Ripple has extended the reach of its U.S. dollar-backed stablecoin, Ripple USD (RLUSD), enabling it to move natively across multiple blockchain ecosystems through Wormhole's Native Token Transfers (NTT). This integration enhances RLUSD's utility in cross-border payments, tokenization, and institutional liquidity management by providing compliant dollar liquidity access across supported networks. The move supports Ripple's multichain strategy, expanding RLUSD beyond its initial launch on XRP Ledger and Ethereum to include Layer-2 solutions and other blockchains like Optimism and Base. This expansion is expected to boost RLUSD's role in the growing cross-chain stablecoin infrastructure and institutional finance.
Bitcoin ETFs saw a strong inflow of $517.19 million, the highest since early May, as Bitcoin prices climbed above $70,000. Ether ETFs also gained $189.15 million in net inflows, driven by ETH rising above $2,000. Major fund managers like Blackrock le...
XRP surged over 10% near $1.10 following Bitcoin's sharp 8% rise to $72,281, triggering more than $1 billion in Bitcoin short liquidations. This major short squeeze reflects renewed bullish momentum after months of decline. Amid this volatility, UE C...
Major cryptocurrencies saw significant gains, with Bitcoin rising 6.2% to $72,557 and Ethereum up 10.9% to $2,326.79. Other notable increases include XRP up 16.1%, Dogecoin up 10.7%, and several altcoins showing double-digit percentage gains. This su...
XRP surged 24% in the past 24 hours to around $1.26, making it the best-performing cryptocurrency among the top 100 by market capitalization. The token also gained 31% over the past week, driven largely by strong trading activity in South Korea and a...
Ripple has minted an additional 900,000 RLUSD stablecoins amid a sharp rally in XRP price, which surged nearly 19% in the past 24 hours to a high of $1.24. This minting follows several large RLUSD issuances and burns, indicating active management of ...
