🫡⚒️💎XRP has shown resilience despite market fluctuations, supported by regulatory developments and support from strong financial institutions.🫡⚒️💎
Approved policy moves:
Recognition of XRP ETFs: The US Securities and Exchange Commission (SEC) has recognized applications for the creation of XRP-based exchange-traded funds (ETFs), indicating progress towards the approval of these financial instruments.
Approval of stablecoin RLUSD: The New York Department of Financial Services approved the issuance of RLUSD, a stablecoin backed by Ripple, strengthening the company's regulatory position.
Support from strong companies:
Strategic partnerships: Companies such as SBI Holdings and Franklin Templeton have collaborated with Ripple to launch cryptocurrency ETFs in Japan, reflecting confidence in the technology and future of XRP.
Adoption by financial institutions: Renowned banks, including Santander and American Express, have integrated Ripple solutions to enhance their cross-border payment services, highlighting the trust in the efficiency and security that XRP offers.
These regulatory advancements and the backing of recognized financial institutions reinforce XRP's position in the market, suggesting upside potential for investors interested in digital assets with solid fundamentals.
$XRP 🚀🚀🚀🚀