XRPL Proposes Amendments for Confidential Transfers Impacting RLUSD
XRPL has proposed six amendments, including Confidential Transfers for token balance encryption. Requiring 80% validator support, these could increase institutional use of RLUSD, 61% of XRPL's tokenized RWAs.
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Ripple Vote Puts XRPL 3.3.0 Upgrade On Path To Mainnet
Ripple has voted in favor of the fixCleanup3_3_0 amendment on the XRP Ledger, pushing the XRPL 3.3.0 upgrade closer to mainnet activation as validator support begins to build.
Schwab's crypto research director says the XRP Ledger is becoming a stablecoin network
Charles Schwab's Jim Ferraioli says the XRP Ledger is shifting from a payments network to a stablecoin hub, as Ripple's $RLUSD supply on XRPL overtakes Ethereum.
XRP holders can now borrow RLUSD on Ethereum without selling
Flare's FXRP has been approved as collateral in Sentora's RLUSD vault on Morpho, giving XRP holders a way to access Ethereum-based lending without giving up their XRP exposure.
Ripple Adds 15M RLUSD And Then Burns 10M
Ripple minted 15 million RLUSD on Ethereum and burned 10 million hours later on July 30, as the XRP Ledger continues to hold the largest share of RLUSD circulation at around $873 million.
Ripple's RLUSD Lands On South Korea's Upbit And Bithumb
Ripple's RLUSD stablecoin is now listed on all four of South Korea's largest crypto exchanges, including Upbit and Bithumb, with direct KRW trading pairs available to retail traders.