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Tag: Ripple/USD Coin Metrics

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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2024-08-31

Disillusioned crypto investors are struggling behind bitcoin’s ETF success

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Business

Crypto investors are having a mild existential crisis as demand for the young asset class dries up in the midst of a bull market. In the past month, search interest in crypto has been muted, network activity has been subdued and futures funding rates briefly went negative. Ether ETFs, which began trading a little over a month ago, have…

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