The Office of the Comptroller of the Currency (OCC) announced that Ripple has been granted final approval for chartering Ripple National Trust Bank (RNTB), a federally supervised national trust bank.
โFor years, weโve said crypto and banks work better together. Final approval for Ripple National Trust Bank is what that looks like in practice,โ โ said Brad Garlinghouse, CEO of Ripple.
โWeโve spent over a decade building regulated financial infrastructure that institutions can actually use at scale. A national trust charter gives us an even stronger foundation for RLUSD and the institutional products weโre building across payments, custody and capital markets.โ
Ripple will continue to work closely with the OCC, NYDFS, and other regulators as RNTB begins operations and as the U.S. implements the regulatory framework established by the GENIUS Act.
#Stellar
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Weโre excited to invite you to our next QSI Training Q&A + Meet & Greet Call!
Do you have any questions about our new learning platform?
Is there something youโre unsure about or donโt quite understand?
Donโt be shy โ bring all your questions!
No question is too small, and weโre here to help you feel more confident and comfortable with the material.
Firstly, complete the course in
We look forward to seeing you all there!
Bring your curiosity, your questions, and your positive energy!
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A US federal judge on Monday granted Alibaba Group Holding's request for a preliminary injunction, ordering the US government not to deny Pentagon โcontracts to companies because they, their parent companies or subsidiaries do business with firms that engage in โlobbying activities for the e-commerce giant.
Alibaba sued the US government in June after the Pentagon added it to a list of companies allegedly aiding China's military, alongside internet search provider Baidu, EV maker BYD and other major Chinese manufacturing and technology firms.
Monday's ruling means Alibaba will be able โto retain US lobbyists who also represent Pentagon contractors.
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Janus Henderson is launching the first-ever licensed tokenized fund tracking the Nasdaq-100 Index, marking Wall Streetโs latest push to bring traditional assets onto the digital ledger that underpins cryptocurrencies.
Janus will manage the new fund, which will trade under the ticker โJQQQโ and run on technology provided by the tokenization firm Centrifuge. It is initially available to eligible non-U.S. professional investors on the Stellar network, a blockchain focused on tokenized assets. The fund has a minimum investment of $100,000.
โBringing the Nasdaq-100 onchain with Janus Henderson and Centrifuge shows how far tokenization has come, from cash-equivalent assets to the benchmarks that define global equity markets,โ โ said Denelle Dixon, CEO & Executive Director of the Stellar Development Foundation.
โStellar was purpose-built for regulated finance, and we expect many more products like this to follow.โ๐
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Defense tech startup Anduril Industries Inc. has joined forces with chipmaker Qualcomm Inc. to produce laptops that are designed and assembled in the US, an attempt to rebuild a manufacturing process that has largely moved overseas.
The companies unveiled a new product line on Tuesday called BlueChip intended to supply โAmericaโs most critical industries โ including government, defense, first responders and public safety,โ according to a statement.
The eventual goal is to establish an โend-to-end American supply chainโ for the laptops and, more broadly, to rebuild US computer manufacturing, the companies said.
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In short order, we will be officially BANNING the term, โAI/Artificial Intelligence,โ in all relevant documents, and everything else, due to its inaccuracy.
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State Street is one of the worldโs largest custodial banks. It manages trillions in assets. And it is quietly building a tokenization infrastructure that runs across three distinct blockchain networks. Notably, Stellar, Ripple and Hedera are in the picture.
Securrency is a tokenization platform headquartered in Washington, D.C. It raised $49.4 million in funding and operates across Ethereum, Stellar, Ripple, Gochain, and EOS. State Street is listed as one of its notable partners in the BCG analysis.
That partnership is significant. Securrencyโs blockchain stack includes both the XRP Ledger and the Stellar network. Notably, Securrency has previously been highlighted as a potential path for XRP into the DTCC. State Streetโs relationship with the platform connects the bank directly to both assetsโ underlying infrastructure.
#Stellar
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I am traveling to Corpus Christi, Texas to a PACKED Rally, where the United States of America will receive ONE MILLION BARRELS of VENEZUELAN OIL as a result of our Highly Successful Military Operation, followed by the Biggest Oil Deal in the History of the World.
Thanks to our renewed relationship with Venezuela, which has turned out to be a truly excellent one, the Oil is being provided to the United States at NO cost to the American Taxpayer. This is just the first shipment of BILLIONS of Barrels to come.
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Ripple and Robinhood, a global leader in financial services, today announced a strategic partnership that provides one of the industryโs largest consumer and institutional trading platforms with a single, trusted entry point to Rippleโs infrastructure across stablecoins, institutional markets and treasury management.
โFrom bringing RLUSD to retail and institutional markets to helping Robinhood manage its own treasury operations, this partnership reflects growing institutional demand for integrated solutions that support customer-facing offerings and core financial operations,โ โ said Monica Long, president of Ripple.
#Stellar
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Maybe someday soon it will become a prosperous 51st state.
Let's make it the 51st state, and instead of a president, we'll have an election for governor.
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OpenAI has announced three AI-generated discoveries in mathematics, computer science and physics, with independent experts set to review the findings.
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We are very excited to announce that we launched the NASDAQ 100 with Stellar. So this is the first time that there's an on-chain DeFi strategy for the NASDAQ 100.
What that means is that anyone within the Stellar ecosystem can access one of the best and most well known tech indices.
We are unique in that we're building this strategy fully natively on-chain. So we're not just wrapping an ETF or buying the ETF, we're actually creating a new fund structure.
#Stellar
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Ripple and BNY, a global financial services company, announced an expansion of their strategic collaboration to broaden institutional digital asset custody capabilities and explore new institutional use cases for blockchain technology, including tokenized trade finance.
โWeโre moving past the initial issuance of assets onchain โ now, itโs all about making these tokenized assets usable for payments and collateral across financial markets,โ โ said Monica Long, President of Ripple.
โWith BNY, weโre connecting the necessary components of financial infrastructure on the XRP Ledger so institutions can move from holding digital assets to using them within capital markets and trade finance seamlessly.โ๐
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Apple has rolled out its latest iOS 27.2 update for iPhones and iPads, featuring expanded language support and improved memory functions for Siri AI, suggestions in messages, and Apple Pencil support for the foldable iPhone Duo.
With the new software update, Siri AI can now be used in French, Japanese, Korean, Portuguese, and Spanish, in beta. Apple says the AI assistant can now remember details from past conversations and answer accordingly. The ability for AI assistants to remember a personโs preferences have been a key area of focus for AI model makers, including OpenAI, Anthropic, and Google, whose assistants now do a better job at recalling facts and choices related to users.
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You can now deposit assets from Stellar into your minisend wallet and cash out directly to mobile money or bank accounts. From Stellar to local currencies, without the usual hassle of moving funds across different platforms.
One more network connected to the local payment rails people use every day.
#Stellar
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Locals in a rural area of California were recently startled to see dazzlingly bright light shining down from nearby mountains at night, illuminating a swathe of the desert below. The night-time light demonstration was conducted by a US startup called Reflect Orbital, which has an almost sci-fi aim to launch 50,000 satellites into space in the next decade to illuminate parts of the world at night.
In July, the FCC approved Reflect Orbitalโs proposal to launch an initial demonstration satellite next year, which will orbit the Earth and, via a 59ft-diameter mirror, reflect sunlight in 3-mile-wide beams in strengths from moonlight up to the brightness of the sun at noon.
This provided, the company said, a realistic simulation of one of the benefits of this technology: to help search-and-rescue teams and other emergency responders at night. Other planned uses include bathing crops in sunlight, replacing broken streetlights and even providing solar power for military operations, all summoned by the tap of a button on an app.
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C2FO, the worldโs largest platform for working capital, and Ripple announced an initiative to bring the financing and settlement activity supporting the new C2FO Instant Pay solutionโขonto the XRP Ledger (XRPL).
Today, C2FO Early Payโข programs, including C2FO Dynamic Discountingโข and C2FO Dynamic Supply Chain Financeโข, have already helped businesses access more than 520 billion in working capital through the accelerated payment of approved invoices. But even when an invoice is paid early, they can still wait several days for funds to move through legacy bank settlement infrastructure.
Purpose-built for institutional use, RLUSD has grown to more than $2.5 billion in market capitalization, with more than $1 billion issued on XRPL. XRPL settles transactions in 3โ5 seconds at a fraction of a cent, operating 24/7.
โWeโve spent years building a platform that gives businesses more information and control over their working capital. The next opportunity is to make the financial infrastructure behind our marketplace as efficient and connected as the experience weโve created for customers,โ โ said Ragui Selwanes, President & COO Americas at C2FO.
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๐ Supercomputer Taps 15,000 GPUs To Rebuild The Early Universe
Scientists have unveiled a supercomputer simulation named Lumina, which is the most detailed window yet into the first two billion years of our universe.
When trying to model the birth of the universe, computational cosmologists are usually forced to choose between simulating vast volumes of space at a coarse resolution or zooming into tiny patches with intricate detail.
Lumina changes all that: spanning a cubical region measuring roughly 1.6 billion light-years across, the simulation tracks ordinary matter, dark matter, and radiation across all that space while retaining enough spatial resolution to model individual galaxies, stellar nurseries, and their surrounding gas flows.
Bringing this map life was an international research team that utilized the Frontier supercomputer located at Oak Ridge National Laboratory in Tennessee. Harnessing more than 15,000 GPUs and 100,000 CPU cores, the simulation begins roughly 45 million years after the Big Bang, in the dark ages. Here, gravity slowly pulls tiny fluctuations in matter together, forming thick over-densities for the first generation of galaxies and stellar clusters.
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Scientists have unveiled a supercomputer simulation named Lumina, which is the most detailed window yet into the first two billion years of our universe.
When trying to model the birth of the universe, computational cosmologists are usually forced to choose between simulating vast volumes of space at a coarse resolution or zooming into tiny patches with intricate detail.
Lumina changes all that: spanning a cubical region measuring roughly 1.6 billion light-years across, the simulation tracks ordinary matter, dark matter, and radiation across all that space while retaining enough spatial resolution to model individual galaxies, stellar nurseries, and their surrounding gas flows.
Bringing this map life was an international research team that utilized the Frontier supercomputer located at Oak Ridge National Laboratory in Tennessee. Harnessing more than 15,000 GPUs and 100,000 CPU cores, the simulation begins roughly 45 million years after the Big Bang, in the dark ages. Here, gravity slowly pulls tiny fluctuations in matter together, forming thick over-densities for the first generation of galaxies and stellar clusters.
@QSIMedia
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