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BRICS XRP Ledger has actually emerged as a key technology mentioned in official BRICS documentation for cross-border trade solutions. The report explicitly references the XRP Ledger’s escrow model as a potential automated payment system, marking the first formal acknowledgment by a major economic bloc representing around 40% of global population. Also Read: XRP $50.000 Forecast Revives Buzz From Forbes’ Hidden $59,472 Article Exploring BRICS XRP Ledger, How It Works and Its Role in BRICS Pay Source: AFP Official BRICS Documentation Discovery Crypto enthusiast Kenny Nguyen shared slides revealing that crypto researcher SMQKE discovered explicit references to BRICS XRP Ledger in official documentation. The report was found to examine blockchain applications for trade finance and positions virtual escrow accounts to ensure funds are available once contractual conditions have been met. Source: Kenny Nguyen on X The mention directly links to BRICS Pay development, which is being descri...

The number of unique active addresses on the XRP Ledger (XRPL) has plummeted by 80% since December, according to data from CryptoQuant. Specifically, the number of addresses transacting on-chain has dropped from 103,000 on December 3 to fewer than 21,000 on Sunday. Unique active addresses are a way to track user engagement with the Ripple-supported XRP blockchain. Major changes to blockchain usage can indicate changes in market sentiment, and active addresses — wallets that actually send or receive transactions on-chain — are a key metric for measuring blockchain network health and adoption . The number of addresses transacting on-chain has dropped from 103,000 to fewer than 21,000. Read more: Ripple played Trump to pump XRP — now he’s cutting ties Unlike total addresses, which sums all wallets ever created, active addresses actually sent or received a transaction on the XRP Ledger within a rolling 24-hour period. Got a tip? Send us an email secu...

In what is certainly a massive development for the company, Ripple has announced that tokenized gold is coming to the XRP ledger in 2024. Specifically, digital finance company Meld Gold took to X (formerly Twitter) to announce a partnership with Ripple that will see gold-backed stablecoins arrive in Q3 of this year. Additionally, the partnership will see a silver-backed stablecoin also debut on the platform. Moreover, the company stated that its decision to use the XRP Ledger was made due to the “reliability and stability” that Ripple offers in the tokenization and exchanging of both crypto and real-world assets. Source: Watcher.Guru Also Read: Ripple CEO Says Dogecoin is ‘Not a Good Thing’ for Crypto Gold-Backed Stablecoin Coming to Ripple’s XRP Ledger As the midpoint of 2024 fast approaches, the finance sector has seemingly been enthralled by two things; gold and crypto. Both the precious metal and Bitcoin, the leading cryptocurrency, have set all-t...