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Four Utopia Labs members, including Kaito Cunningham and Alexander Wu, are joining Coinbase to develop stablecoin payment solutions.
Utopia raised $23 million from investors, including Coinbase, and will cease operations after the sale.
Smart Transactions will unlock a so-called “time machine” — a way to develop smart contracts that respond to future events — to enable consumer-grade “hybrid applications.”
XRP traders are still regarding an ETF approval as inevitable, analysts noted, as the token has jumped 7% over the last 24 hours and nearly 23% in the past seven days, according to CoinMarketCap data.
Gemini's latest reseach shows that approximately 65% of current crypto owners consider their holdings as a long-term investment.
Regulatory concerns remain a major barrier to broader crypto adoption, with 38% of non-owners in the US and UK citing unclear regulations.
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