XRP is trading near $1.34 amid growing interest in its use as collateral for institutional credit, a use case highlighted by RippleX's Head of Product, Jazzi Cooper. This narrative links XRP to lending beyond cross-border payments, though key protocol upgrades (XLS-65 and XLS-66) enabling on-chain lending are still awaiting validator approval and are not yet active on the mainnet. Analyst Ali Martinez identifies a support zone between $1.31-$1.35 and a breakout confirmation level at $1.38, with a potential price target of $1.60 if the breakout occurs. Despite the promising institutional credit story, XRP's price movement still depends on technical confirmations and the activation of lending features on the XRP Ledger.
Bitcoin, Ethereum, and XRP are maintaining stable prices as the Federal Reserve's September 16 meeting approaches, despite rising Treasury yields nearing 5%. This resilience suggests the crypto market may be adapting to a higher interest rate environ...
Ripple has identified corporate treasury clients handling about $13 trillion annually as a key growth opportunity for its $2.4 billion RLUSD stablecoin. RLUSD's supply has grown over 50% in a month, circulating mainly on Ethereum and the XRP Ledger. ...
RippleX's Head of Product, Jazzi Cooper, highlighted XRP as a promising collateral asset for institutional credit using the XRP Ledger's lending architecture (XLS-65 and XLS-66). This approach would allow institutions to borrow stablecoins like RLUSD...
Ripple has partnered with SettleMint to offer banks a unified platform combining custody, issuance, compliance, settlement, and servicing for tokenized assets. This integration aims to reduce the complexity banks face by replacing multiple vendors wi...
Ripple's stablecoin RLUSD saw a $14.4 million mint on the XRP Ledger, part of $39.4 million in mint-and-burn transactions across XRP Ledger and Ethereum. RLUSD's market cap rose to about $2.4 billion, with Ethereum holding a larger share of the suppl...
