Ripple’s
rallied near the $2 mark on Friday after rumors of New York regulators approving the company's RLUSD stablecoin surfaced. The growing demand for an for customers seeking to use digital currencies without the risks associated with volatility and regulatory ambiguity. Thiswouldposition Ripple as a competitor to popular issuers like Tether and Circle in New York's regulated digital finance market. Meanwhile, Bitwise analysts suggested in a Friday report that an
use cases solidifies its value as an asset, especially in powering cross-border payments in the traditional financial system. fails to see a rejection near the $1.96 resistance, it could extend its rally by over 30% to $2.58. is the native token of the decentralized blockchain Ledger chain, helping financial firms save on the cost of transacting worldwide. What is
L is maintained by a peer-to-peer network known as the global