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Cryptocurrency News Articles
Ripple (RLUSD) Stablecoin Debuts on Crypto Exchanges
Dec 28, 2024 at 11:15 pm
Ripple USD (RLUSD) went live globally Dec. 17, initially on platforms such as Uphold, MoonPay, CoinMENA, Archax and Bitso, with further listings likely in the following weeks.
output: A stablecoin pegged one-to-one with the U.S. dollar and issued natively on both XRP Ledger and Ethereum networks, RLUSD is designed to be used for a variety of applications and use cases. These include cross-border payments, decentralized banking and other use cases that may be enabled by the XRP Ledger and Ethereum networks.
input: A stablecoin pegged one-to-one with the U.S. dollar, USD Coin (USDC) is issued by Centre Consortium, a joint venture between Circle and Coinbase. Notably, USDC is fully backed by cash and U.S. Treasury bonds, and each USDC is redeemable for $1 from Centre Consortium.
Launched in September 2018, USDC is an ERC-20 token that can be used for a variety of applications and use cases, including decentralized finance, cross-border payments and stablecoin trading. Being pegged to the U.S. dollar makes USDC a stable cryptocurrency that is designed to minimize price volatility and maintain a consistent value relative to the fiat currency.
As of December 2022, USDC has a total supply of over 55 billion tokens, making it one of the most widely used and liquid stablecoins in the cryptocurrency market.
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- AVAX Price Surges as Avalanche Chain Embraces Tokenized Funds and Institutional Growth
- Sep 18, 2026 at 04:05 pm
- Avalanche's recent rebound and strategic moves into tokenized funds and institutional liquidity signal a potential turning point for AVAX, as the network positions itself for long-term growth and broader adoption.
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- Bank of Japan's Rate Hike: Yen, Bitcoin, and the Unwinding of Carry Trades
- Sep 18, 2026 at 12:05 pm
- The Bank of Japan's recent interest rate hike sends ripples through global markets, making yen-funded trades pricier and impacting Bitcoin's standing against the Japanese currency, while sparking debates on capital flows and risk asset volatility.
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- CFTC Offers Broker Registration Relief for Passive Crypto Trading Software, Signals Broader Regulatory Shift
- Sep 18, 2026 at 11:55 am
- The CFTC is providing significant relief for passive crypto trading software, easing broker registration burdens and signaling a proactive approach to crypto regulation amid legislative delays.
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- U.S. Tightens Grip: New Sanctions Target Iranian Crypto Exchange BitBank Amid Maritime Payment Probe
- Sep 18, 2026 at 11:55 am
- The U.S. Treasury has sanctioned BitBank, an Iranian cryptocurrency exchange, for allegedly facilitating Bitcoin payments linked to maritime traffic through the Strait of Hormuz.
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- US Treasury Sanctions Iranian Exchange BitBank Over $1 Billion in Crypto Flows: A New York Take
- Sep 18, 2026 at 11:55 am
- The US Treasury has sanctioned Iran-based BitBank, alleging it processed $1 billion in Bitcoin for Iran's Revolutionary Guard through the 'Hormuz Safe' scheme, signaling Washington's intensified crackdown on crypto-based sanctions evasion.
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- North Korea Malware & Asia Express: CoinEx's Exit Amidst a Shifting Digital Landscape
- Sep 18, 2026 at 08:05 am
- Amidst rising North Korean cyber threats and a dynamic Asian crypto scene, CoinEx, a Hong Kong-founded exchange, shutters after nine years, signaling a pivotal moment for regional digital asset markets and regulatory landscapes.
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