Ripple Announces Rebranding of Its Website, Here Are Key Changes
Renowned XRP community figure WrathofKahneman highlights key observations of Ripples rebranded website, suggesting potential shifts in the companys public positioning. In an X post yesterday, Ripple revealed a redesign of its branding, ranging from its website to social media presence. Ripple signaled that it is entering a new phase, with the company being driven by new visions, particularly the Internet of Value (IoV) and global financial innovation. The crypto payments company highlighted this mission on its X handle, emphasizing that it is now focused on building the Internet of Value. https://twitter.com/Ripple/status/1890489428809863170Ripples Major Products The listed products on the companys website include cross-border payments, digital asset custody, and stablecoins. It bears mentioning that Ripple has been focused on enabling instant, low-cost value transfer across the world. Also, the company ventured into the digital asset custody business following its acquisition of Standard Custody. With Ripples custody solution, banks and fintech companies can help their customers store digital assets. Furthermore, the stablecoin product revolves around Ripple USD (RLUSD), which launched last year. According to Ripple, RLUSD enables instant global transactions and drives trading volume growth. Ripple Removes CBDC From Its Website Meanwhile, popular XRP community figure WrathofKahneman highlighted some major observations on Ripples rebranded website. The expert emphasized that Ripple did not mention Central Bank Digital Currencies (CBDC) on its website. Recall that Ripple was previously focused on CBDCs, collaborating with several countries like Palau and Georgia to develop pilot CBDC projects. The company also launched a CBDC platform to allow financial institutions and governments to roll out digital currencies. Following the removal of CBDC from Ripples website, WrathofKahneman questioned whether the company was stepping away from CBDC-related initiatives or keeping a low profile due to the United States stance on CBDCs. As previously reported, President Donald Trump signed an executive order for the digital asset market, banning efforts toward promoting and creating CBDCs. The removal of CBDC from Ripples website could be the companys way of aligning itself with Trumps executive order. Other Observations Another observation highlighted by WrathofKahneman is that Ripple did not list any new customers on the rebranded website. Furthermore, the company now showcases its investments in the Web3 space, emphasizing that it has invested over $600 million in the sector, with over 70 direct investments recorded. Lastly, the XRP community figure emphasized that developer documents are more visible on the rebranded website.
Text source: The Crypto Basic
