Ripple’s third annual report dubbed ‘Blockchain in Payments’ has shown encouraging growth of XRP digital asset adoption and the entire blockchain industry.
Ken’s idea to receive his salary on XRP over Japanese Yen will give him some added market advantage over time.
About 47.6% of the Ripple community members who participated in the poll said that they are ‘Extremely Likely’ to recommend the XRP coin to their family and friends.
According to Schwartz, project founders are not bound to have complete faith in their abilities and ideas. He indicated that by not having complete faith, they can make better decisions.
RippleNet customers using the on-demand liquidity (ODL) feature can ask for a Line-of-Credit by purchasing XRP from Ripple on a credit basis. This helps to instantly source capital required by businesses to grow their businesses at scale.
Ripple is considering leaving the U.S. and opting for Asia or Europe instead because of the unfavorable regulatory climate caused by U.S. regulators.
In the ruling, Judge Hamilton agreed that the lead plaintiff Bradley Sostack had failed to support two claims relating to a series of allegedly fraudulent statements made by Ripple and Garlinghouse in 2017.
At the time of writing, XRP was trading around $0.248 having jumped approximately 6.3% in the past 24 hours.
The patent presents interesting use cases for data transactions between the Ripple ecosystem with the outside world. It also provides a new opportunity for Ripple to develop interesting smart contract apps for tangible and as intangible assets.
XRP Ledger’s sustainable nature is expected to propel XRP transactions to escalate by nearly 1,000% by 2025, according to independent researchers’ predictions.
As global central banks work to implement their own CBDCs, Ripple through RippleNet and XRP is eyeing to connect different global CBDCs.
On Friday, September 11th, XRP keeps trying to escape a narrow sideways channel but the attempts are not quite successful. The cryptocurrency is generally trading at $0.2413 USD.
Clear regulations together with the existing advantages of using XRP to send money from one point to another make the project be in a better position to take the crypto industry through the next mile.
After lengthy falling, on Friday, September 4th, XRP price started to restore but now the coin is trading near $0.2500 USD.
According to the blockchain transaction details, Ripple moved 1 billion of XRP in three portions. One consisting of 200 million, another consisting of 300 million, and the third one of 500 million.