DeFi - CoinExtra

Ripple’s new stablecoin just passed $100 million

3 April 2025 by Coin Extra

Ripple USD (RLUSD) is gaining traction, with over $100 million minted since April 1, marking a surge in demand for the stablecoin. This week saw two significant issuances: $50 million on Tuesday and another $50 million late Wednesday. Ripple integrated RLUSD into its payments product, with BKK Forex and iSend already utilizing it. Industry experts … Read more

Cardano says it will unlock Bitcoin DeFi

3 April 2025 by Coin Extra

Cardano co-founder Charles Hoskinson sees a future where Cardano enhances Bitcoin’s DeFi capabilities. Hoskinson’s vision, posted April 1, 2025, includes integrating with the Lightning Network and potentially exceeding the scale of Ethereum’s DeFi ecosystem. Hoskinson envisions Cardano integrating with Bitcoin DeFi through Layer 2 solutions and interoperability, suggesting ongoing partnerships and advancements are positioning ADA … Read more