Ripple Reveals Economic Impact of Its Donation
Last September, San Francisco-based enterprise blockchain company Ripple made a $15 million charitable contribution using its highly regulated RLUSD stablecoin on the XRP Ledger. The donation was received by the Accion Opportunity Fund (AOF), an organization dedicated to helping…
USDC Maker Finally Launching Wrapped Bitcoin Token
Circle, the financial technology company best known for creating the widely used USDC stablecoin, has announced the upcoming launch of Circle Wrapped Bitcoin (cirBTC). The token is supposed to bridge the bellwether cryptocurrency into the Decentralized Finance (DeFi) ecosystem.What exactly is…
Ripple Burns 40 Million RLUSD After Community Demands Explanation
Ripple has conducted a large RLUSD burn in less than an hour as the San Francisco-based blockchain firm remains committed to controlling the amount of its stablecoin in circulation.As of Thursday April 2, Ripple Stablecoin Tracker, a platform that monitors the minting and burning of RLUSD tokens,…