Ripple backs an RLUSD credit fund amid XRP's best week in months

CoinDesk3h agoUpdated 3h ago
Ripple backs an RLUSD credit fund amid XRP's best week in months
Smart Read

Clearpool and Cicada Partners are building an institutional lending product using RLUSD, though the XRP Ledger features underpinning it are still awaiting activation.

Coins in this story

XRP
₹1.30
+18.90%

Discussion

Related stories

CoinDesk

A $2 million bet on XRP volatility crosses the tape as prices surge

An options trader opened a large straddle on XRP, betting on wild price swings by Aug. 28.

Decrypt

Tensions Flare as CME, Kalshi Execs Clash Over Prediction Markets in DC

CME Group Chairman Terry Duffy and Kalshi co-founder Luana Lopes Lara traded barbs during a CFTC meeting over prediction markets, manipulation, and regulatory standards.

Decrypt

What's Next for Bitcoin After Historic Rally? Experts Weigh In

Bitcoin's surge above $72,000 wiped out billions in bearish bets, but analysts say fresh buying will be needed to keep the rally going.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.