New York’s top cryptocurrency regulator, the New York Department of Financial Services (NYDFS), is about to approve the new stablecoin RLUSD issued by cross-border payment company Ripple Labs.
JinseFinanceRipple Labs’ RLUSD stablecoin, an over-collateralized digital currency pegged to the U.S. dollar, is close to receiving approval from the New York Department of Financial Services (NYDFS).
JinseFinanceRipple is intensifying the development of its RLUSD stablecoin, engaging in frequent minting across the Ethereum and XRP networks. Although still in testing, RLUSD is expected to play a key role in settlement solutions, operating alongside XRP within Ripple’s expanding ecosystem.
BerniceOn 4 April, Ripple unveiled plans to launch its own stablecoin, pegged 1:1 to the US dollar, alongside its existing cryptocurrency, XRP. This strategic initiative markets a significant milestone for the company as it seeks to bridge the gap between traditional finance (TradFi) and decentralised finance (DeFi).
XingChiLaunching on 20 July, the Dabcat ICO merges DeFi features with meme coin appeal to meet the demand for innovative digital assets. The presale runs from 3 June to 19 July, with token generation and distribution on 20 July. With significant attention, will Dabcat surge on launch day?
CatherineGolden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.
JinseFinanceRunes protocol launch drives Bitcoin transaction fees to $80 million, 4x previous ATH. Average fee hits $128, miners' revenue surpasses pre-halving levels. Runes-related activity led by crypto degens; retail participation may take time to increase.
EdmundDelays in approving a spot Ethereum ETF in the US are viewed positively due to communication issues with the SEC and ongoing investigations. Experts foresee benefits, including market alignment and regulatory clarification on Ethereum's features like staking. A delayed approval may coincide with a more favorable regulatory environment, fostering optimism for Ethereum ETFs' future success.
Huang Bo
Three cryptocurrency exchange-traded funds scheduled to launch on the Cboe Australia exchange were delayed due to “checks” still being undertaken.
Cointelegraph