GBP trades firmly against US Dollar

Franklin Templeton’s bullish XRP comment sparks widespread debate in finance. Critics question XRP’s utility despite Franklin Templeton’s optimistic endorsement. Major asset managers divided over XRP’s role in financial infrastructure. Franklin Templeton, one of the largest asset management firms with $1.7 trillion in assets, recently made a bold statement regarding XRP. David Mann, Head of ETF Product and Capital Markets at Franklin Templeton, described XRP as playing a “foundational role in global settlement infrastructure,” highlighting the growing belief that XRP could be integral to transforming global payment systems. Nate Geraci, the co-founder of ETF Institute, highlighted this update, pointing out that such a comment from a major player like Franklin Templeton signals XRP’s potential importance in future financial structures. As institutions increasingly explore blockchain’s role in traditional finance, Franklin Templeton’s endorsement positions XRP as a key asset in the evolving digital economy. Meanwhile, the comment has ignited widespread discussions across the financial sector, with some supporting the bullish outlook and others questioning the actual utility of XRP. $1.7tril asset manager Franklin Templeton says xrp “plays a foundational role in global settlement infrastructure”… Will be highly interesting to see how world’s largest asset managers draw battle lines around various crypto assets. BlackRock sitting out xrp ETFs, for example. pic.twitter.com/jG1q3ZyWcF — Nate Geraci (@NateGeraci) November 25, 2025 Also Read: Big Moneys Are Positioning Early in XRP, Here’s What’s Happening Mixed Reactions: Supporters and Critics Weigh In The comment from Franklin Templeton has sparked a range of reactions, with many questioning the true significance of XRP. VanEck’s Head of Digital Asset Research, Mathew Sigel, mocked the comment, pointing out that major financial firms like BlackRock and VanEck have opted not to engage with XRP ETFs. This highlights skepticism about XRP’s ability to truly revolutionize the global financial system, especially when some of the largest asset managers in the world have chosen not to participate. Guoyu RWA, however, offered a more strategic take, suggesting that the differing positions on XRP could signal the start of “geopolitical ETF wars.” Guoyu noted that Franklin Templeton’s endorsement and BlackRock’s hesitance might be part of a larger, unspoken competition among financial giants. This view hints at deeper industry dynamics beyond just market movements, suggesting that major players are positioning themselves based on unseen strategies. Criticism: XRP’s Real-World Utility Under Scrutiny Despite the support, criticisms of XRP have also been vocal. Fishy Catfish criticized XRPL for its limited adoption, citing its low TVL ranking and modest decentralized exchange volume of $10 million per day. Catfish also pointed out that Ripple itself issued a significant portion of its RLUSD stablecoin on Ethereum, rather than XRP’s own network, calling into question the token’s practical use. PerpFiend went further, labeling Franklin Templeton’s statement as “fraud” and accusing the firm of misrepresenting XRP’s role in global settlement infrastructure. This criticism is shared by VanEck’s Head of Digital Asset Research, who also questioned the real-world utility of XRP and whether it can truly live up to Franklin Templeton’s optimistic outlook. With such divided opinions, Franklin Templeton’s bullish statement about XRP has become a flashpoint in the ongoing debate over the cryptocurrency’s future in global finance. The mixed reactions highlight the uncertainty surrounding XRP’s place in the evolving digital economy. Also Read: South Korea’s Cryptocurrency Tax Plan Faces Further Delays Amid Unresolved Issues The post Trending: Franklin Templeton’s Bullish Comment on XRP Sparks Mixed Reactions appeared first on 36Crypto.

The post Klarna Launches Its Stablecoin— How Will It Change Payments? appeared on BitcoinEthereumNews.com. Klarna has launched its first stablecoin, KlarnaUSD, marking a major shift for the global digital bank and BNPL provider.  Klarna becomes the first regulated payments provider to launch a stablecoin on Tempo, a payments-focused blockchain developed by Stripe and Paradigm. The firm says the move could help reduce the world’s $120 billion annual cross-border payment fees. Sponsored Sponsored Understanding KlarnaUSD KlarnaUSD is a US-dollar-backed stablecoin issued through Open Issuance by Bridge. It’s a Stripe company that handles compliance, reserve management, and redemption.  Klarna gains a branded digital asset while avoiding the operational burden of running its own stablecoin program. Introducing KlarnaUSD, our first @Stablecoin. We’re the first bank to launch on @tempo, the payments blockchain by @stripe and @paradigm. With stablecoin transactions already at $27T a year, we’re bringing faster, cheaper cross-border payments to our 114M customers. Crypto is… — Klarna (@Klarna) November 25, 2025 The launch follows new data from McKinsey showing stablecoin transactions have reached $27 trillion a year. The firm plans to integrate KlarnaUSD across its network, which processes $112 billion in GMV for 114 million users. The token is built for payments, not trading. KlarnaUSD runs on Tempo’s testnet today with a planned mainnet launch in 2026. Tempo offers fast settlement, high throughput, and low fees. “Crypto is finally at a stage where it is fast, low-cost, secure, and built for scale. This is the beginning of Klarna in crypto, and I’m excited to work with Stripe and Tempo to continue to shape the future of payments,” said Sebastian Siemiatkowski, co-founder and CEO of Klarna. Sponsored Sponsored How KlarnaUSD Will Work Klarna plans to use the stablecoin inside its own payment stack before offering public access. Initial uses include merchant payouts, cross-border settlement, refunds, and internal funding flows.  These processes currently rely on slow correspondent-banking systems…

A gripping tale of deception has captured the media’s spotlight, especially in foreign outlets, centering on a cryptocurrency fraud case from Denver, Colorado. Eli Regalado, a pastor, alongside his wife Kaitlyn, was convicted, but what makes this case particularly intriguing is their unconventional defense.Continue Reading:Pastor Involved in High-Stakes Crypto Fraud