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.
XRP has become the most traded cryptocurrency in South Korea, surpassing Bitcoin and Ethereum, driven by local developments including Kakao Bank's plan to deploy blockchain infrastructure by 2027 and interest from other banks like Woori and K Bank. T...
At the XRPL Seoul conference, Ripple President Monica Long forecasted a significant increase in Real-World Assets (RWAs) on the XRP Ledger, expecting growth from $6 billion to $30 billion. She also predicted a 10-fold rise in yearly transactions to 1...
ChatGPT forecasts XRP to likely trade between $1.75 and $2.05 by December 31, 2026, with a weighted average near $1.95 to $2.10. Key resistance lies at $1.60 to $1.70, and breaking above this could push XRP toward $2 or higher. Institutional demand f...
XRP traded weakly as bearish sentiment grew in crypto communities early October, with social data showing more negative than positive commentary. Despite the dip, technical analysts see potential for a short-term bounce toward $2, supported by chart ...
XRP has been facing resistance around $1.53 for seven weeks but is forming a descending triangle pattern on the 4-hour chart, signaling a potential breakout. Analyst Ali Martinez expects XRP to rally to $1.62 if it breaks above the triangle's hypoten...
