Brazil's Central Securities Depository, CSD BR, which manages over BRL 22 trillion in assets, has partnered with Ripple to mirror securities ownership data on the XRP Ledger. This integration involves real fund shares from BTG Pactual, a leading Latin American investment bank, and maintains the depository as the official record holder without changing investor processes or legal frameworks. The project uses XRPL's Multi-Purpose Token standard and Ripple Custody for security, operating fully within existing regulations. Future plans include native asset issuance and peer-to-peer trading on the blockchain, expanding to other asset classes like real estate and agribusiness receivables certificates.
The partnership between Brazil's CSD BR and Ripple to use the XRP Ledger for securities records highlights growing blockchain adoption in traditional finance. On Pluang, XRP trades at Rp26.848 with a market cap of Rp1.690,74 trillion as of Sep 30, 2026, 09:31 WIB. XRP's price rose 1.51% in the last day, with a 74% buy order activity and an average hold time of 71 days, showing steady investor interest in the token.
XRP has surged more than 50% in value over the past month, currently trading around $1.51. This rally is supported by a significant increase in open interest, indicating growing investor activity and speculative interest. However, analysts warn cauti...
XRP is projected to rise by nearly 57% to $2.18 and potentially $2.56 based on Fibonacci retracement analysis by a Turkish crypto analyst. This potential surge comes amid sideways price action and ahead of two important XRP Ledger upgrades—XLS-56 and...
Ripple's XRP token fell sharply by 4.52% within four hours to $1.48 on September 29, extending a recent decline. The drop included notable long liquidations totaling $240,000 on major exchanges like Binance, Bybit, and OKX, while short liquidations w...
Ripple's cryptocurrency XRP experienced a sharp decline of 2.71% within one hour, falling from $1.55 to $1.51 on September 29. This drop occurred despite XRP still being up 1.14% compared to 24 hours earlier. The decline coincided with liquidations t...
Bitwise has purchased XRP for three consecutive days, indicating a consistent institutional buying trend. This steady accumulation highlights growing confidence from institutional investors in Ripple's digital token. The continued buying streak may s...
