Ripple has partnered with American-based cryptocurrency exchange Uphold to enhance its cross-border payments infrastructure. Pegah Soltani, Head of Payments Product at Ripple, believes Uphold's deep liquidity expertise will contribute to achieving this goal. Uphold CEO Simon McLoughlin praised Ripple for providing valuable services to businesses making cross-border payments and highlighted the collaboration's potential to enable efficient crypto-to-fiat transfers and bank payouts.

Despite the partnership, XRP's value has dropped by 5% recently, after peaking at $0.58 on October 24. The ongoing Ripple-US SEC lawsuit and overall crypto market trends could influence XRP's future price movements. Analysts and AI-powered language model ChatGPT suggest that a decisive victory for Ripple in the lawsuit could trigger a bull run for the asset.