XRP news today: XRP breaks key level at $0.65 on Ripple updates

According to the Fed Bank of Philadelphia website, the conference will take place October 22-23, 2024. The conference will focus on changes in the fintech space, with talking points including:

• Tokenization of real-world assets;
• Tokenized deposits;
• banking as a service; And
• The potential role of fintech in shaping the future of finance.

Their presence highlights the increasing adoption of Ripple and XRP since the Programmatic Sales ruling and the final ruling in the SEC v. Ripple case.

Collaboration between Mastercard and Ripple

On Sunday, it was revealed that the CEO of Mastercard (MA) announced that XRP will not replace SWIFT, but will enable cheaper and faster transactions using Ripple’s blockchain technology.

The announcement is significant for XRP, which has benefited from increasing global adoption since the programmatic sales ruling and final ruling. The partnership between Mastercard and Ripple could lead to a significant increase in XRP adoption while bringing digital assets into the mainstream.

SEC vs. Ripple: Will the SEC appeal?

Positive news related to Ripple and XRP dampened speculation about an SEC appeal against rulings in the Ripple case. As Ripple moves further into the mainstream, uncertainty remains about the SEC’s plans to appeal.

The SEC and Ripple must file an appeal by October 7th, within 60 days of the final ruling on August 7th. XRP’s prospects could improve significantly if the SEC decides not to appeal.