Ripple Proposes XLS-0089d Standard to Enhance XRP Ledger’s Multi-Purpose Tokens

RippleX, the development arm of Ripple, has unveiled a draft standard named XLS-0089d aimed at structuring Multi-Purpose Tokens (MPTs) on the XRP Ledger. This proposal seeks to standardize metadata fields such as ticker symbols, human-readable names, and icon URLs to boost discoverability and integration across the ecosystem. The initiative follows last year's XLS-82d upgrade, which enabled MPTs, replacing traditional currency-issued tokens. By introducing a unified metadata framework, Ripple aims to streamline token interoperability and enhance user experience, further solidifying the XRP Ledger's position as a versatile platform for digital assets. This development underscores Ripple's commitment to innovation and could potentially drive broader adoption of XRP and its associated technologies in the evolving cryptocurrency landscape.

Ripple Proposes New Metadata Standard for XRP Ledger's Multi-Purpose Tokens

RippleX, the development arm of Ripple, has introduced a draft standard called XLS-0089d to bring structure to Multi-Purpose Tokens (MPTs) on the XRP Ledger. The proposal aims to standardize metadata fields—including ticker symbols, human-readable names, and icon URLs—to improve discoverability and integration across the ecosystem.

MPTs, enabled by last year's XLS-82d upgrade, replaced traditional currency-issuer pairs with a flexible cryptographic identifier, allowing for tokens representing wrapped assets, gaming points, or real-world asset receipts. However, the lack of standardized fields has created UX challenges for wallets and explorers. RippleX's solution seeks to balance flexibility with interoperability.

Ripple Named Among World's Top Fintech Companies for Third Consecutive Year

Ripple Labs, the American payment technology firm, has secured its position as one of the globe's leading fintech companies in CNBC and Statista's 2025 rankings. The recognition underscores Ripple's evolution from a blockchain payments specialist to a broader financial technology innovator.

The company's enterprise blockchain solutions and cross-border payment systems continue gaining traction, reflecting in its third straight year on the prestigious list. Ripple celebrated the achievement via social media, noting the honor coincides with accelerating institutional adoption of digital asset infrastructure.

Ripple Co-Founder Moves 8M XRP to Coinbase Amid Price Surge

Chris Larsen, co-founder of Ripple, transferred over 8 million XRP to Coinbase as the cryptocurrency approaches its all-time high. The transactions, executed in rapid succession, included 7.6 million XRP sent to Coinbase and another 2 million XRP directed to external wallets.

XRP has surged 50% this month, trading at $3.25—just 4.4% below its January 2018 peak. Market observers are scrutinizing the timing of Larsen's transfers, which coincide with the token's bullish momentum.

Ripple (XRP) Gains Regulatory Clarity in US Banking and Expands Payments in Europe

US banking regulators—the Federal Reserve, FDIC, and OCC—have issued unified guidance allowing banks to custody digital assets like XRP. This marks a historic shift, eliminating years of regulatory ambiguity and enabling financial institutions to offer secure crypto storage services to retail and institutional clients.

Concurrently, Ripple Payments has launched in Europe, accelerating institutional adoption across the Atlantic. The dual developments signal XRP's deepening integration into mainstream finance, with policy changes now translating into tangible infrastructure growth.

XRP Nears All-Time High Amid $40M Liquidations

Ripple's XRP surged past $3.3, inching toward its January 2018 peak of $3.4. The rally triggered over $40 million in daily liquidations, predominantly from short positions.

Since breaking consolidation last week, XRP has gained 50%, with a 75% rise from June lows. The asset briefly touched $3.34 on Bitstamp—just 2% below its record—before retracing slightly.

Market volatility highlights the tension between bullish momentum and resistance at historic levels. Analysts debate whether macroeconomic factors or technical barriers will dictate XRP's next move.

U.S. Regulators Issue Crypto Custody Guidance as Ripple Pursues Banking License

Ripple's bid for a national banking charter coincides with new federal guidance clarifying how traditional financial rules apply to digital asset custody. The joint statement from the Fed, OCC, and FDIC explicitly recognizes crypto safeguarding services—a watershed moment for an industry still grappling with Operation Chokepoint's legacy.

The framework allows regulated entities like Ripple to custody XRP and RLUSD for clients, potentially streamlining its cross-border payment operations. This regulatory clarity arrives as the blockchain firm navigates its OCC licensing process, which would subject it to direct federal oversight.

Market observers note the guidance effectively legitimizes crypto custodial services while maintaining existing risk management requirements. For Ripple, the timing couldn't be more fortuitous—the rules provide a clear pathway to integrate banking services with its existing digital asset infrastructure.