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Standard Chartered-backed RLUSD seen driving Ripple Wall Street expansion, raising questions over XRP role

Standard Chartered has launched custody services for Ripple’s stablecoin RLUSD, adding to expectations that Ripple’s institutional business is growing on a track separate from XRP. U.Today said the move showed Ripple could expand in Wall Street and banking without an XRP price rise. RLUSD issuance is rising as XRP prices stagnate, and RLUSD’s market value has grown to $2.41 billion. Analysts cited by the outlet said XRP could become optional in Ripple’s institutional payment network.

Crypto

Bitcoin nears $80,000 threshold as Treasury buybacks fuel rally

Bitcoin extended a rally toward $80,000 after gains tied to U.S. regulatory moves, a White House crypto summit and plans to expand long-term Treasury buybacks. XRP posted sharp weekly gains and broke a long-term downtrend line, while officials at the summit said an era of enforcement-focused regulation had ended. Market warnings persisted amid heavy short liquidations. In South Korea, Upbit and Bithumb saw surging volumes led by XRP.

Crypto

Shiba Inu eyes top 25 by market cap as 39 percent rebound scenario draws attention

On-chain indicators show 94.49 percent of Shiba Inu (SHIB) circulating supply is concentrated in 707 large wallets. If the concentration reflects liquidity leaving exchanges, price rebounds could be amplified when large buy orders enter, as less supply is immediately tradable. Etherscan data put major holders’ SHIB at about $2.36 billion. Technical signals on TradingView also suggest a possible rebound, with a 39 percent rise cited toward the 200-day EMA.