Ripple's dollar-backed stablecoin RLUSD had a landmark July marked by the launch of Ripple Mint, a platform for easy stablecoin management, and strategic partnerships including integration with Notabene's B2B payments network. RLUSD expanded its presence on major exchanges like Mobee and Upbit Global, boosting liquidity and adoption, especially in South Korea. Additionally, Ripple introduced AI-powered payments enabling autonomous agents to transact using RLUSD, and deepened institutional ties with BNY Mellon testing after-hours settlements. These developments position RLUSD as a key settlement asset for enterprise finance and the emerging digital economy.
Japanese financial institutions see long-term potential in XRP but hesitate to invest first, creating a 'chicken-and-egg' dilemma where no one wants to lead without broader adoption. Evernorth COO Meg Nakamura highlights that this cautious approach a...
XRP Ledger developers released xrpld version 3.2.1 as a hotfix after a manifest flood attack on July 31 threatened node resources by overwhelming them with unknown validator data. The update introduces four safeguards to limit manifest size, message ...
Ripple's dollar-backed stablecoin RLUSD had a landmark July with the launch of Ripple Mint, a platform for institutions to manage RLUSD easily. The stablecoin expanded its reach through new exchange listings in South Korea and partnerships with firms...
XRP is trading around $1 as investors anticipate two major events: an upcoming XRPL software upgrade aimed at improving enterprise usability, and a U.S. Senate vote on the CLARITY Act that could classify XRP as a digital commodity under CFTC oversigh...
Ripple unlocked 1 billion XRP tokens worth over $1.06 billion, raising concerns about increased market supply. Despite this, XRP maintained its $1.05 support level, with buyers defending against further price drops. Exchange inflows turned positive, ...
