Fintech News

JUNE 11, 2024

This move aims to enhance Ripple ‘s product offerings and explore new ventures like stablecoins while maintaining regulatory compliance. Following this acquisition, Ripple has announced plans to launch a USD-backed stablecoin. Ripple now has nearly 40 U.S.

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Stablecoins Acquirers Regulatory Compliance Central Bank 105

Fintech News

APRIL 7, 2024

Ripple, a provider of enterprise blockchain and crypto solutions, plans to introduce a stablecoin tied directly to the US dollar (USD), pending regulatory approvals. With the stablecoin market currently valued at approximately US$150 billion and expected to soar to over US$2.8 said Brad Garlinghouse, CEO of Ripple.

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Stablecoins Use Case Blockchain Regulatory Compliance 110

The Fintech Times

APRIL 5, 2024

Ripple , the provider of enterprise blockchain and crypto solutions, plans to launch a stablecoin, pegged 1:1 to the US dollar (USD). Ripple’s stablecoin will be 100 per cent backed by US dollar deposits, short-term US government treasuries, and other cash equivalents. The Ripple stablecoin will be issued on the XRP Ledger.

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Stablecoins Use Case Blockchain On-Demand 62

Fintech News

MAY 12, 2024

XREX Singapore, a blockchain-enabled financial institution specialising in cross-border payments, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS). The company plans to launch XREX Pay, a platform designed to facilitate B2B payments and remittance services.

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Cross-Border Cross-Border Payments Travel Rule Regulatory Compliance 106