Ripple | Crypto

While engaged in negotiations over ethics in a crypto market structure bill in Congress, Senator Kirsten Gillibrand said she had “no involvement” in her son’s derivatives exchange, backed by at least one industry figure. Chris Larsen, co-founder and executive chair of Ripple Labs, was reportedly among those backing the financial venture of US Senator Kirsten Gillibrand’s son as negotiations over a significant piece of crypto-related legislation continue in the Senate. According to a Thursday Politico report, Larsen was one of a handful of investors backing the American Perpetuals Exchange Corp. (APEC), founded by Theodore Gillibrand. Although Larsen’s exact contribution was not included in the report, the majority of investors contributed between $5,000 to $10,000 each into the derivatives platform, which reportedly raised $30 million. The investment comes as the New York lawmaker is involved in negotiations over ethics provisions in the Digital Asset Market Clarity (CLARITY) Act, legislation expected to have...

Colorado’s Democratic and Republican primaries finished on Tuesday, with at least one candidate supported by $1 million from a crypto-aligned PAC going to the November general election. Manny Rutinel, a Democratic candidate running to represent Colorado’s 8th congressional district, has won his party’s primary and will head to the November election after being supported by a crypto-aligned political action committee (PAC). Early on Wednesday, Rutinel reported that he would be the Democratic nominee for Colorado’s 8th district, having won with 61.7% of the vote against Shannon Bird’s 33.6%. Before the primary, the You Can Push Back Super PAC, backed by $3.5 million from Ripple Labs co-founder Chris Larsen, reportedly spent $1 million on media to support Rutinel’s run.  The Colorado Democrat has a “strongly supports crypto” rating from the Coinbase-affiliated Stand With Crypto organization, based on his answers to questions about stablecoins, market structure and regulatory clarity. Coinbase is also a major con...

Ripple is trying to move the XRP Ledger (XRPL) deeper into institutional credit, a push that could expand the network’s role beyond cross-border payments and give XRP a broader claim on the next phase of onchain finance. The company is backing a proposed lending upgrade that would allow institutions to borrow against assets they hold […] The post Ripple bets XRPL lending can give XRP a future beyond payments as price struggles appeared first on CryptoSlate.

XRP is down 6% on the weekly chart. Where will it stop? Ripple (XRP) Price Predictions: Analysis Key support levels: $1 Key resistance levels: $1.3, $1.6, $2 XRP is Back at $1 Despite the best efforts from buyers, XRP has returned to the $1 support. This is the third time in the past two weeks […]

Ripple outlined how the XRP Ledger Lending Protocol would provide institutions with a novel way to structure loans directly on-chain.

Ripple secured preliminary approval as a Crypto-Asset Service Provider from Luxembourg's financial regulator, the CSSF, on June 23. The approval was delivered as a “Green Light Letter,” which the company is pairing with the EMI license it finalized in the same jurisdiction in February. Together, the two approvals put Ripple inside MiCA's perimeter, where one […] The post Ripple’s MiCA win is not a full license yet – Here’s what it still has to prove appeared first on CryptoSlate.

Ripple and SBI announced the official launch of RLUSD in Japan on June 24, following JFSA approval, with the stablecoin available to institutional and retail users through SBI VC Trade. Ripple categorized RLUSD under Japan's Payment Services Act as a new type of electronic payment instrument for foreign-issued stablecoins, the first time the company has […] The post Ripple got RLUSD into Japan, now the stablecoin race begins as Circle and Nomura join appeared first on CryptoSlate.

Ripple is pursuing a coordinated expansion of its stablecoin infrastructure across Europe and Africa, combining a strategic investment in payments company Flutterwave with preliminary regulatory approval in the European Union to widen the reach of its digital-asset services. The dual-track strategy targets high-volume cross-border payment and remittance corridors in sub-Saharan Africa while giving Ripple a […] The post Ripple gives RLUSD a MiCA foothold in Europe and route into African payments – but is volume there? appeared first on CryptoSlate.

The license will enable Ripple to offer its stablecoin payment systems to European companies and expand into broader crypto functions.

Ripple secures preliminary CASP approval in Luxembourg ahead of July 1 MiCA deadline as companies race for EU crypto licensing. Luxembourg's financial regulator granted Ripple preliminary approval for a crypto asset service provider (CASP) license under the European Union’s Markets in Crypto-Assets Regulation (MiCA), the company said Tuesday. Ripple said in a statement that the approval, once finalized, would allow it to offer regulated crypto services to banks, fintechs and other businesses across all 30 countries in the European Economic Area (EEA) through a single regulatory passport. The move builds on Ripple's existing Electronic Money Institution (EMI) license in Luxembourg, which allows it to provide regulated cross-border payments and electronic money services across the EEA. The update comes just days before the July 1 transitional deadline, when EU countries begin fully applying MiCA rules. Read more

XRP is down 10% on the weekly chart, with the $1 support on sight. Will buyers return there? Ripple (XRP) Price Predictions: Analysis Key support levels: $1 Key resistance levels: $1.3, $1.6, $2 Sellers Eye $1 After the bearish retest of the $1.3 resistance, sellers returned in force and now appear ready to revisit the […]

Ripple has been more than active lately, yet XRP keeps bleeding.

Ripple’s investment in Flutterwave will bring RLUSD, Ripple Payments and XRPL to one of Africa’s largest fintechs as blockchain remittances gain traction. Blockchain payments company Ripple has acquired an equity stake in African fintech giant Flutterwave, deepening its push into one of the world's fastest-growing cross-border payments markets. Flutterwave CEO Olugbenga Agboola said the undisclosed investment values the company at $3.3 billion, according to Bloomberg. The deal gives Ripple exposure to Africa’s fast-expanding payments ecosystem while providing Flutterwave with additional resources to scale its financial infrastructure. The investment makes Ripple a shareholder rather than an owner or commercial partner. Flutterwave operates in 35 African countries and has recently expanded its digital asset offerings by integrating stablecoin payment services. Read more

XRP is found in a relief rally with $1.3 as a key target to reclaim. The asset challenged it yesterday, but it was stopped. Can it break through this week? Ripple (XRP) Price Predictions: Analysis Key support levels: $1.2, $1 Key resistance levels: $1.3, $1.6, $2 Buyers Push XRP into a Relief Rally After the […]

The XRPL AI Starter Kit gives developers tools for agent payments, but early x402 activity has clustered on Base and Solana. Ripple’s bet is that XRPL’s speed, low fees and RLUSD can win a piece of that flow.

Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 billion supply milestone as Ripple tries to position its blockchain for automated payments. The surge gives Ripple a stronger base for one of its most ambitious pitches yet: that artificial intelligence agents will […] The post Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion appeared first on CryptoSlate.

The companies are pairing MXNB and RLUSD on the XRP Ledger to support institutional payments between the United States and Mexico as stablecoin adoption grows across Latin America. Bitso is expanding its payments partnership with Ripple by bringing its Mexican peso-backed MXNB stablecoin onto the XRP Ledger, where it will be used alongside Ripple USD (RLUSD) to support enterprise cross-border settlement between the United States and Mexico. Mexico City-based Bitso said it will issue MXNB on the XRP Ledger where it will be integrated into Ripple's Payments on DEX infrastructure and paired with RLUSD stablecoin for dollar- and peso-denominated settlement of enterprise payments. Money transfers between the US and Mexico comprise the single largest remittance corridor in the world, according to the US Federal Reserve. American goods and services trade with Mexico totaled an estimated $935.1 billion in 2024, up 5.5% from 2023, according to the White House Office of the US Trade Representative. Read more

XRP is down 8% on the weekly chart as bears just tested support at $1. Ripple (XRP) Price Predictions: Analysis Key support levels: $1 Key resistance levels: $1.4, $1.6, $2 Price Hits $1 In the past week, XRP fell to $1 after sellers took over the price action. After testing this key psychological level, this […]

XRP is down 9% on the weekly chart! Can the support at $1 stop the downtrend? Ripple (XRP) Price Predictions: Analysis Key support levels: $1 Key resistance levels: $1.4, $1.6, $2 Downtrend Resumes After three months of XRP moving sideways to form a large pennant, the price finally fell below it. With this latest drop, […]

Ripple is pushing its dollar-backed stablecoin into Turkey, betting that one of the world’s most active digital-asset markets is ready for a more regulated version of the digital dollars already used to navigate currency weakness and limited access to traditional dollar savings. On June 2, the Brad Garlinghouse-led company announced that its US dollar-pegged stablecoin, […] The post Ripple is bringing its regulated RLUSD stablecoin to MENA’s biggest crypto market appeared first on CryptoSlate.