Here's what's new with Ripple (XRP):
Recent Price Movements
- Current price: $2.90
- Open price: $3.00
- High price: $3.03
- Low price: $2.90
- Percent change: -3.31%
Key Updates
- *Ripple Partners with SBI Group*: Ripple and SBI Group are set to roll out RLUSD stablecoin in Japan by early 2026, enhancing cryptocurrency adoption in the region.
- *Gemini Partnership*: Ripple has partnered with Gemini, providing a $75 million credit line ahead of Gemini's IPO, further solidifying Ripple's position in the market.
- *RLUSD Stablecoin*: RLUSD has become a key collateral tool on Aave's Horizon platform and has been used in a $1.5 billion settlement, showcasing its growing utility.
- *XRP Ledger Integration*: Ripple has integrated Wormhole to enhance multichain interoperability infrastructure, expanding XRP's use cases.
- *Partnership with Chipper Cash*: Ripple has partnered with Chipper Cash to enable fast and cost-effective crypto payments across Africa, promoting financial inclusion.
- *DFSA License*: Ripple has received a DFSA license to provide regulated crypto payments in the UAE, marking a significant regulatory milestone ¹ ².
Upcoming Events
- *XRP Seoul 2025*: A conference featuring Ripple, Spartan Group, and Nature's Miracle, scheduled for September 21 in Seoul.
- *Potential ETF Listing*: Analysts speculate about the possibility of an XRP ETF, with Bloomberg analyst Eric Balchunas weighing in on the potential demand ³.