DriveWealth to Integrate Ripple as Evernorth Deploys XRP Treasury
Ripple expands institutional adoption via DriveWealth’s RLUSD/XRPL settlement and payments, while Evernorth plans to deploy 473 million XRP treasury.
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Citigroup Maintains Buy on Coinbase Global, Raises Price Target to $230
Citigroup analyst Peter Christiansen maintains Coinbase Global (NASDAQ:COIN) with a Buy and raises the price target from $210 to $230.
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Banks Are Putting Deposits On Blockchain As Stablecoins Face A New Rival
The next phase of the “digital dollar” revolution will not belong exclusively to cryptocurrency issuers.
Shares of banks and financial services companies are trading lower after U.S. core inflation data bolstered the case for more Fed monetary tightening, which may slow lending and limit interest margins. Also, weak Q3 segment results from Bank of America and Morgan Stanley may dent confidence in the broader sector.