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Ripple Expands University Presence With XRP Branding Across Major Sports Venues
Ripple’s university strategy is moving beyond blockchain labs toward XRP branding at collegiate sports venues. CryptoSlate reports a 69-day rollout covering Kansas uniforms, Florida football and Louisville basketball, without token adoption.
CryptoSlate
Velocity’s Series A reaches $48 million at a $200 million valuation
Velocity has expanded its Series A funding to $48 million at a $200 million valuation, CEO Eric Queathem said. Visa, Circle and Ripple are among the backers of the London-based payments infrastructure firm.
CoinDesk
Ripple’s RLUSD Targets $13 Trillion Corporate Treasury Market
Ripple stablecoin chief Jack McDonald sees a $13 trillion corporate treasury opportunity for RLUSD, now valued at $2.4 billion, as the company pursues payments, capital-markets growth and a MiCA-based European expansion.
CoinDesk
XRPL Code Update Fixes Lending and AMM Paths Without Activating New Features
The XRP Ledger’s fixCleanup3_3_0 update corrects AMM, vault, lending, Checks and pseudo-account code paths. CryptoSlate said it does not activate the pending feature amendments or launch the upcoming lending protocol.
CryptoSlate
Ripple Adds AI Agents to Its $1 Billion Corporate Treasury Initiative
Ripple is adding AI agents to a $1 billion corporate treasury initiative. The software can monitor cash, risk and forecasts and suggest financial actions, but human approval remains required for every decision.
CoinDesk
Bitcoin ETFs see second consecutive outflow as Ether, XRP and Solana funds attract inflows
Bitcoin ETFs posted a second straight day of outflows on Wednesday, losing $120 million—more than double Tuesday’s loss. Ether, XRP and Solana funds moved in the opposite direction, recording inflows.
CoinDesk
Dogecoin leads major crypto losses as bitcoin holds $78,000
Dogecoin fell 5% to lead losses among major cryptocurrencies, while BNB dropped about 4% and XRP 3%. Bitcoin held the $78,000 level as oil prices pushed Treasury yields to their highest since late 2023.
CoinDesk
Dogecoin Leads Crypto Declines as Bitcoin Holds Near $78,000
Dogecoin fell 5% to lead losses among major cryptocurrencies, while BNB declined about 4% and XRP lost 3%. Bitcoin held the $78,000 level as higher oil prices pushed Treasury yields to their highest since late 2023.
CoinDesk
XRP ETFs attract nearly $2 million as bitcoin, ether and solana funds see outflows
XRP ETFs took in nearly $2 million on Tuesday, while bitcoin, ether, solana and hyperliquid funds saw outflows. Grayscale products accounted for all bitcoin and ether outflows, CoinDesk reported.
CoinDesk
XRP Ledger Logs Millions of AI Micro-Payments With Limited XRP Buying
CryptoSlate reports millions of AI-agent micro-payments on the XRP Ledger, but limited XRP buying. A September 8 dashboard also recorded 4,125 RLUSD settled, showing payment counts alone do not prove substantial XRP demand.
CryptoSlate
XRP lending model exposes depositors to most losses from a single default
A CryptoSlate model indicates that one default could leave XRP lending-vault depositors bearing 90% of a 90,000-token loss, while ten smaller loans would produce a modeled loss of 4,500 tokens under the same coverage rates.
CryptoSlate
Bitwise’s XRP futures position highlights a 14% yield gap
CryptoSlate reports that Bitwise’s 10.8 million-XRP custody position is 97.5% offset by futures, with a 14% yield gap. CFTC categories complicate efforts to determine which market participants capture the resulting returns.
CryptoSlate