Close Menu
Cryprovideos
    What's Hot

    Sei Labs Proposes Full Transition to EVM-Solely Structure with SIP-3

    May 9, 2025

    $LTC in a Limbo: Is Litecoin Quietly Gearing Up for a Breakout? – BlockNews

    May 9, 2025

    Bitcoin Poised for Remaining Parabolic Surge, Says Analyst Amid Financial Weak spot

    May 9, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Altcoins»XRP Defies Crypto Market Cool Down and Surges by Extra Than 10% Amid New XRPL Stablecoin Announcement – The Each day Hodl
    XRP Defies Crypto Market Cool Down and Surges by Extra Than 10% Amid New XRPL Stablecoin Announcement – The Each day Hodl
    Altcoins

    XRP Defies Crypto Market Cool Down and Surges by Extra Than 10% Amid New XRPL Stablecoin Announcement – The Each day Hodl

    By Crypto EditorNovember 17, 2024No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The funds altcoin XRP defied a short crypto market cooldown and surged by greater than 15% in 24 hours to shut out Friday.

    The asset’s good points materialized after the French financial institution Societe Generale (SocGen) introduced a plan to deploy its euro-pegged stablecoin, the EUR CoinVertible (EURCV), on the XRP Ledger (XRPL).

    The multinational financial institution launched the EURCV on the Luxembourg-based crypto change platform Bitstamp final yr. The stablecoin first deployed on Ethereum (ETH). Months later, the financial institution introduced plans to launch it on Solana (SOL).

    The euro-pegged crypto asset is compliant with the European Union’s Markets in Crypto-Belongings Regulation (MiCA). MiCA gives guidelines masking the supervision, shopper safety and environmental safeguards of crypto property. The laws contains measures that intention to cut back monetary crimes together with market manipulation, cash laundering and terrorist financing.

    Guillaume Chatain, chief income officer at Societe Generale-FORGE, the financial institution’s digital property unit, says the XRP Ledger is the “superb platform” so as to add to their current deployments.

    “Our determination to launch this stablecoin on this blockchain was pushed by our want to supply next-generation, compliant digital property that promote transparency, safety, and scalability.”

    XRP is buying and selling at $0.892 at time of writing and is up about 60% prior to now week.

    Do not Miss a Beat – Subscribe to get electronic mail alerts delivered on to your inbox

    Test Value Motion

    Comply with us on X, Fb and Telegram

    Surf The Each day Hodl Combine

    &nbsp

    XRP Defies Crypto Market Cool Down and Surges by Extra Than 10% Amid New XRPL Stablecoin Announcement – The Each day Hodl

    Disclaimer: Opinions expressed at The Each day Hodl will not be funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any losses you might incur are your duty. The Each day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please notice that The Each day Hodl participates in internet affiliate marketing.

    Generated Picture: Midjourney





    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Btc Above 100k Alerts A Sizzling Market, Finest Meme Coin To Purchase Now For X100 Returns, Pepe, Shiba, Or Pepeto?

    May 9, 2025

    Binance's CZ Provides Key Recommendation to Bitcoin Panic-Sellers

    May 9, 2025

    Coinbase To Purchase Bitcoin And Crypto Choices Platform Deribit For $2.9B

    May 9, 2025

    EOS Jumps 20% Earlier than Vaulta Rebranding, Signaling Good Occasions for Crypto Presales Like Solaxy

    May 9, 2025
    Latest Posts

    Bitcoin Poised for Remaining Parabolic Surge, Says Analyst Amid Financial Weak spot

    May 9, 2025

    Btc Above 100k Alerts A Sizzling Market, Finest Meme Coin To Purchase Now For X100 Returns, Pepe, Shiba, Or Pepeto?

    May 9, 2025

    Bitcoin Derivatives In The Driver's Seat For $100,000 Rally, Knowledge Reveals

    May 9, 2025

    Binance's CZ Provides Key Recommendation to Bitcoin Panic-Sellers

    May 9, 2025

    Riot Platforms Reviews April 2025 Bitcoin Manufacturing Decline

    May 9, 2025

    Coinbase To Purchase Bitcoin And Crypto Choices Platform Deribit For $2.9B

    May 9, 2025

    How excessive can Bitcoin worth go?

    May 9, 2025

    Virtuals Protocol (VIRTUAL) Hits 3-Month Excessive as Bitcoin’s $100,000 Rally Fuels Altcoin Surge

    May 9, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Tigran Gambaryan claims Nigerian officers focused Binance to distract from financial scandals

    February 12, 2025

    Ripple's XRP Bid for US Crypto Reserve Sparks Heated Debate

    January 24, 2025

    New Proof Reveals Extent of South Korean Official’s Crypto Funding Fraud – Decrypt

    March 12, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.