1d ago
Ripple Expands in Brazil as SHIB Open Interest Rises 26% and XRP Holds Near $1.53
Ripple said it is expanding across Brazil with a unified institutional platform spanning custody, prime brokerage, stablecoin settlements and treasury tools, and it plans to apply for a VASP license with Brazil's central bank. SHIB derivatives activity accelerated as open interest climbed more than 26% in 24 hours to about 12.24 trillion SHIB, valued above $75 million. XRP traded around $1.53, staying above the $1.43 area while testing nearby moving-average resistance as exchange reserves ticked higher.