Press Release View Non-AMP

Ripple Announces New Stablecoin: Is XRP Still on Track to $1 or $MEDA Poses Better Gains?

Published by
PR Manager

TLDR

  • Ripple announces a USD-pegged stablecoin backed by USD reserves. XRP’s bearish trend continues, dropping from $0.70 to $0.50.
  • Milei Moneda ($MEDA) emerges as a top crypto to invest in, revolutionizing the market with innovative features and promising profit potential, priced at $0.0125.

Ripple’s new stablecoin and Milei Moneda’s ($MEDA) innovative features are transforming the crypto landscape. Let’s explore their potential for investment gains.

Economize Like Milei: Invest in $MEDA!

Ripple Announces Launch of USD-Pegged Stablecoin

In April 2024, Ripple, a prominent provider of blockchain and crypto solutions, revealed plans to introduce a stablecoin pegged 1:1 to the US dollar. This stablecoin will be fully backed by USD deposits, short-term US government treasuries, and other cash equivalents, ensuring stability and reliability. 

Brad Garlinghouse, CEO of Ripple, expressed confidence in this strategic move, highlighting Ripple’s commitment to bridging the gap between traditional finance and the crypto sphere. The stablecoin’s reserve assets will undergo regular audits by third-party accounting firms, with monthly attestations published for public scrutiny, enhancing transparency and trust in Ripple, one of the top DeFi projects.

The integration of the stablecoin has seen experts predict a possible pump to the $1 region by May 2024. Despite this, XRP has been on a bearish trajectory since March 2024, moving from $0.70 to the $0.50 price point  in April 2024. 

Initially available on the XRP Ledger (XRPL) and Ethereum blockchain, Ripple’s stablecoin aims to expand to additional networks and decentralized finance (DeFi) protocols in the future. 

Monica Long, Ripple’s President, emphasized the transformative impact of issuing the stablecoin on the XRPL, driving adoption and development within the ecosystem. This announcement underscores XRP’s dedication to fostering liquidity, compliance, and innovation in the crypto market.

Milei Moneda ($MEDA): Revolutionizing Crypto With Innovative Features

Investors are eagerly anticipating the launch of Milei Moneda ($MEDA), a potential top ten cryptocurrency poised to redefine the market. Unlike conventional cryptos, Milei Moneda ($MEDA) embodies a movement for economic reform and financial empowerment, offering innovative features like deflationary mechanisms, NFT integration, and governance through $MEDA tokens. With its upcoming launch on Uniswap in May 2024, Milei Moneda ($MEDA) targets a pump in value from its initial price of $0.010 to $0.020, attracting attention as the best DeFi investment opportunity.

With a focus on accessibility, liquidity, and rewards, Milei Moneda ($MEDA) aims to secure a prominent position in the list of top 5 cryptocurrencies, offering investors a pathway to diversify portfolios and capitalize on profit potential. 

Currently, in Stage 2 of its presale, $MEDA is trading at $0.0125, guaranteeing 60% ROI to investors who purchase the token now. The 60% presale ROI that investors will get is only the beginning for Milei Moneda ($MEDA). Experts say that this meme coin has massive potential, with even further surges of 10x or more on the horizon as it starts trading on exchanges. 

Furthermore, Milei Moneda ($MEDA) emerges as one of the top crypto coins in the crypto space, offering not just a digital asset but a transformative experience for users seeking financial independence and innovation.

Conclusion

The introduction of Ripple’s stablecoin and the innovative features of Milei Moneda ($MEDA) present compelling investment opportunities. As the crypto ecosystem evolves, staying informed about these developments can pave the way for potential gains in the market.

Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative!

PR Manager

Press release about recent ICOs, announcement from startups, new cryptocurrency launch by firms and unlike.

Disclaimer and Risk Warning

The content featured on Coinpedia's press release page is provided for informational purposes only. Coinpedia does not endorse, verify, or take responsibility for the accuracy, completeness, or reliability of any press releases or associated materials. Any views, opinions, or statements expressed in these press releases are those of the respective issuers and do not reflect the opinions or positions of Coinpedia. Coinpedia is not liable for any content, products, services, or actions mentioned in the press releases. Readers should independently verify the information before taking any actions related to the subject matter of the releases.

Recent Posts

Bermuda Partners With Coinbase and Circle to Build a Fully Onchain Economy

The government of Bermuda, under Premier David Burt, has inked a strategic partnership with Coinbase…

January 20, 2026

XRP Price Reclaims $2 As Bulls Return—Is A 10% Bounce Possible This Week?

XRP price opened the year with a sharp rally of over 20%, outpacing larger majors…

January 19, 2026

Canary Capital CEO Reveals Why $5 or $10 XRP Is ‘Small’ in a Trillion-Dollar Market

The chief executive of Canary Capital said XRP should no longer be judged as a…

January 19, 2026

Bitcoin Market Sentiment Has Changed, Analyst Says: Why 2022 Is the Wrong Comparison

In recent weeks, the price of Bitcoin has been facing intense volatility as sellers dominate…

January 19, 2026

Why is Crypto Market Going Down Today?

The cryptocurrency market moved lower on Monday, with total market value falling about 2.4% to…

January 19, 2026

Bitcoin Price Regains Momentum—Can Bulls Push BTC Above Bearish Pressure?

The Bitcoin price is jiggling around $93,000 after marking an intraday low below $92,000, which…

January 19, 2026