Ripple is strengthening its presence in Turkey, now ranked fifth globally in crypto adoption, by fully deploying its custody services with Garanti BBVA Kripto and launching its RLUSD stablecoin on local platforms BiLira, Bitlo, and Bitexen. Turkey's 2024 crypto law and 2026 custody regulations provide a licensed framework, allowing Ripple to offer bank-grade digital asset custody and regulated dollar-backed liquidity solutions amid currency pressure. This expansion highlights Turkey as a practical use case market where crypto is used for asset protection rather than speculation, supporting Ripple's broader tokenization and cross-border payment ambitions.
As of Oct 06, 2026 14:12 WIB, XRP trades at Rp26.762 on Pluang, showing a 1-day decline of 1.66%. The token holds a market cap of Rp1.689,05 trillion with a 24-hour trading volume of Rp34,67 trillion. Despite the recent drop, XRP maintains a balanced order activity on Pluang with 54% buy and 46% sell orders, and investors typically hold their positions for 71 days.
On October 5, US spot ETFs for Bitcoin and Solana experienced net outflows, while Ethereum ETFs saw net inflows, a reversal of the weekly trend where Bitcoin led inflows and Ethereum faced outflows. Over the week, Bitcoin ETFs gained $241.09 million,...
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 i...
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...
