President Donald Trump said the war would end soon and that there was “practically nothing left” to target.
At the same time, India’s S. Jaishankar spoke with Iran’s foreign minister as New Delhi pushed for safer tanker passage through Hormuz after attacks on commercial shipping.
Ripple Announces $750M Share Buyback
Ripple has launched a tender offer to repurchase up to $750 million of its own shares, according to Bloomberg, in a deal that values the company at about $50 billion.
The offer gives employees and early investors an opportunity to sell shares in a structured liquidity event while Ripple remains privately held. Bloomberg said the tender is expected to remain open through April.
The latest valuation marks a sharp increase from Ripple’s January 2024 tender offer, which Reuters reported valued the company at about $11.3 billion.
The buyback comes as Ripple expands its payments business and pushes deeper into regulated financial infrastructure markets. Unlike exchange-traded crypto products or spot token purchases, however, the tender applies to Ripple’s private equity, not XRP itself.
Ripple Moves to Secure Australian Finance License via BC Payments Deal
Ripple said it plans to secure an Australian Financial Services Licence through the proposed acquisition of BC Payments Australia Pty Ltd, a move aimed at expanding its regulated payments offering across the Asia-Pacific region.
The company said the license would allow it to provide a more complete end-to-end payments stack in Australia, including settlement, access to local payout partners, and transaction routing through a single integration.
Ripple added that its APAC payments volume nearly doubled year over year in 2025, underscoring the region’s growing importance to its cross-border payments business.
Australia is already an active market for Ripple, with existing customers including Novatti Group, Stables, Caleb & Brown, Flash Payments, Independent Reserve, and Hai Ha Money Transfer, according to the company.
The proposed acquisition remains subject to closing and regulatory processes.
Binance XRP Reserves Drop to 10-Month Low
Binance’s XRP reserves fell to $3.7 billion on March 10, their lowest level since April 2025, according to on-chain data tracking the dollar value of XRP held on the exchange.
The decline extends a recent downtrend from about $3.9 billion on March 6, suggesting that XRP supply on Binance has continued to tighten over the past several days.
