BBbirdZ / Shutterstock.com XRP (CRYPTO:XRP) is the cryptocurrency which powers one of the most impressive decentralized payment networks in the world. Via the XRP Ledger, XRP facilitates an incredible number of global transactions, with institutional parties increasingly looking at XRP as a top way to transfer value across borders and avoid the onerous percentage fees SWIFT and other networks set up by traditional banks charge, as well as the multi-day delays with payments being processed that have become ...

Key Points The SEC earlier this year dropped its appeal against Ripple, a fintech company that uses XRP to facilitate fast and cheap cross-border transactions. Ripple CEO Brad Garlinghouse estimates that the XRP blockchain will capture 14% of the transaction volume currently handled by the SWIFT system within five years. The SEC recently approved several spot XRP ETFs that should encourage adoption by eliminating friction associated with cryptocurrency exchanges. 10 stocks we like better than XRP › ...

If you guys watched this video, then you know that we are extremely early in the tokenization of essentially every single asset in the world. Now, I do want to go back to this video a little bit because we just got another big update and it is surrounding the entire XRP ledger in a huge way. And again, I I want to stress just how important this moment in time is to be completely locked in on networks like the XRP ledger.And I'll talk about exactly what that means. So, let's first start off with what I menti ...

Core Insights - Ripple is expanding its RLUSD stablecoin to layer-2 networks on Ethereum, including Optimism, Coinbase's Base, Kraken's Ink, and Uniswap's Unichain, with the integration involving the interoperability protocol Wormhole [1][2] - The company emphasizes that stablecoins are essential for DeFi and institutional adoption, aiming to set a standard for compliance and on-chain efficiency [2] - The XRP Ledger has launched an Ethereum-compatible network, which has seen limited trading volume of $80 over the past week, hosting eight projects including decentralized exchanges and an NFT marketplace [2] Trading Volume and Market Activity - RLUSD generated $32 million in trading volume over the past day, with significant activity on the Bullish exchange, which accounted for $24 million of that volume [3][4] - The presence of RLUSD is also noted on Kraken and Bitstamp, indicating a diversified trading strategy [4] Regulatory and Market Context - Ripple's CEO highlighted the company's conditional approval for a national trust banking charter, which is seen as a significant advancement for the stablecoin, valued at $1.3 billion [5] - The approval from the Office of the Comptroller of the Currency for other stablecoin issuers like Paxos and Circle indicates a competitive regulatory environment [6]

Layer-1 Network Competition - Ripple executive Luke Judges suggests XRP Ledger needs a faster, more pragmatic, Solana-style execution and go-to-market strategy [1] - The goal is to remain competitive among layer-1 networks [1]

🆕 Ripple's RLUSD surpasses $1B market cap.@Ripple is often known as the original development company behind XRP and the XRP Ledger (XRPL). However, over the past two years, Ripple has expanded into four new business lines: payments, custody, prime brokerage, and stablecoins (RLUSD).RLUSD is deployed on both XRPL and Ethereum, with roughly 85% of the supply on Ethereum. On Ethereum alone, RLUSD surpassed $1B in market cap 12 months after its launch. If RLUSD’s market cap were to grow 10x from here, Ripple co ...

📊 LATEST: XRP Ledger’s circulation velocity spiked to 0.0324 on Dec 2, the highest level this year per CryptoQuant. https://t.co/fsuQH3nHys ...

🚨 LATEST: XRP Ledger whale and shark wallets dropped in number over past 8 weeks, yet remaining holders accumulated to 7-year high of 48B coins collectively, per Santiment. https://t.co/kfq4SCqUvy ...

🐳 XRP Ledger is seeing a fascinating trend of whale & shark wallets shrinking in number, but continuing to grow in coins held. There are -20.6% less 100M+ $XRP wallets compared to 8 weeks ago, but they still own a 7-year high 48B coins collectively.🔗 https://t.co/vvuvnoGOQJ https://t.co/UKFTmUofmg ...

Core Viewpoint - XRP is positioned for a potentially strong year due to the launch of a U.S. spot ETF, institutional interest, and enhancements to its ledger technology [1] Group 1: Market Developments - The approval of the first U.S. spot XRP ETF, the Canary XRP ETF, began trading on November 13, attracting $250 million in investments within the first few days, marking it as the strongest crypto ETF debut of the year [3] - Ripple has partnered with over 300 banks and financial institutions to promote the use of the XRP Ledger (XRPL) for cross-border settlements, aiming to integrate XRP into these financial functions [4] Group 2: Technological Advancements - The XRP Ledger has introduced an automated market maker (AMM) feature and tools for issuing tokenized real-world assets, enhancing its appeal for asset managers [5] - The emergence of XRP-focused digital asset treasury companies, such as Evernorth, which plans to raise over $1 billion to become a major publicly traded holder of XRP, could increase demand and tighten the asset's float [6]