The XRP Ledger (XRPL) is making significant strides with its latest updates, sparking enthusiasm within the crypto community. Recently, the protocol introduced two major amendments named “fixEmptyDID” and “fixPreviousTxnID.” These updates were successfully approved by 31 validators, surpassing the required threshold for implementation. Ripple has also been actively working on
After experiencing a consolidation phase throughout early September, Ripple’s native cryptocurrency, XRP, has surged over 10%, reaching its August high nearing the $0.60 zone. In the past 24 hours, XRP’s price spiked by more than 8.45%, rising from a low of $0.5355 to a high of $0.5809. This jump followed
Ripple, a leading blockchain-based digital payment network and protocol, has announced significant advancements in Korea and Japan. The company has forged valuable partnerships with a plan to enhance the adoption and functionality of blockchain technology across institutions in these regions. In a long X (Twitter) thread today, Ripple revealed that
US-based cryptocurrency firm Ripple announced a partnership with the Dubai International Financial Centre (DIFC) Innovation Hub. The partnership aims to promote blockchain and digital asset innovation in the UAE. The firm has made several advancements toward global expansion in the past few months. According to Ripple’s press release, the DIFC
XRP displayed a significant swing on Friday, reflecting the global crypto market’s downturn. After a strong performance in July, where XRP surged over 30% and outpaced Bitcoin, the token has now fallen nearly 14% in just 24 hours. The price dipped from $0.65 to $0.5719, mirroring the recent BTC corrections.
The US-based Ripple ecosystem has witnessed several advancements over the past few months. Amid its lawsuit against the SEC drawing to a close, the ecosystem also launched its very own stablecoin, RLUSD, in April. The blockchain activity of Ripple has shown significant growth over the last two months, as the
Ripple CEO Brad Garlinghouse announced the company’s much-anticipated new stablecoin, Real USD (RLUSD). Which happened at the XRP Ledger Community Summit 2024 (XRPL Apex) in Amsterdam. Further, the announcement was made during his keynote speech. That emphasizes Ripple’s ongoing journey with stablecoins and its dedication to expanding its ecosystem. Garlinghouse
Ripple, a prominent player in the blockchain and crypto sector, has forged a strategic alliance with HashKey DX, the consulting arm of HashKey Group based in Tokyo. This partnership aims to introduce innovative solutions powered by the XRP Ledger (XRPL) to the Japanese market. Leveraging this partnership, HashKey DX will
David Schwartz, Ripple’s CTO, has reaffirmed the ongoing significance of XRP within the company’s ecosystem, in response to concerns within the XRP community regarding Ripple’s recent foray into stablecoin development. With the recent announcement of a dollar-pegged stablecoin, some speculated about the future role of XRP. However, Schwartz clarified that
Support for Euro-backed IOUs on the XRP Ledger was recently announced by cryptocurrency exchange Bitstamp. Customers of Bitstamp may now use XRP Ledger for EUR transfers. Bitstamp tweeted on Twitter about their growing user base, saying: “We’re expanding our IOU Services on XRPL. You can now use EUR-backed IOUs as
