By Chayanika Deka XRP’s price has remained under pressure, alongside the choppy price action seen across other major crypto assets. It has struggled throughout the summer, shedding almost 30% since mid-May. But the slump hasn’t stopped whale wallets from growing. Biggest Wallets Are Quietly Growing According to Santiment’s latest analysis, the number of wallets holding […]
Tag: RLUSD
Key highlights: XRP holders can use wrapped XRP as collateral to borrow RLUSD on Ethereum through a new institutionally reviewed lending market. The FXRP market launched with strong early demand as the initial 1 million RLUSD liquidity allocation was fully borrowed within hours. Flare is developing a simpler borrowing process that would allow users to […]
By George Georgiev Ripple announced yet another expansion of its institutional digital asset strategy. In fact, the past seven days were rather packed with ecosystem updates. All of it happened as XRP traded near $1.07 following a few unsuccessful recovery attempts, but more on that later. Now, let’s dive into the most important and recent […]