CoinDesk

Ripple Backs RLUSD Credit Fund Amid XRP's Best Week in Months

August 21, 2026•02:29 AM

Ripple, the cryptocurrency giant, has announced support for an RLUSD credit fund, marking a pivotal moment during XRP's best week in months. This partnership with Clearpool and Cicada Partners aims to develop an institutional lending product using RLUSD, a stablecoin built on the XRP Ledger, while the underlying blockchain features are still awaiting activation.

This strategic move strengthens the XRP Ledger ecosystem and positions RLUSD as a robust solution for institutional lending. Despite the underlying features not yet being active, Ripple's support signals confidence in the stablecoin's potential and could drive further adoption in the decentralized finance market, particularly during this period of strong XRP performance.

While the fundamental XRP Ledger features supporting RLUSD are still awaiting activation, Ripple's support indicates strong confidence in the project. This partnership represents a significant step toward integrating stablecoins into institutional financial products within the XRP ecosystem. The market is closely watching how this initiative will develop and its potential impact on XRP's value and adoption, especially considering the cryptocurrency's current positive momentum.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

Read Full Article at CoinDesk

⚡

Support Jornal Bitcoin

Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.

Wallet of Satoshi

jonata@walletofsatoshi.com

Daily Crypto Brief 📬

Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.

Join more than 10,000 smart readers.

Related News

The Daily Hodl★ Featured

U.S. Debt Soars to $40 Trillion as Trump Brushes Off Bond Market Fears

U.S. public debt has soared to an unprecedented $40 trillion, marking a historic milestone as President Trump dismisses growing concerns from the bond market. The American government continues to borrow at record levels, ignoring warnings from financial analysts about potential consequences for the global economy and financial stability.

This alarming debt milestone comes as Trump insists interest rates should naturally decline in a strong economy, a position that conflicts with traditional economic principles. Experts warn that this unsustainable trajectory could lead to financial instability, inflation, and dollar depreciation, directly impacting cryptocurrency investors and digital asset holders seeking protection against traditional currency devaluation.

04:04 AMRead Brief →

CryptoPotato

Finassets Revolutionizes Business Payments with USDC on Solana's Lightning-Fast Network

Finassets.io has just disrupted the B2B crypto payment landscape by integrating USDC (SOL) support into its Back Office platform, giving merchants access to one of the fastest and most cost-effective stablecoin payment networks available today. This strategic move positions Finassets as a forward-thinking payment infrastructure provider in the rapidly evolving digital economy.

The integration with Solana's blockchain technology addresses critical pain points for businesses accepting cryptocurrency payments, particularly concerning transaction speed and fees. By leveraging Solana's high throughput and minimal costs for USDC settlements, Finassets is enabling merchants to process payments more efficiently than ever before. This development comes as institutional adoption of stablecoins continues to accelerate, with USDC emerging as a preferred digital dollar for cross-border transactions and business operations.

04:11 AMRead Brief →

Crypto Briefing

Hyperliquid Fee Revenue Explodes 31% in August as HYPE Price Surges Amid Market Optimism

Crypto Briefing reports reveal Hyperliquid's fee revenue surged 31% in August, driving a significant appreciation of the HYPE token. This exponential growth demonstrates mounting confidence in the decentralized finance (DeFi) platform and signals a potential inflection point for the sector.

Hyperliquid's impressive performance comes amid broad market optimism in the crypto space, with investors increasingly confident in DeFi's potential. This revenue surge not only strengthens Hyperliquid's position as a dominant player in the DeFi landscape but could also catalyze innovations across the ecosystem, attracting new participants and capital to the sector.

03:49 AMRead Brief →

CoinDesk★

Bitcoin, Ether ETFs Surge with $800M Inflows as Institutional Money Flocks In

Spot Bitcoin and Ether ETFs pulled in a combined $800 million over two days, with Bitcoin funds attracting $606 million and Ether funds $221 million on August 20 alone, marking back-to-back days of significant inflows. This surge confirms robust institutional demand behind Bitcoin's recent price rally and signals growing confidence in digital assets among traditional financial players. The consecutive days of positive inflows represent a watershed moment for crypto spot ETFs, which have consistently attracted institutional capital since their launch. Market analysts suggest this trend of sustained capital inflows could further propel Bitcoin and Ether prices, as institutional investors increasingly view digital assets as legitimate components of diversified portfolios, potentially accelerating mainstream adoption of cryptocurrencies.

03:43 AMRead Brief →

Bitcoinist

Binance Dumps 7 Spot Trading Pairs Including SUI and LTC Markets

Binance, the world's largest cryptocurrency exchange, has announced the removal of seven spot trading pairs, including SUI and LTC markets. This significant move directly impacts traders who used these pairs for buying and selling operations, causing immediate effects on liquidity and value of these cryptocurrencies. The decision reflects a growing trend among cryptocurrency exchanges refining their listings to focus on assets with higher volume and liquidity. With this action, the platform aims to optimize its trading offering and reduce complexity, while affected projects face challenges in visibility and market access.

03:30 AMRead Brief →

Bitcoin.com

Injective Gets SEC Transfer Agent Status, Expanding Tokenization Push

Injective has achieved a significant regulatory milestone by registering its institutional services arm as a transfer agent with the SEC (U.S. Securities and Exchange Commission). This strategic move grants the blockchain a regulated function for securities, strengthening its position in the burgeoning digital asset tokenization market and signaling growing institutional acceptance of blockchain technology for traditional financial instruments.

The development adds a crucial compliance layer to Injective's expanding push into tokenized equities, private-company shares, and trade finance. With this status, Injective is now targeting four asset classes, solidifying its trajectory as a regulated blockchain platform and opening new avenues for financial institutions seeking exposure to traditional assets through compliant digital solutions.

03:30 AMRead Brief →