Digitization and COVID-19 Put Underserved Market Remittances Under Pressure The term gray market might conjure up images of nefarious players exchanging cash in shadowy alleys. In reality, gray markets have become an unfortunate necessity for those that lack the financial resources to operate within the traditional payment system. These informal remittance channels are often censured
XRP
[embedded content] In this special Apex edition of The Ripple Drop, we run down the highlights of the inaugural event, then zoom in to look at Ledger City and xApps, two of the many exciting projects being built on the XRP Ledger (XRPL) that were featured at Apex. Apex is a Hit The first-ever Apex
We’re excited to announce a new partnership with the Republic of Palau to explore the country’s first national digital currency and its use cases with the XRP Ledger (XRPL). The partnership will initially focus on developing strategies for cross-border payments and a USD-backed digital currency for Palau. This could see the implementation of the world’s
Today, Ripple is releasing a framework for cryptocurrency and digital asset regulation: A Real Approach to Cryptocurrency Regulation. This approach is designed to offer an immediate and pragmatic way forward that accounts for the dynamic capabilities of cryptocurrency and digital assets. We believe the best public policy outcomes can be achieved by public-private collaboration, adapting
The world is fast moving towards a crypto-first future. One in which every company will have a strategy for how to leverage crypto, tokenized assets, smart contracts and more to transfer value and fuel a rising tide of global digital transactions and commerce. Liquidity – the ability to instantly, seamlessly and affordably exchange assets –
[embedded content] Building great products and teams is something Dushyant Acharya has approached with passion in his eighteen months as a Senior Manager in Engineering at Ripple. The road to creating the Internet of Value isn’t linear, but Dushyant navigates with commitment and enthusiasm. “I absolutely love everyone I work with, especially my team,” says
Open banking is poised to transform business operations and payments transactions across North America. As fintechs and banks explore alternatives to debit and credit card transactions and lean into account-to-account payment networking, education and additional regulatory guidance around open banking will help usher in this new paradigm. Regions where open banking has already made its
Ripple publishes the quarterly XRP Markets Report to voluntarily provide transparency and regular updates on the company’s views on the state of crypto markets such as quarterly XRP sales, relevant XRP-related announcements and commentary on market developments over the previous quarter. As an XRP holder, Ripple believes proactive communication and transparency are part of being
The turn of the calendar year is a popular time to reflect on the prior one and look ahead to the next. While the sudden and remarkable explosion of non-fungible tokens (NFTs) in 2021 showcased yet another mainstream application for blockchain, the past year in crypto was largely marked by consistent growth and maturation in
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week DOGE co-founder sets sights on Ethereum bridge and NFTs for
Grayscale Investments, a New-York based crypto asset manager, includes Solana (SOL) and Uniswap (UNI) after rebalancing its basket of Grayscale Digital Large Cap Fund (GDLC) portfolio. The quarterly rebalancing of GDLC is done by selling existing components of the portfolio for cash and procuring performant crypto assets. Based on the adjustment, Solana and Uniswap make
Airdrops have become the cryptocurrency ecosystem’s equivalent of stimulus checks over the past couple of years and further proof of this can be evidenced from popular protocols like Uniswap and dYdX which rewarded their early adopters with token drops that are now worth $30,000 to $2 million. The latest protocol to surprise its userbase with
In September the frenzy that propelled the nonfungible token (NFT) sector quieted down but a burst of fresh energy emerged as the layer-two sector heated after the successful launch of Ethereum (ETH) scaling solutions like Arbitrum and Optimism. Another project that has benefited from the sector’s transition to layer-1 and layer-2 alternatives is OMG Network
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Lisa N. Edwards, a cryptocurrency trading specialist who runs and co-owns Getting Started In Crypto. Lisa is an
The International Monetary Fund (IMF) released a set of actionable policies for the emerging markets and developing economies to ensure financial stability amid global crypto adoption. The IMF believes in the potential of crypto assets as a tool for faster and cheaper cross-border payments, citing the dramatic increase in the value of the crypto markets
On Oct. 1, the cryptocurrency market experienced a 9.5% pump that drove Bitcoin (BTC) and Ether (ETH) to their highest levels in 12 days. A variety of reasons have been attributed to the price move, including the U.S. consumer price index, exchanges’ diminishing supply, and a “cup and handle” bullish continuation chart formation. Traders are
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