U.Today – Here are the top 3 news articles provided by U.Today.
USD (RLUSD) release date finally revealed
After a long wait, the XRP community has finally announced the launch date for Ripple’s stablecoin, Ripple USD (RLUSD). The stablecoin is scheduled to launch today, December 17th, according to an official announcement from the San Francisco-based blockchain company. RLUSD will soon be available on major crypto exchanges such as Uphold, Bitso, and MoonPay. As reported by U.Today, the long-awaited stablecoin was approved by the New York State Department of Financial Services (NYDFS) last week. Ripple President Monica Long wrote in a recent X post that the release of RLUSD marks a “new chapter” for both the XRP ledger and Ripple. David Schwartz, another top Ripple executive, cautioned against speculation about stablecoin prices, stressing that supply will soon stabilize.
Update: Ripple’s official X account has shared that RLUSD is live on global exchanges.
Satoshi is trying to surpass Bill Gates
Satoshi Nakamoto, the mysterious founder of the flagship cryptocurrency, has emerged as the 16th richest individual in the world, surpassing Bloomberg LP co-founder Michael Bloomberg, with an estimated net worth of $106 billion, taking into account recent price increases did. Potentially on track to surpass Bill Gates in wealth. As reported by U.Today yesterday, Bitcoin reached an all-time high of $106,533, and at the time of writing, the price has risen even higher to $107,616. However, it is unclear whether Satoshi is alone or in a group, so the determination of Satoshi's wealth ranking remains uncertain. Furthermore, recent data from Chainaries shows that Satoshi's holdings are approximately 1.124 million BTC, although this number may not include all associated wallets.
20,035,968 SHIBs set on fire in 24 hours — what's going on?
Data from the Shibburn tracking platform shows that over the past 24 hours, the SHIB community has removed a large amount of SHIB tokens from circulation. During this period, the burn rate increased by almost 2,000%, with a total of 20,035,968 SHIB burned. The largest transaction here burned more than half that amount, 11,196,225 SHIB. This is the second largest transfer after spending 8,804,670 SHIB. The weekly burn statistics show that a total of 175,061,914 SHIB were burnt over the past week, an impressive decrease of 92.69% compared to the daily figures. Despite Bitcoin's recent rise to all-time highs, Shiba Inu's price has remained largely unaffected. According to CoinMarketCap, at the time of writing, the SHIB token is trading at $0.00002723, up 1.51% in the past 24 hours.
This article was originally published on U.Today
