: The Crypto Market Structure Bill Is the Most Important Digital Asset Legislation in U.S. HistoryJinse Finance reported that U.S. Senator Cynthia Lummis stated that the crypto market structure-related bill is the most important digital asset legislation in U.S. history and will have a profound impact on industry development and the regulatory framework.
- 22:26The U.S. retail investor index posts its largest drop since Trump's tariffs.ChainCatcher news, according to Golden Ten Data, on Tuesday the Retail Favorites Index fell by 3.6%, marking the largest drop since April 10 and about three times the decline of the S&P 500 Index. This drop was mainly driven by Palantir's disappointing earnings report and "The Big Short" prototype Michael Burry disclosing short positions in both Palantir and Nvidia. In addition, the sharp plunge in bitcoin has further increased pressure on individual investors. The index, compiled by Goldman Sachs, includes stocks such as Palantir and Tesla.