XRP Jumps 20% After Stablecoin Law Passes

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Ripple’s cross-border payments token has surged to an all-time high as crypto markets rally on Friday.

XRP prices have pumped almost 20% over the past 24 hours, propelling the asset to an all-time high of $3.64, according to CoinGecko.

The massive move has also pushed the cryptocurrency’s market capitalization to $214 billion, which is about the same size as fast food giant McDonald’s, cementing its place as the third-largest cryptocurrency.

XRP has gained a whopping 40% over the past week, even outperforming Ethereum, which has also been on fire.


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