XRP's exchange reserves fell from about 2.74 billion to 2.7 billion XRP in one day, indicating over 35 million XRP were withdrawn from exchanges. This decline suggests increased buying activity by retail and institutional traders, even as XRP's price has been weak and volatile, recently dropping below $1.31. Traders appear to be buying the dip, anticipating a potential price breakout despite the ongoing market pressure. The exchange reserve drop highlights sustained demand for XRP amid challenging market conditions.
Japan's SBI VC Trade launched Ripple's RLUSD stablecoin for retail users with strict transaction limits, marking the first registered electronic payment instrument of its kind in Japan. Alongside this, SBI introduced JPYSC, an unlimited yen stablecoi...
XRP price has dropped to a crucial support level near $1.08 following a week of selling pressure despite Ripple's recent regulatory approval in Europe. The decline aligns with broader crypto market weakness, including Bitcoin's dip below $62,000 and ...
Ripple recently completed a milestone cross-border Treasury settlement with JPMorgan and Mastercard using its XRP Ledger, settling in under five seconds versus days on traditional rails. However, the transaction used RLUSD, Ripple's stablecoin, not X...
Ripple Prime CEO Mike Higgins revealed in a recent webinar that XRP and Ripple USD (RLUSD) are increasingly used as collateral by institutions seeking 24/7 capital mobility. He emphasized that the infrastructure to support this demand is already in p...
Security firm Halborn completed a re-audit of Ripple's XRP Ledger Lending Protocol, finding no critical or high-risk issues. The review focused on recent code changes related to fixed-term loans and Single Asset Vaults, confirming the protocol aligns...
