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Tag: stablecoin
XRP surged 8% in a day, and the logic of crypto investment is being reshaped: JA Mining builds a dual profit model of “fixed...
London, UK, July 11, 2025 (GLOBE NEWSWIRE) -- As the Ripple ecosystem continues to expand, XRP has become one of the strongest performing crypto assets in the past 24 hours, with prices reaching $2.64 at one point, a daily increase of more than 8%, and trading volume exceeding $7.8 billion, setting a new daily high in nearly three months. The rise was driven by two good news: first, Ripple and BNY Mellon established a custody partnership for the stablecoin RLUSD; second, the market heard that XRP is expected to be included in an upcoming blue-chip crypto ETF, triggering accelerated capital inflows.
Ripple partners with Bank of New York Mellon, XRP soars – LET Mining launches new cloud mining strategy for XRP holders
New York City, July 10, 2025 (GLOBE NEWSWIRE) -- Ripple has established a partnership with the oldest bank on Wall Street, and BNY Mellon has become the custodian of RLUSD, which will take Ripple's stablecoin strategy to the next level and herald its long-term commitment to infrastructure construction. With the announcement of this strategic cooperation, the price of XRP soared rapidly, breaking through $2.46 at one point, and its market value jumped to the third largest cryptocurrency in the world.
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