Over 95% of RLUSD stablecoin transactions have occurred on XRP Ledger. Ripple’s stablecoin, RLUSD, has recorded over 105,011 transactions on the XRP Ledger (XRPL). The latest milestone comes approximately two months after its launch. On the other hand, only 4,109 transactions have been processed on the Ethereum (ETH) network, meaning...
Ripple v. SEC Lawsuit: Here’s What Happened in January
The SEC now has a pro-crypto Chairman, but the legal battle against Ripple remains ongoing. TL;DR The SEC doubled down on its appeal against the 2023 ruling favoring Ripple, while the non-profit organization Better Markets sided with the regulator, arguing that XRP is a security. With pro-crypto Mark Uyeda replacing...
Better Markets Files Amicus Brief Backing SEC in Ripple Case
Better Markets says the XRP ruling narrowed the definition of investment contracts and put many crypto offerings beyond the reach of the law. Better Markets, a non-profit advocating for financial reform, has filed an Amicus brief supporting the U.S. Securities and Exchange Commission (SEC) in its ongoing legal battle with...
