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🚨 Ripple OFFICIALLY Launches Ripple Mint for Institutions — Making RLUSD READY for MASS Adoption 🤯🔥 Ripple REVEALED Ripple Mint, a NEW institutional platform that allows BIG BANKS, fintechs, exchanges, and enterprises to ACCESS, MINT, REDEEM, and MANAGE $RLUSD at SCALE. 🫣 This is a MAJOR infrastructure upgrade for...

51,804 görüntüleme • 1 ay önce •via X (Twitter)

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Now that the GENIUS act is in the home stretch, there’s a lot of talk on what stablecoin is compliant. Is it $xrp/ripple/RLUSD? Nope Is it $usdc/circle? Nope Is it $tether? Nope It’s $tel(Telcoin) Telcoin is uniquely well-positioned under the proposed GENIUS Act due to its Digital Asset Bank Charter granted by Nebraska under the Transactions in Digital Assets Act (LB649). This codified state law explicitly authorizes the issuance and management of digital assets, including stablecoins, by chartered entities. Importantly, the GENIUS Act stipulates that only “state-qualified issuers” operating within states that have adopted a formal, legislative framework for digital assets will be eligible to issue compliant stablecoins. Nebraska’s statute clearly meets that federal requirement, giving Telcoin a clear and defensible legal pathway toward national regulatory compliance. In contrast, RLUSD, issued by Standard Custody & Trust and overseen by the New York Department of Financial Services (NYDFS), operates under a regulatory regime based on guidance rather than statute. Although NYDFS published stablecoin guidance in 2022 — mandating 1:1 reserves, auditability, and redemption rights — New York has not enacted a specific stablecoin law. That distinction matters: under the GENIUS Act, regulatory guidance alone may not satisfy federal requirements if it lacks the backing of an enacted state statute. This leaves RLUSD in a gray area of compliance, dependent on whether federal regulators view NYDFS’s oversight as sufficiently robust. The same regulatory uncertainty applies to Circle’s USDC, which is primarily issued under various state money transmitter licenses and a limited-purpose trust charter from NYDFS. Circle has advocated for federal legislation and cooperates with regulators, but like RLUSD, it lacks a foundation in a state statutory framework for digital assets. As with RLUSD, USDC’s path to GENIUS Act compliance hinges on whether its existing regulatory structure will be recognized as equivalent to the Act’s “state-qualified issuer” standard — a significant unknown. In summary, Telcoin’s operations under a legislative charter place it in a stronger position than both RLUSD and USDC under the GENIUS Act. Where others depend on discretionary recognition of regulatory guidance, Telcoin operates on the basis of codified law — a key distinction that could define future leadership in the U.S. stablecoin market.

BZ

31,932 görüntüleme • 1 yıl önce

🚨 Ripple’s Next Big Move Could Be Tokenizing Oil On The XRP Ledger. Ripple’s Middle East & Africa MD Reece Merrick, right after Dubai Land Department’s Phase 2 launched controlled secondary trading of tokenized real estate on XRPL: “This is a massive step for real-world asset adoption in Dubai.” Dubai real estate now trading on-chain, on XRPL. Physical assets at scale in the oil capital of the world? Ripple’s Gulf footprint (verified partnerships only): • UAE → Zand Bank (AEDZ stablecoin + RLUSD custody/liquidity on XRPL rails) + Ctrl Alt/Dubai Land Dept (live real-estate tokenization + Ripple Custody) + DFSA license • Saudi Arabia → MoU with Jeel (Riyad Bank innovation arm) for cross-border payments, custody & RWA tokenization pilots • Bahrain → Strategic partnership with Bahrain Fintech Bay for tokenization PoCs, stablecoins, payments & fintech ecosystem build BlackRock is a major player and Larry Fink said that Tokenization is going to be the next big thing. At the same time, when asked about XRP, he said, “I can’t talk about it right now” and smirked. Ripple is the only crypto company that has entered the repo and mortgage market, and XRP/XRP ETF could be used as collateral in the markets in the near future. Also: UAE & India already executed a landmark crude oil trade settled entirely in local AED + INR currencies with RippleNet using XRP Ledger. Oil is the Gulf’s biggest physical asset. The infrastructure is already live. Next move? 👀⛽

Stellar Rippler🚀

35,856 görüntüleme • 5 ay önce

A traveler taps her card at a market thousands of miles from home. The payment feels instant, simple, straightforward. It’s not. Behind that tap, money may need to move across currencies, banks, payment providers, and borders. Traditional systems often require companies to park funds in local accounts before they are needed, leaving capital stagnant for long periods of time where it’s not able to earn a return or be put to work. Members of the Avalanche Payments Collective are building a more efficient global payments model, one that keeps capital productive up until the moment it needs to move. Here are five members working across different parts of cross-border payments and treasury infrastructure: Axiym provides payment and treasury infrastructure that helps institutions route liquidity and settle transactions without pre-funding every market. Its technology supported Hyundai Motor America’s stablecoin payment to its Mexico affiliate, completed on Avalanche in minutes instead of days. Nonco helps institutions exchange currencies and stablecoins by requesting prices directly from a network of professional liquidity providers. That gives them access to more competitive rates while allowing both sides of the transaction to settle together onchain. SMBC, Japan’s second-largest bank, is exploring stablecoin infrastructure for wholesale institutional payments. It is also working alongside MUFG and Mizuho on a potential yen-pegged stablecoin initiative built on Avalanche. StraitsX is working with KBank through Project BLOOM to develop payment infrastructure that can improve settlement across Southeast Asian corridors where moving money remains particularly slow and expensive. AeraTech helps multinational companies manage cash across subsidiaries, offset internal obligations, and settle inter-company payments without unnecessarily routing every transaction through external banks. These different companies all represent or engage with different parts of the payment and treasury stack. But they all have a shared goal: keep capital working longer, move it when it is needed, and make cross-border payments faster and more efficient. That is what the Avalanche Payments Collective is bringing together. Frictionless, borderless payments that really are instant, simple, and straightforward.

Avalanche🔺

48,078 görüntüleme • 1 ay önce