🇯🇵 XRP Turns Bullish as Ripple Pushes Web3 & DeFi Expansio
CryptoPotato
Updated at: 5 hours ago
{"content":"🇯🇵 XRP Turns Bullish as Ripple Pushes Web3 & DeFi Expansion in Japan
XRP bulls aim for fourth straight rise after recovering from $2.00 support last week.
Japanese Web3 Salon, backed by JETRO, and Ripple are working on DeFi, tokenization, and payments.
XRP futures Open Interest rose to $4.1 billion, indicating rising confidence in the price.
Ripple (XRP) recovered from last week's sell-off to $2.26 on Monday. The sideways trading precedes US-China trade talks in London, which might boost global markets. Previous sessions saw optimistic indications from Bitcoin (BTC) and Ethereum (ETH), suggesting a permanent trade dispute resolution between the two economic titans. President Donald Trump has allowed US authorities to speak beyond tarriffs.
Ripple has partnered with JETRO, Japan's External Trade Organization, and the Asia Web3 Alliance Japan, a leading Web3 startup ecosystem, for a Web3 Salon initiative.
Ripple will award each initiative up to $200,000 over the next year as part of the agreement. Ripple's $1 billion XRP pledge and the XRPL Japan and Korea Fund provide financial, technical, and business development assistance for firms developing on the XRP Ledger.
"The funding will be awarded to a select group of early-stage startups based in Japan that are building on the XRPL, particularly in use cases like decentralized finance (DeFi), tokenized real-world assets (RWA), and digital payments," Ripple stated in a post.
Japan has long led the digital asset business in regulatory clarity and consumer protection. Startups suffer in the highly regimented setting. Startups may minimize entry barriers and accelerate development by cooperating with Ripple and the strategic Web3 Salon.
#USChinaTradeTalks #xrp #BTC110KSoon? #TrumpVsMusk #TrumpTariffs $XRP $BNB $SOL ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/10/dfb0db6b44f542248719c1d573d61b40.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}