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Crypto: Ripple Waves Stablecoins Surge

Ripple’s XRP Ledger and Stablecoins Lead Crypto News

  • Ondo Finance plans to offer tokenized treasuries on Ripple’s XRP Ledger.
  • XRP Ledger introduces clawback features, boosting liquidity for RLUSD stablecoin.
  • Stablecoins surpass a $200 million market cap, with Tether reporting $13 billion in profit.
  • MicroStrategy expands its bitcoin holdings and seeks more capital.
  • Bitwise receives SEC approval for a bitcoin-ether ETF and files for a dogecoin ETF.

Ripple’s XRP Ledger enhancements and stablecoin market growth marked significant developments, including Tether’s $13 billion profit announcement. These events underscore the evolving dynamics within the crypto industry.

Source (2.6)https://www.coindesk.com/coindesk-news/2025/01/31/coindesk-weekly-recap-ripple-makes-waves-and-stablecoins-surge?rand=52298
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