Evernorth's chief business officer, Sagar Shah, explained that XRP and RLUSD serve different but complementary roles on the XRP Ledger. XRP acts as a neutral intermediary asset that routes trades and connects liquidity pools without issuer restrictions, while RLUSD is a regulated dollar-backed stablecoin used for stable pricing and fiat settlements. This distinction supports expanding on-chain finance by combining stablecoins like RLUSD with XRP's routing, collateral, and escrow functions. Evernorth's insights come amid growing institutional interest in XRP Ledger infrastructure and tokenized finance applications.
CME Group's XRP futures suite reached $62.87 billion in notional volume in its first year, reflecting growing institutional interest in regulated crypto derivatives. The product lineup includes futures, options, and spot-quoted futures, allowing prof...
A large trader executed a short strangle options trade on XRP, selling 1.5 million contracts each of $1.40 call and put options on May 21. This trade collected $224,500 in premiums, which the trader keeps if XRP remains near $1.40 through the June 26...
Binance experienced a net outflow of $46.15 million in USDT within one hour, indicating more stablecoins were withdrawn than deposited. This movement may reflect traders reallocating capital to other platforms or DeFi protocols rather than exiting cr...
Copper, a digital asset infrastructure provider, has added Ripple's U.S. dollar-pegged stablecoin RLUSD to its Stablecoin Rewards Program. This integration allows Copper's institutional clients to earn yield on RLUSD while securely holding the asset ...
Flare CEO Hugo Philion announced the FAssets v1.3 upgrade, which simplifies minting FXRP tokens on the XRP Ledger by enabling a single transaction mint-to-tag process. This update removes the need for direct exchange integrations and uses native XRP ...
