Ripple CEO Brad Garlinghouse highlighted the Dutch central bank's recent transfer of 86 tonnes of gold to illustrate how traditional financial systems rely heavily on physical location and custody, causing delays. He argued that cryptocurrencies offer a faster, cheaper, and more secure way to transfer value globally without physical movement. Garlinghouse compared this to Germany's four-year gold transfer process and emphasized that digital assets can improve financial infrastructure by eliminating location-based constraints. This discussion aligns with ongoing debates about crypto's potential to replace gold as a strategic reserve asset, with Binance's CZ noting that such a shift would take time due to established gold systems.
The XRP Ledger is close to activating the BatchV1_1 amendment, a significant upgrade that allows developers to bundle up to eight transactions into one. This feature, pending approval by over 80% of validators for two weeks, will simplify app develop...
On September 6, Ripple shifted 1,363,614.85 RLUSD (about $1.36 million) from the XRP Ledger to Ethereum by burning the tokens on XRPL and minting the same amount on Ethereum seconds later. This cross-chain supply transfer rebalanced liquidity without...
The XRP Ledger has surpassed 8 million funded accounts, lowering the XRP amount needed to rank in the top 10% of holders to around 3,333 XRP. This shift is due to the growing number of wallets, many holding small amounts, which dilutes the threshold ...
Bitcoin briefly rose above $80,000 but fell back below $79,000, maintaining a market cap near $1.6 trillion. Ethereum stayed under $2,500, while XRP hovered near $1.40. Several altcoins like Chainlink, TAO, and Worldcoin posted notable gains, with TA...
Ripple transferred 1.36 million RLUSD from the XRP Ledger to Ethereum, increasing Ethereum's RLUSD supply lead to about $350 million. Ethereum now holds roughly 57.3% of the total RLUSD supply, valued at $1.38 billion, compared to $1.03 billion on XR...
