Asset manager Bitwise said that its XRP ETF (XRP) has crossed $500 million in assets under management (AUM) just nine months after launch. The fund’s page showed $502.7 million in net assets across 364.75 million XRP last Friday and $507.23 million after Monday’s close. “14 years in, and the $XRP community continues to be unstoppable,” […]
A recent update from the XRP Ledger Foundation welcomed the TradFi giant, which has a long history with Ripple, to a hackathon taking place just ahead of the major conference, Ripple Swell. Meanwhile, 21Shares’s XRP ETF has changed how it prices the underlying token amid renewed inflows into all such funds. Mastercard Joins The XRP […]
Ripple has partnered with Jeonbuk Bank in South Korea as the latter prepares to deploy Ripple Payments for cross-border remittances. The deal makes Jeonbuk Bank the first regional bank in the country to deploy the payment service. The main objective is to support businesses that have traditionally faced several days of delays when moving money […]
Layer-1 chain Flare has announced that FXRP now works as collateral on Derive, letting XRP holders trade on-chain options and perpetual futures from their own wallets. According to a press release shared with CryptoPotato, holders can mint FXRP through Flare’s FAssets system, deposit it on Derive, and run positions from a single Portfolio Margin V2 […]
XRPL has released version 3.3.0, which takes another step toward becoming infrastructure for institutional tokenization. It introduces several proposed amendments focused on privacy, payments, and managing real-world assets (RWAs). Confidential Transfers Perhaps the most significant new feature is called Confidential Transfer. It’s designed to allow institutions to hide balances and transaction amounts for Multi-Purpose Tokens […]
Ripple and the wider XRP ecosystem saw several noteworthy developments over the past few days. These included, but are not limited to, a new institutional platform for the RLUSD stablecoin, an investment in payments infrastructure, fresh Binance incentives, rising AI-agent activity, as well as continued demand for spot XRP ETFs. The following breaks down the […]
An XRPL validator has said that he will not vote for another reduction in its account reserves, sparking a community debate over whether lower costs would help adoption or weaken network protections. The dispute has split community members between those who see lower reserves as necessary for easier onboarding and those who argue that it […]
Even in times when XRP and the company behind it were not in good shape in their home country, Japan has long stood out as a major ally. However, the most recent regulatory and institutional developments suggest that the country could play an even bigger role in their future. Over the past several months, Japan […]
Over three weeks ago, the Ripple team launched a new software update for the XRP Ledger (XRPL). Although the infrastructure upgrade (v3.2.0) has been running for close to a month now, not all of the network’s validator nodes have adopted it. In fact, more than half of the nodes are still running on the old […]
Open USD (OUSD) stablecoin has emerged as one of the crypto market’s biggest trending topics after the project drew attention with the announcement of a consortium-backed stablecoin initiative involving more than 140 companies. Developed by Open Standard, the stablecoin is expected to go live later this year. Open USD Frenzy According to the latest findings […]