Key Insights: XRP News drew fresh interest after Ripple shared plans for a new credit feature on the XRP Ledger. The company also released its latest RLUSD attestationKey Insights: XRP News drew fresh interest after Ripple shared plans for a new credit feature on the XRP Ledger. The company also released its latest RLUSD attestation

XRP News: Ripple Executive Flags New XRP Ledger Credit Facility

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Key Insights:

  • Ripple proposes a new XRP Ledger credit facility, now entering the network voting process.
  • RLUSD expands through new partnerships, listings, and payment settlement integrations.
  • XRP price faces mixed signals as network activity rises while whales continue selling.

XRP News drew fresh interest after Ripple shared plans for a new credit feature on the XRP Ledger. The company also released its latest RLUSD attestation with several business updates, while new market data showed rising network activity and growing uncertainty around XRP’s next price move.

XRP News: XRP Ledger Credit Plan Moves to Voting Stage

XRP news gained attention after Ripple executive Jazzi Cooper shared details of a proposed credit product for the XRP Ledger. The proposal has entered the voting stage, making it one of the latest features under consideration for the network.

Cooper said the XRP Ledger has already made it possible to represent, move, and trade value. The next step, according to her, is to support credit and lending on the blockchain.

Notably, the proposal is built around two groups. The first group includes digital asset holders who want to earn returns on their holdings. The second group includes businesses seeking faster access to funding. Ripple believes both groups still face limits under the current financial system, especially when dealing with blockchain assets.

XRP Ledger Lending Protocol Update | Source: Jazzi CooperXRP Ledger Lending Protocol Update | Source: Jazzi Cooper

The company said the lending system is designed to operate directly on the XRP Ledger rather than relying on external applications. It also includes built-in compliance features.

At the same time, borrower checks and credit reviews would happen off-chain. Ripple said this approach is meant to support lending for larger businesses and financial institutions while keeping the lending process practical.

Per the XRP news, the proposal is still being reviewed through the XRP Ledger voting process. So, it has not yet become part of the network.

RLUSD Expands Through New Partnerships

In other XRP news, Ripple also released the May independent attestation for RLUSD and used the update to highlight several new business developments. Mastercard has expanded its settlement support to include RLUSD across eight blockchain networks, including the XRP Ledger.

The move adds another payment company using the stablecoin for settlement.

XRP news covering RLUSD Monthly Attestation | Source: Jack McDonaldXRP news covering RLUSD Monthly Attestation | Source: Jack McDonald

Ripple also announced that RLUSD is now available to institutions in Turkey through partnerships with BiLira Kripto, TRBitexen, and Bitlo. Another update involved Ripple’s expanded partnership with Bitso. The companies said RLUSD and MXNB will help support on-chain liquidity and cross-border payments through the XRP Ledger’s Permissioned DEX.

Ripple also confirmed that RLUSD will become part of Flutterwave’s payment corridors after its investment in the African payments company. The stablecoin is expected to support settlement for high-volume payments across Africa.

The company added that RLUSD is now available through Wormhole’s Native Token Transfers, has secured more exchange listings, and is now live in Japan through SBI VC Trade after receiving approval from the country’s financial regulator.

XRP Price Shows Mixed Signals

Recent market data paints a mixed picture for XRP. Ali Charts said the Tom DeMark Sequential indicator has printed a daily buy signal. In the past, this signal has often been followed by a short recovery lasting between one and four trading days.

Network activity has also increased. Daily active XRP addresses have risen from about 23,000 to nearly 40,000 over the last two weeks. Even so, the data also points to selling by large holders.

According to the analysis, whales have been moving XRP. It suggests that some of the increase in activity could be linked to tokens being sent to exchanges.

XRP Price Analysis | Source: Ali ChartsXRP Price Analysis | Source: Ali Charts

The report identified $1.06 as the main support level to watch. If buyers keep the price above that point, XRP could move toward $1.27 and later $1.35. If the price closes below $1.06, the next support levels sit around $0.80, $0.62, and $0.51.

The chart also shows XRP pulling back after meeting resistance near the top of its trading channel. For now, traders will be watching whether support holds or selling pressure continues in the days ahead.

The post XRP News: Ripple Executive Flags New XRP Ledger Credit Facility appeared first on The Coin Republic.

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