Breaking news from yesterday and thoughts - Stripe is acquiring crypto wallet infra firm Privy. Privy supports over 75 million accounts, simplifying crypto wallet integration for developers This follows Stripe’s $1.1B purchase of stablecoin platform Bridge and the launch of a stablecoin money management tool - Ondo has launched its tokenized U.S. Treasuries fund (OUSG) on XRP Ledger, using Ripple’s RLUSD stablecoin for subscriptions and redemptions, to expand access for institutional investors - NASDAQ listed VivoPower is deploying $100M in XRP via Flare’s FAssets protocols to generate institutional grade The yield earned will be reinvested into XRP holdings, forming a self compounding treasury structure Flare is not a replacement for the XRP Ledger, rather it complements the XRP Ledger by extending XRP’s utility into compliant, programmable, yield generating finance, rather than replacing it. - Polygon Founder Sandeep Nailwal has assumed full control of Polygon foundation and will focus on Agglayer development, an upgraded POS chain to Gigagas while sunsetting Polygon zkEVM “Polygon PoS will focus on stablecoin payments and RWAs, while Agglayer will focus on building a trustless Internet of Block”
Crypto News from Yesterday🚹 Timestamp: 00:04 Stripe acquires crypto wallet infra Privy 00:17 Ondo Finance launch OUSG on XRP Ledger 00:32 Nasdaq listed VivoPower deploy $100M in XRP via Flare Network Conquest OR Acquisition featuring @OndoFinance @stripe @privy @FlareNetworks
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