The U.S. Treasury has set January 18, 2027, as the effective date for the GENIUS Act, which will establish clear regulatory rules for stablecoins. This clarity benefits Ripple's RLUSD, a compliance-focused stablecoin fully backed by cash and U.S. Treasuries, potentially giving it a competitive edge as regulations tighten. The act aims to enhance transparency and oversight, encouraging institutional adoption of stablecoins for payments, trading, and DeFi. Ripple is also expanding RLUSD's ecosystem with tools like Ripple Mint and enabling XRP holders to borrow RLUSD without selling their holdings, positioning RLUSD for broader use as the regulatory framework solidifies.
Ripple's David Schwartz revealed that the private XRP Ledger hub has fully recovered from a severe 'manifest storm' attack in July that flooded the network with fake credentials. After emergency fixes, the hub now operates with stable connections, lo...
XRPL Labs announced that its RPC nodes can now process 30,000 messages per second, a major upgrade from the usual 1,500 transactions per second on the XRP Ledger mainnet. This improvement highlights ongoing efforts to enhance the network's speed and ...
Crypto analyst Dark Defender suggests XRP's price pattern resembles those before its major rallies in 2014 and 2017, indicating it might be ready for a significant move soon. This setup appears independent of the upcoming Sept. 15 Senate vote on the ...
Crypto analyst Dark Defender highlights that XRP's price pattern mirrors setups from 2014 and 2017, which preceded significant rallies. This suggests XRP could be primed for a major move regardless of the upcoming Sept. 15 Senate vote on the CLARITY ...
XRP experienced a 14% decline in open interest, falling from $558 million to $478 million, following $14.2 million in two-way liquidations that affected both long and short traders. Funding rates turned negative, ending a 14-session streak of positiv...
