The Latest Breaking News from Ripple

The $XRP token climbed Wednesday night after Ripple's Brad Garlinghouse and Stuart Alderoty had dinner with President-elect Donald Trump and Bitstamp announced an $RLUSD listing.

Coinbase and the SEC have been locked in legal proceedings about whether the crypto exchange is violating securities laws.

Ripple is expecting a busy year in 2025 as it continues to work at getting the $RLUSD stablecoin on other exchanges and platforms, and it may also be preparing for massive impact as hopes for an $XRP ETF rise.

Donald Trump's election was widely embraced by the crypto space, and one of the apparent beneficiaries of the President-elect's upcoming re-entry into the White House is Ripple, which overcame a four-year legal struggle with the SEC and is now ready to make crypto great again in its home turf.

$RLUSD has stabilized at $1, seemingly affecting $XRP prices positively as the altcoin surged 15% in the last 24 hours – some crypto users believe the uptick may be related to FUD (fear, uncertainty and doubt) around $USDT's fate in the European Union.

$XRP was definitely one of the most-followed altcoins this year as it grappled with the SEC and weathered four years of legal woes only to climb to the same prices when it used to challenge Bitcoin in the market cap race.

Altcoins were the biggest story of 2024 even with Bitcoin getting ETFs approved and hitting a new all-time high above $108,000 as some alternative cryptocurrencies eclipsed $BTC's year-to-date performance even with several market downturns.

Crypto users blasted Tether over the weekend after it invested $775 million into Rumble, with many saying it might have been a bad deal for Rumble due to business allegations around the $USDT issuer.

A severe emotional whiplash.

Crypto users, specifically $XRP holders, are frustrated over reports that some investors – potentially newbies in crypto – are selling their $XRP tokens to acquire $RLUSD, a stablecoin that will retain its $1 value even if Bitcoin and other altcoins surge.

RLUSD trades above $1 as limited supply impacts its initial price.