RippleX's Head of Product, Jazzi Cooper, highlighted XRP as a promising collateral asset for institutional credit using the XRP Ledger's lending architecture (XLS-65 and XLS-66). This approach would allow institutions to borrow stablecoins like RLUSD without selling XRP, similar to traditional collateral transformation. However, the lending protocols are still under development and require governance approval before full implementation. The system currently lacks automated collateral liquidation, meaning additional risk management structures are needed for XRP-backed loans. This development could make XRP a productive asset on institutional balance sheets rather than just a tradable token.
XRP has been facing resistance around $1.53 for seven weeks but is forming a descending triangle pattern on the 4-hour chart, signaling a potential breakout. Analyst Ali Martinez expects XRP to rally to $1.62 if it breaks above the triangle's hypoten...
Trader Peter Brandt highlights a possible cup-and-handle pattern forming on XRP's chart, suggesting a bullish continuation if XRP breaks above $1.6572. After recovering from lows near $1.00 in August to around $1.52, XRP has consolidated near $1.50, ...
The XRPL stablecoin market grew by 14.6% in one week, reaching about $1.33 billion as of October 3, driven mainly by Ripple's RLUSD stablecoin, which accounts for roughly 93% of the total value on the XRPL. RLUSD's circulation has surpassed $2.4 bill...
XRP is approaching a critical resistance level at $1.53, with analyst Ali Martinez noting that a four-hour close above this price could confirm a move toward $1.62, representing about 7% upside. Despite previous attempts to break above $1.50, XRP has...
Ripple announced plans to activate credit-related pilots by 2027 that use XRP tokens as collateral in lending-protocol liquidity pools to finance customer payments. This approach differs from XRP's usual role as a fast bridge asset, as collateralized...
