Ripple Prime announced a partnership with EDX Markets to provide unified access to spot and perpetual futures markets using the stablecoin Ripple USD (RLUSD) as the primary settlement asset. This move caters to institutional investors like Citadel Securities and Fidelity, who prefer stablecoins to minimize volatility, effectively sidelining Ripple's native token XRP from the main marketing narrative. While RLUSD serves as a regulated, dollar-backed stablecoin suitable for margin collateral, XRP remains a decentralized, untouchable bridge asset within Ripple's infrastructure. The shift highlights a strategic separation: RLUSD is favored for compliance and institutional use, while XRP retains its role as a core ledger bridge but is no longer the flagship asset for Wall Street.
ETF demand in crypto highlights two key altcoins: Solana (SOL) and XRP, each benefiting differently. SOL, linked to a broad smart contract ecosystem with staking and DeFi, may see stronger price gains from ETF inflows driven by growth narratives. XRP...
Ripple's XRP token is trading around $1.37 after stabilizing near $1.35 support, following a rejection at $1.50 earlier in May due to economic concerns like US inflation and geopolitical tensions. Exchange-traded funds tracking XRP have seen positive...
The U.S. Federal Reserve has proposed a new "payment account" framework, known as skinny master accounts, to allow crypto and fintech firms direct access to its payment and settlement systems. This move could benefit companies like Ripple, Circle, an...
Leading cryptocurrencies including Bitcoin, Ethereum, XRP, and Dogecoin surged following President Donald Trump's remarks on Iran, which eased geopolitical tensions. Bitcoin broke through the $78,000 resistance level with increased trading volume, wh...
Ripple Prime has integrated with EDX Markets and EDXM International, allowing institutional clients to access both spot and perpetual futures crypto liquidity on one platform. This integration simplifies trading by providing credit intermediation, ne...
