Dynamic NFTs on XRP Ledger are near approval, enabling post-mint updates with just one vote left. Multiple upgrades are underway, but debates grow over priorities like XChainBridge and restricted domain tools. The XRP Ledger is seeing significant changes, as there are currently four upgrades pending approval using the system’s process for amendments. Such adjustments come
Ripple holding 42.5 billion XRP means price growth isn’t optional—it’s tied to survival. Rising XRP price boosts liquidity, investor trust, and Ripple’s edge over traditional payment networks. Ripple’s recent developments and holdings are a clear indicator that a rise in the price of XRP is more than a priority—it may be a requirement. A recent
Following DFSA approval in March, Ripple is preparing to enhance cross-border payments along a $400 billion route in the UAE, leveraging its strong customer base in the Middle East. The company views its high-level engagements as pivotal for expanding its influence in the region’s rapidly growing digital economy. Monica Long, President of Ripple, met with
Ripple’s XRP recognized for speed and low-cost settlement by IIF in BIS consultation feedback. Despite RLUSD not being in the IIF report, Ripple’s global payment expansion continues through real-world use. Ripple‘s XRP has been named by the Institute of International Finance (IIF) as a feasible choice for international payments in its recent response to a
With a massive rise in the price value of XRP, the native digital currency of Ripple has also seen significant growth in its market capitalization jumping high to $153 billion slightly more than Tether’s market capitalization. This helped XRP overtake Tether’s USDT and take the third position in terms of market cap, as per data
The native digital currency of Ripple and its cross-border payments network have started receiving global recognition after its win over the US Securities Exchange Commission. The Institute of International Finance (IIF) has mentioned XRP and Ripple in its response to BIS on cross-border payments. IIF Considers XRP Cheaper And Faster For Global Payments According to
On December 17, 2024, Ripple introduced RLUSD, its own stablecoin project, into the stablecoin market. RLUSD highly prioritizes cross-border payments and regulatory compliance, making it a credible USDT competitor within the market. According to data from DeFiLlama, an open-source analytics platform, the stablecoin market’s total market capitalization is $242.93 billion. The market cap has risen by $1 billion in the last
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a vigorous dissent, US Securities and Exchange Commissioner (SEC) Caroline Crenshaw has publicly condemned the recent settlement agreement between the agency and Ripple Labs, along with its executives. Ripple’s Legal Victory The settlement, announced on Thursday, follows a lengthy legal battle
A massive transaction involving XRP has just happened as per the famous blockchain transaction tracking platform Whale Alert. As per the report, a staggering amount of 20 million XRP has been transferred to the famous cryptocurrency exchange Bithumb from an unknown cryptocurrency wallet. Reportedly, the transaction occurred a few hours ago on the 13th of
The futures open interest of XRP has risen high during the past week registering a gain of more than $1 billion in its value. The rise coincides with the price rally of the word’s fourth largest digital currency XRP which also occurred last week. Currently, the price value is trading successfully in the positive zone.