These statements came after the announcement that U.S. President Donald Trump plans to include digital assets like Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA) in the country’s strategic cryptocurrency reserves.

ZachXBT highlighted the absence of stablecoins issued by Circle, Tether, and Paxos in major networks like Cardano and the XRP Ledger. According to him, if these issuers saw a “valuable opportunity” in those networks, they would have integrated their stablecoins into them.

Response from Cardano Foundation

Cardano Foundation CEO Frederik Gregaard stated that stablecoin integration is not the only factor determining a blockchain’s legitimacy. Gregaard emphasized that true legitimacy should rely on factors such as security, decentralization, sustainability, development activities, real-world usage, and community involvement.

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Gregaard noted that Cardano’s long-term goal is to build infrastructure capable of supporting global financial systems. He highlighted that the network is built on technical excellence, security, and scalability. However, he also mentioned that as Cardano’s adoption increases, he expects greater interest from major stablecoin issuers.

Gregaard also pointed out that despite stablecoins like Tether (USDT) and USD Coin (USDC) not being directly issued on Cardano, they can still be used within the ecosystem through the Wanchain Bridge.

Stablecoin Developments on XRP Ledger and Cardano

Although major stablecoin issuers are not directly present on the XRP Ledger and Cardano, both networks have seen stablecoin projects.

The RLUSD stablecoin, developed on the XRP Ledger, started trading on exchanges like Uphold, MoonPay, Archax, and CoinMENA after receiving approval from the New York Department of Financial Services on December 17, 2024. Ripple President Monica Long announced that RLUSD would soon be listed on more exchanges.

On the other hand, in the Cardano ecosystem, the ADA-backed and Shen (SHEN)-collateralized Djed (DJED) stablecoin was launched in 2022. According to CoinGecko data, DJED‘s market capitalization is at 4 million dollars. In 2024, Cardano integrated the fiat-backed USDM stablecoin. The USDM launch on March 18 is seen as a significant step by the community.

These developments show that, although major stablecoin issuers have not yet turned to these networks, stablecoins play an important role in the XRP Ledger and Cardano ecosystems.

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The post Is Stablecoin Supply a Key Factor in Blockchain’s Legitimacy? appeared first on Coin Engineer.

The Strategic Bitcoin Reserve Act (SB1025), co-sponsored by Senator Wendy Rogers and Representative Jeff Weninger, passed the Arizona State Senate Finance Committee with a 5-to-2 vote on January 27.

The bill now proceeds to the Senate Rules Committee for further debate and amendments. If approved by the Senate, the bill will advance to the House of Representatives.

This legislation proposes the creation of a strategic Bitcoin reserve managed by the U.S. Treasury for safeguarding government Bitcoin holdings. It also allows public funds to store digital assets in a “secure, segregated account within the strategic Bitcoin reserve.”

The bill permits government entities or public funds to allocate up to 10% of their capital to Bitcoin (BTC) and other digital assets. It also opens the door for pension funds to invest in Bitcoin, potentially boosting public interest in cryptocurrencies.

Young Generations Show Preference for Crypto Retirement Plans

A Cointelegraph report dated January 16 revealed that 20% of Gen Z and Alpha generations are open to receiving their pensions in cryptocurrency, with 78% expressing more trust in “alternative retirement savings options” over traditional pension systems.

Arizona’s decision to include Bitcoin in its financial strategy could inspire other states to follow suit. Blockchain expert Anndy Lian stated:

“Imagine if your state decided to allocate a portion of your tax dollars to Bitcoin; this might encourage places like Texas or Pennsylvania, where similar ideas have already been discussed, to act faster.”

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However, Lian warned that a Bitcoin reserve would require safeguards due to cryptocurrency’s volatility, highlighting financial risks taxpayers could face.

Could the Bitcoin Reserve Act Skyrocket BTC Price?

Supported by Wyoming Republican Senator Cynthia Lummis, the Bitcoin Act is one of the most anticipated crypto bills in history, generating excitement among investors.

Nationwide approval of a U.S. Bitcoin reserve could potentially push Bitcoin prices beyond the seven-figure mark. Blockstream CEO Adam Back suggested that this potential has yet to be fully reflected in market valuations.

There are currently at least 13 Bitcoin reserve-related bills in various stages across states like Massachusetts, Pennsylvania, Kansas, New Hampshire, Wyoming, Ohio, Utah, and North Dakota.

Trump’s Pro-Crypto Policies Driving Momentum

Bitcoin reserve proposals are gaining traction across the U.S., fueled by President Donald Trump’s pro-crypto policies and recent executive orders.

Success in passing the bill could attract institutional Bitcoin adopters such as pension and sovereign wealth funds, further legitimizing Bitcoin as an asset class.

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New Opportunities for Investors

The Dogecoin ETF and Trump ETF are expected to offer major opportunities in the crypto market. These new investment vehicles will create a wider investment space for investors interested in both Dogecoin and Trump. Additionally, if approved by the SEC, these ETFs could increase interest from large investors in cryptocurrencies.

The Dogecoin ETF and Trump ETF could be a critical turning point for investors. Rex’s applications for these ETFs could boost market activity and provide new investors with a fresh perspective on crypto investments. Investors should make careful decisions when evaluating these ETFs, keeping in mind the market’s dynamics.

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The post Rex Files for Dogecoin and Trump ETFs appeared first on Coin Engineer.

Here’s an overview of the biggest AI Agents in the space:

While chains like Ethereum, Base, and Solana host numerous AI Agents, BNB Chain currently lacks a standout platform in this sector. BAD provides the most flexible framework for designing and deploying AI Agents, positioning itself as a powerhouse for open-source AI innovation on BNB Chain.

In line with Floki’s “BNB first” approach and Binance founder CZ’s vision to see AI thrive on the BNB Chain, we will support the launch of the BAD AI Agent Protocol as it works toward becoming the leading AI Agent Platform on the BNB Chain.

Everything You Need to Know About BAD

BAD is an AI Agent Launchpad Protocol that will launch exclusively on BNB Chain, controlled by Walter Pepenberg, a mysterious AI Agent known as “bad.”

BAD allows for the design, modular enhancement, and deployment of advanced AI Agents. These agents can be equipped with their own deep lore, on-chain transactional capabilities, access to tools, APIs, and data, and integrated into complex decision trees through proprietary Chain Graph technology, which will be open-sourced to the entire BNB Chain community. BAD’s platform features include transaction bots, a launchpad, voice and image generation, social integration, animated avatars, and more. BAD’s AI Agents have unique roles and responsibilities, enabling them to autonomously manage and lead communities and tokens.

Contributions to the Floki Ecosystem

• 35% of the total BAD token supply will be distributed to the Floki Ecosystem.
  • 27% will be airdropped to FLOKI holders on-chain and on supported CEXs.
  • 4% will be airdropped to TOKEN holders on-chain.
  • 4% will be airdropped to Floki Trading Bot users.
• 10% of the BAD token supply will be available for purchase through a presale on the TokenFi Launchpad.

This presale will be available exclusively to $TOKEN stakers, and higher-tier users will receive better allocations during the presale. The TokenFi Supercharger V3 version will reward users for staking earlier and for longer durations, encouraging long-term staking rather than short-term flips.

BAD Token Launch Details

• Launch FDV: $12.5 million
• Total Supply: 1,000,000,000
• TokenFi Raise Amount: $1.25 million
• TGE Price: $0.01250
• Presale Date: January 6, 2025
• TGE Date: January 9, 2025

BAD is led by Walter Pepenberg and a team of experienced web3 professionals, focusing on expanding operations in cryptography, AI Agents, and the broader web3 ecosystem.

FLOKI is the people’s cryptocurrency and utility token of the Floki Ecosystem, while TokenFi is an innovative platform for asset tokenization, allowing users to launch or tokenize assets easily.

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