Key Highlights The XRP Ledger bug-fix package, fixCleanup3_4_0, holds the exact 29 validator votes required to activate, with launch slated for around 09:34 UTC on Oct. 23. The update patches a loophole that could allow an account authorized solely to burn tokens to mint new ones under specific circumstances. Associated native lending protocol and vault ...
Key Highlights: The XRP Ledger possesses the scalability and speed required for sovereign banking and payment systems, though enterprise adoption faces operational hurdles. Institutional integration depends heavily on sufficient liquidity, cross-chain interoperability, regulatory compliance, and secure custody rather than raw network throughput alone. Increased institutional adoption of the XRPL does not inherently ensure a price ...
Key Highlights: Cross River has integrated Ripple’s dollar-backed stablecoin, RLUSD, into its proprietary Core Operating System (COS) API. Fintechs and financial institutions can now bridge traditional fiat rails—such as ACH, wires, and real-time payments—with XRP Ledger settlement times of three to five seconds. The initiative expands on Cross River’s digital asset offerings, positioning RLUSD as ...
Key Highlights: XRP remains down roughly 62.5% from its January 2018 peak of $3.55, trailing massive gains achieved by Bitcoin, Ethereum, and BNB over the same timeframe. A 63% expansion in circulating token supply from 38.7 billion to 63.1 billion has heavily diluted the asset’s per-token price despite a stable market capitalization. Lagging ETF and ...
Key Highlights: Cross River Bank has partnered with Ripple to incorporate the dollar-backed stablecoin RLUSD into its banking infrastructure. The strategic collaboration also encompasses financial transactions executed across the XRP Ledger (XRPL). The initiative expands the institutional utility of Ripple’s payment ecosystem and regulated digital asset solutions. Cross River Bank Partners with Ripple for Stablecoin ...
Key Highlights Cross River Bank has integrated Ripple’s blockchain infrastructure, leveraging the XRP Ledger and the RLUSD stablecoin for corporate payments. RLUSD boasts a reported market capitalization exceeding $2.5 billion, with over $1 billion minted directly on the XRP Ledger. While Cross River also serves Elon Musk’s X Money, no integration between X Money and ...
Key Highlights XRP trades roughly 4% below its 200-day Simple Moving Average (SMA) of $1.3665, placing the token beneath critical long-term resistance near $1.31. A technical rebound matching the 134.5% surge observed after the 2023 moving average defense would project XRP toward an approximate target of $3.20. Analysts emphasize that this historical scenario hinges on ...
Key Highlights: Ripple Prime has rolled out perpetual swap trading for real-world assets (RWAs), spanning stocks, metals, ETFs, energy, and foreign exchange. The contracts reference over 100 markets listed on Hyperliquid by Trade.xyz and operate continuously on a 24/7 basis, including weekends. Institutional market maker Virtu has already begun utilizing the offering, with Ripple Prime ...
Key Highlights Ripple is expanding its institutional footprint with the rollout of Ripple Prime, designed to deliver enhanced trading services to institutional clients. Market metrics currently reflect subdued trading volume and static price movement as market participants assess the long-term impact of Ripple’s enterprise offerings. Analysts point to institutional adoption, regulatory developments, and broader sentiment ...
Key Highlights: Ripple CTO David Schwartz and Cardano founder Charles Hoskinson engaged in playful banter over a photo featuring a provocative Sydney Sweeney billboard during Evernorth’s Nasdaq debut celebrations. Evernorth launched publicly under the ticker XRPN with 473 million $XRP held in its treasury and $300 million in gross cash proceeds, marking the milestone by ...
Key Highlights Meritz Securities has partnered with Ripple to integrate enterprise blockchain infrastructure into its domestic capital market operations. Major South Korean financial institutions, including Jeonbuk Bank, Kyobo Life Insurance, and Kbank, are adopting Ripple Payments and Ripple Custody across remittances, bond settlement, and digital asset wallets. The institutional wave aligns with the South Korean ...
Key Highlights Ripple has announced two new partnerships aimed at expanding services for global financial institutions, headlined by an alliance with brokerage platform DriveWealth. DriveWealth will integrate Ripple’s stablecoin infrastructure, utilizing RLUSD on the XRP Ledger for transaction settlements across Europe before expanding into the United States. The collaboration covers cross-border funding through Ripple Payments ...