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XRP is up 11% in the last 24 hours, ... two rival stablecoins—Circle’s USDC and Tether’s USDT— have about 90% market share, according to Coingecko data.
Tether (often referred to by its currency codes, USD₮ and USDT, among others) is a cryptocurrency stablecoin launched by Tether Limited Inc. in 2014. [ 3 ] [ 4 ] As of August 1, 2024, Tether reported having $118.4 billion in reserves, including $5.3 billion in excess reserves.
XRP is trading at about $2.30 as of this writing, but can it ride that tailwind to a record high of $4 during 2025? A person holding a clipboard while looking at stock charts on a laptop. Image ...
Terra is a blockchain that leverages fiat-pegged stablecoins to power a payment system. For consensus, the Terra blockchain uses a proof-of-stake codesign. [4] Several stablecoins are built atop the Terra protocol, [4] including TerraUSD, which was the third largest stablecoin by market capitalisation before its collapse in May 2022. [5]
XRP is a cryptocurrency that facilitates cross-border money transfers. Someone could convert their local currency, say U.S. dollars, into XRP before sending it to someone in a different country ...
XRP is the world's most energy efficient cryptocurrency, using 0.0079 kilowatt-hours of electricity per transaction. [259] Although the biggest PoW blockchains consume energy on the scale of medium-sized countries, the annual power demand from proof-of-stake (PoS) blockchains is on a scale equivalent to a housing estate.
Sol, the native token of the Solana blockchain, is up 22%, and Ripple’s XRP has jumped 25%, according to CoinGecko data. This upwards swing is approximately double that seen by Bitcoin and Ether.
The XRP Ledger peer-to-peer overlay network is characterized by a small-world network topology, featuring a tightly clustered structure and short paths between nodes. [12] Information systems expert Mary Lacity notes that this platform "uses much less electricity than Bitcoin—about as much electricity as it costs to run an email server".