Ripple's head of product, Jazzi Cooper, emphasized XRP's potential as collateral in institutional credit, calling it a 'killer use case.' This is supported by new XRP Ledger amendments XLS-65 and XLS-66, which enable on-chain lending and pooled asset vaults. These protocols are designed to facilitate fixed-term, uncollateralized loans with off-chain credit assessments, marking a significant step toward institutional finance on XRPL. The upcoming Lending Protocol v1.1 update will enhance these features, reflecting growing institutional interest and partnerships like Ripple's collaboration with ClearPool for expanding lending on the XRP Ledger.
The XRP Ledger has processed over 13 million AI-powered payments using the x402 protocol, with 168 registered merchants participating. This milestone reflects rapid growth since July, when the network first crossed 1 million such transactions. Automa...
XRP's price has remained stable around $1.39 for three days, while an important XRP Ledger amendment for cleanup is set to activate on October 23 after gaining majority validator support. However, the lending function, crucial to Ripple's 2027 busine...
Bitcoin is stable around $83,000 despite a 2% weekly drop, while major altcoins like Ethereum, Solana, and XRP face sharper declines of 5-10%. ETF outflows, rising US interest rates, and geopolitical tensions are pressuring the market. Key upcoming e...
On October 11, XRP's coin-margin long positions increased significantly by 12 percentage points to 78.32%, while Ethereum's long positions declined in both coin-margin and USDT-margin markets. Bitcoin and Solana also saw notable increases in long pos...
Ripple CEO Brad Garlinghouse expressed strong confidence in XRP, highlighting its fast transaction times, low costs, and growing adoption by financial institutions. He owns a significant amount of XRP but did not disclose specifics, and also holds Et...
