⚡️Ripple has launched a new platform called Ripple Treasury, $SYN allowing companies to manage cash and digital assets in one place. After its $1B GTreasury deal, Ripple is now using RLUSD to enable cross-border transfers in just 3–5 seconds, while also $INIT giving access to overnight repo markets and tokenized funds like BlackRock’s BUIDL.
U.S. regulators SEC and CFTC have started a new initiative called “Project Crypto” to bring crypto rules $ENSO on the same page and improve digital asset regulation. $INIT
Binance will convert about $1B of its SAFU stablecoin reserves into Bitcoin over the next 30 days. The fund will be rebalanced regularly, and if BTC’s value drops below $800M, Binance will top it back up to $1B.