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📢📢 US Gov Approves Key Digital Asset In a historic move for the digital asset sector, the U.S. government has officially granted its first-ever endorsement of a key digital asset. SEC Chair confirms first-ever U.S. government stamp of approval on a key digital asset, signaling a breakthrough moment for blockchain adoption in mainstream financial infrastructure. Financial Future A pivotal shift in U.S. regulatory posture is underway as stablecoins gain unprecedented government recognition, signaling potential upgrades in how financial assets and payments are exchanged. U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins stated in a July 21 interview with CNBC that the U.S. government has formally acknowledged a digital asset’s role in the financial system. $XRP $XLM $SUI #DELABSBinanceTGE #BNBATH #US-EUTradeAgreement #ETHReclaims3800 #AmericaAIActionPlan
📢📢 US Gov Approves Key Digital Asset

In a historic move for the digital asset sector, the U.S. government has officially granted its first-ever endorsement of a key digital asset.

SEC Chair confirms first-ever U.S. government stamp of approval on a key digital asset, signaling a breakthrough moment for blockchain adoption in mainstream financial infrastructure.

Financial Future

A pivotal shift in U.S. regulatory posture is underway as stablecoins gain unprecedented government recognition, signaling potential upgrades in how financial assets and payments are exchanged. U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins stated in a July 21 interview with CNBC that the U.S. government has formally acknowledged a digital asset’s role in the financial system.

$XRP $XLM $SUI

#DELABSBinanceTGE #BNBATH #US-EUTradeAgreement #ETHReclaims3800 #AmericaAIActionPlan
📢📢 DOT Miners officially launches XRP & DOGE high-yield cloud mining solution 💰 In the face of this round of capital and user enthusiasm, the cloud mining platform DOT Miners announced that it will simultaneously open high-yield cloud mining channels for XRP and DOGE, providing a new option for holders to make profits without trading . According to the platform, users only need to transfer their XRP or DOGE to the platform to access its high-performance computing system based on the Polkadot network, with an average daily income of up to $3,200, without the need for hardware equipment. The channel is designed to "charge and mine", automatically settle returns daily, and support withdrawals at any time. #CryptoScamSurge #AmericaAIActionPlan #BTRPreTGE #CryptoClarityAct #TrumpBitcoinEmpire $DOGE $XRP
📢📢 DOT Miners officially launches XRP & DOGE high-yield cloud mining solution 💰

In the face of this round of capital and user enthusiasm, the cloud mining platform DOT Miners announced that it will simultaneously open high-yield cloud mining channels for XRP and DOGE, providing a new option for holders to make profits without trading .

According to the platform, users only need to transfer their XRP or DOGE to the platform to access its high-performance computing system based on the Polkadot network, with an average daily income of up to $3,200, without the need for hardware equipment. The channel is designed to "charge and mine", automatically settle returns daily, and support withdrawals at any time.

#CryptoScamSurge #AmericaAIActionPlan #BTRPreTGE #CryptoClarityAct #TrumpBitcoinEmpire

$DOGE $XRP
📢📢Trump Signs First US law on Stablecoin, hails it a 'Financial Revolution' 🚀💰 In a major win for the digital asset industry, US President Donald Trump has signed the first federal law aimed at regulating stablecoins, Bloomberg reported. Speaking at a White House ceremony on Friday, Trump described the bill as a “giant step to cement American dominance of global finance and crypto technology". Named the Genius Act, the new law creates a clear regulatory structure for stablecoins backed by the US dollar. It requires issuers to maintain dollar-for-dollar reserves in short-term government securities or equivalent assets, all under the oversight of either state or federal regulators. “The Genius Act creates a clear and simple regulatory framework to establish and unleash the immense promise of dollar-backed stablecoins,” Trump said. “This could be perhaps the greatest revolution in financial technology since the birth of the internet itself.” Trump also appointed venture capitalist David Sacks as the White House’s first AI and crypto czar. Earlier this year, he signed an executive order to create a Strategic Bitcoin Reserve and pushed for crypto-friendly regulators while easing investigations into firms like Coinbase and Robinhood. #StablecoinLaw #NFTMarketWatch #GENIUSAct #StrategyBTCPurchase #AltcoinBreakout $XRP $TRUMP $OM
📢📢Trump Signs First US law on Stablecoin, hails it a 'Financial Revolution' 🚀💰

In a major win for the digital asset industry, US President Donald Trump has signed the first federal law aimed at regulating stablecoins, Bloomberg reported. Speaking at a White House ceremony on Friday, Trump described the bill as a “giant step to cement American dominance of global finance and crypto technology".

Named the Genius Act, the new law creates a clear regulatory structure for stablecoins backed by the US dollar. It requires issuers to maintain dollar-for-dollar reserves in short-term government securities or equivalent assets, all under the oversight of either state or federal regulators.

“The Genius Act creates a clear and simple regulatory framework to establish and unleash the immense promise of dollar-backed stablecoins,” Trump said. “This could be perhaps the greatest revolution in financial technology since the birth of the internet itself.”

Trump also appointed venture capitalist David Sacks as the White House’s first AI and crypto czar. Earlier this year, he signed an executive order to create a Strategic Bitcoin Reserve and pushed for crypto-friendly regulators while easing investigations into firms like Coinbase and Robinhood.

#StablecoinLaw #NFTMarketWatch #GENIUSAct #StrategyBTCPurchase #AltcoinBreakout

$XRP $TRUMP $OM
Scaling Web3 just got a serious upgrade! ⚙️💥 @Calderaxyz is redefining rollups with performance, flexibility, and speed — all powered by $ERA . Excited to see where #caldera takes the next generation of dApps! 🚀 #BinanceSquare #Web3 #Layer2
Scaling Web3 just got a serious upgrade! ⚙️💥
@Caldera Official is redefining rollups with performance, flexibility, and speed — all powered by $ERA .

Excited to see where #caldera takes the next generation of dApps! 🚀

#BinanceSquare #Web3 #Layer2
#BREAKING 📢📢 US House Passes Three Landmark Cryptocurrency Bills 🪙 The US House of Representatives on Thursday passed three landmark cryptocurrency bills, fulfilling the Trump administration’s commitment to the once-controversial industry. Lawmakers easily approved the CLARITY Act, which aims to establish a clearer regulatory framework for cryptocurrencies and other digital assets. The bill is designed to clarify industry rules and divide regulatory authority between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). It will now advance to the Senate, where Republicans hold a slim majority. House legislators also readily passed the GENIUS Act, which codifies the use of stablecoins – cryptocurrencies pegged to stable assets like the US dollar or US bonds. This bill is expected to go directly to President Trump for his signature to become law. Notably, both the CLARITY Act and the GENIUS Act garnered significant bipartisan support, with Democrats also having seen an increase in lobbying and contributions from the crypto industry. #GENIUSAct #AltcoinBreakout #TrumpCryptoSupport #StablecoinLaw $BNB $TRUMP $PEPE
#BREAKING
📢📢 US House Passes Three Landmark Cryptocurrency Bills 🪙

The US House of Representatives on Thursday passed three landmark cryptocurrency bills, fulfilling the Trump administration’s commitment to the once-controversial industry.

Lawmakers easily approved the CLARITY Act, which aims to establish a clearer regulatory framework for cryptocurrencies and other digital assets.

The bill is designed to clarify industry rules and divide regulatory authority between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

It will now advance to the Senate, where Republicans hold a slim majority.

House legislators also readily passed the GENIUS Act, which codifies the use of stablecoins – cryptocurrencies pegged to stable assets like the US dollar or US bonds.

This bill is expected to go directly to President Trump for his signature to become law.

Notably, both the CLARITY Act and the GENIUS Act garnered significant bipartisan support, with Democrats also having seen an increase in lobbying and contributions from the crypto industry.

#GENIUSAct #AltcoinBreakout #TrumpCryptoSupport #StablecoinLaw

$BNB $TRUMP $PEPE
🪙 Gold vs. Bitcoin: BTC Eyes $140K as XAUUSD Holds Key Support Bitcoin (BTC) price may gain further support as Standard Chartered becomes the first global systemically important bank to offer spot crypto trading through its UK branch. This move reflects growing institutional interest and adds legitimacy to the market. The ability for corporates and asset managers to access Bitcoin via a regulated platform boosts confidence and may attract new capital. As client demand increases and regulatory clarity improves, Bitcoin is likely to experience sustained upward momentum. The broader pro-crypto sentiment, including US political support and global banking adoption, strengthens the bullish outlook for bitcoin. 🥇 Gold-to-Bitcoin Ratio Signals Potential for BTC Outperformance The gold-to-Bitcoin ratio indicates that it has formed strong resistance at the long-term descending channel and is continuing to decline. The recent surge in Bitcoin above $120,000 has pushed the gold-to-Bitcoin ratio down toward the 0.2 level. The key pivotal support lies at 0.026. A break below this level could trigger another strong surge in Bitcoin. The Bitcoin-to-gold ratio shows that the recent surge in Bitcoin has pushed the ratio toward the 35 level. A break above the 40 area in the ratio will likely initiate another strong rally in Bitcoin prices. The emergence of bullish price action in this ratio suggests that a breakout is likely, which would be a strong bullish signal for Bitcoin. $XRP $ADA $XLM #BinanceHODLerERA #BTCWhaleTracker #BTC #HoldForGold #HoldOnTight
🪙 Gold vs. Bitcoin: BTC Eyes $140K as XAUUSD Holds Key Support

Bitcoin (BTC) price may gain further support as Standard Chartered becomes the first global systemically important bank to offer spot crypto trading through its UK branch. This move reflects growing institutional interest and adds legitimacy to the market.

The ability for corporates and asset managers to access Bitcoin via a regulated platform boosts confidence and may attract new capital. As client demand increases and regulatory clarity improves, Bitcoin is likely to experience sustained upward momentum. The broader pro-crypto sentiment, including US political support and global banking adoption, strengthens the bullish outlook for bitcoin.

🥇 Gold-to-Bitcoin Ratio Signals Potential for BTC Outperformance

The gold-to-Bitcoin ratio indicates that it has formed strong resistance at the long-term descending channel and is continuing to decline. The recent surge in Bitcoin above $120,000 has pushed the gold-to-Bitcoin ratio down toward the 0.2 level. The key pivotal support lies at 0.026. A break below this level could trigger another strong surge in Bitcoin.

The Bitcoin-to-gold ratio shows that the recent surge in Bitcoin has pushed the ratio toward the 35 level. A break above the 40 area in the ratio will likely initiate another strong rally in Bitcoin prices. The emergence of bullish price action in this ratio suggests that a breakout is likely, which would be a strong bullish signal for Bitcoin.

$XRP $ADA $XLM

#BinanceHODLerERA #BTCWhaleTracker #BTC #HoldForGold #HoldOnTight
S
XRP/USDC
Price
3.6231
📢 SRM Rebrands to Tron Inc. and Adopts TRON as its New Ticker Symbol 🚀🚀 SRM Entertainment, Inc. (Nasdaq: SRM) (“SRM” or the “Company”), today announced that it has changed its corporate name to Tron Inc., to align with its major transformation into a TRON (“TRX”) treasury strategy company. In addition to the name change, the Company will change its ticker to the symbol “TRON” on the Nasdaq Capital Market, effective July 17, 2025. Since announcing its Tron treasury strategy, the Company’s share price has risen significantly reflecting investor confidence in Tron protocol as the dominant layer-1 for USDT stablecoin. The Company is the largest publicly traded corporate holder of TRX in the world, currently holding more than 365 million TRX tokens. This transition marks a pivotal moment in our corporate strategy to enhance long-term value through Tron treasury management,” said Rich Miller, CEO. “We believe that TRX will continue to play a critical role in building the next generation global payment rail and a more inclusive financial infrastructure with 24/7 low cost and fast transaction capability.” #TradingStrategyMistakes #TRONNetwork's #TronNetwork #TRONNetwork's #TRX $TRX $ADA $SUN
📢 SRM Rebrands to Tron Inc. and Adopts TRON as its New Ticker Symbol 🚀🚀

SRM Entertainment, Inc. (Nasdaq: SRM) (“SRM” or the “Company”), today announced that it has changed its corporate name to Tron Inc., to align with its major transformation into a TRON (“TRX”) treasury strategy company. In addition to the name change, the Company will change its ticker to the symbol “TRON” on the Nasdaq Capital Market, effective July 17, 2025.

Since announcing its Tron treasury strategy, the Company’s share price has risen significantly reflecting investor confidence in Tron protocol as the dominant layer-1 for USDT stablecoin. The Company is the largest publicly traded corporate holder of TRX in the world, currently holding more than 365 million TRX tokens.

This transition marks a pivotal moment in our corporate strategy to enhance long-term value through Tron treasury management,” said Rich Miller, CEO. “We believe that TRX will continue to play a critical role in building the next generation global payment rail and a more inclusive financial infrastructure with 24/7 low cost and fast transaction capability.”

#TradingStrategyMistakes #TRONNetwork's #TronNetwork #TRONNetwork's #TRX

$TRX $ADA $SUN
📢With a $1M Retirement Target by 2030, Here is How Much XRP You Need to Hold 💰🚀 The crypto market has a knack for rewarding early investors, as observed with assets such as Bitcoin (BTC), XRP, and even meme coin Shiba Inu, which rallied extensively shortly after they launched. How Much XRP to Hold to Hit $1M Retirement Target by 2030 Specifically, analysts at Changelly expect XRP to begin 2030 with a price of $12.09 in January. They believe the asset could rise to a maximum price of $17.16 by mid-2030. However, their most bullish projection for XRP in 2030 is a price of $20.22 by December 2030. For an investor to hit the $1 million retirement target with this $20.22 price by December 2030, they would have to hold 49,455 XRP tokens. At the current price, these 49,455 tokens cost $105,341. However, at XRP’s price of $0.50 in early November 2024, these tokens were worth $24,727. Meanwhile, Telegaon analysts are more bullish on XRP. In particular, they predict XRP to trade at an average price of $42.34 by 2030, with a possible maximum price of $48.02. Notably, at this maximum price, an investor must hold 20,820 XRP tokens to hit the $1 million retirement target. Interestingly, these tokens currently cost $44,347. Lastly, the AI model ChatGPT suggests XRP has a brighter future than other sources predict. According to ChatGPT, XRP could soar to a price range of $25 to $50 by 2030, especially if the broader crypto market rises to the $20 to $30 trillion range. $XRP $XLM #AltcoinSeasonLoading #XRPRealityCheck #XRPPredictions #USCryptoWeek #MemecoinSentiment
📢With a $1M Retirement Target by 2030, Here is How Much XRP You Need to Hold 💰🚀

The crypto market has a knack for rewarding early investors, as observed with assets such as Bitcoin (BTC), XRP, and even meme coin Shiba Inu, which rallied extensively shortly after they launched.

How Much XRP to Hold to Hit $1M Retirement Target by 2030

Specifically, analysts at Changelly expect XRP to begin 2030 with a price of $12.09 in January. They believe the asset could rise to a maximum price of $17.16 by mid-2030. However, their most bullish projection for XRP in 2030 is a price of $20.22 by December 2030.

For an investor to hit the $1 million retirement target with this $20.22 price by December 2030, they would have to hold 49,455 XRP tokens. At the current price, these 49,455 tokens cost $105,341. However, at XRP’s price of $0.50 in early November 2024, these tokens were worth $24,727.

Meanwhile, Telegaon analysts are more bullish on XRP. In particular, they predict XRP to trade at an average price of $42.34 by 2030, with a possible maximum price of $48.02. Notably, at this maximum price, an investor must hold 20,820 XRP tokens to hit the $1 million retirement target. Interestingly, these tokens currently cost $44,347.

Lastly, the AI model ChatGPT suggests XRP has a brighter future than other sources predict. According to ChatGPT, XRP could soar to a price range of $25 to $50 by 2030, especially if the broader crypto market rises to the $20 to $30 trillion range.

$XRP $XLM

#AltcoinSeasonLoading #XRPRealityCheck #XRPPredictions #USCryptoWeek #MemecoinSentiment
#BinanceTurns8 Collect all #BinanceTurns8 crypto star sign for a chance to win bonus BNB reward! Share your Collection https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_V6AGH
#BinanceTurns8

Collect all #BinanceTurns8 crypto star sign for a chance to win bonus BNB reward!

Share your Collection
https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_V6AGH
📢 Trump’s Truth Social Files for a Blue Chip Crypto ETF With 5 Tokens 🚀💰💰 Truth Social, a key piece of President Trump’s crypto empire, has prepared ETF launch plans for several months now. In early June, NYSE Arca filed a Form 19b-4 to launch a Bitcoin ETF under the firm’s branding. Today’s new filing takes more of a basket approach, containing several prominent altcoins in addition to BTC. According to the SEC filing, Truth Social’s new product would primarily be a Bitcoin ETF. 70% of its allocation would go to this asset, 15% to ETH, 8% to SOL, 5% to Cronos (CRO), and 2% to XRP. The company recently attempted to create a joint BTC/ETH ETF, so this altcoin diversification is steadily increasing. At first, it seems a little odd that Cronos would occupy such a prominent position in the ETF, more than double XRP’s allocation. Ripple is firmly aligned with the President, and XRP is a much more prominent token than CRO. However, friction between Trump and Ripple sprouted recently, and Truth Social specifically signed a deal with Crypto.com to promote altcoin ETFs. When considering these two points, the Cronos inclusion seems more legible. Nonetheless, Truth Social may face a few obstacles in bringing another ETF to Trump’s crypto empire. Last week, the SEC theoretically approved an altcoin basket ETF, but put a stay on actual trading immediately afterward. Meanwhile, the ETF will be structured as a Nevada business trust, a legal setup often used for investment funds. This makes it easier to manage the ETF and can help reduce legal and tax complications compared to other business types. For now, this filing reflects Trump’s business interest in continued ETF expansion. As long as that trend continues, eventual approval seems likely. The SEC has signaled its willingness to play ball with new products in several ways, even developing a streamlined approval process for altcoin ETF filings. $XRP $BNB $BROCCOLI714 #MemecoinSentiment #USCryptoWeek #TradingStrategyMistakes #BinanceTurns8 #SECETFApproval
📢 Trump’s Truth Social Files for a Blue Chip Crypto ETF With 5 Tokens 🚀💰💰

Truth Social, a key piece of President Trump’s crypto empire, has prepared ETF launch plans for several months now. In early June, NYSE Arca filed a Form 19b-4 to launch a Bitcoin ETF under the firm’s branding.

Today’s new filing takes more of a basket approach, containing several prominent altcoins in addition to BTC.

According to the SEC filing, Truth Social’s new product would primarily be a Bitcoin ETF. 70% of its allocation would go to this asset, 15% to ETH, 8% to SOL, 5% to Cronos (CRO), and 2% to XRP. The company recently attempted to create a joint BTC/ETH ETF, so this altcoin diversification is steadily increasing.

At first, it seems a little odd that Cronos would occupy such a prominent position in the ETF, more than double XRP’s allocation. Ripple is firmly aligned with the President, and XRP is a much more prominent token than CRO.

However, friction between Trump and Ripple sprouted recently, and Truth Social specifically signed a deal with Crypto.com to promote altcoin ETFs. When considering these two points, the Cronos inclusion seems more legible.

Nonetheless, Truth Social may face a few obstacles in bringing another ETF to Trump’s crypto empire. Last week, the SEC theoretically approved an altcoin basket ETF, but put a stay on actual trading immediately afterward.

Meanwhile, the ETF will be structured as a Nevada business trust, a legal setup often used for investment funds. This makes it easier to manage the ETF and can help reduce legal and tax complications compared to other business types.

For now, this filing reflects Trump’s business interest in continued ETF expansion. As long as that trend continues, eventual approval seems likely.

The SEC has signaled its willingness to play ball with new products in several ways, even developing a streamlined approval process for altcoin ETF filings.

$XRP $BNB $BROCCOLI714

#MemecoinSentiment #USCryptoWeek #TradingStrategyMistakes #BinanceTurns8 #SECETFApproval
📢 Crypto Market in Full Recovery : Catalysts You Need to Know 🚀💰 The risk appetite among investors is currently very high, to the point where the Fear and Greed Index has reached 75, a level corresponding to extreme greed. This pursuit of risk benefits assets considered volatile and speculative, such as Bitcoin and other cryptocurrencies. The demand from institutional investors has also played a key role in price appreciation. Bitcoin ETFs have crossed the $50 billion in assets under management threshold for the first time. Ethereum funds have recorded more than $4.72 billion in inflows since the beginning of the year. From a technical analysis perspective, Bitcoin has formed several bullish chart patterns, including a “cup-and-handle” and a “bullish flag.” Breaking through these technical levels suggests a continuation of the uptrend, with potential for growth beyond $140,000 in the coming months. Such a scenario would translate into additional gains for cryptocurrencies like Ethereum and Cardano. The combination of macroeconomic factors, institutional demand, and favorable technical dynamics creates ideal conditions. Analysts are betting on a continuation of the bullish trend for Bitcoin and cryptocurrencies in the weeks and months ahead. Informed investors in the crypto sector have good reason to be optimistic. $XRP $BTC $ADA #SECETFApproval #BinanceTurns8 #TruthSocialCryptoBlueChipETF #BTCBreaksATH #ETHBreaks3k
📢 Crypto Market in Full Recovery : Catalysts You Need to Know 🚀💰

The risk appetite among investors is currently very high, to the point where the Fear and Greed Index has reached 75, a level corresponding to extreme greed. This pursuit of risk benefits assets considered volatile and speculative, such as Bitcoin and other cryptocurrencies.

The demand from institutional investors has also played a key role in price appreciation. Bitcoin ETFs have crossed the $50 billion in assets under management threshold for the first time. Ethereum funds have recorded more than $4.72 billion in inflows since the beginning of the year.

From a technical analysis perspective, Bitcoin has formed several bullish chart patterns, including a “cup-and-handle” and a “bullish flag.” Breaking through these technical levels suggests a continuation of the uptrend, with potential for growth beyond $140,000 in the coming months. Such a scenario would translate into additional gains for cryptocurrencies like Ethereum and Cardano.

The combination of macroeconomic factors, institutional demand, and favorable technical dynamics creates ideal conditions. Analysts are betting on a continuation of the bullish trend for Bitcoin and cryptocurrencies in the weeks and months ahead. Informed investors in the crypto sector have good reason to be optimistic.

$XRP $BTC $ADA

#SECETFApproval #BinanceTurns8 #TruthSocialCryptoBlueChipETF #BTCBreaksATH #ETHBreaks3k
📢Analyst Boldly Predicts Shiba Inu Will Shock the Market With $0.01 Surge 🚀🚀 The discussion comes at a time when Shiba Inu (SHIB) is trading at $0.00001177, posting a modest 1.7% gain over the past week. The price action has been relatively steady but volatile, with SHIB climbing to a weekly high near $0.00001212 after dipping to a low around $0.00001115 on July 1. Despite this sideways performance, social media discussions remain energized by renewed price predictions. One notable voice is YourPOP, a well-known crypto enthusiast on X, who continues to maintain a bullish outlook on SHIB. Shiba Inu to $0.01? After previously calling for a return to the token’s all-time high of $0.00008616, a level SHIB currently sits more than 86% below, YourPOP returned this week with an even more aggressive forecast: SHIB to $0.01. There was also criticism directed at Shibarium, SHIB’s Layer 2 network, which one commenter believes is not actively supporting aggressive burn strategies. $SHIB $PEPE #BTCBreaksATH #TrendTradingStrategy #BinanceTurns8 #SHIB #Shibalnu
📢Analyst Boldly Predicts Shiba Inu Will Shock the Market With $0.01 Surge 🚀🚀

The discussion comes at a time when Shiba Inu (SHIB) is trading at $0.00001177, posting a modest 1.7% gain over the past week. The price action has been relatively steady but volatile, with SHIB climbing to a weekly high near $0.00001212 after dipping to a low around $0.00001115 on July 1.

Despite this sideways performance, social media discussions remain energized by renewed price predictions. One notable voice is YourPOP, a well-known crypto enthusiast on X, who continues to maintain a bullish outlook on SHIB.

Shiba Inu to $0.01?

After previously calling for a return to the token’s all-time high of $0.00008616, a level SHIB currently sits more than 86% below, YourPOP returned this week with an even more aggressive forecast: SHIB to $0.01.

There was also criticism directed at Shibarium, SHIB’s Layer 2 network, which one commenter believes is not actively supporting aggressive burn strategies.

$SHIB $PEPE

#BTCBreaksATH #TrendTradingStrategy #BinanceTurns8 #SHIB #Shibalnu
📢BNY Mellon Will have Custody of Ripple's New Stablecoin🚀💰 Bank of New York Mellon will be the primary custodian for the Ripple's U.S. dollar-pegged stablecoin reserves going forward, the two companies said Wednesday. The partnership should enhance regulatory compliance for Ripple, the issuer of ripple USD (RLUSD), and boost institutional credibility for the company as well as the fast-growing stablecoin industry. BNY is the nation's oldest bank and primarily serves institutions and corporations. "BNY is committed to delivering differentiated, end-to-end solutions, designed to meet the needs of institutions across the entire digital assets ecosystem," Emily Portney, global head of asset servicing at BNY, said in a statement. "As primary custodian, we are thrilled to support the growth and adoption of RLUSD by facilitating the seamless movement of reserve assets and cash to support conversions and are proud to be working closely with Ripple to continue propelling the future of the financial system." In recent weeks, Ripple also applied for a U.S. national banking charter and a Federal Reserve master account, which would allow the company to hold reserves directly with the central bank and access its payment rails. #BinanceTurns8
📢BNY Mellon Will have Custody of Ripple's New Stablecoin🚀💰

Bank of New York Mellon will be the primary custodian for the Ripple's U.S. dollar-pegged stablecoin reserves going forward, the two companies said Wednesday.

The partnership should enhance regulatory compliance for Ripple, the issuer of ripple USD (RLUSD), and boost institutional credibility for the company as well as the fast-growing stablecoin industry. BNY is the nation's oldest bank and primarily serves institutions and corporations.

"BNY is committed to delivering differentiated, end-to-end solutions, designed to meet the needs of institutions across the entire digital assets ecosystem," Emily Portney, global head of asset servicing at BNY, said in a statement.

"As primary custodian, we are thrilled to support the growth and adoption of RLUSD by facilitating the seamless movement of reserve assets and cash to support conversions and are proud to be working closely with Ripple to continue propelling the future of the financial system."

In recent weeks, Ripple also applied for a U.S. national banking charter and a Federal Reserve master account, which would allow the company to hold reserves directly with the central bank and access its payment rails.

#BinanceTurns8
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