Ripple Plans to Launch US Dollar-Pegged Stablecoin
In order to compete with Tether and Circle in the $150 billion stablecoin industry, Ripple will introduce a new stablecoin based on the US dollar. With a combination of US dollar assets, Ripple will keep them as reserves, such as deposits, government bonds, and cash equivalents, and the new stablecoin will retain a one-to-one value. […]
Builders and Devs Drive XRP Price, ODL Transactions Neutral
Explore the complexities of On-Demand Liquidity (ODL) transactions and Ripple’s promotional activities to determine their impact on XRP’s market performance. On-Demand Liquidity (ODL) transactions are extremely important in the cryptocurrency market. ODL enables prompt cross-border transactions through the utilization of XRP as a bridge currency. However, involving the simultaneous purchase and sale of an exact amount […]
Ripple vs SEC: XRP Whales Move 300 Mln Coins
XRP whales transferred over 300 Mln coins in the past 24 hours, reflecting a frenzy as the SEC recently appealed for a final decision on Ripple. In a captivating development, XRP whales appear to be on the move, transferring enormous amounts of tokens over the past 24 hours in response to the U.S. SEC’s (Securities and […]
Ripple CEO and CLO Support ETH and CFTC, Amid SEC Scrutiny
Ripple CEO Brad Garlinghouse and CLO Stuart Alderoty support Ethereum and CFTC in opposing the US SEC. As the U.S. Securities and Exchange Commission opened investigations against the Ethereum Foundation, which is waging a legal campaign to classify Ether (ETH) as security, Ripple chief executive officer Brad Garlinghouse and chief legal officer Stuart Alderoty have both expressed support for […]
Ripple, Coinbase CLO Criticizes SEC for “Misleading” Courts
Ripple CLO Stuart Alderoty and Coinbase CLO Paul Grewal criticize the SEC for misleading courts in other lawsuits similar to the Debt Box case. In the Debt Box case, Ripple and Coinbase chief legal officers join the wider legal and crypto communities in condemning the U.S. Securities and Exchange Commission (SEC) for misleading the court and grossly […]