Ripple is expanding its XRP ecosystem globally, with Rakuten Wallet users in Japan converting points to XRP and Hana Financial TI in Korea testing a won stablecoin on the XRP Ledger. Ripple's native stablecoin RLUSD has grown over 10% this month, reaching a $1.6 billion supply high, reflecting real-world TradFi use cases. Technically, XRP shows a bullish setup with low leverage and strong institutional demand, supported by $81 million ETF inflows in April. The advancing CLARITY Act in the US Senate could further boost XRP's position as a top crypto asset, leveraging its growing presence in Asian markets and solid fundamentals.
XRP's price remains around $1.30 despite traders being heavily underwater, with an average loss of about 47% over the past 30 days. The token's Market Value to Realized Value (MVRV) ratio is at its lowest since December 2020, indicating possible exha...
Ripple received conditional approval from the OCC to establish Ripple National Trust Bank, a key step toward federally regulated crypto banking in the U.S. This trust bank charter allows Ripple to custody stablecoin reserves under strict oversight, e...
Ripple has formally requested the U.S. Securities and Exchange Commission (SEC) to treat XRP the same as Bitcoin and Ethereum under capital regulation rules. The company proposes shifting from legacy asset classifications to a function-based regulato...
The XRP Ledger recorded its sixth-largest exchange outflow this year with 34.94 million XRP moved off centralized platforms, signaling large investors may be accumulating via private storage. Analyst Javon Marks highlights XRP's strong technical stru...
Ripple has proposed a new regulatory framework to the SEC Crypto Task Force advocating for stablecoins like RLUSD to be treated as high-quality, cash-equivalent collateral under verified mint-and-burn structures. This would allow institutions to use ...
