Ripple Mint officially launched on July 23, 2026, providing institutional users with software tools and a web interface to create, redeem, and manage Ripple USD (RLUSD). The platform supports automated operations via API and manual transaction management, targeting institutional payments, trading, and treasury workflows. RLUSD, a dollar-pegged stablecoin, was introduced in December 2024 and quickly rose into the top 10 stablecoins by market cap before Ripple Mint's release. This launch enhances Ripple's offerings for institutional digital asset management and payment solutions.
XRP, the native token of Ripple, is trading at Rp19.183 on Pluang as of Nov 11, 2026 18:21 WIB, showing a 2.27% decline in the past day. The market cap stands at Rp1.228,58 trillion with a 24-hour trading volume of Rp47,05 trillion. Pluang users currently show a balanced order activity with 56% buying and 44% selling, and the typical holding period is 73 days.
A trader named Michael announced he closed his short position on XRP at $1.22 and is now waiting for confirmation that the price has hit a bottom before buying again. He noted that XRP is currently at a key support level but did not confirm that the ...
Open interest in Solana's perpetual futures surged 4.55% to $832.5 million, the fastest gain among five major cryptocurrencies, indicating growing trader interest. Bitcoin's open interest also rose 3.06% to $7.41 billion, while Ether's declined sligh...
David Schwartz, former CTO of Ripple, has sold about 90% of his XRP holdings, reducing from 26 million to 3 million tokens due to decreased risk tolerance. He also cut his Bitcoin and Ethereum holdings significantly. Despite this, he still holds a su...
Ripple manages XRP supply through an escrow system that releases up to one billion XRP tokens each month. In November, Ripple released one billion XRP but returned 700 million, leaving 300 million XRP outside escrow. This process helps protect XRP's ...
Investor Lark Davis highlighted that Ripple USD (RLUSD), a stablecoin available on multiple blockchains including Ethereum, may not significantly increase institutional demand for XRP. Since RLUSD transactions on Ethereum don't require XRP, instituti...
