CARDS is up 286% over the last 24 hours, and up more than 10x since yesterday to a $450 million fully diluted valuation. The token initially struggled after its release on Aug. 30, but began to garner attention yesterday after notable investors and traders began to promote the platform.
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Ripple and Gemini-backed XRP Mastercard has officially launched, supported by $75 million in funding. The card allows users to spend XRP seamlessly across global payment networks, bridging traditional finance and blockchain technology. This move represents a major step in real-world utility for cryptocurrencies, demonstrating that digital assets can serve as everyday payment instruments. The partnership signals increasing interest from both fintech and legacy finance institutions in integrating crypto with consumer finance. Analysts view this as a bullish sign for XRP adoption, potentially boosting transaction volume and price stability. With ongoing legal clarity in the U.S. and rising global demand for faster, cheaper cross-border payments, XRP is positioning itself as a leading utility coin with real-world relevance.
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Fed Governor Bowman’s call for a “less cautious mindset” on crypto sparked optimism among investors. The statement suggests policymakers may adopt a more balanced view, opening pathways for innovation. Market sentiment often reacts strongly to central bank language, and Bitcoin saw a brief uptick after her remarks. Still, words don’t equal policy. Concrete regulatory easing remains uncertain. Traders should treat this as sentiment fuel rather than structural change, positioning cautiously until policy actions follow.
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