Ripple Applies for National Banking Charter to Federally Regulate Its Stablecoin RLUSD
According to reports from Wu, Ripple has applied for a national banking charter from the Office of the Comptroller of the Currency to bring its stablecoin RLUSD under federal oversight. At the same time, Ripple's subsidiary Standard Custody & Trust has applied for a Federal Reserve master account, which, if approved, would allow for the direct issuance and redemption of stablecoins outside of banking hours.
Lightchain: AI Integrating Blockchain, Innovative Technology Yet Controversial Due to ICO?
Introduction In the recent sluggish market, a project combining blockchain and artificial intelligence has been quietly cultivating and is about to officially launch its mainnet, which is the focus of this article—Lightchain AI. It introduces a unique "Intelligent Proof of Interest," integrating the dynamic adaptability of AI into the decentralized network of blockchain, and handles related costs and incentives through the governance token $LCAI. This article will help you understand the highlights of Lightchain AI and discuss the concerns existing in the online community, analyzing whether it is a cross-generational product or just a rehash of old ideas. Introduction to Lightchain AI
According to ChainCatcher, Teucrium announced plans to launch an inverse XRP ETF, which would allow investors to profit from falling XRP prices, subject to demand assessment.In addition, Teucrium has launched the first XRP exchange-traded fund in the United States, Teucrium 2x Long Daily XRP ETF, which provides twice the daily return of XRP through a swap agreement and uses European exchange-traded products as a reference rate.
SEC Approves Three ProShares XRP Futures ETFs to Launch on April 30, 2025
According to BlockBeats, on April 27, the U.S. SEC approved three XRP futures ETFs from ProShares Trust: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF.ProShares Ultra XRP ETF aims to provide double the returns of XRP futures prices. ProShares UltraShort XRP ETF aims to provide double the inverse returns of XRP futures prices. ProShares Short XRP ETF aims to provide inverse returns of XRP futures prices.These three futures ETFs are scheduled to officially launch on April 30, 2025.