| Mobile Web

Search results for USD

Crypto

Mastercard praises Ripple\'s RLUSD at XRPL hackathon

Mastercard publicly gave a positive assessment of Ripple’s stablecoin RLUSD at an XRP Ledger hackathon held in New York. Blockchain outlet U.Today reported that Mastercard representatives reacted favorably while outlining partner pitch requirements. An XRPL community member posted that Mastercard praised RLUSD during the session. The 36-hour event focused on autonomous payments using AI agents and included more than $40,000 in prizes, with several firms involved in mentoring and judging.

Crypto

Will XRP repeat a 119,000% surge? Blackswan co-founder says patience needed

A claim has emerged that investors should avoid hasty decisions in a bear market, citing a past case in which XRP moved sideways for about two years before surging. Blackswan Capitalist co-founder Vandell Aljarrah highlighted the pre-rally consolidation ahead of the 2017-2018 run. Others disputed the return calculations and argued today’s crypto market differs from that period. XRP is around $1.30, about 66 percent below its previous peak of $3.84.

Crypto

Ripple launches 24/7 stock trading for institutions, supports RLUSD-backed loans

Ripple has launched a 24/7 stock trading service for institutional clients and activated a lending function that uses its stablecoin RLUSD as collateral. Through its prime brokerage platform Ripple Prime, institutional investors can trade stocks around the clock and post RLUSD to collateralise trading positions. The move expands RLUSD use from payments and treasury management to institutional trading and funding, although liquidity constraints could limit immediate demand.