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Ripple Price Forecast: XRP bulls tighten grip as Ripple selects BNY for RLUSD stablecoin reserves
Ripple’s (XRP) price is bullish, rising over 2% to exchange hands at around $2.35 at the time of writing. This increase in the price of XRP comes amid growing macroeconomic uncertainty, triggered by United States (US) President Donald Trump expanding the scope of his potential tariffs to include copper and pharmaceuticals. Ripple, the issuer of XRP, has announced the selection of the Bank of New York (BNY), a renowned global service institution, as the primary custodian for its enterprise-grade Ripple USD (RLUSD) stablecoin reserves. According to the announcement via a blog post, RLUSD stands out from other ... (full story)
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From cnbc.com|Jul 9, 2025Bank of New York Mellon will be the primary custodian for the Ripple’s U.S. dollar-pegged stablecoin reserves going forward, the two companies said Wednesday. The partnership ...
From @zerohedge|Jul 9, 2025|1 comment*TRUMP TO IMPOSE 20% TARIFF ON GOODS FROM PHILIPPINES *TRUMP TO IMPOSE 20% TARIFF ON PHILIPPINES GOODS *TRUMP TO IMPOSE 25% TARIFF ON GOODS FROM BRUNEI *TRUMP TO IMPOSE 30% TARIFF ON GOODS FROM ALGERIA *TRUMP TO IMPOSE 30% TARIFF ON GOODS FROM LIBYA *TRUMP: IRAQ GOODS GET 30% TARIFF Trump Imposes 25% Tariff On Moldovan Goods
From bnnbloomberg.ca|Jul 9, 2025|1 commentThe minutes from the U.S. Federal Reserve’s June 17-18 policy meeting are expected on Wednesday to show a divided central bank wrestling with the expected economic impact of ...
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From sec.gov|Jul 9, 2025Blockchain technology has unlocked novel models for distributing and trading securities in a “tokenized” format. Tokenization may facilitate capital formation and enhance ...
From cnbc.com|Jul 9, 2025|6 commentsIf leading the Federal Reserve isn’t challenging enough, the next central bank chair faces an additional burden: credibility issues now that President Donald Trump has stepped up ...
From @financialjuice|Jul 9, 2025|4 commentsTrump: I will have more tariff letters coming out today. Trump: The tariff formula is based on common sense. Trump: Brazil number will come out later today or tomorrow morning. Brazil has not been good to us.
