Ripple Expands Ecosystem Amid XRP Price Slump
XRP holders have been witnessing quiet price action as Ripple continues to expand its RLUSD stablecoin, institutional services, and XRPL infrastructure across global markets.
According to data shared by X Finance Bull on X, Ripple's RLUSD has expanded into multiple markets, including Japan, Turkey, Korea, the Middle East, and Latin America. This expansion is part of a broader push by Ripple to build infrastructure for institutional financial activity.
Ripple Prime has added institutional trading and financing capabilities, while Ripple Treasury incorporated XRP and RLUSD into corporate treasury management. Ripple Custody has also expanded its institutional security offering.