Ripple Integrates AI Agents Into Its $1 Billion Corporate Treasury System

·1 views

Ripple has introduced artificial intelligence agents into its corporate treasury operations, which are valued at $1 billion. The AI software is designed to monitor cash flow, assess risk, and generate financial forecasts. It can also suggest potential financial moves to human operators. However, all AI-recommended actions require explicit human approval before being executed, keeping people firmly in the decision-making loop.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

India pilots tokenized corporate bonds settled via RBI's digital rupee

India's Securities and Exchange Board (SEBI) has launched a pilot program called Demat 2.0 that converts corporate bonds into digital tokens. Settlements under the initiative are processed using the Reserve Bank of India's wholesale digital rupee. The move targets India's corporate bond market, valued at approximately $620 billion. Secondary market trading and broader retail investor access are planned for subsequent phases of the rollout.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Bitcoin Slides Below $77,000 as Broad Crypto Selloff Grips Market

Bitcoin has dropped below $77,000, recording a loss of more than 5% over the past week. The broader crypto market has also taken a hit, with 95 out of the CoinDesk 100 tracked assets declining in the past 24 hours. Zcash was among the hardest-hit cryptocurrencies during this period. The selloff comes as traders appear to be pricing in expectations of a potential interest rate hike by the U.S. Federal Reserve. Rising rate expectations have historically dampened appetite for riskier assets like cryptocurrencies.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Republicans Release Updated Clarity Act Draft Ahead of Senate Vote

Republicans circulated a revised draft of the Clarity Act on Thursday in preparation for an upcoming Senate vote. The updated text includes tweaks to provisions related to decentralized finance (DeFi) and credit unions. The bill requires 60 votes to advance when the Senate returns from recess next week. Despite the revised draft, the path forward for the legislation remains uncertain.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

SEC Proposal to Overhaul Transfer-Agent Rules May Simplify Tokenized Securities

The U.S. Securities and Exchange Commission has put forward a new proposal to reform existing transfer-agent regulations. The plan targets the issue of duplicate off-chain shareholder records, which currently create significant reconciliation burdens. If adopted, the changes could reduce operational costs for firms dealing in tokenized securities. The proposal also aims to lower the legal uncertainty that has long complicated the tokenized securities space.

0 comments Read more at CoinDesk