Latest news with #XRPledger
Crypto Insight
13-06-2025
- Business
- Crypto Insight
USDC stablecoin launches on XRP Ledger
Circle's USDC stablecoin launched on the XRP Ledger (XRPL) on Thursday, bringing the overcollateralized dollar-pegged token to users of the layer-1 blockchain network. According to an announcement from Ripple, the launch of USDC on the platform will enable investors to use XRP as a bridge currency to transfer their stablecoins between decentralized exchanges (DEXs) through an auto-bridging feature. Markus Infanger, the senior vice president of RippleX added: 'Stablecoins are key entry points connecting traditional financial markets with the crypto space — essential for use cases focused on utility rather than speculation.' Support for USDC on the XRPL comes amid a concerted push to establish comprehensive stablecoin regulations in the United States, as the sector swells to over $237 billion in market capitalization with geo-strategic and macroeconomic implications. Stablecoins become the focal point of protecting US dollar salability Overcollateralized stablecoin issuers purchase short-term US Treasury bills to back their digital fiat tokens, collecting the yield from these government securities as profit. A growing number of US lawmakers and officials view stablecoins as a way to mitigate de-dollarization by foreign countries offloading US government debt due to concerns over the creditworthiness of the US government and the declining value of the US dollar. As sovereign powers dump US debt instruments, bond yields spike as investors demand higher interest payments to lend to the government. This, in turn, leads to higher debt service costs for the government, causing the $36 trillion national debt to become even more costly to maintain and further inflating the principal amount owed, creating a vicious cycle of debt monetization to pay back creditors and fund the budget. During the White House Crypto Summit on March 7, US Treasury Secretary Scott Bessent promised to prioritize stablecoin development to protect US dollar hegemony by leveraging the demand for stablecoins to increase the salability of the US dollar globally. However, critics of the fiat system like Bitcoin advocate Max Keiser say the plan to shore up declining demand for the US dollar with stablecoins will only delay the inevitable collapse of the dollar but will not save it. Stable tokens backed by gold will outcompete dollar-pegged stablecoins for several reasons, including gold's high stock-to-flow ratio, which protects its value from rapid inflation and price depreciation, according to Keiser. Source:
Associated Press
07-06-2025
- Business
- Associated Press
Nimanode Launches $NMA Token Presale, Pioneering the First No-Code AI Agent Platform on XRP Ledger
LEEDS, United Kingdom, June 07, 2025 (GLOBE NEWSWIRE) -- Nimanode, a pioneering protocol building AI-driven autonomous agents on the XRP Ledger (XRPL), has officially launched the presale of its native utility token, $NMA. As the first no-code AI agent builder on XRPL, Nimanode empowers users to deploy, customize, and manage intelligent blockchain agents without writing a single line of code. With over 45% of the 90 million $NMA tokens allocated to the presale already in motion, Nimanode is attracting early interest from both individual investors and large XRP holders who recognize the platform's potential to transform automation within decentralized ecosystems. $NMA Token Presale Bringing Agentic Automation to the XRP Ledger Nimanode aims to reshape how work is executed on-chain by enabling autonomous agents—AI-driven programs capable of completing blockchain tasks on behalf of users. Core features of the protocol include: 'The $NMA token will serve as the backbone of the Nimanode ecosystem,' said a representative from the Nimanode team. 'From deploying agents to earning through staking and participating in governance, $NMA enables a truly participatory AI economy on-chain.' Utility and Use Cases of $NMA The $NMA token offers multiple functions within the Nimanode platform: Following the presale, $NMA is expected to list on decentralized exchanges at a 25% higher price, offering early participants an incentivized entry. How to Join the $NMA Presale Participants can acquire $NMA using XRP via the official Nimanode presale portal. Here's how to participate: The Nimanode presale is now live and available to the public for a limited time. About Nimanode Nimanode is building the first AI protocol layer on the XRP Ledger, allowing artificial intelligence not only to support blockchain ecosystems—but to live natively within them. The platform's agentic architecture aims to redefine DeFi, work automation, and intelligent interaction across decentralized applications. Media Contact Nimanode Communications Email: [email protected] Website: Twitter/X: Telegram: Documentation: Contact: Nick Lambert [email protected] Disclaimer: This is a paid post and is provided by Nimanode. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information do not guarantee any claims, statements, or promises made in this content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press the event of any legal claims or charges against this article, we accept no liability or does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at
