Ripple introduced the U.S. dollar-pegged RLUSD stablecoin to the Ethereum and XRP Ledger networks in October. According to CoinGecko data, the token currently has a market capitalization of $72 million.
The acquisition positions Backpack Exchange to offer a full suite of cryptocurrency derivatives across the European Union, starting with its status as the region’s only regulated perpetual futures provider.
The beta campaign highlighted a growing interest in accessible decentralized finance (DeFi) platforms, emphasizing user-friendly features for those new to onchain trading.
On November 15, the foundation approved a proposal by cryptocurrency market maker Wintermute to share a portion of its fee revenues with ENA token holders. This move aims to align the growth of the Ethena protocol with its tokenholders' interests.
Trump, serving as "chief crypto advocate," touted crypto as the future, while the project has garnered mixed reactions within the crypto community.
