$XRP XRP has experienced a legal battle with the U.S. SEC, but with Ripple announcing the withdrawal of its appeal, it marks the end of this protracted legal dispute and brings positive signals for the improvement of the regulatory environment in the industry.

RippleNet has provided cross-border settlement services for several top global financial institutions, including Santander, SBI, and Japan's Rakuten Bank, with low fees and instant transactions becoming its core competitiveness. Ripple is also promoting the issuance of a U.S. dollar stablecoin and an IPO plan, which is likely to become a bridge connecting traditional financial markets with on-chain settlements in the future.