Tagged: ripple

May 4, 2025 @ 7:53 pm By Omar Faridi  |  

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

April 19, 2025 @ 4:53 pm By Tony Zerucha  |  

This week, HashKey Capital launched the HashKey XRP Tracker Fund. The company said it is the first investment fund in Asia designed to track the performance of XRP. One of the world’s leading digital assets infrastructure providers, Ripple, is an early investor. The HashKey XRP… Read More

April 18, 2025 @ 11:29 am By Omar Faridi  |  

Hidden Road, the credit network for institutions, announced that its wholly-owned subsidiary, Hidden Road Partners CIV US LLC, has secured approval from the Financial Industry Regulatory Authority (FINRA) to operate as a FINRA-member broker-dealer. This approval reportedly enables Hidden Road to expand its recently launched… Read More

April 8, 2025 @ 8:45 am By Omar Faridi  |  

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

April 3, 2025 @ 2:15 pm By Omar Faridi  |  

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

March 24, 2025 @ 8:15 am By Tony Zerucha  |  

Blockchain industry executives share their thoughts on some issues of the week. High tokenization treasury totals suggest market defensiveness but obscure real-world asset opportunities. “News that tokenized treasuries have hit an all-time high of $4.6 billion, combined with Aave’s decision to abandon new tokens in… Read More

March 13, 2025 @ 8:23 am By Omar Faridi  |  

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

February 27, 2025 @ 10:03 pm By Omar Faridi  |  

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

February 26, 2025 @ 9:26 pm By Omar Faridi  |  

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

February 11, 2025 @ 8:01 am By Omar Faridi  |  

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

February 8, 2025 @ 8:48 am By Omar Faridi  |  

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

February 2, 2025 @ 6:31 pm By Omar Faridi  |  

Purpose Investments Inc., the firm behind the world’s “first” Bitcoin ETF and Ether ETFs, says it is further solidifying its presence in the digital asset space with the filing of a preliminary prospectus with Canadian securities regulators for the proposed launch of the Purpose Ripple… Read More

January 29, 2025 @ 12:08 pm By Omar Faridi  |  

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

January 16, 2025 @ 6:59 pm By Omar Faridi  |  

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

January 8, 2025 @ 8:35 pm By Omar Faridi  |  

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

December 23, 2024 @ 10:42 am By Omar Faridi  |  

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

December 17, 2024 @ 4:49 pm By Omar Faridi  |  

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

November 20, 2024 @ 10:59 am By Omar Faridi  |  

Ripple is pleased to announce Unlocking Opportunity, which is described as the next phase of their partnership with Mercy Corps Ventures (MCV) supporting emerging market SMEs building solutions for financial “resilience” via blockchain and Fintech innovation. The partnership will include financial and technical support from… Read More

November 17, 2024 @ 10:30 am By Omar Faridi  |  

XRP has surged to more than $1.10 following rumors of a potential Trump and Ripple CEO Brad Garlinghouse meeting. The crypto markets are also apparently reacting to possible leadership changes at the US Securities and Exchange (SEC) which may significantly impact cases brought against Ripple… Read More

November 10, 2024 @ 10:03 pm By Omar Faridi  |  

Stablecoin issuance and use is rising around the world, with the market projected to reach $3 trillion within the next five years. This, according to an update from Fintech firm Ripple. Key to this continued growth are crypto regulations that will help advance the use… Read More