Ripple brings RLUSD to Türkiye via BiLira, Bitexen, and Bitlo as the USD-backed stablecoin reaches a $1.7B market cap. Ripple has expanded Ripple USD, known as RLUSD, to institutions in Türkiye through three local partners. The USD-backed stablecoin is now available through BiLira, Bitexen, and Bitlo. Ripple said RLUSD has reached more than $1.7 billion […]
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Ripple’s XRP remains under pressure against both the US dollar and Bitcoin, with the price action continuing to respect a broader bearish structure. The daily charts show the token trading below key moving averages while approaching important support zones that could determine the next major directional move. Ripple Price Analysis: The Daily Chart Against the […]
Ripple released 1 billion XRP from escrow at the start of June, the latest in its monthly unlock schedule, even as U.S. spot exchange-traded funds (ETFs) tied to the token posted their strongest month of 2026 with $118.29 million in net inflows. A Routine Unlock Meets Record ETF Demand Ripple, the company that uses the […]
Ripple's RLUSD Launches in Türkiye: Inflation Hedge?
The post XRP News: Ripple’s RLUSD Arrives in Turkey in a Hedge Against Inflation appeared first on 99Bitcoins.
Burning the remaining escrow is an option Ripple has not ruled out, though its own chief architect has questioned whether doing so would actually move the price. David Schwartz pointed to a 2019 decision by the Stellar Development Foundation, which destroyed 55 billion XLM — half of its total supply — without triggering any noticeable price movement. Related Reading: Could XRP Hit $10 This Bull Run? World’s Highest IQ Holder Thinks So A Complicated Question On Burning Schwartz said Ripple could unilaterally ensure the locked tokens never enter circulation, and he added the company could replicate the effect of selling escrow by transferring control of the account that the escrow completes into. CEO Brad Garlinghouse, for his part, said he does not rule anything out when asked about permanently destroying the reserves. The comments come as Ripple completed its latest scheduled monthly escrow release, unlocking 1 billion XRP across three separate transactions worth more than $1.33 billio
A directory in Ripple’s Payments documentation has drawn attention from XRP supporters after a user highlighted that it contains more than 500 financial institution identifiers across multiple regions. While these IDs are mainly used for routing payments and operational processes, the size of the directory has renewed interest in Ripple’s global payments network and the potential role XRP could play within it. Ripple’s Expanding Banking Network At the center of the discussion is Ripple’s Payments documentation, which contains extensive bank-ID directories used within its payment ecosystem. The directory includes financial institutions from multiple countries and regions, with entries ranging from major banks such as ANZ, Commonwealth Bank, HSBC Australia, ING, Macquarie Bank, Westpac, and National Australia Bank to smaller regional institutions and many others. Each organization is assigned a unique identifier that helps facilitate payment routing within Ripple’s network. Related Readi
Ripple CTO Emeritus David Schwartz has laid out a rare look at how the XRP Ledger could respond if it ever came under pressure from a state-level actor. The discussion started with a question about whether an authoritarian regime could use or attack the XRP Ledger by targeting its validator network. Schwartz did not dismiss […]