Ripple CEO Brad Garlinghouse announced the company’s much-anticipated new stablecoin, Real USD (RLUSD). Which happened at the XRP Ledger Community Summit 2024 (XRPL Apex) in Amsterdam. Further, the announcement was made during his keynote speech. That emphasizes Ripple’s ongoing journey with stablecoins and its dedication to expanding its ecosystem. Garlinghouse
Recent days have seen very unfavorable price movement in the cryptocurrency market, suggesting that gloomy sentiment has grown in the crypto industry. Additionally, leading cryptocurrencies exhibit the same pattern by registering a downward trend in their prices. Trading under a negative impact, the Ripple token’s price movement remains sluggish. There
The XRP community has been lively following a cryptic post by Ripple’s CEO, Brad Garlinghouse, which led to widespread speculation and anticipation after he posted a Chimpanzee artwork on his X account. The artwork “Laugh now, but one day XRP will power the world” features a downcast chimpanzee wearing a
Ripple, leading digital payment platform, interviewed academician and University of Trento professor, Dr.Massimiliano Sala. The professor shared insights on Blockchain technology and quantum computing. He threw light on security threats surrounding BCT, quantum-resistant cryptographic systems and the difficulties surrounding them. Ripple has started a University Blockchain Research Initiative (UBRI), part
As per Ripple’s Q1 2024 XRP Markets Report, the volume of XRP Ledger (XRPL) transactions increased by more than 100% between Q4 2023 and Q1 2024, while the average cost of such transactions decreased by about 45%. In comparison to 121.03 million in Q4 of 2023, the on-chain transaction activity
Cryptocurrency investors constantly seek the next big opportunity, the diamond in the rough that promises astronomical gains. However, in pursuing such opportunities, it’s crucial to steer clear of certain pitfalls. Two such pitfalls in 2024 are Polygon (MATIC) and Ripple (XRP). Despite their previous prominence, recent developments indicate that these
In a recent exchange between cryptocurrency industry leaders, the Tether CEO replied for comments made by the Ripple CEO, shedding light on the stability and compliance measures of the stablecoin amidst speculation of government scrutiny. Brad Garlinghouse, CEO of Ripple, had suggested a potential investigation by US authorities into Tether,
According to Ripple CEO Brad Garlinghouse, the US government is “going after” USDT stablecoin issuer Tether, which might have unforeseen consequences for the cryptocurrency market. In the same vein as the collapse of FTX and the following revelation of fraud committed by its leadership, Garlinghouse said on a May 10
In the ongoing legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC), significant progress has been made as both parties filed their final replies in the lawsuit’s remedies stage. The SEC challenged Ripple’s assertion of acting without recklessness and argued against any “widespread uncertainty” regarding
The cryptocurrency industry has experienced a modest resurgence, marking a 1.77% increase—a substantial injection of roughly $70 billion into the market within the last 24 hours. This comes after the global market capitalization hit a two-month low at $2.10 trillion just yesterday, underscoring the volatile nature of digital assets. XRP
