Global #Ripple

In the rapidly evolving world of fintech, investment banking firm Houlihan Lokey has pinpointed Ripple, the issuer of the XRP token, as a notable competitor to the established global banking messaging network, SWIFT.

On September 30, Bitwise Asset Management submitted a filing to Delaware’s Division of Corporations, marking a significant step forward for its proposed spot XRP ETF.

Ripple, a prominent player in the crypto payments infrastructure sector, has made significant strides in its expansion plans by securing an in-principle license approval from the Dubai Financial Services Authority (DFSA).

The long-awaited conclusion of the XRP lawsuit is finally within reach, marking a significant milestone for Ripple and the broader cryptocurrency community.

Ripple is making headlines once again as it continues to develop its RLUSD stablecoin, having recently issued two significant batches of this digital asset. According to the “Ripple Stablecoin Tracker” account on X (formerly Twitter), the San Francisco-based company has minted a total of 970 RLUSD, marking the largest issuance since the trial began in August.

As the October 7 deadline looms, the cryptocurrency community is buzzing with speculation regarding the SEC's potential appeal in the ongoing Ripple case. This case centers around whether XRP is classified as an unregistered security, and the uncertainty surrounding it has caused notable fluctuations in XRP’s value.