Ripple announced a collaboration with Mastercard, WebBank, and Gemini to test RLUSD stablecoin settlements on the XRP Ledger. The initiative aims to enable blockchain-based payments between Mastercard and WebBank using the regulated stablecoin. Initial onboarding is planned for the coming months, pending regulatory approval.

The XRP Ledger's decentralized exchange processed 954,000 transactions on November 4, marking an all-time high for the platform, data show. XRP traded at $2.21, down from over $3 in early October, highlighting a divergence between network activity and price performance.