Zach Rector, a prominent member of the Ripple community, identified three significant events that may potentially increase the price of XRP. Given the Ripple community’s eagerness to see a price surge, Rector’s observations have sparked a debate within the community. Rector’s first argument centers around the ongoing lawsuit between Ripple and the US Securities and […]
ODL
Ripple’s XRP Sales To ODL Customers Challenge SEC’s Classification As Investment Contracts
In a recent Twitter thread, attorney Bill Morgan shed light on a significant challenge faced by the U.S. Securities and Exchange Commission (SEC) in its ongoing case against Ripple. According to Morgan, the SEC’s argument that all XRP tokens represent Ripple’s investment contracts is undermined by the “small subset” of sales to On-Demand Liquidity (ODL) customers. Morgan […]
XRP’s Removal From Ripple’s Liquidity Hub Was “Good Business Or Betrayal?”
There has been a longstanding debate on XRP use in Ripple’s new Liquidity Hub. Attorney John E. Deaton, a vocal supporter of the token, recently sought a debate on whether Ripple’s choice to remove the asset was wise business or a betrayal. In response to that, a senior community software engineer at the blockchain firm […]
Ripple’s XRP-Powered ODL Scores Twin Entries In These European Nations
Ripple’s On-Demand Liquidity [ODL], which is powered by XRP has teamed up with Lemonway, a payment service with headquarters in Paris, to “improve its treasury payments operations,” according to an announcement made by the company. The blockchain payment firm also announced a second new ODL customer, it’s first in Sweden. Swedish money transfer provider Xbaht enables money […]
Ripple Hosts Japanese Mayor To Boost Web3 Adoption
A top exec at Ripple, Emi Yoshikawa, welcomed the mayor of Japan’s Fukuoka city, Soichiro Takashima, to the blockchain firm’s headquarters along with a picture in the tweet saying, “We welcomed Fukuoka City Mayor Soichiro Takashima and his team at Ripple HQ today! Fukuoka is a leading city in web3 initiatives in Japan. Today, Mayor […]
Ripple Partner Firm Releases Columbia’s Historic Land Registry On XRPL
In a significant move, Ripple partner Peersyst Technology has successfully produced the first version of the National Land Registry to list the first adjudication resolution in Colombia on the XRP ledger. Back in July, the Barcelona-based software development firm signed a deal with the Government of Colombia to record and register land registry rights in […]
Ripple Partners With FOMO Pay To Bolster XRP-Powered ODL In Singapore
Ripple has forged a collaboration with Singapore-based major payments institution FOMO Pay, to boost cross-border treasury flows using XRP powered On-Demand Liquidity [ODL] initiative and achieve affordable and instant settlement in EUR and USD globally. The partnership will enable FOMO Pay to get 24/7 access to liquidity for EUR and USD, and makes it easy for […]
Ripple ventures into Japan with its ODL service
Ripple made immense news this year, particularly due to its tiff with the Securities and Exchange Commission [SEC]. This did not hold back the platform from doing business. Ripple was seen expanding and Japan seemed to be its latest venture. The SEC blatantly accused Ripple of selling unregistered securities. While none of the parties involved […]
Ripple’s ODL Customers Can Now Seek Loans In XRP
Ripple has undoubtedly been making headway in terms of global expansion and making partnerships. The payment protocol has been rolling out several platforms to boost its presence in the crypto-verse while benefitting the community. In more recent updates, Ripple announced the launch of its latest venture. Loans In XRP Giving a twist to the traditional […]
Ripple Informs Customers About Cloud Capabilities as COVID-19 Continues to Wreak Havoc
The ongoing coronavirus pandemic has brought several industries and sectors to their knees, with workers being laid off at an alarming rate. Despite the flood of capital from world governments, it has become painfully clear that we need to come up with new ideas to sustain the economy in the future. Ripple has recently taken […]