Mastercard Explores Ripple USD Settlement Integration
- Stablecoin Integration Plan: Mastercard is exploring how to settle Ripple USD (RLUSD) across its network by linking XRP Ledger-backed stablecoin rails to one of the world's largest payment systems, with a launch expected in the first half of the year, further promoting mainstream adoption of stablecoins.
- Collaboration with Gemini: Mastercard's Senior Vice President Christian Rau stated that the firm is working with Gemini to develop an RLUSD settlement use case, aiming to integrate stablecoins into existing payment systems rather than creating a parallel system, thereby enhancing payment efficiency.
- Market Acceptance Advantage: With approximately 150 million acceptance locations and 3.8 billion cards globally, Mastercard's extensive network will provide robust support for the integration of stablecoins, positioning them as a new option for cross-border payments that surpasses the limitations of traditional fiat currencies.
- Ripple Stablecoin Background: Ripple launched RLUSD in December 2024, which has since been adopted by various exchanges, custodians, and payment firms, highlighting the increasing significance of stablecoins in financial services, and Mastercard's integration plan is set to further accelerate this trend.
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Technical Analysis for STABLE
Technical Sentiment Analysis for (STABLE). As of , (STABLE) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for STABLE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, STABLE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
(STABLE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0174 | 0.0211 | 0.0236 | 0.0273 | 0.0298 | 0.0336 | 0.036 |
| Fibonacci | 0.0211 | 0.0235 | 0.025 | 0.0273 | 0.0297 | 0.0312 | 0.0336 |
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