Understand Ripple, its payments and digital-finance infrastructure businesses, and clearly distinguish the company from XRP and the XRP Ledger.
Ripple is a financial-technology company building products across payments, digital-asset custody, stablecoins, liquidity and institutional infrastructure. Ripple uses parts of the XRP ecosystem, but Ripple, XRP and XRPL are distinct concepts.
The verifiable procedural fact is that the Senate did not obtain the 60 votes needed for cloture, with a 49–50 result. Ripple argues that the failure does not change what it regards as XRP's established U.S. legal footing. Senators opposing the measure cited different concerns, while supporters argued for a more predictable framework. The legislative step was blocked and the broader policy debate continues.
The month's documented developments were largely technical: xrpld 3.4.0 brought LendingProtocolV1_1, fixes and operational improvements, while the XLS-68 report described a Devnet vulnerability found before Sponsor activation on Mainnet. Ripple also expanded corporate products involving treasury AI, RLUSD and custody, alongside U.S. regulatory debate. Analysis should separate XRPL as public infrastructure, XRP as its
As of 3 September 2026, Ripple reports $2,395.6M of RLUSD in circulation against $2,517.7M in reserve funds. RLUSD is backed by U.S. dollars and cash equivalents held in segregated accounts, with monthly attestations by an independent accounting firm.
Absa Corporate and Investment Banking launched an institutional digital-asset custody service using Ripple technology in Africa, putting an earlier custody partnership into operation. Custody concerns asset/key security, transaction governance and approval controls. Available information does not establish that customers must use XRP or that every asset is held on XRP Ledger. This is adoption of Ripple technology; di
September changes removed several payout corridors and financial-instrument types. Ripple later restored the China (USD) corridor CN_CFXPS, which is again accepted by financialInstrumentType and validatePayoutRails; the other September withdrawals remain in place.
From the birth of the XRP Ledger to payments, custody, RLUSD and major acquisitions: a documented chronology of Ripple and its clients, partnerships, pilots and acquisitions.
On September 15 the Senate vote on cloture for H.R. 3633 was 49–50, short of the three-fifths threshold. Supporters argued for a durable digital-asset market framework; opponents raised concerns including ethics, national security, illicit finance and regulatory capacity. Ripple publicly regretted the outcome and offered its own interpretation of XRP's legal position. That interpretation is Ripple's position, not an
Ripple's institutional guide emphasizes issuer quality, reserves, compliance, redemption and operational integration. Because Ripple publishes the material about its own.
Ripple says GSmart adds policy-controlled AI capabilities for forecasting, liquidity, risk, reconciliation and reporting. The company emphasizes auditability and human oversight..
Ripple evolves from cross-border payments to institutional services, covering payments, custody, and more.
A look at Ripple's collaborations with banks, financial institutions, and governments, including notable agreements and partnerships.
XRP Radar was created to track XRP, Ripple and the XRP Ledger with verifiable sources, without confusing technology, adoption and speculation. Here are XRP’s real strengths — and their limits.