Tag: stablecoin
Ripple CEO Sounds Alarm as Senate Blocks GENIUS Act, Sparking Stablecoin Concerns
The U.S. Senate has declined to advance the GENIUS Act, a proposed law to create a federal regulatory framework for stablecoins. The decision has spar [...]
Senate Faces Pressure as Stablecoin Market Eyes Explosive Growth
The U.S. Senate is under increasing pressure to take swift action on stablecoin regulation amid projections of massive market expansion. Lawmakers are [...]
Ripple’s Top Lawyer Slams Senator Warren Over Stablecoin Bill Showdown
Ripple’s chief legal officer, Stuart Alderoty, has directly aimed at Senator Elizabeth Warren over her opposition to the GENIUS Act, a proposed stable [...]
SMBC Joins U.S. Firms to Develop Stablecoin Platform by 2026
Japan’s Sumitomo Mitsui Financial Group (SMFG) is working with two U.S.-based companies to quietly build a stablecoin platform that could reshape digi [...]
Binance Moves Nearly $500 Million in USDT, Sparking Market Speculation
A recent report from Whale Alert revealed that Binance facilitated the transfer of nearly half a billion dollars worth of the USDT stablecoin. The tra [...]
Uphold Adds RLUSD Stablecoin, Strengthening Ripple’s Position in the Crypto Market
Uphold cryptocurrency exchange has listed the RLUSD stablecoin, marking a significant step toward increasing Ripple’s credibility. The addition aims t [...]
Ripple’s Monica Long Champions RLUSD as the Future of Compliant Stablecoins
Ripple's newly launched stablecoin, RLUSD, went live on December 17 across significant cryptocurrency exchanges, signaling a new chapter for digital p [...]
Over $175 Million XRP Amid Price Rally, What is Happening?
Another astonishing transfer has stunned the crypto community as more than $175 million worth of XRP was moved to a centralized exchange in the last t [...]
800 Million XRP in One Day, What’s the Significance?
A significant XRP transaction has been tracked by on-chain sleuths, moving a staggering 800 million XRP coins to another wallet in one day. Notably, t [...]
Ripple Likely to Announce Launch Date for RLUSD in its Annual Ripple Swell Event
Blockchain giant, Ripple, is getting set for its annual Ripple Swell event happening in Miami Florida from October 15-16 2024. The event which kicks o [...]