Stablecoin

Cardano is currently the 13th-largest cryptocurrency by market capitalization, with Monero (XMR) ranked 14th and still about $2.5 billion short of taking the No. 13 spot. Cardano's market cap stands at $8.53 billion versus Monero's $6 billion, while prices were listed at $0.236 for ADA (down 4.46% in 24 hours) and $326 for XMR (down 3.26% in 24 hours).

CaixaBank has obtained authorization under the EU's MiCA framework to operate as a crypto-asset service provider. The approval enables the Spanish bank to offer customers crypto custody, trading-related order execution, and transfers, with a rollout planned in the coming months through its digital banking platform.

On Thursday, SoFi Technologies launched SoFi Big Business Banking, enabling U.S. enterprises to hold deposits, move money, and settle in fiat, SoFiUSD, and select cryptocurrencies 24/7 from SoFi Bank, N.A. The company says the platform combines a nationally chartered bank’s regulatory framework with API-based rails designed to reduce settlement delays tied to traditional banking hours.

Drift Protocol on Solana lost about $285 million in an exploit, including stablecoins such as Circle's USDC. ZachXBT said Circle failed to freeze $230 million USDC that was bridged from Solana to Ethereum via CCTP and claimed it had roughly six hours to act. Multiple protocols reportedly paused activity after the incident, while Circle's CRCL stock extended a decline with MFI falling to 19 and BBP indicating seller dominance.

Ethereum recorded a new quarterly high of 200.4 million transactions in Q1 2026, up about 43% versus the prior quarter. Daily activity peaked at 2.897 million transactions on February 7, 2026, then eased to about 2.363 million by April 2. The quarter's rise coincided with 12.6 million active addresses between January 1 and March 31 and an Ethereum stablecoin market cap near $164.4 billion.

Ripio founder and CEO Sebastián Serrano argues that tokenization delivers the most value when applied to already-liquid, high-demand assets such as US dollars, government bonds and major financial instruments. He says USD-backed stablecoins succeeded because they upgraded existing rails where trillions already move, while pilots for tokenized Treasury bills, currencies and stocks follow the same logic. By contrast, he contends that illiquid, bespoke assets like many NFTs and niche RWAs struggle to generate deep markets, reliable collateral use and broad network effects.

eToro enabled cryptocurrency trading for New York State residents on April 1, 2026, following a BitLicense approval granted in February 2023. The rollout starts with about 20 approved tokens, with staking still under discussion with regulators, and extends the platform's U.S. crypto coverage to 48 states. Separately, Coinbase's Paul Grewal said talks on the Digital Asset Market Clarity Act are "very close", while EDX Markets applied for an OCC national trust bank charter.

Ripple introduced Ripple Treasury, a treasury platform designed to let companies manage crypto and fiat side by side within a single system. The product adds digital-asset accounts and a consolidated dashboard that displays real-time liquidity and records each transaction with both crypto and fiat values. The rollout is positioned for CFOs seeking digital-asset exposure without rebuilding existing treasury workflows.

The Central Bank of Nigeria has launched an AML/CFT supervisory pilot for crypto and fintech firms, selecting six entities to join the initial phase. The program aligns with FATF Recommendations 15 and 16, including the travel rule, and requires monthly compliance data submissions plus audits of onboarding, sanctions screening, and transaction monitoring.

Neo co-founder Da Hongfei released an independent Agreed-Upon Procedures review confirming seven digital asset balances held by Neo Global Development (NGD) in a Binance account as of March 30 at 6:37 a.m. UTC. The review verified the account ownership and matched Binance-reported quantities to a management-prepared list, covering assets including USDC 111,536,196.92 and BTC 1,110.34. The report provides quantities only and states it is not an audit or assurance engagement.