Banking Payments: $XRP
Ripple is expanding its partnerships with financial institutions. Jeonbuk Bank in South Korea previously adopted Ripple Payments for enterprise cross-border payments; however, current publicly available information does not confirm that these transactions necessarily use XRP, and they may also use Ripple’s RLUSD stablecoin.
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SWIFT-related updates: ACI Worldwide reportedly has added the XRP Ledger (XRPL) to its payment settlement routes. The report links it to bank cross-border payments and the ISO 20022 standard.
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XRP price: Market coverage for September 26 shows XRP trading at around $1.55. It has risen by about 10% this week but is still close to its 50-week moving average of about $1.56.
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XRPL upgrade: The Batch feature for the XRP Ledger was originally scheduled to be activated earlier, but due to the validator support rate temporarily dropping below 80%, the activation was postponed and may be activated as early as October 9. This feature allows up to eight transactions to be processed in batches.$SUI