Ripple is promoting Türkiye as a significant growth market in crypto, citing nearly $200 billion in annual crypto transaction value under the country's regulatory framework. Ripple's dollar-backed stablecoin, RLUSD, became available to institutions in Türkiye in June 2026 through local platforms BiLira, Bitexen, and Bitlo. Additionally, Garanti BBVA Kripto partnered with Ripple and IBM to offer custody services for Bitcoin, Ether, and XRP, expanding access to over 14,000 users. Türkiye’s Capital Markets Board implemented crypto service-provider regulations in March 2025, supporting a regulated environment that drives demand for stablecoins like RLUSD as a practical tool for dollar-backed liquidity.
XRP, Ripple's token, is trading at Rp26.980 on Pluang as of Oct 06, 2026 08:32 WIB, down 1.23% in the last day. The token's market cap stands at Rp1.703,94 trillion with a 24-hour trading volume of Rp39,97 trillion. Despite the recent dip, XRP maintains a circulating supply of 63.1 billion out of 100 billion total tokens, with a balanced buy-sell order activity and a typical hold time of 71 days among Pluang users.
Ripple is expanding its presence in Turkey's nearly $200 billion annual crypto market by partnering with Garanti BBVA and local exchanges to offer regulated custody services and dollar-backed stablecoins like RLUSD. This move addresses demand for sec...
Veteran trader Peter Brandt highlighted a possible bullish cup-and-handle pattern forming on XRP's daily chart, suggesting a potential breakout above the $1.6572 resistance level. Currently trading around $1.5230, XRP would need to rise about 8.8% to...
David Schwartz, Ripple's CTO emeritus, criticized the use of fee revenue as a performance metric for blockchains, arguing it overlooks the cost burden on users who pay transaction fees. This came in response to a suggestion on social media to increas...
The XRP Ledger has progressed toward launching its Smart Escrow feature by releasing the ninth Devnet update. This update includes a major backend shift from C++ to Rust for the WebAssembly virtual machine, boosting performance by 30-50%. Smart Escro...
Documents from financial institutions show XRP and Stellar Lumens (XLM) are categorized as specialized blockchain protocols designed for banks and institutional finance, unlike Bitcoin and Ethereum which serve broader public networks. These protocols...
