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The value of XRP has doubled, reaching $1.2 after a significant surge over the weekend.
Traders are optimistic due to bullish technical analysis and future market trends.
On November 18th, Tether announced that it will invest in Quantoz Payments to launch EURQ and USDQ electronic currency tokens (EMT) that comply with the MiCAR standard for the euro and the US dollar respectively. Tether has not disclosed the amount of its investment, and Quantoz will use Tether's Hadron asset tokenization platform.
Revolut, a prominent digital bank, has introduced a staking feature that enables users to temporarily lock funds to secure a cryptocurrency's network and earn rewards. The staking process is simple and easy to use, and currently supports six cryptocurrencies: Ethereum, Solana, Polkadot, Cardano, Tezos, and Polygon. The rewards for staking vary depending on the amount of crypto staked and the chosen cryptocurrency, with APYs ranging from 2.09% to 12.30%. However, some cryptocurrencies have lock-up periods before users can access their balances. Revolut users can stake Ethereum and receive their rewards daily after a waiting period of approximately 2 days, but must wait 10 days to access their balance once unstaked. Staking Solana on Revolut offers an APY of 5.25%, with rewards paid every 3 days after an initial waiting period of 3 days. Staking Polygon on Revolut offers an APY of up to 3.74%, with rewards paid daily after a 1-day warm-up period. Revolut staking is available in select countries within the EEA, with fees ranging from 15% to 35% depending on the token and the amount staked.
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