Ripple Prime Bags BBB Rating; Shiba Inu Burn Surges 2332% and ADA Eyes Mastercard

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Ripple Prime scores a credit-score coup

Ripple, that audacious upstart with more swagger than a London cabbie, has bagged a “BBB” investment-grade issuer rating for its freshly minted prime brokerage arm. A stamp of approval from Wall Street, that venerable old gentleman who still believes in balance sheets and monocles.

Ripple Prime, the company’s spry expansion into prime brokerage, has acquired the “BBB” rating from KBRA, a global rating agency with more credentials than a duchess at Ascot.

CEO Brad Garlinghouse says the rating is “a clear validation” of Ripple’s strength, reliability, and tech. “Momentum builds when markets recognize these things,” he quips, as if credit ratings were simply a new brand of hat.

A “BBB” rating means investment grade; big institutions will take notice, and pension funds and banks may be persuaded that Ripple can meet its financial commitments. The score should open the doors to a larger pool of Wall Street clients.

Shiba Inu: burn rate rockets to 2,332%

Shiba Inu’s supply continues to dwindle as the amount of SHIB tokens sent to the great beyond surpasses eight million in a single day across seven transactions-enough to make a cynic grin and a spreadsheet tingle.

Shiba Inu is back in the red after a few heroic attempts to reclaim past glories, but its network activity keeps climbing as burn events surge with rocket-like gusto.

As of Thursday, April 2, Shibburn-the faithful tracker of Shiba burn activity-reveals a 2,332% surge in the burn rate over the last 24 hours.

The day saw 8,216,135 SHIB sent to dead wallets across seven transactions. Value? About $49 at current prices, but the share of attention is what tickles the analyst’s fancy.

Cardano executive teases potential Mastercard partnership

EMURGO, Cardano’s commercial arm, is tiptoeing toward involvement in Mastercard’s Partner Program.

The CEO of EMURGO, Phillip Pon, hinted on X that EMURGO has been actively rubbing shoulders with Mastercard’s Asia-Pacific team, hoping to bring Cardano into the partner network.

The ambition is to ensure Cardano gets represented in Mastercard’s crypto initiatives.

For perspective, Mastercard has previously launched a Global Crypto Partner Program with 85 initial partners. The broader Cardano ecosystem wasn’t part of that first list, but EMURGO persists with its campaign to bring Cardano aboard.

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2026-04-04 01:53