Ripple (XRP) Ecosystem Is Exploding With New Projects Like XenDex (XDX)

SYDNEY, May 24, 2025 (GLOBE NEWSWIRE) -- In a bold move, Ripple is reportedly in talks to acquire Circle, the issuer of USDC, marking a game-changing moment for the stablecoin space.

According to reports, Ripple is in talks to acquire Circle, the issuer of USDC, in a move that could have significant implications for the stablecoin space. Meanwhile, Volatility Shares has launched the first XRPI Futures ETF, highlighting the growing institutional interest in XRP.

As part of the broader narrative on the XRP Ledger, the presale for XenDex, the next big decentralized exchange (DEX) on XRPL, is set to close in just 4 days.

XenDex: The First All-In-One DEX on XRP

The $XDX token powers the entire XenDex platform and offers:

DeFi lending & borrowing: Seamless integration for lending, borrowing, and interest-bearing protocols.

Cross-chain swaps: Facilitate efficient token swaps across different chains.

AI-powered trading: Advanced bots and trading algorithms for sophisticated strategies.

Beginner-friendly interface: Designed for easy navigation and use.

Fast & low-cost architecture: Leveraging the XRP Ledger's speed and efficiency.

After presale, $XDX will be listed on major exchanges like Binance.

Join the community:

Website: https://xendex.net

Presale: https://xendex.net/presale

Telegram: https://t.edges.ms/x/678067

Twitter/X: https://x.com/xendex_xrp

Docs: https://xdxdocs.gitbook.io

About XenDex

XenDex is the first all-in-one DEX being built natively on the XRP Ledger (XRPL), with key DeFi tools like AI-powered trading, lending & borrowing, and cross-chain swaps, all accessible through a beginner-friendly interface.

Its architecture is designed for speed, efficiency, and low transaction costs, catering to the growing demand for advanced DeFi infrastructure on XRPL.

XenDex is powered by the $XDX token, a multi-purpose token used for platform governance, trading fees, and participation in community proposals.

The project is led by a seasoned team with experience across SUI and Cardano, backed by trusted integrations with Xaman, Gitbook, and Namecheap for optimal performance and security. Independent smart contract audits are underway to ensure user security.

About

This content is provided by Blockchain Foundry and paid for by XenDex. New Cryptocurrency Benelux (CCNB), the organizing foundation of the Bitcoin Conference Amsterdam, has filed for bankruptcy. CCNB is known for organizing the annual Bitcoin Conference Amsterdam, a major event in the cryptocurrency industry.

According to a report by Dutch publication Het Financieele Dagblad, the bankruptcy was announced on Thursday. CCNB encountered difficulties during the COVID-19 pandemic as physical events were largely canceled.

The Bitcoin Conference Amsterdam is a renowned event that attracts prominent speakers and a large audience interested in cryptocurrency and blockchain technology. The conference typically features insightful discussions, technical presentations, and networking opportunities.

The bankruptcy of CCNB is a setback for the cryptocurrency community in the Netherlands. The conference served as a valuable platform for connecting industry professionals, advancing knowledge, and promoting the adoption of digital assets.

As CCNB enters bankruptcy, creditors will need to submit claims against the bankrupt estate. The court will then decide how to distribute any remaining assets among the creditors.

The news of CCNB's bankruptcy comes amid a broader downturn in the cryptocurrency markets. The value of Bitcoin and other major cryptocurrencies has declined significantly in recent months, leading to layoffs and difficulties for startups in the industry.

Despite the challenges, there is still strong interest in cryptocurrency, especially among younger generations who are familiar with technology and decentralized finance (DeFi).

DeFi protocols enable new forms of lending, borrowing, and investing in crypto assets, offering alternatives to traditional financial institutions. However, DeFi protocols also carry risks, such as smart contract vulnerabilities and market volatility.

The bankruptcy of CCNB highlights the volatility and fragility of the cryptocurrency industry. While cryptocurrencies have the potential to revolutionize finance, they are also subject to rapid price fluctuations, regulatory uncertainty, and technological risks.

As cryptocurrencies continue to evolve and gain mainstream adoption, it remains crucial to invest wisely, understand the risks involved, and stay informed about the latest developments in the industry.