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Ripple mints 99% of RLUSD tokens in a day, signaling imminent stablecoin launch
Ripple mints 99% of RLUSD tokens in a day, signaling imminent stablecoin launch

Share link:In this post: Ripple has minted 800,000 RLUSD tokens in just a single day. The platform had minted another 50000 tokens on September 27. Ripple could be looking at another series of trials with a possible SEC appeal in sight.

Cryptopolitan·2024/09/28 16:00
DogWifHat Price Analysis as $WIF Pumps 31% – Is $2 Next?
DogWifHat Price Analysis as $WIF Pumps 31% – Is $2 Next?

Solana meme coins now command about a sixth of the $57.3 billion meme coin market.

CryptoNews·2024/09/27 20:15
Flash
  • 07:20
    Analysis: Strategy May Transform into a "Bitcoin Bank" and Acquire Mining Companies to Reduce BTC Acquisition Costs
    Currently, Strategy holds a large amount of Bitcoin, but its stock price premium reflects the market's expectation of its role as a "bitcoin bank." The company raises funds by issuing stocks and bonds to continuously purchase Bitcoin and plans to convert its balance sheet to a Bitcoin standard. Its business model is seen as one of the important paths to Bitcoin financialization. Analysts point out that in the future, Strategy, as a "bitcoin bank," may also acquire mining companies to reduce its Bitcoin acquisition costs. Such acquisitions may be more significant for the Bitcoin market than for the traditional gold market, as the domain knowledge required for Bitcoin mining and bitcoin banking is closer than that for gold mining and fiat banking.
  • 07:20
    SOL Surpasses $170
    Market data shows that SOL has surpassed $170, currently reported at $170.02, with a 24-hour increase of 1.33%. The market is quite volatile, so please ensure proper risk management.
  • 07:20
    Data: Over $20 Million Worth of ETH Burned on Base Mainnet in the Past 8 Months
    According to data disclosed by 1confirmation founder Nick Tomaino on the X platform, the Base mainnet has burned over $20 million worth of ETH in the past eight months. Nick Tomaino stated that if ETH is viewed as a stock, Base is more like a developer platform.
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