XRP News Today: Ripple Faces a Staking Dilemma on the XRP Ledger: Balancing Trust and Incentive Conflicts
- Ripple explores XRP Ledger staking to boost DeFi integration and institutional use. - CTO David Schwartz outlines two staking models, but implementation is distant due to architectural complexity. - Staking aims to enhance security and incentivize token holders, aligning with crypto trends while addressing bank needs for cost efficiency and compliance. - Ripple also seeks Fed account access to improve RLUSD stability, leveraging direct Treasury conversions for faster settlements.
Ripple (XRP) is considering adding staking capabilities to its
The suggested staking models are designed to improve XRPL’s security and encourage token holders to participate over the long term. One proposal features a two-tier consensus approach: an inner validator group, chosen by stake, would handle ledger updates with slashing and staking, while an outer group would focus on governance. The alternative would keep the current Proof of Association system but use transaction fees to support zero-knowledge proof (ZKP) verification, allowing for more trustless validation.
Ripple’s investigation into staking reflects a wider movement in the crypto sector, where staking is now central to network security and user participation. For the banking sector, the advantages are evident: staking could lower operational expenses, boost transparency, and make cross-border payments more efficient—areas where XRP already has a foothold. J. Ayo Akinyele, who leads engineering at RippleX, believes staking could transform the incentives for both validators and token holders, creating a stronger ecosystem.
This move is particularly timely. Earlier this month, Ripple’s chief legal officer, Stu Alderoty, expressed support for a Federal Reserve proposal that would allow crypto companies to access so-called “skinny” Fed accounts. Such access could let stablecoin providers like Ripple bypass conventional banks, speeding up settlements and cutting costs.
Although staking on XRPL is still in the conceptual stage, Ripple’s emphasis on regulatory compliance and operational improvements highlights its goal to connect traditional finance with DeFi. For banks, Ripple’s offerings—from cross-border payment solutions to possible staking features—provide tools to adapt to a financial world increasingly influenced by digital assets. As the Fed’s proposed payment system changes progress, Ripple’s technological flexibility may shape its future role in financial innovation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Updates Today: Long-Term Investors Increase Holdings Amid Price Decline: Crypto Market Faces Growing Uncertainty
- Bitcoin and Ethereum face bearish pressure as ETF outflows persist, with Bitcoin near $95,000 and Ethereum below $3,200. - Institutional players like BitMine and FG Nexus adjust strategies amid declining hash prices and liquidity concerns. - Technical indicators like Bitcoin’s death cross and Ethereum’s oversold RSI signal prolonged weakness, with JPMorgan warning of risks for MSTR . - Coinbase’s D'Agostino sees the selloff as a buying opportunity for long-term holders, though structural buyer accumulati
Bitcoin Updates: Nvidia’s Surge in AI Drives Bitcoin Price Swings Amid Growing Concerns of a Market Bubble
- Nvidia's Q3 revenue hit $57.01B, driven by $51.2B in AI-focused data center sales, fueling Bitcoin's initial rebound above $91,000. - Bitcoin later fell to $86,400 amid AI bubble fears, mirroring 2025's pattern as analysts link its volatility to macroeconomic anxieties and overvaluation concerns. - CEO Huang highlighted sustained demand for Blackwell architecture, while regulators and investors warned of systemic risks from AI's rapid adoption and market fragility. - Bitcoin's 92% correlation with Nasdaq
Institutional integration and the Telegram network establish TON as the emerging benchmark in cryptocurrency
- TON (Telegram-integrated blockchain) gains traction as Coinbase expands $TON trading, boosting institutional adoption and liquidity. - TON Strategy Company (NASDAQ: TONX) reports $588.2M in digital assets, underscoring confidence in the token's long-term utility. - Analysts highlight TON's Telegram-driven ecosystem (1B+ users) and partnerships as key advantages over slowing projects like Chainlink (LINK). - Coinbase's Brazil DeFi expansion and stablecoin integration reinforce TON's positioning as a "glob
CBO reduces Trump tariff deficit by $1 trillion amid legislative disputes regarding rebate proposals
- CBO revised Trump-era tariff deficit savings downward by $1 trillion to $3 trillion through 2035, citing policy shifts like China-EU-Japan tariff cuts. - Legal challenges question Trump's executive authority on tariffs, with courts ruling against overreach while Supreme Court reviews cases. - Political clashes persist over $2,000 "tariff rebate" proposals, with Republicans prioritizing debt reduction over direct payments. - Economic analysis shows mixed impacts: short-term deficit reduction but uncertain
Trending news
MoreCrypto prices
More
