Grayscale Launches XRP Trust, Paving the Way for Potential ETF Approval!
TL;DR Grayscale has launched the XRP Trust, the first closed-end XRP trust in the U.S., targeting accredited investors interested in gaining direct exposure to Ripple’s token.
Ripple is a digital payment protocol and cryptocurrency founded in 2012. Its native cryptocurrency, XRP, is used to facilitate fast and low-cost international money transfers.
Ripple’s network operates on a decentralized blockchain, but unlike Bitcoin and other cryptocurrencies, it does not require mining. Instead, transactions are validated through a consensus algorithm, which allows for faster processing times and lower fees. Ripple’s technology has been adopted by various financial institutions and payment networks, making it a popular choice for cross-border payments and remittances.
TL;DR Grayscale has launched the XRP Trust, the first closed-end XRP trust in the U.S., targeting accredited investors interested in gaining direct exposure to Ripple’s token.
TL;DR XRPL Update: In two weeks, the XRP Ledger (XRPL) will implement a major update to improve its Automated Market Maker (AMM) feature, approved with a
TL;DR Ripple’s Stablecoin Launch: Ripple plans to launch its stablecoin, Ripple-USD (RUSD), in Japan, pending U.S. regulatory approval. Japan’s Regulatory Clarity: Japan’s clear cryptocurrency regulations make
TL;DR Ripple’s RLUSD stablecoin is set to launch in “weeks, not months,” according to CEO Brad Garlinghouse, marking a significant move into the stablecoin market. RLUSD will
TL;DR Native Smart Contracts Coming to XRPL in 2025: Ripple plans to introduce native smart contract functionality to the XRP Ledger, enhancing its capabilities for dApps
TL;DR Ripple Labs has started burning its new stablecoin, RLUSD, as part of efforts to ensure a smooth and successful launch, following a private beta on
TL;DR The crypto industry has invested over $119 million in the 2024 elections to support pro-crypto candidates, with Coinbase and Ripple leading the donations. Some controversy
TL;DR XRP options activity surges: The $1.10 call option for XRP, expiring on August 28, leads with 4,347,000 contracts valued at $2.44 million, reflecting high market
TL;DR Ripple has begun testing its stablecoin RLUSD on XRP Ledger and Ethereum, but it is not yet available for purchase or trading. RLUSD is designed
TL;DR Ripple’s Legal Victory: After four years of court battles, Ripple has won its case against the SEC, with Judge Annalisa Torres ruling that XRP is
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