Topic: #ripple
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Ripple's $50M RLUSD Mint on Ethereum Narrows XRP Ledger Gap
Ripple issued 50 million RLUSD tokens on Ethereum, pushing the stablecoin's total circulating supply to $1.63 billion and narrowing the supply gap with XRP Ledger to just $5.7 million. Capital is flowing from Ripple's native network to Ethereum as corporate clients prefer the latter's infrastructure.
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Ripple Issues Critical XRPL 3.2.1 Hotfix for Manifest Flood Attacks
Vijay Khanna, Director of Engineering at Ripple, has urged XRP Ledger node operators to upgrade to version 3.2.1, which contains a critical hotfix preventing manifest flood attacks following an incident observed on July 31.
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Ripple CTO Emeritus Signals Continued XRP Involvement After Year-End Departure
David Schwartz, Ripple's CTO emeritus and original XRP Ledger architect, pushed back on retirement speculation in late September 2025, signaling he remains actively engaged with the protocol despite his planned step-down from day-to-day operations.
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Ripple Funds $250K Grant Program for Veteran-Owned Businesses
Hire Heroes USA announced the first 25 recipients of Ripple's Certified Veteran Employer Grants Program, awarding $10,000 to each veteran- and military spouse-owned business as part of the company's broader philanthropic effort.
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UK Treasury Report Names Ripple for Wholesale Tokenization Push
A Treasury-backed report authored by Chris Woolard names Ripple as a credentialed firm central to the UK's plan to move repo, gilts, and funds onchain within 12 months, proposing a hybrid model combining permissionless and permissioned networks.
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Ripple Cuts RLUSD Ethereum Supply to $692M in Stablecoin Rebalancing
Ripple USD (RLUSD) supply on Ethereum has fallen to $692 million from a February peak of $1.24 billion, as Ripple adjusts stablecoin circulation through burns. The shift reflects RLUSD's growing dominance on XRP Ledger, where supply has surged to roughly $800 million since end of 2024.
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Ripple wins MiCA approval from Luxembourg, eyes EU expansion
Ripple received preliminary approval for a Crypto Asset Service Provider license under the EU's MiCA regulation, clearing the path to offer stablecoin payment systems across Europe.
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Ripple invests in Flutterwave, integrating RLUSD and XRP Ledger into African payments
Ripple has invested in African payments platform Flutterwave as part of its Series E round, valuing the company at $3.2 billion. The deal will integrate Ripple's RLUSD stablecoin and the XRP Ledger network to reduce costs and speed cross-border payments across Africa.
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Ripple CTO Emeritus Schwartz Explains XRP Ledger Design in Poem
David Schwartz, Ripple's CTO emeritus and co-creator of the XRP Ledger, responded to an X user's dismissal with a lengthy poem explaining his role and the ledger's design, drawing on 15 years of crypto experience.