According to @EleanorTerrett, Canary Funds is launching an AXL (Axelar) Trust, which will feature the native token of the Axelar network. The Axelar protocol is recognized as a leading cross-chain solution and collaborates with Ripple for $RLUSD stablecoin interoperability, acting as a crucial bridge in the crypto ecosystem.

According to WallStreetBulls, Bitstamp is constructing an entire derivatives market on the XRP Ledger (XRPL), positioning RLUSD as a fully regulated stable currency. This comes amid criticism of USDT for allegedly being printed to inflate Bitcoin prices and using BTC as reserves, raising concerns about its stability.

According to WallStreetBulls, the value of Bitcoin (BTC) is allegedly inflated through fraudulent practices involving Tether (USDT), which reportedly mints billions of tokens without backing to artificially pump BTC prices. This claim raises concerns for traders about the legitimacy of BTC's valuation and suggests that XRP and RLUSD are more reliable investments.

According to WallStreetBulls, XRP is positioned as a key player in Wall Street 3.0, with its involvement in Real World Assets (RWA) and the introduction of RLUSD, a stablecoin expected to dominate the market. These developments suggest XRP's increasing integration into traditional financial systems, which may influence trading strategies as its utility and demand grow. Source: WallStreetBulls on Twitter.

According to WallStreetBulls, a massive $4 trillion market is poised to enter the XRPL (XRP Ledger) ecosystem, potentially impacting XRP and RLUSD trading. This development could lead to increased liquidity and trading volume, presenting new opportunities for traders. The announcement suggests a significant shift in market dynamics, emphasizing the importance of monitoring XRP price movements and RLUSD integration strategies closely.

According to WallStreetBulls, the USA has allegedly chosen RLUSD, implying that XRP will be part of the U.S. strategic reserve. This could potentially impact XRP's market value, influencing trading strategies and investor interest in XRP as a reserve asset.

According to CCData, a Bitcoin investor has been ordered to surrender cryptocurrency keys, Ripple is using Chainlink's data feeds to enhance RLUSD stablecoin in DeFi, and Backpack is expanding its crypto derivatives offerings with FTX EU acquisition.

According to Justin Sun, there is a possibility of RLUSD being integrated on the Tron network. This question was directed to Joel Katz, indicating potential collaboration or interest in expanding Tron’s offerings with RLUSD. Traders should watch for further announcements as this could impact Tron's ecosystem and RLUSD's adoption.