Ripple Launches Stablecoin RLUSD: Will XRP’s Rally Accelerate?
Ripple’s USD-backed stablecoin aims to transform cross-border payments with price stability and regulatory compliance, while XRP’s price surges to new heights.
Ripple co-founder Chris Larsen’s donation reflects his confidence in Kamala Harris’s pro-innovation stance on crypto and tech.
XRP has just processed more than 6.3 million transactions in one minute. It has thus shown that it can process large transactions well. Despite the uncertainty surrounding the SEC./.Ripple appeal, XRP continues to rise. It is now also in the crypto custody market.
The XRP price took a big hit after the United States Securities and Exchange Commission (SEC) filed an appeal against the court's ruling, which says XRP isn't a security. After this, lots of Ripple investors are now looking at altcoins with high utility and cutting-edge solutions like WLTQ, the native token of the WallitIQ ecosystem. As an AI-backed crypto wallet, WallitIQ (WLTQ) could be the future of crypto storage in the DeFi space, offering users, including Ripple investors, a reliable platform for safely storing and interacting with their digital assets.
Chris Larsen's crypto contribution supports Harris' presidential bid amid Ripple's ongoing legal battle.
Ripple is launching a new business segment under the Ripple Custody brand. We also store cryptocurrencies for financial companies. The new offering also includes Crypto Vaults, which are basically storage units with simple default settings. Boston Consulting reckons the business could be worth 16 trillion US dollars by 2030.
The head of the SEC's enforcement division quit just hours before the appeal against the Ripple judgement. People in the know see this as the end of a power struggle within the SEC leadership.
The asset manager Bitwise is applying for an ETF for the Ripple token, which is great news for the XRP community. So, what are the chances of SEC approval?
Some people think that if he's elected, the latest family business venture of the US presidential candidate could cause a conflict of interest.
Ripple launches private beta testing of its new stablecoin, RLUSD, on Ethereum and XRP Ledger, signaling its entry into the $160 billion stablecoin market.