Circle wants its USDC payments network to be the Ripple killer
Crypto exchanges report around $55M in RLUSD volume over the last 24 hours — 99.4% less than Circle’s $9.8B for its much larger USDC.
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Crypto exchanges report around $55M in RLUSD volume over the last 24 hours — 99.4% less than Circle’s $9.8B for its much larger USDC.
Despite excellent political and banking conditions for stablecoins, PayPal’s PYUSD and Ripple’s RLUSD are still less than 1% of the market.
Ripple and Fairshake tried to convince the US government to buy XRP as part of a crypto reserve. They failed at the eleventh hour.
Movements of XRP by Chris Larsen and Ripple insiders are drawing suspicion from skeptics of Donald Trump’s recent endorsement.
After Donald Trump decided they weren’t a good idea, Ripple scrubbed years of its work on a US dollar CBDC.
After Ripple scored a political victory that deprioritized BTC, critics say it's derailing plans for a US National Strategic Bitcoin Reserve.
Ripple’s lobbying efforts scored decisive victories, eliminating the word “bitcoin” from all executive orders signed by Donald Trump.
The billionaire-backed Ripple USD (RLUSD) has failed to capture even 0.05% of the stablecoin sector’s market capitalization.
Many people believe the US and Saudi Arabia signed a 50-year pact to sell oil for dollars. However, this never happened.
No reason has been given for abandoning the Fortress acquisition but Ripple CEO Brad Garlinghouse said that his firm will remain an investor.