PakGazette: Read the top three stories from this past weekend brought to you by PakGazette.
RLUSD Stablecoin Explodes with 106% Growth in Volumes: Details
On Saturday, December 28, Ripple’s RLUSD stablecoin saw an impressive 106% increase in trading volumes over a 24-hour period, reaching $39 million, according to data from CoinMarketCap. Most of this trading activity is attributed to the RLUSD/USDC pair in the bull market, which accounts for approximately 55.02% of the total volume, indicating strong demand among users. The BTC/RLUSD and XRP/RLUSD pairs contributed 23.15% and 12%, respectively, to the overall trading figures. As a reminder, RLUSD launched globally on December 17; It is pegged one-to-one to the US dollar and is available on both XRP Ledger and networks, facilitating various applications such as cross-border payments and decentralized banking.
Founder releases major year-end update for ADA holders.
As the year concludes, Cardano founder Charles Hoskinson addressed the ADA community on Platform X with an important reminder. In his post, Hoskinson emphasized the importance of the governance workstream, CIP-1694, and the constitution of Cardano, noting that the workstream was launched during the Age of Voltaire conference in late 202. This initiative resulted in CIP -1694, a Cardano improvement proposal. which outlines the processes for decentralized governance and a candidate constitution two years later. Hoskinson’s message was intended to highlight the thoroughness and inclusiveness of the governance process, which has involved various stakeholders. Meanwhile, the governance action for the Cardano mainnet hard fork was introduced on-chain, marking a significant step towards implementing full governance, as outlined in CIP-1694.
Kiyosaki, author of “Rich Dad, Poor Dad,” reveals how much it will make you rich
“Rich Dad Poor Dad” author Robert Kiyosaki has recently stepped up his promotion of Bitcoin, sharing a series of bullish posts on the flagship cryptocurrency. Previously, the author has made bold predictions, including a potential price of $350,000 per BTC, while mocking “cry babies” amid the Bitcoin price crash. However, this time Kiyosaki made a more laconic message, encouraging his followers to simply “buy a satoshi and get rich.” Therefore, he emphasized the affordability of BTC to purchase even the smallest pieces, or satoshis. Kiyosaki also praised the decentralized nature of Bitcoin, in contrast to gold, which he refers to as “God’s money.” The author also warns that a major global economic crisis may be on the horizon. While this situation could be painful for many people, Kiyosaki believes it could also create profitable opportunities for those who make sound financial decisions. In this context, it highlights Bitcoin as one of the important assets to consider.
