Key Takeaways Major DCP issuer Guggenheim launches US Treasury-backed Digital Commercial Paper on the XRP Ledger. At its launch on Ethereum, Guggenheim issued $20 million of DCP, which received the highest credit rating from Moody’s, P-1. Share this article Guggenheim Treasury Services, one of the largest and most respected asset-backed commercial paper issuers, is bringing…
Ondo Finance has launched its flagship tokenized U.S. Treasuries product, OUSG, on the XRP Ledger, marking a major step forward in institutional-grade decentralized finance. According to a June 11 announcement on Ripple’s blog, qualified purchasers can now mint and redeem OUSG tokens around the clock using the RLUSD stablecoin as the settlement asset. OUSG, short…
The blockchain solutions provider Ripple Labs, which oversees the development of the XRP Ledger (XRPL), is set to launch an Ethereum Virtual Machine (EVM)-compatible sidechain before the end of this quarter. The firm made the announcement at the ongoing XRPL Apex event in Singapore. Ripple’s Apex 2025 is a three-day summit (June 10-12) that unites…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Financial commentator Gary Cardone ignited a heated debate this week after he accused XRP of siding with authoritarian powers to stay relevant. His statements followed speculation that the European Central Bank (ECB) could use the XRP Ledger to power its upcoming digital…
Republican Representative William Timmons has asked US Securities and Exchange Commission chair Paul Atkins to turn over documents on the agency’s historical treatment of Ether under its Biden-era chair, Gary Gensler. Timmons asked Atkins in a letter on Tuesday for “specific documents” on the SEC’s “historical views on the status” of Ether (ETH), which he…
{“statusCode”:401,”message”:”License key missing”} That’s right, your hard-earned Bitcoins, Ethereums, or other cryptocurrencies can be used to beautify your home. But how does one go about it, and what are the benefits and potential pitfalls you should be aware of? Ways to buy Furniture with crypto Well, there are multiple ways to do this. You can…
Key Takeaways The SEC has asked Solana ETF issuers to update their filings, potentially signaling approval. Bloomberg Intelligence increased Solana ETF approval probability to 90%, with decisions expected by October. Share this article The US SEC has requested prospective Solana ETF issuers to submit their amended S-1 form within the next week as the regulator…
Solana-based memecoin launchpad and trading platform Pump.fun’s total SOL deposits to Kraken amount to over $660 million: Is this a massive profit cash out or liquidity play? According to on-chain data, Solana-based memecoin generator Pump.fun quietly moved 132,180 Solana (SOL), worth approximately $20.87 million, to Kraken on June 10, sparking speculation about its established pattern…
Societe Generale-FORGE (SG-FORGE), the digital asset arm of French banking giant Societe Generale, is set to launch a new USD-pegged stablecoin – USD CoinVertible (USDCV) – on both the Ethereum and Solana blockchains. The stablecoin is expected to begin trading in early July. SG-FORGE’s USD CoinVertible The development marks the firm’s latest push to merge…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows Bitcoin sentiment on social media may be starting to become overheated, a sign that could end up being a threat to the price rally. Bitcoin Social Media Sentiment Is Currently Notably Positive In a new post on X, the analytics…
