BNY Mellon has expanded its digital asset custody platform to include XRP and Ripple's RLUSD stablecoin, allowing institutional clients to securely hold and manage these assets. This move builds on BNY's existing role as RLUSD's primary reserve custodian and aims to facilitate broader institutional adoption by integrating digital assets into traditional financial services. Ripple and BNY are also exploring tokenized trade finance applications on the XRP Ledger with partners like C2FO, aiming to improve payment and settlement efficiency, though these initiatives are still in the exploratory phase. The partnership enhances Ripple's strategy to connect blockchain-based settlement with institutional finance, but widespread adoption and impact will depend on future developments and actual usage.
Following BNY Mellon's expansion to custody XRP and RLUSD, XRP on Pluang is priced at Rp23.784 with a 1-day gain of 1.65% as of Oct 27, 2026 21:52 WIB. The market cap stands at Rp1.511,81 trillion, while trading volume over 24 hours reaches Rp28,86 trillion. Despite this, Pluang order activity shows a strong sell sentiment at 84%, with typical holders maintaining positions for about 72 days.
XRP whales, defined as wallets holding at least 10 million XRP, have increased their holdings to 46.87 billion tokens, representing about 73.99% of the circulating supply, the highest since November 2022. This accumulation comes despite a multi-year ...
Robinhood has expanded its partnership with Ripple by integrating Ripple Treasury into its global treasury operations, combining traditional and blockchain-based money management. The deal also introduces RLUSD, Ripple's USD-backed stablecoin, on Rob...
Hyperliquid has nearly matched XRP Ledger's stablecoin inflows, attracting $34.1 million compared to XRP's $34.4 million in 24 hours, signaling fierce competition in tokenized real-world assets. Ripple secured final approval for its national trust ba...
XRP's circulating market capitalization fell by about $61.14 billion year over year, a 42.6% decrease. This drop occurred despite an increase in circulating supply, as the price of XRP declined roughly 45.5%. The significant loss in market value high...
XRP gained nearly 2% on October 27, reaching a resistance level around $1.30 despite a generally weak cryptocurrency market. Meanwhile, Bitcoin's price fell below the $80,000 mark, reflecting broader market weakness. XRP's relative strength could sig...
