Ripple Unveils Stablecoin As BTC Whales Pivot To Render Rival For Growth

In an ambitious move to enhance its ledger, Ripple launches a stablecoin backed by US assets, while InQubeta’s presale attracts Bitcoin whales with its inventive AI investment platform.

Ripple (XRP) looks to increase liquidity and utility on the XRP ledger by launching a new stable coin that’s attached 1: 1 to the US dollar. The stablecoin will be backed by short-term US government treasuries, USD deposits, and other equivalents. 

Ripple Labs plans to have its new stablecoin audited by a third-party accounting and issue monthly attestations. 

The launch of the new stablecoin will be Ripple Lab’s first entry into the fast-growing stable coin market that gives investors a less volatile way to engage with cryptos. The value of the stablecoin market is estimated at around $150 billion at the moment, but Ripple’s analysts predict it will reach over $2.8 billion in the coming years. 

InQubeta (QUBE) will issue its tokens on exchanges in the coming months as its presale draws to an end. Over $13.2 million has been raised so far, earning those who invested during the first stage 300% returns on their investments. The emerging crypto aims to redefine how investments in the artificial intelligence (AI) space work. 

InQubeta attracts Bitcoin investors with growth potential

The AI-focused crowdfunding space InQubeta has brought in many Bitcoin whales looking to make profits from its growth. It aims to open up investments in one of the fastest-growing tech sectors by employing the power of blockchain technology. 

InQubeta’s blockchain was crafted on the Ethereum (ETH) network, allowing it to gain the programmability that allows for the creation of non-fungible tokens (NFTs). These tokens are used to digitize investment opportunities being offered by AI startups looking to fundraise, allowing investors to acquire equity and other bonuses by simply buying NFTs made by companies they find interesting. 

InQubeta’s investment space will deliver an alternative to traditional investing channels for all those who can’t meet their net worth, income, or geographic requirements. This utility makes it one of the best new cryptocurrencies to invest in. 

The inevitability of AI

Artificial intelligence was once just a fancy idea that often popped up in science fiction media, but a lot has changed in the past couple of decades. Massive improvements have been made in the field, leading to interesting products like autonomous taxis being launched in some cities. 

Companies like Amazon are now using humanoid robots for manual labor tasks in warehouses and this is just the start of the artificial intelligence revolution. AI will reshape virtually every aspect of our lives in ways we never imagined in the next couple of decades. 

Investing in some of the AI firms starting up now is like backing up companies like Amazon during the internet’s early days. 

InQubeta will open up investments in AI so anyone can invest in the technology and earn generational wealth if they back the right players. More than $1.5 trillion is expected to flow into AI in the next several years, setting InQubeta up for consistent growth. 

Ripple looks to expand solutions with new stablecoin

Ripple Lab’s CEO Brad Garlinghouse says the new stablecoin is a natural step for the company to bridge the gap between cryptocurrencies and traditional financial markets. The move will also improve liquidity on the XRP ledger.

XRP has only enjoyed 7% growth in the past three months mostly due to the uncertainty caused by its ongoing case with the US Securities and Exchange Commission (SEC). That hasn’t stopped Ripple Labs from moving the project forward with new services and prices will probably skyrocket once its legal troubles are behind it. 

Render appears poised for bull run

Render has been one of the top-performing AI-focused altcoins in the past year, surging by over 700%. Its prices have pulled back noticeably in the past month, but things are starting to turn around as it breaks the $10 resistance level. 

Summary

RNDR and QUBE are two of the most promising altcoins to invest in to earn exponential profits before the end of the year. XRP isn’t a bad investment given how cheap tokens are, but investors might have to wait until the ongoing case is cleared before they see considerable returns. QUBE, on the other hand, is set for major growth once it’s listed on exchanges. 

For more information about InQubeta, visit the InQubeta presale or join the InQubeta communities.