XRP ETF products pulled in $10.68M while Bitcoin bled $319M in outflows — a clean institutional divergence. Plus: MXNB peso stablecoin goes live on XRPL, the AI Starter Kit launches, and whale data flags a looming support test.
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Ripple just added a Mexican peso stablecoin to the XRP Ledger, and the timing tells you a lot about where this company is placing its bets. The new token is called MXNB, issued through an expanded partnership with Bitso, the dominant crypto exchange across Latin America.
While that was developing, the ETF data for the week of June twelfth came in, and it cuts against the broader market narrative cleanly. XRP-linked products recorded ten point six eight million dollars in inflows, extending a five-week positive streak.
The other headline this week is Ripple's release of the XRPL AI Starter Kit, a developer toolkit that lets autonomous AI agents send and receive XRP and RLUSD payments using the x402 protocol. Settlement runs in three to five seconds.
Fortune ranked the XRP Ledger sixth most influential blockchain globally, placing it behind Bitcoin, Ethereum, Solana, Chainlink, and Polygon. The ranking itself doesn't move settlement volume, but mainstream business publication recognition does matter for enterprise conversations.
On the regional side, Stronghold Japan reported new settlement volume milestones on the Japan-Philippines corridor through On-Demand Liquidity services. That corridor is one of the busiest remittance routes in Asia-Pacific.
One piece of on-chain data worth flagging: large holder transactions over one million dollars dropped fifty-seven point three percent recently, and whales have been distributing roughly sixty million XRP rather than accumulating. Some of those holders are signaling interest in buying below one dollar.
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