Firelight, a DeFi insurance protocol, has launched coverage backed by 50.2 million XRP staked on the Flare network, totaling $115 million in coverage capacity. This new use of staked XRP enhances its utility within DeFi by protecting against smart-contract exploits and oracle failures. The development could increase XRP adoption and market confidence, with attention on reactions from Ripple, major financial firms, and regulatory bodies like the U.S. SEC. This move supports positive long-term prospects for XRP leading up to 2026.
XRP's market cap stands at Rp1.690,44 trillion with a 24-hour trading volume of Rp31,54 trillion on Pluang as of Oct 07, 2026 01:02 WIB. The token is priced at Rp26.965, showing a modest 0.83% gain in the last day. Despite a higher sell order activity of 65%, XRP maintains steady interest with a typical hold time of 71 days on the platform, highlighting ongoing engagement amid new developments like Firelight's DeFi insurance launch.
Ripple announced at the XRP Seoul event that it intends to launch a credit service in 2027 allowing customers to use XRP deposited in lending pools as collateral for short-term payment credit. However, the technical amendment enabling this, LendingPr...
Ripple has extended its agreement with Brevan Howard, a fund manager with $35 billion under management, to provide multi-asset prime brokerage, clearing, and financing through Ripple Prime. This builds on their previous relationship, including Brevan...
XRP futures trading volume remained close to the highest levels seen in the past six months during September, with Binance leading the market at $32.36 billion in volume. Other major exchanges like Bybit and OKX also reported strong activity, indicat...
Ripple has broadened its partnership with global investment firm Brevan Howard by offering multi-asset prime brokerage, clearing, and financing services through Ripple Prime. This expanded agreement allows Brevan Howard to access Ripple Prime's cross...
Brevan Howard, managing about $35 billion in assets, is increasing its use of Ripple Prime for brokerage, clearing, and financing services across digital and traditional markets. Ripple Prime, developed after Ripple's $1.25 billion acquisition of Hid...
