🗞️ Need to catch up on the news? Here's our top 10 from today:🔸 Franklin Templeton launches tokenized USD money market fund in Hong Kong.🔹 Ripple partners with Mastercard, WebBank, and Gemini to bring $RLUSD stablecoin settlement to the XRP Ledger for fiat card payments.🔸 President Trump says, “It (Crypto) takes a lot of pressure off the dollar, it does a lot of good things.”🔹 Circle updated $USDC terms to allow weapon purchases if legal.🔸 Tangem launches Tangem Pay, lets users spend $USDC via a Visa virtua ...

🇬🇧 TODAY: Bank of England pledges to roll out stablecoin rules "just as quickly as the US" amid concerns it's falling behind.Is the UK finally catching up? https://t.co/Z1MJCZ2Nqi ...

Q3 2025 Performance - Revenues reached $1.17 billion, a 14% year-over-year increase[10] - Adjusted EPS was $5.70, up 14% year-over-year, and 17% on a constant macro basis[10] - Organic revenue growth was 11%[10] - Adjusted EBITDA was $677 million, a 14% year-over-year increase[10] - Revenue retention improved to 92.4%[10] Segment Performance - Corporate Payments revenue grew by 17%, or 18% excluding float[10] - Vehicle Payments organic revenue growth was 10%[15] - Corporate Payments organic revenue growth was 17%[15] - Lodging Payments organic revenue declined by 5%[15] Guidance and Outlook - Q4 2025 GAAP revenue is projected between $1.225 billion and $1.245 billion, a 19% year-over-year increase[36] - Full year 2025 GAAP revenue is projected between $4.505 billion and $4.525 billion, a 14% year-over-year increase[36] - The company expects organic revenue growth of 9%-11% in 2026[41]

🚀 Week in Crypto Adoption: Nigeria Builds Africa's Rails, Canada Pushes Stablecoin Laws, Venezuela Runs on USDTFrom Flutterwave's 34-country network to Canada's federal framework, Venezuela's economic rewiring, and Malaysia's tokenization roadmap!Let's explore this week's Alpha ecosystem evolution. 🧵1/7 ...

Core Insights - Ripple has announced a $500 million strategic investment round at a $40 billion valuation, led by Fortress Investment Group and Citadel Securities, with participation from other notable investors, indicating strong investor confidence in the company's growth trajectory [1] Institutional Confidence and Record Valuation - The recent investment follows a $1 billion tender offer completed earlier this year at the same valuation, highlighting robust institutional demand for Ripple's equity [2] Share Repurchase and Institutional Network - Over recent years, Ripple has repurchased more than 25% of its outstanding shares, enhancing liquidity for shareholders and attracting new strategic partners, demonstrating the company's intent to strengthen its institutional network globally [3] Company Momentum and Market Opportunity - Ripple's CEO, Brad Garlinghouse, emphasized that the investment reflects the company's momentum and validates the market opportunities being pursued, noting the expansion from payments to custody, stablecoins, prime brokerage, and corporate treasury [4] Expansion Through Acquisitions and Product Development - Ripple has completed six acquisitions in just over two years, including two valued at over $1 billion, which broadens its footprint across payments, custody, and stablecoins [5] Key Infrastructure Development - The acquisition of Rail, a stablecoin infrastructure provider, has become essential for Ripple Payments, creating an efficient on-and-off ramp for global businesses seeking faster, lower-cost international transactions [6] Regulatory Licenses and Adoption - Ripple now holds 75 regulatory licenses, enabling it to facilitate money movement for clients and streamline liquidity management, with total Ripple Payments volumes exceeding $95 billion, indicating accelerating adoption among enterprise clients [7] Stablecoin and Treasury Development - Following the GENIUS Act, institutions are increasingly adopting Ripple's RLUSD stablecoin for treasury payments and collateral use, with the acquisition of GTreasury enhancing capabilities in corporate cash management for Fortune 500 clients [8]

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. While dollar-backed stablecoins continue their stranglehold on the global market—commanding 99% of the $286 billion sector—Japan just made a move that could finally give Asia its own digital currency heavyweight. Tokyo-based fintech startup JPYC launched the world’s first fully regulated yen-pegged stablecoin on Oct. 27, marking what could be a turning point for investors tired of depending solely on U.S. ...

Core Insights - Ripple is partnering with Mastercard and Gemini to enable stablecoin payments for credit card transactions, specifically using the RLUSD stablecoin on Ripple's XRPL blockchain [1][5] - Mastercard is integrating regulated stablecoins into its global payments network, emphasizing consumer choice and safety, while exploring future blockchain applications [2] - The stablecoin market has grown 48% to a valuation of $305 billion, with expectations to reach $4 trillion by 2030, attracting institutional interest from major financial players [3] Partnership Details - The partnership allows purchases with a Gemini-branded credit card to be settled using RLUSD, with WebBank as the issuer [1][5] - This collaboration marks one of the first instances of a US bank settling credit card transactions using stablecoins on a public blockchain [5] Market Trends - The US government has adopted a more favorable stance towards digital assets, leading to regulatory easing and the signing of a landmark stablecoin bill [2] - Major financial institutions, including Zelle, Western Union, and Wells Fargo, are looking to engage with stablecoins [3] Company Developments - Mastercard is reportedly in late-stage talks to acquire stablecoin startup Zerohash for up to $2 billion [4] - Ripple's RLUSD stablecoin is backed by US dollar deposits, short-term US Treasuries, and cash equivalents, and is being integrated into Ripple's various business operations, including GTreasury [6] Industry Education - GTreasury's CEO expressed a commitment to educating clients on the benefits of stablecoins in treasury management during Ripple's Swell conference [7]

Core Insights - Ripple is collaborating with Mastercard, WebBank, and Gemini to explore the use of its dollar-backed RLUSD stablecoin for settling fiat credit card transactions on the XRP Ledger [1] - The initiative is contingent on obtaining regulatory approvals, with plans to begin RLUSD onboarding in the coming months [2] - The integration of RLUSD aims to enhance the efficiency and speed of the settlement process for credit card transactions [3][4] Company Developments - The partnership includes the use of RLUSD for all Gemini Credit Cards, including those linked to Bitcoin and Solana, potentially streamlining the settlement process [3] - Ripple's RLUSD stablecoin has a market cap of over $1 billion, making it the 11th largest stablecoin by market capitalization [4] - Ripple raised $500 million at a valuation of $40 billion, indicating strong investor confidence [5] Regulatory Context - Regulatory approval is emphasized as a critical component of the initiative, ensuring compliance with applicable frameworks [2] - The stablecoin is regulated by the New York Department of Financial Services (NYDFS) and is primarily custodied by BNY Mellon [5] Market Position - The RLUSD stablecoin was launched in December and has since expanded its use, including integration into Securitize's platform for institutional applications [4][5] - The Ripple-linked XRP token has experienced a 2.6% decrease in value over the last 24 hours, trading at $2.26 [5]

Financial Data and Key Metrics Changes - The company reported record first-quarter non-GAAP revenue of $636 million, an increase of 8.7% compared to the same quarter last year, exceeding the anticipated growth of 7-7.5% [4][19] - Non-GAAP operating margin improved to 27.2%, reflecting a margin expansion of 227 basis points year-over-year [4][19] - GAAP revenue increased by 7%, while non-GAAP revenue rose by 9%, with a notable impact from the timing of the Connect client conference [19][20] Business Line Data and Key Metrics Changes - The core segment saw non-GAAP revenue growth of 6%, with operating margins increasing by 114 basis points [24] - The payment segment experienced an 8% increase in non-GAAP revenue, with a 170 basis points improvement in operating margins [24] - The complementary segment achieved a 9% increase in non-GAAP revenue, along with a 75 basis points margin expansion [24][16] Market Data and Key Metrics Changes - The number of financial institutions using faster payment solutions like Zelle, RTP, and FedNow increased by 20%, 25%, and 32% respectively over the past year [15] - Payment transaction volume through these channels surged by 55% compared to the previous year [15] - The Banno digital platform registered 14.7 million users, a 15% increase from 12.7 million users a year ago [17] Company Strategy and Development Direction - The company is focusing on migrating clients to its private cloud, with 77% of core clients now operating in this environment, which generates approximately twice the revenue compared to on-premise clients [5] - The acquisition of Victor Technologies is aimed at enhancing payment capabilities and creating new revenue streams [9][10] - The company is actively developing solutions for stablecoin and has completed a proof of concept for USDC transactions [10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the overall performance and future growth, citing strong demand for technology solutions among clients [19][28] - The company anticipates continued investment in technology by clients, with 71% of banks reporting increased technology budgets for fiscal year 2025 [17] - Management noted that the competitive landscape remains stable, with no significant increase in pricing pressure [32] Other Important Information - The company ended the quarter with minimal debt and plans to remain debt-free barring any acquisitions [25] - The updated fiscal 2026 guidance includes an increase in GAAP revenue growth to a range of 4.9%-5.9% and non-GAAP revenue growth to 6%-7% [26][27] - The company is celebrating the 40th anniversary of its IPO with a bell ringing at NASDAQ [18] Q&A Session Summary Question: Sustainability of Margin Expansion - Management indicated that margin expansion is expected to continue due to disciplined spending and efficiencies from AI [30] Question: Competitive Environment and Core Conversions - Management noted that while there is ongoing core consolidation in the market, they do not see a significant increase in competitive pressure [32] Question: Sales Momentum and Private Cloud Conversions - Management confirmed that they expect to maintain a strong pipeline for private cloud migrations, with continued focus on selling outside the core [34][36] Question: Impact of M&A on Recurring Revenue - Management expects the number of core activity to remain stable despite M&A activity, with a strong pipeline supporting this outlook [38][40] Question: Trends in Customer Demand for Deposits and Lending - Management highlighted that maintaining deposit growth is currently a priority for clients, alongside increasing lending opportunities [44][46] Question: Revenue Growth and Pricing Compression - Management acknowledged that pricing compression has been a headwind but noted stabilization in pricing and improved sales processes [47][49] Question: Performance of New Payment Solutions - Management expressed optimism about the long-term growth potential of new payment solutions like Tap-to-Local and Rapid Transfers [55][57]

The image highlights XRP and RLUSD as key drivers of Ripple’s expanding payments network and accelerating stablecoin adoption. — Source: CoinGape Ripple gets financed with $500 million following increase in volume of payments and faster adoption of RLUSD. Record growth and significant acquisitions lead to investors supporting the long-term plan of Ripple. Following rapid increase in demand from institutions, Ripple is improving its payments, custody and stablecoin services. Garlinghouse says new in ...