By Marco Piccolo Key highlights: Ripple’s stablecoin RLUSD has crossed a $500 million market capitalization milestone. The Bank of New York Mellon (BNY Mellon) has been selected as RLUSD’s primary custodian. RLUSD aims to compete with leading enterprise stablecoins by targeting institutional use cases. Trade Crypto on Kraken Ripple’s US dollar-backed stablecoin, RLUSD, has surpassed […]
Tag: SVP
By Marco Piccolo Digital Commercial Paper (DCP), a short-term debt instrument backed by U.S. Treasuries and rated Prime-1 by Moody’s, is now available on the XRP Ledger. The move expands the reach of Guggenheim Treasury Services’ flagship fixed income product from Ethereum to Ripple’s high-performance blockchain, marking a significant step in the tokenization of real-world […]
By Dimitar Dzhondzhorov Ripple and its cross-border token remain among the trendiest topics in the cryptocurrency space. In the following lines, we will explore the most recent developments surrounding them. XRP futures coming this month Earlier this week, the US-based crypto exchange Coinbase filed with the US Commodity Futures Trading Commission (CFTC) to introduce XRP […]