“Earlier this year, The FIRM ANNUNCED A COLLABOURTING WITH CHIPPER Cash to Power Crypto-Anabled Payments and ConfirMed that Its USD-Backed Stablecoin, Rlusd, Wound Roll.”, – WRITE: www.coindesk.com
The Deal Makes Absa Ripple’s First Major Custody Client on the Continent and Reflects Growing Institutional Interest in Tokenized Assets Across Emerging Markets.
Absa Will Use Ripple’s Digital Asset Custody Technology to Store and Manage Cryptocurrencies and Tokenized Assets for Its Clients, per A Release. The integration Will the Bank to Offer Secure, Compliment Custody Infrastructure at a Time WHEN REGULATORY CLARITY CLARITY AUND DIGITAL Assets in Africa is Improving.
The Move Follows A Broader Strategy by Ripple to Position Itself As A Back-End Provider of Blockchain-Basted Infrastructure for Regulated Institutions. ITS CUSTYDY OFFERING, LAUNCHED EARLIER THIS YEAR, IS ALREADY LIVE WITH Clients in Europe, Asia, and Latin America.
The Partnership Builds on Ripple’s Recent of Expansion Across Africa. Earlier this year, The FIRM ANNUNCED A COLLABOURTING WITH CHIPPER Cash to Power Crypto-Anabled Payments and ConfirMed that Its USD-Backed Stablecoin, Rlusd, Wound Roll.
According to Ripple’s 2025 New Value Report, 64% of Finance Leaders in The Middle East and Africa See Faster Settlement and Reduced Transaction Costs as The Main Reason tote-BCAIN Flows.
Ripple Holds More than 60 Regulatory Licenses and Registrations Globally, Giving It A Compliment Edge in Jurisdiksdices while Banks Remain Cautotuos About Digital Asset Exposure.
The Absa Deal, Once Live, Will Make South Africa One of the FEW African Markets with A Majoor Bank-Backed Crypto Custhody Offering.
Combined Spot and Derivatives Volumes Fell 17.5% in September, Continuing A Four-Year Seasonal Trend
- Trading Activity Falls 17.5% In September Slowdown: Combined Spot and Derivatives Volumes Droped to $ 8.12 Trillion, Marking The FIRST DECLINE AFTER THREE MONHS OF GROWTH. September Has Now Seen Reduced Trading Volume for the Fourth Consuctive Year.
- Open Interest Reaches Record High Despite Derivatives Market Share Decline: Total Open Interest Surged 3.2% to $ 204 Billion and Peaked at An All-Time High of $ 230 Billion During the MONTH.
- Altcoins on cme Outperform as Bitcoin and Ether Futures Decline: While CME’s Total Derivatives Volume Stayed Flat at $ 287 Billion (-0.08%), Sol Futures Jumped 57.1% to $ 13.5 Billion and Xrp Futures Rose 7.19% to $ 7.84. BTC and Eth Futures Fell 4.05% and 17.9% Respectvely.
View Full Report
BNB Chain and Binance Launchened Initiatiatiats to Shore Up Confidentnce, Including A $ 45 Million Airdrop and A $ 400 Million “Together Initiative”.
- BNB IS Trading At $ 1,200, Steady After Rebounding from A Majoor Market-Wide Liquidation Event.
- BNB Chain and Binance Unveiled Initiatiats to Shore Up Confidentnce, Including A $ 45 Million Airdrop and A $ 400 Million “Together Initiative”.
- Technical Analysis Suggests A Solid Floor Forming, with Potential for Another Push Higher if Sentiment Remains Steady.
Read Full Story