The Chainlink and ONDO prices are up following JP Morgan’s announcement of its first transaction on a public blockchain. The financial gain teamed up with teams of both crypto giants to carry out this transaction, which involved a tokenized treasury.
Chainlink And ONDO Prices In The Green Amid JPMorgan’s Transaction
CoinMarketCap data shows that Chainlink and ONDO prices are up today following JPMorgan’s announcement of its first public blockchain transaction in partnership with the team behind both crypto assets.
The LINK Price has recovered from losses recorded yesterday and is up almost 1% in the last 24 hours, trading at around $16.86. Meanwhile, the ONDO price is up nearly 5%, surging above the $1 mark on the back of the announcement.
According to the Fortune Crypto report, JPMorgan settled a transaction on a public ledger for the first time with the help of crypto firms Chainlink and Ondo Finance. Both firms are among the top RWA projects, which explains the collaboration.
The report revealed that JPMorgan’s blockchain division, Kinexys, transferred money between two accounts on the private blockchain to settle the purchase of tokenized treasuries on Ondo’s public ledger. The financial giant used Chainlink’s communication protocol, which lets blockchains connect with external data.
Specifically, the network’s Runtime Environment powered the end-to-end transaction, which involved an exchange between Ondo Chain’s Short-Term US Government Treasuries Fund (OUSG) as the asset leg while Kinexys Digital Payments’ network served as the payment leg.
Commenting on this move, Chainlink’s co-founder Sergey Nazarov said,
This is not just another POC. This is the beginning of something big.
LINK Price Primed For Big Moves
In an X post, crypto expert Kelly Kellam indicated that the Chainlink price is primed for big moves. He opined that LINK will flip every crypto asset except the Bitcoin price. He explained that nothing comes close to the altcoin because the Chainlink network is the infrastructure layer of the blockchain and crypto ecosystem that also bridges to web2 systems.
Expert Quinten also suggested that the LINK price is undervalued at its current level. He remarked that it makes no sense why the altcoin is lower in market cap than the XRP price, with all the network’s institutional partnerships.
Crypto analyst CW revealed that Binance’s top traders’ LINK long positions are continually increasing. Currently, the altcoin’s long position ratio on the top crypto exchange is 75.36%. This indicates that traders expect the altcoin to witness a price breakout soon.
The Layer-1 blockchain platform Initia launched its mainnet and airdrop on April 24. The official token is now live in the market and is gaining significant attention due to the new launch and hype around the crypto project. Interestingly, the blockchain platform allocated a significant amount of the airdrop to eligible users. Let’s discuss how to claim.
Initia Mainnet Live, But Airdrop Closes in 30 Days
The Initia mainnet launch is part of the blockchain project’s vision of building an Interwoven Economy. For the same, they have launched the INIT token with a fixed supply of 1 billion, and these will play a significant role in supporting growth, security, and governance.
Interestingly, 50M INIT tokens are allocated to the airdrop, which is 5% of the total supply. These tokens will be distributed among network testers, advocates, and early users of the platform. The Initia airdrop is live, but open for 30 days only, past which the unclaimed tokens will be unavailable.
The eligibility is decided based on the users’ testnet participation, social contribution, and other factors. Interestingly, in contrast to most crypto airdrops of 2025, INIT’s performance was least affected.
The token was launched with an initial price of $0.62 and surged to a high of $0.93 after a 50% rally. The uptrend is still maintained, as the token currently trades at $0.87 with a market capitalization of $132.09M, making it the perfect time to claim.
How to Claim Initia Airdrop tokens?
Along with the Initia mainnet launch, the token has become a hit among investors, as the claim rate has topped more than 80% in the 24 hours. Various crypto analysts have pointed out the reasons behind this success, including long open registration periods, multiple account linking options, clear communication, and much more.
Although most have already claimed the INIT airdrop token, the remaining could follow these steps:
Connect the crypto wallet (the same one that was involved in the testnet activities)
Follow the steps provided on screen
Pay gas fees and confirm the transaction
The Initia token will be transferred to the wallet.
It is important to note that these tokens would not be available after 30 days, i.e., 24 May. Investors must claim their tokens before that. Interestingly, after the Initia mainnet, another mainnet is to go live soon, as the R2 testnet launched. Stay updated.
Stablecoins have cemented their role in the digital finance revolution as one of the stabilizing forces in the crypto market. These are pegged to stable reserves like fiat currencies, for instance, the US dollar, which helps minimize price fluctuations.
Welcome to Coinpedia’s H1 2025 report. This analysis contains a comprehensive examination of the stablecoin sector from authentic sources.
This report showcases the information needed for market participants and enthusiasts to make well-informed decisions and identify opportunities.
Keep reading to know more.
Stablecoin Market Cap ATH: Prediction Rises to $2 Trillion
The first half of 2025 marked a historic moment, with the total stablecoin market cap hitting an all-time high of $251.55 billion, up from $204 billion on January 2. This growth pushed stablecoins’ share of the total crypto market cap from 7.9% to 8.9%, reflecting increased investor confidence and usage.
Source: IntoTheBlock
Despite the ATH market cap, the optimism has not subsided one bit; in fact, it has turned more intense with US Treasury Secretary Scott Bessent’s forecast of flipping $2 trillion by the end of 2028.
Under a more advanced prediction, analysts from Citigroup have also estimated that the market cap could reach as high as $3.7 trillion by 2030. This shows high expectations for growth and displays how opportunistic this sector has become, supported by analysis from major financial institutions.
Market Composition and Dominance
According to DeFiLlama, there are now 264 stablecoins, out of which 162 have a market cap above $1 million. Tether (USDT) continues to dominate the market, with USDC emerging as a strong second.
Stablecoin
Dec 2024 Cap ($B)
Jun 2025 Cap ($B)
Dec 2024 Dominance (%)
June 2025 Dominance (%)
USDT
138
154
71.06
65.64
USDC
41
61
21.52
26.02
USDe
5.5
5.78
2.87
2.46
DAI
3.4
3.65
1.77
1.55
FDUSD
1.9
1.57
0.99
0.67
FRAX
0.64
0.31
0.33
0.13
TUSD
0.497
0.494
0.26
0.21
PYUSD
0.51
0.975
0.26
0.42
RLUSD
0.03
0.366
0.02
0.16
Notably, USDT’s dominance has declined slightly, while USDC’s share has grown steadily. PYUSD and RLUSD showed positive movement, indicating growing investor interest in newer stables.
Exchange Activity and On-chain Signals
Exchange flows remained high throughout the first half of 2025. Net inflows were consistent, indicating strong demand. On-chain volume also rose sharply, from $982 billion to $1.394 trillion by May. Additionally, active stablecoin wallet addresses saw a steep rise, signaling a steady influx of users.
Source: IntoTheBlock
Blockchain Preferences by Stablecoin
A look into chain dominance reveals strong preferences among leading stablecoins:
Stablecoin
Top Chain (%)
Rest (%)
USDT
Tron (50.11%)
Ethereum (40.44%)
USDC
Ethereum (61.58%)
Solana (13.29%)
USDe
Ethereum (96.92%)
others
DAI
Ethereum (87.62%)
others
FDUSD
Ethereum (80.38%)
Solana (8.28%)
RLUSD
Ethereum (83.76%)
XRPL (16.24%)
FRAX
Ethereum (48.77%)
Fraxtal (32.85%)
Clearly, Ethereum remains the central hub for stablecoins, with TRON and Solana gaining notable activity.
Institutional and Corporate Adoption
Meanwhile, the regulatory environment became a catalyst. The GENIUS Act, up for Senate vote on June 17, could reshape the stablecoin landscape. It requires stablecoins to be backed by U.S. dollars or highly liquid assets and enforces annual audits for those over $50 billion in market value.
President Trump’s vocal support for the bill is expected to bolster the dollar’s strength in digital finance. The Trump administration is clearly orchestrating based on a pre-planned long-term strategy, to preserve the supremacy of the dollar amid geopolitical challenges.
Similarly, this bill would clearly change the stablecoin domain, as issuing stablecoins wouldn’t be an exclusive luxury limited to financial tech companies like Circle and Tether. But Santander and Société Générale have entered, raising the hype with a new generation of bank-issued stablecoins.
At the same time, traditional institutions joined the race. Bank of America is fast-tracking its own stablecoin project, awaiting the regulatory green light.
On the corporate front, Circle, the firm behind USDC stablecoin, enjoyed the growing stablecoin market with its latest move this H1 2025 as it went public. Its shares jumped 235% on day one, clearly indicating the strong adoption.
Furthermore, companies like Amazon, Walmart, and Expedia are said to be exploring blockchains and the crypto sector for launching their own stablecoins, possibly to cut card processing fees and streamline payments.
TRON and New Entrants
Apart from giant Ethereum, TRON continues to be a key blockchain for stablecoins. In a major milestone, recently, Justin Sun confirmed that World Liberty Financial Inc. (WLFI) minted its USD1 stablecoin on TRON. Such launches underscore the growing shift toward blockchain-native financial tools.
#TRON has announced the first minting of the USD1 stablecoin on the TRON blockchain. @worldlibertyfi’s strategic decision to mint USD1 on TRON signals a growing trust in the network’s robust infrastructure and demonstrates increasing institutional confidence in TRON’s ability… pic.twitter.com/vHg1vXKeSJ
Moreover, Issuers like Tether are also seeing financial rewards. Recently, Tether reported over $1 billion in Q1 2025 profits, largely from U.S. Treasury yields tied to reserve assets.
End Note: The Stablecoin Era Strengthens
The first half of 2025 showcased a new phase of stablecoin evolution. From rising volumes and dominance shifts to wider institutional use and legislative support. Now, stablecoins are clearly on the path to becoming foundational elements of the global financial system.
As the year continues, the outcome of the GENIUS Act and further corporate moves could define the next leap forward for digital dollars.
Moreover, per the dominance perspective, Tether (USDT) and Circle (USDC) continue to dominate the market, where Ethereum remains the central hub for major stablecoins, while TRON and Solana are also increasing as stablecoin launchpads.
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The post Stablecoin Performace in 2025 Jan To June appeared first on Coinpedia Fintech News
Stablecoins have cemented their role in the digital finance revolution as one of the stabilizing forces in the crypto market. These are pegged to stable reserves like fiat currencies, for instance, the US dollar, which helps minimize price fluctuations. Welcome to Coinpedia’s H1 2025 report. This analysis contains a comprehensive examination of the stablecoin sector …
Scammers are targeting Ledger wallet users with a sophisticated phishing campaign involving fraudulent physical letters posing as official company correspondence.
The deceptive letters misuse Ledger’s branding, logo, and official address, urging users to provide their 24-word recovery phrases under the pretext of a “critical security update.” The letters threaten to restrict wallet access if the instructions are not followed.
Crypto Users Warned of Phishing Scam Involving Fake Ledger Letters
Trader Jacob Canfield exposed the scam via a post on the X (formerly Twitter) platform, highlighting the letter’s alarming authenticity.
Breaking: New scam meta launched. Now they’re sending physical letters to the @Ledger addresses database leak requesting an ‘upgrade’ due to a security risk.
Be very cautious and warn any friends or family that you know is in crypto and is not that savvy. pic.twitter.com/XoUAGQBJXt
“Failure to complete this mandatory validation process may result in restricted access to your wallet and funds. This security measure is Imperative to safeguarding the Integrity of our platform and protecting user assets,” the fraudulent letter read.
According to Canfield, this scam likely leverages a major data breach Ledger experienced in July 2020. Hackers leaked the personal information of approximately 272,000 users, including names, phone numbers, and postal addresses.
This stolen data appears to have enabled scammers to target Ledger users with personalized physical letters, enhancing the perceived legitimacy of the phishing attempt.
Notably, Ledger issued an official response, confirming the letter as a scam. The post emphasized that the company never requests recovery phrases through phone calls, messages, or other mediums.
“Always remember: Ledger will never call, DM, or ask for your 24-word recovery phrase. If someone does, it’s a scam. Stay cautious and keep your crypto safe,” the statement read.
The company urged users to remain vigilant against phishing attempts. Ledger also assured users that its hardware wallets and funds remain secure, as the devices are designed to keep private keys isolated from vulnerabilities.
Canfield highlighted the potential impact on less tech-savvy individuals, particularly elderly users, who may be more vulnerable to such tactics. He requested that Ledger proactively notify its customers through official channels to prevent further exploitation.
The latest scam adds to a long list of fraudulent schemes targeting cryptocurrency users. Recently, an SMS phishing scam targeted several Binance users.
