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Ripple’s CTO David Schwartz recently addressed concerns surrounding XRPL account reserves and the voting mechanism for adjustments. In an X post, Schwartz explained further that the voting system was designed more to coordinate feature activation and not really as a core governance tool of the network. He added that the current voting process can be […]
The XRP Ledger (XRPL) isn’t just about speed and efficiency; it’s also built on a mechanism that burns a fraction of XRP with every transaction. This innovative feature plays a dual rolemaintaining network integrity and subtly reducing the token’s total supply. For each transaction, users pay a feeusually as low as 0.00001 tokens. This amount, […]
XRP and Cardano were labeled significant losers by Cardano founder Charles Hoskinson, who has criticized the Wyoming Stable Token (WST) Projects blockchain selection process as biased and unfair. The WST initiative aimed to launch a dollar-pegged stablecoin backed by Wyoming, a pro-crypto state. Ripples RLUSD infrastructure could have powered this effort, boosting liquidity on major […]
Key Takeaways: Ripple, in collaboration with Archax and abrdn, has launched the first-ever tokenized money market fund on the XRP Ledger (XRPL). The UK-based, FCA-registered digital asset platform Archax also provides access to abrdn’s $3.8bn US dollar Liquidity Fund in tokenized form. It moves things another step further for both RWA tokenization and institutional-grade DeFi […]
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