Hello everyone, a lot of people have been asking what our next plans are. It is almost time, stay tuned,

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Hello everyone, we are currently waiting for the market conditions to be good again before scheduling our next signal or releasing our next project, stay tuned.

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SUIUSDTP

ENTRY:0.9440

STOP LOSS: 0.9767

TAKE PROFIT: 0.7889

Disclaimer
https://t.me/legendcall/2059

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Project Name: Ormulus

Project Description:

Ormolus is an innovative Layer 2 blockchain designed to enhance the Ethereum ecosystem by introducing a sustainable rewards mechanism that benefits investors and participants alike. The platform leverages cutting-edge zk-rollup technology to provide a scalable, efficient, and secure solution that addresses the inherent challenges of Ethereum, such as network congestion and high transaction fees. Ormolus is committed to creating a decentralized environment where participants are consistently rewarded for their contributions, thereby fostering a loyal and engaged community.

Ormolus’ mission is to build a blockchain ecosystem that not only scales effectively but also maintains the security and decentralization that Ethereum is known for. By combining the best aspects of Ethereum with the advantages of Layer 2 technology, Ormolus aims to position itself as a leading solution in the evolving blockchain landscape.

Strategic Vision:

Ormolus envisions a future where blockchain technology is accessible, scalable, and rewarding for all participants. The platform is designed to bridge the gap between the current limitations of Ethereum and the growing demand for decentralized applications and services. By focusing on scalability, security, and sustainability, Ormolus seeks to create an ecosystem where users are empowered to participate actively and benefit from their involvement.

The long-term vision for Ormolus includes the continuous development of innovative features, strategic partnerships, and an expanding ecosystem that supports a wide range of decentralized applications (dApps). The platform’s commitment to decentralization and community-driven governance ensures that the development trajectory aligns with the needs and aspirations of its users.

Gempad buy link : https://gempad.app/presale/0x47BB954C109Cd67079A41C42c88f8A7a188D6f2a?network=Ethereum

Socials:

Website: https://ormolus.net/

Telegram: https://t.me/OrmolusPro

Twitter ( formerly X): https://x.com/ormoluspro?s=21

Additional information: Their presale has been on from August 26th 2024 and will end today, good backing and could do well.

Disclaimer: https://t.me/legendcall/2059

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Demand for Japanese yen stablecoins is ‘only a matter of time’ — Brad Garlinghouse

Ripple CEO Brad Garlinghouse says that Japan’s efforts on regulatory clarity have allowed “entrepreneurship and investment to really thrive.”



Ripple CEO Brad Garlinghouse has highlighted Japan as a promising market for stablecoins, specifically noting the potential demand for a yen-backed stablecoin. In an interview with “Bloomberg’s The China Show” on September 7, Garlinghouse acknowledged Japan’s regulatory clarity on cryptocurrencies and stablecoins, which has fostered a thriving entrepreneurial ecosystem. Despite these favorable conditions, Ripple is prioritizing the launch of its stablecoin, Ripple USD (RLUSD), in the U.S. before expanding to other markets like Japan.

Japan as a Key Market for Stablecoins

Garlinghouse pointed out that Japan, while conservative in some respects, offers a "really healthy" market for innovation, especially in digital finance. He commended Japan’s approach to regulatory frameworks around stablecoins and cryptocurrencies, which has accelerated entrepreneurship and investment in the sector. Garlinghouse emphasized that Japan's proactive regulatory stance contrasts sharply with the U.S., where there has been slower progress in establishing clear cryptocurrency regulations. He cited the United Kingdom and Switzerland as other nations that have made more regulatory headway compared to the U.S.

Ripple’s U.S.-First Approach for Stablecoin Launch

Despite the promising outlook in Japan, Ripple is focusing on launching its U.S. dollar-pegged stablecoin in the United States first. Garlinghouse explained that Ripple is committed to aligning with U.S. regulators before rolling out the stablecoin. The company is currently testing RLUSD on both the XRP ledger and Ethereum mainnets, with plans for broader deployment across additional blockchain networks. Ripple aims to finalize the launch of the stablecoin by the end of 2024.

While Japan’s regulatory environment is conducive to innovation, Garlinghouse stated that there are no immediate plans to issue a yen stablecoin. He indicated that Ripple’s first priority is the U.S., but acknowledged that global demand, particularly in Japan, for stablecoins is only a matter of time. Japan's largest banks, including Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, and Mizuho Bank, are already involved in initiatives like Datachain’s Project Pax, which aims to facilitate cross-border business settlements via stablecoins. This growing interest from major financial institutions underscores the potential of stablecoins in Japan’s financial ecosystem.

In summary, while Ripple is positioning itself to launch a U.S.-dollar stablecoin, Garlinghouse is optimistic about future opportunities in Japan. The firm sees regulatory compliance as essential before expanding into global markets like Japan, where there is clear demand for stablecoin-backed financial products.

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🇺🇸 Donald Trump paying for food with 🪙 Bitcoin at PubKey, NYC.

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🇺🇸 JUST IN: Crypto whales place major bets on a Trump victory ahead of the US election, holding over 50% of “Yes” shares on prediction markets.

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JUST IN: 🇺🇸 State of Michigan pension fund still HODLs its $7 million in 💰 Bitcoin ETFs, SEC filing reveals

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🪙 Michael Saylor’s Bitcoin strategy boosted MicroStrategy from a $1B to a $52B market cap

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🔥 Van Eck’s Head of Digital Assets Research says 💰 Bitcoin will become a reserve asset in 2050 with a price target of $3,000,000 🚀

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