The increases partly reflect a “HODL premium” akin to MicroStrategy’s, the analysts said.
The Ripple CEO said the RLUSD listing would “be live soon” on exchanges after the New York Department of Financial Services approved the stablecoin.
The announcement’s timing is noteworthy, with the 2024 US presidential race having finished a month prior.
President Javier Milei has replaced the leadership of the country’s revenue agency following the introduction of a new tax regime targeting digital creators.
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