On August 17, Ripple minted 10 million RLUSD stablecoins on the XRP Ledger, increasing the circulating supply to approximately 1.711 billion tokens with a market cap near $1.71 billion. This minting confirms token issuance but does not prove immediate market demand or new institutional investment, as tokens may remain in controlled accounts. The stablecoin is backed by U.S.-regulated reserves and managed under strict oversight, with monthly audits ensuring transparency. Ripple continues expanding institutional access to RLUSD through its Ripple Mint platform and partnerships, but the identity and intent behind this latest mint remain undisclosed. Future movements or burns of these tokens will clarify their market impact.
The XRP Ledger released version 3.3.0 featuring Confidential MPT, a privacy amendment that encrypts token balances and transfer amounts while keeping sender and receiver accounts visible. This opt-in feature targets institutional users by addressing ...
XRP is trading around $1 while futures open interest and trading volumes increase, with traders on Binance and OKX holding heavily leveraged long positions. Despite this bullish positioning, social media sentiment toward XRP has turned the most negat...
Bitcoin and XRP are under pressure after recent declines, trading near $63,000 and below $1 respectively. Key events this week include a White House meeting with crypto leaders, potential US regulatory moves like the Digital Asset Market Clarity Act,...
Derive now allows XRP holders to use FXRP as collateral for trading XRP options, perpetual futures, and spot trades, enabling self-custodial access to hedging and leveraged strategies. This integration settles XRP options in USDC, keeping XRP on the ...
This week is crucial for Bitcoin and XRP as four major events could influence their prices. President Trump will meet crypto leaders and US regulators, including SEC and CFTC heads, to discuss crypto regulation, particularly the stalled Digital Asset...
