6h ago
Ripple's RLUSD Stablecoin Gains Mastercard, Webster Bank, and Gemini as Partners
Ripple has formed strategic partnerships with Mastercard, Webster Bank, and Gemini to integrate its RLUSD stablecoin into traditional payment infrastructure, the company announced. The stablecoin operates on XRP Ledger and Ethereum, enabling direct fiat-to-crypto conversions with regulatory compliance through FDIC-backed banking. RLUSD facilitates cross-border transfers in under one second at costs below SWIFT fees, with minted supply exceeding $50 million within weeks of regulatory approval.
6h ago
11-1
Japan Launches 4.5 MW Bitcoin Mining Pilot to Utilize Excess Renewable Energy
Japan has activated its first government-linked Bitcoin mining facility, deploying 4.5 megawatts of Canaan Avalon mining rigs to absorb surplus solar and wind power from a regional utility. The system dynamically adjusts hashing capacity in response to grid conditions, stabilizing loads and eliminating renewable curtailment. Industry analysts suggest the unnamed operator is likely Tokyo Electric Power Company, which has previously conducted similar trials.
11-1