
Ripple has embarked on a $250 million acquisition strategy aimed at transforming the banking sector through blockchain technology. This initiative includes partnerships with Metaco and Standard Custody, allowing banks to tokenize assets on the XRP Ledger, which is expected to create a new dual-revenue model. Additionally, Ripple's President, Monica Long, reported that 15 of the 25 largest banks are piloting tokenized asset projects, with regulatory clarity anticipated to boost mainstream adoption in 2025. In related developments, Bitfinex has announced the listing of two new stablecoins, StablREuro ($EURR) and $USDR, both pegged 1:1 to the Euro and US Dollar respectively, which are designed for secure transactions on the Ethereum blockchain. The deposits for these stablecoins are now live on Bitfinex, providing a cost-effective solution for international payments and corporate financial management.

$EURR & $USDR deposits are now live on #Bitfinex! Whether for international payments or corporate financial management, @StablREuro provides a cost-effective solution without compromising reliability. Find out when trading happens: … https://t.co/wIWoeYkYY3
$EURR & $USDR deposits are now live on #Bitfinex! Whether for international payments or corporate financial management, @StablREuro provides a cost-effective solution without compromising reliability. Find out when trading happens: https://t.co/Pzsu3ik4fO https://t.co/aAmGzQrYx1
XRP LEDGER: BANKS GONNA TOKENIZE Ripple's Monica Long says 15 of the top 25 banks are testing tokenized assets—waiting for clear U.S. crypto rules to go big. XRP Ledger and RLUSD stablecoin are Ripple’s power moves—pushing adoption worldwide. RLUSD’s already making waves—with… https://t.co/EOBwpCWjbN