Federal Reserve Governor Christopher Waller said stablecoins should be regarded primarily as a new way to make payments, likening them to existing digital transactions rather than to speculative assets

Stablecoin developer Agora has raised $50 million in a Series A round led by venture capital firm Paradigm, with additional funding from Dragonfly, according to statements on 10 July

BIT Mining Ltd., the Nasdaq-listed cryptocurrency mining company better known for its bitcoin operations, said it is overhauling its business to focus on the Solana blockchain

US Securities and Exchange Commission Commissioner Hester Peirce said on 9 July that blockchain-based versions of stocks, bonds or other assets remain subject to existing federal securities laws

President Nayib Bukele said El Salvador’s sovereign Bitcoin reserve is now worth about $691 million, giving the country an unrealized gain of nearly $400 million

Ripple’s U.S. dollar-pegged stablecoin, RLUSD, has surpassed a market capitalization of roughly $500 million

Circle Internet Financial, the issuer of USD Coin (USDC), said it has entered a strategic partnership with cryptocurrency exchange OKX aimed at expanding USDC’s liquidity and reach

Japanese public company Remixpoint has raised approximately ¥31.5 billion (around $215 million) through a financing round aimed at expanding its Bitcoin holdings.

Ripple on Wednesday named Bank of New York Mellon as the primary custodian for the U.S. dollar reserves backing Ripple USD (RLUSD)

Emirates Airline has signed a memorandum of understanding with cryptocurrency exchange Crypto.com