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first_img Ripple executives claim that corporate treasuries present a $13 trillion opportunity, with RLUSD circulation rising to $2.4 billion

Jack McDonald, Senior Vice President of Ripple Stablecoin, stated in an interview with CoinDesk that corporate treasuries represent a significant growth opportunity for the RLUSD stablecoin, with Ripple Treasury clients processing approximately $13 trillion in transactions annually. This business is built on Ripple's acquisition of financial management software provider GTreasury for $1 billion last year, providing Ripple with a vast customer pool of around 1,200 corporate treasurers and CFOs who transfer funds across borders, between subsidiaries, and domestically.McDonald pointed out that the circulating supply of RLUSD has increased by over 50% in the past month, reaching $2.4 billion, with about $1 billion on the XRP Ledger and $1.4 billion on Ethereum. However, he emphasized that he values the token's utility and daily activity more than its market capitalization, noting that RLUSD's daily active volume has more than doubled since the beginning of the year, rising from about $200 million last month to approximately $750 million. Payments and capital markets are currently the two main application areas, and Ripple has collaborated with institutions such as Franklin Templeton and DBS in tokenized money market funds and lending.In the European market, Ripple plans to introduce RLUSD locally through a dual issuance structure compliant with the EU MiCA framework and has already obtained regulatory authorization in Luxembourg.

first_img Coinbase collaborates with Moov to provide stablecoin infrastructure for community banks

According to Cointelegraph, cryptocurrency exchange Coinbase has partnered with financial platform Moov to provide stablecoin infrastructure for over 1,000 community banks and credit unions within Moov's customer base. The two parties will combine Coinbase's regulated digital asset infrastructure with Moov's payment platform to offer stablecoin payment acceptance, settlement, and real-time funding services.This infrastructure will support use cases such as consumer stablecoin payments, merchant settlements, and payments, and will provide businesses and merchants access to Coinbase's custodial accounts. U.S. community banks typically have total assets of less than $10 billion, including state-chartered institutions and savings and loan holding companies.This collaboration comes as major U.S. banks are experimenting with stablecoin infrastructure. On Wednesday, U.S. Bank, the fifth-largest commercial bank in the U.S., completed a real-time cross-border payment using its proprietary stablecoin USBDC on the Stellar blockchain. Earlier this month, 21 financial institutions, including Bank of America, Citigroup, Goldman Sachs, Deutsche Bank, and UBS, announced plans to form a company to issue stablecoins. Additionally, Western Union also partnered with stablecoin infrastructure provider Rain in August to launch a digital wallet and Visa-branded card.

first_img AMD claims that the AI opportunity will reach 2 trillion dollars by 2030, and the data center is expected to reach 70 billion dollars by 2027

On September 8, 2026, at the Citigroup 2026 Global TMT Conference, AMD stated that AI-related opportunities could reach $2 trillion by 2030. The company expects its data center business to double by 2027, with sales reaching approximately $70 billion, of which AI GPUs will contribute about $40 billion, while the remainder will come from server CPUs. The server CPU market size has been revised up to $220 billion by 2030, previously estimated at $60 billion.AMD has secured procurement commitments of $29 billion to $30 billion, gaining the largest capacity allocation increase among all customers of TSMC, but still faces tight supply of wafers, HBM memory, advanced packaging, and substrates. The MI450 is expected to begin mass production and shipping in the third quarter of 2026, with further ramp-up in the fourth quarter. The gross margin guidance for the third quarter is 56%, as the MI450 ramps up, with a slight decline in gross margin expected in the fourth quarter of 2026 and 2027. Chief Financial Officer Jean Hu stated that the speed, scale, and rise of AI are unprecedented.AMD has announced three major anchor customers: Meta, OpenAI, and Anthropic, all involved in multi-gigawatt deployments and multi-generational collaborations. Helios is ramping up at the rack level. The acquisition of Taalas has been completed, and collaboration with Cerebras is underway to integrate the Helios system with its wafer-scale engine technology. Server CPU revenue is expected to grow over 80% year-on-year in the second half of 2026, with growth exceeding 70% entering 2027. Enterprise server revenue grew over 70% in the second quarter of 2026.

first_img Linera opens pre-registration for the LNRA community round, subscription from September 1 to 8

The real-time market application underlying protocol Linera announces the opening of pre-registration for the $LNRA community round, aimed at traders, badge recipients, community members, and external participants, allowing for token purchases before Season 1 and TGE. Pre-registration is open from now until September 1 UTC, with the subscription period from September 1 to 8 UTC. Participants can join at a fixed price / FDV using USDC on Base through sale.linera.net, with round pricing and scale to be announced on August 28.This round is divided into a reserved pool for badge holders and an open pool for all registered users. Badges can be earned daily through trading and social activities on app.linera.xyz and claimed at portal.linera.net. Higher levels and points determine the priority order for the reserved pool; the open pool is allocated proportionally, with a single wallet limit of $100,000. For every $1 committed, 1 Commitment Credit is earned, which can be used for fee-free trading volume in Season 1 on app.linera.xyz, with refunds also counted.It is reported that 65% of the total supply belongs to the community (including reserves and this pre-sale), while investors and early contributors hold a total of 25%, with a three-year vesting period from distribution. Linera claims there are currently about 50,000 traders, over 80 million predictions, and over 2 billion test trades, nearing the launch of the mainnet.
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