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The 5-year major lawsuit has come to an end! Ripple and the U.S. SEC have jointly withdrawn their appeals, officially concluding the regulatory battle over XRP.
Key Highlights:
• Both parties shall bear their own litigation costs and jointly apply to dismiss all pending appeals in the Second Circuit Court.
• The original 2020 allegations (XRP as an unregistered security) case is completely closed.
• Ripple seizes the opportunity: Recently raised $500 million in funding, with a valuation of $40 billion. Investors include heavyweight institutions such as Fortress, Citadel Securities, and Galaxy Digital.
What's even more exciting is that this round of financing has a practical application behind it—Ripple has teamed up with Mastercard and Gemini to launch a pilot for RLUSD stablecoin payments, using the XRP public chain for cross-border clearing and settlement.
The XRP ecosystem has also responded well: within 48 hours of the announcement, over 21,000 new wallets were added to the XRP Ledger.
In simple terms: the burden of litigation has been lifted, and Ripple can now focus on its business. For XRP holders, this transition from legal troubles to institutional recognition can ease some of their concerns. Let's see if Ripple can convert this momentum into actual adoption.