Ripple's stablecoin RLUSD has expanded its total supply by over 50% to $2.4 billion and increased daily transaction volumes from $200 million to $750 million since January. The company targets corporate treasurers managing $13 trillion in annual transactions, aiming to capture a share of this market through its treasury management software and blockchain solutions. Ripple is also expanding RLUSD's presence across multiple blockchains and preparing a European rollout compliant with MiCA regulations, signaling strong growth potential beyond crypto trading.
XRP exchange-traded funds (ETFs) attracted a net inflow of $18.98 million this week, continuing a positive trend that reflects increasing institutional demand. September's inflows have already surpassed $14.86 million as of early September, following...
XRP is currently trading around $1.35, testing a critical support zone between $1.33 and $1.36 after a strong August rally. However, the price lacks strong bullish momentum as XRP Ledger activity has significantly declined, with transactions and acti...
Polymarket has named Warren Jenson, former CFO of Amazon and current Ripple board member, as its new chief financial officer to lead finance and capital strategy during its U.S. and global expansion. This move follows a significant funding round repo...
Bitcoin, Ethereum, and XRP are under pressure due to rising expectations of a Federal Reserve interest rate hike at the September 15-16 meeting, with an 86.5% chance of a 25 basis point increase. This would be the Fed's first rate hike in three years...
Ripple's product head Jazzi Cooper emphasized institutional credit as a major potential use case for XRP, driven by new lending features on the XRP Ledger (XRPL). The XRPL is introducing amendments XLS-65 and XLS-66, enabling pooled asset vaults and ...
