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(Reuters) - Crypto firm Ripple launched a stablecoin pegged to the U.S. dollar on Tuesday, looking to disrupt a market in which the top two incumbents account for nearly 90% of the value.
The coin’s value rose from $1.98 to a high of $2.46, amid news that Ripple’s highly-anticipated stablecoin, which has been in development since April, is preparing to debut.
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Ripple’s XRP has become the third-largest cryptocurrency by market cap, overtaking popular tokens like Solana, USDT, and Binance Coin, as a new era of crypto-friendly policy begins to take shape ...
Named after a viral TikTok catchphrase by internet personality Hailey Welch, HAWK raised $2.8 million in pre-sales and briefly reached a staggering market value of $491 million before its value ...
The good news is that Ripple has capped XRP's supply at 100 billion tokens. On the demand side, Ripple's adoption will ultimately determine its success and XRP's investment potential.
Cryptocurrency company Ripple Labs, known for its XRP coins, is buying back $285 million worth of shares in the company from early investors and employees, two sources familiar with the matter ...
A majority of Ripple’s employees are still U.S.-based, and Garlinghouse predicts that within 10 years the country finally will adopt a constructive regulatory framework for crypto.