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[BUSINESS] · United States, Mexico · 2 sources

Ripple's XRP edges higher as Bitso partnership expands, but regulatory hurdles remain

The native Ripple token XRP is trading around $1.14‑$1.18. Analysts note key resistance zones at $1.19, $1.27 and $1.32 that will determine whether the recent rebound can become a sustained rally. Below $1.05 the chart remains vulnerable, and a fall under $1.00 could damage the cryptocurrency’s outlook.

Ripple has announced a deeper collaboration with Mexican exchange Bitso, integrating the MXNB stablecoin on the XRPL ledger and targeting more efficient cross‑border payments between the United States and Mexico. The partnership brings over ten million Bitso users into Ripple’s ecosystem and could tap the $60‑$63 billion annual payment flow between the two countries.

The firm also introduced the XRPL AI Starter Kit, enabling AI‑driven automated payments. In the past 30 days the XRPL processed more than 75 million transactions worth $24.4 million. At the same time, Ripple continues to face regulatory scrutiny; the proposed Digital Asset Market Clarity Act could reclassify XRP as a “digital good,” potentially easing legal pressure, while Ripple’s CEO has publicly challenged statements from JPMorgan’s chief regarding the Act.

Sources

about 1 month ago