Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Albanian judge killed in courtroom shooting amid growing...
Hamas co-founder snaps after being questioned on Oct....
Trump directs Hegseth to pay troops during ongoing...
I was kidnapped by Boko Haram, and survived....
Trump announces shakeup at top of WH personnel...
Trump refuses to rule out striking Venezuela. What’s...
Venezuelan Nobel Peace Prize winner María Corina Machado...
Putin praises Trump’s peace efforts as ‘really doing...
War Department launches new counter-narcotics task force under...
Kim Jong Un shows off ‘most powerful’ ballistic...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Investing

Crypto Market Update: World Liberty Gets Coinbase Approval With Stablecoin Listing

by admin August 22, 2025
August 22, 2025
Crypto Market Update: World Liberty Gets Coinbase Approval With Stablecoin Listing

Here’s a quick recap of the crypto landscape for Wednesday (August 22) as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at its lowest valuation of the day at US$112,016, a 1 percent decrease in 24 hours. Its highest valuation of the day was US$113,827.

Bitcoin price performance, August 22, 2025.

Chart via TradingView

Ethereum (ETH) was priced at US$4,228.45, trading flat over the past 24 hours. Its highest valuation of the day was US$4,347.92 and its lowest valuation was US$4,211.66.

Altcoin price update

  • Solana (SOL) was priced at US$178.40, down by 2.9 percent over 24 hours, and its lowest valuation of the day. Its highest was US$185.97.
  • XRP was trading for US$2.80, down by 3.5 percent in the past 24 hours and its lowest valuation of the day. Its highest was US$2.92.
  • Sui (SUI) was trading at US$3.34, down by 3.1 percent over the past 24 hours and tallying its lowest valuation of the day. Its highest valuation of the day was US$3.47.
  • Cardano (ADA) was trading at its lowest valuation today at US$0.8274, down by 4.8 percent over 24 hours. Its highest valuation today was US$0.8766.

Today’s crypto news to know

Coinbase approves Trump-backed stablecoin

Coinbase has listed USD1, a stablecoin issued by World Liberty Financial, the crypto project linked to former President Donald Trump and his sons.

The exchange announced the move on Thursday, while Eric Trump reposted the news on X and hinted that additional updates about the project are coming soon.

With the addition, Coinbase now offers US users a wide range of stablecoins including USDT, USDC, PYUSD, DAI, and others. World Liberty launched USD1 earlier this year as part of its push into decentralized finance, positioning the token for use in a forthcoming platform built on Ethereum with Aave technology.

However, the platform is not yet live, but the company has said it will eventually support lending and borrowing services.

The listing comes as the US stablecoin sector gains momentum following the passage of the GENIUS Act, which set national standards for stablecoin issuance and trading.

Still, World Liberty’s political connections remain controversial, especially after reports linked USD1 to a multibillion-dollar investment in Binance from an Abu Dhabi sovereign fund.

Ripple, SBI to bring RLUSD to Japan

Ripple and SBI Holdings have unveiled plans to bring Ripple USD (RLUSD) to Japan, aiming to launch the stablecoin in early 2026.

The rollout will be handled by SBI VCTrade, a licensed digital payments provider, under Japan’s new regulatory framework for stablecoins.

RLUSD, first introduced in December 2024, is backed by dollar deposits, short-term US Treasuries, and cash equivalents, with monthly attestations from an independent firm.

Ripple says this design ensures regulatory clarity and sets the coin apart as an institutional-grade product. SBI executives described the partnership as a milestone for Japan’s financial system, stressing that the stablecoin will enhance trust and convenience for users.

Ripple officials framed RLUSD as a bridge between traditional finance and decentralized networks, particularly just days after Japan approved its first yen-based stablecoin.

Austrac directs Binance to appoint external auditor

Binance is facing renewed scrutiny in Australia after the country’s financial watchdog directed it to appoint an external auditor.

Austrac said the exchange failed to meet standards for anti-money laundering and counter-terrorism financing controls, citing gaps in oversight and risk management. The agency also pointed to Binance’s high staff turnover and limited senior management presence in Australia as red flags.

Austrac chief Brendan Thomas warned that global crypto exchanges must adapt to local compliance requirements, regardless of their size.

The action adds to a growing list of regulatory challenges for Binance worldwide, including a record US$4.3 billion fine in the United States last year for failing to block illicit users.

Its founder, Changpeng Zhao, is also serving a four-month prison sentence related to those violations. Meanwhile, in Nigeria, Binance is still battling tax evasion and illegal foreign exchange allegations, with a court trial pushed back to October.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

previous post
Walmart boosts sales outlook as it says tariff costs are rising
next post
CG1 Non-renounceable Pro-rata Entitlement Offer

You may also like

Element79 Gold Corp Provides Update on Social Management...

March 11, 2025

Constellation to Revive Three Mile Island, Sell Power...

September 24, 2024

Rick Rule, Gareth Soloway, David Morgan and More...

December 29, 2024

Aya Gold & Silver Refutes Resource Inflation Allegations

October 1, 2025

Galloper Gold Corporate Update

August 31, 2024

CNN Fear and Greed Index Plunges to Extreme...

March 5, 2025

Keith Weiner: All Roads Lead to Gold Right...

March 27, 2025

QUIMBAYA GOLD LAUNCHES LIDAR SURVEY AT TAHAMI SOUTH...

January 23, 2025

Radiopharm achieves Nasdaq listing of ADS

November 27, 2024

CHARBONE Hydrogen Announces Changes to Board of Directors

December 23, 2024

Recent Posts

  • Albanian judge killed in courtroom shooting amid growing anger over justice system reforms
  • Hamas co-founder snaps after being questioned on Oct. 7 aftermath: ‘Go to hell’
  • Trump directs Hegseth to pay troops during ongoing government shutdown standoff as he rails against Schumer
  • I was kidnapped by Boko Haram, and survived. No thanks to the West’s silence
  • Trump announces shakeup at top of WH personnel office

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (937)
    • Investing (3,171)
    • Politics (3,881)
    • Stock (4)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 Sightful Invest. All Rights Reserved.