Ripple integrates XRP payments into Stripe and Tempo AI developer toolkit

·2 views

Ripple has updated its developer kit to support automated payments using XRP and its stablecoin RLUSD. The integration brings XRP payment capabilities into Stripe and Tempo's AI infrastructure standard. The toolkit includes tools that allow AI agents to make recurring payments for services autonomously. It also provides functionality for managing wallets across multiple blockchain networks.

Read the full story at CoinDesk

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

Discussion (0)

Bitcoin's Decline Draws Comparisons to Pre-Rate Hike Slump of 2022

Bitcoin is currently experiencing a drawdown that closely resembles its price position just before the Federal Reserve began raising interest rates in March 2022. The similarity has prompted analysts to question whether history could repeat itself in the current cycle. At that time, Bitcoin staged a brief relief rally before suffering deeper losses as rate hikes continued. The Fed's renewed focus on rate increases has reignited concerns about the impact of tighter monetary policy on risk assets like Bitcoin. Traders and investors are now watching closely to determine whether a temporary rebound might precede another significant decline.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

U.S. Diesel Prices Hit Record High, Adding Pressure on Fed Rate Hike Path

Diesel prices in the United States have reached record highs, raising concerns about broader consumer price inflation. The surge in fuel costs is linked to ongoing oil supply pressures in the market. The Federal Reserve, already in a tightening cycle, faces added pressure as rising energy prices risk pushing inflation higher. Despite the inflationary environment, assets like bitcoin and gold have struggled to gain traction. The Fed appears committed to continuing rate hikes even as the economy absorbs the impact of the oil supply shock.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Bitcoin Tops $76,000 as Fed Signals Limited Rate Hikes; Zcash Surges 23%

Bitcoin climbed above $76,000 as the U.S. Federal Reserve raised interest rates for the first time since 2023 but signaled limited additional tightening ahead. The cautiously optimistic outlook from the Fed helped lift sentiment across major cryptocurrencies. Privacy-focused token Zcash was among the standout performers, surging 23% during the rally. Paradigm co-founder Matt Huang drew attention to Zcash's potential as a privacy-oriented complement to Bitcoin, adding further momentum to its price rise.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Goldman Sachs shifts forecast, now expects Fed rate hike in October

Goldman Sachs has revised its outlook, now predicting the Federal Reserve will raise interest rates by 25 basis points in October. The investment bank cited the Fed's own hawkish near-term rate projections as a key factor behind the updated forecast. This marks a notable shift in Goldman's earlier stance on the timing of future rate increases. The revision reflects growing expectations that the Fed remains committed to tightening monetary policy in the near term.

0 comments Read more at CoinDesk