Altcoins News

Story: Tether Buys Gold Company, USDC Now on XRP, and Hong Kong Fights Crypto Crime

By Maheen Hernandez

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A Strategy Rooted in Transparency and Stability. Tether CEO Paolo Ardoino described the investment as part of a “forward-looking strategy” aimed at…

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Improved Access and Liquidity for XRP Ledger Users. The addition of USDC improves XRPL’s liquidity and expands stablecoin access for users.

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Fighting Financial Crime with Tech and Collaboration. The goal is to create a tool that can detect suspicious crypto transactions more effectively.

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The crypto market is moving fast with three major updates: Tether's gold investment, USDC becoming available on the XRP Ledger, and Hong Kong’s push to fight crypto crime.

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Tether, the company behind USDT—the most widely used stablecoin—has taken a significant step to diversify its holdings.

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Unlike direct mining investments, gold royalty firms offer low-risk exposure to global gold production.

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Tether CEO Paolo Ardoino described the investment as part of a “forward-looking strategy” aimed at enhancing the company’s financial resilience.

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Tether’s broader strategy includes investments beyond digital assets. The company has already allocated capital into Bitcoin, fintech firms, and other ventures, reflecting a…

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Circle’s USDC stablecoin—the second-largest by market cap—is now fully supported on the XRP Ledger (XRPL).

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The addition of USDC improves XRPL’s liquidity and expands stablecoin access for users. XRPL, known for its high-speed transactions and low fees, is closely tied to cross-border…

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With support now included on Circle Mint and its developer APIs, institutions, fintech apps, and wallets can use USDC natively on XRPL—no bridges or wrapped tokens required.

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Looking ahead, the XRP Ledger is preparing to activate an Ethereum Virtual Machine (EVM) sidechain, expected in Q2 2025, which will expand smart contract capabilities and further…

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As of now, XRP ranks fourth among all cryptocurrencies, trading at $2.24 with a daily volume of $2.2 billion.

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Hong Kong authorities are stepping up their efforts to tackle crypto-related money laundering by developing a blockchain transaction tracking system.

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Between 2021 and May 2025, Hong Kong authorities investigated 39 major money laundering cases, with seven involving cryptocurrency.

The Currency Analytics

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