$XRP

CoinGecko’s 2026 Q2 report says prediction markets hit $113.8B in volume, up 48.7% from Q1. In the same quarter, spot trading volume on top 10 centralized exchanges fell 27.9%, while Ethereum dropped 25.4% and Bitcoin fell 14.2%. Kalshi’s share rose to 58.9% and Polymarket’s fell to 30.2%, according to the article.

Ripple launched Ripple Mint, a platform for institutions to mint, redeem, and manage Ripple USD (RLUSD) via console or APIs, with real-time transaction tracking and webhook alerts. Ripple also invested in Notabene to add identity checks and transaction authorization. Standard Custody & Trust issues RLUSD under New York regulation. XRP traded near $1.11.

Stripe offered to acquire PayPal for $53 billion on July 15, according to the companies. PayPal had not accepted the offer as of July 22, and its board chose on July 20 to seek a higher price. The article says a deal could affect crypto stablecoin flows and may be bearish for XRP and Solana, while discussing Stripe’s Tempo and PayPal USD.

Ripple says it has addressed two issues with its RLUSD stablecoin by enabling Ripple Mint for existing RLUSD customers and partnering with Notabene, which provides Travel Rule compliant checks for regulated on-chain payments. Notabene says its network connects 2,300+ institutions across 100+ jurisdictions and processes $2T annualized volume. RLUSD activity is expected to run on the XRP Ledger, where fees burn XRP.

Notabene said Ripple made a strategic investment and the two will collaborate to expand enterprise stablecoin payments by integrating Ripple USD (RLUSD) into Notabene Flow. Notabene Flow uses Notabene’s transaction authorization network, which the company says supports $2T annualized volume and 2,300+ institutions. Notabene expects to accelerate rollout and add more partners.

S&P Dow Jones Indices and Pantera Capital launched a rules-based digital asset index tracking blockchain networks by protocol revenue rather than token price or market cap. It includes assets meeting protocol revenue, market cap and liquidity thresholds, ranks by two-quarter protocol revenue, caps holdings at 35% (others 20%), and rebalances quarterly. Initial 18 constituents include ETH, BNB, SOL, TRX and HYPE.

Ripple says its rebranded prime brokerage, Ripple Prime, is central to connecting traditional finance and digital assets via 24/7 institutional trading. After Ripple’s Oct 2025 close of its $1.25 billion acquisition of Hidden Road, Ripple Prime revenue tripled year over year, according to Michael Higgins. The firm is expanding RLUSD use for institutional collateral.

The article says US federal crypto rulemaking is advancing, citing the Genius Act for stablecoin rules and March regulator guidance that classifies most established tokens as not securities. It notes the Clarity Act and additional SEC and CFTC work. It argues XRP could benefit due to Ripple’s compliance features on XRPL and cites tokenized assets rising to $322.9M (from $130.5M) and XRP down 41% YTD.

A UK Treasury-backed report on tokenized wholesale markets cites Ripple as a convergence model for moving tokenized repo, gilts and funds from sandbox to live trading within 12 months. It proposes a hybrid permissioned plus permissionless network approach and highlights settlement-finality risks on public chains. The report cites Ripple’s Hidden Road acquisition and Santander UK’s use of Ripple rails, and estimates potential UK economic gains.

Ripple said on July 6 that Luxembourg’s CSSF granted it full MiCA Crypto Asset Service Provider (CASP) authorization, following a June 23 “Green Light Letter.” The license passports across the EEA, enabling regulated crypto payment services. Ripple also holds a Luxembourg EMI license. The article notes RLUSD stablecoin still lacks EU EMT authorization and discusses potential implications for XRP.