Major cryptocurrencies are mixed.
As of 12:50 PM on the 11th based on Bithumb, Bitcoin (BTC) fell 0.37% from the previous day to 13,876,100,000 won. Ethereum (ETH) fell 0.23% to 5,218,000 won, Ripple (XRP) rose 5.35% to 3,287 won, Solana (SOL) rose 0.84% to 310,800 won, and Binance Coin (BNB) fell 1.43% to 965,500 won.
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The international market is also mixed.
At the same time, on CoinMarketCap, BTC recorded $97,529.75, up 0.82% from the previous day. ETH fell 0.79% to $3,662.97, XRP rose 8.76% to $2.3, SOL rose 2.15% to $217.71, and BNB fell 1.01% to $678.28.
The total market capitalization of cryptocurrencies is the same as the previous day at about $3.46 trillion (about 495.29 trillion won). The Crypto Fear & Greed Index of alternative.me fell 4 points from the previous day to 74 points, indicating 'Greed'.
The stablecoin (RLUSD) issued by Ripple Labs has received final approval from the New York Department of Financial Services (NYDFS).
Ripple Labs CEO Brad Garlinghouse tweeted on the 10th (local time) that he "just received final approval from NYDFS for RLUSD" and that he "will be releasing a list of exchanges and partners".
According to CoinTelegraph, Ripple Labs management expects the market capitalization of the stablecoin to grow to $2 trillion (about 286.18 trillion won) by 2028. Ripple Labs announced plans to launch a stablecoin that can be used on the XRP Ledger and Ethereum network in April, and started testing the RLUSD stablecoin 4 months later. CEO Garlinghouse said in September that he plans to offer RLUSD to institutional investors.
