Darling, Ripple and UC Berkeley have waltzed into the spotlight with UDAX, a dazzling affair to seduce institutions into the arms of the XRP Ledger. How utterly divine! 💃🕺
Well, well, well-Ripple has decided to grace the halls of UC Berkeley with its presence, launching a blockchain initiative that’s simply to die for. The aim? To coax institutions into embracing the XRP Ledger like it’s the latest fad at a Mayfair soiree. 🥂
This little collaboration, dubbed the Digital Asset Xcelerator (UDAX), follows a six-week pilot that was, apparently, the toast of the town. It’s all about nurturing blockchain startups and giving XRP the real-world utility it so desperately craves. How quaint! 🌍✨
Ripple and UC Berkeley: A Match Made in Academic-Corporate Bliss
Through its University Blockchain Research Initiative (UBRI), Ripple has officially unveiled UDAX with UC Berkeley. The program darlings are promised technical guidance, funding, and access to Ripple’s network-all while being encouraged to build on the XRP Ledger. How terribly generous! 🎁
The pilot phase, my dear, involved nine startups frolicking about, developing ideas and testing their mettle for market readiness. A summit in Berkeley kicked things off, where founders were introduced to the XRP Ledger’s tools and use cases. The goal? To dazzle them with its potential in real-world finance. How utterly ambitious! 💼💡
Introducing the University Digital Asset Xcelerator (UDAX). 🎓✨ Ripple and UC Berkeley’s pilot program is here to whisk academic innovation into the arms of institutional XRP utility. Ta-da! 🎉
– Ripple (@Ripple)
According to Ripple, this collaboration marries industry expertise with academic research-a union as inevitable as a Coward play ending in witty repartee. The focus? Institutional adoption, of course, by empowering fresh-faced builders in the blockchain space. How darling! 👶🛠️
Startups Flutter About the XRP Ledger
During the pilot, several startups took the XRP Ledger for a spin, darling. CRX Digital Assets saw their tokenized volume soar from $39 million to $58 million-how positively scandalous! Meanwhile, Blockroll launched stablecoin-backed cards for African freelancers. How très chic! 🌍💳
Blockroll’s CEO, Sadiq Isiaka, trilled that their product helps users in Sub-Saharan Africa settle remittances faster than a Coward one-liner. It also gives them access to financial tools like stablecoin yields and tokenized stocks. These use cases, my dear, are the epitome of XRPL’s institutional charm. 💸✨
The accelerator, you see, is a playground for real-time development and testing of blockchain ideas. Ripple’s partnership with the university is a lifeline for startups eager to build tools for the financial sector, especially in underserved regions. How terribly noble! 🌐🛡️
Related Reading: XRP Whale Inflows to Binance Hit Lowest Level in 2 Years – What’s Next, Darling?
XRP Ledger: The Belle of the Blockchain Ball
The XRP Ledger, my dear, continues to turn heads as more projects build on its network. Axiom is preparing to launch a prediction market on the XRPL, allowing users to trade with RLUSD and XRP. How delightfully innovative! 🔮📈
Ripple, ever the host, has introduced updates to improve network stability and help developers build scalable apps. One upcoming feature? Batch transactions-allowing multiple transfers to be grouped and processed as one. Perfect for businesses juggling large transaction volumes like a Coward juggling witty comebacks. 🎭💼
Robert Kiuru, COO of XRPL Labs, confirmed that work on batch transactions is well underway. The feature, darling, is expected to make it a breeze for developers to create apps with on-chain revenue systems. As these upgrades roll out, the XRPL’s use in institutional finance will flourish. How utterly fabulous! 🌟🚀
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2026-01-17 21:32