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Ripple Labs has initiated beta testing for ripple usd (RLUSD), a stablecoin pegged to the U.S. dollar, on both the XRP Ledger and Ethereum mainnets. The stablecoin is currently not available for public trading as it awaits regulatory approval. Ripple’s USD-Backed Stablecoin Enters Beta Phase Ripple usd or RLUSD, designed to maintain a 1:1 value … Read more
The XRP Ledger (XRPL) emerged as one of the top performers in July, buoyed by significant on-chain activity. The coin experienced a remarkable 35% monthly increase, driven by major whale transactions and robust network growth. Additionally, its social dominance has reached new heights, despite a mild retracement in its price. 
XRP Ledger, among one … Read more
Ripple invests $10 million in OpenEden’s tokenized T-bills initiative, marking a significant TradFi advancement on the XRPL. Go to Source
Ripple, a leading enterprise in blockchain and crypto solutions, and Archax, the UK’s first regulated digital asset exchange, have announced an extension to their existing collaboration on June 13, 2024. This partnership aims to bring hundreds of millions of dollars of tokenized real-world assets onto the XRP Ledger over the next year, positioning the XRPL … Read more
Ripple has completed its acquisition of Standard Custody & Trust Company, a regulated digital asset custodian. This acquisition, announced by Ripple earlier this year, involves a trust company regulated by the New York Department of Financial Services. It broadens Ripple’s portfolio of licenses, which now includes nearly 40 U.S. money transmitter licenses, a Major Payment … Read more
Ripple, the cryptocurrency services and payments company, has recently unveiled a local fund to support Brazil-based projects using XRP Ledger, the XRP asset blockchain. Julia Heitner, Program Manager of the XRPL Grants program, stated that Brazil was the first country where this strategy would be implemented, given the nation’s openness to blockchain initiatives. Ripple Launches … Read more
Ripple says the “in principle” approval will help scale its “On-Demand Liquidity,” the service it uses to source XRP liquidity to customers. Go to Source Powered by WPeMatico
The court case between SEC and Ripple Labs has been ongoing for nearly two and a half years, but a summary judgment ruling could be made any day. Go to Source Powered by WPeMatico
Learn what Wrapped XRP is and how to use wXRP on blockchains other than Ripple’s XRP Ledger. Go to Source Powered by WPeMatico
An AI chatbot alleged Ripple can secretly control its blockchain through an undisclosed backdoor in the network’s code and has been ridiculed by the firm’s CTO. Go to Source Powered by WPeMatico
