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Ripple’s RLUSD Launches as Japan’s First Regulated Foreign Stablecoin

Ripple has officially launched its dollar-backed stablecoin Ripple USD (RLUSD) in Japan, marking a significant milestone for both the company and the country’s evolving digital asset landscape. The rollout, conducted in partnership with SBI Holdings and its subsidiary SBI VC Trade, makes RLUSD the first foreign-issued stablecoin to receive regulatory approval under Japan’s updated payment…

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Multicoin Capital backs $319 HYPE target despite major risk warnings

Multicoin Capital has projected that Hyperliquid’s HYPE token could reach $319 by 2028 despite identifying several structural and market risks that could threaten its long-term outlook. Summary Multicoin Capital has forecast a $319 HYPE price by 2028, citing Hyperliquid’s earnings growth and expanding market share. The firm pointed to HIP-3, token buybacks, and rising perpetual…

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Grayscale Points to Top 15 Crypto Revenue Protocols Trading Cheap as CLARITY Act Nears

Key Takeaways Grayscale said many revenue-producing crypto protocols are trading at low multiples relative to their trailing revenue. Financial applications dominate the highest-revenue protocols. The crypto asset manager said the CLARITY Act could support tokenized assets and on-chain finance. Revenue Rankings Highlight Low Valuation Multiples Ahead of CLARITY Act Grayscale Investments said many revenue-generating crypto…

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