River has secured a strategic investment from Maelstrom Fund, founded by BitMEX's Arthur Hayes, to enhance its blockchain-based stablecoin system. This announcement propelled the River token to $19, marking a 600% increase over the week. The network's trading volume reached $2.6 billion, with Binance contracts alone accounting for over $1.4 billion in 24-hour trading, placing it among the top five by market capitalization. Additionally, satUSD, River's stablecoin, has integrated with more than 30 protocols and boasts a circulating supply exceeding $100 million.
River Token Soars 600% Following Investment from Arthur Hayes' Maelstrom Fund
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