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OPINION | Ripple Set to Launch US Stablecoin
Ripple, a blockchain-based digital payment network and protocol, has announced a plan to issue a US dollar-backed stablecoin on the XRP Ledger (XRPL) and Ethereum networks. The blockchain technology company’s main focus is building a payment settlement asset exchange and remittance system, similar to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) system.
China’s Population Declines for the First Time in 60 years
China’s population has declined for the first time since the Great Chinese Famine in 1961. The National Bureau of Statistics in China reported a decrease of 850,000 people, making their population 1.41 billion people, in 2022.