Ripple and Bitso have integrated Bitso's MXNB stablecoin and Ripple's RLUSD stablecoin on the XRP Ledger to enhance cross-border payments between the US and Mexico. This collaboration aims to provide regulated, onchain liquidity for enterprises, improving access to peso and dollar liquidity and enabling faster settlement flows. The initiative targets institutional clients and leverages XRP Ledger's Permissioned DEX for a controlled, efficient settlement environment. This move supports Ripple's broader strategy to connect traditional payment systems with digital asset liquidity in Latin America.
XRP surged 3.3% to $1.14 on its highest trading volume in weeks, breaking resistance near $1.12. This rally is supported by Ripple's expansion of regulated cross-border payments, including Bitso's MXN-backed stablecoin on the XRP Ledger. Traders are ...
The XRP Ledger recorded less than $400 in daily fees, with about 327 XRP burned in 24 hours, reflecting low transaction value despite processing over one million transactions daily. Its fixed fee model of 0.00001 XRP per transaction keeps costs minim...
Ripple CEO Brad Garlinghouse publicly criticized JPMorgan CEO Jamie Dimon’s stance on the CLARITY Act, a bill aimed at clarifying U.S. crypto regulations. Dimon argued the bill could weaken compliance and increase fraud risks, while Garlinghouse accu...
Ripple CEO Brad Garlinghouse criticized JPMorgan CEO Jamie Dimon for misrepresenting the Clarity Act, a bill aiming to set clear rules for the U.S. crypto market. Garlinghouse argued the bill would enhance regulatory clarity rather than reduce compli...
XRP recently triggered a TD Sequential buy signal on its 3-day chart, suggesting a short-term price rebound. However, large holders (whales) have sold about 60 million XRP in the past week, indicating weak support for a sustained rally. Prediction ma...
