Ripple Acquires Stablecoin Platform Rail for $200 Million
Ripple has agreed to acquire Rail, a platform specializing in stablecoin operations. The deal is valued at $200 million.
Ripple Acquires Stablecoin Platform Rail for $200 Million
Ripple has agreed to acquire Rail, a platform specializing in stablecoin operations. The deal is valued at $200 million.
Ripple’s CTO Declares XRP Ledger Fully Decentralised
Ripple lacks any “secret access” to the XRP Ledger (XRPL) network, which is entirely decentralised. This was stated by the company’s Chief Technology Officer, David Schwartz, in an interview with Decrypt. “We make a significant contribution to the ecosystem. It is certainly very important to us. But we have neither the interest nor the desire […]
Technical Analyst Warns of Bitcoin’s Waning Bullish Momentum
The price of the leading cryptocurrency is trading sideways around the $120,000 mark. Options data on Deribit indicates a significant positive gamma for dealers at the $120,000 and $120,500 strikes, noted CoinDesk analyst Omkar Godbole. In this scenario, traders buy on dips and sell on rallies to neutralize risks, which reduces volatility, the expert explained. […]
Ripple Co-Founder Chris Larsen Accused of XRP Dumping by Crypto Community
Blockchain sleuth ZachXBT reported that Ripple co-founder Chris Larsen sent approximately $140 million in XRP to CEX. According to CoinGecko, the token’s price has dropped nearly 9% in the past 24 hours.
XRP Surpasses Uber and BlackRock in Market Capitalisation
The XRP token has surpassed Xiaomi, Uber, and BlackRock in market capitalisation. The altcoin’s valuation reached $198.6 billion, according to CoinGecko. Data from InfiniteMarketCap shows that Ripple’s token has claimed the 95th spot among the world’s largest assets. Over the past month, XRP’s market value has surged by 71%. Source: InfiniteMarketCap. On July 18, the […]
Ripple Co-Founder Transfers $30 Million in XRP Ahead of All-Time High
On July 17, Ripple co-founder Chris Larsen transferred XRP worth $30 million to the exchange Coinbase, reports The Block. The following day, the token reached a new all-time high of $3.65.
Ripple’s Stablecoin Capitalisation Surpasses $500 Million
The stablecoin RLUSD, issued by Ripple, has reached a capitalisation of over $500 million in seven months. Daily capitalisation chart of RLUSD. Data: CoinGecko. According to CoinGecko, the asset ranks among the top twenty dollar-pegged coins with a daily trading volume of $36.6 million. Additionally, Ripple has announced a partnership with Bank of New York […]
Ripple Seeks U.S. Banking License
Ripple has applied for a national bank license with the U.S. Office of the Comptroller of the Currency (OCC). This information was confirmed by the company’s CEO, Brad Garlinghouse. True to our long-standing compliance roots, @Ripple is applying for a national bank charter from the OCC. If approved, we would have both state (via NYDFS) […]
XRP Rises 5% Following Ripple’s Legal Decision with SEC
Ripple will withdraw its cross-appeal in the legal battle with the U.S. Securities and Exchange Commission (SEC). This was announced by the fintech company’s CEO, Brad Garlinghouse. Ripple is dropping our cross appeal, and the SEC is expected to drop their appeal, as they’ve previously said. We’re closing this chapter once and for all, and […]
Ripple to Enhance XRP Ledger with Ethereum-like Features
The Ripple team plans to introduce more programmable features to the XRP Ledger (XRPL), as revealed by DL News and the company’s CTO, David Schwartz. The Ethereum-inspired update includes the launch of smart contracts for payment management and a new lending protocol. According to Schwartz, the aim is to gain the benefits of programmability while […]
Court Rejects Ripple and SEC Settlement
Judge Analisa Torres has rejected the joint motion by Ripple and the U.S. Securities and Exchange Commission (SEC) to reduce the penalty and lift the injunction. ?JUST IN: Judge Torres has denied @Ripple and the @SECGov joint motion for an indicative ruling. pic.twitter.com/iPzD4aMG1H — Eleanor Terrett (@EleanorTerrett) June 26, 2025 The parties filed the document […]
Circle Launches USDC on Ripple’s XRP Ledger
Ripple and Circle, the company behind USDC, announced a partnership to support the stablecoin on the XRP Ledger (XRPL). According to the statement, the initiative aims to “enhance the utility of the ledger, expand on-chain liquidity, and open new avenues for innovation.” “Stablecoins are key entry points connecting TradFi markets with the crypto space, which […]We use cookies to improve the quality of our service.
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