XRP is a cryptocurrency developed by Ripple Labs to facilitate fast and cheap transactions globally. It uses a distributed ledger called XRP Ledger, which does not rely on traditional mining, making transactions fast and energy efficient. XRP is primarily designed to facilitate cross-border payments, offering a scalable and cost-effective solution for banks and financial institutions.
10 Posts
XRP is now spendable at 5 million Japanese stores for 44 million Rakuten Pay users, with $23 billion in loyalty points convertible to crypto. Ripple calls it a historic milestone — and the on-chain data backs it up.
The geopolitical escalation between the US, Israel and Iran shakes up the crypto market: over 472 million XRP transferred to Binance according to on-chain data from CryptoQuant and analyst Darkfost.
Ripple enters t54 Labs' $5m seed round to develop agent payments infrastructure on XRP Ledger, focusing on compliance, RLUSD and x402 protocol.
Ripple accelerates institutional DeFi: XRPL, RWA and stablecoin to bring banks and regulated markets on-chain with XRP at the heart of the infrastructure.
The price of XRP falls 7 per cent on the eve of the launch of the first US spot ETF managed by Canary Capital, as traders weigh hype, deleveraging and the risk of the classic 'sell the news'.
XRP remained around $2.32 while Ripple announced a partnership with Mastercard, WebBank and Gemini to launch an XRP Ledger-based RLUSD stablecoin payment system for credit cards.
Ripple is rumoured to be planning a $1 billion XRP buyback via a new treasury vehicle. Here is what is known, what is just speculation and what it could mean for the markets.
Ripple is expanding in Europe by targeting the MiCA licence to offer regulated crypto payments and build trust between institutions and customers.
