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.
David Schwartz, Ripple's former CTO, stated that XRP could eventually overtake Bitcoin in market capitalization, but only if XRP's growth outpaces Bitcoin's rather than Bitcoin's value declining. He highlighted XRP Ledger's speed and functionality as...
In 2026, Ripple's stablecoin RLUSD grew by 1,278% to a $2.32 billion market cap, while XRP's price dropped 27% to around $1.39. Despite XRP Ledger's transaction volume rising 21%, institutional users prefer RLUSD for settlements due to its dollar peg...
Coinbase has been identified as the third-largest holder of XRP after blockchain data platforms labeled 146 previously unknown wallets as Coinbase-owned, totaling 5.5 billion XRP. This update corrected an earlier automated alert that mistakenly sugge...
21Shares, managing $11 billion in assets, clarified that Ripple does not control the XRP Ledger, which is a decentralized public blockchain with over 150 validators. They emphasized that Ripple, XRP, and the XRP Ledger are distinct entities, with Rip...
On September 8, XRP ETFs recorded $1.55 million in net inflows, standing out as the only crypto ETFs to attract new capital while Bitcoin, Ethereum, Solana, and Hyperliquid ETFs experienced outflows. Despite this daily lead, XRP's inflows are modest ...
