Tag Archives: ripple

Ripple and Mastercard Test Secret Stablecoin System for Card Payments

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**Ripple and Mastercard Partner to Test RLUSD Stablecoin Payments for Real-Time Fiat Card Settlements**

Ripple has announced a new partnership with Mastercard, WebBank, and Gemini to test RLUSD stablecoin payments. This collaboration aims to leverage Ripple’s XRPL platform to process real-time fiat card settlements securely and efficiently. The trial will evaluate the potential of blockchain technology to support mainstream financial transactions.

### Ripple Partners with Mastercard for On-Chain Settlements

In this collaboration, Ripple will work with Mastercard and WebBank to enable on-chain settlements for fiat card payments. The test will assess how the RLUSD stablecoin performs within Mastercard’s extensive global payment network. Additionally, the trial will examine compliance and operational stability for regulated financial institutions involved.

Mastercard plans to integrate Ripple’s XRPL platform to manage the settlement layer of these payments, aiming to bridge blockchain efficiency with traditional financial systems. The companies expect this system to provide fast, transparent settlements to participating institutions.

Sherri Haymond, Global Head of Digital Commercialization at Mastercard, commented on the partnership’s goal:
“Through our partnerships with Ripple, Gemini, and WebBank, we’re using our global payments network to bring regulated, open-loop stablecoin payments into the financial mainstream.” She emphasized Mastercard’s belief that stablecoins can offer a secure and compliant transaction layer for banks and issuers.

### RLUSD Stablecoin Enters Regulated Payment Testing

Central to this pilot program is Ripple’s RLUSD stablecoin. The coin will facilitate settlements between Mastercard and WebBank, the issuer of the Gemini credit card involved in the trial. This initiative marks the first use of a regulated on-chain stablecoin for fiat settlement.

Currently, the RLUSD token has a total supply of $2 billion, with steady growth in the stablecoin market. Ripple envisions RLUSD as a reliable digital asset capable of supporting large-scale institutional transactions. The company highlights RLUSD’s controlled expansion as a reflection of its commitment to compliance and long-term stability.

Jason Lloyd, President and CEO of WebBank, emphasized the bank’s role in the project:
“Banks are uniquely positioned to bridge innovative blockchain technology with the stability of the traditional financial system.” WebBank will oversee settlement functions, ensuring regulatory oversight throughout the testing phase.

### XRPL to Demonstrate Institutional Settlement Capacity

The XRPL platform will power all transactions within this trial. Ripple originally developed XRPL to handle up to 1,500 transactions per second with minimal costs. Now, the system will be evaluated for its capacity to deliver institutional-grade payment efficiency.

Ripple President Monica Long stated that regulated stablecoins like RLUSD have the potential to enhance financial settlement systems. She added that Ripple’s goal is to expand XRPL’s presence in institutional finance through compliance-driven innovation and plans to integrate future programs once regulatory approvals are secured.

Currently, the XRPL network supports about 7,000 active wallets daily. Ripple continues to maintain XRP as one of the top 10 cryptocurrency assets by market value, with XRP trading steadily at around $2.31, reflecting consistent market interest.

### Regulatory Approval and Future Outlook

Before full deployment, regulators must approve RLUSD’s onboarding. Ripple and its partners will coordinate settlement processes once the necessary approvals are granted. This trial represents a landmark collaboration between a regulated U.S. bank and an on-chain settlement network.

This partnership signals a significant step toward integrating blockchain technology with traditional financial infrastructures, aiming to provide faster, more transparent, and compliant payment solutions.

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*Source: Blockonomi*
https://bitcoinethereumnews.com/tech/ripple-and-mastercard-test-secret-stablecoin-system-for-card-payments/

Ripple Expands Enterprise Reach With Another Acquisition of Wallet Platform

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**Ripple Acquires Wallet Platform Palisade to Strengthen Institutional Blockchain Infrastructure**

Blockchain startup Ripple continues to make significant market moves with the acquisition of wallet-as-a-service (WaaS) platform Palisade. This strategic purchase aligns with Ripple’s ambition to evolve from a fintech provider into a core infrastructure player for institutional blockchain finance.

The acquisition of Palisade marks Ripple’s fourth major deal in 2025, following its high-profile purchases of Hidden Road for $1.25 billion, Rail for $200 million, and GTreasury for $1 billion.

### Expanding Institutional Custody and Payments Capabilities

Through acquiring Palisade, the XRP-parent firm aims to expand its institutional custody and payments capabilities. The integration of Palisade’s wallet technology will enhance Ripple’s next-generation custody and payments infrastructure, offering secure, enterprise-grade solutions to institutions worldwide.

By gaining full-stack control over the digital asset lifecycle, Ripple is now able to leverage XRP for instant settlement, RLUSD for institutional liquidity, and Palisade’s advanced wallet technology for multi-asset custody. According to CNF, this acquisition is a major step toward Ripple’s vision of becoming a foundational layer for institutional blockchain finance.

### Moving Beyond Traditional Fintech Tools

Ripple emphasizes that this move confirms its transition beyond traditional fintech tools. The company is positioning itself to build the underlying architecture for a new financial system powered by blockchain technology.

Speaking on the acquisition, Monica Long, President of Ripple, said:
“Secure digital asset custody unlocks the crypto economy and is the foundation that every blockchain-powered business stands on, that’s why it’s central to Ripple’s product strategy. The combination of Ripple’s bank-grade vault and Palisade’s fast, lightweight wallet makes Ripple Custody the end-to-end provider for every institutional need, from long-term storage to real-time global payments and treasury management.”

### Ripple’s Strong Acquisition Spree in 2025

Following the conclusion of its four-year-long SEC lawsuit in early 2025, Ripple has embarked on an aggressive acquisition spree to broaden its service portfolio.

In April, Ripple acquired prime brokerage firm Hidden Road for $1.25 billion, enhancing its institutional client offerings and expanding access to a broader range of cryptocurrencies in the U.S. This was followed by the $200 million purchase of Canadian stablecoin platform Rail in August. More recently, just two weeks ago, Ripple completed a $1 billion acquisition of treasury management firm GTreasury, further solidifying its position in institutional blockchain finance.

### XRP at the Core of Ripple’s Vision

On October 24, Ripple CEO Brad Garlinghouse reaffirmed the company’s long-term vision, emphasizing XRP’s central role in its ecosystem. He stated:

“As we continue building solutions to enable an Internet of Value, I want to remind everyone that XRP remains at the core of everything Ripple does. Lock in.”

With these strategic acquisitions, Ripple is clearly positioning itself as a critical infrastructure provider in the growing world of institutional blockchain finance.
https://bitcoinethereumnews.com/tech/ripple-expands-enterprise-reach-with-another-acquisition-of-wallet-platform/

Crypto Investor Loses Fortune as $3M in XRP Disappears Without a Trace

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A U.S. crypto holder has lost more than $3 million after his Ellipal hardware wallet was compromised, according to findings shared by blockchain investigator ZachXBT. The stolen assets, equivalent to roughly 1.2 million XRP, were reportedly funneled through the Tron blockchain using a cross-chain bridge service called Bridgers. From there, the funds were laundered through Huione, an over-the-counter (OTC) network based in Southeast Asia that was recently sanctioned by the U.S. government for its role in large-scale fraud and money laundering operations.

### A Sophisticated Laundering Trail

ZachXBT traced the transactions after identifying the victim’s wallet from a YouTube video that had gone viral. The attacker allegedly executed over 120 transfers between Ripple and Tron on October 12, 2025, using Binance liquidity routed through Bridgers. By October 15, the stolen XRP had been fully moved into wallets tied to Huione-linked OTC brokers.

Huione has been accused of facilitating the movement of billions in illicit funds across Asia, including proceeds from cybercrime, human trafficking, and online investment scams. The U.S. Treasury expanded its sanctions on the company last week as part of a broader $15 billion investigation involving the Cambodia-based Prince Group.

### Mistaken Identity: Cold Wallet or Hot Wallet?

In his analysis, ZachXBT emphasized that confusion over wallet security was a major factor in the breach. The victim believed he was using Ellipal’s cold storage device—considered one of the safest options for holding crypto—but it turned out to be a connected hot wallet vulnerable to remote attacks.

He added that similar misunderstandings occur frequently on centralized platforms like Coinbase, where users assume assets are stored offline.

### Enforcement Challenges and Industry Implications

The researcher also noted that the victim struggled to find U.S. law enforcement agencies equipped to investigate crypto thefts of this complexity, highlighting a growing gap between cybercriminal activity and enforcement capacity.

This incident underscores how hardware wallet misuse and cross-chain laundering continue to challenge the crypto industry’s efforts to improve investor protection and traceability.

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*The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.*

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**Author:**
Alexander Zdravkov is a reporter at Coindoo. Fluent in German and with more than three years of experience in the crypto space, he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm make him a valuable member of the team.
https://coindoo.com/crypto-investor-loses-fortune-as-3m-in-xrp-disappears-without-a-trace/

Crypto Educator Says ‘This Is Where It Begins’ Predicts XRP to $1,000

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**Ripple’s $1 Billion GTreasury Acquisition Set to Propel XRP to Four-Digit Price Range, Claims X Finance Bull**

*Written by Abdulkarim Abdulwahab | Follow TheCryptoBasic*

A widely followed XRP community educator known as “X Finance Bull” recently claimed that XRP’s price is on the verge of going parabolic, potentially reaching the four-digit range. According to him, the key catalyst driving this explosive growth is Ripple’s $1 billion acquisition of GTreasury. He believes this strategic move will spark a massive capital flow event unlike anything previously seen in the crypto space.

### “This Is Where It Begins”

In a recent tweet, X Finance Bull emphasized that Ripple’s acquisition of GTreasury is far more than a simple company buyout. For him, it represents a game-changing development that embeds XRP deeply within the corporate treasury system.

For context, GTreasury manages billions in daily cash flow for over 1,000 of the world’s largest corporations and is now integrated into the XRP Ledger (XRPL). This integration positions XRP as a core component of global real-time liquidity management.

Essentially, this deal transforms XRP from merely a cryptocurrency into the backbone for cross-border settlements and enterprise-grade transactions.

### XRP Ledger Set to Scale Tokenized Assets and DeFi

According to X Finance Bull, the XRP Ledger is now primed for handling tokenized assets and decentralized finance (DeFi) on a large scale. With GTreasury integrated, the XRPL can support stablecoins, tokenized real-world assets (RWAs), and yield-generating mechanisms, further expanding its utility.

### Regulatory Compliance Paves Way for Institutional Adoption

Another crucial aspect of this acquisition is Ripple’s increased alignment with regulatory standards. GTreasury’s platform is fully compliant with the requirements of Fortune 500 companies, which could open the door for institutional investors to hold XRP as part of their reserves.

With this regulatory-compliant infrastructure, X Finance Bull predicts a surge of institutional capital flowing into the XRP ecosystem—including exchange-traded funds (ETFs) and custodial solutions—potentially bringing XRP into mainstream financial markets.

### XRP Price Predictions by X Finance Bull

In light of these developments, X Finance Bull offers highly optimistic price forecasts for XRP as the coin becomes further integrated into traditional finance:

– **Short-Term (3-6 months):** $2 – $3
– **Mid-Term (6-18 months):** $5 – $10
– **Long-Term:** $20 to $100+
– **Max Potential:** $1,000+

He believes that increased transaction volume, growing corporate adoption, and rising institutional interest will drive XRP’s price upward over the coming months and years.

### The Calm Before the Storm

Despite a recent 21% decline in XRP over the past week amid broader market pullbacks, X Finance Bull views the current market as the “calm before the storm.” He points out that Ripple’s strategic acquisitions—including prime brokers, stablecoin platforms, and now GTreasury—have laid the groundwork for massive long-term growth.

According to him, investors who held onto XRP through previous periods of FUD, legal challenges, and skepticism are early adopters who stand to benefit as the infrastructure and regulatory frameworks are now in place for a parabolic surge.

With trillions of dollars in idle capital now potentially accessible through the XRP Ledger, X Finance Bull believes there is a clear path for XRP to reach unprecedented valuations.

### Conclusion

In summary, X Finance Bull boldly asserts that Ripple’s $1 billion acquisition of GTreasury marks the beginning of XRP’s dominant role in global finance. As tokenized assets increasingly move through the XRP Ledger, the future for XRP looks brighter than ever.

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**Disclaimer:** This content is for informational purposes only and should not be considered financial advice. The views expressed are those of the author and do not necessarily reflect the opinions of The Crypto Basic. Readers are encouraged to conduct their own thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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### About the Author

**Abdulkarim Abdulwahab** is a seasoned crypto journalist known for his trusted voice in the blockchain and Web3 communities. With extensive knowledge of the crypto space, Abdulkarim excels at breaking down complex concepts into accessible language for a broad audience.
https://thecryptobasic.com/2025/10/17/crypto-educator-says-this-is-where-it-begins-predicts-xrp-to-1000/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-educator-says-this-is-where-it-begins-predicts-xrp-to-1000