Important Ripple News and XRP Price Update: August 25

From record-setting ETF inflows to major XRP price breakout. Here's the latest in the broader Ripple ecosystem. It was less than a week ago when we last wrote a major Ripple (XRP) update, and the landscape was entirely different. Not that the company behind the token hadn’t made some major moves, because it frequently does, but because the underlying asset was stuck at $1.00 and analysts were wondering whether that support would hold or we were in for another major leg down. The environment is entirely different now, and we will take a look at what has taken place in the Ripple ecosystem over the past week, especially on the XRP price front. FedNow, Gemini, XRPL Multiple reports emerged online in the past few days that FedNow Payments has enabled payments through Ripple’s tokens after the company’s integration with Volante. FedNow is an instant payments rail in fiat USD that settles on central bank reserves, while Volante provides platform connectivity to the former for domestic payments in the US and to Ripple for cross-border services. Separately, Gemini’s co-founder, Tyler Winklevoss, announced some “big news for the Ripple Army in Asia.” In a tweet from today, he said users of ...