The Federal Deposit Insurance Corporation will release a proposed regulatory framework for implementing the GENIUS Act later this month, Acting Chair Travis Hill said. The agency will supervise subsidiaries of FDIC-regulated banks that issue stablecoins. A second proposal covering prudential requirements for payment stablecoin issuers is expected early next year.

Five XRP spot exchange-traded funds began their first complete trading week together on November 30, 2025, after 21Shares launched its TOXR fund. The funds have recorded combined inflows surpassing $660 million in under 30 days, with no outflows across 10 consecutive sessions. Analysts are monitoring whether liquidity dynamics will shift as the products compete for available supply.

The XRP Ledger processed over 1.05 million payments between unique wallets on Saturday, a 200,000 increase from Wednesday, data show. The 15% overnight surge in network activity contrasted with XRP's 6.7% decline to $2.04 over 24 hours. Trading volumes nearly doubled to $4 billion, indicating heightened selling pressure despite rising on-chain usage.

XRP declined more than 6% to approximately $2.02 on December 1 amid heavy selling by large wallet holders. On-chain data show wallets controlling between 1 million and infinity tokens reduced holdings sharply, reversing months of accumulation. The distribution trend, visible since September, accelerated through the final week of November.

Cardano has introduced a community proposal to allocate 70 million ADA tokens, approximately $30 million, toward integrating tier-one stablecoins, custody providers, bridges, oracles, and institutional analytics platforms. The initiative is backed by Input Output, EMURGO, the Cardano Foundation, Intersect, and the Midnight Foundation. The proposal aims to establish core DeFi infrastructure ahead of 2026, targeting expansion of the network's stablecoin base from $40 million into the low-hundreds-of-millions range.

NYSE Arca certified Grayscale's Chainlink Trust ETF for listing on Monday, with trading set to begin Tuesday on the New York Stock Exchange. The product marks the first exchange-traded fund offering exposure to Chainlink's LINK token. LINK currently holds a market capitalization near $8.5 billion.

Ripple's RLUSD stablecoin has reached $1.26 billion in total supply, with $1.03 billion or 82% deployed on Ethereum and $235 million on the XRP Ledger. The distribution reflects Ethereum's mature DeFi infrastructure and deep liquidity pools compared to XRPL's emerging ecosystem. Weekly transfer volume on Ethereum now averages approximately $1.0 billion, up from $66 million at the start of the year, according to Token Terminal.

U.S. prediction market platform Kalshi has launched tokenized versions of thousands of its betting markets on the Solana blockchain. The integration introduces permissionless access to the platform's liquidity pool for developers, aiming to attract crypto-native users and intensify competition with blockchain-based rival Polymarket. Kalshi is collaborating with Solana protocols DFlow and Jupiter to bridge its off-chain orderbook to onchain infrastructure.