The collapse of TerraUSD and LUNA triggered significant financial losses for investors. The co-founder of Terraform Labs is charged with nine criminal counts. The trial against Do Kwon, the businessman of South Korean origin accused of being responsible for the collapse of the LUNA token and the dollar-pegged stablecoin TerraUSD (UST), was scheduled to begin … Read more
Uncertainty and misinformation combined to drive declines in the USDT market. Exchanges have a grace period of 6 to 18 months, to comply with MiCA. With the recent entry into force of the Regulation on the Market in Cryptoassets (MiCA) in the European Union, USDT (Tether) has been in the eyes of many. This is … Read more
Today, there is no reliable way to trade RLUSD outside of a few centralized exchanges. The DeFi contracts available for the RLUSD token are fraudulent. Ripple announced that it will use Chainlink, the finance standard that connects smart contracts with real-world price data, to enable trading of its new stablecoin (RLUSD) on decentralized exchanges. This … Read more
The RLUSD stablecoin, issued by Ripple, has seen a significant increase in usage since its official launch on December 17, 2024. According to a CryptoQuant reportsince initial testing in June 2024, RLUSD has processed 33,953 transactions on the XRP Ledgerwhile 1,690 transactions have been recorded on Ethereum. Number of transactions for each network. Source: CryptoQuant. … Read more
RLUSD is the fourth most traded stablecoin in the last 24 hours, surpassing PayPal USD. The adoption of this asset can boost the price of XRP. The trading volume of RLUSD, Ripple Labs’ stablecoin, exceeded $614 million in the last 24 hours, representing an increase in this indicator of more than 1,400%. In this way, … Read more
“Diving” into the terms of use and service policies of cryptocurrency products should become common practice. Doing so often brings surprises, especially given the often exaggerated rights that companies assume for themselves to the detriment of the well-being of their customers. Recently, a digital asset analyst named I hope you have read the RLUSD terms … Read more
Regulatory changes are required in the US for banks to participate. “I don’t know if it will happen soon, but it will happen,” says the director of SG-Forge. Traditional banks are considering entering the stablecoin business, inspired by the example of Tether Limited and its USDT stablecoin. According to representatives of traditional financial institutions such … Read more
Bloomberg published an editorial warning of the dangers for the traditional financial system with the combination between the cryptocurrency company Tether Limited and the upcoming Donald Trump government in the United States. The middle stands out that the Trump-Tether duo “presents quite a few potential problems” and that two in particular stand out. First, the … Read more
There was great expectation for Ripple USD (RLUSD), the stablecoin issued by the company Ripple Labs (the same station as the XRP cryptocurrency). Its launch took place on December 17 and the price of XRP skyrocketed on the news, and also in the days leading up to it. But almost 10 days later, RLUSD is … Read more
Stablecoin adoption is on the rise, especially in Brazil, Mexico and Argentina. Decentralization is becoming an increasingly relevant concept for users. Stablecoins, self-custody wallets, and cross-border transactions are all topics that are changing the way people interact with their finances. Little by little, people are beginning to find ways to solve key problems, such as … Read more