US companies might reconsider role of crypto in treasury management, 12 million RLUSD tokens destroyed by Ripple: Crypto News Digest by U.Today

U.S. Companies are reconsidering Bitcoin’s role amid economic fluctuations, as it shows less correlation with traditional markets. Ripple’s market cap of RLUSD neared 300 million USD after burning 12 million tokens, while Bitcoin ETFs recorded their highest inflows since January.

Recent trading indicates that Bitcoin’s volatility has decreased relative to stock indices. Ripple aims for RLUSD to be among the top stablecoins, with significant investor interest reflected in the inflows to ETFs.