Is Ripple Turning Into an XRP Treasury Company? Bi
Is Ripple Turning Into an XRP Treasury Company? Bitwise CEO Wonders
Ripple is making headlines again. The company has officially teamed up with BNY Mellon, the world’s largest custodian bank, to safeguard the reserves for its stablecoin RLUSD. The stablecoin has already crossed $500 million in circulation, and this move marks a big milestone for Ripple’s growing payments and stablecoin business. The news didn’t go unnoticed. Bitwise CEO Hunter Horsley stirred conversation online, wondering aloud if Ripple might soon be seen as an “XRP treasury company.” His post got a mixed response and while some called it a big bet on Ripple’s future, others thought it felt a bit overhyped. I wonder if in 12 months, people will call Ripple an XRP treasury company. In a recent interview with CNBC, Horsley spoke about why he thinks 2025 will be a major turning point for crypto. For years, uncertainty around crypto ..
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