XRPL

The post Ripple To Enhance Programmability On XRPL Through 2 Key Developments appeared first on Coinpedia Fintech News Ripple in a statement release has disclosed that there will be enhanced programmability on the XRP Ledger through two key developments: the introduction of native smart contract capabilities on the XRP Ledger Mainnet, which is currently in the research phase, as well as the introduction of the XRPL EVM Sidechain, which is expected to go live in the coming months.  These advancements…

The post Ripple News: Major Partnerships in Japan and South Korea Strengthen XRPL appeared first on Coinpedia Fintech News Ripple is making headlines this week with several key announcements to strengthen blockchain infrastructure and support institutional adoption. These developments highlight Ripple’s commitment to blockchain technology. Here’s a quick roundup of their latest announcements! New Partnership with Futureverse Ripple has partnered with Futureverse, an AI and metaverse tech company, to provide secure asset custody through Ripple Custody. Futureverse is leveraging the…

The post Attention XRPL Developers! Ripple Makes Key Announcement appeared first on Coinpedia Fintech News Ripple has made a key announcement for XRP Ledger (XRPL) developers through a tweet on X. RippleX has announced plans for a testnet reset, which is scheduled for August 19, 2024, at 3 a.m. EST.  RippleX’s Key Announcement For XRPL Developers! Ripple operates the testnet and devnet to allow the community to test new features and integrations without risking actual money. The test networks are…

Ripple’s XRPL Japan and Korea Fund is now open for applications, supporting blockchain innovation and community growth. Partnerships with top-tier businesses in Korea and Japan will drive XRPL integration across industries. Ripple has announced that the XRPL Japan and Korea Fund is now open for applications from corporations, developers, and XRPL community members. This project, which Ripple first made public on June 11, 2024, aims to support a wide range of endeavors, from business partnerships and startup investments to developer…

The post Ripple Unveils RLUSD: A New Stablecoin on XRPL and Ethereum appeared first on Coinpedia Fintech News Ripple has officially introduced its upcoming stablecoin, which will be named Ripple USD (RLUSD), a significant milestone in its strategic expansion. This announcement comes following enthusiastic speculation and teases from the crypto community. RLUSD is supported 1:1 by U.S. dollars, and aims to provide its users a stable as well as a transparent store of value. This stablecoin shall be available on…

The post Ripple Unveils XRPL EVM Sidechain to Enhance Interoperability With Ethereum Ecosystem  appeared first on Coinpedia Fintech News Ripple Labs, a leading blockchain payments company using XRP as the native digital asset, has launched a new product dubbed XRPL EVM Sidechain. The XRPL EVM Sidechain will introduce Ethereum Virtual Machine (EVM) compatibility with the XRP Ledger (XRPL).  According to the announcement, the XRPL EVM Sidechain will enable decentralized financial (DeFi) developers to build next-generation Web3 applications. Notably, the XRPL…

Ripple plans to release Oracles in Q2 2024, positioning itself as a strong competitor to Chainlink in the oracle space. The introduction of these Oracles could potentially drive XRP prices to new all-time highs. In line with the recent update from CNF, Ripple is taking a significant lead in integrating real-world assets (RWAs), with XRP prices outpacing Chainlink. This positions Ripple as a pivotal platform for the trillion-dollar RWA tokenization market. Blockchain expert Collin Brown highlighted in a recent tweet…

XRPL’s user demand and revenue surged in Q1 2024, despite a decline in new addresses. A well-known XRP whale dumped 50 million coins, impacting market performance. A recent Messari analysis states that the XRP Ledger (XRPL) saw a notable increase in quarterly user demand between January and March. In the study, “State of XRP Ledger Q1 2024,” XRPL’s quarterly income increased significantly and hit a yearly high during the course of the ninety days. Among the main conclusions was the…

Ripple released its Q1 2024 report this weekend, showing huge growth with a surging trading volume and on-chain transaction activity. The launch of the AMM positions Ripple as a major contender in the DeFi market, joining Uniswap and PancakeSwap Ripple, the American fintech company behind the cryptocurrency Ripple just released the highly anticipated Q1 2024 earnings. The report exhibits outstanding growth for both XRP  and the XR Ledger (XRPL). According to the report, XRP spot trading funds saw a 40%…