Ripple

Ripple is a blockchain company focused on cross-border payments, stablecoins and asset tokenization, and it supports the XRP Ledger (XRPL) ecosystem. Recent developments include securing compliance approvals under the EU's MiCA framework and in Luxembourg, receiving authorization for RLUSD trading in Japan, upgrading XRPL and proposing an institutional-grade lending protocol. A UK Treasury report has also identified Ripple as a model for financial integration. Its regulatory strategy, institutional adoption, technical governance and political investment activity could affect XRP, stablecoins and the adoption of blockchain by traditional financial institutions.