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Cross River, Meritz & $1.30: RLUSD Builds While XRP Stalls | Oct 18
Audio is available on Spreaker — see link below.
XRP crypto news: three major Ripple partnership announcements in 48 hours — and the token still closed lower at $1.30. RLUSD is becoming the operational layer; here's what that means for XRP demand.
Audio is available on Spreaker — see link below.
Cross River Bank embedded RLUSD into its core banking infrastructure on October fifteenth, and that single move tells you everything you need to know about where Ripple's momentum is actually going. The integration runs through Volante Technologies and enables twenty-four-seven FedNow settlement for Cross River's fintech clients.
Then there's South Korea. Ripple announced a partnership with Meritz Securities on October fourteenth.
Which brings us to the price. XRP traded near one dollar thirty on October eighteenth, down roughly one percent on the day and down six point five percent on the week.
The derivatives picture is worth separating from the bearish headline. XRP futures open interest slipped to two point seven seven billion dollars, a one point three percent decline.
Prediction markets aren't optimistic about October. Contracts show a fifty percent probability XRP touches one dollar twenty by month-end.
One technical item to watch: the XRP Ledger's fixCleanup three-four-zero amendment is scheduled for October twenty-third activation. It targets a PaymentBurn permissions bug discovered October ninth.
The real question going into next week is whether Ripple's partnership pattern shifts. Every major deal in this cycle has centered on RLUSD.
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