Ripple has announced a new grant initiative aimed at accelerating the growth of Japan’s Web3 ecosystem, with a focus on projects building on the XRP Ledger. The program, revealed in a June 9 blog post, is a collaboration with Web3 Salon—a networking platform backed by the Asia Web3 Alliance Japan ...
Ripple’s U.S. dollar-backed stablecoin RLUSD has received regulatory approval from the Dubai Financial Services Authority (DFSA) for use within the Dubai International Financial Centre (DIFC), marking a key milestone for the firm’s global expansion efforts. The green light makes RLUSD one of the few stablecoins approved under both the DFSA’s ...
Circle, the company behind the USDC stablecoin, remains committed to going public but is also reportedly in informal acquisition talks with Ripple and Coinbase, according to a report from Fortune. The potential sale, however, hinges on a hefty valuation—at least $5 billion—matching Circle’s IPO target. Ripple is said to have ...
Ripple has expanded its operations in the UAE by onboarding Zand Bank and fintech firm Mamo to its blockchain-based cross-border payments platform. As confirmed in a May 19 press release, these partnerships reinforce Ripple’s broader strategy to deepen its presence across the Middle East. Ripple Payments momentum is building in ...
A senior U.S. Securities and Exchange Commission (SEC) official has criticized a proposed settlement between the agency and Ripple Labs, potentially marking the final chapter of a years-long legal dispute over the XRP token. On May 8, the SEC and Ripple jointly filed a settlement request in a New York ...
In a major development in the long-standing legal battle over XRP, the U.S. Securities and Exchange Commission (SEC) and blockchain firm Ripple Labs have agreed to pause their respective appeals, paving the way for what many believe could be a final settlement. The joint decision to place the appeals in ...
Ripple has announced its acquisition of Hidden Road, a global prime brokerage firm, for $1.25 billion. This deal marks one of the largest transactions in the digital assets space and positions Ripple as the first crypto company to own and operate a multi-asset prime broker. Hidden Road, known for its ...
Ripple has joined forces with Chipper Cash, a leading cross-border payments platform, to introduce blockchain-driven African remittances. The collaboration aims to enhance the efficiency, speed, and affordability of international transactions on the continent. In an announcement on March 27, Ripple highlighted that its partnership with Chipper Cash will extend its ...
Ripple CEO Brad Garlinghouse has forecasted that XRP exchange-traded funds (ETFs) will likely launch in the United States in the latter half of 2025. In a March 19 interview with Bloomberg Crypto, he attributed this optimism to Ripple's recent legal victory against the SEC, which he believes has alleviated regulatory ...
David Schwartz, Ripple’s Chief Technology Officer, has highlighted how memecoins on the XRP Ledger (XRPL) are closely tied to XRP’s price due to their reliance on automated market maker (AMM) pools. According to Schwartz, many of these tokens derive nearly all their liquidity from AMMs pairing them with XRP. As ...
