Search results for Ripple USD
Crypto
Western Union\'s USDPT supported for trading on Bybit, expanding stablecoin strategy
Crypto exchange Bybit has begun supporting Western Union’s dollar-pegged stablecoin USDPT. The link marks USDPT’s first entry into a major crypto exchange and expands its use beyond payments to trading and transfers. The companies said USDPT can now be held, traded and sent on Bybit. USDPT was launched in May, issued by Western Union Digital with reserves held at Anchorage Digital Bank, and initially issued on Solana.
Finance
Ripple secures $200 million debt facility to expand Ripple Prime
Ripple has secured a $200 million debt facility from investment manager Neuberger Berman, with the funds to be used to grow Ripple Prime, a multi-asset prime brokerage platform aimed at U.S. institutional clients. The facility will be provided by Neuberger Berman Specialty Finance. Ripple plans to expand Ripple Prime’s credit capacity and improve service responsiveness and capital efficiency for institutional customers.
Crypto
Ripple CEO says stablecoins will bring crypto \'ChatGPT moment\'
Ripple CEO Brad Garlinghouse (브래드 갈링하우스) says stablecoins will become crypto’s “ChatGPT moment” as companies look for faster and more efficient payments. He says Fortune 500 and other global firms are discussing stablecoin use with finance chiefs. Bloomberg Intelligence forecasts stablecoin transaction volume will rise 80 percent a year to $56.6 trillion by 2030. The market is led by Tether and Circle, while Ripple has launched RLUSD.
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Crypto
Why stablecoins cannot replace XRP: \'Exclusive role in securing global liquidity\'
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Crypto
Binance to list Ripple USD stablecoin RLUSD
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Crypto
Ripple invests $150 million in LMAX to expand RLUSD stablecoin for institutions
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Crypto
Ripple wins UK regulatory approval to support stablecoin expansion