Ripple has expanded its partnership with Bitso by launching the MXNB stablecoin on the XRP Ledger, backed by the Mexican peso. This addition supports enterprise payments by enabling faster, regulated settlement between the US dollar and Mexican peso using Ripple’s Payments on Decentralized Exchange (DEX) infrastructure. The MXNB stablecoin works alongside Ripple’s RLUSD dollar stablecoin to improve liquidity and reduce delays in cross-border payments, targeting banks, payment providers, and corporate treasuries in Latin America. This move strengthens Ripple’s regional strategy by providing a compliant on-chain liquidity solution for large institutional payment flows between the US and Mexico.
Bitcoin trades near $63,021 and Ethereum at $1,660 as traders focus on support, resistance, and the 200-day moving average this weekend. Bitcoin dominance stands at 56.3%, influencing cautious position management amid lower weekend liquidity. Market ...
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 ...
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, impr...
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...
