{
David Schwartz

People

}
xrp ledger launches first billion dollar tokenized money market fund
Ripple, in partnership with Archax and abrdn, has launched the first tokenized money market fund on the XRP Ledger, marking a significant step towards a $16 trillion asset revolution. Ripple's $5 million investment underscores confidence in XRPL's capabilities for tokenizing real-world assets, which promise increased efficiency, lower fees, and enhanced accessibility for institutional investors. With a proven track record of 2.8 billion secure transactions, XRPL is positioned to transform traditional finance through blockchain technology.
Crypto News Flash
abrdn plc David Schwartz Duncan Moir
Finance & Economy, Market Report
07:25 21.12.2024
XRP Dogecoin and RCO Finance Compete for Highest ROI by 2025
As the altcoin market heats up, XRP, Dogecoin, and RCO Finance are highlighted as top contenders for the highest ROI by 2025. RCO Finance stands out with its AI-powered trading tools and a focus on security, while XRP is rebounding after the launch of its stablecoin, RLUSD. Dogecoin is experiencing a price rally, driven by increased transaction volumes and the movement of old coins, with predictions suggesting potential growth for all three tokens in the coming years.
Bitcoinist.com
Ripples USD David Schwartz
Finance & Economy, Market Report
23:00 20.12.2024
Ripple launches RLUSD stablecoin with significant transactions and market potential
Dogecoin has seen a significant decline of 40% from its peak, raising questions about its future. Meanwhile, Ripple has made headlines by transferring nearly 10 million RLUSD stablecoins within an hour, following the official launch of its U.S. dollar-backed stablecoin. Ripple's CTO humorously engaged with the community regarding the pronunciation of the new Bifrost wallet, while company executives emphasized RLUSD's potential to enhance efficiency and transparency in global payments.
U.Today
Ripples USD USA David Schwartz Nancy Beaton Monica Long Show more
Crypto, Market Report
15:54 20.12.2024
xrp ledger launches first billion dollar tokenized fund signaling asset revolution
Ripple, in partnership with Archax and abrdn, has launched the first tokenized money market fund on the XRP Ledger, marking a significant step in real-world asset tokenization. Ripple's $5 million investment underscores confidence in XRPL's capabilities, which promise efficiency, low fees, and compliance for institutional investors. With projections of tokenized assets reaching $16 trillion by 2030, XRPL is poised to transform traditional finance through blockchain technology.
Crypto News Flash
United States Dollar abrdn plc Ripples USD David Schwartz
Finance & Economy, Market Report
09:31 20.12.2024
Ripple launches RLUSD stablecoin globally as XRP eyes new all-time high
Ripple Labs has launched its RLUSD stablecoin on global exchanges, designed to maintain a 1:1 ratio with the US dollar, despite initial trading volatility. Following this launch, XRP has seen significant price increases, reaching $2.71, with potential for further gains if it surpasses key resistance levels. The stablecoin aims to enhance ecosystem growth and provide seamless access to real-world assets while ensuring compliance with regulatory standards.
Crypto News Flash
USA David Schwartz
Finance & Economy, Market Report
17:48 18.12.2024
Ripple launches RLUSD stablecoin as whales buy 30 million XRP
Ripple has launched its dollar-backed stablecoin, RLUSD, on multiple exchanges, prompting XRP whales to purchase 30 million XRP. Despite initial trading volatility, with RLUSD peaking at $1.50, Ripple's CTO reassured investors that prices would stabilize around $1. The launch follows regulatory approval from the New York Department of Financial Services, positioning Ripple for enhanced institutional adoption in global payments.
NewsBTC
United States Dollar USA Ali Martinez Jack Mcdonald David Schwartz Show more
Finance & Economy, News Article
14:30 18.12.2024
ripple launches rlusd stablecoin on global exchanges amid early price premiums
Ripple's dollar-backed stablecoin, RLUSD, launched on global exchanges, trading at a premium of $1.50 due to early supply shortages. The token, compatible with Ethereum and the XRP ledger, aims to facilitate cross-border transactions and attract institutional adoption. Following its regulatory approval, Ripple plans to integrate RLUSD into its payment services for global banks next year.
Fortune Crypto
United States Dollar USA Jack Mcdonald David Schwartz
Finance & Economy, News Article
20:29 17.12.2024
Ripple's RLUSD stablecoin may face initial supply shortages at launch
Ripple's chief technology officer, David Schwartz, warns that the new stablecoin, Ripple USD (RLUSD), may face supply shortages at launch due to high pre-market demand, with some willing to pay significantly above the $1 peg. He emphasizes that stablecoins are not investment vehicles for profit, urging investors to avoid speculation as prices should stabilize quickly. RLUSD is set to launch following approval from the New York Department of Financial Services.
dailyhodl.com
United States Dollar USA David Schwartz
Crypto, Social Media Post
18:55 17.12.2024
Ripple CTO cautions against speculation as RLUSD stablecoin prepares for launch
Ripple's CTO, David Schwartz, cautioned against FOMO surrounding the upcoming launch of Ripple USD (RLUSD), emphasizing that while it aims to maintain a $1 peg, initial price fluctuations may occur. He urged potential buyers to view RLUSD as a stable tool for cross-border payments rather than a speculative investment, following reports of inflated prices on trading platforms. With the stablecoin market growing rapidly, Ripple seeks to establish itself alongside major players like Tether and Circle, targeting institutional users to enhance global transaction efficiency.
CryptoPotato
PayPal Holdings, Inc. Robinhood Markets, Inc. USA Brad Garlinghouse David Schwartz
Finance & Economy, Market Report
19:21 16.12.2024
XRP price targets 15 dollars amid consolidation and stablecoin developments
XRP's price has seen a correction after a six-week rally, currently down to $2.37 from a peak of $2.90. Despite this, a bullish "bull flag" pattern suggests a potential target of $15, indicating a 520% increase from current levels. The upcoming RLUSD stablecoin launch is expected to further boost XRP's adoption and market activity.
Cointelegraph
United States Dollar USA Georgios Vlachos David Schwartz
Finance & Economy, Market Report
15:40 16.12.2024
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