Ripple President Monica Long highlights a major shift in banking, describing it as a 'light switch flip' from pilot projects to full-scale issuance of tokenized assets on the XRP Ledger. Institutional demand has surged, fueling nearly $4 billion in on-chain assets, including stablecoins and commodity-backed funds. This shift is supported by new deals with platforms like ZILO and Licuido and regulatory approvals such as from the Central Bank of Ireland. Ripple aims to build a comprehensive digital asset ecosystem operating 24/7 on the XRP Ledger, signaling a significant move toward blockchain adoption in traditional finance.
The number of real-world asset (RWA) holders on the XRP Ledger has surged by over 25% in the past month as Ripple intensifies efforts to promote tokenization and institutional adoption on its blockchain. Ripple recently invested in companies to enhan...
XRP has surged 41.51% year-to-date to $1.08, with August seen as crucial due to the upcoming CLARITY Act vote and growing institutional adoption. Ripple's President Monica Long highlighted a shift toward 24/7 on-chain trading and increased institutio...
The GRAM token experienced sharp price swings after Apple temporarily removed Telegram from its App Store due to content violations, causing a brief 6% drop before recovery. Meanwhile, XRP holders can now borrow the RLUSD stablecoin using wrapped FXR...
Large XRP holders are moving millions of XRP off Binance, significantly reducing the exchange's supply. This trend suggests that whales are shifting their assets to private wallets or long-term storage, which could reduce selling pressure and tighten...
Ripple President Monica Long announced that financial institutions are transitioning tokenized assets from pilot projects to full production, increasing the need for operational infrastructure on public blockchains. Ripple invested in ZILO and Licuid...
