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UK parliamentary proposal taps XRPL as preferred rail for climate finance notes as XRP price stalls
XRP’s price outlook remains muted even as a formal UK parliamentary proposal names the XRP Ledger as the preferred blockchain for climate-related financial instruments. The submission outlines Climate Contingent Convertible Notes (CloCos), a structure intended to direct private capital into renewable energy without government subsidies. It also frames XRPL as the settlement and record-keeping layer for a regulated institutional pilot, according to a filing submitted to the UK Parliament’s Environmental Audit Committee.
BTC
BTC-0.65%
6-26
6-21
XRP Holds $1.14–$1.23 as Ripple-linked Remittance Rails Go Live in Indonesia, the Philippines and Vietnam
XRP traded in a $1.14–$1.23 range as Ripple and SBI Remit confirmed a live cross-border remittance setup spanning Indonesia, the Philippines and Vietnam. The disclosure points to XRP-powered infrastructure for international bank account transfers across three major remittance corridors. Technical indicators referenced in the update frame the price as consolidating rather than breaking out.
BTC
BTC-0.65%
6-21