New York, April 2, 2026, 2:14 PM (UTC-04:00)
XRP slid roughly 4% to trade near $1.30 on Thursday, losing ground after a brief bounce in the prior session. The drop tracked a broader crypto selloff sparked by renewed Iran-war concerns, which overshadowed fresh business moves from Ripple. Prices from CoinMarketCap, Kraken, and Coinbase all put XRP close to $1.30, marking a 4% decline over the past 24 hours. Barron’s noted XRP gave back Wednesday’s gains as well.
Ripple’s push comes as the company looks to drive more tangible use for XRP, right as markets grow cautious again. On April 1, Ripple rolled out digital-asset features within Ripple Treasury, its treasury-management platform — the software CFOs and finance teams count on to track payments and cash. Now, they can keep and manage XRP and RLUSD directly beside standard cash balances.
RLUSD, Ripple’s stablecoin pegged to the U.S. dollar, is built to maintain a fixed value at $1. In the launch announcement, Renaat Ver Eecke, Ripple Treasury’s senior vice president, put it bluntly: “Digital assets have arrived at the CFO’s desk.” Product head Mark Johnson added, the goal is to make digital assets act “exactly like cash” within the company’s platform. Ripple
Ripple is pushing that message further with help from partners. This week, Convera—a commercial payments company spanning over 140 currencies and 200 markets—announced it’s partnering with Ripple to bring stablecoin-powered solutions for cross-border payments and treasury management. The process is fiat on both sides, but a regulated stablecoin handles the settlement in between.
Convera’s CEO Patrick Gauthier described Ripple as “a clear leader in the crypto space,” while Ripple’s own Aaron Slettehaugh said the partnership is aimed at giving businesses “more control” over cross-border value transfers. The comments highlight Ripple’s ongoing push to cement its payments and corporate finance footprint. United States – English
Macro’s steering the action for now. Reuters flagged a stronger dollar and Brent crude rallying 5.4% after President Donald Trump amped up his Iran stance, while Barron’s noted declines across crypto—bitcoin off 3%, ether down 3.9%, XRP sliding 2.9%—with digital assets tracking the market’s drop. Bannockburn Global Forex’s Marc Chandler put it bluntly: “If you think the war is going to end soon, you buy risk. If you think that it’s not going to end soon, you sell risk.” Reuters
So, XRP holders still face significant risk. Grayscale pointed to geopolitical tensions and a sudden oil shock as factors pushing back rate cut expectations and making crypto traders wary. According to CoinGecko, XRP remains about 64% off its all-time high.
XRP is still holding its spot as the fourth-biggest crypto, market cap hovering near $80 billion—a level that keeps it on the radar with bitcoin and ether. But Thursday’s moves pointed elsewhere: traders seemed to be watching oil, yields, and the trajectory of the war, paying little heed to Ripple’s recent corporate moves.
Related articles: NASDAQ:COIN
