SWIFT has launched a blockchain-based shared ledger to improve coordination of tokenized deposits across banks, but it still relies on traditional systems for final settlement, which can be slow. Ripple's XRP Ledger offers a solution by enabling near-instant settlement using XRP as a bridge asset, eliminating the need for pre-funded accounts and speeding up cross-border liquidity. Many banks involved in SWIFT's pilots already partner with Ripple, suggesting a future where SWIFT's ledger manages payment instructions while XRP handles settlement. This development underscores the growing demand for 24/7 real-time payments and validates XRP's role in modernizing global financial transfers.
XRP's derivatives market is experiencing the highest sell pressure of the year, even as open interest and whale-sized orders increase. This indicates a tug of war between buyers and sellers, with futures flow currently dominated by sellers. While XRP...
XRP's futures market is experiencing intense activity with both bulls and bears facing significant liquidations around the $1.43 to $1.60 price range. Binance traders are heavily leveraged, leading to over $13 million in liquidations in 24 hours, spl...
Rich, host of Common Sense Crypto, considers XRP trading above $3.40 a conservative estimate given upcoming regulatory decisions, tokenization growth, and potential ETF demand. He challenges market cap limits on XRP's price, emphasizing its role in p...
Ripple is urging the XRP Ledger community to withdraw the long-standing XChainBridge (XLS-38) amendment, which was designed to enable cross-chain bridging on the network. The company cites a lack of developer demand and the fact that Axelar's network...
21Shares has changed the pricing benchmark for its U.S. XRP exchange-traded fund (ETF) TOXR from the CME CF XRP-Dollar Reference Rate to the FTSE XRP Index, effective August 27. This change affects only the pricing methodology and does not alter the ...
