Tag: Ripple

Ripple expands headquarters in Dubai’s financial hub as regional demand accelerates

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Ripple has expanded its operations in the UAE by establishing a new Middle East and Africa headquarters in the Dubai International Financial Centre (DIFC), as it scales up to meet increasing demand for regulated blockchain payment services. The blockchain payments infrastructure company plans to double the size of its Middle East and Africa team out of the new DIFC office, aiming to keep pace with a region that now accounts for roughly 20% of the company’s global customer base. For a firm that first set up shop in Dubai in…

Ripple partners with Kbank to boost XRP institutional demand in South Korea

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Ripple’s partnership with Kbank, Korea’s first internet-only bank, to implement digital asset wallet infrastructure has pushed the XRP price market on Polymarket to 100% YES for XRP reaching $2.60 in April, up from 70% just 24 hours ago. The XRP price in April market’s April 29 sub-markets are locked at 100% YES. The jump from 70% to 100% in a single day followed the Kbank announcement directly, with traders pricing in increased institutional demand for XRP. USDC traded volume sits at $52,923 over the past 24 hours, with a face…

Ripple Tests RLUSD for Real Trade Settlements in MAS Sandbox

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Ripple’s role in Singapore’s BLOOM: A controlled step toward stablecoin integration Singapore has strengthened its position as a leading hub for tokenized finance through Project BLOOM (Borderless, Liquid, Open, Online, Multi-currency). This collaborative initiative brings together a group of traditional banks, fintech firms and stablecoin providers to evaluate how digital settlement assets can be integrated into existing financial infrastructure. A notable partnership in the pilot involves Ripple and supply chain specialist Unloq. Together, they are exploring automated trade settlements using Ripple’s upcoming stablecoin, RLUSD, on the XRP Ledger. While Ripple’s…

Ripple Teams with Korean Insurer for Blockchain-Based Bond Settlement

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Ripple has partnered with Kyobo Life Insurance, one of South Korea’s largest life insurers, to pilot blockchain-based settlement of government bonds, as Seoul moves to formalize rules for tokenized securities. Ripple Custody, Ripple’s digital asset custody solution, will support the issuance, storage and settlement of tokenized government bonds, the company said in a Wednesday announcement. The companies will also explore tokenized treasury settlement across Korea’s financial system. The project aims to replace traditional bond settlement processes, which often rely on multiple intermediaries and two-day settlement cycles, with onchain execution that…

Ava Labs CEO says banks love Ripple, then hits April Fools

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From Polygon to Polymarket, crypto communities have their own way of pulling off April Fool’s Day stunts. This year, Ava Labs CEO Emin Gün Sirer couldn’t resist giving Ripple a friendly jab. Banks are choosing Ripple. April Fools, obviously. They actually use Avalanche. — Emin Gün Sirer🔺⚔️ (@el33th4xor) April 1, 2026 The post racked up 585 likes and more than 50,000 views as of reporting. Its comment section exploded with hundreds of responses, many from Ripple’s community who came for the fastest bait-and-switch and stayed for the debate. April fools…

Ripple Brings Crypto Capabilities to Treasury Management Systems

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Ripple has added digital asset capabilities to its treasury management platform, allowing corporate finance teams to hold, track and manage cryptocurrencies and fiat balances within a single system, the company said. According to a company announcement, the update introduces Digital Asset Accounts and a unified dashboard that aggregates balances across bank accounts, custody providers and onchain wallets, giving treasury teams real-time visibility into both cash and digital assets. The system supports assets including XRP (XRP) and Ripple USD (RLUSD), with balances updated in real time and recorded alongside fiat transactions.…

Ripple Founder Pivots $1 Billion From XRP Fortune Into New Investment

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Jed McCaleb, the founder of Ripple and Stellar (XLM), has announced plans to redirect a whopping $1 billion from his XRP fortune into a new investment outside the cryptocurrency space. The crypto founder and Silicon Valley billionaire is now turning his focus toward Artificial General Intelligence (AGI), aiming to build an AI system based on the human brain.  Ripple Founder To Invest $1 Billion Into AI Research In an interview with Forbes, McCaleb disclosed plans to allocate approximately $1 billion from his estimated $3.9 billion in XRP holdings to fund…

Ripple joins Convera to streamline business payments with stablecoin rails

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Convera said Tuesday it is partnering with Ripple to roll out crypto-enabled payment and treasury services for businesses, marking another sign that stablecoins are moving deeper into mainstream cross-border finance. The collaboration combines Convera’s commercial payments and FX network with Ripple’s blockchain-based liquidity and settlement infrastructure. Convera says the offering is designed to help businesses move money faster and more reliably, especially in payment corridors where traditional rails remain slow or costly. The structure is built around the stablecoin sandwich model, where a payment starts in fiat, settles through a…

Ripple, SC Ventures back Keyrock as it hits unicorn status

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Brussels-based digital asset market maker Keyrock has reached a $1.1 billion valuation after securing series C funding led by SC Ventures, Standard Chartered Bank’s venture arm, alongside Ripple, according to a Tuesday statement. The investment will allow the company to scale its services, pursue acquisitions, and reinforce its position in institutional-grade digital asset markets. Keyrock CEO Kevin de Patoul said in a statement that the latest funding round reflects the company’s forward-looking strategy. Following the launch of Keyrock Asset & Wealth Management last year, the firm is now focused on…

Stablecoins Will Be Crypto’s “ChatGPT Moment,” Says Ripple

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Ripple CEO Brad Garlinghouse said stablecoins will be the crypto sector’s “ChatGPT moment” for businesses in search of faster, more efficient payments, and that many companies are already discussing and strategizing how to implement stablecoins into their operations. “You have boards of directors and CEOs of companies, whether it’s Fortune 500 or Fortune 2000, they’re asking their treasurers, they’re asking their CFOs, hey, what are we doing with stablecoins,” Garlinghouse told FOX Business on Friday. “Giving the treasurer and the CFO that option is the unlock,” he said.  Garlinghouse said…