• bitcoinBitcoin (BTC) $ 96,548.00
  • ethereumEthereum (ETH) $ 2,682.08
  • xrpXRP (XRP) $ 2.55
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 675.34
  • solanaSolana (SOL) $ 195.82
  • usd-coinUSDC (USDC) $ 0.999904
  • dogecoinDogecoin (DOGE) $ 0.262486
  • cardanoCardano (ADA) $ 0.800700
  • staked-etherLido Staked Ether (STETH) $ 2,680.95
  • tronTRON (TRX) $ 0.235631
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 96,471.00
  • chainlinkChainlink (LINK) $ 18.58
  • suiSui (SUI) $ 3.45
  • wrapped-stethWrapped stETH (WSTETH) $ 3,194.71
  • avalanche-2Avalanche (AVAX) $ 25.54
  • stellarStellar (XLM) $ 0.336282
  • litecoinLitecoin (LTC) $ 127.45
  • shiba-inuShiba Inu (SHIB) $ 0.000016
  • the-open-networkToncoin (TON) $ 3.75
  • leo-tokenLEO Token (LEO) $ 9.77
  • hyperliquidHyperliquid (HYPE) $ 26.17
  • usdsUSDS (USDS) $ 1.00
  • hedera-hashgraphHedera (HBAR) $ 0.224810
  • wethWETH (WETH) $ 2,680.99
  • polkadotPolkadot (DOT) $ 5.13
  • bitget-tokenBitget Token (BGB) $ 5.66
  • bitcoin-cashBitcoin Cash (BCH) $ 336.85
  • ethena-usdeEthena USDe (USDE) $ 0.999952
  • uniswapUniswap (UNI) $ 9.86
  • mantra-daoMANTRA (OM) $ 5.71
  • wrapped-eethWrapped eETH (WEETH) $ 2,840.08
  • ondo-financeOndo (ONDO) $ 1.32
  • moneroMonero (XMR) $ 225.78
  • pepePepe (PEPE) $ 0.000010
  • nearNEAR Protocol (NEAR) $ 3.36
  • whitebitWhiteBIT Coin (WBT) $ 27.09
  • aaveAave (AAVE) $ 255.03
  • aptosAptos (APT) $ 6.12
  • mantleMantle (MNT) $ 1.04
  • daiDai (DAI) $ 0.999942
  • internet-computerInternet Computer (ICP) $ 7.17
  • susdssUSDS (SUSDS) $ 1.04
  • bittensorBittensor (TAO) $ 384.70
  • official-trumpOfficial Trump (TRUMP) $ 16.06
  • ethereum-classicEthereum Classic (ETC) $ 21.12
  • okbOKB (OKB) $ 51.55
  • gatechain-tokenGate (GT) $ 23.30
  • vechainVeChain (VET) $ 0.034485
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.318167
  • kaspaKaspa (KAS) $ 0.102341
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 96,578.00
  • crypto-com-chainCronos (CRO) $ 0.091152
  • algorandAlgorand (ALGO) $ 0.291998
  • tokenize-xchangeTokenize Xchange (TKX) $ 29.39
  • render-tokenRender (RENDER) $ 4.53
  • jupiter-exchange-solanaJupiter (JUP) $ 0.870505
  • cosmosCosmos Hub (ATOM) $ 5.00
  • filecoinFilecoin (FIL) $ 3.42
  • arbitrumArbitrum (ARB) $ 0.487197
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998886
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.778586
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 96,619.00
  • sonic-3Sonic (prev. FTM) (S) $ 0.535567
  • fasttokenFasttoken (FTN) $ 3.94
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,670.03
  • celestiaCelestia (TIA) $ 3.07
  • binance-staked-solBinance Staked SOL (BNSOL) $ 202.40
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,773.67
  • lido-daoLido DAO (LDO) $ 1.71
  • optimismOptimism (OP) $ 1.12
  • raydiumRaydium (RAY) $ 5.21
  • kucoin-sharesKuCoin (KCS) $ 12.13
  • injective-protocolInjective (INJ) $ 15.08
  • xdce-crowd-saleXDC Network (XDC) $ 0.093984
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 96,060.00
  • blockstackStacks (STX) $ 0.955695
  • ethenaEthena (ENA) $ 0.449831
  • immutable-xImmutable (IMX) $ 0.799646
  • theta-tokenTheta Network (THETA) $ 1.38
  • bonkBonk (BONK) $ 0.000018
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,006.83
  • the-graphThe Graph (GRT) $ 0.140480
  • nexoNEXO (NEXO) $ 1.33
  • quant-networkQuant (QNT) $ 91.50
  • movementMovement (MOVE) $ 0.549449
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,831.95
  • worldcoin-wldWorldcoin (WLD) $ 1.22
  • flare-networksFlare (FLR) $ 0.020991
  • usual-usdUsual USD (USD0) $ 0.997522
  • jasmycoinJasmyCoin (JASMY) $ 0.022136
  • sei-networkSei (SEI) $ 0.234453
  • dexeDeXe (DEXE) $ 17.82
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 95,669.00
  • galaGALA (GALA) $ 0.023235
  • msolMarinade Staked SOL (MSOL) $ 247.33
  • eosEOS (EOS) $ 0.643782
  • the-sandboxThe Sandbox (SAND) $ 0.395808
  • flokiFLOKI (FLOKI) $ 0.000097
  • tezosTezos (XTZ) $ 0.895236
  • jito-governance-tokenJito (JTO) $ 3.10
  • ethereum-name-serviceEthereum Name Service (ENS) $ 26.73
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,778.19
  • bittorrentBitTorrent (BTT) $ 0.00000087
  • iotaIOTA (IOTA) $ 0.236858
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.29
  • wbnbWrapped BNB (WBNB) $ 672.65
  • makerMaker (MKR) $ 988.71
  • ultimaUltima (ULTIMA) $ 19,251.14
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.82
  • flowFlow (FLOW) $ 0.524004
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 212.45
  • neoNEO (NEO) $ 11.36
  • bitcoin-svBitcoin SV (BSV) $ 39.71
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 96,363.00
  • kaiaKaia (KAIA) $ 0.132170
  • roninRonin (RON) $ 1.23
  • chain-2Onyxcoin (XCN) $ 0.023112
  • pyth-networkPyth Network (PYTH) $ 0.205651
  • usddUSDD (USDD) $ 1.00
  • tether-goldTether Gold (XAUT) $ 2,928.16
  • axie-infinityAxie Infinity (AXS) $ 4.39
  • heliumHelium (HNT) $ 3.88
  • spx6900SPX6900 (SPX) $ 0.739458
  • curve-dao-tokenCurve DAO (CRV) $ 0.527538
  • telcoinTelcoin (TEL) $ 0.008657
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.261341
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,829.93
  • elrond-erd-2MultiversX (EGLD) $ 23.20
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.010240
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,684.34
  • fraxFrax (FRAX) $ 0.996370
  • usdx-money-usdxusdx.money USDX (USDX) $ 0.995691
  • paypal-usdPayPal USD (PYUSD) $ 0.999939
  • aerodrome-financeAerodrome Finance (AERO) $ 0.805356
  • decentralandDecentraland (MANA) $ 0.330405
  • pax-goldPAX Gold (PAXG) $ 2,947.92
  • starknetStarknet (STRK) $ 0.233827
  • berachain-beraBerachain (BERA) $ 5.58
  • beam-2Beam (BEAM) $ 0.011296
  • arweaveArweave (AR) $ 9.07
  • dogwifcoindogwifhat (WIF) $ 0.593555
  • conflux-tokenConflux (CFX) $ 0.118559
  • matic-networkPolygon (MATIC) $ 0.317948
  • dydx-chaindYdX (DYDX) $ 0.780224
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,675.51
  • resolv-usrResolv USR (USR) $ 1.00
  • chilizChiliz (CHZ) $ 0.060542
  • pumpbtcpumpBTC (PUMPBTC) $ 93,955.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,680.90
  • pendlePendle (PENDLE) $ 3.39
  • meowMEOW (MEOW) $ 0.006082
  • apecoinApeCoin (APE) $ 0.733672
  • ecasheCash (XEC) $ 0.000027
  • insurance-2INSURANCE (INSURANCE) $ 28.13
  • zcashZcash (ZEC) $ 33.05
  • beldexBeldex (BDX) $ 0.075063
  • wormholeWormhole (W) $ 0.179861
  • kavaKava (KAVA) $ 0.475328
  • thorchainTHORChain (RUNE) $ 1.45
  • compound-governance-tokenCompound (COMP) $ 56.57
  • coredaoorgCore (CORE) $ 0.538224
  • ai16zai16z (AI16Z) $ 0.454427
  • aioz-networkAIOZ Network (AIOZ) $ 0.434624
  • true-usdTrueUSD (TUSD) $ 0.998185
  • amp-tokenAmp (AMP) $ 0.005809
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 96,486.00
  • story-2Story (IP) $ 1.95
  • clbtcclBTC (CLBTC) $ 96,918.00
  • fartcoinFartcoin (FARTCOIN) $ 0.485102
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008747
  • newton-projectAB DAO (AB) $ 0.010707
  • akash-networkAkash Network (AKT) $ 1.90
  • morphoMorpho (MORPHO) $ 2.03
  • gnosisGnosis (GNO) $ 173.85
  • tbtctBTC (TBTC) $ 96,387.00
  • chex-tokenCHEX Token (CHEX) $ 0.444611
  • apenftAPENFT (NFT) $ 0.00000044
  • quantixaiQuantixAI (QAI) $ 84.42
  • mina-protocolMina Protocol (MINA) $ 0.355658
  • axelarAxelar (AXL) $ 0.470774
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000078
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 2,660.29
  • based-brettBrett (BRETT) $ 0.043045
  • olympusOlympus (OHM) $ 25.84
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999654
  • eigenlayerEigenlayer (EIGEN) $ 1.70
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • usdbUSDB (USDB) $ 0.998614
  • super-oethSuper OETH (SUPEROETHB) $ 2,681.01
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • deepDeepBook (DEEP) $ 0.161859
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,923.55
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.963016
  • zksyncZKsync (ZK) $ 0.107861
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,681.38
  • verus-coinVerus (VRSC) $ 4.91
  • echelon-primeEchelon Prime (PRIME) $ 7.03
  • 1inch1inch (1INCH) $ 0.273854
  • grassGrass (GRASS) $ 1.57

CBDC Ban: New Opportunities for Ripple’s RLUSD & Other Stablecoins?

CBDC Ban: New Opportunities for Ripple's RLUSD & Other Stablecoins?

President Donald Trump, who is also being referred as ‘Crypto President”, signed an executive order yesterday that prohibits federal agencies from establishing, issuing, or even promoting central bank digital currencies (CBDCs). With this order now being passed, this move will have a significant impact on the decentralized alternatives as more opportunities will come up for the the decentralized stablecoins, and the main focus currently has been on Ripple’s RLUSD, which is pegged to the U.S. dollar.

CBDC Ban: New Opportunities for Ripple's RLUSD & Other Stablecoins?

U.S. bans issuance, circulations, and use of CBDC, Ripple’s RLUSD to flourish?

Ripple’s RLUSD To Take The Lead?

Ripple’s RLUSD, a decentralized stablecoin operating on the XRP Ledger, might significantly benefit from the ban of the CBDCs. Since RLUSD is not controlled by a central authority, it makes the picture transparent and user-driven alternative for digital transactions.

The main aim for restricting use of CBDC was to limit centralized control over digital currencies so that it aligns with the fundamental principles of the decentralized blockchain.

With Ripple’s established network, expertise in the cross-border payment section, RLUSD is ready for a widespread adoption after the CBDC ban. Moreover, Ripple is committed to regulatory compliance and technical innovation which gives RLUSD a competitive edge when compared with the other stablecoins such as USDT, USDC, BUSD, DAI and PAX.

As a stablecoin pegged to the U.S. dollar, RLUSD offers the same reliability and value stability that user usually seek in fiat-backed digital currencies. All of this without the interference of the government and control that comes in with CBDCs.

Why RLUSD?

With Ripple’s robust technology and its inclusion within the financial sector, RLUSD is set to provide a seamless cross-border payments and remittances, in absence of CBDCs, which will in turn increase the utility and appeal of the stablecoin.

The ban of the CBDCs is said to bring in more innovation in the private sector because in this digital age, businesses and individuals usually look for for alternatives of the digital fiat. Ripple’s RLUSD with its defined framework, low transaction cost, and quick transaction time, could become a preferred choice for people looking for decentralized yet regulated digital asset.

Also Read: Semler Scientific To Raise $75 Million to Fuel Bitcoin Growth

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