Posts

Showing posts with the label xrp ledger

$130M Agri Credit on XRP Ledger Shakes Up Blockchain

Image
XRP Ledger agriculture funding has reached a breakthrough, actually, as Brazilian firm VERT launched a $130 million Agricultural Credit Certificate on the blockchain platform. This tokenized asset adoption brings real-time financial tracking to Brazil’s agricultural sector, which contributes over 20% of the country’s GDP through blockchain for agriculture innovation right now. Source: Ripple XRP Ledger Agriculture Funding Unlocks Real-Time Tracking and Adoption Source: CryptoTimes.io The Agricultural Credit Certificate worth BRL 700 million was built using both the XRP Ledger and its Ethereum-compatible EVM Sidechain. This tokenized asset adoption enables operations to be seen freely, and the real-time financial tracking provides end-to-end tracking of payments along with transfers. Gabriel Braga, Director of Digital Assets at VERT, stated: “We are enabling operation events to be recorded in the most granular way possible, ensuring traceability and transparency with ev...

USDC Launches on XRP Ledger as Ripple Eyes SEC Relief

Image
The launch of USDC on XRP Ledger happened officially on June 12, 2025, marking a significant milestone as Circle brings its regulated stablecoin natively to the XRP ecosystem. This development comes as Ripple continues navigating its SEC lawsuit, with both companies positioning for enhanced market adoption and regulatory clarity. NEW: The @SECGov and @Ripple have jointly requested a Manhattan District court to dissolve the injunction in their ongoing case and release the $125 million civil penalty held in escrow. They’re proposing that $50 million be paid to the SEC, with the remaining funds returned… pic.twitter.com/UopQuQNG5q — Eleanor Terrett (@EleanorTerrett) June 12, 2025 Also Read: $300M Ripple XRP SEC Plan by Chinese Firm Sparks $11K Rally Ripple Fights SEC as USDC Boosts XRP Ledger Utility and Demand Source: Financial IT The USDC on XRP Ledger integration arrives during ongoing Ripple SEC lawsuit negotiations. Court documents reveal that both the SEC and Ripple have jointly req...

Ripple CEO Brad Garlinghouse Says RLUSD Stablecoin Is Only Weeks From Launch

Image
Ripple CEO Brad Garlinghouse says the company is “very close” to launching its own dollar-pegged stablecoin on the XRP Ledger. During a fireside chat at the Korea Blockchain Week in Seoul, South Korea, Garlinghouse said that the stablecoin has been in a “closed beta” stage. “We will certainly launch soon,” he said. ”Weeks, not months.” USDC’s Depeg Opened Up An Opportunity Ripple’s stablecoin will be called Ripple USD and trade under the ticker symbol RLUSD. Garlinghouse said that plans for the company to launch its own dollar-backed stablecoin were set in motion after USD Coin (USDC), which is the second largest stablecoin in terms of market cap, lost its peg to the dollar in March last year. Ripple’s unique position in the market and connections to multiple financial institutions led to the company’s executives identifying USDC’s brief disconnect to the dollar as an opportunity to enter the stablecoin ...

XRP Ledger Records A Breaking $169 Million Market Surge-Messari

Image
A new Messari report has unveiled record-breaking statistics concerning the XRP ledger. Per the new disclosure, XRP Ledger has noted an incredible ascent in its market cap, notably by 47%.  This particular development entails growth worth nearly $169 million in XRP Ledger ’s market cap, which is dubbed impressive considering the platform’s gradual progression.  XRP is now the sixth-largest cryptocurrency by market cap- Messari The report further outlines that XRP has become the sixth-largest cryptocurrency by market cap, reaching $33.7 billion. Its circulating market cap has increased by 21.2% quarter by quarter and approximately 93.6% year by year.  The report also suggests the reason behind the positive XRP performance, referring to the conclusive regulatory news and wins that Ripple availed of while battling its legal positioning with the SEC.  Also Read: Reasons Behind the Bitcoin Price Rally: Here’s What the Experts Are Say...