EddieJayonCrypto
8 Apr 25
The US Morning Briefing highlights significant developments in the crypto market. Standard Chartered predicts that XRP could surpass Ethereum by 2028 due to its cross-border payment use. Tether plans to launch a US-focused stablecoin for institutional investors, aiming for transparency and complianc...
Standard Chartered predicts that XRP could surpass Ethereum by 2028 due to its use in cross-border payments, with Geoff Kendrick highlighting its potential for sustainable gains. The institution also underlined Bitcoin's resilience during market disruptions, indicating a positive outlook for the broader crypto market.
Tether aims to launch a US-focused, institutional-grade stablecoin, emphasizing transparency and compliance to drive institutional adoption. This move is expected to reshape the stablecoin market and further integrate crypto into the mainstream.
Analysts anticipate a substantial cryptocurrency rally in 2025, propelled by Quantitative Easing and growing institutional confidence. Market trends and influences, including the performance of Bitcoin and stablecoins, are also discussed, offering valuable insights into the current state of the crypto market.