Key Highlights: Autonomous artificial intelligence agents have completed over 14.3 million transactions across 169 registered merchants on the XRP Ledger. RippleX Head of Engineering J. Ayo Akinyele reported that over 13 million agent payments moved through the x402 protocol, accounting for roughly 25% of all network activity. Despite the massive volume of operations, cumulative financial ...
Key Highlights: Ripple has partnered with Stripe-owned digital wallet infrastructure firm Privy to enhance the XRP Ledger (XRPL). Privy’s embedded wallet technology will allow users to transact in XRP, RLUSD, and other digital assets without directly managing private keys or recovery seed phrases. Developers can programmatically generate and manage XRPL wallets, while end users retain ...
Key Highlights: Santiment’s analysis reveals that the growth of Ripple’s stablecoin, RLUSD, does not directly correlate with price increases for XRP. Financial institutions can leverage RLUSD across multiple blockchains for payments and collateral without needing to buy or hold XRP directly. Long-term XRP valuation depends primarily on institutional XRP Ledger (XRPL) transaction activity, liquidity growth, ...
Key Highlights: Standard Chartered is rolling out custody services for Ripple’s RLUSD stablecoin via its DFSA-regulated Dubai International Financial Centre (DIFC) branch. A collateral mirroring model with institutional trading operator LMAX Group will permit institutions to leverage RLUSD holdings for trading without transferring underlying tokens off the bank’s balance sheet. The initiative builds upon a ...
Key Highlights Evernorth completed a public market transaction backed by roughly 473 million XRP and approximately $300 million in gross cash proceeds before expenses. Led by Founder and CEO Asheesh Birla, the firm aims to boost XRP-per-share metrics using institutional and decentralized finance yield strategies alongside blockchain infrastructure investments. The public debut features a Nasdaq ...
Key Highlights: Standard Chartered is expanding its institutional digital asset custody services to support Ripple’s USD-pegged stablecoin, RLUSD, specifically on the XRP Ledger. Through a planned collaboration with LMAX Group, clients will be able to utilize RLUSD as margin collateral via an off-exchange “collateral mirroring” structure. The collateral mirroring model ensures that assets remain safeguarded ...
Key Highlights: Ripple is advancing efforts to establish its $RLUSD stablecoin as a key settlement and collateral asset across institutional trading systems. Following a $150 million financing deal with LMAX in January, Ripple aims to integrate $RLUSD directly into collateral infrastructure rather than restricting it to spot settlement. Global banking giant Standard Chartered continues its ...
Key Highlights: Standard Chartered provides digital asset custody services to eligible corporate clients via its Dubai International Financial Centre (DIFC) branch. The bank is collaborating with Ripple and LMAX Group to enable Ripple’s $RLUSD stablecoin to serve as collateral under its Collateral Mirroring model. The initiative allows institutional investors to access trading liquidity and mitigate ...
Key Highlights Evernorth is scheduled to begin trading on the Nasdaq under the reassigned ticker symbol XRPN on October 12, following a brief administrative delay. Backed by prominent industry players including Ripple, SBI Group, and Pantera Capital, Evernorth aims to increase XRP per share through institutional and decentralized finance strategies. A celebratory campaign featuring artist ...
Key Highlights: Ripple CEO Brad Garlinghouse confirmed his substantial personal holding in $XRP, citing Rippleās execution and rising institutional adoption as primary drivers. Garlinghouse underscored a diversified crypto portfolio that includes Bitcoin, Ethereum, and Solana, rejecting token maximalism while positioning $XRP as Ripple’s “North Star.” Ecosystem utility continues to expand across institutional treasury management, supported ...
Key Highlights A critical 64-bit integer overflow vulnerability reported via the XRP Ledger bug bounty program could have allowed malicious actors to generate and extract billions of unauthorized XRP. Security controls designed to prevent the unauthorized creation of XRP were bypassed during testing by using hundreds of specially crafted buy and sell orders within a ...
Key Highlights: Evernorth has finalized its business combination with Armada, setting its public market debut for October 12, followed by a Nasdaq closing bell ceremony on October 14. Led by former Ripple senior executive Birla, the company is deploying a corporate treasury strategy focused on accumulating XRP, institutional lending, liquidity provision, and onchain credit markets. ...