In today’s episode, XRP climbs after Ripple CEO Brad Garlinghouse confirmed that the firm is applying for a banking license in the United States. Plus, CNBC Crypto World provides an inside look at the Ethereum Community Conference taking place in Cannes. And, Michael Anderson, co-founder of Framework Ventures, breaks down how the venture capital industry is thinking about the stablecoin spaceIn today’s episode, XRP climbs after Ripple CEO Brad Garlinghouse confirmed that the firm is applying for a banking license in the United States. Plus, CNBC Crypto World provides an inside look at the Ethereum Community Conference taking place in Cannes. And, Michael Anderson, co-founder of Framework Ventures, breaks down how the venture capital industry is thinking about the stablecoin spaceIn a significant move for the cryptocurrency industry, XRP saw an upward climb following confirmation from Ripple CEO Brad Garlinghouse that the company is actively pursuing a U.S. banking license. This development marks a strategic shift as Ripple continues to deepen its footprint within the regulated financial sector.
Meanwhile, CNBC Crypto World offered a behind-the-scenes look at the Ethereum Community Conference (EthCC) currently being held in Cannes, France. The event has gathered developers, thought leaders, and enthusiasts from around the globe to discuss Ethereum’s future roadmap, layer-2 innovations, and the growing influence of decentralized finance (DeFi) in reshaping traditional economic systems.
In another segment, Michael Anderson, co-founder of Framework Ventures, provided valuable insights into how venture capital firms are approaching the stablecoin sector. According to Anderson, stablecoins remain a critical pillar for blockchain scalability and mainstream adoption, especially as regulatory frameworks begin to form in the U.S. and beyond. He emphasized that VCs are particularly interested in projects that offer compliance, liquidity, and seamless integration with traditional financial systems.