💰 Abu Dhabi Firm Invests $2B in Binance Using USD1 Stablecoin

A significant investment deal has been made where an Abu Dhabi-based firm has invested $BTC 2 billion into Binance using the #USD1 stablecoin. #USD1, a dollar-pegged stablecoin backed by US treasuries and other cash equivalents, was selected for this transaction. This move highlights the growing influence of World Liberty, the issuer of #USDT , in the global crypto industry.

The Guardian

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99Bitcoins

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📈 Market Update

Global Crypto Market Cap: $2.98 trillion, up by 0.58% over the last 24 hours.

Bitcoin (BTC): Trading at $96,711, up by 1.44% in the past 24 hours.

Ethereum (ETH): Trading around $1,800, showing signs of consolidation after a challenging April.

Binance

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#CryptoRank

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Binance

🔥 XRP Experiences Surge Amidst Rumors

Ripple's XRP token has experienced a significant price surge, reportedly increasing by 126% following rumors involving CEO Brad Garlinghouse and former President Donald Trump. The speculation centers around potential discussions that may influence XRP's future.

Binance