🚀 Ripple Co-Founder Arthur Britto's Enigmatic Role Highlighted
#Ripple #XRP #ArthurBritto #DavidSchwartz #JedMcCaleb #XRPledger #Stellar #cryptocurrency #digitalassets #innovation #XLM
According to U.Today, the creation of the XRP Ledger, XRP, and Ripple involved three key figures: David Schwartz, Jed McCaleb, and Arthur Britto. While Schwartz and McCaleb are well-known in the media, Britto remains a mysterious figure, rarely appearing in the public eye. Recently, Britto's name resurfaced in a social media discussion when David Schwartz, Ripple's current Chief Technology Officer, responded to a question that had been unanswered for over three years. When asked if he was Britto, Schwartz clarified that he was not, emphasizing that Britto is a distinct individual who values his privacy. Schwartz humorously added that he is willing to take credit for Britto's ideas, as Britto does not mind.
Schwartz's comments shed light on the relationship between the Ripple founders and the challenges they faced. Jed McCaleb eventually left Ripple to establish Stellar (XLM), but the collaboration among the trio significantly influenced the digital asset landscape. Schwartz hinted at the difficulties Ripple encountered, particularly the tensions following McCaleb's departure. He cited issues such as corporate governance and differing priorities as contributing factors to the friction, highlighting the broader challenges in the cryptocurrency industry, where personal gain often conflicts with genuine innovation.
Arthur Britto, in contrast, has remained dedicated to his work, avoiding controversy and public attention. Schwartz acknowledged Britto's vital contributions to the XRP Ledger's development, noting that Britto's preference for privacy continues to shape his role in the project's history. Despite his low profile, Britto's influence on the XRP Ledger and Ripple remains significant, underscoring the importance of his work in the evolution of digital currencies.#Ripple #XRP #ArthurBritto #DavidSchwartz #JedMcCaleb #XRPledger #Stellar #cryptocurrency #digitalassets #innovation #XLM
🚀 Ripple Labs Intensifies Testing Of RLUSD Stablecoin On XRP Ledger
#RippleLabs #RLUSD #Stablecoin #XRPLedger #Minting #CrossBorderPayments #NYDFS #Blockchain
According to Odaily, Ripple Labs, a prominent blockchain payment company in the United States, has ramped up its testing of the RLUSD stablecoin. Data from the Ripple Stablecoin Tracker indicates that the company is conducting two simultaneous tests involving the minting and transferring of RLUSD on the XRP Ledger protocol. This marks the first disclosure of RLUSD testing for the current month.
Over recent months, Ripple Labs has been actively testing RLUSD as part of its efforts to integrate into the rapidly evolving stablecoin ecosystem. The latest minting activity on the XRP Ledger is recorded at Index 146, involving a total of 9,999,700 RLUSD tokens. This development follows reports from FOX Business that the New York Department of Financial Services (NYDFS) is on the verge of approving a new stablecoin issued by Ripple for cross-border payments. Sources familiar with the matter have indicated that the NYDFS has communicated its intention to approve the product, with Ripple planning to launch it on December 4.#RippleLabs #RLUSD #Stablecoin #XRPLedger #Minting #CrossBorderPayments #NYDFS #Blockchain
🚀 Grayscale Opens XRP Trust To Qualified Investors
#Grayscale #XRP #XRPTrust #QualifiedInvestors #XRPLedger #CrossBorderPayments
According to Odaily, Grayscale has announced on the X platform that the Grayscale XRP Trust is now available to qualified investors. The XRP is supported by the XRP Ledger, a distributed network designed for cross-border payments.#Grayscale #XRP #XRPTrust #QualifiedInvestors #XRPLedger #CrossBorderPayments
🚀 XRP Ledger Foundation Urges Update Due to Potential Vulnerability
#XRP #XRPledger #vulnerability #securityupdate #JavaScript #malwareresearch #supplychainattack #AikidoSecurity
According to Odaily, the XRP Ledger Foundation has identified a potential vulnerability in the latest version of the XRPL JavaScript library used for building applications. The foundation is urging affected projects to update to the patched version of the code. This issue was discovered by Charlie Eriksen, a malware researcher at Aikido Security, who warned that the 'backdoor' could lead to a 'potentially catastrophic' supply chain attack.#XRP #XRPledger #vulnerability #securityupdate #JavaScript #malwareresearch #supplychainattack #AikidoSecurity
🚀 XRP Ledger Activity Declines Amid Bitcoin Surge
#XRPLedger #XRP #Bitcoin #cryptocurrency #blockchain #marketanalysis #institutionaladoption #trading #BTC
According to PANews, recent data from XRPScan indicates a significant slowdown in activity on the XRP Ledger. Payment transactions have dropped to 320,747, marking the lowest level since October last year, and falling well below the average of over a million transactions from March to early May. The number of active addresses has also decreased to below 10,000, the lowest since October. Additionally, the amount of XRP destroyed as transaction fees has fallen to 1,500, aligning with a slowdown in new account creation. This decline follows a strong first quarter performance, where payment transactions increased by 36% and active addresses grew by 142%. Despite this, a Messari report remains optimistic about the XRP Ledger's future, citing increased institutional adoption through strategic partnerships and acquisitions.
In recent developments, Bitcoin has surged to a record high of over $110,000, rising more than 40% from its early April low. This rally has boosted the market, with XRP climbing from $1.6 to $2.6, a 62% increase. However, the upward momentum has stalled, with XRP remaining well below its January peak of approximately $3.4. This suggests that XRP has not benefited from Bitcoin's new highs as it did earlier in the year, potentially indicating weakened demand. Caution is advised, as a potential Bitcoin downturn could exert pressure on XRP prices.#XRPLedger #XRP #Bitcoin #cryptocurrency #blockchain #marketanalysis #institutionaladoption #trading #BTC
🚀 XRP News: XRP Price Risks Drop to $2 if $2.70 Support Fails — Rebound Still Possible
#XRP #XRPPrice #XRPNews #CryptoNews #FearAndGreedIndex #OnchainData #OpenInterest #TechnicalAnalysis #XRPLedger #MarketSentiment #Support270
Key Takeaways:XRP price is down 1.7% in 24 hours, testing $2.77 as sell pressure builds.Declining onchain activity and futures open interest suggest weakening investor conviction.If $2.70 fails as support, XRP could fall to $2; holding it could trigger a rebound toward $3.70.XRP is struggling to regain bullish momentum, with traders warning that a breakdown of the $2.70 support could open the door for a drop toward $2.00 in the coming weeks.The altcoin has extended losses from last week’s sharp sell-off, slipping 1.78% over the past 24 hours as bearish sentiment grips the crypto market.Onchain data signals weakening demandThe Crypto Fear & Greed Index has fallen to 46 (“fear”), down from “neutral” levels just a week ago, reflecting waning investor confidence. At the same time, active addresses on the XRP Ledger have plunged to around 19,250 from 50,000 in mid-July, signaling declining participation.Futures markets paint a similar picture. XRP open interest (OI) has dropped sharply to $7.7 billion from nearly $11 billion, suggesting that traders are pulling back exposure and conviction is weakening.Technical outlook: $2.70 remains make-or-breakXRP’s daily chart shows a descending triangle pattern — a setup often viewed as bearish when formed after a rally. The flat base of the triangle sits at $2.70, making it the critical level to watch.Bullish case: If buyers defend $2.70, XRP could break above resistance at $3.09 (50-day SMA and 0.618 Fib retracement). This would open a path toward $3.70.Bearish case: If $2.70 fails, XRP could drop to the $2.48–$2.60 demand zone (100- and 200-day SMAs). A breakdown below that range points to a deeper slide toward $2.08.Heatmap data shows buyers clustered at $2.70, while large sell orders sit between $2.87 and $3.74, signaling heavy overhead resistance.OutlookWith macro uncertainty and September seasonality adding pressure, XRP’s next move depends on whether bulls can defend $2.70. A successful rebound could restore bullish momentum toward $3.70, but failure risks a prolonged correction toward $2.00, according to Cointelegraph.#XRP #XRPPrice #XRPNews #CryptoNews #FearAndGreedIndex #OnchainData #OpenInterest #TechnicalAnalysis #XRPLedger #MarketSentiment #Support270
🚀 XRP Price Surge and ETF Launch Signal Potential Growth
#XRP #XRPR #XRPETF #REXOspreyETF #DBSBank #FranklinTempleton #TokenizedMoneyMarketFund #XRPLedger #BullFlag #MegaphonePattern #Ripple #Cointelegraph
According to Cointelegraph, XRP has experienced a notable price increase, rising 3% in the past 24 hours and 17% since its September 1 low of $2.69, now trading above $3. This upward trend is supported by both fundamental and technical factors, suggesting further gains. Analysts highlight the formation of bull flag patterns on the weekly chart, indicating a potential breakout to as high as $15. The smaller pattern, which formed in mid-June, was resolved when XRP surpassed the $3 mark, setting a target of $5.8. Meanwhile, a larger bull flag pattern, developing since November 2024, suggests an even higher target of $15.8, representing a 408% increase from current levels. Analyst Egrag Crypto also notes a megaphone pattern on the five-day chart, projecting a price of $7 by mid-November.
The launch of the REX-Osprey XRP ETF is another significant development for XRP. This ETF, trading under the ticker $XRPR, begins trading on U.S. exchanges following a 75-day review period by the SEC without objections. It is the first U.S. spot XRP ETF under full regulatory oversight, marking a milestone for XRP in mainstream finance. The ETF is structured under the Investment Company Act of 1940, allowing for a smoother approval process compared to the Securities Act of 1933. This launch could attract substantial institutional capital to XRP markets, as noted by ETF Store president Nate Geraci, who mentioned that futures-based XRP ETFs are nearing $1 billion in assets.
Additionally, Ripple's partnership with DBS Bank and Franklin Templeton to launch a tokenized money market fund on the XRP Ledger is expected to enhance XRP's real-world utility and network demand. This initiative involves establishing repo markets powered by tokenized collateral and stablecoins, potentially boosting XRP's price further. These developments collectively indicate a promising outlook for XRP, though investors are advised to conduct their own research and consider the inherent risks involved in trading and investment decisions.#XRP #XRPR #XRPETF #REXOspreyETF #DBSBank #FranklinTempleton #TokenizedMoneyMarketFund #XRPLedger #BullFlag #MegaphonePattern #Ripple #Cointelegraph
🚀 Stablecoins Dominate Daily Transfer Volumes, Data Shows
#Stablecoins #USDT #USDC #DailyTransferVolume #Cryptocurrency #TronNetwork #XRPledger #Liquidity #SettlementActivities #Glassnode #BlockBeats
According to BlockBeats, data from Glassnode reveals that the average daily transfer volume for the stablecoins USDT and USDC is approximately $192 billion (90-day simple moving average). This figure is nearly double the transfer volume of the top five cryptocurrencies, which stands at around $103 billion, indicating that stablecoins are handling a larger share of liquidity and settlement activities.
Additionally, the daily transfer volume for USDT and USDC on the Tron network is about $24.2 billion, which is nearly ten times the transfer volume on the XRP ledger.#Stablecoins #USDT #USDC #DailyTransferVolume #Cryptocurrency #TronNetwork #XRPledger #Liquidity #SettlementActivities #Glassnode #BlockBeats
🚀 Dubai Diamond Inventory Tokenized on XRP Ledger
#Dubai #DiamondInventory #Tokenization #XRPLedger #Ripple #CustodyTechnology #VirtualAssets #DubaiRegulation #PhysicalAssets
Billiton Diamond and Ctrl Alt have successfully tokenized $280 million worth of diamond inventory in Dubai on the XRP Ledger. According to NS3.AI, this initiative utilizes Ripple's custody technology to securely issue and transfer tokens backed by diamonds. The project is awaiting approval from Dubai’s Virtual Assets Regulatory Authority and underscores the growing use of the XRP Ledger for tokenizing physical assets.#Dubai #DiamondInventory #Tokenization #XRPLedger #Ripple #CustodyTechnology #VirtualAssets #DubaiRegulation #PhysicalAssets
🚀 XRP Ledger Introduces Permissioned Domains for Enhanced Compliance
#XRP #XRPledger #PermissionedDomains #Compliance #Blockchain #DigitalWallets #InstitutionalAdoption #TokenizedAssets #Ripple #OnChainTransactions
The XRP Ledger (XRPL) has unveiled Permissioned Domains, a protocol feature designed to facilitate regulated financial activities with on-chain compliance while maintaining privacy. According to NS3.AI, this enhancement allows institutions to limit access to specific digital wallets that possess verified credentials, thereby enabling compliant on-chain transactions, trading, and lending. This development aims to bolster Ripple's efforts to increase institutional adoption in the realm of tokenized real-world assets, which are experiencing significant growth in market size and importance.#XRP #XRPledger #PermissionedDomains #Compliance #Blockchain #DigitalWallets #InstitutionalAdoption #TokenizedAssets #Ripple #OnChainTransactions
🚀 Binance Integrates Ripple USD (RLUSD) on XRP Ledger, Opens Deposits
#Binance #RippleUSD #RLUSD #XRP #XRPledger #stablecoin #cryptocurrency #blockchain #crypto #deposits #liquidity #cryptoecosystem
Binance has completed the integration of Ripple USD on the XRP Ledger, enabling users to deposit the stablecoin on the network.Deposits for RLUSD are now open, while withdrawals will be enabled once sufficient on-chain liquidity is established, Binance said. Users can access their assigned deposit addresses through the platform, with the token’s contract details available on the XRP Ledger.The integration expands RLUSD’s accessibility within Binance’s ecosystem and adds to the growing range of stablecoin options supported across multiple blockchain networks.#Binance #RippleUSD #RLUSD #XRP #XRPledger #stablecoin #cryptocurrency #blockchain #crypto #deposits #liquidity #cryptoecosystem
🚀 XRP Ledger Expands Escrow Functionality with XLS-85 Amendment
#XRP #XRPledger #escrow #XLS85 #trustline #multipurposetokens #tokenizedfinance #networkactivity #fees #institutionaluse #crypto #blockchain
The XRP Ledger has activated the XLS-85 amendment, which extends native escrow functionality to Trustline-based and Multi-Purpose Tokens. According to NS3.AI, this development facilitates secure conditional settlements beyond XRP itself, enhancing the utility of the XRPL for institutional use cases and tokenized finance. The upgrade is expected to potentially increase demand for XRP through higher network activity and fees. While the immediate price effects on XRP remain uncertain, the broader adoption of escrow-enabled tokens could strengthen long-term fundamentals and market sentiment.#XRP #XRPledger #escrow #XLS85 #trustline #multipurposetokens #tokenizedfinance #networkactivity #fees #institutionaluse #crypto #blockchain
🚀 Mastercard, BlackRock, and Franklin Templeton Evaluate XRP Ledger for International Payments
#Mastercard #BlackRock #FranklinTempleton #XRPLedger #InternationalPayments #Blockchain #CrossBorderPayments #AssetIssuance #RealTimeSettlement #BridgeCurrency
Mastercard, BlackRock, and Franklin Templeton are evaluating XRP Ledger to enable faster, lower-cost international payments, settlements, and asset issuance. According to NS3, XRP Ledger supports real-time transaction settlement using XRP as a bridge currency, eliminating the need for pre-funded accounts. While still in the technology evaluation phase, these institutions aim to replace traditional cross-border payment infrastructure with blockchain solutions.#Mastercard #BlackRock #FranklinTempleton #XRPLedger #InternationalPayments #Blockchain #CrossBorderPayments #AssetIssuance #RealTimeSettlement #BridgeCurrency
🚀 XRP Ledger Introduces Permissioned DEX for Regulated Institutions
#XRPLedger #PermissionedDEX #RegulatedInstitutions #Compliance #Security #XRPL
The XRP Ledger has implemented an amendment to introduce a permissioned decentralized exchange (DEX) specifically designed for regulated institutions. According to NS3.AI, this new feature limits order placement and fulfillment to approved entities, thereby adding a layer of control over the built-in XRPL exchange. The controlled environment is intended to improve compliance and security for institutional participants.#XRPLedger #PermissionedDEX #RegulatedInstitutions #Compliance #Security #XRPL
🚀 Ripple and Aviva Investors to Tokenize Traditional Funds on XRP Ledger
#Ripple #AvivaInvestors #Tokenize #TraditionalFunds #XRPLedger #NS3AI #DEX #ValidatorAvailability #XRPNetwork #SustainableAdoption
Ripple and Aviva Investors have announced plans to tokenize traditional fund structures on the XRP Ledger, with the initiative set to extend throughout 2026 and beyond. According to NS3.AI, recent metrics indicate moderate declines in new addresses and decentralized exchange (DEX) volumes. A critical focus remains on validator availability, as the XRP Ledger requires an 80% quorum for consensus. Monitoring the health of the XRP network involves analyzing payments, market activity, and infrastructure components to assess sustainable adoption.#Ripple #AvivaInvestors #Tokenize #TraditionalFunds #XRPLedger #NS3AI #DEX #ValidatorAvailability #XRPNetwork #SustainableAdoption
🚀 Launch of RWA-Backed Yield Protocol on XRP Ledger
#RWABackedYieldProtocol #XRPLedger #RLUSD #FixedIncome #OnChainVaults #Stablecoin #NS3AI #ORQO #Poland #Malta #RealWorldAssets
Soil has introduced a real-world asset-backed yield protocol on the XRP Ledger, utilizing Ripple's stablecoin RLUSD. According to NS3.AI, this protocol allows RLUSD holders to earn fixed income by depositing into on-chain vaults. An initial pool of $1 million was filled within 72 hours. Developer ORQO is regulated with licenses in Poland and Malta.#RWABackedYieldProtocol #XRPLedger #RLUSD #FixedIncome #OnChainVaults #Stablecoin #NS3AI #ORQO #Poland #Malta #RealWorldAssets
🚀 XRP Ledger Sees Increased Activity Amid Price Pressure
#XRPLedger #XRP #transactionvolume #decentralizedexchange #AMM #networkusage #PermissionedDomains #PermissionedDEX #whaleselling #cryptocurrency #pricerecovery
The XRP Ledger experienced its highest transaction volumes in a year during February, with successful payments reaching 2.7 million. According to NS3.AI, there was notable activity in its Automated Market Maker on the decentralized exchange, signaling growing adoption and network usage. This surge follows recent upgrades, including Permissioned Domains and the Permissioned DEX launch. Despite these developments, XRP's price remained below $1.4, influenced by increased whale selling. A key resistance level at $1.47 must be overcome for potential price recovery.#XRPLedger #XRP #transactionvolume #decentralizedexchange #AMM #networkusage #PermissionedDomains #PermissionedDEX #whaleselling #cryptocurrency #pricerecovery