By Jon Nielsen Key highlights: Ripple, Mastercard, Gemini, and WebBank will pilot stablecoin settlement of fiat card transactions using RLUSD on the XRP Ledger RLUSD, Ripple’s dollar-backed stablecoin, is regulated by NYDFS and supported by institutions like BNY Mellon The initiative aims to improve payment speed and transparency while maintaining full regulatory compliance Trade Crypto […]
Tag: NYDFS
By Marco Piccolo Key highlights: Ripple has filed for a national bank charter and applied for a Federal Reserve master account to bolster its stablecoin ambitions. The firm partnered with OpenPayd to expand RLUSD stablecoin usage and supported Mercado Bitcoin’s $200M RWA tokenization on the XRP Ledger. XRP reached a 30-day high of $2.34, with […]
By Emir Abyazov Bitcoin briefly tested the $110,000 level, while the developer behind Ethereum announced the formation of the Ethereum Community Foundation. Kazakhstan also voiced support for establishing a state-backed crypto reserve, among other notable developments from the past week. Bitcoin did not hold at $110,000 Bitcoin’s price began the week with a decline. On […]