Ripple and Arf are bringing RLUSD, Ripple’s dollar-pegged stablecoin, to settlement financing on the XRP Ledger. The partnership targets licensed payment companies awaiting cross-border settlements, with plans to adopt lending infrastructure built directly into the network.
Business
According to a Circle shareholder, the US president’s “corruption” through USD1 left the company unable to compete with stablecoins, harming USDC.
Business
‘It’s a take-back trade,’ says PGIM’s Tipp. ‘Not an all-out fear of recession type of situation.’
Business
“Fewer babies in each household means parents spend more per baby,” Procter & Gamble’s CFO says.
Business
Wall Street may be starting to price in the scenario everyone fears: a full-scale regional conflict that could further choke off global energy supplies and unleash a fresh wave of turmoil across financial markets.