XRP spot ETFs have recorded eight consecutive weeks of gains, with cumulative net inflows surpassing $1.7 billion, supported by providers including Bitwise, Franklin Templeton, Canary Capital, 21Shares, and Grayscale. Ripple’s stablecoin RLUSD has reached a market capitalization of nearly $2.5 billion and received approval from Japan’s Financial Services Agency, with backing from major institutions including BNY Mellon. A critical bug affecting the Permission Delegation feature on the XRP Ledger was fixed before any known exploitation, with no impact on ordinary holders. XRP currently trades around $1.38, down 4% on the day, hovering between $1.36 and $1.47, as market participants await regulatory developments around the CLARITY Act on September 15 and the FOMC meeting next week.
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