Ripple and its payment operations director Rene Huijsen are no longer listed as members of the Bank for International Settlements' (BIS) Cross-border Payments Interoperability and Extension (PIE) task force as of July 2024. The BIS has not disclosed when or why Ripple was removed. The PIE task force, established in 2023, advises on improving cross-border payment systems and supports the G20 roadmap for faster, more accessible international payments. This change does not imply BIS endorsement or rejection of Ripple's products, and a recent BIS paper separately explored using Ripple's XRP Ledger for verifying official statistics without linking to Ripple's task force status.
XRP is trading at Rp26.738 with a slight 1-day increase of 0.03% as of Sep 30, 2026, 12:02 WIB on Pluang. Despite Ripple's removal from the BIS Cross-border Payments task force, XRP maintains a strong market presence with a market cap of Rp1.683,14 trillion and a 24-hour trading volume of Rp78,68 trillion. The asset shows robust investor interest, with 74% of Pluang orders being buys and a typical hold time of 71 days.
Ripple confirmed it is no longer part of the Bank for International Settlements (BIS) cross-border payments task force it joined in 2023. This follows a BIS research paper on the XRP Ledger (XRPL) that raised questions about the choice of XRPL despit...
Brazil's Central Securities Depository, CSD BR, which manages over BRL 22 trillion in assets, has partnered with Ripple to mirror securities ownership data on the XRP Ledger. This integration involves real fund shares from BTG Pactual, a leading Lati...
XRP has surged more than 50% in value over the past month, currently trading around $1.51. This rally is supported by a significant increase in open interest, indicating growing investor activity and speculative interest. However, analysts warn cauti...
XRP is projected to rise by nearly 57% to $2.18 and potentially $2.56 based on Fibonacci retracement analysis by a Turkish crypto analyst. This potential surge comes amid sideways price action and ahead of two important XRP Ledger upgrades—XLS-56 and...
Ripple's XRP token fell sharply by 4.52% within four hours to $1.48 on September 29, extending a recent decline. The drop included notable long liquidations totaling $240,000 on major exchanges like Binance, Bybit, and OKX, while short liquidations w...
