Ripple CEO Brad Garlinghouse explained that Ripple uses XRP as a bridge asset between currency pairs to avoid converting payments through U.S. dollars, which can reduce costs. He noted that about half of Ripple's U.S. dollar-backed stablecoin, RLUSD, has been issued on the XRP Ledger. The XRP Ledger routes cross-currency payments through XRP when it is cost-effective and liquidity is sufficient. This approach offers flexible payment options tailored to customer needs, with Ripple also using fiat or RLUSD when XRP is not suitable for a transaction.
XRP is trading at Rp22.682 on Pluang as of Oct 30, 2026 17:32 WIB, down 3.35% in the last day. The market cap stands at Rp1.442,04 trillion with a 24-hour trading volume of Rp85,52 trillion. Buyer interest remains strong with 65% of order activity favoring buys, and typical holders keep XRP for about 72 days on the platform.
XRP Ledger developers have proposed an upgrade called fixCleanup3_5_0 to close loopholes allowing restricted tokens to reach unapproved accounts. The amendment targets trust-line management, AMM pools, and transaction checks to ensure issuer approval...
Moody's assigned investment-grade A2 long-term and P-1 short-term ratings to Ripple's RLUSD stablecoin, which has a market cap over $2.5 billion. The stablecoin is backed by short-term US Treasury securities and aims for 103% reserve coverage, with r...
Ripple Payments has helped Water.org reduce international transaction fees by up to 66%, enabling faster same-day settlements in Mexico and Brazil. The nonprofit has transferred over $3.2 million across four markets using Ripple's blockchain infrastr...
XRP Ledger developers have proposed four security fixes under the amendment fixCleanup3_5_0 to prevent unauthorized holding of restricted tokens, addressing weaknesses in issuer-controlled permissions. These changes target tokens requiring issuer app...
Crypto analyst Steph Is Crypto highlighted that XRP must close above $1.31 on the daily chart to signal a potential breakout from a descending resistance line formed since Sept. 25. The analyst noted a bullish crossover developing on the MACD indicat...
