Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Ripple will provide a $150 million financing commitment to support LMAX in advancing its long-term cross-asset growth strategy.
On January 15, according to The Block, LMAX Group and Ripple have reached a multi-year strategic partnership. Ripple will provide a $150 million financing commitment to support LMAX’s long-term cross-asset growth strategy. Under the agreement, LMAX Group will integrate Ripple USD (RLUSD) as a core collateral asset into its global institutional trading infrastructure. This will enable banks, brokers, and buy-side institutions to use this stablecoin for margin and settlement in spot crypto assets, perpetual contracts, CFDs, and some fiat trading pairs. Ripple stated that this financing reflects its long-term commitment to accelerating the integration of traditional capital markets with digital capital markets. The partnership makes RLUSD a bridge between traditional market infrastructure and on-chain settlement. As more institutional trading venues explore replacing fiat with stablecoins to enhance collateral liquidity and enable 24/7 uninterrupted trading, the role of RLUSD will become increasingly critical. LMAX also mentioned that RLUSD will be offered through LMAX Custody, utilizing a segregated wallet mechanism, allowing clients to flexibly allocate collateral across different asset classes within its ecosystem.