@Ripple and @Arf launched RLUSD settlement financing on the $XRP Ledger to help payment firms cover cash gaps between cross-border payment legs. Native lending remains pending protocol approval. #Update #Payments $XRP
@Bitquery found 110 wallets generated 99.6% of RLUSD payments on the $XRP Ledger, raising doubts about whether rising transaction counts reflect wider use. #Update #Crypto $XRP
@Tether’s $USDT balances fell across major exchanges in the third quarter as rivals gained deposits, but it still led stablecoin payments. #Update #Stablecoins $USDT
$XRP supports live dollar borrowing on Ethereum, but 93% of $7.2M in loans is concentrated among three addresses, raising concerns about market stability. #Update #Crypto $XRP
$XRP experienced a 29.7% monthly rebound, trading at $1.32, while stablecoins on the XRP Ledger surged to $1.126 billion; DEX volume rose 152.1% over 30 days. #Update #Crypto $XRP
Stablecoin liquidity on the XRP Ledger has surged nearly 97% to about $770 million, positioning Ripple’s RLUSD as a key player in automated payments for AI agents. #Update #Crypto $XRP
SBI Shinsei Bank’s pilot allows deposit interest conversion into crypto rewards, including $XRP, integrating digital assets into traditional banking. Launch on June 10. Crypto $XRP
Evernorth reports XRP Ledger transactions have tripled to nearly 3M daily, driven by financial institutions like Braza Bank using $XRP for real banking activities. #Update #Crypto $XRP
@Ripple launches RLUSD stablecoin in Turkey, integrating with local platforms BiLira, Bitexen, and Bitlo to capture institutional demand amid high crypto transaction volumes. #Update #Crypto $XRP
XRP advocate Jake Claver argues Ripple’s RLUSD stablecoin enhances XRP’s role by adding dollar liquidity to the XRP Ledger, positioning XRP as a neutral bridge asset. #Update #Crypto $XRP
The US Digital Asset CLARITY Act could redefine $XRP as a commodity, impacting Ripple and RLUSD’s integration in banking. Analyst @Whiplash437 highlights key sections affecting regulation and market roles. #Update #Crypto $XRP
The XRP Ledger has reached $3 billion in total tokenized value, a 59% increase over 30 days, but this milestone is unlikely to impact $XRP price for now. Crypto $XRP
BlackRock and Mastercard show interest in XRP Ledger, aiming to leverage its enterprise-grade features for on-chain solutions. XRP trading at $1.42. Crypto $XRP
XRP climbs to $1.36, sparking bullish speculation with a new target of $16.39, according to analyst Javon Marks’ pennant pattern analysis. #Update #Crypto $XRP
