Ripple joins stablecoin rush with plans for USD-pegged token 😲💸; Global venture funding shows signs of cautious recovery in Q1 2024 😌📈

FinTech is Eating the World, 5 April

Hey Everyone,

TGIF! Another big week in FinTech is about to end, and we’re going to finish it off with two awesome stories that are like the cherry on the cake 🍒 Today we’re looking at Ripple that joins the stablecoin rush (what it’s all about & why it matters + a closer look at PayPal that just doubled down on stablecoins as well), and analyze the global venture funding in Q1 2024 that shows signs of cautious recovery (the most interesting insights from the latest 222-page+ reports & a BONUS of 600+ pages of top resources for building and scaling billion-dollar startups). So let’s just jump straight into the brilliant stuff 🌶

Ripple joins stablecoin rush with plans for USD-pegged token 💸😲

The news 🗞️ Crypto and blockchain giant Ripple has announced plans to launch its own dollar-pegged stablecoin later this year.

The move comes as the stablecoin market, currently worth around $150 billion, continues to grow, with projections suggesting it could reach $2.8 trillion by 2028.

Let’s take a look at what it’s all about and why it matters.