MEXCXRP News: Ripple’s XRPL Boosts Programmability Amid BlackRock Tokenization Buzz
Highlights
- The successful Smart Escrow Devnet update release by XRPL developers comes as major XRP news today.
- Smart Escrow and full smart contract XLS-101d developments boost programmability amid tokenization push.
- This comes as Ripple and Securitize launched smart contract for BlackRock’s BUIDL tokenized fund.
In today’s big XRP news, Ripple’s native XRP Ledger (XRPL) is undergoing major advancements to boost programmability on the blockchain. Developers successfully updated the Smart Escrow Devnet amid buzz surrounding the launch of a new smart contract for BlackRock’s BUIDL and VanEck’s VBill swaps to RLUSD.
Upcoming proposed developments, including XLS-101d full smart contract proposal, would bring more use cases as TradFi brings financial instruments on-chain.
XRP News: XRPL Developer Unveils Smart Escrow Devnet Update
XRP Ledger developers announced a successful Smart Escrow Devnet update to the sixth monthly release. With this, the Smart Escrow functionality is feature-complete and moving to the review and testing phase to unlock new use cases on the blockchain amid DeFi adoption and tokenization push.
Changes related to fees and reserves, function signatures, multi-purpose token (MPToken) issuance, along with bug fixes and code cleanup, were revealed by developers. “We have been working a lot on revamping the repo structure to improve the dev experience, so examples are now in projects/examples,” they added.
XRP Ledger validator Vet highlighted another key development to boost programmability on XRPL. He added that XLS-101d proposal aims to bring full smart contract capabilities directly on the blockchain.
This comes amid major XRP news of Ripple and Securitize announcing a smart contract launch to enable tokenized BlackRock’s BUIDL and VanEck’s VBILL holders to redeem tokenized shares for RLUSD stablecoin.
Very excited to share that @BlackRock’s $BUIDL and @VanEck_US’s $VBILL tokenized fund holders can redeem shares for RLUSD/ETH 24/7 365 through @Securitize, and soon to come RLUSD/XRPL.
Enterprise-grade instant onchain liquidity at your fingertips. That’s real utility.…
— Brad Garlinghouse (@bgarlinghouse) September 23, 2025
XRP Price Holds Near $2.85
XRP price dropped 0.60% in the past 24 hours, with the price currently trading at $2.84. The 24-hour low and high were $2.80 and $2.89, respectively. Furthermore, the trading volume has decreased by 40% in the last 24 hours, indicating a decline in interest among traders.
In the daily timeframe, the price is below the 50-MA and merely above the 100-MA at the time of writing. Whereas, the Relative Strength Index (RSI) rises to 42 amid buying from dips, signaling potential for further upside.
CoinGlass data showed buying in the derivatives market. At the time of writing, the total XRP futures open interest jumped 1% to $7.57 billion. XRP futures open interest on CME and Binance climbed 0.10% and 1%, respectively.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Related Articles
- Strategy Raises $715M to Buy More Bitcoin Through New Preferred Stock
- JPMorgan Reveals $340M BlackRock Bitcoin ETF Bet Amid Crypto Treasury Decline
- Arthur Hayes Bets Big on Zcash as It Tops $10B and Surpasses Hyperliquid
- Kalshi Sees Nearly 50-Day Shutdown As Bitcoin Now Mirrors Nasdaq
- Breaking: Crypto Market Structure Bill Faces Delay Amid U.S Senate Drafting Issues
- NEAR Protocol Price Surges 37% as Open Interest Jumps 59% — Is $5 the Next Target?
- Can Ethereum Price Break Below $3k as Exchange Reserves Hit Record Lows?
- Avalanche Price Nears 60% Jump Ahead of Granite Upgrade as AVAX Burn Rate Jumps
- Bitcoin Price Crashes Below $100K: What’s Driving the Drop?
- Zcash Price Surges 24% as November 2025 Halving Hype Grows – Is $1,000 Next?
- Shiba Inu Price Soars 5%: Is SHIB About to Erase Another Zero?
