Ripple is developing a new institutional lending system on the XRP Ledger to enter the tokenized private credit market, valued at over $10 billion. The system, built with Clearpool Finance and Cicada Partners, will offer loans in Ripple's regulated stablecoin RLUSD to real-world businesses, focusing on fintech and payment sectors. Lending transactions will run directly on XRPL using new protocol amendments, requiring XRP for transaction fees and wallet reserves, thus increasing XRP's utility. The system includes compliance features for institutional use, and its mainnet launch depends on validator approval through an amendment vote.
Ripple has minted an additional 900,000 RLUSD stablecoins amid a sharp rally in XRP price, which surged nearly 19% in the past 24 hours to a high of $1.24. This minting follows several large RLUSD issuances and burns, indicating active management of ...
XRP's price surged over 25% to an intraday high of $1.245 following months of steady accumulation by large holders, known as whales. This buying wave coincides with increased network activity and derivatives positioning, with XRP open interest on Bin...
XRP surged over 10% in its best week since the 2024 US election, climbing above $1.10 as Bitcoin rallied sharply due to a historic $2.7 billion short squeeze. Bitcoin's rapid rise from around $63,000 to highs near $71,750 forced massive short liquida...
XRP price surged about 16% in 24 hours to around $1.15, recovering from a recent low near $0.98. The token broke above a descending trendline that had capped gains since July 2025 and closed above its daily 50-day EMA for the first time in over three...
At a landmark crypto summit hosted by the White House, Ripple CEO Brad Garlinghouse emphasized that crypto is no longer fringe, with 67 million Americans holding cryptocurrencies, nearly one in four. President Trump reaffirmed the US as the 'crypto c...
