In November, Ripple raised $500 million at a $40 billion valuation, in a round led by investors from Fortress and Citadel Securities.
Ripple’s RLUSD stablecoin is rapidly expanding on Ethereum rather than the company’s native XRP Ledger (XRPL). According to CryptoSlate data, RLUSD’s total circulating supply has surged to $1.26 billion within 12 months of its launch. Of this, roughly $1.03 billion, or 82% of the total supply, resides on Ethereum, while the $235 million balance is on […]
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Crypto analyst ChartNerd has predicted that the XRP price could rally 10x if a specific trend repeats. The analyst also revealed what needs to happen for the altcoin to invalidate this potential parabolic rally. XRP Price Could Rally 10x If This 2017 Pattern Plays Out In an X post, ChartNerd predicted that the XRP price could rally 1,000% if a bullish pattern from the 2017 bull cycle plays out. The analyst noted that during the 2017 euphoric run, the altcoin had a 3-month cool-off period where it successfully dropped towards its 3-month 20-EMA for a retest before a 25x move to the upside. Related Reading: Analyst Says Get Ready For XRP Price Above $4 This Cycle ChartNerd revealed that the XRP price has now witnessed the exact same set-up in this 2025 bull cycle. The altcoin recorded a huge breakout last year and is now seeing a 3-month cool-off period towards a 3-month 20-EMA retest. The analyst stated that if history is set to repeat, XRP could see a 10x upside move, signaling a blow-off top. The analyst also alluded to the 2021 lower high, which he noted ties up with both the monthly candle close highs from 2017 and also the SEC lawsuit, which is believed to have suppressed the XRP price during the 2021 cycle. ChartNerd added that to invalidate this potential rally, XRP will need to close below its 3-month 20-EMA at $1.20. Until then, he noted that the bulls remain in control. Meanwhile, ChartNerd outlined $8, $13, and $27 as the potential top-out points for the XRP price. Notably, a rally to any of these price targets will mark a new all-time high (ATH) for the altcoin. Crypto analyst Egrag Crypto had also previously predicted that XRP could reach $27 in this bull run if it mirrors the 2017 price action. XRP Could Be The Next Crypto To Record A Major Run Market commentator Milk Road suggested in an X post that the XRP price could soon record a major run. The platform cited bullish fundamentals for the altcoin, including the fact that RLUSD crossed $1 billion in market cap in record time. The run to this milestone is said to be faster than almost any stablecoin Ripple has ever pushed. Related Reading: Analyst Predicts XRP Price Will Hit $100 Before Bitcoin Hits $1 Million Furthermore, Milk Road noted that Abu Dhabi’s ADGM has opened the door for institutions to use RLUSD as real collateral, which is also bullish for the XRP price. The market commentator stated that global liquidity with regulated on-ramps could mean the kind of flows that crypto hasn’t seen in months. It is also worth noting that XRP is seeing significant flows into its ecosystem through the U.S. spot ETFs. At the time of writing, the XRP price is trading at around $2.18, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
The designation means licensed firms can use the dollar-pegged token for regulated activities, placing it into a small group of tokens permitted by the ADGM’s ring-fenced financial system.
The viral claims suggesting that XRP has no connection to payments are quickly falling apart under a basic review of official documentation. As misinformation spreads across social platforms, the publicly available documentation continues to reinforce the asset’s real, payment-centric utility, contradicting the narrative gaining traction online. How Documentation Debunks The XRP Role Speculation In an X post, a researcher known as SMQKE has revealed that the narrative claim that XRP is just a cryptocurrency with no connection to traditional finance payments is sharply contradicted by the documentation that defines the asset. A surface-level review has already shown just how inaccurate that statement is. Related Reading: Something Big Coming For XRP? Ripple Engineer Reveals Major Development According to SMQKE, unlike many cryptocurrencies built purely for decentralized experimentation, XRP was designed to operate within the existing traditional finance system. The report highlights that XRP was intended to enhance international money transfers by serving as a neutral bridge between currencies and providing liquidity. Furthermore, the documentation also shows that XRP is a digital asset engineered specifically to address long-standing inefficiencies in the traditional payment system. The conversation around RippleNet isn’t about experiments. Crypto analyst Xfinancebull highlighted that more than 300 banks are not testing RippleNet; they are partnering with it. Brad Garlinghouse isn’t speaking in vague possibilities; instead, he is forecasting where XRP could capture up to 14% of current SWIFT volume by 2030, which is an estimated $21 trillion in annual value moving across the XRP Ledger infrastructure. His focus is not on the chart price movements. It’s about how global financial plumbing is being re-engineered in real-time. The idea centers on a system where banks could settle cross-border transactions instantly 24/7, with lower operational fees, all powered by XRP. From this perspective, the transformation is being built. While the retail traders often react to every red candle, the institutions are entering partnerships and signing integrations. “You don’t buy XRP for today. You buy it for the financial world that is coming,” Xfinancebull noted. Major Capital Shifts From Observing To Building A recent move from Ripple has shifted conversations entirely. XFBAcademy has pointed out that banks didn’t raise $500 million to reshape the future of money, but Ripple did. Moves like this indicate exactly why the long-term outlook around XRP will continue to build strength. Meanwhile, real utility is finally being funded at the highest institutional levels. Related Reading: Ripple Exec Addresses Tax Issue On XRP Ledger, Where Does It Go? XFBAcademy explains that when names like Fortress, Citadel, Pantera, Brevan Howard, and Galaxy participate simultaneously, it’s not speculation, but a signal where infrastructure is heading. This raise isn’t fueled by speculative propaganda. Instead, it is tied to RLUSD, institutional rails, and the treasuries moving into on-chain. This kind of capital doesn’t chase existing narratives but actively builds new ones. The expert frames moments like these as the real turning points. These are the junctures when the smartest money transitions from observation to funding the new plumbing of global finance. Featured image from Getty Images, chart from Tradingview.com
XRP has endured a difficult stretch in recent days, falling below the $2 level after a sequence of heavy selling. Price volatility across Bitcoin and other major assets added fuel to the drop, dragging XRP to lows around $1.92 and shaking the short-term sentiment of many traders. However, several XRP supporters are still of the notion that this move is far from a cause for concern. One of the most vocal is an analyst operating under the name @WillyWonkaXRP on the social media platform X, who insisted that the dip does not alter the long-term trajectory. From his perspective, the current environment is still laying the foundation for a far higher valuation due to institutional takeovers. Crash Below $2 Is Not A Problem The analyst’s evaluation is based on the outlook that XRP is transitioning into a more structurally mature phase, highlighted by regulation, banking partnerships, and expanding utility. He pointed to recent approvals that removed long-standing legal uncertainties and to the growth of Ripple’s enterprise network, which now boasts more than 300 banking partners in over 40 countries. Related Reading: XRP Price Has Surged 15% Anytime This Metric Appeared In The Past The analyst also highlighted the rollout of Ripple’s Liquidity Hub, the expansion of the RLUSD stablecoin, and the rising expectations for additional Spot XRP ETFs. In his view, these developments show that large-scale institutional integration is happening quietly beneath the short-term market noise, making the recent dip to $1.92 insignificant relative to a longer-term path he believes stretches well beyond $20. Speaking of price action, the XRP price fell to as low as $1.88 on November 21, according to CoinGecko. The chart accompanying the analyst’s post illustrates a long multi-year structure in which XRP repeatedly formed broad accumulation ranges before breaking above resistance. The pattern displayed across years shows several failed attempts at the same horizontal ceiling before eventually giving way. The current price action now puts XRP retesting from above. The pullback to the region around $2 corresponds almost exactly with this retest zone, which shows that the price is returning to confirm support rather than a breakdown of the larger trend. What Would It Take For XRP To Reach $20? An XRP price rally to $20 would require a combination of technical follow-through and continued institutional participation. With the current circulating supply hovering around 60 billion tokens, a clean run to $20 would lift XRP’s market capitalization to about US $1.2 trillion. Related Reading: Analyst Claims XRP Price Will Surge To $220 Due To ETFs, But Is This Possible? Technically, XRP would need to maintain its hold above $2.00, as this level now serves as the anchor for any long-term bullish trajectory. Fundamentally, increased ETF inflows, growth of RLUSD, and greater adoption of RippleNet by global financial institutions would strengthen demand for XRP and create the needed buying pressure. At the time of writing, XRP is trading at $2.07, up by 2.4% in the past 24 hours. Featured image from Freepik, chart from Tradingview.com
Ripple’s newest funding round landed with unusual force for a company long defined by court battles and contested narratives. On Nov. 5, the firm announced a $500 million strategic investment at a $40 billion valuation, backed by funds associated with Citadel Securities, Fortress Investment Group, and Brevan Howard. These are traditional financial institutions that rarely […]
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Crypto analyst Arthur has predicted that the XRP price is preparing to decouple from Bitcoin (BTC). For years, XRP’s price movements have mirrored those of BTC, but according to Arthur, the market is evolving in ways that could soon set XRP apart. The emergence of Ripple’s new institutional brokerage platform and recent acquisitions, alongside the growing strength of its associated stablecoin, are key drivers that the analyst believes could drive this separation. XRP Price Set To Break Away From Bitcoin Arthur’s recent thread shared on X social media paints a confident picture of XRP’s future. He argues that the cryptocurrency is starting to chart its own course, breaking away from Bitcoin’s influence. Traditionally, XRP’s price has followed BTC’s overall direction and trajectory, rising and falling in tandem with the broader altcoin market. Related Reading: Why This Analyst Is More Bullish On XRP Over Ethereum For The Short-Term However, Arthur believes that the latest developments surrounding Ripple, a crypto payments company, could significantly change this dynamic. He points to Ripple Prime as the biggest factor that could drive this shift. Notably, Ripple Prime is a digital asset spot prime brokerage that Ripple recently launched following its acquisition of Hidden Road. The brokerage platform offers OTC spot trading, Foreign Exchange (FX), derivatives, and swaps, all seamlessly integrated with XRP and RLUSD, Ripple’s regulated stablecoin. By offering Wall Street a means to enter the blockchain finance market, Arthur contends that Ripple Prime could redefine how institutions view digital assets like XRP. Instead of being swayed by broader market sentiment, this institutional demand from Ripple’s new brokerage platform and ongoing developments could drive XRP’s value based on measurable utility. Additionally, it could finally establish the cryptocurrency as a standalone asset rather than one that constantly tracks Bitcoin’s movements. In his analysis, Arthur frames Bitcoin as a speculative digital asset, while XRP is viewed as a form of financial infrastructure. He explains that this is a crucial distinction considering infrastructure assets are typically driven by real-world adoption and utility, rather than “hype cycles.” With RLUSD surpassing a $1 billion market cap just a year after its launch, the analyst maintains that Ripple has established a stable and transparent institutional framework that effectively balances liquidity and compliance. Through this setup, RLUSD provides price stability, while XRP offers transaction liquidity, creating a financial ecosystem designed for real-world use, which is ideal for driving price growth. Regulation And Utility Shifts To Redefine XRP’s Identity Arthur expands on his analysis by connecting Ripple’s recent developments to a broader picture. He explains that institutions using Ripple Prime to settle payments with XRP and RLUSD are driven by different incentives. They do not care about Bitcoin and are not chasing speculative gains like typical crypto traders, but prioritize efficiency, regulation, and liquidity. Related Reading: Analyst Shares Why He Bought A Massive Stack Of XRP, ‘It’s Not A Gamble’ He also highlighted the potential impact of the upcoming CLARITY Act in the US. If passed, the analyst says that the bill could reclassify XRP as a commodity, moving it away from the “crypto basket” and placing it in the same regulatory category as assets like gold. Through this combination of legal clarity, stablecoin integration, asset class change, and subsequent institutional demand, Arthur says that XRP’s price will gradually decouple from Bitcoin. Featured image from Freepik, chart from Tradingview.com
The pilot, unveiled at Swell 2025, positions regulated stablecoins like RLUSD as fast, compliant rails for fiat card payments.
For years, Ripple was best known for its legal battles and its token, XRP, which was a symbol of crypto’s friction with the traditional financial world. Now, after years of courtroom and regulatory turbulence, Ripple has quietly built something far more ambitious: a full-stack institutional financial platform that resembles a 21st-century investment bank, albeit without […]
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The XRP creator’s stablecoin climbs the ranks faster than most, tapping into its global payments network to accelerate adoption.
Ripple’s unified system for payments and wealth storage may give XRP an edge with institutions eyeing real-world utility beyond speculation, said Bitnomial CEO Luke Hoersten.
Ripple’s latest acquisition has firmly positioned the company within the heart of the US financial market, expanding its influence in the country and drawing attention to the XRP price. The new US-based spot prime brokerage firm, Ripple Prime, signals a pivotal moment not only for Ripple’s ecosystem but for the future of XRP. As analysts weigh in on this groundbreaking launch, attention is shifting to how this new development could redefine XRP’s role within institutional trading, liquidity, and settlement. XRP Price In Focus After Ripple Prime US Launch In an X social media post on Monday, crypto analyst Pumpius announced that Ripple Prime is officially live in the US following the recent acquisition of Hidden Road in October. Through its newly launched Ripple Prime platform, the crypto company has formally entered Wall Street’s playing field, marking a bold step into mainstream financial markets. Related Reading: Altcoin Season Loading: Bullish Factors That Point To A Massive Surge By using Ripple Prime, institutional investors in the US will be able to execute Over-the-Counter (OTC) Spot transactions across major digital assets and stablecoins, including XRP and RLUSD for the first time. Pumpius asserted that this is not a pilot program or limited rollout, but Ripple’s full-scale institutional entry into the US financial system and markets. Additionally, the analyst emphasized that Ripple Prime is built to serve as a regulated brokerage infrastructure, offering deep multi-asset liquidity and on-demand settlement powered by XRP and RLUSD. He explained that these features place XRP at the centre of institutional trading, settlement, and liquidity aggregation. Moreover, with this integration, the XRP price, currently trading at $2.26, could experience further upward pressure, as consistent demand beyond retail usage fuels greater institutional adoption. Ripple has confirmed through its official website that the new Ripple Prime will expand institutional access to not just digital assets but derivatives, swaps, fixed income instruments, and others—all under one unified system. In addition, Pumpius has stated that Ripple Prime represents the “missing piece” that connects traditional capital markets to digital finance. XRP Moves From Retail Coin To Institutional Asset Crypto commentator BD also shared his thoughts on the newly launched Ripple Prime on X, highlighting that the spot brokerage firm could transform XRP’s market perception. According to him, Ripple Prime gives US institutional clients direct access to XRP through the same infrastructure used for Foreign Exchange (FX) and commodities. Related Reading: Forget Cardano, Why Shiba Inu’s Shibarium Is The Real Ghost Chain BD emphasized that with this new development, XRP is no longer just a “retail coin” but is becoming institutional money. This means that XRP could potentially attract a new layer of demand, which could support its price by creating steadier trading volumes and stronger liquidity. Notably, Ripple announced its Ripple Prime US launch on Monday, November 3, via X. The crypto company confirmed that the new brokerage firm will help enable cross-margining of OTC spot holdings with the rest of clients’ digital asset portfolios, including OTC swaps, Chicago Mercantile Exchange (CME) futures, and options. Featured image created with Dall.E, chart from Tradingview.com
Ripple Prime bundles trading, financing and clearing for institutions in one service, with risk controls, regulated custody and optional RLUSD collateral.
A new Ripple-backed public vehicle is planned to buy XRP on the open market and pursue yield strategies.
Rumors are circulating that BlackRock has partnered with Ripple to tokenize real-world assets on the XRP Ledger (XRPL). There has been no confirmation from either party, suggesting that these rumors may not be accurate. Rumors Circulate About BlackRock’s Partnership With Ripple and XRP In an X post, XRP influencer JackTheRippler said that there are rumors that BlackRock is about to announce a partnership with Ripple to tokenize assets on the XRPL. Other XRP influencers, such as CryptoSensei and Bale, also shared the rumor, sparking excitement among XRP community members. Related Reading: Investment CEO Highlights Why Ripple’s XRP Has The Strongest Utility In The Industry However, BlackRock and Ripple have yet to issue an official announcement about the rumored partnership, suggesting these claims may not be true. However, BlackRock CEO Larry Fink confirmed that they are building their own technology to tokenize several of their funds and expand their crypto offerings. The BlackRock CEO noted that tokenization can help crypto-native investors access more traditional assets. He further remarked that if they could tokenize an ETF, they could get these investors into the more traditional long-term retirement products. Notably, the asset manager already has products, such as its tokenized money market fund, BUIDL, which runs on the Ethereum network. It is worth mentioning that Ripple already partnered with the fund’s manager, Securitize, to enable off-ramp support for BlackRock’s BUIDL using their RLUSD stablecoin. This has so far been the closest to a partnership between Ripple and BlackRock amid rumors that the asset manager plans to tokenize assets on the XRP Ledger. However, Ripple has so far helped advance upgrades to the XRP Ledger, which could compel institutions like BlackRock to tokenize their funds on the XRPL. This has included the launch of the Multi-Purpose Token (MPT) standard, which is designed to simplify the tokenization of real-world assets (RWAs). Ripple Expands Into Treasury Markets While rumors of a Ripple and BlackRock partnership do not appear to be accurate, there are other recent developments that provide a bullish outlook for XRP. This includes Ripple’s expansion into the corporate treasury markets through the $1 billion acquisition of GTreasury, a provider of treasury management systems. Related Reading: The XRP Price Roadmap To $8: How An Over 50% Bounce Could Materialize As part of the deal, Ripple and GTreasury will focus on enabling customers to carry out real-time cross-border payments using Ripple’s payment solution, in which XRP serves as the bridge currency. Meanwhile, according to Bloomberg, Ripple is also working to raise up to $1 billion to establish an XRP treasury company. The crypto firm plans to contribute some of its XRP holdings to set up the firm, while the proposed $1 billion is expected to be raised through a special purpose acquisition company (SPAC). At the time of writing, the XRP price is trading at around $2.35, down over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Earlier this year, the firm announced a collaboration with Chipper Cash to power crypto-enabled payments and confirmed that its USD-backed stablecoin, RLUSD, would roll out in African markets.
Ripple is deepening its presence in the Middle East through a new partnership with Bahrain Fintech Bay (BFB), the kingdom’s leading fintech incubator and blockchain ecosystem builder. The collaboration, announced on Oct. 9, strengthens Ripple’s foothold in a region rapidly becoming a testing ground for digital asset infrastructure. Indeed, Bahrain has long positioned itself as […]
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Ripple has unveiled a partnership that places its RLUSD stablecoin at the center of tokenized finance involving BlackRock and VanEck. The announcement, which was shared on the company’s official X account, connects Ripple directly to tokenized versions of institutional funds and sets the stage for deeper integration between the XRP Ledger and some of the largest names in asset management. Ripple And Securitize Join Forces Ripple confirmed that it is working with Securitize,the world’s largest tokenization platform, to bring in real-time liquidity for institutional assets provided by BlackRock and VanEck. Through this arrangement, holders of BlackRock’s $BUIDL and VanEck’s $VBILL can instantly convert their fund shares into RLUSD, allowing them to retain access to on-chain yield. With the partnership, BUIDL and VBILL holders will now be able to instantly exchange their shares for RLUSD 24/7. Related Reading: Ripple Meets With US And US Government To Talk Crypto – Here’s What Happened Acording to the announcement, Securitize is also expanding integration with the XRP Ledger. Considering Securitize is one of the largest tokenization platform, this move increases the XRP ecosystem’s exposure to tokenized assets and strengthens Ripple’s push to imporove its on-chain financial infrastructure. “Making RLUSD available as an exchange option for tokenized funds is a natural next step as we continue to bridge traditional finance and crypto,” said Jack McDonald, SVP of Stablecoins at Ripple. “ Ongoing Discussions Around Ripple and BlackRock Speculation around Ripple’s relationship with BlackRock has been building for months, and many in the industry have linked Ripple’s cross-border settlement technology to the asset manager’s vision for tokenization. The company is now working to tokenize $2 trillion worth of assets on the blockchain. BlackRock launched its first tokenized fund, BUIDL (BlackRock USD Institutional Digital Liquidity Fund), in March 2024, doing so through Securitize’s infrastructure. Securitize serves as the platform that tokenizes BlackRock’s fund, issuing digital tokens that represent ownership of the underlying real-world assets. Related Reading: Ripple’s XRP Ledger Just Introduced A Pivotal Update In Its Quest For Dominance The implications are significant. Ripple has managed to secure a foothold in the conversation by tying RLUSD to tokenized funds. Ripple’s RLUSD is now linked not only to BlackRock’s BUIDL but also to VanEck’s VBILL fund. This creates a direct link between Ripple’s stablecoin ecosystem and products from two of the world’s biggest asset managers. The partnership can be viewed as an important step that could eventually pave the way for XRP itself to be tied into BlackRock’s tokenization efforts. This partnership also speaks to Ripple’s strategy of expanding the utility of RLUSD. Since its launch, the stablecoin has steadily grown in adoption, reaching a market capitalization of about $742 million. The collaboration with Securitize, and through it with BlackRock and VanEck, also improves XRPL’s presence in the real-world asset (RWA) tonization sector. Featured image from Adobe Stock, chart from Tradingview.com
A new smart contract on Securitize's platform enables investors to swap shares for RLUSD, creating a 24/7 stablecoin off-ramp for tokenized treasuries.
Tokenization platform Securitize is looking to integrate with the XRP Ledger (XRPL), a step that could bring BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) directly onto the blockchain network, according to a Sept. 23 statement. This impending move signals a deepening link between institutional finance and blockchain infrastructure, while also expanding XRPL’s presence in the […]
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Crypto pundit and legal expert Bill Morgan has humorously predicted that the XRP price will drop below $3. He ironically alluded to a series of bullish developments as what would contribute to the price crash. XRP Price To Crash Below $3 Amid Bullish Developments In an X post, Morgan predicted that the XRP price would drop $3 as he joked about how the altcoin keeps dropping despite bullish developments. This came as he highlighted Ripple’s partnership with DBS and Franklin Templeton to provide a trading and lending solution, powered by tokenized money market funds on the XRP Ledger and in stablecoins such as RLUSD. Related Reading: 8-Year Accumulation Phase Could Catapult XRP Price To $6 Prior to his prediction, the legal expert had also highlighted how the XRP price was down despite “all the good news,” which included the launch of the REX-Osprey XRP ETF. The ETF became the first U.S. fund to offer investors spot exposure to XRP. Morgan also alluded to the CME Group’s announcement of plans to launch options on XRP futures on October 13. Meanwhile, the Federal Reserve lowered interest rates for the first time this year, a development that was expected to be bullish for the XRP price. However, despite these developments, the crypto pundit noted that the XRP price was still down. He stated that it felt like “Déjà vu,” pointing to the period between 2018 and October 2024. Meanwhile, in another X post, the crypto pundit joked that he was afraid to post more good news over fear that the XRP price may keep declining. This came in reference to Coinbase’s announcement that in just one month, the Solana and XRP Perpetual-Style Futures have scaled exponentially. The crypto exchange announced that these futures have generated over $1.9 billion in notional volume, with more than 1.6 million contracts having been traded. “No Mystery” In Why XRP Is Down Bill Morgan eventually admitted that there is no mystery in why the XRP price is actually, noting that it was because of the Bitcoin price rather than all the “good news” he had earlier alluded to. He further remarked that this overwhelming reality and the most significant factor in the XRP price movement, which is heavily correlated with the BTC price dynamics. The legal expert added that this is consistent with Ripple’s expert evidence in the SEC vs. Ripple lawsuit. Related Reading: Analyst Sounds Major XRP Warning: Last Chance To Get In As Accumulation Balloons Crypto analyst CasiTrades also noted that the XRP price is taking a hit alongside Bitcoin and that because the altcoin failed to make a new local high, the door is open for a deeper correction. She stated that the altcoin could drop to between $2.92 and $2.94 as this aligns with both the .618 retracement and the measured C-wave extension. At the time of writing, the XRP price is trading at around $3, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Ripple is expanding its role in digital asset infrastructure through a new partnership with DBS Bank and Franklin Templeton, according to a Sept. 18 announcement. According to the firm, the collaboration introduces trading and lending tools built around tokenized collateral and stablecoins, marking a push to bridge traditional markets with blockchain-based liquidity. The initiative is […]
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DBS Bank has collaborated with Franklin Templeton and Ripple to develop trading and lending solutions using tokenized money market funds and the RLUSD stablecoin.
DBS is considering allowing holders of Franklin Templeton's money market fund to pledge their tokens as collateral to borrow funds.
Ripple has carried out a series of large RLUSD burns in recent weeks to remove millions of the stablecoin from circulation. According to data from the RLUSD burn tracker @RL_Tracker, more than 2.7 million RLUSD were recently destroyed in a single transaction, the biggest burn in many weeks. Ripple Burns Massive Amounts Of RLUSD Crypto burns are not new to the crypto industry, especially when it comes to stablecoins. Interestingly, data from the RLUSD burn tracker, @RL_Tracker, has revealed an uptick in the amount of RLUSD burned in the past two weeks, which is worth noting. Related Reading: What Does AMM Liquidity Pools Mean For XRP And RLUSD Holders? Ripple Exec Answers Particularly, the latest data from @RL_Tracker, which was revealed in a post on the social media platform X, shows that 2,714,248 RLUSD were recently burned at RLUSD Treasury. Blockchain records from on-chain analytics platform Etherscan confirm that these tokens were transferred into a null address from which they cannot be recovered or used, effectively reducing the outstanding supply for good. This was not an isolated occurrence. Ripple has been carrying out a string of large burns in recent weeks, with notable examples including two transactions of 1,000,000 RLUSD each on September 3 and another 1,000,000 RLUSD burn on August 29. Together, these actions have brought the total burned supply to about six million RLUSD tokens in a very short span However, these reductions have been characterized by issuances of millions of tokens in the past few days. Most recently, @RL_Tracker reported that 312,000 RLUSD were minted by the RLUSD Treasury in the past 24 hours. What’s Going On With RLUSD Burns? This back-and-forth between burning and minting is part of Ripple’s supply management cycle of RLUSD, where tokens are constantly adjusted in response to market demand and redemptions. Related Reading: Is Ripple Dumping XRP? Pundit Calls Out Founders, Threatens To Take Action RLUSD is pegged 1:1 to the US dollar and operates on both the XRP Ledger and Ethereum. Like other asset-backed stablecoins, it is fully collateralized by fiat reserves and subject to monthly attestations. When demand for RLUSD rises, Ripple issues new tokens into circulation. On the other hand, excess supply is no longer needed when tokens are redeemed for dollars, and Ripple burns the surplus by sending it to an inaccessible address. Stablecoin mints and burns are not unique to Ripple. Tether, the largest stablecoin issuer, regularly conducts large-scale mints and burns of USDT to adjust supply. The key difference from normal cryptocurrency burns, such as those seen with Shiba Inu, is that stablecoin burns are not carried out to create scarcity, which contributes to price action. At present, RLUSD’s total supply is around 728.7 million tokens and all minted tokens are actively being circulated. The stablecoin has a market cap of about $728 million and has seen its trading volume climb above $87 million in the past 24 hours. It also continues to hold its $1 peg firmly. Featured image from iStock, chart from Tradingview.com
Reports have disclosed that Ripple has moved to introduce its US dollar–backed stablecoin, RLUSD, into African markets through deals with established regional fintech firms. Related Reading: American Bitcoin, Backed By Trump, Ends Nasdaq Debut Up 17% The token, which debuted in late 2024, now has a market capitalization of close to $710 million. That figure matters because it signals real capital backing the push, even if the coin still sits well below the largest stablecoins. Fintech Partners Open Doors Ripple’s rollout leans on three major fintech partners: Chipper Cash, VALR, and Yellow Card. These platforms already serve millions of users across the continent. According to company statements, the partnerships give RLUSD instant rails into retail and business flows without Ripple having to build consumer trust from scratch. Ham Serunjogi, CEO of Chipper Cash, said RLUSD is “uniquely positioned to accelerate institutional blockchain adoption across Africa and beyond.” That line frames the push as aimed more at banks and big payments firms than at casual traders. 1/ The next chapter for $RLUSD starts in Africa. → https://t.co/6gRqrdNwSW We’re proud to bring our trusted, USD-backed stablecoin to the continent with new partners @chippercashapp, @VALRdotcom, and @YellowCard_App. ???? Together, we’ll unlock new potential for cross-border… — Ripple (@Ripple) September 4, 2025 Humanitarian Pilots Take Center Stage Based on reports, Ripple is also linking RLUSD to humanitarian work in Kenya. Mercy Corps Ventures is running pilot programs that use the stablecoin to power blockchain-based insurance products for drought and rainfall risks. These pilots are small. But they are meant to show how stablecoins can back practical financial services where climate shocks hit farming communities. For many African users, access to reliable, low-cost payment rails matters more than the token’s total market value. Listings And Institutional Aims RLUSD has been listed on a growing set of exchanges, including Gemini, Kraken, Bitso, Bitstamp, Bullish, LMAX, Uphold, Mercado Bitcoin, Independent Reserve, and CoinMENA. That distribution lets institutions tap RLUSD for payments, settlement, and collateral management. Jack McDonald, SVP of Stablecoins at Ripple, said demand is growing across payments, tokenization, and collateral markets. The listings show Ripple wants the coin to be usable on familiar trading and custody platforms, which can shorten the path to institutional adoption. Related Reading: XRP Poised For Amazon-Like Boom? Analyst Predicts $200 Rally On-Chain Activity Shows Momentum, But Gaps Remain Meanwhile, on-chain metrics show rising activity. Artemis data points to monthly transaction volumes climbing from almost $120 million in July to $194 million in August. That jump is healthy for a newcomer. Yet it is still small when compared with established stablecoins that process billions each month on Ethereum and Tron. Based on these numbers, RLUSD is gaining traction but has a long way to go if it hopes to match the liquidity and daily flows of market leaders. Featured image from Getty Images, chart from TradingView
Ripple has identified Africa as the next major growth market for its US dollar-backed RLUSD stablecoin. On Sept. 4, Ripple announced that it has partnered with fintech firms Chipper Cash, VALR, and Yellow Card to make RLUSD more widely accessible across the continent. This initiative marks Ripple’s latest move to position RLUSD as a practical […]
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Crypto firm Ripple has revealed plans to expand its RLUSD stablecoin into Japan by 2026. On Aug. 22, the stablecoin issuer announced that it had signed a memorandum of understanding with SBI VC Trade, a Japanese financial powerhouse SBI Holdings subsidiary. According to the statement, SBI would distribute RLUSD in Japan and work with Ripple […]
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SBI VC Trade, a licensed Electronic Payment Instruments Exchange Service Provider, said it expects RLUSD to go live in Japan during the first quarter of 2026.