In a surprising turn of events, Ripple has emerged as the fifth largest donor in the US election cycle, contributing a staggering $49.9 million.
This move solidifies Ripple’s position as a major player in the crypto space, leading the pack in terms of political influence.
🚨BOOM! #Ripple has emerged as the fifth largest donor in this election cycle, contributing a staggering $49.9 million! 💸 When it comes to crypto, it’s leading the pack! #XRP pic.twitter.com/CIJrsSHZgm
— Brett (@Brett_Crypto_X) August 27, 2024
But that’s not all – Ripple is also rapidly expanding its international footprint through strategic partnerships, focusing on increasing the adoption of the XRP Ledger. The company has joined forces with major banks from China, Hong Kong, and the Philippines, cementing its position as a global leader in blockchain technology.
🚨BREAKING: @Ripple's network now includes major banks from China, Hong Kong, Philippines! #XRP pic.twitter.com/I9WDAzZ1rV
— JackTheRippler ©️ (@RippleXrpie) August 27, 2024
Ripple Becomes A Member Of Prestigious International Swaps And Derivatives Association (ISDA)
In a groundbreaking move, Ripple has become a member of the prestigious International Swaps and Derivatives Association (ISDA), alongside industry giants BlackRock and JPMorgan. This membership is set to bring significant liquidity and institutional investment to the XRP Ledger, with potentially hundreds of millions flowing into XRPL tokens, particularly DeFi tokens.
BREAKING NEWS🚨: BlackRock and JPMorgan to Facilitate $1.2 Quadrillion on the XRP Ledger Across Borders.
In a groundbreaking move, Ripple has joined forces with industry giants BlackRock and JPMorgan through its recent membership in the prestigious International Swaps and… pic.twitter.com/2DFZId7Zbf
— Brett (@Brett_Crypto_X) August 27, 2024
As if that weren’t enough, top DeFi token on XRP Ledger, TokenCTF, has confirmed a major announcement for September 1st. And, according to on-chain reports from analyst Ali Martinez, Ripple whales have snapped up over 50 million $XRP in the past 24 hours, boosting their holdings by approximately $29.5 million. It’s clear that Ripple is making waves in both politics and finance – and it’s only just getting started.
#Ripple whales have scooped up over 50 million $XRP in the past 24 hours, boosting their holdings by approximately $29.5 million! pic.twitter.com/nqNMG2J5Ng
— Ali (@ali_charts) August 27, 2024
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
Image Source: promesaartstudio/123RF // Image Effects by Colorcinch
