RLUSd
1.2M views
762 Discussing
Hot
Latest
RIPPLE DROPS Q1 REPORT: ETF BUZZ, SEC BACKS OFF AND MORE
- #RİPPLE has kicked off 2025 with impressive growth, as detailed in its Q1 report. The company saw a 1.7% increase in its total XRP holdings, reaching 4.56 billion XRP as of March 31.
- The #Q1 report reflects positive market trends, including significant institutional support and strategic acquisitions.
Key Highlights:
Institutional Backing for XRP:
- Ripple secured support from major institutions like Franklin Templeton, which filed for an $XRP -based ETF.
- Additionally, Brazil’s CVM approved a dedicated XRP ETF, and CME Group launched XRP Futures.
- XRP investment products saw $37.7 million in weekly outflows, bringing the YTD total to $214 million.
XRP Performance:
- Despite market turbulence, XRP outperformed major cryptos like Bitcoin and Ethereum in Q1. It surged nearly 50% in February, cementing its resilience in volatile conditions.
Ripple's Strategic Acquisition:
- Ripple acquired Hidden Road for $1.25 billion, marking one of the largest acquisitions in crypto history.
- The deal strengthens Ripple's push to promote RLUSD, its USD-backed stablecoin, for institutional use.
Regulatory Developments:
- The U.S. SEC closed a multi-year legal chapter, withdrawing its appeal against Ripple. This marks a significant victory for Ripple and the wider crypto industry, as regulatory clarity improves under the new U.S. administration.
$XRP #RLUSD
- #RİPPLE has kicked off 2025 with impressive growth, as detailed in its Q1 report. The company saw a 1.7% increase in its total XRP holdings, reaching 4.56 billion XRP as of March 31.
- The #Q1 report reflects positive market trends, including significant institutional support and strategic acquisitions.
Key Highlights:
Institutional Backing for XRP:
- Ripple secured support from major institutions like Franklin Templeton, which filed for an $XRP -based ETF.
- Additionally, Brazil’s CVM approved a dedicated XRP ETF, and CME Group launched XRP Futures.
- XRP investment products saw $37.7 million in weekly outflows, bringing the YTD total to $214 million.
XRP Performance:
- Despite market turbulence, XRP outperformed major cryptos like Bitcoin and Ethereum in Q1. It surged nearly 50% in February, cementing its resilience in volatile conditions.
Ripple's Strategic Acquisition:
- Ripple acquired Hidden Road for $1.25 billion, marking one of the largest acquisitions in crypto history.
- The deal strengthens Ripple's push to promote RLUSD, its USD-backed stablecoin, for institutional use.
Regulatory Developments:
- The U.S. SEC closed a multi-year legal chapter, withdrawing its appeal against Ripple. This marks a significant victory for Ripple and the wider crypto industry, as regulatory clarity improves under the new U.S. administration.
$XRP #RLUSD
Ripple USD (RLUSD) Volume Jumps 27% Amid Major Exchange Listing.
Ripple USD (RLUSD) stablecoin has seen a big volume boost following the Gemini listing and broader ecosystem engagement.
Current market data shows that the Ripple USD (RLUSD) stablecoin has recorded a remarkable increase in trading volume following a major development in its adoption.
Notably, this increase came shortly after the stablecoin was listed on Gemini, the U.S.-based digital asset exchange run by the Winklevoss twins.
The new listing of RLUSD on Gemini might be a key driver behind the 27% jump in volume. Gemini, founded by Tyler and Cameron Winklevoss, is a digital asset exchange most recognized in the United States. With the listing, the RLUSD stablecoin has gained a new exposure to a large audience of traders and institutions.
Reece Merrick, Ripple’s Managing Director for the Middle East and Africa, first shared the news on X. It is essential to add that this comes after earlier listings of RLUSD by other exchanges like Bullish, Bitstamp, and LMAX Digital. Based on market expectations, Gemini’s addition furthers Ripple’s push for widespread usage of RLUSD.#RLUSD
Ripple USD (RLUSD) stablecoin has seen a big volume boost following the Gemini listing and broader ecosystem engagement.
Current market data shows that the Ripple USD (RLUSD) stablecoin has recorded a remarkable increase in trading volume following a major development in its adoption.
Notably, this increase came shortly after the stablecoin was listed on Gemini, the U.S.-based digital asset exchange run by the Winklevoss twins.
The new listing of RLUSD on Gemini might be a key driver behind the 27% jump in volume. Gemini, founded by Tyler and Cameron Winklevoss, is a digital asset exchange most recognized in the United States. With the listing, the RLUSD stablecoin has gained a new exposure to a large audience of traders and institutions.
Reece Merrick, Ripple’s Managing Director for the Middle East and Africa, first shared the news on X. It is essential to add that this comes after earlier listings of RLUSD by other exchanges like Bullish, Bitstamp, and LMAX Digital. Based on market expectations, Gemini’s addition furthers Ripple’s push for widespread usage of RLUSD.#RLUSD
🚀 Ripple’s RLUSD in the Spotlight: $25M Educational Donation Boosts Stablecoin Adoption
Ripple is making waves with "RLUSD", its USD-pegged stablecoin, by committing "$25 million" to U.S. education—showcasing real-world utility for crypto in large-scale philanthropy.
Key Highlights:
✅ $25M Donation in RLUSD– Funds will support "DonorsChoose ($15M)*" and 'Teach For America ($10M)'through 2025.
✅ Partnership with The Giving Block – RLUSD now accepted for donations, boosting visibility.
✅ Institutional Appeal – RLUSD’s '$316M circulating supply' and clawback feature attract big players.
Why This Matters:
🔹 "Stablecoins for Good" – RLUSD enables "fast, low-cost, transparent transactions", cutting out traditional banking bottlenecks.
🔹 "XRPL’s Clawback Feature" – Allows issuers to reclaim tokens under specific conditions, adding security for institutional use.
🔹 "Bullish for Adoption" – Real-world use cases like this validate stablecoins beyond trading.
💬 Developer Insight:
"RLUSD proves stablecoins aren’t just for trading—they’re revolutionizing how money moves in philanthropy and large-scale payments."
— Panos Mekras, CEO of Anodos Labs (XRPL DeFi)
What’s Next for RLUSD?
With Ripple pushing adoption through high-impact initiatives, could RLUSD challenge "USDT/USDC" dominance in payments?
📌 Your Take:
→ Is RLUSD’s clawback feature a win for security or a red flag for decentralization?
→ Will this donation drive more institutional interest in XRP Ledger?
$XRP
Key Highlights:
✅ $25M Donation in RLUSD– Funds will support "DonorsChoose ($15M)*" and 'Teach For America ($10M)'through 2025.
✅ Partnership with The Giving Block – RLUSD now accepted for donations, boosting visibility.
✅ Institutional Appeal – RLUSD’s '$316M circulating supply' and clawback feature attract big players.
Why This Matters:
🔹 "Stablecoins for Good" – RLUSD enables "fast, low-cost, transparent transactions", cutting out traditional banking bottlenecks.
🔹 "XRPL’s Clawback Feature" – Allows issuers to reclaim tokens under specific conditions, adding security for institutional use.
🔹 "Bullish for Adoption" – Real-world use cases like this validate stablecoins beyond trading.
💬 Developer Insight:
"RLUSD proves stablecoins aren’t just for trading—they’re revolutionizing how money moves in philanthropy and large-scale payments."
— Panos Mekras, CEO of Anodos Labs (XRPL DeFi)
What’s Next for RLUSD?
With Ripple pushing adoption through high-impact initiatives, could RLUSD challenge "USDT/USDC" dominance in payments?
📌 Your Take:
→ Is RLUSD’s clawback feature a win for security or a red flag for decentralization?
→ Will this donation drive more institutional interest in XRP Ledger?
$XRP
Ripple's Strong Q1 Signals New Price Target for XRP – Could $3 Be Within Reach?
XRP has held strong above the $2.13 mark despite increased market volatility this week. Ripple’s native token may be gearing up for a fresh rally as the Q1 2025 market report highlights several key wins, painting a bullish outlook for the rest of the year. With growing institutional interest in XRP-based products and legal clarity following the resolution of Ripple’s case with the SEC, the momentum appears to be building.
📈 Technical Pattern Suggests XRP May Break Out Toward $3
XRP’s 4-hour price chart shows a falling wedge — typically a bullish reversal pattern. After a recent drop from $2.33 to $2.11 (a 10% decline over the past week), the price has stabilized around $2.13, aligning with the 61.80% Fibonacci level.
This zone of demand between $2.13 and $2.14 remains key. However, the RSI is approaching oversold territory, and the EMA indicators suggest weakening bullish momentum. A breakout above $2.14 could send XRP toward $2.36, and if momentum continues, even up to $2.75 or $3.15. On the flip side, support remains strong near the psychological level of $2.00.
📊 Ripple’s Q1 Market Report Highlights Momentum: ETFs, Stablecoin, and a Billion-Dollar Acquisition
Ripple’s latest report reveals an eventful and optimistic first quarter of 2025:
🔹 The Trump administration issued an executive order supporting crypto adoption
🔹 Franklin Templeton and Volatility Shares filed S-1 forms for XRP ETFs
🔹 A dedicated XRP ETF was approved in Brazil
🔹 CME Group launched XRP Futures
Institutional inflows into XRP investment products reached $214 million year-to-date, putting XRP just $1 million behind Ethereum in terms of total crypto fund holdings.
💸 RLUSD Stablecoin Drives DEX Activity
While XRP’s overall on-chain activity saw a cooldown in Q1, Ripple’s RLUSD stablecoin surged in adoption. RLUSD’s market cap exceeded $90 million, with cumulative DEX trading volumes surpassing $300 million.
Ripple also acquired Hidden Road, a rapidly growing brokerage firm, in a $1.25 billion deal — one of the largest acquisitions in the digital asset space. The move is aimed at bolstering RLUSD’s use as a USD-backed enterprise stablecoin with cross-market trading potential.
🚀 Is XRP Poised to Reclaim $3?
Between surging institutional adoption and growing utility, XRP may soon regain bullish momentum. A successful breakout from the falling wedge could set the stage for a rally toward the $3 mark — if market conditions remain stable.
Ripple’s ongoing expansion, product launches, and increased investor confidence continue to solidify XRP’s position as a major contender in the crypto space.
#xrp , #Ripple , #CryptoNewss , #RLUSD , #XRPPricePrediction
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
📈 Technical Pattern Suggests XRP May Break Out Toward $3
XRP’s 4-hour price chart shows a falling wedge — typically a bullish reversal pattern. After a recent drop from $2.33 to $2.11 (a 10% decline over the past week), the price has stabilized around $2.13, aligning with the 61.80% Fibonacci level.
This zone of demand between $2.13 and $2.14 remains key. However, the RSI is approaching oversold territory, and the EMA indicators suggest weakening bullish momentum. A breakout above $2.14 could send XRP toward $2.36, and if momentum continues, even up to $2.75 or $3.15. On the flip side, support remains strong near the psychological level of $2.00.
📊 Ripple’s Q1 Market Report Highlights Momentum: ETFs, Stablecoin, and a Billion-Dollar Acquisition
Ripple’s latest report reveals an eventful and optimistic first quarter of 2025:
🔹 The Trump administration issued an executive order supporting crypto adoption
🔹 Franklin Templeton and Volatility Shares filed S-1 forms for XRP ETFs
🔹 A dedicated XRP ETF was approved in Brazil
🔹 CME Group launched XRP Futures
Institutional inflows into XRP investment products reached $214 million year-to-date, putting XRP just $1 million behind Ethereum in terms of total crypto fund holdings.
💸 RLUSD Stablecoin Drives DEX Activity
While XRP’s overall on-chain activity saw a cooldown in Q1, Ripple’s RLUSD stablecoin surged in adoption. RLUSD’s market cap exceeded $90 million, with cumulative DEX trading volumes surpassing $300 million.
Ripple also acquired Hidden Road, a rapidly growing brokerage firm, in a $1.25 billion deal — one of the largest acquisitions in the digital asset space. The move is aimed at bolstering RLUSD’s use as a USD-backed enterprise stablecoin with cross-market trading potential.
🚀 Is XRP Poised to Reclaim $3?
Between surging institutional adoption and growing utility, XRP may soon regain bullish momentum. A successful breakout from the falling wedge could set the stage for a rally toward the $3 mark — if market conditions remain stable.
Ripple’s ongoing expansion, product launches, and increased investor confidence continue to solidify XRP’s position as a major contender in the crypto space.
#xrp , #Ripple , #CryptoNewss , #RLUSD , #XRPPricePrediction
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Ripple Donates $25M in RLUSD to Support U.S. Classrooms and Financial Literacy
In a bold move to strengthen education in the United States, Ripple has pledged $25 million in its U.S. dollar-backed stablecoin, RLUSD, to fund nationwide classroom initiatives, teacher support, and financial literacy programs. This major donation comes during Teacher Appreciation Week and reflects Ripple's ongoing commitment to meaningful, crypto-powered philanthropy.
The funds will be distributed through partnerships with DonorsChoose and Teach For America. Thousands of classroom projects and teacher requests will receive support, and key educational programs like Ignite tutoring and the national STEM Innovation Challenge will also benefit. These initiatives aim to build stronger academic foundations and promote long-term economic mobility for students and educators alike.
Since 2018, Ripple has donated over $200 million to global causes. This latest initiative highlights the growing role of cryptocurrency in real-world applications and social impact, setting a powerful example of how digital assets like RLUSD can drive change in education.
CheckDot is SAFU , research on CheckDot .
#Ripple #RLUSD
In a bold move to strengthen education in the United States, Ripple has pledged $25 million in its U.S. dollar-backed stablecoin, RLUSD, to fund nationwide classroom initiatives, teacher support, and financial literacy programs. This major donation comes during Teacher Appreciation Week and reflects Ripple's ongoing commitment to meaningful, crypto-powered philanthropy.
The funds will be distributed through partnerships with DonorsChoose and Teach For America. Thousands of classroom projects and teacher requests will receive support, and key educational programs like Ignite tutoring and the national STEM Innovation Challenge will also benefit. These initiatives aim to build stronger academic foundations and promote long-term economic mobility for students and educators alike.
Since 2018, Ripple has donated over $200 million to global causes. This latest initiative highlights the growing role of cryptocurrency in real-world applications and social impact, setting a powerful example of how digital assets like RLUSD can drive change in education.
CheckDot is SAFU , research on CheckDot .
#Ripple #RLUSD
🚀 Ripple Pledges 25Min25MinRLUSD for US Education
Big move for crypto philanthropy!
✅ $25M donation via Ripple's stablecoin
✅ Supports teachers & STEM programs nationwide
✅ Partners with DonorsChoose & Teach For America
Why it matters:
• Shows real-world utility of stablecoins
• Addresses education funding gaps
• Builds positive $XRP ecosystem narrative
My take:
Smart PR move by Ripple! More crypto firms should fund social impact.
👉 Check $XRP chart
💬 Can crypto solve education funding issues?
#XRP #RLUSD #CryptoForGood
Big move for crypto philanthropy!
✅ $25M donation via Ripple's stablecoin
✅ Supports teachers & STEM programs nationwide
✅ Partners with DonorsChoose & Teach For America
Why it matters:
• Shows real-world utility of stablecoins
• Addresses education funding gaps
• Builds positive $XRP ecosystem narrative
My take:
Smart PR move by Ripple! More crypto firms should fund social impact.
👉 Check $XRP chart
💬 Can crypto solve education funding issues?
#XRP #RLUSD #CryptoForGood
🚨
JUST IN: 🇺🇸 Ripple pledges $25 million in $RLUSD to support U.S. classrooms, teachers, and nationwide financial literacy programs.
Empowering the next generation through education and crypto-backed support.
#Ripple #RLUSD #CryptoNews
#BinanceFeed
JUST IN: 🇺🇸 Ripple pledges $25 million in $RLUSD to support U.S. classrooms, teachers, and nationwide financial literacy programs.
Empowering the next generation through education and crypto-backed support.
#Ripple #RLUSD #CryptoNews
#BinanceFeed
🚨🇺🇸Ripple #Donates $25M in #RLUSD to Boost U.S. Education
🔹Ripple pledges $25 million to U.S. education initiatives.
🔹Launching during Teacher Appreciation Week in partnership with DonorsChoose and Teach For America.
🔹Focus areas: educational resources and financial literacy, funded via $RLUSD tokens.$XRP
🔹Ripple pledges $25 million to U.S. education initiatives.
🔹Launching during Teacher Appreciation Week in partnership with DonorsChoose and Teach For America.
🔹Focus areas: educational resources and financial literacy, funded via $RLUSD tokens.$XRP
🚨#RIPPLE TRIED TO #BUY CIRCLE FOR $5B — REJECTED
🔹Ripple reportedly offered $4B–$5B to acquire USDC issuer Circle, but Circle rejected the bid as too low, per Bloomberg.
🔹Ripple launched its own stablecoin RLUSD this year, aiming to compete with market leaders.
🔹Circle recently filed for an IPO, previously valued at $9B in a 2022 SPAC deal.
🔹USDC remains the #2 stablecoin, behind Tether’s USDT.
🔹Ripple remains interested in acquisitions, focusing on blockchain infrastructure.
#USDC #Circle #Stablecoins #RLUSD$XRP
🔹Ripple reportedly offered $4B–$5B to acquire USDC issuer Circle, but Circle rejected the bid as too low, per Bloomberg.
🔹Ripple launched its own stablecoin RLUSD this year, aiming to compete with market leaders.
🔹Circle recently filed for an IPO, previously valued at $9B in a 2022 SPAC deal.
🔹USDC remains the #2 stablecoin, behind Tether’s USDT.
🔹Ripple remains interested in acquisitions, focusing on blockchain infrastructure.
#USDC #Circle #Stablecoins #RLUSD$XRP
🚀 Ripple Commits 25MtoUSEducationvia25MtoUSEducationviaRLUSD Stablecoin
Big move for crypto philanthropy!
✅ 25Min∗∗25Min∗∗RLUSD** to support teachers & classrooms
✅ Partners with DonorsChoose & Teach For America
✅ Addresses education funding gaps
Why it matters:
• Shows real-world utility of stablecoins
• Teachers often spend personal funds on supplies
• Builds positive $XRP ecosystem narrative
My take:
Great PR for Ripple! More crypto firms should fund social impact projects.
👉 Check $XRP chart
💬 Can crypto solve education funding gaps?
#xrp #RLUSD #CryptoForGood
Big move for crypto philanthropy!
✅ 25Min∗∗25Min∗∗RLUSD** to support teachers & classrooms
✅ Partners with DonorsChoose & Teach For America
✅ Addresses education funding gaps
Why it matters:
• Shows real-world utility of stablecoins
• Teachers often spend personal funds on supplies
• Builds positive $XRP ecosystem narrative
My take:
Great PR for Ripple! More crypto firms should fund social impact projects.
👉 Check $XRP chart
💬 Can crypto solve education funding gaps?
#xrp #RLUSD #CryptoForGood
*Ripple Targets $400B UAE Trade Hub With Fully Regulated Cross-Border Payments*
Ripple secures first DFSA license for blockchain payments in the UAE, opening access to a $400B trade hub with regulated cross-border services and RLUSD stablecoin.
The license permits Ripple to offer its cross-border payments platform, Ripple Payments, across the region—a move seen as pivotal for the company and digital asset adoption in the Middle East.
The company noted:
Ripple is the first blockchain-powered payments provider to be licensed by the Dubai Financial Services Authority (DFSA) to bring its flagship cross-border payments solution, Ripple Payments, to businesses across the region.
Source: Bitcoin.comNews
This is a big milestone for ripple and also for $XRP community gonna become important asset in the future #rlusd #USStablecoinBill
Ripple secures first DFSA license for blockchain payments in the UAE, opening access to a $400B trade hub with regulated cross-border services and RLUSD stablecoin.
The license permits Ripple to offer its cross-border payments platform, Ripple Payments, across the region—a move seen as pivotal for the company and digital asset adoption in the Middle East.
The company noted:
Ripple is the first blockchain-powered payments provider to be licensed by the Dubai Financial Services Authority (DFSA) to bring its flagship cross-border payments solution, Ripple Payments, to businesses across the region.
Source: Bitcoin.comNews
This is a big milestone for ripple and also for $XRP community gonna become important asset in the future #rlusd #USStablecoinBill
BTC
Cumulative PNL
-0.67
+0.00%
#news_update
🚨 🚨 🚨 🚨:
XRP News: XRP Price Approaches Final Countdown to Major Lift- off to New ATH Catalyzed by Demand from Whale Investors. 🪙 💰
$XRP #RLUSD #XRPET 💎 💎 💎 💎 💎 💎 💎 💎 💎 💎
🚨 🚨 🚨 🚨:
XRP News: XRP Price Approaches Final Countdown to Major Lift- off to New ATH Catalyzed by Demand from Whale Investors. 🪙 💰
$XRP #RLUSD #XRPET 💎 💎 💎 💎 💎 💎 💎 💎 💎 💎
See original
Gemini Lists Ripple's RLUSD Stablecoin for Trading
New Listing on Gemini
The Gemini platform has announced the listing of the RLUSD stablecoin issued by Ripple, which aims to support instant and secure cross-border transactions using blockchain technology.
Importance of RLUSD
RLUSD represents a strategic step for Ripple to enhance its control over the stablecoin market, as it fully complies with U.S. regulatory standards.
Intensifying Competition
With the entry of RLUSD into the market, it will face strong competition from USDT and USDC, but Gemini's support may provide a significant boost in institutional trading.
#RLUSD #GeminiExchange #RippleStablecoin #CryptoAdoption #Stablecoins
$RLC
#rlusd #Gemini #crypto #Ripple
New Listing on Gemini
The Gemini platform has announced the listing of the RLUSD stablecoin issued by Ripple, which aims to support instant and secure cross-border transactions using blockchain technology.
Importance of RLUSD
RLUSD represents a strategic step for Ripple to enhance its control over the stablecoin market, as it fully complies with U.S. regulatory standards.
Intensifying Competition
With the entry of RLUSD into the market, it will face strong competition from USDT and USDC, but Gemini's support may provide a significant boost in institutional trading.
#RLUSD #GeminiExchange #RippleStablecoin #CryptoAdoption #Stablecoins
$RLC
#rlusd #Gemini #crypto #Ripple
🚨 Ripple’s USD-backed stablecoin, RLUSD, has suddenly paused minting — with no new issuance since April 25, per the Ripple Stablecoin Tracker.
🔍 What’s behind this unexpected halt? Strategic shift, market reshuffle, or something bigger at play?
🌐 The stablecoin space is moving fast — and every pause raises fresh questions.
#Ripple #RLUSD #Stablecoins #Crypto #Blockchain
🔍 What’s behind this unexpected halt? Strategic shift, market reshuffle, or something bigger at play?
🌐 The stablecoin space is moving fast — and every pause raises fresh questions.
#Ripple #RLUSD #Stablecoins #Crypto #Blockchain
#BREAKING : The U.S. Department of the Treasury Acknowledges Ripple’s $RLUSD Alongside Major Players Like $USDC and $USDT!
#Ripple #CryptoNews #RLUSD #USTreasury
$XRP
#Ripple #CryptoNews #RLUSD #USTreasury
$XRP
See original
xrp News 💥 Abu Dhabi allows taxis to use cryptocurrency as a means of payment
#xrp #RLUSD #crypto #InvestSmart
#xrp #RLUSD #crypto #InvestSmart
hussam1985:
إلى متى تكذبون على الناس
See original
Circle, the issuer of USDC, rejected an acquisition offer from Ripple ranging between $4 billion and $5 billion, considering it very low, according to a report by Bloomberg.
The report mentioned that negotiations have completely stopped, and Ripple does not intend to improve the offer.
In contrast, Ripple completed a $1.2 billion acquisition of the brokerage firm Hidden Road, which is expected to utilize its network (XRPLedger) for post-trade settlement, potentially enhancing the role of XRP in the financial infrastructure.
Although the U.S. Securities and Exchange Commission has not issued a final statement, CEO Brad Garlinghouse announced in March that the legal dispute with the agency has ended, allowing the company to operate with greater freedom.
After entering the stablecoin market through RLUSD, Ripple has seen a strong start, with the market value of the currency rising from $200 million to $300 million in early April.
However, the momentum has slowed recently, and the market value has not exceeded $320 million so far.
Despite this, trading volumes surged by 30% over the last day to exceed $50 million.
#XRPledger $XRP
#Ripple #xrp #Circle #RLUSD
The report mentioned that negotiations have completely stopped, and Ripple does not intend to improve the offer.
In contrast, Ripple completed a $1.2 billion acquisition of the brokerage firm Hidden Road, which is expected to utilize its network (XRPLedger) for post-trade settlement, potentially enhancing the role of XRP in the financial infrastructure.
Although the U.S. Securities and Exchange Commission has not issued a final statement, CEO Brad Garlinghouse announced in March that the legal dispute with the agency has ended, allowing the company to operate with greater freedom.
After entering the stablecoin market through RLUSD, Ripple has seen a strong start, with the market value of the currency rising from $200 million to $300 million in early April.
However, the momentum has slowed recently, and the market value has not exceeded $320 million so far.
Despite this, trading volumes surged by 30% over the last day to exceed $50 million.
#XRPledger $XRP
#Ripple #xrp #Circle #RLUSD
Login to explore more contents