Rippleâs expanding regulatory footprint adds a notably bullish fundamental backdrop to XRPâs technical posture. On Jan. 14, Ripple announced it secured preliminary approval for an Electronic Money Institution (EMI) license from Luxembourgâs Commission de Surveillance du Secteur Financier, moving the company closer to the core of the European Unionâs regulated payments framework. Issued as a âgreen light letter,â the authorization represents a meaningful step toward full EMI status and strengthens Rippleâs ability to scale Ripple Payments across all 27 EU and EEA member states.
The approval follows a recent license from the UK Financial Conduct Authority and lifts Rippleâs global total to more than 75 licenses and registrations. By expanding its compliance moat and reinforcing its presence across Europeâs financial hubs, Ripple continues to position itself as institutional-grade infrastructure for cross-border settlement, a dynamic that supports longer-term confidence in XRP-linked liquidity within regulated financial systems.
đ˘XRP Bull Case Strengthens as ETFs, Treasury Adoption, and On-Chain Utility Converge
XRP enters 2026 with breakout pressure rising as legal clarity unlocks institutional capital, spot ETFs deepen liquidity, and enterprise treasury adoption ties demand to real settlement utility instead of short-term speculative flows across global markets.
đXRP Advances Toward Breakout as ETF Inflows
The defining catalyst behind the bullish shift was regulatory resolution in the United States, which directly enabled institutional capital formation. The August conclusion of the U.S. Securities and Exchange Commission (SEC) case against Ripple Labs established that secondary-market XRP transactions are not securities.
Regulatory conditions shifted further in XRPâs favor as the framework for launching spot crypto exchange-traded funds (ETFs) became more permissive. Generic listing standards, a more crypto-friendly administration, and the appointment of SEC Chair Paul Atkins after Gary Genslerâs departure reduced barriers for issuers, enabling the launch of multiple spot XRP ETFs, the most significant market-structure development of the year.
Canary Capitalâs spot XRP ETF, trading under the ticker XRPC, led initial approvals, followed by products from major institutions. Grayscale converted its trust into the GXRP ETF, Franklin Templeton launched the XRPZ fund, and issuers, including Bitwise and Rex-Osprey, introduced additional offerings, such as the XRPR ETF.
U.S.-listed firms, including Evernorth, Trident Digital Tech, Vivopower, and Wellgistics Health publicly disclosed XRP treasury strategies, with allocations ranging from tens of millions to plans exceeding $1 billion. These initiatives were largely tied to cross-border payments, working capital efficiency and treasury optimization.
XRP spot ETFs extended their inflow streak with nearly $16 million streaming in on Wednesday. There are two XRP ETFs listed in the United States (US): Canary Capital's XRPC and Bitwise XRP. Combined, they have a total net inflow of approximately $293 million, with net assets averaging $268 million.
Since their October 28 debut, XRP ETFs have not experienced outflows, underscoring the growing risk appetite in altcoin-related investment products.
XRP needs the support of institutional investors through the recently launched Exchange Traded Funds (ETFs) and other related investment products to ensure stability above $2.00 support and sustain its recovery in the fourth quarter.
đ˘Pi Coin Set for Major Adoption as Pi Network Officially Registers Under EU MiCA
Pi Network has officially been onboarded into the European Unionâs Markets in Crypto-Assets Regulation, or MiCA. It could be a step toward allowing the Pi coin to enter larger markets.
The project confirmed that it has officially filed under the EUâs MiCA framework. This opens Pi coin up to achieving full legal status in European markets. Up until now, Pi remained inaccessible across the continent due to the strict compliance requirements in place.
This follows the launch of the Valour Pi ETP on Swedenâs Spotlight Stock Market back in August. This is the first regulated Pi-linked investment vehicle in the region.
The product gives European brokerage customers regulated exposure to the Pi token. Trading in Swedish kronor, the ETP has a 1.9% management fee attached. This also offers a path for investors to participate in any upside that could come from Pi without holding the token directly.
Before the MiCA filing, the project had already collaborated with Maetzler Rechtsanwalts from Austria and Prighter Ltd from the UK. In parallel, SocialChain finished its full GDPR certification. They ensured the processing of usersâ data is in tune with high privacy requirements within the EU.
đ˘đ˘ 60 Million Pi Users May Soon Join Stellar Ecosystem
Over the past week, Pi Coin has struggled to attract new buyers. With crypto sentiment weakening and trading activity fading, PI has slipped into a quiet phase. Volatility is low, but pressure continues to build as the market waits for a catalyst.
While the price stays flat, the Pi ecosystem grabbed attention today after Stellar highlighted the potential of Piâs massive community. Stellar said more than 60 million Pi users are âsitting at the edge of real crypto utility,â suggesting they could soon transition into active use cases on the Stellar network.
Stellar explained that Pi users could eventually join DeFi, explore real-world assets, and participate in real crypto applications for the first time. A new onboarding model aims to help Piâs passive miners become active contributors across the Stellar ecosystem. Stellar called it a quiet shift, but a powerful one.
đ˘ Pi Network Rolls Out Major Update for its Flagship Product: All Pioneers Need to Know
Pi App Studio, which introduces new features to allow creators to download their appâs source code and re-upload custom edits.
The move aims to bring together non-technical users and more professional developers under one dedicated toolset.
Pi App Studio rolled out earlier this year as the team wanted to capitalize on the growing AI adoption, which they merged with the blockchain industry. It was initially designed to help everyday users (called Pioneers) build simple apps without comprehensive coding knowledge.
The new capabilities now make it a hybrid low-code platform. This means that users can export their projects, refine the code externally, such as adjusting UI elements or adding advanced functions, and then re-upload the modified version back to the Pi App Studio for further editing and deployment inside the broader Pi ecosystem.
On the other hand, more advanced technical developers will be able to leverage the toolset as a rapid-prototyping environment. They can now create a quick working model within the App, export the base code, and continue full-scale development elsewhere, instead of building Pi-integrated utilities from scratch.
The newly updated app can be introduced to the Pi App Studio for deployment through the simplified integration system, the team added, which should save time and streamline the entire release process.
The âMy Appsâ section now includes search, sorting filters, and a dropdown menu for renaming or managing apps. The app creation limit has been increased from 10 to 100 projects, and expanded in-app Pi allocation from 1 to 100 tokens per creator. The team said this move should encourage greater experimentation and scale.
đ˘ XRP ETF Posts Yearâs Strongest Debut With $58 Million in First-Day Trading
Canary Capitalâs spot XRP ETF (XRPC) opened with $58 million in first-day trading volume, the strongest debut of any exchange-traded fund launched this year, even as crypto prices extended losses.
Days after filing its pre-launch registration with the SEC, the fund began trading and immediately attracted heavier-than-expected flows and strong early interest.
The benchmark figure was first noted by Bloomberg senior ETF analyst Eric Balchunas, who tweeted Thursday, citing Bloomberg data, that Canaryâs ETF âbarelyâ edged out Bitwiseâs Solana staking ETF, which drew $57 million when it listed late last month.
The scale of the flows was unexpected. Balchunas initially projected around $17 million for XRPC, yet the fund cleared that within half an hour and closed the session as the yearâs top debut.
Canaryâs XRP ETF closed its debut session at $24.55, down 7.8% after a volatile first day, according to Barchart data.
XRPCâs debut performance came as broader crypto markets spent the day in the red, down 3.5% in market capitalization terms to $3.43 trillion, per CoinGecko data.
If XRPC âcontinues to see steady inflows and creations,â it could be a âstrong signâ for how âinstitutions are treating this as a long-term allocation,â Samantha said, adding that should the flows cool off, it could mean âmarket-makers might be what dominated the early volume.â
đ˘đđ5 Best Altcoins to Buy for the Next Crypto Bull Run đ°đ°
Crypto market sentiment is heating up. With Bitcoin's latest consolidation above six figures and Ethereum's ecosystem pushing ahead with protocol upgrades, altcoins are once again in focus.
đRender (RNDR): The Decentralized GPU Marketplace for AI and the Metaverse Render has taken a practical approach to decentralizationâone rooted in compute infrastructure. It links underutilized GPU power from individuals and data centers to projects needing high-performance rendering. Whether it's gaming studios, AI researchers, or 3D artists, Render enables them to pay in RNDR for rendering tasks, forming a decentralized compute economy.
đTheta Network (THETA): Decentralized Streaming Infrastructure That Pays to Participate Theta is building the future of digital streaming by enabling users to share bandwidth and receive rewards. Rather than relying solely on centralized CDN providers, platforms built on Theta distribute video content peer-to-peer, cutting costs and improving quality.
đHelium (HNT): Wireless Coverage Powered by the People Helium is transforming the telecom industry by rewarding users for powering a global wireless network. It started with LoRaWAN-based IoT coverage and has since expanded into 5G deployments. Community members install Hotspots and earn HNT when devices connect through their node.
đHedera (HBAR): Energy-Efficient Public Ledger for Enterprise-Grade Applications Hedera Hashgraph isnât your standard blockchain. It uses a hashgraph consensus mechanism offering high throughput, low fees, and asynchronous Byzantine fault tolerance. This makes it particularly attractive to enterprises and institutions needing dependable performance.
đđŞ10 Best Cryptos to Buy for Massive Returns in 2026 đ°
Here's a list of the 10 cryptocurrencies to consider for significant returns over the next few years.
1. Bitcoin (BTC) â The King of Crypto Bitcoin remains the leading cryptocurrency by market cap and is poised for substantial growth.
2. Ethereum (ETH) â Dominating DeFi and NFTs Ethereum has solidified itself as the backbone of DeFi and NFT ecosystems. With the transition to Ethereum 2.0, scalability and energy efficiency are set to make Ethereum more attractive.
3. Binance Coin (BNB) â The Binance Ecosystem Token Binance Coin (BNB) is at the heart of the Binance exchange, the world's largest cryptocurrency exchange.
4. Dogecoin (DOGE) â The Meme Coin with Mainstream Adoption Dogecoin started as a meme coin but has quickly gained massive popularity, largely thanks to Elon Musk and its active community.
5. Solana (SOL) â The Speedy Blockchain Solana has garnered attention for its high transaction speeds and low costs, positioning itself as a competitor to Ethereum.
6. Polkadot (DOT) â Bridging Blockchain Networks Polkadot is a unique blockchain platform that aims to connect multiple blockchains, enabling them to work together.
7. Avalanche (AVAX) â Fast, Scalable, and Secure Avalanche is another Layer 1 blockchain that has gained massive traction due to its scalability and low-cost transactions.
8. Chainlink (LINK) â The Oracle Network for Smart Contracts Chainlink is the leading decentralized oracle network, which provides real-world data to smart contracts on the blockchain.
9. Floki Inu (FLOKI) â The Meme Coin on the Rise Floki Inu has positioned itself as a strong competitor to Dogecoin and Shiba Inu in the meme coin space.
10. Shiba Inu (SHIB) â The Meme Coin with Real Potential
Shiba Inu has been dubbed the "Dogecoin killer," and with its rapidly expanding ecosystem, including ShibaSwap and the upcoming Shibarium layer-2 network, itâs clear that this meme coin is evolving.
1. Pepe Unchained ($PEPU) This isnât your average green frog. Pepe Unchained reimagines the OG meme icon as a decentralized freedom fighter. Built on its Layer-2 chain, $PEPU unshackles the frog from Ethereum congestion and lets it cross scalable infrastructure with faster speeds and lower gas fees.
2. Cat in a Dogâs World ($MEW) What happens when a cat infiltrates the canine coin crowd? You get MEW. This stealthy feline-themed token has exploded with its anti-dog branding. Its lore? One cat, surrounded by barking chaos, quietly accumulates power while dog coins chase their tails.
3. Notcoin ($NOT ) A coin that insists it isnât a coin? Thatâs $NOT for you. Born from irony, it became a juggernaut after its viral in-app mining campaign. Unlike most meme coins, $NOT built user retention before launch, gamifying entry into crypto for millions.
4. Memecoin ($MEME) True to its name, $MEME represents the genre itself. Itâs part satire, part homage. Initially airdropped to top influencers and creators, itâs maintained buzz through a steady drumbeat of meme contests, creator grants, and NFT collectibles.
5. Test ($TST) Test started as a joke - a coin used to test liquidity bots on-chain. But then something odd happened: people kept buying it. The joke turned serious as it gained traction on social media and DEX listings.
6. AI Companions ($AIC) AIC is where memes meet artificial intelligence. Each token grants access to evolving AI chatbots that generate meme content, trade ideas, and even real-time reactions. Think ChatGPT crossed with a TikTok meme page.
đ˘Ripple gets $40 billion valuation after $500 million funding
Digital assets and infrastructure company Ripple said Wednesday it has raised $500 million in funding, lifting its valuation to $40 billion.
The fundraise comes after a slew of acquisitions and as the company expands its product base beyond just payments.
Crypto and digital asset companies are trying to take advantage of what is seen by the industry as a more favorable environment in the U.S. after the election of President Donald Trump and the passing of a landmark stablecoin law known as the GENIUS Act.
Last year, the company launched its own stablecoin, a type of digital currency pegged to the U.S. dollar and backed by real-world assets. Stablecoins are seen as a key way to move money quickly around the world as they can operate 24 hours a day. This year, Ripple acquired an enterprise-focused stablecoin platform called Rail.
Beyond payments, Ripple has pushed into other lines of business, including custody of crypto assets, prime brokerage and corporate treasury management.
đ˘Ripple Acquires Crypto Wallet Firm Palisade to Expand Institutional Payments Business
Ripple, the blockchain tech firm closely associated with the XRP Ledger (XRP) network, said on Monday it has acquired crypto wallet provider Palisade to expand its institutional custody and payments offering.
Palisadeâs wallet-as-a-service platform will be integrated into Ripple Custody, a product designed for banks and corporates handling digital assets, stablecoins and tokenized real-world assets.
Ripple said Palisade brings tools for high-speed, high-frequency use cases â like on- and off-ramps or enterprise payment flows â where users need secure wallets that can be created and deployed quickly. The tech also supports multiple blockchains and can interact with decentralized finance (DeFi) protocols.
With acquiring Palisade, Ripple gains the technical plumbing to serve faster-moving customers like fintechs needing instant wallet creation for new users or corporates managing global treasury operations.
The acquisition follows Rippleâs 2023 purchase of Swiss custody firm Metaco and three other deals this year: $1.25 billion for prime broker Hidden Road (now Ripple Prime), $200 million for stablecoin payments firm Rail and treasury tech provider GTreasury.
đ˘đ˘Is Pi Network On Track To Become A Recognised Global Currency By November 2025?
Pi Network, one of the most widely adopted community-driven blockchain projects, is preparing for what could be a historic leap in the digital finance ecosystem. With ISO 20022 integration scheduled for activation on November 22, 2025, Pi aims to transition from a closed ecosystem to a globally recognized digital currency , a milestone that could place it alongside established blockchain networks like Rippleâs XRP and Stellar.
Aiming for Global Currency Recognition
According to the Pi Core Team, the roadmap is divided into three stages , the pre-ISO preparation phase, the November 22 activation, and a post-launch adoption phase. The target date coincides with the final global migration deadline for banks and payment networks to adopt ISO 20022, a universal financial messaging standard designed to streamline cross-border payments and increase transparency.
If successful, this integration would allow Pi to communicate seamlessly with global banking systems, enabling low-cost, fast, and secure international transactions. The development could make Pi one of the first community-mined digital currencies to gain formal interoperability with the global financial infrastructure.
Understanding ISO 20022 and Its Impact on Pi
ISO 20022 is a standardized protocol that governs how financial institutions exchange information about payments, securities, and other transactions. For Pi Network, achieving compliance means that its blockchain could interact directly with traditional banking rails, offering interoperability similar to that of Ripple (XRP) or Stellar (XLM).
According to Pi Coin Magazine, once ISO 20022 goes live, governments could begin formally recognizing Pi as a transaction-ready digital currency. This move could mirror the early institutional adoption that propelled assets like Bitcoin and Ethereum into mainstream finance.
đ˘đ˘Ripple Eyes U.S. Banking License as Global Partnerships Boost XRP Outlook
Ripple is no longer just a blockchain payments company, itâs shaping into a global financial infrastructure provider. In 2025, the companyâs twin strategy of securing global banking partnerships and pursuing a U.S. banking license ignited fresh optimism among investors and institutions, marking what many call the âsecond chapterâ in Rippleâs evolution.
Over the past year, Ripple has steadily built an international footprint through partnerships that merge blockchain innovation with traditional banking systems. From Africa to Asia, the companyâs presence now extends beyond cross-border remittances to include asset tokenization, crypto custody, and stablecoin integration.
đŞStrategic Move in Africa
Rippleâs recent partnership with a leading South African bank marks a significant step into Africaâs fast-developing fintech landscape. The collaboration allows the bank to integrate Rippleâs custody and settlement solutions, helping clients manage tokenized assets securely while staying compliant with local regulations.
đď¸Asia: The Tokenization Hub
Rippleâs influence has also deepened in Asia, where regulatory clarity around digital assets is rapidly improving. A multi-party collaboration with DBS Bank and Franklin Templeton in Singapore demonstrates Rippleâs ambition to expand beyond payments.
đŞThe Banking License That Could Redefine Cryptoâs Role in Finance
In a bold and unprecedented step, Ripple has formally applied for a U.S. national banking charter with the Office of the Comptroller of the Currency (OCC). If approved, Ripple would become one of the first crypto-native firms to operate as a federally regulated bank in the United States.
The company has also filed for access to a Federal Reserve master account, a move that would allow it to clear and settle payments directly with the Fed, a privilege typically reserved for licensed banks.
đľDollar in Danger as BRICS Currency Launch Fuels Rapid De-Dollarization
Rapid de-dollarization is happening right now, and the pace has picked up considerably over the past few years. The dollarâs share of global reserves has been falling steadilyâfrom 73% back in 2001 to around 54% in 2025, according to data from the IMF. BRICS countries, which include Brazil, Russia, India, China, South Africa, and newer members such as Indonesia, now represent nearly 40% of global GDP when you measure it by purchasing power parity. At the time of writing, BRICS currency 2026 plans are moving forward through digital payment systems and also local currency trading mechanisms that are being developed across member nations.
đThree Systems Are Changing How Trade Works
While BRICS members arenât officially considering a single currency in 2025, member countries are pursuing three separate initiatives to reduce their reliance on the dollar. The first one involves expanding bilateral trade in national currenciesâsomething that really picked up momentum after Western nations imposed economic sanctions on Russia following the Ukraine crisis. Member nations are upgrading banking infrastructure across these countries to make these transactions smoother and more efficient.
đTariffs Speed Up The De-Dollarization BRICS Process
The rapid de-dollarization trend has intensified quite a bit as US tariff policies triggered what analysts describe as unprecedented coordination among BRICS members. When the US imposed tariffs on Brazil over domestic political disputes and on India for maintaining trade relations with Russia, BRICS nations viewed these actions as economic sanctionsâand they sparked the most intense level of cooperation the bloc has seen in its history
Institutional demand sent XRP above the psychological $3 level. VivoPower International Plc. (VVPR) announced an XRP-focused digital asset treasury strategy on Thursday, October 2.
According to the press release, the Nasdaq-listed company has agreed to a private capital raise with certain investors at $6.05 per share. The company will use the approximately $121 million in proceeds to launch an XRP-focused digital asset treasury strategy.
Blue-chip companiesâ demand for XRP as a treasury reserve asset will be crucial for its longer-term price outlook. Sticky institutional investors holding XRP could lower price volatility and boost retail and institutional demand.
đSpot ETF Decisions on the Horizon
For traders: keep an eye on October 18âthis could be XRPâs ETF moment.
Thursdayâs announcement came as traders were awaiting the final decision deadlines for seven XRP-spot ETFs.
21Shares, Bitwise, Canary Capital, CoinShares, Grayscale, Franklin Templeton, and WisdomTree have filed for XRP-spot ETFs. Final decision deadlines range from October 18 to November 14.
The recently approved Generic Listing Standards for Commodity-Based Trust shares, and the withdrawal of 19b-4s, have fueled bets on all seven ETFs launching on October 18. The SEC must approve the recently amended S-1s for XRP-spot ETFs to begin trading.
đ˘Pi DEX, AMM Liquidity Pools and Token Creation Features Now Live on Pi Testnet
Decentralized exchange (DEX) and automated market maker (AMM) liquidity pool functionalities are available on the Testnet, allowing developers and Pioneers to experiment directly with token swaps, liquidity pools, and other decentralized finance tools. Pi Testnet will continue to host Test-Pi for users to interact with these features. Mainnet restricts this functionality for now, but the interface in the Pi Wallet will display these options and link users to the Testnet environment. These features are innate on the protocol level of the Pi blockchain and allow the community to build their own DEX and AMM interfaces.
The launch of DEX, AMM, and liquidity pool features on Testnet gives developers and Pioneers a live environment to try out the mechanics of decentralized finance (DeFi) inside the Pi ecosystem.
đŞToken Creation
For Pi DEX and AMM to function, token creation is a prerequisite. Developers can now create test tokens on the Pi Testnet blockchain, while such functionality is similarly restricted on Mainnet during the testing period. Documentation explaining this process will be available in the coming weeks. While test tokens can be created freely on Testnet for testing purposes using Test-Pi, token creation on Mainnet will be subject to further rules to align buildersâ incentives for utility creation as Dr. Fan discussed during her keynote speech regarding the crypto industry at TOKEN2049.
đľSupporting the Ecosystem Through Utility and Web3
Opening DEX, AMM, and tokens on Testnet allows developers to extend Pi Networkâs capabilities in a structured, utility-focused and Web3 way. It also onramps Pioneers into DeFi through a safe, gradual, and educational journey of discovery. This step strengthens the ecosystem by leveraging the powers of Web3 to increase utility, transparency, and decentralization.
đ˘Bulls Eye $3 as ETF Flows and Vanguard U-Turn Lift Sentiment đ
The launch of the first US ETF offering XRP-spot exposure, alongside index-based crypto-spot ETFs, and the Generic Listing Standards, reflects a marked turnaround in XRPâs potential.
The SECâs approval of the Generic Listing Standards (GLS) for commodity-based trust shares could be the most significant event of the month. The approval will enable ETF issuers to list and trade crypto-spot ETFs under the GLS framework without enduring the SECâs typical 240-day review process
đŞVanguard Eyes U-Turn on Anti-Crypto ETF Position
Crypto ETF developments appear to have sparked renewed interest, potentially exposing XRP and the broader crypto market to a new wave of investors.
On Friday, September 26, Crypto America host and journalist Eleanor Terrett shared jaw-dropping news that fueled the ETF buzz.
In 2024, Vanguard announced it wouldnât offer BTC-spot ETFs to its client base, causing a stir as BlackRock (BLK) and other Main Street players entered the digital asset market.
Bloomberg Intelligence Senior ETF Analyst Eric Balchunas predicted Vanguardâs U-turn on its crypto policy in 2024.
đ Catalysts & Scenarios
The balance of ETF flow trends, regulatory developments, and institutional demand could determine whether XRP breaks below support levels or breaks above resistance.
These catalysts could send XRP above $2.8, with $3 as the next key target. A sustained move through $3 could pave the way toward $3.2.
Ripple Labs and the XRP token have been major beneficiaries of the Trump administrationâs embrace of digital assets in 2025. Since November, XRP has risen roughly 600%. Will XRP continue to rise or stall out? There are compelling arguments for both outcomes.
On August 7th, the fraught and lengthy legal battle between the SEC and Ripple Labs officially came to an end. Ripple agreed to pay a $125 million fine, which is a fraction of what the SEC was initially demanding. But more importantly, Ripple obtained regulatory clarity that the company can reference when moving forward.
đľThe First XRP ETF
XRPR beat many of its rivals to market by utilizing the Investment Company Act of 1940, as opposed to the Securities Act of 1933, which entails a lengthier vetting process.
On its first day, REX-Ospreyâs ETF recorded $37.7 million in trading volume, which was higher than expectations. However, amidst this heavy trading volume, the price of XRP barely budged. Itâs possible the lack of a price breakout can be attributed to XRP currently being seen by investors as overbought.
đŞStablecoins: Everybodyâs Got One
Ripple Labsâ footprint is largely outside of the US, where 90% of the companyâs business originates. However, after throwing off the burden of the regulatory hostility, Ripple has been on a mission to expand its influence, launching a stablecoin (RLUSD) in late 2024 and making a much-publicized but unsuccessful offer to buy Circle for $5 billion in April.
Meanwhile, Ripple has applied to the Office of the Controller of the Currency (OCC) for a national trust banking charter. If successful, Ripple National Trust Bank would control issuance and custody of RLUSD. Additionally, a federal charter would further engrain RLUSD within the federal laws introduced by the GENIUS Act.
đ˘đ˘XRP At The Core Of Trillions In Banking Future
DBS and Franklin Templeton signed a memorandum of understanding this week to work on tokenized trading and lending products, reports disclosed. Franklin Templetonâs sgBENJI, a US dollar money market fund token, is launching on DBS Digital Exchange.
Rippleâs RLUSD stablecoin is being used to support trading activity and is reported to be valued at nearly $730 million. DBS is also exploring the acceptance of sgBENJI as repo collateral, which would add liquidity for tokenized assets. Lim Wee Kian of DBS said the move is a step toward offering institutional-grade digital asset services.
According to the Ripple chief technology officer, a number of banks have started to adopt XRP for payments and one planned bank tied to Ripple will run entirely on the XRP Ledger.
That claim comes as Ripple seeks a New York banking charter, a Federal Reserve master account, and says it will conform with ISO 20022 messaging standards used by major banks.
The tokenâs momentum follows legal and regulatory shifts in the US after Rippleâs long fight with the SEC. Reports note that more than 20 spot XRP ETFs are under consideration, a factor that could pull large institutional capital into the market.
đĽMomentum Meets Caution
Banks are said to be moving slowly. Early integration tests and compliance checks are still under way. Industry sources say the combination of custody arrangements, stablecoins, and ledger-based settlement could unlock multi-trillion-dollar flows if real-world tokenization proves reliable. But those sources also warn that large-scale adoption will take time and careful risk controls.