Ripple has decreased the circulating supply of its RLUSD stablecoin on the Ethereum network to about $692 million, down from a peak of $1.24 billion in February. This reduction is due to ongoing token burns, with $115.4 million burned and $49.3 million minted in the past week. Meanwhile, RLUSD supply on the XRP Ledger has grown significantly, surpassing Ethereum's supply for the first time, reaching about $800 million. Ripple also recently received a Crypto Asset Service Provider license in Luxembourg, confirming its compliance with European regulations and enabling broader institutional use of XRP and RLUSD across the European Economic Area.
XRP is showing signs of a major breakout, trading within a key accumulation zone between $0.70 and $1.10, where previous rallies began. Technical indicators like the higher-timeframe MACD suggest bullish momentum, while derivatives data shows reduced...
Bitcoin price surged above $64,000, approaching the key $65,000 resistance after U.S. President Donald Trump indicated Iran had reached out for possible talks, easing geopolitical tensions. This lifted risk appetite across markets, with Bitcoin futur...
XRP remains steady around $1.10 despite a $7.29 million net outflow from ETFs, threatening a nine-week inflow streak. The streak, which brought $1.48 billion in cumulative inflows, may end soon, signaling a shift in investor sentiment. Meanwhile, Rip...
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 fa...
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...
