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<a href="https://defi-planet.com/2024/10/ripple-annouces-crypto-exchange-partners-for-its-stablecoin-offering-rlusd/" rel="noopener noreferrer nofollow">Ripple's RLUSD Launch &amp; Strategic Moves</a>
Ripple has announced its exchange partners for the launch of its new dollar-backed stablecoin, Ripple USD (RLUSD). RLUSD is currently undergoing mainnet testing on the XRP Ledger and Ethereum networks. Ripple CEO Brad Garlinghouse stated that there’s a growing demand for high-quality stablecoins like RLUSD for various financial applications. Garlinghouse mentioned that RLUSD would utilize its current infrastructure to offer faster, more reliable, and cost-effective cross-border payments. The company will publish monthly reports of its reserve assets, verified through third-party audits by BPM, for transparency.
<a href="https://defi-planet.com/2024/10/stripe-reportedly-wants-to-acquire-stablecoin-payment-provider-bridge/#google_vignette" rel="noopener noreferrer nofollow">Stripe's Crypto Expansion &amp; Potential Deal with Bridge</a>
Stripe is in talks with Bridge, a Texas-based stablecoin payments platform, to expand its cryptocurrency services. Although no official agreement has been reached, this move aligns with Stripe's strategy to integrate more crypto services. Stripe's presence in the cryptocurrency market will significantly expand if the acquisition of Bridge.
Stripe introduced cryptocurrency services for European customers, allowing them to buy Bitcoin, Ethereum, and other cryptocurrencies using Stripe-issued cards. They also launched a widget for online vendors to manage crypto transactions and comply with KYC regulations and recently partnered with Paxos to launch "Pay with Crypto," enabling merchants in over 70 countries to accept stablecoin payments, settle as fiat currency, and issue refunds in stablecoins.
<a href="https://defi-planet.com/2024/10/vitalik-buterin-targets-100k-tps-for-ethereum-layer-2-networks/" rel="noopener noreferrer nofollow">Vitalik Buterin's Ethereum Vision for Scalability</a>
Ethereum co-founder Vitalik Buterin has outlined his vision for the next phase of Ethereum's development, known as the "Surge." The primary goal is to scale Ethereum to handle over 100,000 transactions per second on the mainnet and Layer-2 solutions. Buterin emphasized improving interoperability between Layer-2 networks to create a unified Ethereum ecosystem.
Other vital technical advancements outlined by Buterin include innovations in data availability sampling, data compression, and ensuring Layer-2 networks become fully "trustless." Improving the user experience across Layer-2 networks was also a significant focus, with Buterin emphasizing the need for a seamless and unified network interaction.
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Catch up on the Cryptoverse for the week!
<ul>
 <li><a href="https://defi-planet.com/2024/10/the-rise-of-decentralized-identity-solutions-in-defi/" rel="noopener noreferrer nofollow">The Rise of Decentralized Identity Solutions in DeFi </a></li>
 <li><a href="https://defi-planet.com/2024/10/ripple-vs-swift-the-battle-for-dominance-in-global-payments/" rel="noopener noreferrer nofollow">Ripple vs. SWIFT: The Battle for Dominance in Global Payments </a></li>
 <li><a href="https://defi-planet.com/2024/10/would-a-trump-victory-turbocharge-or-tank-crypto/" rel="noopener noreferrer nofollow">Would a Trump Victory Turbocharge or Tank Crypto? </a></li>
 <li><a href="https://defi-planet.com/2024/10/breaking-free-from-monopolies-dwinitys-vision-for-a-decentralized-data-economy/" rel="noopener noreferrer nofollow">Breaking Free from Monopolies: Dwinity’s Vision for a Decentralized Data Economy </a></li>
 <li><a href="https://defi-planet.com/2024/10/lets-be-honest-not-all-crypto-projects-need-a-token/" rel="noopener noreferrer nofollow">Let’s Be Honest: Not All Crypto Projects Need a Token </a></li>
 <li><a href="https://defi-planet.com/2024/10/how-aligned-layer-reduces-proof-verification-costs-by-90/" rel="noopener noreferrer nofollow">How Aligned Layer Reduces Proof Verification Costs by 90% </a></li>
</ul>
Spotlight on interesting projects
Tezoro
<a href="https://tezoro.io/" rel="noopener noreferrer nofollow">Tezoro</a> is a non-custodial service that allows you to reduce the risk of losing your crypto by ~100 times by creating a backup: a smart contract that can withdraw crypto from your wallet and transfer it to a backup address even if you've already lost access to your wallet or died.Tezoro is a non-custodial service. It helps you to prepare your backup, and you confirm it via your MetaMask and deploy it directly to the blockchain.
Nobody, including Tezoro, can change the amount or replace the backup address. The only thing you allow it to do is initiate the transfer at the moment you need it.
For more information, visit <a href="https://tezoro.io/" rel="noopener noreferrer nofollow">https://tezoro.io/</a>
<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfFd_4gCcguuASslnCvw1WGiBEyIve48udV2icPzBl1zo3vIBi8OL2rebYAYOlEzSDO3vbW9B3t1sBE1Ij8efSvAThVaOD3rocyAbutnuQkrPq6C646LkNTlrCwmSdTnZW6KVf4K-Y1sPf22xTE9piVQrK7?key=s_JS005vUnRPGH7xaZUBJQ">
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This Week in Web3: Ripple's RLUSD Launch, Stripe's Acquisition Rumors, and Ethereum's 100K TPS Goal

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