Derived from U.Today, U.S.-based crypto firm Uphold has announced plans to launch digital asset-backed loan services in December, starting in Florida, allowing users to borrow against XRP, ETH, BTC, and USDC. Meanwhile, the first pure spot XRP ETF could be approved on Nov. 13 after Canary Capital filed an updated S-1 with the SEC, removing a delaying amendment. The ETF will automatically become effective after 20 days, pending Nasdaq approval of Form 8-A. Additionally, Western Union is preparing to launch a Solana-based stablecoin, the USDPT, expected to debut next year. Cardano founder Charles Hoskinson criticized Peter Schiff for repeatedly failing in his Bitcoin price predictions, dismissing them as irrelevant.
Uphold to Launch XRP-Backed Loans in December, XRP ETF Expected to Go Live on Nov. 13
U.TodayShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.