Ripple has integrated the XRP Ledger and its stablecoin RLUSD with the x402 payment standard, enabling AI agents to make autonomous on-chain payments without human involvement. The x402 standard revives the HTTP 402 Payment Required status code to facilitate micropayments per API call, suited for machine-to-machine transactions. Ripple positions RLUSD as the primary settlement asset while XRP benefits from transaction fees and liquidity roles. The success depends on widespread adoption of machine payments and Ripple's ability to capture enterprise flows amid competition from other networks and payment giants. This move aligns with Ripple's strategy to provide compliant, institutional payment infrastructure for emerging AI-driven commerce.
SWIFT has introduced a blockchain-based shared ledger, entering pilot testing with 17 major global banks to enhance 24/7 tokenized cross-border payments. The platform improves payment coordination, liquidity management, and asset recognition but does...
Tom Zschach, former SWIFT Chief Innovation Officer, has denied rumors that SWIFT plans to integrate or support XRP in its global financial messaging network. While SWIFT is developing a blockchain-based payment system focusing on tokenized bank depos...
XRP has seen a significant drop in open interest (OI) from over $1 billion in May to around $773.5 million, indicating reduced trader activity and lower demand. Binance's XRP reserves also fell, suggesting less selling pressure but no strong buying i...
XRP surged past the $1.10 resistance level, gaining 1.8% to reach $1.1065 on increased trading volume, signaling renewed retail interest as futures open interest rose to 2.14 billion XRP. Despite this, institutional investors remain cautious, with sp...
Tom Zschach, former Chief Innovation Officer at SWIFT, has firmly denied rumors that SWIFT plans to integrate or support the Ripple-linked cryptocurrency XRP. The speculation arose from claims that SWIFT would collaborate with public tokens like XRP ...
