According to a poll, retail CBDCs do not adequately meet the needs of actual customers.
Interoperability, privacy, and infrastructure still pose hurdles to retail CBDC adoption, a survey by GlobalData reveals. Central bank digital currencies are still a tough sell, even where they’ve officially launched. GlobalData’s latest survey report reveals that for consumers in many countries, CBDCs just don’t offer enough to make the switch from familiar payment methods,
The CEO of Ripple advocates for a U.S. cryptocurrency reserve that encompasses more than just Bitcoin.
Brad Garlinghouse, the CEO of Ripple, recently shared his thoughts on the U.S. government’s plan to create a national digital asset reserve. He believes the reserve should include Bitcoin and other cryptocurrencies like Ripple’s XRP. This idea goes against the opinion of Bitcoin supporters who think Bitcoin should be the only
XRP Hits New All-Time High: What’s Driving the Surge?
XRP recorded a massive 42% gain in the past week, hitting a new all-time high of $3.40. Trading at $3.26 as of now, the altcoin has outpaced Ethereum in 24-hour trade volumes and continues its bullish streak. The rally is driven by several factors, including a crypto-friendly regulatory outlook, RippleNet‘s
XRP Could Double Against Bitcoin by March, Echoing 2017 Rally
XRP’s recent price movements suggest the cryptocurrency may be poised for a significant rally against Bitcoin (BTC), reminiscent of its explosive 2,500% surge in early 2017. If historical patterns hold, XRP could see a 100% gain by March 2025, supported by technical and fundamental factors. XRP Gains Momentum Against Bitcoin
XRP ETFs Could Attract $8B, But Broader Crypto Demand Faces Uncertainty
JPMorgan analysts forecast up to $8 billion in inflows for XRP ETFs but warn of limited investor interest in altcoin ETFs beyond Bitcoin and Ethereum. While regulatory hurdles may ease under a Trump administration, the bank remains sceptical about significant demand for these new products, casting doubt on their potential
Ripple Leverages Chainlink Standard to Boost RLUSD Stablecoin’s DeFi Integration
Ripple announced to leverage the Chainlink Standard to integrate its RLUSD stablecoin into decentralized finance (DeFi) applications. This collaboration aims to enhance RLUSD’s functionality within the DeFi space by providing real-time, secure, and verifiable pricing data on the Ethereum blockchain. RLUSD: A Step Towards DeFi Integration RLUSD is Ripple’s enterprise-grade, USD-pegged stablecoin,
RLUSD Stablecoin Poised for Major Exchange Expansion
Monica Long, President of Ripple, revealed that the RLUSD stablecoin is set to significantly broaden its reach on major exchanges. Currently available on a limited number of platforms, RLUSD aims to align its growth with Ripple’s expanding digital payment solutions. What is the Current Situation of RLUSD? RLUSD, a relatively new
Ripple Surpasses Ethereum in South Korea’s Crypto Rankings
A recent survey reveals Ripple (XRP) has surpassed Ethereum (ETH) as the second-most popular cryptocurrency among South Korean investors, while Bitcoin (BTC) continues to hold its long-standing position as the top choice. Bitcoin Reigns Supreme From 24 to 26 December 2024, a survey conducted by Korean news outlet News1 gathered
XRP Surges to Third Place with $141 Billion Market Cap
XRP has made a significant leap in the cryptocurrency rankings, surpassing Tether (USDT) to claim the third spot. With a market cap of $141.1 billion, XRP’s meteoric rise highlights its growing influence and potential in the crypto market. Factors Driving XRP’s Momentum XRP’s ascent can be attributed to multiple factors,
XRP Leads Crypto Losses Amid Strong Dollar Pressure
The cryptocurrency market experienced a sharp downturn as the US dollar strengthened, impacting both traditional and digital assets. XRP spearheaded the decline, sinking over 5% in 24 hours, with major tokens like Bitcoin (BTC), Ether (ETH), and Solana (SOL) also suffering losses. XRP and Marketwide Losses XRP saw the steepest
