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Fed Rate Cut, Stablecoin Banks, and XRP ETF Hits $1B in Four Weeks

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BTC
$88,134.30-0.23%
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ETH
$2,973.69-0.36%
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USDC
$1.00030%
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XRP
$1.923220.45%
The fear and greed index dipped to 28 as the Fed cut rates by 0.25% to 3.50%–3.75%, with crypto markets showing muted response. The OCC handed conditional bank charters to Ripple, Circle, Paxos, BitGo, and Fidelity Digital Assets for stablecoin operations. Ripple’s XRP ETFs hit $1B in four weeks, the fastest since Ethereum’s ETF. Altcoins to watch include XRP amid growing ETF traction. Terra’s Do Kwon was sentenced to 15 years. The CFTC now allows Bitcoin, Ethereum, and USDC as collateral in derivatives.
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