XRP News: Ripple Lands Kansas Jayhawks Jersey Patch Deal in NCAA

The post Cathie Wood Warns Ripple-Backed OUSD May Not Challenge USDT, USDC appeared on BitcoinEthereumNews.com. Cathie Wood has said Ripple-backed OpenUSD may struggle to challenge USDT and USDC, even with major corporate names behind it, because stablecoin markets depend on liquidity, trust, collateral use, and daily platform integration. ARK Says Stablecoin Moats Are Built on Use According to the ARK Invest CEO, stablecoins are like the monetary networks that evolve with increasing adoption by user bases, exchanges, wallets, and payment companies. She added that USDT and USDC have already established robust network effects in the crypto trading and payments space and DeFi. In a research note, ARK Invest Director of Digital Assets Lorenzo Valente suggested that OUSD’s odds of supplanting the two biggest stablecoins are low. In his blog post “Why USDT and USDC are harder to kill than crypto Twitter thinks”, Valente also cautioned that many market participants may be overly optimistic a

The post XRP Keeps Plunging Against Bitcoin appeared on BitcoinEthereumNews.com. The XRP/BTC meltdown  Good news fails to boost XRP  The Ripple-linked XRP token continues its multi-month slide against Bitcoin (BTC), according to the recent market data.  In fact, it is currently on the verge of securing its lowest close against the leading cryptocurrency since the beginning of the year.  The XRP/BTC meltdown  After a brief period of consolidation and a minor relief rally in June, the pair has completely rolled over in early July, breaking down toward multi-month lows. XRP Keeps Plunging Against Bitcoin $560 Million Record: CashCat Coin Takes Over Robinhood; Hyperliquid Joins XRP in Bitwise 10 Crypto Index; 105,742,020% in Bitcoin: Satoshi-Era Whale Awakens – Morning Crypto Report The pair currently hovers at 0.00001735 BTC. It is precariously near its lowest levels of the year.  XRP/BTC via TradingView XRP has shed 53% of its value over the past year in USD terms, a weakness that is mag

The post XRP Futures Open Interest on Binance Falls to Three-Month Low at 397M appeared on BitcoinEthereumNews.com. XRP News XRP futures open interest on Binance has fallen to roughly 397 million XRP, its lowest reading in more than three months, as the token changes hands near $1.09. Derivatives open-interest data shows the contraction reflects deleveraging, with traders trimming or closing leveraged positions rather than adding fresh exposure. Falling open interest alongside soft prices typically signals a cooling appetite for leveraged bets on the altcoin. Analysts frame the move as a slowdown in derivatives activity rather than an outright bearish verdict, describing the phase as repositioning while participants wait for a clearer directional signal across the XRP market. While the derivatives picture cools, spot metrics tell a contrasting story. On-chain data shows the XRP Binance scarcity index has climbed to 0.77, its highest level in more than two years. The gauge measures how

The post XRP AI-Agent Payments Jump 77% on the XRP Ledger appeared on BitcoinEthereumNews.com. XRP News Autonomous AI agents on the XRP Ledger sharply increased their use of XRP over the past 24 hours, with payments settled between bots in the native token climbing 77%, according to on-chain data. Over the same window, turnover of Ripple’s dollar stablecoin, RLUSD, fell 32%, signaling that automated systems rotated their operational settlements away from the digital dollar and into XRP. The shift is playing out across the network’s growing machine-to-machine economy, where software agents pay one another for data and compute. On-chain metrics indicate the agents favored XRP during peak activity, treating RLUSD as a passive reserve rather than an active settlement rail. Much of that rotation traced back to a single protocol, ClawBank, whose 67 connected services processed 7,630 transactions in one day, on-chain data shows. The daily burst is striking: before it, the project had recorded

The post XRP price rises as SWIFT taps Ripple-linked banks for blockchain payments appeared on BitcoinEthereumNews.com. XRP price has climbed about 1.6% after SWIFT announced a blockchain payments pilot involving 17 banks, including several with Ripple ties. Summary XRP gained around 1.6% after SWIFT launched a blockchain payments pilot involving Ripple-linked banks. Spot XRP ETFs recorded $7.29 million in outflows, the largest daily withdrawal since March 2026. Technical indicators and derivatives data suggest sellers still hold the upper hand despite the rebound. According to SWIFT, the pilot will evaluate whether distributed ledger technology can support international payments across participating financial institutions. Among the banks involved are Standard Chartered and UBS, both of which have existing business ties with Ripple through crypto custody services or cross-border payment infrastructure built on the XRP Ledger. The announcement follows Ripple Treasury’s entry into the S

XRP price has climbed about 1.6% after SWIFT announced a blockchain payments pilot involving 17 banks, including several with Ripple ties. According to SWIFT, the pilot will evaluate whether distributed ledger technology can support international payments across participating financial institutions.…

The post XRP Price as SWIFT Taps Ripple-Affiliated Banks For Tokenized Cross-Border Payments appeared on BitcoinEthereumNews.com. XRP price is up by 1.6% today, July 9, to trade at $1.09 at the time of writing. These gains come as SWIFT announces that it will be working with 17 banks, some of which are affiliated with Ripple, for a pilot phase for its blockchain-based ledger. SWIFT Partners With Banks For Tokenized Cross-Border Payments SWIFT has announced that it will be working with 17 banks to check whether its blockchain can be used to facilitate payments made between countries. Some of the banks named in this project, like Standard Chartered and UBS, use Ripple to custody crypto assets or to enable payments across countries using the XRP Ledger. This initiative comes after Ripple Treasury joined the SWIFT Certified Partner Program in April 2026. However, an analyst on X notes that Ripple’s partnership with SWIFT might not be bullish for the price of XRP because SWIFT will not use

Manchester United's crypto ventures highlight football's evolving financial strategies, intertwining sports with digital asset market dynamics. The post Manchester United signs Karl Darlow, a reminder that football clubs are quietly building crypto infrastructure appeared first on Crypto Briefing.