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 ...
Braza Group has introduced BBRL, a stablecoin pegged to the Brazilian Real, on the XRP Ledger (XRPL) to enhance digital transactions in Brazil and South America. The company, ranked sixth in Brazil’s interbank market operations by the Central Bank (BACEN), aims to provide a secure, cost-effective alternative for businesses and ...
The XRP Ledger (XRPL) is preparing for a significant upgrade as the Decentralized Identifier (DID) amendment is set to go live on the mainnet on October 30. According to an update from XRPScan, the DID amendment has entered its two-week activation window. The proposal surpassed the 28-vote threshold required for ...
Ripple is set to expand the functionality of its XRP Ledger (XRPL) by introducing tokenized U.S. Treasury bills (T-bills). This initiative comes through a collaboration with OpenEden, a prominent player in the tokenization of real-world assets (RWA). According to a recent press by Ripple, OpenEden's TBILL tokens have already attracted ...
