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Tag: payments

2024-12-17

Ripple’s new stablecoin for payments will be available to trade Tuesday

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Business

Investors will be able to trade Ripple’s new stablecoin beginning Tuesday, the company has said, after the New York State Department of Financial Services gave its approval earlier this month. The U.S. dollar-backed stablecoin, called ripple USD, or RLUSD, will be issued on the ethereum blockchain and XRP ledger and first available on some global exchanges, with plans to…

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2024-09-14

Interest payments on the national debt top $1 trillion as deficit swells

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Business

A view shows a bronze seal beside a door at the U.S. Treasury building in Washington, U.S., January 20, 2023.  Kevin Lamarque | Reuters The U.S. government for the first time has spent more than $1 trillion this year on interest payments for its $35.3 trillion national debt, the Treasury Department reported Thursday. With the Federal Reserve holding benchmark…

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