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Why would #Ripple, which is launching its own stablecoin ($RLUSD), try to acquire a direct competitor?
Because it’s not about competition — it’s about consolidation.
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$ETH Ethereum is a decentralized blockchain platform launched in 2015 by Vitalik Buterin. Its native cryptocurrency, Ether (ETH), is the second-largest by market capitalization. Unlike Bitcoin, Ethereum supports smart contracts—self-executing agreements coded on the blockchain—enabling decentralized applications (dApps) for finance, gaming, and NFTs. ETH is used to pay for transaction fees (gas) and secure the network via staking since the 2022 shift to proof-of-stake. Ethereum’s scalability improved with upgrades like sharding. Its open-source ecosystem fosters innovation, hosting thousands of tokens and DeFi protocols. Despite high gas fees historically, Ethereum remains a cornerstone of Web3, valued for its versatility and developer community.
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$USDC USD Coin (USDC) is a stablecoin pegged to the U.S. dollar at a 1:1 ratio, ensuring price stability. Launched in 2018 by Circle and Coinbase, it operates on blockchains like Ethereum, Solana, and Algorand. USDC is backed by fully reserved assets, primarily cash and short-term U.S. Treasury bonds, held in regulated financial institutions. Monthly attestations by independent auditors verify these reserves. USDC enables fast, low-cost transactions for payments, remittances, and DeFi applications. Its transparency, regulatory compliance, and interoperability make it a trusted digital dollar, widely adopted in crypto exchanges, wallets, and decentralized finance protocols.
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$XRP #Ripple $USDC OVER 20$B
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Movement Labs Suspends Co-Founder After Suspicious MOVE Token Activity
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