Home DeFi Ripple’s RLUSD Push Defies SEC Pressure

Ripple’s RLUSD Push Defies SEC Pressure

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Ripple XRP move takes a dramatic turn as Bank of America adopts XRP for internal transactions. David Stryzewski revealed this major shift on FOX Business. At the same time, Ripple’s RLUSD stablecoin is expanding to more exchanges despite regulatory challenges.

Also Read: Shiba Inu: How To Be A Millionaire When SHIB Hits $0.00075?

Ripple's RLUSD Push Defies SECRipple's RLUSD Push Defies SEC
Source: Watcher Guru

Bank of America’s Strategic XRP Integration

David Stryzewski discussing Bank of America's XRP integrationDavid Stryzewski discussing Bank of America's XRP integration
Source: Fox Business

The latest Ripple XRP move gained attention when David Stryzewski spoke on FOX Business. “Bank of America was doing 100% of their internal transactions” through XRP, he stated. The bank now holds 83 blockchain patents tied to Ripple’s technology. Stryzewski added, “XRP is going to be the track that everything runs on in the future.”

Also Read: Ripple: How High Can XRP Go This Bull Cycle?

RLUSD Expansion, DeFi Integration, & Ripple’s President Statements

Ripple president Monica Long plans to “imminently list RLUSD on more exchange platforms.” RLUSD now has 58,823,317.55 tokens across Ethereum and XRP networks. The Ripple XRP move into DeFi got stronger through a new Chainlink partnership for price data.

Regulatory Landscape and Market Impact

Pro-XRP lawyer John Deaton spoke about the SEC case: “Not only was Ripple unfairly sued, Garlinghouse was individually sued in a non-fraud case. Anyone familiar with the Ripple litigation knows the SEC played dirty, pushing ethical limits.” Still, RLUSD keeps growing, with 795 holders and 1,761 transactions.

Japanese Banking Sector Integration

SBI CEO Yoshitaka KitaoSBI CEO Yoshitaka Kitao
Source: WebX Asia

The Ripple XRP move now reaches Japan’s banks, and SBI CEO Yoshitaka Kitao says they’ll use XRP Ledger. If just 1% of Japan’s $6.372 trillion banking sector adopts it, XRP could gain $63.72 billion in market value.

Also Read: Bitcoin Plummets Below $96K: Is Your Investment Safe?

Future Outlook and Market Dynamics

RLUSD keeps 40,000,043.01 tokens (68%) in its deployer account for stability. Bank of America sits on RippleNet’s Governance Committee with Nium, Santander, and Standard Chartered. This setup helps both RLUSD and XRP grow stronger.





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