XRP Drops 0.338% as Webus, Air China Partner for Crypto Travel Payments

Generated by AI AgentCrypto Frenzy
Wednesday, Sep 3, 2025 8:26 pm ET3min read
Aime RobotAime Summary

- Webus and Air China partner to integrate XRP for PhoenixMiles' 60M members, aiming to enhance travel rewards via crypto payments, pending regulatory approval.

- XRP community's legal efforts in Ripple v. SEC case secured regulatory clarity, with judge citing stakeholder input in landmark U.S. crypto litigation.

- Ripple launches gaming platform on B3's ecosystem, positioning XRP as a blockchain entertainment cornerstone to bridge Web2 and Web3 audiences.

- XRP Ledger's Credentials amendment (82.86% approved) adds KYC/AML attestation tools, enhancing compliance capabilities for institutional users by Sept. 2025.

- Market analysts note consolidation patterns and institutional accumulation, with 3.33B XRP entering exchanges, signaling potential liquidity shifts.

XRP's latest price was $2.85, down 0.338% in the last 24 hours.

Ltd. has formed a strategic partnership with Air China Limited, introducing XRP-enabled services for PhoenixMiles' 60 million global members. This collaboration aims to integrate Ripple (XRP) as a payment option for PhoenixMiles members, potentially enhancing the member experience with faster settlement and tokenized rewards. The initiative is seen as a step towards broader adoption of cryptocurrency in travel, potentially impacting global membership benefits. However, the actual integration of features remains conditional on regulatory approvals, highlighting the critical role of regulatory compliance in cryptocurrency adoption across industries. Webus and Air China have clearly stated that regulatory compliance will dictate the practical application of their plans.

John Deaton, a leading attorney in favor of XRP, has acknowledged the crucial role played by the XRP community in the lengthy Ripple v. SEC case. Deaton highlighted how the collective efforts of the XRP army were instrumental in influencing the court’s final ruling. According to Deaton, skeptics who downplay the community’s involvement are overlooking its significant contribution. In its defense in the lawsuit, Ripple had submitted more than 2,000 exhibits that consisted of affidavits provided by XRP holders to elaborate amicus briefs. According to Deaton, these materials were mentioned by Judge Analisa Torres in her decision. This is an indication that the judge has considered the voices of XRP stakeholders, which strengthened the legal case in favor of Ripple. The active role of the XRP community in the filing of such documents is regarded as a decisive element in the choice of the case. The end of the legal dispute between Ripple and the SEC has brought much-needed regulatory clarity to XRP, which has elicited positive market responses. The Ripple-SEC case has turned into one of the milestones of U.S. crypto regulation, and the XRP community contributed to it undoubtedly. Since the case established precedent on the treatment of digital assets according to U.S. law, the engagement of the community has highlighted how collective action might influence legal litigation. It has not only impacted the legal process but also revitalized the market, and the XRP army is now hoping to see the price of the asset rise even further in the near future.

Ripple has made its first major push into the gaming sector with the launch of a new layer-3 chain built on top of B3’s open consumer ecosystem. The new platform is designed to bring blockchain gaming closer to mainstream players while reinforcing XRP’s role in consumer applications. The initiative highlights how Ripple wants to position XRP not only as a tool for financial transfers but also as a cornerstone for blockchain-based entertainment. B3 will play a critical role in the rollout, pledging to channel ecosystem revenues into buybacks of its native token. The goal is to create a self-sustaining loop that drives long-term value across the platform. B3 has already proven its infrastructure through past collaborations with SuperGaming, showing it can bridge Web2 developers with blockchain ecosystems. Currently valued at about $71 million, B3 provides the backbone for Xcade’s launch, with the potential to scale rapidly if adoption takes off. Analysts say Ripple’s entry into gaming could help onboard traditional gamers into Web3 by providing smoother integration and familiar experiences. If successful, the move could strengthen XRP’s position within consumer applications while expanding B3’s footprint in blockchain entertainment.

The XRP Ledger Credentials amendment is scheduled to activate on Sept. 4, 2025 after receiving 28 of 35 votes (82.86%). Credentials will add three transaction types to manage attestations for compliance (KYC/AML) and link those attestations to Decentralized Identity on the ledger. The amendment introduces tools for issuing and managing attestations—such as KYC and AML compliance—tied to Decentralized Identity on the ledger. It received 28 of 35 votes (82.86%) and is scheduled to activate on Sept. 4, 2025 at 03:51:21 UTC. Credentials adds three new transaction types to the ledger: CredentialCreate to create a credential entry, CredentialAccept to accept an issued credential, and CredentialDelete to remove a credential. The amendment also modifies existing ledger entry types and adds fields to enable lookup and management of Credential entries. By enabling attestations linked to Decentralized Identity, Credentials allows institutions to record compliance assertions (for example, KYC or AML) in a verifiable ledger-native format. XRP Ledger documentation describes Credentials as a set of tools for authorization and compliance, improving on-chain identity workflows while preserving auditability. The Credentials amendment passed with 28 out of 35 votes (82.86%). In the prior week, three other amendments—fixAMMv1_3, fixEnforceNFTokenTrustlineV2 and fixPayChanCancelAfter—were activated on the XRP Ledger mainnet, indicating ongoing maintenance and protocol improvements.

Market analysts note XRP's technical indicators suggest potential consolidation patterns emerging this month, influenced by broader

market trends. Institutional players are reportedly monitoring key support zones closely, with accumulation behaviors potentially signaling long-term positioning strategies that could impact future network activity.

A significant technical upgrade proposal has entered the voting phase on the XRP Ledger, introducing native credential verification capabilities. This amendment would enable on-ledger identity attestation functionalities while maintaining the network's core design principles of speed and efficiency. If implemented, it could expand the ledger's utility for verifiable credential applications in regulated sectors.

Observers identify notable divergence in holder behavior patterns during this period, with large-scale accumulation by prominent wallets coinciding with distribution activity among long-term investors. Blockchain records indicate approximately 3.33 billion XRP recently entered exchange-hosted wallets, prompting analysis of potential liquidity implications.

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