New data shows the SEC reduced crypto enforcement actions by nearly 60% during the Trump administration, easing scrutiny on firms like Ripple and Binance. The agency maintains the shift was not politically motivated.
Ripple is piloting $1.3 billion of RLUSD stablecoin across Optimism, Base, Ink and Unichain using the Wormhole bridge and plans further chain rollouts next year pending regulatory sign-off.
XRP failed to clear the $2 resistance for the third time, marking a potential near-term inflection despite continued institutional progress. The token’s price is showing little correlation with the broader market’s recent recovery.
Korean investors are piling into a $300M private Ripple equity fund as regulators reopen the crypto market, signaling renewed appetite for blockchain assets. The move underscores growing local demand for exposure to Ripple and XRP-linked opportunities.
Ripple received conditional OCC approval to form Ripple National Trust Bank, a move CEO Brad Garlinghouse called “huge news.” He also criticized the banking lobby for resisting crypto-specific charters.
The OCC has granted conditional approvals allowing Paxos, Fidelity, Ripple, BitGo and Circle to operate as national trust banks under federal oversight. The move could bolster custody, stablecoin and settlement services as each firm completes OCC conditions.
Ripple has completed its acquisition of stablecoin startup Rail and plans to fold Rail's issuance and custody tech into RippleNet. The move aims to deepen stablecoin liquidity and improve fiat-crypto rails tied to XRP and partner networks.
A report claims Amazon has struck a $5 billion agreement to use Ripple’s XRP Ledger for global derivatives settlement. If true, the move would mark a major enterprise bet on crypto rails to service an estimated $600 trillion market.
In November, Wall Street investors put $500 million into Ripple, lifting its valuation to $40 billion and marking a major institutional vote of confidence. The investment includes sell-back rights with predetermined returns and priority claims for investors in a sale or insolvency.