Ripple CEO Brad Garlinghouse stated that XRP's legal standing is robust due to its court victory over the SEC, making it less dependent on the CLARITY Act, which aims to clarify crypto regulations. Even if the U.S. Senate fails to pass the bill, XRP's legal clarity offers it resilience compared to other cryptocurrencies facing regulatory uncertainty. However, a failed bill could leave the broader U.S. crypto market fragmented and riskier. The upcoming Senate vote is critical for establishing a stable regulatory framework that could influence the growth of the entire crypto sector in the U.S.
Ripple's RLUSD stablecoin has surpassed a $2 billion market capitalization, rapidly approaching PayPal USD's $2.87 billion. Launched in December 2024, RLUSD is one of the fastest-growing regulated stablecoins, with significant minting activity boosti...
Cryptocurrency markets experienced notable gains with Bitcoin rising 6.4% to $77,338 and Ethereum up 4.2% to $2,427. Several altcoins showed significant increases, including BCH up 28.3%, ZEC up 21.2%, and PEPE surging 22.4%. These movements indicate...
Pi Network's price rose about 4% to $0.0939, approaching the key $0.10 level amid a broad cryptocurrency market rally. The wider crypto market surged over 6%, with Bitcoin hitting a 14-week high of $79,500. Pi Network's recent boost follows the launc...
Ripple has supported the XRP Ledger's PermissionDelegationV1_1 amendment, part of the XRPL v3.3.0 upgrade, allowing accounts to delegate transaction permissions securely. This feature aims to attract regulated institutions and enterprise applications...
Ripple's RLUSD stablecoin saw a $17.5 million increase in deposits on the Morpho Blue lending platform over the last 30 days, reaching about $280 million in total deposits—a 40% rise from the previous month. Morpho Blue's unique lending model isolate...
