XRPL Hits 2.8 Billion Flawless Transactions—Big Players Are Paying Attention

Christian Encila

2 months ago

3 mins read

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Blockchain technology is receiving a boost with the XRP Ledger, based on recent findings from industry observers. The system has handled over 2.8 billion transactions without any security failure, which has caught the eye of financial institutions globally.

Institutions Are Taking Notice

According to Jasmine Cooper, RippleX Head of Product, the effectiveness of XRPL is one of the major reasons institutional investors are drawn to it. Institutional asset issuers and investors are using XRPL more because of its speed and reliability.

For example, OpenEden has recently hit milestones in tokenizing US Treasury bills on the platform. Institutional investors are purchasing these tokenized assets that desire access to on-chain financial instruments.

BlackRock, the global asset management titan, is also making a push into asset tokenization, lining up with XRPL’s platform. Regulated exchanges like Archax are even listing tokenized assets created on the ledger, and it’s becoming more acceptable to mainstream financial institutions.

XRP Ledger Adoption is Surging! Institutions, DeFi, Stablecoins, Tokenization

Jasmine Cooper, Head of Product at RippleX, joined me to discuss the latest and the greatest with the XRP Ledger.

02:34 Jasmine’s background
04:43 Real Estate on Blockchain
06:18 RippleX overview… pic.twitter.com/HkC2ubbflA

— Tony Edward (Thinking Crypto Podcast) (@ThinkingCrypto1) March 23, 2025

Real Estate Gears Up For Blockchain

XRPL is revolutionizing the way people buy and sell real estate by enabling tokenization. Firms such as Propy utilize it to facilitate automatic property sales, minimizing paperwork and accelerating transactions. This facilitates real estate trading and makes it more accessible.

This change might have a huge effect on an industry that is normally sluggish and convoluted. Through blockchain, XRPL assists in making transactions easy yet secure and reliable.

XRP market cap currently at $142 billion. Chart: TradingView.com

DeFi Growing On XRPL

DeFi on XRPL is gaining traction, owing to fresh technology such as the Automated Market Maker (AMM). The functionality allows traders to exchange assets and provide liquidity directly on the blockchain, eliminating the role of centralized exchanges.

RippleX is also looking to simplify XRPL for developers. The firm is introducing an Ethereum Virtual Machine (EVM) sidechain that enables developers to create Ethereum-based smart contracts with the advantage of XRPL’s low-cost, high-speed transactions.

This element is likely to have more DeFi projects hitting the ledger and improve its connectivity with other blockchain networks.

A New Stablecoin On The Horizon

Ripple recently rolled out RLUSD, a new US dollar-backed stablecoin, on a small number of small crypto exchanges. The stablecoin will be applied in cross-border payments and liquidity. RippleX is said to be seeking regulatory approval to ensure that RLUSD meets the regulations, which could make it more appealing to institutional users.

The stablecoin is positioned as an adjunct to XRP, already employed as an international bridge currency. If the RLUSD gains traction, adoption of the XRPL network is likely to further increase.

Featured image from VOI, chart from TradingView

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.