Ripple Labs has entered into a collaboration with SBI Holdings, a major Japanese financial services conglomerate, according to an announcement on Friday. The memorandum of understanding is to distribute Ripple’s stablecoin, RLUSD, in Japan through SBI subsidiary SBI VC Trade, starting in Q1 2026. SBI VC Trade holds multiple Japanese financial licenses, including being the […]
The prospective public filing of Gemini is now a fact, and the company has secured the backing of the entity behind XRP and RLUSD. Going Public on a Loan Gemini Space Station, Inc., the corporation behind the Gemini Exchange, founded by the Winklevoss twins, filed an S-1 form with the Securities and Exchange Commission (SEC) […]
A new court filing on August 7 from the US Securities and Exchange Commission and Ripple Labs stated that both parties have agreed to dismiss their appeals. The move has brought official closure to one of the longest-drawn-out and most closely observed crypto lawsuits in history. In the joint stipulation of dismissal filed with the […]
XRP prices have pumped almost 20% over the past 24 hours, propelling the asset to an all-time high of $3.64, according to CoinGecko. The massive move has also pushed the cryptocurrency’s market capitalization to $214 billion, which is about the same size as fast food giant McDonald’s, cementing its place as the third-largest cryptocurrency. XRP […]
Ripple announced an alliance with the tokenization platform Ctrl Alt to support the Dubai Land Department’s (DLD) Real Estate Tokenization Project. The joint venture will enable the companies to expand their reach into the UAE, highlighting the growing demand for secure and compliant asset infrastructure in the region. Ripple With Another Move In The UAE Ripple’s […]
We’re only halfway through the year, but Ripple’s stablecoin, RLUSD, has made a serious entrance into the ranks of industry leaders. While some of the company’s plans may have seemed speculative, its steps into the TradFi space are steadily being solidified. Decisively Climbing The Ranks RLUSD quickly made waves by being designed to be Markets […]
Ripple Labs is applying for a national banking license as part of efforts to enhance trust in its RLUSD stablecoin. The move comes as other crypto companies also turn to regulation to build credibility. A New Industry Benchmark? Ripple CEO Brad Garlinghouse confirmed on Wednesday via X that the company is applying for a license […]
Ripple has just announced that it will drop its cross-appeal against the SEC, signaling the end of a years-long legal siege. CEO Brad Garlinghouse declared: “We’re closing this chapter once and for all.” With the SEC expected to reciprocate, XRP surged by 5% at one point to $2.2. But beneath the modest green candle lies […]
TL;DR US District Judge Analisa Torres has ruled against the SEC and Ripple in their joint motion filed earlier this year. The legal case between the two, which started over four and a half years ago, has yet to reach a conclusive end despite Garlinghouse’s announcement in March. JUST IN: Judge Torres has denied @Ripple […]
Ripple’s USD-pegged stablecoin, RLUSD, closed Q1 2025 with a combined market capitalization of $244.2 million across the XRP Ledger (XRPL) and Ethereum. On XRPL alone, RLUSD reached a market cap of $44.2 million, making it the largest stablecoin on the network, according to the latest report by Messari. Due this growth, the total market cap […]