Key Highlights: Cross River has integrated Ripple’s dollar-backed stablecoin, RLUSD, into its proprietary Core Operating System (COS) API. Fintechs and financial institutions can now bridge traditional fiat railsāsuch as ACH, wires, and real-time paymentsāwith XRP Ledger settlement times of three to five seconds. The initiative expands on Cross River’s digital asset offerings, positioning RLUSD as ...
Key Highlights: Cross River Bank has partnered with Ripple to incorporate the dollar-backed stablecoin RLUSD into its banking infrastructure. The strategic collaboration also encompasses financial transactions executed across the XRP Ledger (XRPL). The initiative expands the institutional utility of Ripple’s payment ecosystem and regulated digital asset solutions. Cross River Bank Partners with Ripple for Stablecoin ...
Key Highlights Cross River Bank has integrated Ripple’s blockchain infrastructure, leveraging the XRP Ledger and the RLUSD stablecoin for corporate payments. RLUSD boasts a reported market capitalization exceeding $2.5 billion, with over $1 billion minted directly on the XRP Ledger. While Cross River also serves Elon Muskās X Money, no integration between X Money and ...
Key Highlights: Autonomous artificial intelligence agents have completed over 14.3 million transactions across 169 registered merchants on the XRP Ledger. RippleX Head of Engineering J. Ayo Akinyele reported that over 13 million agent payments moved through the x402 protocol, accounting for roughly 25% of all network activity. Despite the massive volume of operations, cumulative financial ...
Key Highlights: Ripple has partnered with Stripe-owned digital wallet infrastructure firm Privy to enhance the XRP Ledger (XRPL). Privy’s embedded wallet technology will allow users to transact in XRP, RLUSD, and other digital assets without directly managing private keys or recovery seed phrases. Developers can programmatically generate and manage XRPL wallets, while end users retain ...
Key Highlights: Santiment’s analysis reveals that the growth of Ripple’s stablecoin, RLUSD, does not directly correlate with price increases for XRP. Financial institutions can leverage RLUSD across multiple blockchains for payments and collateral without needing to buy or hold XRP directly. Long-term XRP valuation depends primarily on institutional XRP Ledger (XRPL) transaction activity, liquidity growth, ...
Key Highlights: Standard Chartered is rolling out custody services for Ripple’s RLUSD stablecoin via its DFSA-regulated Dubai International Financial Centre (DIFC) branch. A collateral mirroring model with institutional trading operator LMAX Group will permit institutions to leverage RLUSD holdings for trading without transferring underlying tokens off the bank’s balance sheet. The initiative builds upon a ...
Key Highlights: Standard Chartered is expanding its institutional digital asset custody services to support Ripple’s USD-pegged stablecoin, RLUSD, specifically on the XRP Ledger. Through a planned collaboration with LMAX Group, clients will be able to utilize RLUSD as margin collateral via an off-exchange “collateral mirroring” structure. The collateral mirroring model ensures that assets remain safeguarded ...
Key Highlights: Ripple is advancing efforts to establish its $RLUSD stablecoin as a key settlement and collateral asset across institutional trading systems. Following a $150 million financing deal with LMAX in January, Ripple aims to integrate $RLUSD directly into collateral infrastructure rather than restricting it to spot settlement. Global banking giant Standard Chartered continues its ...
Key Highlights: Standard Chartered provides digital asset custody services to eligible corporate clients via its Dubai International Financial Centre (DIFC) branch. The bank is collaborating with Ripple and LMAX Group to enable Ripple’s $RLUSD stablecoin to serve as collateral under its Collateral Mirroring model. The initiative allows institutional investors to access trading liquidity and mitigate ...
Key Highlights: Ripple CEO Brad Garlinghouse confirmed his substantial personal holding in $XRP, citing Rippleās execution and rising institutional adoption as primary drivers. Garlinghouse underscored a diversified crypto portfolio that includes Bitcoin, Ethereum, and Solana, rejecting token maximalism while positioning $XRP as Ripple’s “North Star.” Ecosystem utility continues to expand across institutional treasury management, supported ...
Key Highlights: Evernorth has finalized its business combination with Armada, setting its public market debut for October 12, followed by a Nasdaq closing bell ceremony on October 14. Led by former Ripple senior executive Birla, the company is deploying a corporate treasury strategy focused on accumulating XRP, institutional lending, liquidity provision, and onchain credit markets. ...