XRP’s price soared to a record $3.41, eclipsing its previous 2018 high of $3.40, fueled by institutional adoption and fading regulatory concerns. The token’s market cap surpassed $200 billion, displacing USDT as the third-largest crypto asset. Analysts attribute the rally to Ripple’s focus on regulatory-compliant blockchain solutions for cross-border payments, with Standard Chartered projecting a long-term target of $12.25. Ripple’s legal battle with the SEC nears resolution, further boosting investor confidence. The company’s stablecoin, Ripple USD, and tokenization efforts are also gaining traction, reinforcing XRP Ledger’s utility in traditional finance.
about XRP Hits Record High Amid Altcoin SurgeRipple USD
0 posts last weekRipple Seeks US Banking License as Dogecoin Eyes $0.25
Ripple CEO Brad Garlinghouse announced on X that the company is applying for a national bank charter with the US Office of the Comptroller of the Currency (OCC). If approved, this would position Ripple under federal and state oversight, enhancing trust in its stablecoin, Ripple USD, which is already regulated by the New York Department of Financial Services. The move comes as Dogecoin traders speculate whether the cryptocurrency can regain its key $0.25 level, reflecting broader market dynamics in the crypto space.
about Ripple Seeks US Banking License as Dogecoin Eyes $0.25USDC Gains Ground as Stablecoin Market Intensifies
The stablecoin market remains highly concentrated, with Tether (USDT) holding a dominant 66% share, while Circle’s USDC follows at 28%. Despite USDT’s lead, USDC has seen accelerated growth since November, partly due to a more favorable regulatory environment in the U.S. New entrants like Ethena’s USDe and traditional financial players such as PayPal and Fidelity are intensifying competition. Tether remains the most profitable issuer, leveraging yield-bearing assets like Treasury bills, while USDC attracts institutions seeking regulatory clarity. Meanwhile, Ethena’s USDe offers high yields, positioning itself as a competitive alternative in both centralized and decentralized finance ecosystems.
about USDC Gains Ground as Stablecoin Market IntensifiesRipple President Discusses Stablecoins Growth and Future Innovations in Finance
Ripple President Monica Long highlighted the pivotal role of the RLUSD stablecoin in driving the ecosystem’s growth, predicting significant advancements in stablecoin payments by 2025. She emphasized Ripple’s commitment to efficient cross-border transfers and collaboration with major banks, while also discussing the importance of regulatory clarity and innovation in banking. Long expressed optimism about the potential approval of XRP ETFs, noting the increasing institutional interest and the company’s strategic focus on tokenization and custody solutions.
about Ripple President Discusses Stablecoins Growth and Future Innovations in FinanceBinance Warns Users of Rising Security Risks in Cryptocurrency Market
Binance has issued a critical warning to the crypto community about rising security risks, particularly from phishing scams and fake mobile applications that mimic its official app. Users are advised to download apps only from official sources, verify wallet addresses, and conduct trial transfers to safeguard their assets.In related news, Ripple Labs has minted 3,100,000 RLUSD, its dollar-pegged stablecoin, marking a significant addition to the XRP Ledger. This minting follows a 17-day pause and highlights the growing stablecoin ecosystem, with RLUSD’s trading volume surpassing competitors in the market.
about Binance Warns Users of Rising Security Risks in Cryptocurrency MarketRipple partners with BDACS to enhance crypto custody in South Korea
Ripple Labs has partnered with South Korea’s BDACS to provide institutional-grade crypto custody solutions, enhancing security for digital assets like XRP and RLUSD. This collaboration aims to leverage South Korea’s evolving crypto regulations, particularly in Busan’s blockchain regulation-free zone, while also developing a decentralized finance ecosystem on the XRP Ledger. BDACS’s CEO, Harry Ryoo, emphasized the partnership’s potential to expand the digital asset ecosystem and support Ripple’s blockchain initiatives.
about Ripple partners with BDACS to enhance crypto custody in South KoreaRipple Partners with BDACS for Institutional Custody of XRP and RLUSD
Ripple Labs has partnered with South Korean digital asset custody provider BDACS to enhance institutional custody for XRP and Ripple USD (RLUSD). This collaboration aligns with South Korea’s regulatory framework and aims to support the growing interest in crypto among financial institutions.BDACS will integrate Ripple Custody to ensure secure management of digital assets, while Ripple plans to develop a decentralized finance ecosystem on the XRP Ledger, including a permissioned DEX and a new multi-purpose token standard.
about Ripple Partners with BDACS for Institutional Custody of XRP and RLUSDRipple’s RLUSD Stablecoin Reaches 120 Million Supply Milestone on XRPL
Ripple’s regulated stablecoin, RLUSD, has reached a total supply of $120 million, gaining traction on the XRP Ledger due to lower transaction fees compared to Ethereum. Following its launch on December 17, RLUSD has seen a significant increase in transactions, exceeding 160,000 recently. Despite this growth, it remains far behind major stablecoins like USDC and USDT, which have market caps of $56.5 billion and $142 billion, respectively.
about Ripple's RLUSD Stablecoin Reaches 120 Million Supply Milestone on XRPLSolana Stablecoin Supply Reaches Record High of 11.1 Billion Dollars
Solana’s stablecoin supply surged by 73% since January, reaching a record $11.1 billion, driven by increased network activity following the launch of the $TRUMP memecoin. USDC remains dominant, holding nearly 78% of the supply, while new entrants like RLUSD and Sky Dollar are gaining traction in the market. Solana has surpassed Binance Chain in stablecoin issuance, reflecting a growing diversity in the ecosystem.
about Solana Stablecoin Supply Reaches Record High of 11.1 Billion DollarsRipple Launches RLUSD Stablecoin Backed by Strong Reserves and Market Interest
Ripple has launched its new stablecoin, RLUSD, backed by over $83 million in reserves, including U.S. Treasuries. The stablecoin, which aims for a 1:1 peg to the USD, has already been listed on major exchanges like Bitstamp and Bullish, with negotiations ongoing for listings on Coinbase and Binance. Currently, RLUSD has a market cap of approximately $53.1 million and ranks 3,059 on CoinMarketCap.
about Ripple Launches RLUSD Stablecoin Backed by Strong Reserves and Market InterestRipple’s RLUSD Stablecoin Gains Momentum with New Exchange Listings
Ripple’s RLUSD stablecoin has been listed on Margex, enhancing its role in cross-border payments and crypto trading. CEO Brad Garlinghouse and SVP Jack McDonald anticipate listings on major exchanges like Coinbase and Binance by 2025, despite existing technical and regulatory challenges. Bullish, backed by Peter Thiel, currently leads in RLUSD trading volume, offering it in seven pairs, indicating strong market demand.
about Ripple's RLUSD Stablecoin Gains Momentum with New Exchange ListingsRipple’s RLUSD Stablecoin Listed on Margex Trading Platform
Margex has listed Ripple’s stablecoin, RLUSD, as collateral for trading crypto pairs, enhancing user access to reliable trading solutions. RLUSD, pegged to the U.S. dollar and backed by a collateralized mechanism, offers fast, secure cross-border payments and serves as a hedge against market fluctuations. Additionally, Margex has integrated TradingView’s charting tools to improve the trading experience, providing users with real-time data and technical indicators.
about Ripple's RLUSD Stablecoin Listed on Margex Trading Platform