Ripple has announced the end of its drought insurance pilot in Kenya, with 517 new pastoralists onboarded. This program would use the Normalized Difference Vegetation Index (NDVI) to assess vegetation health and density, and release $75 RLUSD to each pastoralist against any drought. CNF disclosed in an earlier report that Ripple, in partnership with Mercy…
Ripple’s partnership with Eastnets connects it to global financial infrastructure, banks, and regulators. The collaboration offers Ripple exposure to key global policy discussions and blockchain standardization efforts. Ripple, known for its blockchain-based payment solutions, has maintained a significant alliance with Eastnets, a global payment and compliance solution provider to the financial sector. According to crypto…
According to legal analysts, the probability of a settlement between Ripple and the SEC before July 14 is very slim, and no motion has been filed. Attorney Marc Fagel confirms the SEC has to vote internally and engage in a formal process to withdraw the case. XRP investors anticipating a last-minute Ripple vs. SEC settlement…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple CEO Brad Garlinghouse has discussed the current state of the stablecoin industry and how much the industry could be worth in the next few years. He also commented on why his firm’s RLUSD stablecoin has the potential to dominate the market…
XRP surges to $2.8 as the number of wallets holding at least 1 million of the token increases to an all-time high level. Analysts have predicted that XRP could likely double its price and later make a move to $14 by the end of the altseason. The recent surge of XRP’s price to a monthly…
Ripple is seeking a U.S. banking license that would allow it to hold RLUSD reserves directly with the Federal Reserve. With developments like Crypto.com’s MoU with Emirates Airlines for crypto payments, RLUSD may soon find real-world applications. Ripple and financial giant BNY Mellon have collaborated in order to offer custodial services to its growing and…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure There were speculations that the US SEC would agree to drop the Ripple lawsuit at the closed-door meeting held on July 10. With the meeting now over, there is little to suggest that the Commission discussed, with a former SEC lawyer also…
Whale wallets now hold over 47 billion XRP as the price reaches $2.39, showing renewed long-term confidence. Significant transfers to Coinbase and unknown wallets have stirred speculation about Ripple’s next move. XRP whale accumulation is heating up as the coin climbs to $2.39. On-chain data show that this is its highest level in seven weeks….
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple CEO Brad Garlinghouse delivered a notable testimony before the Senate Committee on Banking on Wednesday, emphasizing the need for clear regulatory frameworks in the cryptocurrency industry. Ripple’s Vision Garlinghouse began his intervention by noting that with over a decade of experience,…
The CEO of Bitwise Investment has asked whether Ripple could be labeled as the treasury company of XRP. Ripple boss Brad Garlinghouse has confirmed that the company owns $100 billion worth of XRP. XRP is back in the news as Bitwise CEO Hunter Horsley asks about the possibility of people labeling Ripple as an XRP…
