Ripple’s RLUSD stablecoin reached US$1.027 billion in market capitalisation, attaining 1,278% development for the reason that begin of the yr. The stablecoin is totally backed 1:1 with US Treasury payments, authorities cash market funds, and FDIC-insured deposits, with month-to-month attestations overseen by the Financial institution of New York Mellon asContinue Reading

Ripple acquired crypto pockets supplier Palisade to boost its institutional providing. The Palisade know-how will probably be built-in into Ripple Funds to allow speedy, scalable pockets creation and high-speed transaction signing. This acquisition is a part of Ripple’s bigger acquisition spree and concentrate on constructing enterprise custody and compliance instruments,Continue Reading

Ripple accomplished its US$1.25 billion acquisition of prime dealer Hidden Street, which will probably be rebranded as Ripple Prime and provide multi-asset clearing, financing and brokerage providers. Ripple executives view the deal as transformative for XRPL and XRP, with Ripple Prime set to make use of the ledger for settlementsContinue Reading

Ripple Labs has acquired GTreasury, a treasury software program supplier, for US$1 billion, including company money, fiat, and danger tooling to its product line. The acquisition goals to combine GTreasury’s platform with Ripple’s funds and blockchain infrastructure to assault legacy rails with 24/7, near-instant cross-border settlement. GTreasury’s platform will enableContinue Reading

XRPL has achieved US$1 billion in monthly stablecoin volume and ranks as a top-ten blockchain for real world assets according to Ripple’s September report. Ripple outlined an ambitious roadmap transitioning XRPL from basic compliance tools to comprehensive institutional finance infrastructure with tokenisation and lending. New features include compliance tools likeContinue Reading

Singapore’s DBS Group has partnered with Franklin Templeton and Ripple to launch trading and lending services using tokenised money market funds and RLUSD stablecoin. The collaboration enables accredited investors to swap between sgBENJI tokens and RLUSD on the XRP Ledger, creating new yield and credit opportunities. XRP has surged 600%Continue Reading

Ripple has partnered with Spanish banking giant BBVA to provide institutional-grade custody technology for BBVA’s new retail Bitcoin and Ethereum trading service across Spain. The partnership aligns with Europe’s MiCA regulation and extends Ripple’s existing relationship with BBVA, which already uses Ripple’s custody technology in Turkey and Switzerland. Despite positiveContinue Reading

Ripple is extending its influence in African markets through partnerships with local fintechs, aiming to boost cross-border payment options for businesses. RLUSD, already backed by regulators in New York and surpassing $1B AUD in supply, is positioning itself as a credible alternative to dominant stablecoins like USDT and USDC. BeyondContinue Reading

VivoPower has invested US$30 million into Doppler Finance as the initial phase of an ambitious US$200 million XRP treasury yield program. The partnership establishes Doppler as a leader in institutional-grade XRPfi, providing companies with opportunities to earn yields on their XRP holdings. Ripple has expanded its strategic partnership with ThunesContinue Reading