PayPal and Ripple stablecoins still sub-1% despite ‘stablecoin gold rush’
Despite excellent political and banking conditions for stablecoins, PayPal’s PYUSD and Ripple’s RLUSD are still less than 1% of the market.
Results for Crypto, Ripple
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Ripple founders lobbied for XRP reserve, got sell-only stockpile instead
Ripple and Fairshake tried to convince the US government to buy XRP as part of a crypto reserve. They failed at the eleventh hour.
— Chris Larsen, Hack
Ripple’s Chris Larsen lost $150M in XRP after LastPass hack
An associate of Ripple co-founder Chris Larsen used the hacked password manager LastPass to store private keys guarding Larsen's $150M in XRP.
Genesis-era XRP unlocked, sent to exchange after Trump endorsement
Movements of XRP by Chris Larsen and Ripple insiders are drawing suspicion from skeptics of Donald Trump’s recent endorsement.
The three most likely outcomes for SEC v. Ripple lawsuit
There are at least three legal possibilities for the final outcome of crypto’s highest-profile lawsuit, SEC v. Ripple et al.
Ripple featured CBDC tech for years, dumped it after Trump victory
After Donald Trump decided they weren’t a good idea, Ripple scrubbed years of its work on a US dollar CBDC.
Bitcoiners attack Ripple after Strategic Bitcoin Reserve flop
After Ripple scored a political victory that deprioritized BTC, critics say it's derailing plans for a US National Strategic Bitcoin Reserve.
Ripple scores victory against the Strategic Bitcoin Reserve
Ripple’s lobbying efforts scored decisive victories, eliminating the word “bitcoin” from all executive orders signed by Donald Trump.
Ripple billionaires’ RLUSD captures less than 0.04% of stablecoin market
The billionaire-backed Ripple USD (RLUSD) has failed to capture even 0.05% of the stablecoin sector’s market capitalization.
Ripple went all-in on politics and gained billions
Ripple has learned that being politically active is a savvy technique for long-term success in crypto. Token holders have reaped the rewards.