Ripple transfers another $420 million in XRP for co-founder Jed McCaleb to dump

Blockchain payments company Ripple today sent its co-founder and former chief technology officer Jed McCaleb another payment of over 408 million XRP tokens, worth around $420 million at current prices.
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Ripple (XRP) likely to go public after its legal battle with SEC is over, CEO confirms

The likelihood of Ripple, the company behind the XRP token and blockchain-based payments network RippleNet, to go public is “very high at some point”—but not before its legal battle with the United States Securities and Exchange Commission (SEC) is resolved, said the firm’s CEO Brad Garlinghouse.
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Ripple (XRP) inks deal with major Middle Eastern bank for Oman-India corridor

BankDhofar, the second-largest bank in the Sultanate of Oman, has teamed up with blockchain-based payments network RippleNet, as per a release today.
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Ex-Ripple exec Jed McCaleb dumped over $310 million in XRP this month

Jed McCaleb, former CTO and co-founder of payment network Ripple (XRP) and current CEO of Stellar (XLM), has sold roughly 275 million XRP since early May as part of his daily “dumping.” The great XRP dump According to blockchain explorer XRPScan, McCaleb received just over 442 million XRP from Ripple on May 2.
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Ripple helps establish payments corridor between Egypt and UAE

The National Bank of Egypt (NBE) has partnered with Ripple (XRP) to establish a cross-border payments corridor with the United Arab Emirates via RippleNet, according to a press release published on Tuesday.
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