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Ripple and Bitso Expand Stablecoin Settlement on XRP Ledger

Key Takeaways Ripple and Bitso are using MXNB alongside RLUSD for cross-border settlement. The infrastructure is designed to improve access to regulated peso and dollar liquidity. XRP Ledger infrastructure may deepen stablecoin use across Latin American payment corridors. XRP Ledger Deal Pushes Stablecoins Deeper Into US-Mexico Settlement Cross-border payments are becoming a major test case…

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US moves seized Alameda funds to Coinbase Prime

The US government has transferred nearly $984,000 in cryptocurrency linked to Alameda Research and FTX. The US transferred nearly $984K in seized FTX and Alameda-linked crypto. About $768K of the funds moved to Coinbase Prime, according to Arkham data. Arkham data shows US government crypto holdings total about $20.93B. Blockchain data shows that most of…

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Crypto News Today (June 11): BTC Shoots Back Above $62K, Kalshi Adds XRP Futures and Tom Lee Takes 3 Day ETH Buying Spree to $206M

In today’s crypto news (June 10), Bitcoin surged +2% overnight, beginning this morning’s European session at $62,600. This bullish move for BTC caught many traders off guard, with $70M of the $120M in Bitcoin liquidations over the past 24 hours being from short positions. Of the other major caps, XMR and RAIN are two of…

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