Ripple | Crypto

Ripple has acquired Rail to offer stablecoin payment services, with plans to integrate RLUSD, banking partners and compliance tools across global markets. Ripple announced Thursday that it will acquire stablecoin-powered payments platform Rail for $200 million, with the deal expected to close in the fourth quarter of 2025. The company said the move aims to expand its enterprise-grade digital asset infrastructure and “deliver the most comprehensive stablecoin payments solution available in the market.” Ripple expects the acquisition to enable it to offer stablecoin on- and off-ramps without requiring customers to hold cryptocurrency, and to facilitate customers in managing multiple payment types on behalf of themselves and their internal treasury flows. Read more

Ripple is doubling down on its ambitions in the stablecoin payments space with the acquisition of Rail, a global settlement platform known for its speed and enterprise-grade automation. The deal, valued at $200 million, was announced on Aug. 7 and is expected to close in the fourth quarter of 2025. Meanwhile, it is still subject […] The post Ripple boosts stablecoin payments clout with $200 million Rail acquisition appeared first on CryptoSlate.

The acquisition follows Ripple’s application for a banking license in July.

The Rail acquisition is a way for Ripple to delve deeper into the fast-growing stablecoin ecosystem after launching its RLUSD stablecoin

Ripple Labs has urged the US Senate to revise its proposed crypto legislation, warning that the current draft introduces more confusion than clarity. The blockchain firm submitted its response on Aug. 5, addressing concerns about regulatory overreach and vague definitions that could stifle innovation across the digital asset space. The comments come in response to […] The post Ripple warns Senate draft could put ETH, SOL, XRP under SEC oversight forever appeared first on CryptoSlate.

BDACS launches XRP custody for institutions in Korea, deepening Ripple partnership and boosting regulatory alignment for XRP’s global institutional use.

A closer look at the most important Ripple (XRP) news from the past several days.

ChatGPT's XRP Analysis has integrated 24 technical indicators with Ripple's banking-license efforts to outline a bullish breakout above $3.05. Even with 42 banks opposing the license, XRP holding above all major EMAs and rising volume suggests scope to advance toward $3.15 or base above $3.00. The post ChatGPT’s XRP Analysis: Bullish Setup Above $3.05 Despite 42-Bank Blockade on Ripple appeared first on Cryptonews.

TradFi giants made 345 blockchain investments between 2020–2024, with G-SIBs leading 100+ deals across tokenization, custody and payments. Citigroup, JPMorgan Chase, Goldman Sachs and Japan’s SBI Group have emerged as the most active players in traditional finance backing blockchain startups, according to a new report by Ripple in partnership with CB Insights and the UK Centre for Blockchain Technologies. Between 2020 and 2024, global banks participated in 345 investments in blockchain companies, most of them in early-stage funding rounds, per the report. Citigroup and Goldman Sachs led the pack with 18 deals each, while JP Morgan and Mitsubishi UFJ followed closely with 15 investments. Mega-rounds, deals worth $100 million or more, were a key focus. Banks contributed to 33 such rounds during the four-year window, pouring capital into firms focused on trading infrastructure, tokenization, custody, and payment solutions. Read more

A new report by Ripple and CB Insights reveals how banks are reshaping financial markets through digital asset infrastructure, tokenization and crypto partnerships.

Check out the latest developments involving Ripple and its cross-border token.

Ripple claims hundreds of bank partners, but with a 30%–40% drop in XRPL activity and institutional use concentrated offchain, transparency concerns persist. Ripple, the company behind major cryptocurrency XRP, is facing community backlash after online entrepreneur Andrei Jikh raised questions over the company’s projects and transparency. Jikh took to X on Wednesday to voice multiple concerns about Ripple, including the lack of verifiable onchain data to support the company’s claim of securing over 300 bank partnerships in its 13 years of operation. Ripple’s chief technology officer, David Schwartz, promptly joined the X thread, addressing all six questions raised by Jikh to defend the company’s approach to transparency, onchain data and institutional adoption. Read more

Ripple’s Chief Technology Officer, David Schwartz, has revealed that regulatory risks are the main reason why the company and its partners have not embraced the XRP Ledger’s decentralized exchange (DEX) for payment settlements. The statement came in response to a user on X (formerly Twitter) who questioned the DEX’s underwhelming activity despite Ripple’s wide-ranging institutional […] The post Ripple CTO reveals why the firm is not currently using XRPL DEX for payments appeared first on CryptoSlate.

XRP investors are raising red flags after a wallet linked to Ripple co-founder Chris Larsen sent 50 million XRP to exchanges. The post Ripple’s Chris Larsen Still Holds 2.58B XRP, Analyst Warns of Potential Sell Pressure appeared first on Cryptonews.

The Ripple executive says he felt really bad about the situation and "it wasn’t the authentic interaction with celebrities" that he was aiming for. Ripple’s chief technology officer David Schwartz confessed that he once faked fan questions for Black Sabbath and filtered the responses of recently deceased rock legend Ozzy Osbourne during what was meant to be an authentic Q&A with fans — an experience he now regrets. “I cheated,” Swartz said in an X post on Thursday. “To me personally, it was a failure, but to everyone else it was a success,” recalling his time at WebMaster when, as an employee, he was assigned to deliver responses to fan questions for Osbourne — who passed away on Tuesday at the age of 76 — and the other members of Black Sabbath using the company’s ConferenceRoom software.  Read more

Although some Ripple executives initially suggested that RLUSD might be limited to institutional use, the stablecoin is gaining traction in retail. Update (July 25, 12:10 pm UTC): This article has been updated to correct information related to Ethereum-issued RLUSD and rectify previous information about EVM sidechain-issued RLUSD. Ripple USD, a stablecoin issued by XRP coin issuer Ripple, was initially marketed as an “enterprise-focused” stablecoin but has since gained traction among retail users. Ripple officially introduced its Ripple USD (RLUSD) stablecoin in late 2024, with CEO Brad Garlinghouse highlighting its institutional focus, setting RLUSD apart from competitors primarily focused on retail use. Read more

A closer look at the most important Ripple (XRP) news from the past few days.

XRP is often criticized for “not having a use case,” yet it remains a top performer in the current bull market. Why? Key takeaways: XRP gained 30% in the past week, boosted by rising institutional interest and deep trading liquidity, now the third-largest crypto by market cap. Ripple’s alignment with ISO 20022, a new financial messaging standard, and its stablecoin (RLUSD) support a pivot toward real-world financial integration. Read more

California Governor Gavin Newsom announced the California Breakthrough Project on July 15, enlisting executives from Coinbase, Ripple, MoonPay, and other technology firms to help streamline state operations.  Newsom convened the advisory group at Ripple’s San Francisco headquarters on June 6. Participants include Ripple Executive Chair Chris Larsen and unnamed executives from MoonPay and Coinbase. The cohort will work with agency staff to […] The post Coinbase and Ripple execs join California officials to streamline state operations appeared first on CryptoSlate.

The California Breakthrough Project held its first meeting at Ripple’s San Francisco headquarters, according to journalist Eleanor Terrett. California Governor Gavin Newsom has launched a new government efficiency task force that includes representatives from various crypto firms, potentially signaling the state’s recognition that blockchain technology could enhance public services. The task force, dubbed California Breakthrough Project, has tapped executives from Ripple, Coinbase, MoonPay and others to “advise and advance government efficiency and collaboration,” journalist Eleanor Terrett reported Tuesday.  According to Terrett, the task force held its inaugural meeting at Ripple’s San Francisco headquarters on June 6. It aims to foster collaboration between California regulators and industry leaders across the technology and business sectors, address government inefficiencies and boost transparency around public services. Read more