Tag:

Ripple

XRP Ledger: Ripple Exec Reveals Institutional Playbook

by admin October 4, 2025

In the second episode of RippleX’s Onchain Economy series, RippleX Product Director Jazzi Cooper unveils the blueprint for institutional finance on-chain.

Cooper details three core features of XRP Ledger, including multipurpose tokens (MPTs), a permissioned DEX and a native lending protocol, regarded as the blueprint for institutional finance on-chain.

The future of DeFi isn’t just about decentralization; it’s about credit, compliance, and confidentiality at scale.

Episode 2 of the Onchain Economy series just dropped, and @jazzicoop details 3 core features of the XRPL:
↳ Multi-Purpose Tokens (MPTs)
↳ Permissioned DEX
↳… pic.twitter.com/Je84HOBAtP

— RippleX (@RippleXDev) October 3, 2025

According to the RippleX product director, XRP Ledger already has payment capabilities (obviously essential for cross border payments), but in a bid to replicate traditional finance or bring more use cases onto the blockchain, the need for credit origination remains clear, with XRPL’s approach a little bit different than typical DeFi ecosystems.

MPTs

Multipurpose tokens (MPTs) went live on the XRP Ledger mainnet this week. MPT is a new native token standard designed to make issuing real-world assets on-chain far simpler, safer and more aligned with how financial institutions operate.

MPTs are created with compliance controls built in so that issuers can enforce KYC/AML, freeze or claw back assets if required, add metadata like bond terms or reserve attestations and manage distribution securely with multi-sig and escrow.

Permissioned DEX and domains

According to Cooper, the permissioned DEX is a neat feature that builds on a couple of different capabilities of XRP Ledger. Permissioned DEX extends XRPL’s decentralized exchange into regulated contexts, enabling secondary markets for RWAs or FX with full AML/KYC controls.

Permissioned domains allow markets to gate participation based on credentials, creating user-controlled environments. According to Cooper, permission domains basically allow users to create a ring fence around a protocol on XRPL to add in various compliance features.

Lending protocol

Cooper spoke about a new lending protocol coming to XRP Ledger, which will allow for credit origination on-chain. The launch of XRPL’s native lending protocol is expected in XRPL version 3.0.0 release later this year.

This protocol, defined in the XLS-65/66 specifications, introduces pooled lending and underwritten credit directly at the ledger level.

Source link

October 4, 2025 0 comments

Crypto Trends

Ripple Funds UC Berkeley’s New Crypto Research Center

by admin October 2, 2025

Expanding partnership
Main research goals

Enterprise blockchain firm Ripple has allocated $1.3 million to fund a new Center for Digital Assets (CDA) within the engineering school of the University of California, Berkeley.

Notably, the funding has been provided in Ripple’s own Ripple USD (RLUSD) stablecoin.

Expanding partnership

Ripple’s support for UC Berkeley is not new. The San Francisco-headquartered company has been providing financial assistance for one of California’s top universities since 2018 as part of its University Blockchain Research Initiative (UBRI).

Earlier, however, the company was mainly focused on sponsoring research and student programs, but it is now bringing its support to a whole new level with the new center.

Notably, Ripple’s engineers will be working directly with CDA, meaning that this can be viewed as a strategic R&D partnership.

Main research goals

The center’s research will involve advancing the development of blockchain-based assets of the likes of NFTs, creating digital “twins” of physical assets, and coming up with new practical applications of blockchian technology. For instance, blockchain could lead to more efficient inventory management.

Source link

October 2, 2025 0 comments

GameFi Guides

1,000,000,000 XRP Vanishes From Ripple Escrow, What’s Happening?

by admin October 2, 2025

The crypto market has witnessed another unlocking of XRP tokens from Ripple’s escrow account on Thursday, October 2nd, as the much-anticipated “Uptober” season kicks off to a bullish start.

According to data from blockchain tracking platform Whale Alert, a total of 1 billion XRP tokens were unlocked from escrow in less than an hour.

The unlocked tokens are valued at approximately $3 billion, based on XRP’s trading price at the time of the event. Notably, the release occurred in four separate transactions: two batches of 400 million XRP each and two batches of 100 million XRP each, summing up to a total of 1,000,000,000 XRP.

While the move comes as no surprise, it marks the fulfillment of Ripple’s scheduled monthly release of XRP, typically on the first of every month. However, this month’s unlocking carried a slight twist, as it was delayed until the second day.

What’s Ripple up to?

The move has sparked discussions within the XRP community, with speculations about its impact on XRP’s ongoing price movement. It is important to note that the San Francisco-based blockchain company has committed to the escrow system as a way to control XRP’s circulation and mitigate oversupply, which could otherwise threaten the token’s value.

Although Ripple consistently unlocks up to 1 billion XRP each month (often returning a portion back to escrow after limited sales), this month’s unlock has drawn more attention, given the hype surrounding Uptober.

Coinciding with XRP’s strong momentum, the timing has fueled optimism. The token recently broke above the $3 resistance level, with market watchers suggesting that the unlock could further propel its price upward.

According to data from CoinMarketCap, XRP has surged 3.98% in the past 24 hours and is trading at approximately $3.04 as of press time.

Source: CoinMarketCap

Although increased supply can sometimes trigger short-term corrections by reducing scarcity, analysts argue that this month’s move could instead provide the liquidity required for institutional adoption, thereby supporting further upside momentum.

With decisions on the XRP ETF now entering their final stages, investors remain confident in XRP’s potential throughout October.

Source link

October 2, 2025 0 comments

NFT Gaming

Ripple CTO Addresses Speculation on Web Monetization Platform Coil: Details

by admin October 2, 2025

Ripple CTO David Schwartz recently announced he was stepping back from his role as Ripple’s chief technology officer, sparking reactions from the XRP and broader crypto community.

An X user, in reaction to Schwartz’s announcement of his resignation, pleaded with the Ripple CTO to “kindly continue working on Coil.”

Coil is a platform that provides an alternative method for creators to monetize their content online. As subscribed fans consume content, the platform utilized an open API called Web Monetization to stream micropayments to creators instantaneously. The API was built on the Interledger Protocol, co-created by former Ripple CTO Stefan Thomas. The Coil platform sunsetted in 2023.

Ripple CTO weighs in

In response to the X user’s request to continue development on Coil, Ripple CTO David Schwartz revealed the hard truth: “We’re kind of stuck. The issue is interesting.”

Schwartz went on to explain the issue, using the context of email. He noted that email really has two different features, which are logically separate.

First, it has a universal namespace based on domain names. Second, it has a universal exchange protocol, SMTP. Schwartz explained the issue, saying, “You can imagine a system that only had one of these things and not the other. First, with neither, things would suck.”

“Coil wanted InterLedger Protocol (ILP) to be like email -a universal namespace and a universal protocol with guaranteed interoperability,” Schwartz said, adding “the problem is that a universal protocol for money with guaranteed interoperability is not practical.”

Schwartz added, “Yes, ILP is a protocol and mostly what you care about it people using ILP to move money. But it has to coexist with other payment methods and requiring people who have other ways to pay to onboard with ILP endpoints doesn’t seem to be necessary.”

Ripple’s paystring — a universal namespace for payment endpoints that can support XRPL addresses, ILP endpoints, Bitcoin addresses, custodial accounts on exchanges, PayPal and Zelle — was developed in response, but it did not guarantee interoperability.

“A big blocker in the past was regulatory obstacles to cross-system payments outside of the self-custody space. I’m not sure if that has gotten better or is still a problem,” Schwartz added.

Source link

October 2, 2025 0 comments

NFT Gaming

Ripple Kicks Off ‘Uptober’ with New RLUSD Mint

by admin October 1, 2025

Enterprise blockchain firm Ripple has minted an additional 1.8 million RLUSD tokens on the XRP Ledger.

The company’s previous minting event took place on Sept. 27 on the Ethereum network, resulting in the creation of 8 million tokens.

This is the first RLUSD mint that takes place on the XRP Ledger since Sept. 24.

Meanwhile, the market cap of RLUSD is now steadily approaching the $800 million mark, currently sitting at roughly $798 million.

Expanding into Africa

In the meantime, Ripple recently made an announcement about its stablecoin expanding into Africa. The product will be embedded into existing financial rails with the help of such partners as Chipper Cash and Yellow Card.

The collaboration is meant to solve such issues as expensive remittances, high inflation experienced by local fiat currencies, limited banking access, and low efficiency of traditional financial channels.

The RLUSD stablecoin will help to ensure affordability and higher speed.

First Deloitte-backed attention report

In other news, as reported by U.Today, Ripple recently published the first attestation report for the RLUSD stablecoin backed by “Big Four” accounting giant Deloitte.

Jack McDonald, Ripple’s stablecoin head, recently took to stress that Ripple is committed to holding the stablecoin to “the highest” regulatory standards.

New exchange listings

As reported by U.Today, the RLUSD token recently got listed on the Bybit exchange, which gives the token significant global exposure.

Meanwhile, Budget, another global exchange that is popular with XRP traders, recently added some new RLUSD pairs.

Source link

October 1, 2025 0 comments

GameFi Guides

Coinbase Lists Ripple Rival XPL and 3 New Cryptocurrencies as Uptober Begins

by admin October 1, 2025

As the crypto ecosystem kicks into what is considered the “Uptober” season, leading U.S.-based cryptocurrency exchange Coinbase has announced four major listings in a recent X post.

In its relentless efforts to expand its wide range of trading options for users, the exchange has not only continued to strengthen its spot market but is also boosting its derivatives market.

Coinbase boosts derivatives options for users

Following its latest listings, the exchange revealed it has launched perpetual futures trading for four new cryptocurrencies: Lombard ($BARD), Anoma ($XAN), Plasma ($XPL), and Kamino Finance ($KMNO).

The exchange specified that the new perpetual contracts (listed as BARD-PERP, XAN-PERP, XPL-PERP, and KMNO-PERP), will go live on Thursday, October 2. Notably, the listing event will commence on or after 9:30 a.m. UTC in supported regions. However, Coinbase emphasized that the listings will not go live at the stated time if the projects fail to meet its liquidity conditions.

While the move expands Coinbase’s derivatives offerings for both retail and large token holders, the exchange noted that only retail traders in select jurisdictions will be able to access the perpetual markets via Coinbase Advanced.

Meanwhile, institutional investors will have the opportunity to trade directly through the Coinbase International Exchange, propelling the newly listed tokens toward higher volume demand.

Following the inclusion of BARD, XAN, XPL, and KMNO on Coinbase’s derivatives market, the exchange has not only positioned itself for a boost in trading volume but also enhanced adoption prospects for the tokens, potentially setting them up for significant price upswings.

While the timing of the listing coincides with the beginning of “Uptober” (a hype tag associated with October given its historical bullish records), users have shown excitement for the newly added options. Commentators believe the move will fuel more price surges for the tokens, aligning with bullish expectations for the month.

Amid heightened anticipation for renewed momentum across the broader crypto market, market watchers appear to be keeping a close eye on how the new crypto listings on Coinbase will perform upon their official launch.

Source link

October 1, 2025 0 comments

GameFi Guides

BREAKING: Ripple CTO Stepping Down, CEO and President Share Reactions

by admin September 30, 2025

Joining board of directors
“You are my boss now?”

David Schwartz has announced that he will step down as Ripple’s chief technology officer at the end of the year after more than 13 years at the company.

“The time has come for me to step back from my day-to-day duties as Ripple CTO at the end of this year. I’m really looking forward to spending more time with the kids and grandkids and going back to the hobbies I set aside,” he said.

Schwartz was appointed as the company’s CTO back in July 2018. Before him, this role was held by Coil CEO Stefan Thomas and Ripple/Stellar co-founder Jed McCaleb.

In his statement, Schwartz stressed his appreciation for the company and the community, describing his time at Ripple as “one of the greatest honors and experiences of his life.”

As happens in one’s life, I’ve been taking stock of my last 40 years. It’s been a wild ride. I’ve gone from consulting for the NSA to watching the early stages of Bitcoin. Then, I met Arthur, Jed, and Chris and worked on coding the XRP Ledger. Now, I’ve spent more than 13 years…

— David ‘JoelKatz’ Schwartz (@JoelKatz) September 30, 2025

He has also expressed his gratitude to Ripple’s leadership (CEO Brad Garlinghouse and President Monica Long), co-founders Chris Larsen and Arthur Britto, as well as the RippleX team.

Joining board of directors

Schwartz has confirmed that he is not breaking ties with Ripple. In fact, he will be joining the company’s board of directors. He will also remain involved as CTO Emeritus.

“I look forward to seeing the rest of you at XRP community events around the world,” he said in a statement.

“You are my boss now?”

Ripple’s leadership has already reacted to Schwartz’s upcoming exit. Garlinghouse has described Schwartz as “the smartest (and maybe the funniest) person” he personally knows. “A true OG in crypto with the conviction and vision to see what others couldn’t – you are a legend,” he added.

He has also jokingly suggested that Schwartz will be his boss after joining the company’s board of directors.

The smartest (and maybe the funniest) person I know. A true OG in crypto with the conviction and vision to see what others couldn’t – you are a legend. Thank you David for everything you’ve done for the industry, for Ripple and for the XRP Ledger. We are all forever grateful…… https://t.co/tt4uX4JlkV

— Brad Garlinghouse (@bgarlinghouse) September 30, 2025

Long has acknowledged that the “mighty community” would not have existed without Schwartz. “I deeply respect your ingenuity, integrity, humor, and humility, which you demonstrate daily…” Long said.

Source link

September 30, 2025 0 comments

NFT Gaming

XRP Price Reacts to Ripple CTO’s Resignation Announcement

by admin September 30, 2025

The price of the XRP token has remained mostly flat following Ripple CTO David Schwart’s surprising resignation announcement.

As reported by U.Today, Schwartz will leave his CTO role at the end of the year while getting a seat on the company’s board of directors.

The third-largest cryptocurrency is currently changing hands at $2.86 on the Binance exchange.

“The architect of XRPL”

Schwartz has always been regarded as a pivotal figure within the XRP community given that he is the architect behind the XRP Ledger (XRPL). He is one of the original designers of the network that is meant to solve the inefficiencies of the current financial system and address the scalability issues of other blockchains.

SBI Ripple Asia signs MOU with Tobu Top Tours to develop tokenized payments

by admin September 30, 2025

SBI Ripple Asia is partnering with Tobu Top Tours to build closed-loop payment ecosystems. The venture will mint unique tokens for destinations and brands, tethering spending power to digital fan engagement and localized travel experiences.

Summary

SBI Ripple Asia and Tobu Top Tours signed an MOU to launch tokenized payment platform
Proprietary tokens on the XRP Ledger seek to support travel, retail, and fan economies
Service launch targeted for the first half of 2026

According to an announcement on Sept. 30, the two Japanese firms have inked a memorandum of understanding to build a new payment platform. Under the agreement, SBI Ripple Asia will issue proprietary tokens on the XRP Ledger, each tailored for partner companies and organizations.

Tobu Top Tours, a major travel and tourism operator, will leverage its industry clout to onboard partners, build out a network of affiliated stores, and develop marketing initiatives using NFTs functionally linked to these new tokens. The companies are targeting a service launch in the first half of 2026.

Tourism, fan economies, and other use cases

The memorandum outlines various use cases that move beyond theoretical applications. In tourism, the platform would issue tokens geographically locked to specific destinations, functioning as a digital currency for an entire town or shopping district.

SBI Ripple Asia said this would streamline the cashless experience for travelers and keep tourist spending circulating within the local economy. Notably, transactions could be paired with NFTs functioning as digital souvenirs or discount vouchers, creating a link between one-time visits and repeat engagement.

The model also proposes a new approach to disaster relief and regional aid. According to the companies, donations could be issued as tokens that are only spendable within the affected area, ensuring financial support goes directly to local businesses like restaurants and shops. This prevents aid from leaking out to national chains or online retailers, offering a transparent and targeted method to fuel grassroots economic recovery.

Additionally, the platform is engineered for the fan economy. Sports teams, artists, and cultural institutions could launch their own branded tokens. These would be used for merchandise and concessions, while NFTs act as programmable membership cards. The system could unlock special experiences or rewards based on a fan’s spending, creating a dynamic new revenue stream and deepening loyalty.

Source link

September 30, 2025 0 comments

Crypto Trends

Ripple Chief Legal Officer Stuart Alderoty Says U.S. Congress Must End Crypto Uncertainty

by admin September 30, 2025

Washington has a narrow window to deliver clear U.S. crypto rules, Ripple Chief Legal Officer Stuart Alderoty argues, urging lawmakers to “finish the job on crypto clarity.”

In an op-ed published Monday on RealClearMarkets, Alderoty said the Securities and Exchange Commission has for the first time listed crypto clarity among its top priorities — signaling that “the time has come” for predictable oversight. He framed the issue as mainstream, not niche, pointing to consumer adoption and polling that shows broad support for stronger guardrails.

Alderoty cited several data points to make the case.

A National Cryptocurrency Association (NCA) survey with Harris Poll found roughly one in five U.S. adults owns crypto. Pew Research reported that a majority of Americans lack confidence that current ways to invest, trade or use crypto are reliable and safe. And a YouGov poll showed more Americans favor tighter crypto regulation than looser rules.

He also referenced Chainalysis estimates that Americans transacted more than $1 trillion in digital assets in 2024, spanning uses from payments to savings.

“The absence of clear, consistent rules doesn’t make crypto go away,” Alderoty wrote, warning it pushes activity to jurisdictions moving faster. He argued that clarity would both protect consumers and give responsible firms certainty to build in the U.S.

Alderoty is also president of the National Cryptocurrency Association, a crypto education nonprofit launched on March 5 with a $50 million grant from Ripple. The NCA says it aims to boost literacy and safe adoption through explainers and user stories, and its polling finds most current users want to learn more about the technology.

With Congress weighing market-structure legislation after this summer’s stablecoin law, Alderoty cast the fall session as a pivotal moment. “The opportunity is in front of us. The mandate is already there,” he wrote, adding that lawmakers can “prove to Americans that Washington can, in fact, deliver clarity where it’s needed most.”

He concluded that finishing the rules would keep innovation onshore and ensure the U.S. leads in shaping future financial infrastructure.

Source link

September 30, 2025 0 comments