XRP Ledger implements key updates ahead of RLUSD launch
The #XRPLedger (XRPL) has announced the deployment of two significant updates as it prepares for the upcoming launch of the #Ripple stablecoin, #RLUSD . The recent amendments are now live on the mainnet. The amendments are aimed at transaction handling enhancement and improving overall functionality.
BNB Chain enhances stablecoin usage with new initiatives
#BNBChain has announced several new programs aimed at increasing the integration and usage of #stablecoins within its ecosystem. Stablecoins, known for their price stability, play a vital role in the cryptocurrency market by facilitating smoother transactions and reducing volatility.
#MeshMap secures $4M in a funding round co-led by #AndreessenHorowitz , #GSR , #Lattice , #EscapeVelocity , #Colosseum and angel investors. MeshMap is creating an open 3D map of the world using community-submitted 3D scans, incentivized with tokens and engaging gameplay.
PayPal expands cryptocurrency features for business accounts
#PayPal has announced that U.S. merchants can now buy, hold, and sell #cryptocurrency directly from their business accounts. This new functionality, however, is not available in New York State. The move follows increasing demand from business owners for similar cryptocurrency capabilities previously offered to consumers.
Ethereum transaction fees spike as blockchain activity surges
#Ethereum $ETH transaction fees have increased significantly over the past week, driven by a rise in blockchain activity, according to a report from #Coinbase . The average gas price surged 498% from the previous 30-day average, with the median transaction cost now at $1.69, up from $0.09 earlier this month.
Robinhood and Revolut consider entering Stablecoin market
#Robinhood and #Revolut are exploring the possibility of launching their own #StablecoinDebate 's, aiming to challenge #Tether 's dominance in the growing $170 billion digital asset market. The move comes as new regulations in the European Union may limit Tether's operations, creating opportunities for other issuers.