As bitcoin continues to trade sluggishly near $75,000, several other crypto projects are showing notable developments.
Among them is XRP (XRP), the payments-focused token used by fintech firm Ripple to facilitate cross-border transactions. U.S.-listed spot XRP ETFs drew more than $17 million in inflows on Wednesday, the most since Feb. 2, according to data source SoSoValue. While that is smaller than the flows seen in bitcoin ETFs, it nonetheless points to a revival in demand for XRP after a prolonged period of muted activity marked by little to no uptake.
News flow has been encouraging, too. Ripple has partnered with Kyobo Life Insurance to pilot South Korea’s first real-time tokenized government bond settlement system on…
