Ripple focuses on stablecoins, is the role of XRP over? / Clothing retailer Mac House to purchase 1.7 billion yen worth of Bitcoin【10 must-reads for Sunday】 | CoinDesk JAPAN

robot
Abstract generation in progress

Ripple focuses on stablecoins, is the role of XRP over? / Clothing brand Mac House to purchase 1.7 billion yen worth of Bitcoin 【10 selected articles to read on Sunday】

The role of the stablecoin "RLUSD" as a payment method for expanding RWA tokens in the integration with traditional finance - The XRP Ledger (XRPL) conference "Apex 2025," held by Ripple from June 10 to 12 in Singapore, was filled with such themes.

──From the articles published from last Saturday to the Friday before yesterday, we've carefully selected 10 that you would want to read on Sunday!

Ripple focuses on stablecoins, is the role of XRP over? - Interview with RippleX's Marcus Infanger

Even recent news clearly shows Ripple's focus on "RLUSD." So, what will happen to XRP? Is its role as a payment method over? Moreover, while it has built a strong relationship with SBI in Japan, will it become a rival to SBI, which promotes the adoption of USDC?

Apparel retailer Mac House to purchase 1.7 billion yen worth of Bitcoin──same funding scheme as MetaPla and Limipo.

The nationwide apparel chain Mac House announced on June 19 that it has completed fundraising through the issuance of new stock acquisition rights by third-party allotment, and has decided to allocate up to 1.715 billion yen of the raised funds for the purchase of cryptocurrencies, including Bitcoin (BTC). The third-party allottee for this issuance, EVO FUND, is a fund that will utilize Metaplanet, which holds 10,000 BTC, and Remixpoint, which has reached 1,000 BTC, for fundraising.

Metaplanet Reaches 10,000 Bitcoin Holdings - Surpasses Coinbase to Rise to 9th in the World

Metaplanet Reaches 10,000 Bitcoin Holdings, Surpassing Coinbase to Become 9th in the WorldOn June 16, Metaplanet announced that it had purchased an additional 1,112 Bitcoin (BTC), bringing its total holdings to 10,000 BTC. The company's total purchase amount for Bitcoin is approximately 139.152 billion yen, with an average purchase price of 13.91523 million yen per BTC.

Bitcoin Price Volatility Signal Activated──Is There a Sign of a Surge?

Important technical indicators suggest that the price of Bitcoin (BTC) is likely to increase volatility soon, leading to the next upward phase. This indicator is based on the gap of the Bollinger Bands. The Bollinger Bands refer to the range of volatility set at two standard deviations above and below the 20-week simple moving average of the price. When this gap widens, it indicates that the market is more active and has higher volatility.

XRP Whales Reach All-Time High – Over 2,700 Wallets Hold More Than 1 Million XRP

The number of "whales" holding a large amount of XRP has reached an all-time high, increasing confidence in the price outlook for this cryptocurrency.

The company operating "Don Quijote" to issue digital corporate bonds ── to support the younger generation

Pan Pacific International Holdings (PPIH), which operates the discount store "Don Quijote", announced on June 13 that it has decided to issue its first security token (digital corporate bond) in the group.

The Crucial Moment for the "EXPO2025 Digital Wallet" is After the Expo - Can it Lead the Spread of Web3 as a "Legacy"? 【Interview with Association Officials & HashPort's Yoshida at the Expo Venue】

2025 Japan International Exposition Association's advisor Yoshiko Tanigawa, who is in charge of cashless payments and the "EXPO2025 Digital Wallet", and the section chief Taiichi Umeda, along with the CEO of HashPort, Yoshihiro Yoshida, who is responsible for the development and provision of the "EXPO2025 Digital Wallet", discussed at the Expo venue bustling with more visitors than expected at the end of May.

U.S. Senate Passes Stablecoin Regulation Bill "GENIUS Act" ── A Historic Victory for the Cryptocurrency Industry [Breaking News]

The U.S. Senate has overwhelmingly passed the "GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025)" with bipartisan support (68 in favor, 30 against) to regulate stablecoins. This is the first time a major bill related to cryptocurrencies has passed through the Senate, marking a historic turning point in the legislative process for cryptocurrencies that has long been stalled by some influential members of the Democratic Party.

Vietnam Passes Groundbreaking Law to Legalize Cryptocurrency

Vietnam has passed a law that officially recognizes digital assets and cryptocurrencies, taking a decisive step towards the regulation and promotion of the cryptocurrency economy. The "Digital Technology Industry Law" was passed on June 14 and will come into effect on January 1, 2026.

Progressing towards the transition of crypto assets under the Financial Instruments and Exchange Act - The Financial Services Agency will present a "conclusion" at the advisory council meeting on the 25th.

Next week on June 25, the Financial Advisory Council General Meeting will be held. The main focus will be on what kind of guidelines the Financial Services Agency will present regarding the transition of cryptocurrency regulation from the current Payment Services Act to the Financial Instruments and Exchange Act.

【Recommended Reading】 What is Bitcoin

Bitcoin purchase

Bitcoin exchange

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)