Ripple’s anticipated purchase of a U.S. bank license is generating all kinds of high hopes in the crypto world. This could be a great advance to provide further support for projects such as $RLUSD. The approval would potentially allow Ripple to hold its own reserves with the Federal Reserve. This...
The crypto world is buzzing. Ripple wants to be a bank. A real bank. And right in their wake are Circle, the USDC folks. Perhaps most importantly though, is this the glorious dawn of crypto legitimacy we’ve been waiting for or a capitulation to the establishment? To be sure, arguably,...
The international Bank for International Settlements (BIS) has been closely tracking the stability risks posed by decentralized finance (DeFi) and crypto assets. Their connection with traditional finance (TradFi) is quickly becoming a make-or-break factor. The BIS has identified four key transmission channels through which these risks could materialize, warranting a...
