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Blockchain

XRP Still Powers Ripple Despite RLUSD Launch


Crypto analyst Jungle Inc. recently shared his insights on Ripple’s new stablecoin, RLUSD, and its connection to XRP. He clarifies that RLUSD is not here to replace XRP but to complement it, offering new functionality for institutions, while XRP remains central to the ecosystem.

RLUSD: A Stable Fiat Bridge, Not a Replacement for XRP

According to him, RLUSD is not a replacement for XRP. It’s designed to act as a fiat bridge—helping banks and enterprises tap into blockchain tech without dealing with XRP’s price volatility. RLUSD is already live…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link