SWIFT is developing a blockchain-based settlement system using tokenized bank deposits on Ethereum, but it does not incorporate XRP. This has reignited debate about XRP's value, with experts arguing that while tokenized deposits improve same-currency transfers, they do not solve the need for liquidity in currency conversion. XRP could still play a crucial role as a bridge asset to facilitate faster and more efficient cross-currency exchanges, addressing the inefficiencies of traditional correspondent banking. However, it remains uncertain if banks will adopt XRP given SWIFT's preference for controlled, institution-led solutions.
Rich, host of Common Sense Crypto, considers XRP trading above $3.40 a conservative estimate given upcoming regulatory decisions, tokenization growth, and potential ETF demand. He challenges market cap limits on XRP's price, emphasizing its role in p...
Ripple is urging the XRP Ledger community to withdraw the long-standing XChainBridge (XLS-38) amendment, which was designed to enable cross-chain bridging on the network. The company cites a lack of developer demand and the fact that Axelar's network...
21Shares has changed the pricing benchmark for its U.S. XRP exchange-traded fund (ETF) TOXR from the CME CF XRP-Dollar Reference Rate to the FTSE XRP Index, effective August 27. This change affects only the pricing methodology and does not alter the ...
Despite record $1.566 billion inflows into XRP ETFs, XRP's price has pulled back, showing a supply-demand imbalance and cautious investor sentiment. Institutional interest remains, but price fluctuations are driven by ETF flows, whale accumulation, a...
As XRP's price surged to $1.5, AI agents on the XRP Ledger shifted their on-chain transactions towards Ripple's USD stablecoin, RLUSD, increasing its volume by 103% over seven days. This move helps AI systems hedge against XRP's price volatility, mai...
