XRP Price News: Ripple Just Hit a $50 Billion Valuation—Will It Help XRP? [Yahoo! Finance]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: Yahoo! Finance
Despite Ripple's achievements, the XRP price isn't reacting and is down over 60% from its high. Most banks on RippleNet use Ripple's software without touching XRP, and the one product that creates token demand—On-Demand Liquidity—is mostly limited to remittance firms. A recent study identified one single habit that doubled Americans' retirement savings and moved retirement from dream, to reality. Read more here Ripple is now worth $50 billion. The company just launched a $750 million share buyback that puts it among the ten most valuable private companies in the world, alongside SpaceX, OpenAI, and Stripe. Ripple has also spent over $3 billion on acquisitions since 2023, partnered with Mastercard's crypto payments program, and landed Deutsche Bank as a client for cross-border settlement. Despite all of that, the XRP price has been sliding, and the token is down over 30% since the start of the year. Read: Data Shows One Habit Doubles American's Savings And Boosts Retirement
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