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Ripple and Circle Introduce USDC on the XRP Ledger to Enable DeFi and Blockchain Adoption

Ripple, the provider of digital asset infrastructure for financial institutions, and Circle, a global financial technology firm and issuer of USDC, announced a partnership bringing USDC to the XRP Ledger (XRPL). The XRPL is a decentralized, layer-1 blockchain “developed for the efficient tokenization and exchange… Read More

Schuman Financial’s EURØP Now a MiCA-Compliant Euro Stablecoin Integrated on XRP Ledger

Schuman Financial announced a native integration of its MiCA-compliant euro stablecoin EURØP onto the XRP Ledger (XRPL). This marks a step toward “bringing compliant euro-denominated stablecoins into active use on one of the world’s most widely used blockchains.” EURØP is a fully euro-backed and redeemable… Read More

Digital Assets : Hidden Road’s Abu Dhabi Entity Reportedly Obtains In-Principle Approval from ADGM

Hidden Road announced that its ADGM entity, Hidden Road Partners CIV (AD) Limited, received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM to operate as a regulated financial services firm. Pending final regulatory approval, Hidden Road will be “authorized to offer… Read More

Ripple Resolves SEC Enforcement Action, Pays $50 Million

The Securities and Exchange Commission (SEC) has stated that the pending enforcement action with Ripple, Brad Garlinghouse, and Christian Larsen has been resolved. The SEC noted that it would ask the court to dissolve the injunction against Ripple from the final judgment revealed in August 2024. An… Read More

Enterprise Blockchain Firm Ripple’s Bid for Stablecoin Issuer Circle Falls Short

Enterprise blockchain firm Ripple, the payments Fintech behind XRP and the newly launched RLUSD stablecoin, recently tabled a $4 billion to $5 billion offer to acquire Circle, the issuer of the world’s second-largest stablecoin, USDC, according to Bloomberg. The bid, however, was swiftly rebuffed by… Read More

Coinbase Expands Crypto Derivatives Offering with XRP and Nano XRP Futures Contracts

Coinbase Derivatives, LLC, a subsidiary of Coinbase Global, Inc. (NASDAQ:COIN), has launched XRP and nano XRP futures contracts, marking a significant expansion of its regulated crypto derivatives offerings. This move, approved by the U.S. Commodity Futures Trading Commission (CFTC), aims to provide both institutional and retail… Read More

Ripple Buys Hidden Road Partners for $1.25 Billion

Ripple has acquired Hidden Road Partners for $1.25 billion. Hidden Road is a prime brokerage that enables FX, digital assets, derivatives, synthetics, and more. Ripple is a digital asset platform probably best known for the issuance of XRP, a crypto for value transfer. This, as… Read More

Global Financial Infrastructure Entering New Phase as Tokenized Assets Set to Surge to $19T by 2033 – Ripple and BCG Report

The financial world is undergoing a fundamental shift. A new report by Ripple, the provider of digital asset infrastructure for financial institutions, and Boston Consulting Group (BCG) projects the market for tokenized real-world assets to grow from “$0.6 trillion today to $18.9 trillion by 2033… Read More

Stablecoin RLUSD Integrated into Ripple Payments

Ripple, a provider of digital asset infrastructure for financial institutions, today announced that Ripple USD (RLUSD) has been integrated into Ripple’s  payments solution, Ripple Payments, driving enterprise “utility and demand for the asset.” RLUSD is described as an “enterprise-grade,” USD-denominated stablecoin created with utility, and… Read More

SEC vs. Ripple Case Nears Resolution, Regulators Could Classify XRP as a Commodity

The painfully long-standing legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs, which began in December 2020, appears to be approaching a critical juncture. Recent developments suggest that the case, centered on whether XRP constitutes an unregistered security, could finally conclude,… Read More

Ripple Obtains DFSA License to Provide Crypto Payments in the UAE

Ripple, the enabler of enterprise blockchain and crypto solutions, has received approval from the Dubai Financial Services Authority (DFSA) to provide regulated crypto payments and services in the Dubai International Finance Centre (DIFC). Ripple will reportedly be the “first” blockchain-enabled payments provider licensed by the… Read More

BDACS and Ripple to Expand Custody and Digital Assets Ecosystem in South Korea

BDACS, a digital asset institutional custody firm in Korea, announced that it has signed a partnership with enterprise blockchain firm Ripple, the provider of digital asset infrastructure for financial institutions. This partnership reportedly aligns with the Financial Services Commission’s (FSC) announced roadmap for “regulatory approval… Read More

Braza Group Announces BBRL Stablecoin Launch on XRP Ledger

Braza Group announces the launch of BBRL stablecoin on the XRP Ledger to strengthen the Brazilian and South American digital economies. Issuance of BBRL aims to offer secure and cost-effective “solutions for digital transactions for individuals and businesses” Operating for over 15 years and ranking… Read More

Fintech Ripple Brings Crypto-enabled Cross-Border Payments to Portugal

Ripple, the provider of digital asset infrastructure for financial institutions, announced a partnership with Portuguese currency exchange provider Unicâmbio to support instant cross-border payments between Portugal and Brazil using Ripple Payments. This collab marks the first time that Ripple’s payments solution has been made available… Read More

Fintech Ripple Teams Up with Revolut and Zero Hash to Expand RLUSD Stablecoin Access

Ripple announced a partnership with Revolut and Zero Hash, aimed at expanding the access of its RLUSD stablecoin in the market. This collab marks a significant expansion for the RLUSD, positioning it to enter the crowded stablecoin marketplace, which is dominated by USDT and USDC… Read More

Ripple Obtains Money Transmitter Licenses in New York, Texas

The turn of the year signifies new beginnings for the blockchain and crypto space, and Ripple claims that it has hit the ground running with advances to its cross-border payments solution. Additionally, Ripple said in a blog post that industry players across the US are… Read More

SEC Files Appeal Against Ripple Labs Over XRP Token Sales

The U.S. Securities and Exchange Commission (SEC) has filed an appeal against a US federal judge’s decision in its partially unsuccessful case against enterprise blockchain firm Ripple Labs, a move that has been heavily criticized by Ripple’s chief legal officer. In a Jan. 15 filing… Read More

Ripple Adopts The Chainlink Standard to Advance Ripple USD (RLUSD) Utility and Access in DeFi Apps

Ripple is now leveraging the Chainlink standard to bring high-quality pricing data around the Ripple USD (RLUSD) stablecoin onchain. RLUSD is described as an enterprise-grade, USD-denominated stablecoin created with trust, utility, and compliance at its core, backed by Ripple’s years of “experience working with crypto and the existing financial… Read More

Latin America’s Bitso Announces Support for Stablecoin Ripple USD (RLUSD)

Bitso— the financial services company powered by crypto in Latin America—listed on its platform the “enterprise-grade” token Ripple USD (RLUSD), a stablecoin with “1:1 parity” with the US dollar, which will now aim to complement the stablecoin offer now available on Bitso throughout fast-growing region…. Read More

Stablecoin Adoption: Ripple USD Launches Globally with Focus On Utility, Compliance

Ripple, the provider of digital asset infrastructure for financial institutions,  announced that Ripple USD (RLUSD) will be available on global exchanges starting, December 17, 2024. RLUSD is described as an “enterprise-grade,” USD-denominated stablecoin created with trust, utility, and compliance at its core, backed by Ripple’s… Read More

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