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XRP jumps 26% as Ripple backs RLUSD credit fund to boost institutional finance

Market News
21 Aug 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Ripple has announced support for an RLUSD credit fund, a stablecoin pegged to the US dollar, aimed at expanding its role in institutional finance. This move coincides with a 25.7% surge in XRP's price over the past week, reaching around $1.27. The backing of RLUSD aligns with Ripple's strategy to integrate its financial products into credit and lending markets, potentially driving further interest in XRP. Market watchers see a 5.6% chance of XRP hitting new all-time highs by the end of 2026, with upcoming developments and macroeconomic factors influencing its trajectory.

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