Ripple is introducing its dollar-backed stablecoin RLUSD to the Turkish market through partnerships with local platforms BiLira, Bitexen, and Bitlo. RLUSD, launched in late 2024 and valued at about $1.7 billion, is targeted for payments, tokenization, and collateral uses amid Turkey's inflation and currency volatility. Additionally, Istanbul Technical University will join Ripple's University Blockchain Research Initiative, supported by RLUSD funding, to advance blockchain research and education. This move taps into Turkey's large crypto market and growing demand for dollar-linked crypto products.
XRP withdrawal transactions on Binance have exceeded deposits for seven consecutive days, reaching the highest withdrawal share since June 2024 at 53.8%. This shift comes as XRP trades near recent lows around $1.10, signaling a change in exchange beh...
Shiba Inu (SHIB), XRP, and Bitcoin (BTC) are experiencing downward pressure with prices struggling to recover key support levels, indicating continued bearish trends. SHIB is below major moving averages and near critical support, XRP is failing to re...
XRP withdrawal transactions on Binance reached 53.8% on June 23, the highest since June 2024, while deposits fell to 46.1%, the lowest in about two years. Withdrawals have exceeded deposits for seven consecutive days, indicating a sustained shift in ...
SOIL is preparing to become the first application to utilize XRP Ledger's proposed native lending infrastructure enabled by the XLS-65 and XLS-66 amendments. These changes will introduce on-chain lending, liquidity pools, and yield products directly ...
XRP's price fell 3.8% to $1.09 on June 23, breaking below a key support level of $1.12 despite Ripple securing a Crypto Asset Service Provider license in Luxembourg. This license allows Ripple to expand in Europe ahead of new regulations, but the bro...
