Ripple

With the aggregate valuation of the top five stablecoins currently amounting to approximately $120 billion, stablecoins have become major holders of US Treasuries.

The Palau Stablecoin, or “Kluk,” will be minted on XRP Ledger using the Ripple CBDC Platform and will be distributed first to government employees.

Catching up on a mere 11 days' worth of news.

Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill.

Ripple’s XRP offerings are unique, and the wider applications of the court’s ruling are difficult to determine, the report said.

Open interest on XRP-based futures contracts crossed the $1.1 billion mark in the past 24 hours.

Ripple scored a partial victory in its fight with the SEC last week with a court ruling that institutional sales of the tokens violated federal securities laws, but sales on exchanges and programmatic sales did not.

Wall Street banks including J.P. Morgan also saw the ruling as a positive outcome for the crypto exchange.

The company's partial victory in court is a watershed moment for the crypto regulatory fight, ConsenSys Director of Global Regulatory Matters Bill Hughes argues.

Coinbase and Binance have a new precedent to cite in court – if the decision survives potential appeal. That’s no sure thing, lawyers said.