Ripple confirmed it is no longer part of the Bank for International Settlements (BIS) cross-border payments task force it joined in 2023. This follows a BIS research paper on the XRP Ledger (XRPL) that raised questions about the choice of XRPL despite its technical issues and why other blockchains like Ethereum or Bitcoin were not selected. Ripple holds significant XRP assets and commercial interests in XRPL, but the BIS clarified the research is not an endorsement. Ripple’s term on the task force has ended, and it currently has no partnerships with BIS or related groups. Unanswered questions remain about Ripple's involvement in the paper and the selection process for XRPL.
XRP has a market cap of Rp1.683,14 trillion and a 24-hour trading volume of Rp78,68 trillion on Pluang as of Sep 30, 2026 12:02 WIB. The price stands at Rp26.738 with a minimal 1-day change of +0.03%. Despite the news about Ripple's status with the BIS task force, XRP shows steady trading activity and a strong buy interest at 74% on Pluang, with typical holders keeping their positions for about 71 days.
Ripple and its payment operations director Rene Huijsen are no longer listed as members of the Bank for International Settlements' (BIS) Cross-border Payments Interoperability and Extension (PIE) task force as of July 2024. The BIS has not disclosed ...
Brazil's Central Securities Depository, CSD BR, which manages over BRL 22 trillion in assets, has partnered with Ripple to mirror securities ownership data on the XRP Ledger. This integration involves real fund shares from BTG Pactual, a leading Lati...
XRP has surged more than 50% in value over the past month, currently trading around $1.51. This rally is supported by a significant increase in open interest, indicating growing investor activity and speculative interest. However, analysts warn cauti...
XRP is projected to rise by nearly 57% to $2.18 and potentially $2.56 based on Fibonacci retracement analysis by a Turkish crypto analyst. This potential surge comes amid sideways price action and ahead of two important XRP Ledger upgrades—XLS-56 and...
Ripple's XRP token fell sharply by 4.52% within four hours to $1.48 on September 29, extending a recent decline. The drop included notable long liquidations totaling $240,000 on major exchanges like Binance, Bybit, and OKX, while short liquidations w...
