XRP climbs toward $1.38 as Japan's Rakuten integrates token for payments
CoinDesk·2h ago·Positivity
What Happened
XRP climbed from $1.32 to $1.38 after Japan's Rakuten integrated the token into its payments app. Rakuten's 44 million users can now spend XRP across 5 million merchants and purchase it using loyalty points. The integration ties XRP to one of Japan's largest rewards systems with over $23 billion in circulating points. The price move was backed by strong volume and whale accumulation, though XRP remains within a broader downtrend channel.
Key Entities
XRPRakutenJapan$1.3844 million users5 million merchants$23 billion pointsRippleSBI Ripple Asia