What does Ripple’s stablecoin mean for XRP?
XRP has a huge following on the internet, but Ripple has struggled to win over real enterprise clients. Will its new stablecoin fill that void and overshadow its existing tokens?
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XRP has a huge following on the internet, but Ripple has struggled to win over real enterprise clients. Will its new stablecoin fill that void and overshadow its existing tokens?
XRP faces downturn amidst SEC legal battle, breaching $0.60 support. Analysts predict further drop to $0.54. Whale activity and market sentiment influence decline. Technical analysis signals bearish outlook, with potential for recovery if XRP stabilizes above $0.60.
XRP Poised for Potential Surge Amid Mixed Community Views
HSBC, one of the UK’s largest banks, announced that it will work with Metaco, a technology company owned by Ripple Labs, on digital asset custody services.
The event, held at the National Capitol in Ngerulmud, Palau, brought together representatives from the Palau National Treasury and Ripple to celebrate the successful launch of the Palau Stablecoin.
The ongoing legal battle between blockchain firm Ripple and the Securities Exchange Commission (SEC) is projected to impact the general crypto market.
The Ripple vs SEC case continues to produce encouraging signs of a favorable end for Ripple which in turn would boost XRP price action.
XRP rallied 10% after the ruling was announced.
Ripple (XRP) was once the third biggest coin in the cryptocurrency space and has been a staple in the top 10 since it was launched in 2017 – offering a faster and more energy-efficient alternative to BTC.
Ripple (XRP) was once the third biggest coin in the cryptocurrency space and has been a staple in the top ...