September 30, 2024

XRP News Today: XRP Breaks Key Level at $0.65 on Ripple Updates

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According to the Fed Bank of Philadelphia website, the conference will take place between October 22-23, 2024. The conference will focus on shifts within the fintech space, with talking points including,

Real-world asset tokenization;
Tokenized deposits;
Banking-as-a-service; and
The potential role of fintech in shaping the future of finance.

Their attendance highlights the increasing acceptance of Ripple and XRP since the Programmatic Sales ruling and the final judgment in the SEC v Ripple case.

Mastercard and Ripple Collaboration

On Sunday, news emerged that the Mastercard (MA) CEO announced XRP will not replace SWIFT but facilitate cheaper and faster transactions using Ripple’s blockchain tech.

The announcement is significant for XRP, which is benefiting from increasing global adoption since the Programmatic Sales ruling and the final judgment. The Mastercard-Ripple partnership could see a significant increase in XRP adoption while also putting digital assets on the mainstream map.

SEC vs. Ripple: Will the SEC Appeal?

Positive news relating to Ripple and XRP muted speculation about an SEC appeal against rulings in the Ripple case. While Ripple makes further inroads into the mainstream arena, uncertainty remains about SEC plans to appeal.

The SEC and Ripple must file appeals by October 7, within 60 days of the August 7 final judgment. XRP’s outlook could significantly improve if the SEC decides not to appeal.

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