XRP News

XRP is a digital asset created by Ripple Labs in 2012, designed to facilitate fast, low-cost cross-border payments and serve as a bridge currency between traditional fiat currencies. Unlike Bitcoin's proof-of-work consensus, XRP operates on the XRP Ledger, a decentralized blockchain that uses a unique consensus protocol to validate transactions in seconds rather than minutes.

The XRP ecosystem centers around financial institutions, payment providers, and banks seeking to modernize their cross-border payment infrastructure. Ripple's On-Demand Liquidity service leverages XRP to eliminate the need for pre-funded nostro accounts, while independent developers continue building applications on the XRP Ledger's native decentralized exchange and smart contract capabilities.

At CoinDesk, we provide comprehensive coverage of XRP news, from regulatory developments and institutional adoption to technological upgrades and market analysis. Our reporters track the ongoing legal proceedings between Ripple and the SEC, partnerships with global financial institutions, and the broader implications for cryptocurrency regulation.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Finance

International Chauffeur Service Webus Plans $300M Raise for XRP Strategic Reserve

The China-based company says it aims to integrate XRP payments into its global chauffeur network.

By Shaurya MalwaMay 30, 2025

U.S. dollar (Unsplash, modified by CoinDesk)

Markets

Solana's 18 Month Long Bull Run Against Ether Is Over; XRP Ends Mini-Uptrend

The SOL/ETH ratio signals an end of a prolonged uptrend and ether outperformance ahead.

By Omkar GodboleMay 29, 2025

Screenshot of a candle chart going down. (Maxim Hopman/Unsplash)

Markets

XRP Army Is Truly Global As CME Data Reveals Nearly Half of XRP Futures Trading Occurs in Non-U.S. Hours

Futures registered a trading volume of $86.6 million in the first six trading days.

By Omkar GodboleMay 29, 2025

CME's XRP futures reveal the token's global appeal. (Alexas_Fotos/Pixabay)

Markets

Ether Only Crypto Major in Green, XRP Muted After Mammoth Treasury Plans

Crypto traders say the market is in a “Goldilocks zone,” with recent macro shifts — like softer yields and corporate crypto treasuries — yet to fully ripple through asset prices.

By Shaurya MalwaMay 29, 2025

Markets

VivoPower Raises $121M to Launch XRP Treasury Strategy With Saudi Royal Backing

The Nasdaq-listed energy firm aims to be the first public company with XRP focus, with ex-SBI Ripple Asia executive joining as chairman of the advisory board.

By Krisztian SandorMay 28, 2025

Nasdaq futures chalks out golden cross. (Flickr)

Videos

$2B XRP in Dormant Wallets Eyes DeFi Boom, ETF Hopes

XRP is trading bullishly above its 200-day simple moving average, driven by social media hype around XRPFi’s DeFi potential with over $2 billion in dormant wallets and the SEC’s review of WisdomTree’s proposed spot XRP ETF, the first of its kind in the U.S. CoinDesk’s Christine Lee hosts “CoinDesk Daily.”

May 28, 2025