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Tag: Institutions

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Ripple Just Made 2 Moves to Push RLUSD Into Institutions

Ripple launched Ripple Mint, a console for minting and redeeming RLUSD. Ripple invested in Notabene to add compliance checks to RLUSD payments. RLUSD now spans five chains as XRP trades near $1.11. Ripple has launched Ripple Mint, a platform that lets institutions mint, redeem, and manage Ripple USD (RLUSD) through one console. The company also…
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These Institutions Have Bought 3.3% of Bitcoin’s Supply in 3 Weeks

In a word Since Bitcoin ETFs were endorsed, BTC’s cost has dropped and institutional elements are collecting the advanced resource. Retail investor engagement and BlackRock’s participation in Bitcoin ETFs raise expectations for future price increases. In spite of assumptions at a cost climb in the wake of endorsing 11 spot Bitcoin ETFs, Bitcoin’s worth dropped…
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