JUST IN: Ripple now lets businesses earn returns on idle cash 24/7, even on weekends.
The new 24/7 Returns feature puts unused operating cash to work when banks are closed.
Eligible Ripple Treasury customers can use qualifying digital assets held in a Ripple wallet, including the RLUSD stablecoin.
A new AI layer can also automate cash forecasting, reconciliation and payments.
American Airlines, Subway and Christian Louboutin already use Ripple Treasury.
BREAKING: Spot gold falls below $4,000/oz for the first time since July 29th as US-Iran tensions escalate.
This puts gold prices down -15% from their August 25th high.
Settlement liquidity is exactly the kind of use case @XRP Ledger and RLUSD are built to support.
@Arf_One is bringing its approach to settlement liquidity to the XRP Ledger, using RLUSD to support short-term working capital for licensed payment companies as cross-border payments settle.
🪙 We’re excited to announce that we’re partnering with @Ripple to expand our stablecoin optionality and integrate RLUSD into our banking core infrastructure, with support for transactions on the XRP Ledger.
Together, we’re combining traditional payment technology with RLUSD on the XRPL, giving issuers and acquirers greater flexibility to settle intraday and reduce settlement latency. By bringing stablecoins’ programmability and near-instant settlement into the same environment as traditional rails, we’re creating a unified payments experience where businesses can leverage the strengths of both.
We’re proud to enable faster payment capabilities and give our partners greater choice and flexibility.
Learn more: https://t.co/xK2vIVNSGV
@Paxos now works with XRP and trades on XRPL. @judyshel now at the treasury. XRPL already has Treasuries on chain.
Am I the only who sees Gold Back Treasuries coming back, on chain, specifically to XRPL?
@xrp_seer You did in fact call that. I even wondered why - but I will absolutely admit you had the right call. Still bullish on XRPN long term but right now I have to say you called it.
The best work isn’t done alone.
Today, we’re announcing our inaugural institutional execution partners: @Ripple, @krakenfx, @coinbase and @BitGo.
Together, they provide a foundation to begin putting our 473 million XRP treasury to work in institutional strategies.
More on our partners and what comes next: https://t.co/7fULMvi79X
Not investment advice or an offer of securities. Contains forward-looking statements; actual results may differ materially. Risk factors: https://t.co/zkVF2SzM0Y
@xrp_seer Legitimately wondering and asking question to understand - why do you think $XRPN would go down? It’s at $16.57 at the time of me writing this.
@xrp_seer Apologies, should have clarified.Yes - Evernorth.
I guess that Evernorth sells
shares and then makes a weekly(ish) post similar MSTR that they are buying XRP that week and list the allocation amount.
The true unlock is when Evernorth starts putting their XRP to work and report.
If $XRP changes my life, I’ll give God the glory, take care of my family, stay humble, and never forget the Uber rides that got me here.
Wealth means nothing if you lose yourself along the way.
Brazil's central securities depository CSD BR, with over BRL 22 trillion in registered assets, will mirror BTG Pactual fund shares on the XRP Ledger. It will be the first CSD to mirror ownership records on a public blockchain.
@Ripple