XRPL Update 📰
XRP Ledger's Batch amendment (XLS-56), backed by over 85% of validators, is set to activate Oct 9, letting up to 8 transactions settle atomically.
Great news for the $XRP community 👏
Ripple is dropping our cross appeal, and the SEC is expected to drop their appeal, as they’ve previously said. We’re closing this chapter once and for all, and focusing on what’s most important – building the Internet of Value. Lock in.
Today, Ripple announced it is acquiring Hidden Road for $1.25B– becoming the first crypto company to own and operate a global, multi-asset prime broker. Together, Ripple and Hidden Road are bringing the promise of digital assets to institutional customers at scale, bridging traditional finance and decentralized finance in ways never seen before.
https://t.co/dxNz6sG0JO
🚨JUST IN: @Ripple has agreed to drop its appeal against the @SECGov and pay $50M of the originally ordered $125M fine. The SEC will also ask Judge Torres to lift the ‘obey the law’ injunction she imposed on Ripple in addition to the fine.
Once all of this has been voted on by the Commission, and the court documents are in order, the @SECGov vs. @Ripple case will be over once and for all.
Congrats to @Vet_X0 and @_tequ_ on their hard work on XLS-46d (Dynamic NFTs)! The PR was just merged into rippled and will be included in the next release.
Digital Pound Foundation member, @Ripple, has achieved a significant milestone with its #RLUSD#stablecoin receiving approval from the New York Department of Financial Services (#NYDFS), as confirmed by CEO @bgarlinghouse yesterday The approval paves the way for the stablecoin’s listings on partner exchanges, which Ripple plans to roll out imminently. Read more 👉 https://t.co/aOmtAH1Qhm
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#Ripple #XRP #XRLP #Crypto #Cryptocurrency #Blockchain #DLT
Today, in partnership with @ArchaxEx and @abrdn_plc, we’re excited to announce the first tokenized money market fund on the XRP Ledger.
With $16T in tokenized assets projected by 2030, this milestone unlocks cost savings and settlement efficiencies by deploying capital markets infrastructure on the #XRPL.
https://t.co/bgWi3jY5go
This proposal by @intelliot is one of the most exciting ones. I have been talking about passkeys and native wallet abstraction solutions for a long time. In the end, it's all about making the life of end users easier. This is what leads to mass adoption.
https://t.co/l9O0DODm5A
New Vault & Lending Protocol updates on the #XRPL
▶️ XLS-65d - Single Asset Vault (SAV): We’ve simplified the design so the Vault now holds assets directly, cutting out two unnecessary transactions for a more efficient experience.
▶️ XLS-66d - Lending Protocol: Updated to align with the new Vault changes, eliminating the need for separate deposit and redeem steps—streamlining the process even further!
▶️ Compliance-First: Both the Vault and Lending Protocol updates address Clawback and Freezing requirements, making them simpler and easier to use. Check out the improved specs ⬇️
Vault: https://t.co/bYY2dWevBW
Lending Protocol: https://t.co/GAhosYfHd0
📢 Spec announcement! I’ve just published two new XRPL specs focused around permissioning and compliance.
Read the specs to learn more! 🚀
https://t.co/ycb4jyGamt
https://t.co/WU68dvQCLF