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Ripple Adds Ethereum Virtual Machine Compatibility to XRP Ledger


The XRP Ledger (XRPL) will now be compatible with the Ethereum Virtual Machine (EVM) thanks to the launch of the XRPL EVM Sidechain by the Ripple team. This new product will enable EVM compatibility and unlock opportunities for decentralized finance (DeFi) and real-world asset tokenization (RWA)...

Ripple CEO Unveils New Stablecoin Name at XRP Ledger Community Summit


In a significant announcement at the XRP Ledger Community Summit (#XRPL Apex) held in Amsterdam from 11-13 June 2024, Brad Garlinghouse, the CEO of Ripple, unveiled the name of Ripple’s new stablecoin – $RLUSD. Garlinghouse expressed his fondness for the name, stating, “I like...

Ripple buys Standard Custody, names Jack McDonald SVP of stablecoins


Ripple has performed exceptionally well in achieving yet another feat, as the company successfully struck a deal to acquire Standard Custody & Trust Company, a virtual asset custodian. The regulatory authorities’ approval of this important acquisition will complement Ripple’s...

Ripple launches XRP Ledger Innovation Fund in Japan and Korea


Ripple, the pioneer in enterprise blockchain and crypto solutions, has come up with a new product: the XRPL Japan and Korea Fund. It will extend support to a wide variety of endeavors to promote technological novelty on the XRP ledger in Japan and Korea. The XRPL Japan and Korea Fund will join...

Ripple grows influence with Georgian National Bank partnership


Despite being in a lawsuit against the SEC for years, Ripple is still generating a buzz in the market. The venture recently entered into a partnership with the NBG (National Bank of Georgia). That is not all, as a recent report shows 80% of Japanese banks are partnering with Ripple. Most of these...

Ripple Teams Up With Clear Junction for GBP and EUR Payouts


Ripple has partnered with Clear Junction, a global leader in cross-border payment solutions for regulated institutions, to enhance cross-border payments, enabling instant and secure GBP and EUR payouts, with more currencies to follow. Ripple Payments provides faster, cheaper cross-border payment...

Ripple CEO Expects SEC to Approve Spot XRP ETF Next Year


Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot XRP ETFs next year, reiterating that they are inevitable. The executive discussed cryptocurrency regulations in the U.S., highlighting the SEC’s shift towards pragmatism after...

Whales move 318M XRP tokens as it retains $0.52 support


XRP tokens have a bearish sentiment prevailing at the moment. The token has dropped by 0.58% in the last 24 hours. It is listed at $0.5226. This has not stopped whales from increasing their activities. A wallet routed two separate transactions to move the token to Bitstamp and Bitso. The first...

Ripple partners with Clear Junction to improve cross-border payments


Ripple has announced a partnership with Clear Junction. The objective is to enhance cross-border payments in the UK and the European Union. It will initially facilitate transactions backed by EUR and GBP. The partnership plans to list more currencies in the coming years. Both partners bring...

Ripple President Says SEC on ‘Warpath’ With Crypto Industry


The president of Ripple Labs has criticized the U.S. Securities and Exchange Commission (SEC)’s approach to regulating the crypto sector, emphasizing that the regulator is on a “warpath” with the industry. She highlighted the inefficiency of the current approach, stating:...

XRP might mirror the 2017 pattern to hit $2 in 2024


The past few years have been a struggle for XRP, primarily because of the SEC lawsuit. The coin is currently trading at $0.52 (at the time of writing), with a 0.96% surge in the past 24 hours. The overall finance market is rejoicing with the approval of Bitcoin and Ethereum ETF. However, unlike...

XRP remains sluggish yet bullish; it only differs in timeline


Given that the current sentiments are more sluggish than they should be, XRP may be a good investment for the long term. Investors’ interest is fading, as evidenced by the 0.13% decline in the last 24 hours, effective at the time of writing this article. For reference, XRP is listed at $0.5196...

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