Societe Generale deploys euro stablecoin on XRP Ledger

#SGForge is launching its euro-backed #stablecoin , $EURCV, on the #XRPLedger $XRPL. Initially launched last year, #EURCV is already available on #Ethereum and #Solana, and will now expand to #XRPL in 2024, leveraging #Ripple Custody solutions.

#XRP Is Undervalued It Should Be At A High Price To Handle The Upcoming "50 Trillion Dollars" On #XRPLedger #Write2Earn #TrendingTopic $XRP

🔊🔊🔊While CEO Brad Garlinghouse discusses stablecoins at the Paris Blockchain Week, #Ripple takes on the $0.60 barrier

Thursday sees #XRP price breaking above $0.60 barrier, continuing altcoin's roughly 5% gain from Monday's $0.58 low.

At the Paris Blockchain Week, Ripple CEO Brad Garlinghouse talks about the company's intentions for a stablecoin and the liquidity of #XRPLedger .

Garlinghouse predicts that exchange-traded funds (ETFs) will emerge, however that the US market may be slow to adopt them.

At Paris Blockchain Week, Ripple's CEO discussed XRPLedger, the USD-backed stablecoin, and US Exchange Traded Funds (ETFs). An increase of roughly 5% has been seen in the price of XRP this week. On Thursday, the cryptocurrency reversed its $0.60 barrier and extended advances.

A representative from Ripple discussed the company's plans for the future of stablecoin market capitalization and the function of USD-backed stablecoins such as USD Tether (USDT) and Circle's USD Coin (USDC).

A stablecoin, according to Garlinghouse, will increase the XRPLedger's liquidity.

By reversing resistance at $0.60, $XRP has extended its gains, according to technical analysis.

On Thursday, Ripple changed the $0.60 level, which is psychologically significant, from resistance to support. At the time of writing, the price of XRP has risen from Monday's low of $0.58 to $0.61, an increase of about 5%. The cryptocurrency is now moving in an upward trending channel, with the $0.6265 high from April 8th and the $0.6336 high from April 1st serving as important resistances on the way to the $0.6431 high on April 9th.

The Awesome Oscillator (AO) green bars lend credence to the idea that the price of XRP will rise.

The positive thesis might be thrown out if the daily candlestick closes below the $0.6123 bottom barrier of the ascending channel. At $0.6027, the 50% Fibonacci retracement level of the rise to the local peak of $0.6265 on April 8, XRP price should find support. After that, in March and April of 2024, $0.5851 acted as support.

#XRPLedger Network records 390% growth in decentralized trading volume in Q3.

_In a recent report issued by the analytics company specializing in #blockchain technology, #Messari , the performance of the XRP Ledger network during the third quarter of 2023 was highlighted, under the title “The State of the #XRPLedgerQ32023 .” The report reveals a significant growth in the decentralized trading volume on the XRP Ledger (XRPL) by 390% during the third quarter of the year, as activity particularly increased following the positive ruling in favor of Ripple in July.

$XRP

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Ripple announces the launch of the new token standard on XRP Ledger

#Ripple will launch a new token standard on the #XRPLedger this month. A new standard called "multi-purpose tokens" (MPTs) and designed for real-world assets, enabling the storage of metadata directly with the asset. This innovation will enhance the scalability and flexibility of XRP Ledger, making it more suitable for institutional use cases and lowering the barrier to entry for organizations.

XRP Ledger is an open-source, public and decentralized #Layer1 blockchain led by a global developer community.

👉 thecryptobasic.com/2024/09/02/ripple-launching-new-token-standard-on-xrp-ledger/#:~:text=Ripple%20is%20set%20to%20launch,purpose%20tokens

Awesome news, right? #BreakingNews : Another competitor for stablecoins! Ripple is gearing up to launch its own USD-backed stablecoin, aiming to take on USDT and USDC. It'll be fully backed by US dollar deposits, short-term US Treasury bonds, and other cash equivalents. $XRP

Here's the deal:
📌 The stablecoin market is booming: around $150 billion today, projected to surpass $2.8 trillion by 2028. There's a clear demand for trust, stability, and utility.
📌 That's why later this year we're rolling out a stablecoin pegged 1:1 to the USD on the XRP Ledger and Ethereum.
📌 This move broadens Ripple's reach both in institutional and DeFi realms, diversifying use cases and enhancing our payment infrastructure to bridge traditional and decentralized finance worlds.
📌 Ripple's stablecoin will be fully backed by US dollar deposits, US government bonds, and cash equivalents, with Ripple committed to transparency through monthly third-party attestations, ensuring trust and reliability.
📌 Stablecoins serve as a crucial entry point into DeFi, and introducing a reliable enterprise-level stablecoin on the #XRPLedger will generate more use cases, liquidity, and opportunities for developers and users alike.
📌 At the same time, we know the future of cryptocurrencies is multichain: launching this stablecoin on both #XRPledger and Ethereum opens doors to cross-chain interoperability.

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Navigating #XRPL Development: Unveiling Testing Strategies a Detailed Thread 🧵

1:The Crucial Role of Testing
2:Deciphering Unit Tests
3:Defining Unit Tests
4:Utilizing XRPL's Unit Testing Framework
5:Integration Testing
6:Testing in Real-World Use Cases

#XRPLedger #XRP

Introduction to XRPL and Testing 🚀 Exploring the world of #XRPL, the backbone of digital payment solutions. Join me on a journey through the importance of testing in XRPL development and how it shapes seamless transactions and interactions. Let's dive in! #Blockchain #Testing

The Crucial Role of Testing in XRPL Development ⚙️ Testing is the unsung hero of XRPL's success. Delve into the vital role it plays in ensuring smooth operations, mitigating risks, and maintaining the integrity of transactions. Let's explore the testing journey together!

To understand the above concept we need to know Why Testing Matters Imagine building a complex puzzle. Each piece, no matter how small, contributes to the final masterpiece. Similarly, in XRPL development, testing ensures every component fits perfectly, creating a robust system.

💡 XRPL's Framework: XRPL's unit testing framework provides developers with a toolkit to assess components in a controlled environment. It's like an XRPL-specific laboratory where developers meticulously test and fine-tune their creations

🧩 Benefits of Isolation: By testing each part independently, unit testing unveils potential glitches early on. This approach enhances code quality, accelerates debugging, and minimizes ripple effects of changes on the larger system

🌐 End-to-End Testing: Navigating the XRPL Ecosystem 🌍 Step into XRPL's real-world environment and experience end-to-end testing. From payment workflows to security considerations, we'll dive deep into XRPL's testing landscape. Ready to explore? #EndToEndTesting #Write2Earn

🔒 Ensuring Security and Reliability in XRPL Testing 🛡️ Security is paramount in XRPL's testing landscape. Unveil XRPL-specific security practices and best practices to safeguard transactions and data $XRP

🚨 JUST IN: $XRP Futures Contract Filed Under CFTC! 💥🇺🇸

🔔 Breaking News: Bitnomial Exchange has announced the listing of XRP-US Dollar Futures (XUS) under CFTC regulations! 🤯

🛑 Key Details:

- Regulatory Approval:
- The futures contract has been officially filed with the Commodity Futures Trading Commission (CFTC).

- Trade Date:
- August 13, 2024 📅 will mark the start of trading for XRP futures on Bitnomial.

🌟Why This Matters:

- Massive Progress:
- This move is a huge step forward in the path towards an XRP ETF launching in the USA. 📈

- Ripple Effect:
- The introduction of XRP futures under CFTC oversight could pave the way for more regulated XRP products in the US market, including a potential XRP ETF. 💼

💭 What's Next?

- Will We See an XRP ETF Filed in 2024? 🤔💭
- The crypto community is buzzing with speculation about whether this development will lead to an official XRP ETF in the near future.

👇 Comment Below & Follow for More Updates!!
#XRPETF #Ripple #XRPLedger #Crypto

📈 On the final day of 2023, the XRP Ledger saw a record-breaking daily transaction count of 6.93 million, as reported by CryptoBasic. XRP is currently trading at $0.6211, reflecting a 0.09% increase on CoinMarketCap. 📊🚀 #XRPLedger #CryptoTransactions

XRP is giant sleeping Project.

Market cap should be $300billion

Globally Transaction System ( Instant )

#xrp #XRPLedger

$XRP XRP is a cryptocurrency used to facilitate cross-border payments quickly and cheaply. XRP is the native token of the XRP Ledger, an open-source, decentralized payment network that operates on a consensus mechanism.

XRP was created with a fixed amount of 100 billion units, of which about 46.5 billion are in circulation. The price of XRP today is 0.656134 US$ with a market capitalization of 35,217,041,234 US$. XRP can be bought and sold on various cryptocurrency exchanges, such as Binance, DigiFinex, and Coinbase.

XRP aims to improve the efficiency and security of traditional payment systems, offering a faster and cheaper alternative to international bank transfers.

#XRP #XRPLedger #CoinMarketCap

Exciting News for #XRPLedger Users! 🚀

$XRPL Snap is launched for #MetaMask 🦊! Now, 30 million active users of #MetaMask are just one click away from creating accounts on the $XRP Ledger and managing $XRP like never before! 💥

🔗 Seamless integration with all XRPL Mainnet 🟢 and Testnet
🟠 features, allowing any #dApp to connect and sign transactions in the most widely used crypto wallet!

💎 Early Adopters Campaign with 10,000 $XRP in prizes!

XRP Ledger implements key updates ahead of RLUSD launch

The #XRPLedger (XRPL) has announced the deployment of two significant updates as it prepares for the upcoming launch of the #Ripple stablecoin, #RLUSD . The recent amendments are now live on the mainnet. The amendments are aimed at transaction handling enhancement and improving overall functionality.

It's totally OK if you think I'm crazy but the 589 in $XRP is not just a figment of my imagination. It is the logical goal of an A,B,C,D movement.

#XRPHolders #XRPcommunity #XRPLedger #Ripple #RLUSD