XRP Ledger Boosts Stablecoin Settlement Expansion
Ripple and Bitso integrate MXNB and RLUSD stablecoins on XRP Ledger for enhanced cross-border settlement, targeting the U.S.-Mexico corridor. #Update #Crypto $XRP
remittances
Ripple Powers K Bank Blockchain Payments
K bank partners with @Ripple to test blockchain remittances, expanding Ripple’s reach to 100+ institutions. Phase 2 includes UAE and Thailand stablecoin transfers by 2026. #Update #Crypto $XRP
Polygon Powers Revolut’s UK Stablecoin Remittances
@Revolut partners with @Polygon Labs to enable UK and EEA customers to send/receive $USDC and $USDT via the Revolut app, processing over $690M in transactions since December 2024. #Update #Crypto $MATIC
Blockchain Empowers 1.7 Billion Unbanked Users
@FranklinTempleton’s first tokenized money market fund cuts transaction costs from $1 to less than a penny, showcasing blockchain’s potential for efficiency and financial inclusion. #Update #Crypto $BTC
Crypto Surge: Trumps Bill Spurs Adoption
Trump’s bill proposes a 5% remittance tax, potentially pushing over 40 million people towards crypto alternatives like $BTC to avoid the levy. #Breaking #Crypto $BTC (+9) ↗
Crypto Remittances Stagnate in El Salvador
Bitcoin.com: The Reserve Bank of El Salvador reports crypto remittances have consistently been under 1% since October 2024, indicating limited adoption. #Update #Crypto $BTC (-3) ↘