Category: Altcoin News
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Klarna Enters Altcoin Market with KlarnaUSD: Pioneering Stablecoin on Paradigm Tempo Blockchain Infrastructure
Swedish fintech powerhouse Klarna, renowned globally for revolutionizing online payments and popularizing “buy now, pay later” (BNPL) solutions, is making a strategic entry into the altcoin ecosystem with the launch of KlarnaUSD—a dollar-backed stablecoin designed to streamline cross-border payments and enhance Klarna’s financial infrastructure. The stablecoin will debut on the Paradigm Tempo Layer-1 blockchain, developed by Bridge, a subsidiary of Stripe , establishing…
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BlackRock Executive: Bitcoin Primarily Functions as Capital Preservation Asset, Not Global Payment System
Robert Mitchnick , head of digital assets at **BlackRock **, has articulated an important reassessment of Bitcoin’s role and utility, positioning the flagship altcoin primarily as a capital-preservation tool and store of value rather than a functional global payment network. Mitchnick’s analysis, informed by BlackRock’s position managing over $10 trillion in assets, provides institutional perspective on Bitcoin’s evolution and…
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Plume and Securitize Partner to Launch Institutional Real-World Assets On-Chain: Accelerating RWA Market Evolution
Blockchain infrastructure platform Plume has announced a strategic partnership with Securitize—a leading tokenization platform backed by industry giants BlackRock and Morgan Stanley —to launch institutional real-world assets (RWA) directly on-chain through the Nest protocol. This collaboration represents a watershed moment in the convergence of traditional finance and altcoin infrastructure, positioning blockchain-based tokenized assets as legitimate vehicles for institutional capital deployment at unprecedented scale.…
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India’s ARC Stablecoin: Strategic Initiative to Establish Rupee-Backed Altcoin Infrastructure
India is positioning itself as a major player in the global stablecoin revolution with plans to launch ARC (likely standing for Asset Reserve Coin or similar designation)—a rupee-backed stablecoin designed to operate within a sophisticated two-tier regulatory framework alongside the Reserve Bank of India’s (RBI) digital rupee. The initiative represents a comprehensive strategy to maintain financial sovereignty, reduce dependency…
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Ripple’s Game-Changing Move: Will Native XRP Staking Finally Ignite the XRPL DeFi Ecosystem?
In the fast-paced world of blockchain technology, adaptability is the ultimate survival trait. For years, Ripple (XRP) has stood as a titan among altcoins, primarily recognized for its lightning-fast cross-border payment solutions and its institutional partnerships. However, a new narrative is beginning to bubble under the surface of the XRP Ledger (XRPL)—one that could fundamentally alter…