The content and materials featured on this page are for educational purposes only. In an ambitious move to enhance its ledger, Ripple launches a stablecoin backed by US assets, while InQubeta’s presale attracts Bitcoin whales with its inventive AI investment platform. Ripple (XRP) aims to increase liquidity and utility on the XRP ledger by launching a new stable coin pegged 1:1 to the US dollar.
The stablecoin will be backed by short-term US government treasuries, USD deposits, and other equivalents. Ripple Labs plans to have its new stablecoin audited by a third-party accounting and issue monthly attestations. This launch will mark Ripple Lab’s entry into the fast-growing stable coin market, providing investors with a less volatile way to engage with cryptos.
The stablecoin market is estimated at around $150 billion currently, but Ripple’s analysts predict it will reach over $2.8 billion in the coming years. Over $13.2 million has been raised so far, with early-stage investors earning 300% returns on their investments. InQubeta aims to redefine investments in the artificial intelligence (AI) space, opening up investments in one of the fastest-growing tech sectors by employing the power of blockchain technology.
InQubeta’s blockchain was crafted on the Ethereum (ETH) network, allowing it to gain programmability for creating non-fungible tokens (NFTs). These tokens are used to digitize investment opportunities offered by AI startups, permitting investors to acquire equity and other bonuses by buying NFTs made by companies they find interesting. InQubeta’s investment space will deliver an alternative to traditional investing channels, making it one of the best new cryptocurrencies to invest in.
The emerging crypto intends to reshape how investments in AI space work, with an expectation of over $1.5 trillion flowing into AI in the next several years, setting InQubeta up for consistent growth. Massive improvements in the AI field have led to the launch of interesting products, like autonomous taxis in some cities and the utilization of humanoid robots for manual labor tasks by companies like Amazon in warehouses. This is just the beginning of the artificial intelligence revolution, which is expected to reshape virtually every aspect of our lives in the next couple of decades.
Investing in some of the AI firms starting up now is comparable to backing companies like Amazon in the early days of the internet. InQubeta will open up investments in AI, enabling anyone to invest in the technology and earn generational wealth by supporting the right players. The move by InQubeta will also improve liquidity on the XRP ledger.
While XRP has only experienced 7% growth in the past three months due to ongoing legal issues, Ripple Labs continues to move the project forward with new services, and prices are expected to rise once its legal troubles are resolved. XRP’s prices have pulled back in the past month, but there are indications of a turnaround as it breaks the $10 resistance level. QUBE, on the other hand, is set for major growth once it’s listed on exchanges.
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