Investment
Features
FeesSafety
Academy
More
Pluang+

Ripple CEO highlights $11B gold transfer to show blockchain can speed asset ownership without moving gold.

Protocol Fundamentals
05 Sep 2026
Coinpaper
View Source
Bullish
Ripple CEO highlights $11B gold transfer to show blockchain can speed asset ownership without moving gold.

De Nederlandsche Bank recently relocated about 86 tonnes of gold from North America to London, but most of it was transferred by selling in New York and repurchasing in London, rather than physically moving the gold. Ripple CEO Brad Garlinghouse uses this $11 billion gold shuffle to argue that blockchain technology, like the XRP Ledger, can make asset ownership transfers faster by tokenizing assets, allowing ownership to change without moving the physical asset. Tokenized gold on the XRP Ledger has already seen over $1 million in trading volume, demonstrating a faster, programmable settlement layer compared to traditional methods that require physical custody and multiple intermediaries. This example shows how traditional finance already operates economically without moving assets, and tokenization aims to improve speed and efficiency.

More News (XRP)

XRP trading volume drops 79% despite a slight price rise, with $40M in long positions liquidated.

XRP trading volume drops 79% despite a slight price rise, with $40M in long positions liquidated.

XRP's trading volume on Binance fell sharply by 79% from October 8 to 10, dropping from $252.45 million to $54.12 million, even as its price recovered slightly by 1.6%. This volume decline followed a major liquidation event where over $40 million in ...

Market News
Bearish
5 hours ago
Standard Chartered offers custody for Ripple's RLUSD stablecoin in Dubai, plans collateral use with LMAX.

Standard Chartered offers custody for Ripple's RLUSD stablecoin in Dubai, plans collateral use with LMAX.

Standard Chartered's Dubai branch now provides regulated institutional custody for Ripple's RLUSD stablecoin on the XRP Ledger, allowing eligible clients to hold the dollar-pegged stablecoin securely. The bank is collaborating with Ripple and LMAX Gr...

Market News
Bullish
6 hours ago
XRP's AI-driven payments hit 13.9M transactions but with modest value amid market caution.

XRP's AI-driven payments hit 13.9M transactions but with modest value amid market caution.

In October 2026, AI agents on the XRP Ledger processed 13.9 million transactions across 196 merchants, marking a significant milestone in on-chain activity. However, despite the high volume, the total value of these AI-assisted payments remains relat...

Protocol Fundamentals
Bullish
6 hours ago
Evernorth appoints ex-Coinbase CIO to manage $672M XRP treasury ahead of Nasdaq listing

Evernorth appoints ex-Coinbase CIO to manage $672M XRP treasury ahead of Nasdaq listing

Evernorth has appointed Hugo Jeandesboz, former co-chief investment officer at Coinbase Asset Management, to oversee its $672 million XRP treasury. This move comes after Evernorth completed a SPAC merger and plans to list on Nasdaq. Jeandesboz will s...

Market News
Bullish
6 hours ago
Standard Chartered launches institutional custody for Ripple's RLUSD stablecoin with collateral integration via Ripple and LMAX.

Standard Chartered launches institutional custody for Ripple's RLUSD stablecoin with collateral integration via Ripple and LMAX.

Standard Chartered has introduced an institutional custody service for RLUSD, Ripple's dollar-pegged stablecoin, integrating collateral workflows with Ripple and LMAX. This service targets professional clients needing regulated, bank-grade custody li...

Market News
Bullish
7 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App