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Institutions that hold stablecoins or tokenized assets on the XRP Ledger face a small but real problem: every transaction needs a little XRP to pay the fee. Ripple Custody’s documentation describes a tool built to remove that problem, and it treats XRP as the fuel for those accounts.
In its infancy, the crypto sector was bent on creating entirely new types of assets. First came Bitcoin and its derivatives, then Ether and its competitors. Governance tokens, NFTs, and memecoins all followed a formula: create a new digital asset class and build a market around it.
Story HighlightsWinklevoss twins file with SEC to launch the WINK spot Zcash ETF on Nasdaq.
Zcash and Monero were the two best performers among the largest coins over 24 hours, while Bitcoin gained just 0.59% and Ethereum 0.34%.
A member of the European Central Bank’s (ECB) executive board has warned that other entities could provide alternatives without the central bank’s introduction of a digital euro, potentially weakening Europe’s “resilience and monetary sovereignty.”
Web3 hype is built in the weeks before launch day, from narrative, community and proof, and it rarely works when bought on the day itself.