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Ripple and Chainlink Join Forces to Enhance DeFi with RLUSD Stablecoin

Ripple and Chainlink have partnered to enhance the functionality of Ripple's new RLUSD stablecoin, which will operate on both the Ethereum blockchain and XRP Ledger. Chainlink's decentralized oracles will provide essential real-time data, enabling RLUSD's integration into various DeFi applications, thereby promoting its adoption and reliability in the market. This collaboration positions Chainlink as a leading oracle provider while supporting Ripple's vision of establishing RLUSD as a significant stablecoin.

leadership change at sec signals potential shift in crypto regulation

Outgoing SEC Chair Gary Gensler completed his term with 100 crypto enforcement cases, emphasizing that most digital assets are securities. President-elect Trump has appointed Paul Atkins, a crypto-friendly former SEC commissioner, suggesting a potential shift in regulatory approach. Gensler's tenure was marked by mixed results in high-profile cases, with ongoing concerns about investor protection and the high failure rate of crypto projects.

promising cryptocurrencies poised for growth as 2025 approaches

Analysts predict that Pepe Coin (PEPE), Dogecoin (DOGE), Ripple (XRP), and Stellar (XLM) may soon reach new all-time highs, driven by significant market activity and innovations. Meanwhile, PlutoChain's Layer-2 solution aims to enhance Bitcoin's functionality, potentially transforming it into a versatile platform for DeFi and NFTs.
12:20 09.01.2025

DZ Bank launches digital asset custody platform in collaboration with Ripple

DZ BANK has launched a digital asset custody platform for managing crypto securities, including tokenized bonds, in compliance with Germany’s eWpG law. This initiative, powered by Ripple Custody, positions the bank as a leader in institutional crypto adoption, enhancing wallet management and blockchain analytics. With €350 billion in assets under custody, DZ BANK aims to streamline capital market processes and improve client performance in a rapidly evolving financial landscape.

ripple integrates chainlink for reliable pricing data of rlusd stablecoin

Ripple has integrated Chainlink’s infrastructure to provide reliable pricing data for its USD-pegged stablecoin, RLUSD, on the Ethereum blockchain. This collaboration enhances RLUSD's usability in decentralized finance (DeFi) applications, ensuring secure, real-time asset pricing essential for broader adoption. By leveraging Chainlink’s decentralized oracle network, Ripple aims to strengthen RLUSD’s role in both institutional and decentralized markets.

Ripple executives meet Trump fueling speculation on SEC lawsuit resolution

Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty dined with President-elect Trump, igniting speculation about the potential resolution of Ripple's SEC lawsuit over XRP. The meeting is seen as pivotal, with industry experts suggesting it could lead to significant regulatory changes and a boost for the cryptocurrency sector. Garlinghouse praised the Trump administration for fostering U.S. crypto growth, highlighting a shift towards domestic hiring and optimism for future industry developments.

Ripple's RLUSD Stablecoin Set for Major Exchange Listings and Growth

Ripple's RLUSD stablecoin is set to expand its presence on major cryptocurrency exchanges, with new listings expected imminently, according to President Monica Long. Currently holding a market cap of $71.8 million, RLUSD is primarily traded on Bullish, which accounts for over 76% of its volume. The stablecoin's growth is fueled by Ripple's expanding payments business, which doubled last year, and a recent partnership with Chainlink to enhance its utility through accurate price feeds. Additionally, Long hinted at the potential approval of an XRP exchange-traded fund (ETF) soon, with several applications already submitted to the U.S. Securities and Exchange Commission (SEC).

Ripple's RLUSD stablecoin set for imminent exchange listings and growth

Ripple's RLUSD stablecoin is set to be listed on more major exchanges imminently, according to President Monica Long. Launched on December 17, RLUSD is currently available on several platforms, with a market cap of $71.8 million and over 76% of trading volume on Bullish. Ripple has also partnered with Chainlink to enhance RLUSD's utility by integrating price feeds on Ethereum and the XRP Ledger. Long anticipates strong growth for stablecoins this year, driven by increased demand in Ripple's payments business, which has doubled over the past year. Additionally, she hinted that XRP could soon see its own exchange-traded fund (ETF) following recent filings by various companies.

chainlink partnership enhances rlusd stablecoin capabilities in decentralized finance

Ripple's RLUSD stablecoin has enhanced its capabilities through a partnership with Chainlink, integrating advanced price feed infrastructure just weeks after its NYDFS-approved launch. With a market cap of $77 million, RLUSD operates on both the XRP Ledger and Ethereum, aiming to bridge traditional and decentralized finance. The collaboration ensures reliable price data for DeFi platforms, with Aave among the first to adopt RLUSD, signaling growing confidence in its infrastructure.
13:13 08.01.2025

Ripple partners with Chainlink to enhance RLUSD stablecoin in DeFi

Ripple is entering the DeFi space with its new RLUSD stablecoin, a dollar-pegged asset backed by U.S. dollars and Treasuries. To enhance adoption across decentralized exchanges and protocols, Ripple has partnered with Chainlink for reliable price data, essential for maintaining stability and trust in decentralized markets. RLUSD is available on Ethereum and the XRP Ledger, compatible with smart contracts on both platforms.
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