DFSRegulated
United States Crypto Asset Exchange License (CEX)
Ripple
Regulated in Singapore
Crypto Asset Exchange License (CEX)
NMLSRegulated
United States Crypto Asset Transfer License (MTL)
NMLSRegulated
United States Crypto Asset Transfer License (MTL)
MASRegulated
Singapore Crypto Asset Exchange License (CEX)
CSSFRegulated
Luxembourg Crypto Asset Transfer License (MTL)
DFSARegulated
United Arab Emirates Crypto Asset Custody License (CUST)
Basic Information
Country/RegionUnited States
Exchange AbbreviationRipple
Company NameRipple Labs Inc.
Operating Period10-15 years
Websitehttps://ripple.com/
Business operationsPayment
RiskNotice
1 risk alerts
Current data shows that this platform does not have a mobile application. Please be aware of the risks!
Exchange Overview
Exchange Overview
What is Ripple?
Ripple is a leading provider of cross-border payment and digital asset custody solutions, focusing on stablecoin-driven cross-border payments and blockchain technology.
Main Business
The platform provides institutions with capabilities such as prime brokerage, tokenization, and custody, enabling instant global fund transfers between stablecoins, cryptocurrencies, and fiat currencies, helping financial institutions upgrade their infrastructure and participate in the digital asset economy.
Business Region
InfluenceA0
2
4
6
8
10
News
1366
WikiBit Exchange Exit Risk Rankings #53: Binance — A $6.28 Billion Hot Wallet Drained by Hackers: The Industry Giant That Is “Too Big to Fail”
Preface: An industry giant with “a perfect ledger but a breached front line” In the previous 52 issues, we dug into a series of exchanges from HashKey to Bitget. Today, in issue 53, we come to a name no one in crypto can avoid—Binance. On “paper metrics,” this player is the ceiling of the crypto industry: customer assets of about $129.4 billion; total PoR reserves of about $135.8 billion; BTC reserve ratio of 100.35%, USDT 103.88%, and USDC 108.26%; derivatives trading volume of $4.90 trillion in Q1 2026, accounting for 34.9% of the Top 10; and custodial assets of $152.9 billion, accounting for 73.5% of the top ten exchanges. By any static financial indicator, Binance is the “too big to fail” existence. But on the other side, just today—October 30, 2026—on-chain data shows that Binances hot wallets had about $6.0 billion to $6.28 billion in assets transferred out across 8 to 9 chains, with more than $6 billion flowing out within 55 minutes. Issuers such as Tether and Circle urgently froze about $2.8 billion, but about $3.27 billion (mainly native assets such as BTC and ETH) was still moving freely on-chain. An exchange with a “PoR reserve ratio above 100%” had billions of dollars
Ripple and DriveWealth Link Stablecoin Settlement to Global Brokerage
TL;DR:Brokerage infrastructure provider DriveWealth is working with Ripple to incorporate stablecoin settlement and digital-asset capabilities across its global business. The official source also identifies specific limits or future steps, so implementation and market impact should not be assumed. Brokerage infrastructure provider DriveWealth is working with Ripple to incorporate stablecoin settlement and digital-asset capabilities across its global business. For digital-asset markets, the important issue is less the announcement in isolation than the channel through which it could affect users, capital or network activity. The latest development deserves attention, but its relevance depends on the facts published by the organisation behind it and the work still required to make it matter. What the primary announcement establishes The companies announced the collaboration on October 14, with European $RLUSD settlement integration and US expansion planned. DriveWealth is also integrating Ripple Payments for cross-border partner flows and exploring Ripple custody solutions for Europe. The parties are considering equity financing through Ripple Prime, in addition to their settlement and payment work. DriveWealth says it powers investing experiences for more than 100 partners, but the source does not state that every partner uses the new digital-asset integrations. Why this could matter for crypto markets Cross-border brokerage is a useful stress test for stablecoin
Moodys Announces Long-Term and Short-Term Ratings for Ripple (XRP)! Both Praise and Warning!
Moody‘s, one of the leading credit rating agencies, assigned Ripple’s dollar-pegged stablecoin $RLUSD an A2 rating for long-term deposits and a P-1 rating for short-term deposits. This decision provides an important reference point for institutional investors in assessing stablecoin risks, with reserve structure and potential default scenarios also being considered. $RLUSDs Reserve Structure Supports the Note! According to The Defiant, the notes cover $RLUSD, which is issued directly on the XRP Ledger and Ethereum networks by Ripples subsidiary Standard Custody & Trust Company. Moodys viewed positively the fact that the reserves consist mainly of highly liquid assets such as short-term US Treasury bonds and cash. Furthermore, $RLUSD‘s target of a 103% reserve coverage ratio was also considered in the rating and was evaluated positively. A large portion of the reserves are held under BNY’s custody services. Moodys also highlighted practices such as daily reserve verification, independent monthly accounting confirmations, and the burning of tokens prior to redemption.