Former CFO for PayPal's Digital Currencies division, is collaborating with Ripple to establish an eco-friendly blockchain venture.
This new project could involve XRP and might help elevate the altcoin’s price toward the $1 mark.
At the Ripple Swell Conference in Miami, Neil DeSilva and Ripple’s CFO Jon Bilich discussed strategies for mitigating risks related to digital asset exposure while building their sustainable blockchain model. They also examined future developments in tokenization and stablecoins.
Ripple is set to launch a U.S. dollar-pegged stablecoin named RLUSD, aiming to carve a niche in the $172 billion stablecoin sector, which is currently dominated by Tether’s USDT.
In a post on X dated October 17, Ripple CEO Brad Garlinghouse announced that RLUSD has been under development for a year and is expected to establish itself as “the gold standard for enterprise-grade stablecoins, built on trust, liquidity, and compliance.”
The project is being shaped by Ripple’s exchange partners, market makers, and an advisory board that includes firms like BitStamp, Uphold, Bullish, Bitso, Moonpay, CoinMENA, and Independent Reserve
Jonathan Mann, the creator behind the long-running “Song A Day” project, has turned his crypto misfortune into a musical cautionary tale.
Elon Musk’s financial standing has taken a major hit, with his net worth shrinking by $70 billion since his public fallout with Donald Trump.
UBS analyst Brian Meredith has revised his outlook on Berkshire Hathaway’s Class B shares, trimming the price target from $606 to $591, while maintaining a “buy” rating.
In a move not seen in decades, the U.S. Treasury Department has initiated a historic $10 billion bond buyback—its largest ever—targeting securities set to mature between mid-2025 and mid-2027.