Ripple has invested in Nigerian fintech Flutterwave during its $3.2 billion Series E funding round, integrating Ripple’s RLUSD stablecoin and XRP Ledger into Flutterwave’s payment network spanning 34 African countries. This partnership enables faster, cheaper cross-border remittances by using RLUSD as a settlement asset, bypassing traditional correspondent banks. The move aims to reduce remittance fees and foreign exchange risks in Africa, while expanding blockchain payment infrastructure. Challenges include regulatory uncertainties and technical complexities in unifying diverse markets.
Bitcoin increased by 0.98% to $82,522, while the total cryptocurrency market capitalization dropped 2.03% to $2.79 trillion. Major coins showed mixed performance: Ether rose 0.46%, XRP gained 1.01%, and BNB increased 0.94%, but Solana declined 0.57%....
The XRP Ledger (XRPL) has officially activated its Batch feature on the mainnet, supported by 30 of 35 validators, allowing users to bundle between two and eight transactions into one operation. This feature offers four execution modes, including an ...
Investors in XRP ETFs are currently experiencing an average unrealized loss of about 13% based on their aggregate cost basis. Although there have been significant inflows totaling $1.8 billion into these ETFs, the total value of XRP held is approxima...
XRP price has fallen below its 50-day moving average of $1.43, trading near $1.39 after a 7.6% drop over the past week. This decline comes as Evernorth prepares for its delayed Nasdaq listing scheduled for October 12, which could influence XRP tradin...
French analyst Egrag highlights XRP's past price zones where the cryptocurrency gained 500% or more, urging investors to accumulate during fear and distribute during euphoria. XRP is currently testing support around $1.32, with potential to reach $8....
