In the latest XRP crypto news, Ripple has announced a landmark partnership with Absa Bank, one of Africa’s largest financial institutions, marking its first major digital asset custody deal on the continent. This comes alongside major on-chain XRP movements, amid the $1Bn Ripple treasury plans, but what does all this mean for XRP price in October 2025?
The agreement will see Absa leverage Ripple’s enterprise-grade custody technology to secure and manage tokenised assets, including cryptocurrencies, for institutional clients across South Africa.
It’s an interesting move from the company, reminiscent of Charles Hoskinson’s tour d’afrique back in 2021, and it represents a pivotal expansion of Ripple’s infrastructure into Africa’s growing digital asset ecosystem, where demand for compliant custody and blockchain-based investment services is accelerating.
The future of finance is digital, and it demands trusted partnerships. Our latest collaboration with @Ripple strengthens our commitment to regulated custody solutions built for the future.#AfricaExpertise #InvestedInYourStory
— Absa Corporate and Investment Banking (@Absa_CIB) October 15, 2025
Ripple Managing Director for the Middle East and Africa, Reece Merrick, described the partnership as “a major step toward unlocking Africa’s digital asset potential.”
Absa’s Head of Digital Custody, Robyn Lawson, said the bank aims to provide clients with “secure, compliant, and scalable” digital asset services as institutional adoption accelerates.
The partnership comes as Ripple continues rolling out its USD-backed stablecoin RLUSD and supporting Africa-based fintech Chipper Cash with cross-border crypto payments, reinforcing its broader regional strategy to dominate blockchain infrastructure in emerging markets.
Not to mention, the stablecoin market cap is currently at an all-time high – so demand for stablecoin payment providers, especially in emerging markets like Africa, is huge.
XRP Crypto News Onchain: Ripple Moves $500M XRP Amid $1B Treasury Plans
In parallel with its global expansion, Ripple has drawn attention with a transfer of 220M XRP (≈$500M) to a newly created wallet lacking escrow or multi-signature security. https://coincentral.com/ripple-moves-220m-xrp-to-fresh-wallet-amid-treasury-firm-initiative/
Analysts believe the move is tied to Ripple’s planned $1Bn XRP Treasury Firm, an initiative designed to manage reserves and facilitate long-term token distribution.
Ripple currently controls 41.85Bn XRP, or roughly 35% of the total supply, and the new treasury structure is expected to optimize how these assets are held and deployed.
The firm’s goal appears to be stabilizing XRP’s circulating supply and supporting institutional-grade reserve management similar to emerging Digital Asset Treasury (DAT) models seen across the market.
The transfer, flagged by XRPL validator Vet, sparked community debate due to its lack of security measures, though he noted that Ripple frequently establishes new accounts to manage holdings.
Ripple has yet to comment on the $500M transfer officially. Still, with both the Absa custody partnership and the XRP Treasury initiative now in motion, the company is signaling an aggressive new phase in its mission to become the leading provider of institutional blockchain infrastructure.
But what does all this mean for XRP price action in the Weeks ahead of FOMC?
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XRP Price Analysis: Is The Bottom in For XRP Crypto Price Collapse?
After a tumultuous week for much of the crypto market, XRP price is left battered, currently trading at a market price of $2.37 (representing a 24-hour change of +0.53%), a price level almost inconceivable when XRP USD was sitting comfortably above $3.1 at the start of the month.
So much for an Uptober, so far XRP price is trading at a -20% loss since the beginning of October, marking a change of -23.4% month-on-month – a shocking performance.
Yet, things could be heading for a reversal, with a notable double-bottomed support pattern emerging over the past 9 days above $2.25, in a bullish show of strength well above the HTF accumulation zone between $1.5-$2.
(Source –TradingView, XRPUSDT)
This could set the stage for a bullish recovery move heading into a still optimistic FOMC decision at the end of October, with initial targets resting firmly on the rapidly descending 20DMA (currently at $2.6).
This view is also matched by a fully cooled-off RSI indicator, which reads at 35.4, suggesting immediate upside capacity for XRP price action in the weeks ahead.
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