XRP Derivatives Volume Surges 62.99% Amid Bullish Activity Is XRP on the cusp of a significant price surge? Recent trading data suggests so, with XRP derivatives volume skyrocketing by 62.99% to $4.52 billion, according to Coinglass data. This surge has sparked a wave of excitement among traders, even as open interest dipped slightly by 0.3% […]
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Ripple’s RLUSD Pilot Brings Hope to Kenyan Pastoralists Amid Drought In Laikipia County, Kenya, Ripple has launched a pilot project to combat drought using its stablecoin, Ripple USD (RLUSD). This initiative, in partnership with Mercy Corps Ventures and DIVA Donate, aims to provide financial relief to approximately 533 pastoralists, leveraging blockchain technology and smart contracts. […]
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Kraken Embraces Ripple’s RLUSD, Boosting Stablecoin’s Cross-Border Payment Potential Kraken, a leading US crypto exchange, has added support for Ripple’s new stablecoin, RLUSD, enhancing its potential for cross-border payments. Launched in mid-December 2024, RLUSD has already surpassed a $293 million market cap and is now available on both the XRP Ledger and Ethereum blockchains. This […]
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Ripple Integrates RLUSD into Payments Platform, Boosting Cross-Border Efficiency Ripple has taken a bold step forward by integrating its USD-backed stablecoin, RLUSD, into its Ripple Payments platform. This move aims to streamline cross-border transactions and expand the utility of RLUSD among financial institutions. Ripple integrates RLUSD into Ripple Payments RLUSD launched in December 2024 Market […]
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Ripple’s RLUSD Stablecoin Surpasses $120 Million in Total Supply Ripple’s RLUSD stablecoin has hit a major milestone, surpassing a total supply of $120 million. This marks a significant achievement for the stablecoin, highlighting its growth and acceptance within the cryptocurrency market. RLUSD total supply exceeds $120 million Stablecoin gains traction on XRP Ledger and Ethereum […]
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Ripple Transfers $690M in XRP, Launches RLUSD Amid Market Fluctuations Ripple Labs made a significant move on January 9, transferring 300 million XRP, valued at around $690 million, to an intermediary address as part of their ongoing ‘XRP Unlock Strategy.’ Amidst recent market volatility, XRP has been trading around $2.28-$2.30, following a 360% surge in […]
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