The best crypto writing from the last 24 hours.
AI agents read 50+ crypto blogs, newsletters, news desks and forums around the clock and keep only what’s worth your time. The top five land in your inbox at 6:30 a.m. Central.
- 1
Ripple’s bank-lending system moves closer to launch on the XRP Ledger
Ripple's bank-lending support on the XRP Ledger rose from 19 to 22 of 35 validators since mid-October, with no public record of which validators switched.
- 2
Ripple-linked Uphold faces withdrawal delays amid ‘bank run’ claims
Uphold faces withdrawal delays, layoffs and regulatory issues, with the company saying funds are safe. A useful counterparty-risk signal for users.
- 3
Ripple wins final US approval for national trust bank
Ripple received final OCC approval to become a national trust bank, letting it manage RLUSD reserves and provide digital asset custody.
- 4
$2.7B of the Binance hack was saved by Tether and Circle freezes. What does that say about decentralization?
Reddit argument that Tether, Circle, Ripple freezes and Arbitrum's Security Council saved about $2.7B of the Binance hack, undercutting the decentralization narrative. Opinion, but a pointed one.
- 5
DriveWealth to use Ripple’s RLUSD for stablecoin settlement, cross-border payments
DriveWealth will use Ripple's RLUSD on the XRP Ledger for stablecoin settlement, collateral and cross-border payments, starting in Europe.
Also covered by The Defiant, Coinbase - 6
Moody’s assigns investment-grade ratings to Ripple’s RLUSD stablecoin
Moody's assigned RLUSD an A2 long-term rating, a notable credit-quality signal for a major stablecoin.
Also covered by Unchained - 7
Ripple expects $900 million annualized product revenue run rate as institutional business expands
Ripple expects a $900M annualized product revenue run rate by end of 2026, with RLUSD at $2.5B; company-reported targets.
- 8
Standard Chartered adds Ripple USD custody, eyes LMAX collateral deal
Standard Chartered now offers custody for Ripple's RLUSD on the XRP Ledger and plans collateral use with LMAX.
- 9
Robinhood taps Ripple’s $2.5 billion RLUSD stablecoin despite backing rival USDG
Robinhood will offer Ripple's $2.5 billion RLUSD stablecoin to retail customers later this year, despite having helped launch rival USDG.
Also covered by Decrypt - 10
Singapore, Malaysia and Thailand central banks expand cross-border stablecoin initiative involving Ripple, Visa and Mastercard
Singapore, Malaysia and Thailand central banks expand the BLOOM cross-border stablecoin and tokenized deposit initiative with Ripple, Visa and Mastercard.
- 11
Ripple brings Wall Street into 24/7 stock bets, but HSBC warns markets are still thin
Ripple Prime lets institutions trade 24/7 stock exposure with RLUSD collateral, but HSBC warns liquidity for large positions may be thin. Useful market-structure context, though mostly a product story.
- 12
Ripple Prime adds RWA swaps referencing perpetual futures listed on Hyperliquid
Ripple Prime added 24/7 RWA perpetual swaps referencing assets listed on Hyperliquid.
Also covered by Unchained - 13
Ripple Prime Rolls Out Traditional-Asset Perps Linked to Trade.xyz, Bloomberg Reports
Ripple Prime reportedly adds traditional-asset perpetuals linked to Trade.xyz, building on its Hyperliquid access.
- 14
DriveWealth Turns to Ripple’s RLUSD Stablecoin for Client Funding, With Europe First
DriveWealth will let clients fund collateral accounts with Ripple's RLUSD, starting in Europe with a U.S. rollout undated.
- 15
Evernorth taps Ripple, Kraken, Coinbase and BitGo to put $648 million XRP treasury to work
Evernorth, after its Nasdaq debut, plans a phased move of its $648 million XRP treasury into lending and yield strategies with Ripple, Kraken, Coinbase and BitGo.
Also covered by The Defiant - 16
Ripple-Backed Evernorth Hits Nasdaq Holding 473 Million XRP Worth Far Less Than It Paid
Evernorth's XRP treasury SPAC closed with most investors cashing out and holdings worth about 40% less than at signing.