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Ripple CEO praises US Treasury Secretary Bessent as Ripple unveils new corporate crypto cash return service

29 Oct 2026, 05:30 WIB
Bitcoin
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Bullish
Ripple CEO praises US Treasury Secretary Bessent as Ripple unveils new corporate crypto cash return service

Ripple CEO Brad Garlinghouse praised US Treasury Secretary Scott Bessent for his leadership in supporting responsible crypto growth in the US during the Swell conference. Ripple introduced a new service called Ripple Treasury's 24/7 Returns, allowing corporate clients to earn returns on idle digital assets outside banking hours. The conference also highlighted Ripple's partnerships with Robinhood and BNY Mellon, along with the final approval of Ripple National Trust Bank. These developments signal growing institutional adoption and regulatory alignment in the US crypto market.

XRP, Ripple's digital asset, is trading at Rp23.445 on Pluang with a 1-day decline of 3.47% as of Oct 29, 2026 09:41 WIB. The market cap stands at Rp1.481,29 trillion, showing significant institutional interest. Pluang data also shows a balanced order activity with 56% buying and 44% selling, indicating steady investor engagement amid Ripple's expanding services.

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