BlackRock has introduced the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV) on the Solana blockchain, marking a significant step in integrating stablecoin reserves onchain. This move expands BlackRock's cash management strategy and offers investors new options for accessing money market funds in both traditional and digital markets. Some XRP community members expressed concern that BlackRock did not file to issue tokenized fund shares on the XRP Ledger, but attorney Bill Morgan clarified that Ripple continues to enable institutional tokenization and efficient trade settlements on its ledger. The development on Solana does not hinder Ripple's ongoing progress in scaling institutional tokenization and addressing market inefficiencies.
Russia's Moscow Exchange (MOEX) will launch perpetual futures contracts for XRP alongside Bitcoin, Ethereum, Solana, and TRON on September 22. These contracts, quoted in USD but settled in Russian rubles, allow qualified investors to gain price expos...
XRP price rose to $1.43, up 3.13% in 24 hours, with strong trading volume of $3.41 billion. Analysts highlight an inverse head-and-shoulders pattern forming, targeting a breakout above $1.55 that could trigger a 35% rally toward $2. Large holders hav...
Ripple recently burned 15 million RLUSD stablecoins, removing them permanently from circulation, following several large minting events earlier in September. Despite these supply fluctuations, RLUSD's market capitalization has grown from $1.74 billio...
XRP saw a 2% price increase after its integration with Stripe's payment tools launched on September 17, enabling AI-driven machine-to-machine payments through the Machine Payments Protocol. Trading volumes reached $2.8 billion, signaling strong activ...
Whale wallets have accumulated about 1.54 billion XRP tokens worth $2.2 billion in 96 hours, signaling strong investor confidence as XRP trades near $1.41. This large-scale buying reduces XRP's circulating supply, potentially supporting higher prices...
