Ripple has moved 1,363,614.85 RLUSD stablecoins from the XRP Ledger to the Ethereum blockchain by burning the tokens on XRP and minting the same amount on Ethereum. This cross-chain repositioning likely aims to expand RLUSD liquidity across supported networks, reflecting Ripple's strategy to rebalance and grow the stablecoin's presence on Ethereum. The move signals a shift in where RLUSD liquidity is held rather than a change in total supply, potentially enhancing access and adoption on Ethereum.
The XRP Ledger has progressed toward launching its Smart Escrow feature by releasing the ninth Devnet update. This update includes a major backend shift from C++ to Rust for the WebAssembly virtual machine, boosting performance by 30-50%. Smart Escro...
Documents from financial institutions show XRP and Stellar Lumens (XLM) are categorized as specialized blockchain protocols designed for banks and institutional finance, unlike Bitcoin and Ethereum which serve broader public networks. These protocols...
The SEC and CFTC have jointly classified Bitcoin, Ether, Solana, Stellar, Tezos, and XRP as digital commodities, placing them under the Commodity Futures Trading Commission's regulatory oversight rather than the SEC's. This classification stems from ...
Ripple announced plans to move its customer payment volume onto the XRP Ledger (XRPL) by 2027 and to expand a pilot program using the ledger's decentralized exchange. At XRP Seoul 2026, Ripple's President Monica Long revealed a proposal to connect Ri...
Ripple announced plans to move customer payment volume onto the XRP Ledger (XRPL) in 2027, aiming to expand payment pilots and integrate lending pools funded by XRP. This would make XRP a source of income for businesses, beyond just transferring mone...
