The IMF's recent reports mention XRP Ledger and Stellar alongside Ethereum and Solana as public blockchains used by major banks for issuing regulated stablecoins, such as Société Générale's EUR CoinVertible. This signals growing institutional experimentation with permission-less blockchain networks. However, the IMF's October 2026 Global Financial Stability Report also warns of risks like liquidity and operational challenges in tokenization, emphasizing caution despite the expanding market valued at $65 billion. The IMF does not rank these blockchains but acknowledges their role in the evolving financial infrastructure.
As of Oct 09, 2026 01:41 WIB, XRP and Stellar, both highlighted by the IMF for their roles in institutional stablecoin issuance, are trading lower on Pluang with XRP down 4.11% at Rp24.334 and Stellar down 4.79% at Rp3.399. XRP's market cap stands at Rp1.529,92 trillion, reflecting significant investor interest despite the recent dip. This contrasts with the broader market's cautious stance on tokenization risks noted by the IMF.
XRP's price fell 6.42% over the past 24 hours, trading at $1.24 on Binance as of Oct. 29 evening, down from $1.29 four hours earlier. This decline triggered liquidations totaling $240,000 in longs and shorts across Binance, Bybit, and OKX within one ...
Stuart Alderoty, Ripple's Chief Legal Officer, submitted comments to the US Treasury advocating for stronger protections for stablecoin holders under the upcoming GENIUS Act rules, effective January 18, 2027. He supports the law's 100% reserve requir...
At Swell 2026, Ripple CEO Brad Garlinghouse announced a five-year goal for XRP to become a leading institutional standard for crypto transactions, prioritizing XRP when it suits the payment but also using fiat or Ripple USD when better. Ripple's busi...
Crypto analyst EGRAG CRYPTO highlighted a possible turning point for XRP after 11 consecutive red candles on a 3-day Heikin Ashi chart. The analyst suggests a first stage move to $1.48-$1.50, followed by a pullback to $1.13-$1.16 or $1.05-$1.07, with...
The XRP Ledger Foundation has officially added Flare Networks to its recommended validator list, giving Flare a formal role in validating transactions and voting on protocol changes within the XRP network. This move recognizes Flare's alignment with ...
