By Kapil Rajyaguru
By Kapil Rajyaguru Ripple Integrates RLUSD Stablecoin Into Cross-Border Payments System
Ripple, an enterprise-focused blockchain service closely tied to the XRP Ledger (XRP), said on Wednesday it has integrated its stablecoin to the company’s cross-border payments system to boost adoption for Ripple USD (RLUSD).
Select Ripple Payments customers including cross-border payment providers BKK Forex and iSend are already using the stablecoin to improve their treasury operations, the company said. Ripple plans to further expand the token’s availability to payments customers.
Additionally, crypto exchange Kraken added RLUSD to its platform, following recent listings on LMAX and Bitstamp.
US House Committee Passes Stablecoin-Regulating STABLE Act
The US House Financial Services Committee has passed a Republican-backed stablecoin framework bill, which will now head to the House floor for a full vote.
The Committee passed the Stablecoin Transparency and Accountability for a Better Ledger Economy, or STABLE Act, with a 32-17 vote on April 2.
The bill would provide rules around payment stablecoins, a type of crypto token tied to a currency such as the US dollar, and aims to ensure issuers give information about their business and how they back their tokens.
Solana’s Jupiter Buys DRiP Haus, DeFi Exchange’s First NFT Play
Jupiter, Solana’s top DeFi exchange, has acquired the digital collectibles platform DRiP Haus to expand its NFT capabilities. DRiP Haus will continue to operate independently, with half of its team integrating NFT features into Jupiter’s platform.
The acquisition is part of Jupiter’s push to become what Jupiter’s Kash Dhanda calls the “Solana super app:” a home not only for traders of financial instruments like swaps and perps, but for digital culture connoisseurs too.
HBAR Foundation Joins Onlyfans Founder Startup To Bid On TikTok
Zoop, the social app created by OnlyFans founder Tim Stokely, and the HBAR Foundation have reportedly submitted a bid to purchase the video-sharing app TikTok in the United States.
According to an April 2 Reuters report, the HBAR Foundation and Zoop filed an intent to bid on TikTok with the Trump administration.
The bid will follow others from major technology companies, including Amazon, Oracle, Microsoft, and Rumble, in an attempt to keep the video-sharing app’s services alive for US users.
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