XRP Rallies 10% as Ripple’s Stablecoin Gets Regulatory Approval, CEO Garlinghouse Says
The approval is a necessary step towards the public launch of the RLUSD token, which is currently in test mode on Ethereum and XRP Ledger.
Ripple
Corporate Bitcoin Treasuries Are All the Rage. Now XRP?
Worksport, a Nasdaq-listed manufacturer of covers for pickup trucks, has decided to not only buy bitcoin for its corporate treasury, but also Ripple’s XRP.
XRP price and technical chart analysis
XRP performance over the past week and month is nothing short of spectacular, climbing 78.54% and 403.57%, respectively. With a … Continue reading
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XRP Holds Strong as Archax Unveils Tokenized Money Market Fund on XRP Ledger
Archax has provided access to Abrdn’s U.S. dollar Liquidity Fund (Lux) in tokenized form on XRPL.
Ripple will allocate $5 million into tokens on Abrdn’s Lux fund, part of a larger allocation to real-world assets (RWAs) on the XRPL.
XRP price jumped 6%, touching a high of $1.49 in the hours following the release, before paring gains in a market-wide drop.
Ripple v. SEC case update: November 1, 2024
Though the long-standing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC) appeared over in August, the … Continue reading
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Citibank Debanked Ripple’s Brad Garlinghouse Due to Crypto, Exec Says
The chief of Ripple, Brad Garlinghouse, recounted his own brush with the U.S. government’s pressure on banks to be wary of digital assets, saying Citi dumped him.
Aurum Launches $1B Tokenized Fund for Data Center Investments on XRP Ledger With Zoniqx
The vehicle will focus on data center investments across the U.S, United Arab Emirates, Saudi Arabia, India, and Europe, claiming to be the “world’s first combined equity and debt tokenized fund.”
Ripple Plans ‘Cross-Appeal’ in SEC Case
The SEC announced it was filing an appeal last week.
Ripple Expands Custody Business to Offer ‘Bank-Grade’ Service to Crypto Firms
The new features could allow companies to tokenize and manage real-world assets (RWAs) as well as other cryptocurrencies on XRP Ledger.
Ripple Partners With Brazilian Exchange Mercado Bitcoin to Offer Business-Focused Payments Solution
Mercado Bitcoin plans to offer its corporate and retail customers support for international payments, allowing users to transact with Brazilian Reais.