Key Insights: Ripple is widening its role in digital finance through new work with a UAE bank, fresh custody services for institutions, and recent data showing Key Insights: Ripple is widening its role in digital finance through new work with a UAE bank, fresh custody services for institutions, and recent data showing

XRP News: Ripple Expands Zand Partnership With Stablecoins And XRPL

2026/02/11 10:45
4 min read
xrp news ripple rlusd xrp ledger xrpl

Key Insights:

  • In the latest XRP news, Ripple expands its partnership with UAE-based Zand to support RLUSD, AEDZ, and XRP Ledger issuance within regulated banking systems.
  • Ripple Custody partners with Figment to help banks offer compliant staking services on major proof-of-stake networks.
  • XRP on-chain data shows holders selling at a loss as market pressure builds, similar to past consolidation phases.

Ripple is widening its role in digital finance through new work with a UAE bank, fresh custody services for institutions, and recent data showing stress across XRP Ledger-linked markets.

The XRP news showed that the updates cover payments, stablecoins, staking, and on-chain activity. It would provide a clear view of where the company is building and where traders are feeling pressure.

XRP News: Ripple and Zand Partnership With RLUSD Expansion

The partnership between Ripple and Zand began with a focus on cross-border payments, but it is now moving into deeper areas of digital asset use.

Zand, a regulated digital bank in the United Arab Emirates, is working with Ripple to explore how both sides can use stablecoins inside real banking systems rather than test environments.

The XRP news showed that one part of the plan involves adding support for Ripple USD, known as RLUSD, within Zand digital asset custody services.

This would allow the dollar-backed token to be stored and managed under rules that banks already follow.

For institutions, custody is often the first requirement before any digital asset can be used.

Another area under discussion is direct liquidity between RLUSD and Zand’s own dirham-based stablecoin, AEDZ.

By linking a dollar stablecoin with one tied to the UAE currency, the partners aim to reduce delays and extra steps in currency exchange.

XRP News: Ripple and Zand Partnership | Source: Reece MerrickXRP News: Ripple and Zand Partnership | Source: Reece Merrick

This could make payments between the two currencies faster and easier for businesses operating across borders.

Zand is also considering issuing AEDZ directly on the XRP Ledger. Using the XRPL would place the stablecoin on a network built for fast settlement and low transaction costs.

For Ripple, this adds another regulated asset to the ledger, while for Zand, it provides access to existing payment rails already used by financial institutions.

Ripple Custody and Figment Staking Deal

Ripple has also announced a separate partnership with Figment that focuses on staking for regulated institutions.

The linkup connects Ripple Custody with Figment staking infrastructure, allowing banks and large firms to offer staking services without building their own systems.

Notably, through this setup, institutions can integrate staking into their existing custody workflows while meeting compliance and reporting standards.

Figment and Ripple Custody Alignment | Source: FigmentFigment and Ripple Custody Alignment | Source: Figment

As per the XRP news, the networks supported include major proof-of-stake blockchains such as Ethereum and Solana.

Likewise, figment was selected due to its experience working with more than one thousand institutional clients and its non custodial design.

The company operates validators across several networks and provides detailed reporting tools.

For Ripple, the partnership strengthens its custody offering and positions it as a service provider for institutions entering staking for the first time.

XRP Ledger and On Chain Data Shows Market Stress

While Ripple business activity continues to grow, on chain data shows XRP holders under pressure.

Analysis from Glassnode shows that XRP has fallen below its aggregate holder cost basis, meaning many holders are now sitting on losses.

The Spent Output Profit Ratio using a seven day average has dropped below one, a level often linked to selling at a loss.

XRP SOPR Analysis | Source: GlassnodeXRP SOPR Analysis | Source: Glassnode

As per the XRP news, this shift suggests that some holders are exiting positions during weakness rather than waiting for recovery.

Glassnode compares the current setup to the period between late 2021 and mid 2022, when XRP spent months moving sideways after heavy selling.

During that time, the market only stabilized once selling pressure slowed. As of this development, XRP was trading at $1.41, up by 3.03% in the past 24 hours.

Meanwhile, the data does not point to an immediate rebound, but it does show how market cycles can differ from business development.

While price action remains under strain, Ripple, beyond RLUSD, continues to focus on payments, custody, and infrastructure aimed at long-term use.

This contrast highlights how enterprise plans often move forward even when markets struggle, and sentiment weakens among retail holders during volatile trading periods worldwide today.

The post XRP News: Ripple Expands Zand Partnership With Stablecoins And XRPL appeared first on The Coin Republic.

Market Opportunity
XRP Logo
XRP Price(XRP)
$1.3738
$1.3738$1.3738
-2.37%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

The post American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight appeared on BitcoinEthereumNews.com. Key Takeaways: American Bitcoin (ABTC) surged nearly 85% on its Nasdaq debut, briefly reaching a $5B valuation. The Trump family, alongside Hut 8 Mining, controls 98% of the newly merged crypto-mining entity. Eric Trump called Bitcoin “modern-day gold,” predicting it could reach $1 million per coin. American Bitcoin, a fast-rising crypto mining firm with strong political and institutional backing, has officially entered Wall Street. After merging with Gryphon Digital Mining, the company made its Nasdaq debut under the ticker ABTC, instantly drawing global attention to both its stock performance and its bold vision for Bitcoin’s future. Read More: Trump-Backed Crypto Firm Eyes Asia for Bold Bitcoin Expansion Nasdaq Debut: An Explosive First Day ABTC’s first day of trading proved as dramatic as expected. Shares surged almost 85% at the open, touching a peak of $14 before settling at lower levels by the close. That initial spike valued the company around $5 billion, positioning it as one of 2025’s most-watched listings. At the last session, ABTC has been trading at $7.28 per share, which is a small positive 2.97% per day. Although the price has decelerated since opening highs, analysts note that the company has been off to a strong start and early investor activity is a hard-to-find feat in a newly-launched crypto mining business. According to market watchers, the listing comes at a time of new momentum in the digital asset markets. With Bitcoin trading above $110,000 this quarter, American Bitcoin’s entry comes at a time when both institutional investors and retail traders are showing heightened interest in exposure to Bitcoin-linked equities. Ownership Structure: Trump Family and Hut 8 at the Helm Its management and ownership set up has increased the visibility of the company. The Trump family and the Canadian mining giant Hut 8 Mining jointly own 98 percent…
Share
BitcoinEthereumNews2025/09/18 01:33
RWA Crypto Projects Gain Momentum with Chainlink, VeChain, and Avalanche Surging in Engagement

RWA Crypto Projects Gain Momentum with Chainlink, VeChain, and Avalanche Surging in Engagement

Phoenix Group published a report on the highest ranking RWA crypto projects on social activity, based on LunarCrush insights. Chainlink leads the rankings.
Share
Blockchainreporter2025/09/19 09:00
‘Compromise is in the air’: Ripple CLO signals progress on crypto bill

‘Compromise is in the air’: Ripple CLO signals progress on crypto bill

The post ‘Compromise is in the air’: Ripple CLO signals progress on crypto bill appeared on BitcoinEthereumNews.com. The White House made a second attempt to broker
Share
BitcoinEthereumNews2026/02/11 19:31